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

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

International Paper announced a quarterly dividend on Tuesday, January 14th. Stockholders of record on Friday, February 21st will be given 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 4.74%. The ex-dividend date is Thursday, February 20th. View International Paper's Dividend History.

International Paper announced that its Board of Directors has authorized a stock repurchase program on Tuesday, October 9th 2018, which permits the company to repurchase $430,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

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

International Paper is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for International Paper.

12 Wall Street 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 $45.36 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for International Paper.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 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.

Headlines about IP stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. International Paper earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave 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 immediate future. View News Stories for International Paper.

International Paper saw a drop in short interest in January. As of January 31st, there was short interest totalling 11,750,000 shares, a drop of 11.9% from the January 15th total of 13,330,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the short-interest ratio is currently 4.5 days. Approximately 3.0% of the shares of the stock are sold short. View International Paper's Current Options Chain.

Some companies that are related to International Paper include Black Knight (BKI), Domtar (UFS), Neenah (NP), Schweitzer-Mauduit International (SWM), 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), QUALCOMM (QCOM) and Bank of America (BAC).

International Paper's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (6.19%), Franklin Resources Inc. (2.23%), Hotchkis & Wiley Capital Management LLC (1.85%), Bank of New York Mellon Corp (1.50%), LSV Asset Management (1.24%) and Charles Schwab Investment Management Inc. (0.85%). Company insiders that own International Paper stock include Carleton C Ealy, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot and W Michael Jr Amick. View Institutional Ownership Trends for International Paper.

IP stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Franklin Resources Inc., Snow Capital Management LP, LSV Asset Management, Sasco Capital Inc. CT, Pacer Advisors Inc., Janus Henderson Group PLC and Shelton Capital Management. Company insiders that have sold International Paper company stock in the last year include Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls and W Michael Jr Amick. View Insider Buying and Selling for International Paper.

IP stock was purchased by a variety of institutional investors in the last quarter, including Captrust Financial Advisors, Panagora Asset Management Inc., Hotchkis & Wiley Capital Management LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Exchange Traded Concepts LLC, AustralianSuper Pty Ltd, Triodos Investment Management BV and Pictet Asset Management Ltd.. View Insider Buying and Selling 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 $43.23.

International Paper has a market capitalization of $16.95 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 53,000 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]