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. Shareholders 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 annualized dividend and a yield of 5.30%. The ex-dividend date of this dividend is Thursday, February 20th. View International Paper's Dividend History.

International Paper announced that its Board of Directors has approved a share repurchase plan 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 repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

International Paper Co (NYSE:IP) released its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.07. The basic materials company earned $5.50 billion during the quarter, compared to analysts' expectations of $5.60 billion. International Paper had a return on equity of 23.49% and a net margin of 5.47%. International Paper's quarterly revenue was down 7.6% on a year-over-year basis. During the same period last year, the company posted $1.65 earnings per share. 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 brokerages have issued twelve-month price objectives for International Paper's stock. Their forecasts range from $38.00 to $53.00. On average, they anticipate International Paper's share price to reach $45.36 in the next twelve months. This suggests a possible upside of 17.3% 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.

News headlines about IP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. International Paper earned a news impact score of 0.7 on InfoTrie's scale. They also gave news 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 effect on the company's share price in the near future. View News Stories for International Paper.

International Paper saw a decrease in short interest in February. As of February 14th, there was short interest totalling 10,520,000 shares, a decrease of 10.5% from the January 30th total of 11,750,000 shares. Based on an average trading volume of 2,720,000 shares, the short-interest ratio is currently 3.9 days. Approximately 2.7% of the shares of the stock are short sold. 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), CVS Health (CVS), JPMorgan Chase & Co. (JPM) and General Electric (GE).

International Paper's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (6.19%), Franklin Resources Inc. (2.23%), Hotchkis & Wiley Capital Management LLC (1.85%), Geode Capital Management LLC (1.66%), Bank of New York Mellon Corp (1.50%) and LSV Asset Management (1.24%). 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 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 bought 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, Geode Capital Management LLC and Triodos Investment Management BV. 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 $38.68.

International Paper has a market capitalization of $15.17 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]