International Paper - IP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" IP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IP, but not buy additional shares or sell existing shares.
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9 analysts have issued 1 year target prices for International Paper's shares. Their IP share price forecasts range from $27.00 to $50.00. On average, they anticipate the company's share price to reach $38.82 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
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International Paper's stock was trading at $34.63 at the beginning of 2023. Since then, IP stock has increased by 1.8% and is now trading at $35.24.
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International Paper saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 10,840,000 shares, a decrease of 10.5% from the February 13th total of 12,110,000 shares. Based on an average trading volume of 3,120,000 shares, the short-interest ratio is presently 3.5 days. Approximately 3.1% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our IP earnings forecast.

International Paper will be holding an earnings conference call on Thursday, April 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "7537161".

International Paper (NYSE:IP) posted its earnings results on Tuesday, January, 31st. The basic materials company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.69 by $0.18. The basic materials company earned $5.13 billion during the quarter, compared to the consensus estimate of $5.20 billion. International Paper had a trailing twelve-month return on equity of 15.81% and a net margin of 7.11%. The company's revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 EPS.
Read the conference call transcript.

International Paper declared a quarterly dividend on Tuesday, January 10th. Stockholders of record on Friday, February 17th will be given a dividend of $0.4625 per share on Wednesday, March 15th. This represents a $1.85 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend is Thursday, February 16th.
Read our dividend analysis for IP.

ETFs with the largest weight of International Paper (NYSE:IP) stock in their portfolio include Invesco MSCI Global Timber ETF (CUT), iShares Global Timber & Forestry ETF (WOOD), Invesco S&P Ultra Dividend Revenue ETF (RDIV), iShares Emergent Food and AgTech Multisector ETF (IVEG), WBI Power Factor High Dividend ETF (WBIY), Invesco S&P 500 Equal Weight Materials ETF (RTM), First Trust Materials AlphaDEX Fund (FXZ) and Invesco S&P 500 High Dividend Low Volatility ETF (SPHD).

International Paper (NYSE:IP) pays an annual dividend of $1.85 per share and currently has a dividend yield of 5.36%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IP will have a dividend payout ratio of 70.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IP.

International Paper declared that its Board of Directors has approved a stock buyback plan on Tuesday, October 12th 2021, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 9.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

305 employees have rated International Paper Chief Executive Officer Mark S. Sutton on Glassdoor.com. Mark S. Sutton has an approval rating of 80% among the company's employees.

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

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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.35%), Geode Capital Management LLC (2.23%), Charles Schwab Investment Management Inc. (2.22%), Greenhaven Associates Inc. (1.71%), Franklin Resources Inc. (1.66%) and Morgan Stanley (1.64%). Insiders that own company stock include Aimee K Gregg, Clinton A Jr Lewis, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Joseph R Saab, Mark S Sutton, Paper Co /New/ International, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, W Michael Jr Amick and William Thomas Hamic.
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Shares of IP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IP stock can currently be purchased for approximately $35.24.

International Paper (NYSE:IP) has a market capitalization of $12.34 billion and generates $21.16 billion in revenue each year. The basic materials company earns $1.50 billion in net income (profit) each year or $4.07 on an earnings per share basis.

The company employs 39,000 workers across the globe.

International Paper's mailing address is 6400 POPLAR AVENUE, MEMPHIS TN, 38197. The official website for the company is www.internationalpaper.com. The basic materials company can be reached via phone at (901) 419-9000, via email at shrrelations@mellon-investor.com, or via fax at 901-214-9682.