International Paper (IP) Stock Price, News & Analysis

Company Overview

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others. It sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Key Stats

• Today's Range: $53.51 to $54.49
• 50-Day Range: $46.63 to $59.56
• 52-Week Range: $32.70 to $60.36
• Volume: 6.63 million shs
• Average Volume: 5.18 million shs
• Market Capitalization: $18.92 billion
• P/E Ratio: 46.54
• Dividend Yield: 3.40%
• Price Target: $51.54
• Consensus Rating: Moderate Buy

International Paper Stock Analysis - MarketRank™

International Paper scored higher than 73% of companies evaluated by MarketBeat, and ranked 90th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

International Paper has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

International Paper has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 152.54%

Earnings Growth

Earnings for International Paper are expected to grow by 152.54% in the coming year, from $1.18 to $2.98 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of International Paper is 46.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Paper is 46.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.28.

Price to Book Value per Share Ratio

International Paper has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.91% of the float of International Paper has been sold short.

Short Interest Ratio / Days to Cover

International Paper has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in International Paper has recently decreased by 0.87%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

International Paper pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

International Paper does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of International Paper is 158.12%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, International Paper will have a dividend payout ratio of 62.08% next year. This indicates that International Paper will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -2.17

Percentage of Shares Shorted

14.91% of the float of International Paper has been sold short.

Short Interest Ratio / Days to Cover

International Paper has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in International Paper has recently decreased by 0.87%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.91

News Sentiment

International Paper has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for International Paper this week, compared to 12 articles on an average week.

Search Interest

Only 7 people have searched for IP on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added International Paper to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, International Paper insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $158,904.00 in company stock.

Percentage Held by Insiders

Only 0.55% of the stock of International Paper is held by insiders.

Percentage Held by Institutions

81.95% of the stock of International Paper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IP Stock Analysis - Frequently Asked Questions

How have IP shares performed this year?

International Paper's stock was trading at $36.15 on January 1st, 2024. Since then, IP shares have increased by 50.6% and is now trading at $54.45.
View the best growth stocks for 2024 here.

How were International Paper's earnings last quarter?

International Paper (NYSE:IP) announced its quarterly earnings results on Thursday, October, 31st. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.20. The company's quarterly revenue was up 1.6% on a year-over-year basis.
Read the conference call transcript.

Does International Paper have any subsidiaries?

International Paper subsidiaries include these companies: Two box plants, Tangier, Weyerhaeuser Co. fiber pulp business, Omaha Paper Stock Company, Temple Inland, AP Paper Mills, CMCP, and more.

Who are International Paper's major shareholders?

Top institutional shareholders of International Paper include State Street Corp (6.25%), FMR LLC (5.13%), Geode Capital Management LLC (2.41%) and Franklin Resources Inc. (1.65%). Insiders that own company stock include Mark S Sutton, Timothy S Nicholls, James P Jr Royalty, Thomas J Plath, Clay R Ellis, Kathryn D Sullivan, William Thomas Hamic, Allison B Magness, Joseph R Saab, Holly G Goughnour, Aimee K Gregg and Paper Co /New/ International.
View institutional ownership trends.

How do I buy shares of International Paper?

Shares of IP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of International Paper own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Paper investors own include JPMorgan Chase & Co. (JPM), Intel (INTC), AT&T (T), Chevron (CVX), Exxon Mobil (XOM), Verizon Communications (VZ) and Meta Platforms (META).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 12/16 Dividend: 11/15/2024
• Dividend Payable: 12/16/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Paper mills
• Sub-Industry: Paper Products
• Current Symbol: NYSE:IP
• CUSIP: 46014610
• CIK: 51434
• Web: www.internationalpaper.com
• Phone: (901) 419-9000
• Fax: 901-214-9682
• Employees: 39,000
• Year Founded: 1898

Price Target and Rating

• Average Stock Price Target: $51.54
• High Stock Price Target: $64.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: -5.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.17
• Trailing P/E Ratio: 46.54
• Forward P/E Ratio: 46.14
• P/E Growth: N/A
• Net Income: $288 million
• Net Margins: 2.25%
• Pretax Margin: 0.24%
• Return on Equity: 6.49%
• Return on Assets: 2.37%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.53
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $18.64 billion
• Price / Sales: 1.01
• Cash Flow: $6.31 per share
• Price / Cash Flow: 8.63
• Book Value: $24.15 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 347,408,000
• Free Float: 345,497,000
• Market Cap: $18.92 billion
• Optionable: Optionable
• Beta: 1.02