NYSE:IPInternational Paper Stock Price, Forecast & News

$35.23

+0.50 (+1.44 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$34.85

Now: $35.23▼

$35.83

50-Day Range

$29.97

MA: $32.83▼

$36.52

52-Week Range

$26.38

Now: $35.23▼

$47.64

Volume2.33 million shs

Average Volume3.50 million shs

Market Capitalization$13.85 billion

P/E Ratio21.22

Dividend Yield5.90%

Beta1.34

International Paper Co. engages in the manufacture of paper and packaging products. It operates through the following segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment involves in the manufacturing of containerboards, which include linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment offers cellulose fibers product portfolio includes fluff, market, and specialty pulps. The Printing Papers segment includes manufacturing of the printing and writing papers. The company was founded by Hugh J. Chisholm in 1898 and is headquartered in Memphis, TN.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
International Paper has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 3 buy ratings, 7 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.25, International Paper has a potential upside of 22.8% from its current price of $35.23.
Amount of Analyst Coverage
International Paper has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
International Paper has received 664 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
International Paper has received 634 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
International Paper has received 51.16% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about International Paper and other stocks. Vote “Outperform” if you believe IP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IP will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
International Paper is a leading dividend payer. It pays a dividend yield of 5.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
International Paper has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of International Paper is 46.28 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, International Paper will have a dividend payout ratio of 89.13 % in the coming year. This indicates that International Paper may not be able to sustain their current dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, International Paper insiders have bought 23.77% more of their company's stock than they have sold. Specifically, they have bought $160,450.00 in company stock and sold $129,640.00 in company stock.
Percentage Held by Insiders
Only 0.37% of the stock of International Paper is held by insiders.
Percentage Held by Institutions
81.12% of the stock of International Paper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for International Paper are expected to grow by 11.11% in the coming year, from $2.07 to $2.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of International Paper is 21.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of International Paper is 21.22, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.33.
Price to Book Value per Share Ratio
International Paper has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paper mills

Sub-IndustryPaper Products

SectorBasic Materials

Current SymbolNYSE:IP

Previous Symbol

CUSIP46014610

CIK51434

Webwww.internationalpaper.com

Phone901-419-9000

Debt

Debt-to-Equity Ratio1.44

Current Ratio0.77

Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio21.22

Forward P/E Ratio17.02

P/E GrowthN/A

Sales & Book Value

Annual Sales$22.38 billion

Price / Sales0.62

Cash Flow$8.12 per share

Price / Cash Flow4.34

Book Value$19.68 per share

Price / Book1.79

Profitability

EPS (Most Recent Fiscal Year)$4.43

Net Income$1.23 billion

Net Margins2.99%

Return on Equity20.98%

Return on Assets4.59%

Miscellaneous

Employees51,000

Outstanding Shares393,041,000

Market Cap$13.85 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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International Paper (NYSE:IP) Frequently Asked Questions

How has International Paper's stock been impacted by COVID-19 (Coronavirus)?

International Paper's stock was trading at $32.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IP stock has increased by 9.3% and is now trading at $35.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of International Paper?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for International Paper.

When is International Paper's next earnings date?

International Paper is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for International Paper.

How were International Paper's earnings last quarter?

International Paper Co (NYSE:IP) issued its quarterly earnings results on Thursday, April, 30th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.15. The basic materials company earned $5.35 billion during the quarter, compared to the consensus estimate of $5.32 billion. International Paper had a return on equity of 20.98% and a net margin of 2.99%. International Paper's revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.11 EPS. View International Paper's earnings history.

How often does International Paper pay dividends? What is the dividend yield for International Paper?

International Paper announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.5125 per share on Monday, June 15th. This represents a $2.05 annualized dividend and a yield of 5.82%. The ex-dividend date of this dividend is Tuesday, May 26th. View International Paper's dividend history.

How will International Paper's stock buyback program work?

International Paper declared that its board has approved a share buyback program on Tuesday, October 9th 2018, which permits the company to repurchase $430,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for IP?

12 equities research analysts have issued twelve-month price targets for International Paper's shares. Their forecasts range from $29.00 to $53.00. On average, they expect International Paper's share price to reach $43.25 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View analysts' price targets for International Paper.

What are Wall Street analysts saying about International Paper stock?

Here are some recent quotes from research analysts about International Paper stock:

1. According to Zacks Investment Research, "International Paper’s first-quarter adjusted earnings per share and revenues both declined from the prior-year quarter. However, the company beat the Zacks Consensus Estimate on both counts. The company has withdrawn 2020 guidance amid the coronavirus-induced uncertainty. The company will benefit from strong demand in e-commerce channel owing to containment measures amid the pandemic. Further, corrugated packaging demand remains resilient due to its critical role in supply chain. The Global cellulose fibers segment is riding on strong consumer demand for absorbent hygiene products and tissue products as a result of the COVID-19 outbreak. However, weak demand for printing papers as schools and office remain closed is a headwind. The company will nevertheless benefit from its solid balance sheet and acquisitions." (5/27/2020)
2. KeyCorp analysts commented, "We expect consensus estimates to continue to fall in the months ahead for the same reason. So why was the stock up 4.2% compared to the We have no good answer. Reiterate UW rating; we expect the shares to eventually move lower as estimates do the same." (7/25/2019)

Has International Paper been receiving favorable news coverage?

News coverage about IP stock has trended somewhat negative on Tuesday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. International Paper earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutInternational Paper.

Are investors shorting International Paper?

International Paper saw a decrease in short interest in May. As of May 15th, there was short interest totaling 9,370,000 shares, a decrease of 8.4% from the April 30th total of 10,230,000 shares. Based on an average daily volume of 3,860,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.4% of the shares of the company are short sold. View International Paper's Current Options Chain.

Who are some of International Paper's key competitors?

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). View all competitors.

What other stocks do shareholders of International Paper own?

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

Who are International Paper's key executives?

International Paper's management team includes the following people:

Mark S. Sutton, Chairman & Chief Executive Officer
Timothy S. Nicholls, Chief Financial Officer & Senior Vice President
Robert W. Wenker, Chief Information Officer & Vice President
Deon Vaughan, Chief Ethics & Compliance Officer, Vice President
Sharon R. Ryan, Secretary, Senior Vice President & General Counsel

What is International Paper's stock symbol?

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

Who are International Paper's major shareholders?

International Paper's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.11%), State Street Corp (6.31%), Invesco Ltd. (3.93%), Wellington Management Group LLP (3.31%), Franklin Resources Inc. (2.21%) and Geode Capital Management LLC (1.73%). Company insiders that own International Paper stock include Carleton C Ealy, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Ray G Young, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot, W Michael Jr Amick and William Thomas Hamic. View institutional ownership trends for International Paper.

Which major investors are selling International Paper stock?

IP stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wells Fargo & Company MN, BlackRock Inc., Deutsche Bank AG, AQR Capital Management LLC, Nuveen Asset Management LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have sold International Paper company stock in the last year include Jeanmichel Ribieras, Sharon R Ryan, Timothy S Nicholls, W Michael Jr Amick, and William Thomas Hamic. View insider buying and selling activity for International Paper.

Which major investors are buying International Paper stock?

IP stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, Levin Easterly Partners LLC, Bank of New York Mellon Corp, State Street Corp, Balyasny Asset Management LLC, Russell Investments Group Ltd., Geode Capital Management LLC, and Terril Brothers Inc.. Company insiders that have bought International Paper stock in the last two years include Ray G Young, and Vincent P Bonnot. View insider buying and selling activity for International Paper.

How do I buy shares of 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.

What is International Paper's stock price today?

One share of IP stock can currently be purchased for approximately $35.23.

How big of a company is International Paper?

International Paper has a market capitalization of $13.85 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.

What is International Paper's official website?

The official website for International Paper is www.internationalpaper.com.

How can I contact International Paper?

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff