International Paper - IP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. 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 brokers have issued twelve-month price objectives for International Paper's shares. Their IP share price forecasts range from $27.00 to $50.00. On average, they anticipate the company's stock price to reach $38.82 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for IP or view top-rated stocks among Wall Street analysts.

International Paper's stock was trading at $34.63 at the start of the year. Since then, IP shares have increased by 13.9% and is now trading at $39.44.
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International Paper saw a increase in short interest in January. As of January 15th, there was short interest totaling 12,640,000 shares, an increase of 23.3% from the December 31st total of 10,250,000 shares. Based on an average trading volume of 3,150,000 shares, the short-interest ratio is presently 4.0 days. Approximately 3.6% 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, April 27th 2023.
View our IP earnings forecast.

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

International Paper announced a quarterly dividend on Tuesday, January 10th. Stockholders of record on Friday, February 17th will be paid 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 4.69%. The ex-dividend date of this dividend is Thursday, February 16th.
Read our dividend analysis for IP.

International Paper (NYSE:IP) pays an annual dividend of $1.85 per share and currently has a dividend yield of 4.56%. 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 67.77% 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 repurchase program on Tuesday, October 12th 2021, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are 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 Greenhaven Associates Inc. (1.71%), Nordea Investment Management AB (1.59%), LSV Asset Management (0.77%), Swiss National Bank (0.39%), UBS Group AG (0.00%) and Sumitomo Mitsui Trust Holdings Inc. (0.35%). Insiders that own company stock include Clinton A Jr Lewis, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Paper Co /New/ International, Ray G Young, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot, 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 $39.44.

International Paper (NYSE:IP) has a market capitalization of $14.03 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 38,200 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.