International Paper - IP Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last twelve months. There are currently 3 sell ratings and 4 hold ratings 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.
View IP analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 1-year target prices 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 $36.22 in the next twelve months. This suggests that the stock has a possible downside of 11.3%.
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 stock has increased by 18.0% and is now trading at $40.85.
View the best growth stocks for 2023 here.

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 daily volume of 3,150,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 3.6% of the company's stock are short sold.
View International Paper's Short Interest.

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) issued its earnings results on Tuesday, January, 31st. The basic materials company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.18. The basic materials company had revenue of $5.13 billion for the quarter, compared to analysts' expectations of $5.20 billion. International Paper had a net margin of 9.14% and a trailing twelve-month return on equity of 15.47%. The business's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.78 EPS.
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 annualized dividend and a dividend yield of 4.53%. The ex-dividend date 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 4.90%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IP will have a dividend payout ratio of 68.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IP.

International Paper announced that its Board of Directors has authorized 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 purchase up to 9.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board 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 many different institutional and retail investors. Top institutional investors include Greenhaven Associates Inc. (1.71%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), New York State Common Retirement Fund (0.16%), AE Wealth Management LLC (0.15%), DekaBank Deutsche Girozentrale (0.12%) and Bank of Montreal Can (0.10%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of IP stock can currently be purchased for approximately $40.85.

International Paper (NYSE:IP) has a market capitalization of $14.53 billion and generates $19.36 billion in revenue each year. The basic materials company earns $1.75 billion in net income (profit) each year or $5.25 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.