International Paper (IP) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 brokers have issued 1 year price objectives for International Paper's stock. Their IP share price forecasts range from $27.00 to $50.00. On average, they expect the company's share price to reach $38.55 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price.
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International Paper's stock was trading at $34.63 at the start of the year. Since then, IP stock has decreased by 15.0% and is now trading at $29.43.
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International Paper saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,550,000 shares, an increase of 20.7% from the April 30th total of 10,400,000 shares. Based on an average trading volume of 2,920,000 shares, the short-interest ratio is presently 4.3 days. Approximately 3.7% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
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International Paper (NYSE:IP) issued its quarterly earnings results on Thursday, April, 27th. The basic materials company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.04. The basic materials company earned $5.02 billion during the quarter, compared to the consensus estimate of $5.03 billion. International Paper had a trailing twelve-month return on equity of 14.87% and a net margin of 6.28%. International Paper's quarterly revenue was down 4.1% compared to the same quarter last year. During the same period last year, the business earned $0.76 EPS.
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International Paper announced a quarterly dividend on Tuesday, May 9th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.4625 per share on Thursday, June 15th. This represents a $1.85 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for IP.

ETFs with the largest weight of International Paper (NYSE:IP) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), iShares Global Timber & Forestry ETF (WOOD), Invesco MSCI Global Timber ETF (CUT), 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) and First Trust Materials AlphaDEX Fund (FXZ).

International Paper (NYSE:IP) pays an annual dividend of $1.85 per share and currently has a dividend yield of 6.04%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, IP will have a dividend payout ratio of 86.45% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for IP.

International Paper announced that its board has authorized a share buyback plan on Tuesday, October 12th 2021, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 9.2% of its shares through open market purchases. Shares repurchase plans are often 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.64%), State Street Corp (6.72%), Price T Rowe Associates Inc. MD (5.14%), Franklin Resources Inc. (2.45%), Charles Schwab Investment Management Inc. (2.15%) and Geode Capital Management LLC (2.14%). 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 $29.43.

International Paper (NYSE:IP) has a market capitalization of $10.21 billion and generates $20.94 billion in revenue each year. The basic materials company earns $1.50 billion in net income (profit) each year or $3.61 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.