NYSE:IPInternational Paper Stock Price, Forecast & News

International Paper's stock was trading at $32.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IP stock has increased by 5.9% and is now trading at $34.13. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 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, July 30th 2020. View our earnings forecast for International Paper.

International Paper Co (NYSE:IP) released its earnings results on Thursday, April, 30th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.15. The basic materials company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.32 billion. International Paper had a return on equity of 20.98% and a net margin of 2.99%. The business's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 earnings per share. View International Paper's earnings history.

International Paper declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.5125 per share on Monday, June 15th. This represents a $2.05 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date of this dividend is Tuesday, May 26th. View International Paper's dividend history.

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

12 brokerages have issued 1 year price targets for International Paper's stock. Their forecasts range from $29.00 to $53.00. On average, they expect International Paper's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for International Paper.

Press coverage about IP stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. International Paper earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about International Paper.

International Paper saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 9,790,000 shares, a drop of 7.3% from the May 31st total of 10,560,000 shares. Based on an average trading volume of 3,840,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.5% of the shares of the company 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). View all competitors.

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

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

International Paper's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.06%), DNB Asset Management AS (0.02%), Campbell Capital Management Inc. (0.02%), Old Port Advisors (0.01%) and Home Federal Bank of Tennessee (0.01%). Company insiders that own International Paper stock include Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Ray G Young, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot, W Michael Jr Amick and William Thomas Hamic. View institutional ownership trends for International Paper.

IP stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., DNB Asset Management AS, and Home Federal Bank of Tennessee. Company insiders that have sold International Paper company stock in the last year include Jeanmichel Ribieras, Sharon R Ryan, Timothy S Nicholls, W Michael Jr Amick, and William Thomas Hamic. View insider buying and selling activity for International Paper.

IP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Campbell Capital Management Inc., Town & Country Bank & Trust CO dba First Bankers Trust CO, Old Port Advisors, Clarius Group LLC, and Municipal Employees Retirement System of Michigan. Company insiders that have bought International Paper stock in the last two years include Ray G Young, and Vincent P Bonnot. View insider buying and selling activity for International Paper.

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 $34.13.

International Paper has a market capitalization of $13.41 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.

The official website for International Paper is 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]