NYSE:IP - International Paper Stock Price, Forecast & News

International Paper's stock was trading at $32.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IP stock has decreased by 5.4% and is now trading at $30.48. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for International Paper.

International Paper is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for International Paper.

International Paper Co (NYSE:IP) announced its quarterly earnings data on Thursday, January, 30th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.02 by $0.07. The basic materials company earned $5.50 billion during the quarter, compared to the consensus estimate of $5.60 billion. International Paper had a net margin of 5.47% and a return on equity of 23.49%. International Paper's revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.65 EPS. View International Paper's earnings history.

International Paper announced a quarterly dividend on Tuesday, January 14th. Investors of record on Friday, February 21st will be paid a dividend of $0.5125 per share on Monday, March 16th. This represents a $2.05 dividend on an annualized basis and a dividend yield of 6.73%. The ex-dividend date of this dividend is Thursday, February 20th. View International Paper's dividend history.

International Paper declared that its Board of Directors has authorized a share repurchase program on Tuesday, October 9th 2018, which permits the company to buyback $430,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

11 analysts have issued 1-year price targets for International Paper's stock. Their forecasts range from $38.00 to $53.00. On average, they expect International Paper's stock price to reach $46.00 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price. View analysts' price targets for International Paper.

Press coverage about IP stock has trended very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. International Paper earned a news impact score of -3.3 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutInternational Paper.

International Paper saw a decrease in short interest in March. As of March 13th, there was short interest totaling 11,589,800 shares, a decrease of 7.2% from the February 27th total of 12,490,000 shares. Based on an average trading volume of 2,980,000 shares, the short-interest ratio is presently 3.9 days. Currently, 3.0% of the company's shares are sold short. View International Paper's Current Options Chain.

Some companies that are related to International Paper include Black Knight (BKI), Domtar (UFS), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT), Clearwater Paper (CLW) and Resolute Forest Products (RFP).

Based on aggregate information from My MarketBeat watchlists, some companies that other International Paper investors own include AT&T (T), Pfizer (PFE), Verizon Communications (VZ), Exxon Mobil (XOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Intel (INTC), JPMorgan Chase & Co. (JPM), CVS Health (CVS) and Bank of America (BAC).

International Paper trades on the New York Stock Exchange (NYSE) under the ticker symbol "IP."

Shares of IP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IP stock can currently be purchased for approximately $30.48.

International Paper has a market capitalization of $11.95 billion and generates $22.38 billion in revenue each year. The basic materials company earns $1.23 billion in net income (profit) each year or $4.43 on an earnings per share basis. International Paper employs 51,000 workers across the globe. View additional information about International Paper.

The official website for International Paper is http://www.internationalpaper.com/.

International Paper's mailing address is 6400 POPLAR AVENUE, MEMPHIS TN, 38197. The basic materials company can be reached via phone at 901-419-9000 or via email at [email protected]