NYSE:IPInternational 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 increased by 7.2% and is now trading at $34.54. 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 will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

International Paper declared a quarterly dividend on Tuesday, May 12th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.5125 per share on Monday, June 15th. This represents a $2.05 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Tuesday, May 26th. View International Paper's dividend history.

International Paper announced that its Board of Directors has approved a stock repurchase plan on Tuesday, October 9th 2018, which permits the company to repurchase $430,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

12 equities research analysts have issued 1-year price objectives for International Paper's shares. Their forecasts range from $29.00 to $53.00. On average, they anticipate International Paper's share price to reach $41.50 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for International Paper.

Media stories about IP stock have trended very negative on Sunday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. International Paper earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned headlines 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 company's share price in the next several 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 daily volume of 3,840,000 shares, the short-interest 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 number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.06%), Wedge Capital Management L L P NC (0.04%), DNB Asset Management AS (0.02%), Campbell Capital Management Inc. (0.02%) and Unison Advisors LLC (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, Whittier Trust Co., Forte Capital LLC ADV, Home Federal Bank of Tennessee, Xcel Wealth Management LLC, and Carroll Financial Associates Inc.. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Campbell Capital Management Inc., Unison Advisors LLC, Wedge Capital Management L L P NC, Cypress Capital Group, Town & Country Bank & Trust CO dba First Bankers Trust CO, Old Port Advisors, and Arden Trust Co. 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 $34.54.

International Paper has a market capitalization of $13.58 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]