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: $49.89 to $50.68
• 50-Day Range: $43.63 to $49.98
• 52-Week Range: $31.76 to $50.68
• Volume: 3.54 million shs
• Average Volume: 5.43 million shs
• Market Capitalization: $17.36 billion
• P/E Ratio: 102.00
• Dividend Yield: 3.70%
• Price Target: $50.21
• Consensus Rating: Moderate Buy

International Paper Stock Analysis - MarketRank™

International Paper scored higher than 90% of companies evaluated by MarketBeat, and ranked 43rd out of 197 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

International Paper has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

International Paper has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 70.32%

Earnings Growth

Earnings for International Paper are expected to grow by 70.32% in the coming year, from $1.55 to $2.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of International Paper is 102.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Paper is 102.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 125.16.

Price to Book Value per Share Ratio

International Paper has a P/B Ratio of 2.07. 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

11.64% 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 7.5.

Change versus previous month

Short interest in International Paper has recently increased by 2.82%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

International Paper is a leading dividend payer. It pays a dividend yield of 3.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of International Paper is 377.55%. 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 70.08% 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

11.64% 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 7.5.

Change versus previous month

Short interest in International Paper has recently increased by 2.82%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.68

News Sentiment

International Paper has a news sentiment score of 0.68. 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 0.36 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for International Paper this week, compared to 10 articles on an average week.

Search Interest

Only 5 people have searched for IP on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added International Paper to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 $927,956.00 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 at the beginning of the year. Since then, IP shares have increased by 38.3% and is now trading at $49.98.
View the best growth stocks for 2024 here.

How were International Paper's earnings last quarter?

International Paper (NYSE:IP) announced its quarterly earnings data on Wednesday, July, 24th. The basic materials company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.14. The business's revenue was up 1.1% on a year-over-year basis.
Read the conference call transcript.

Does International Paper have any subsidiaries?

The following companies are subsidiaries of International Paper: Two box plants, Tangier, Weyerhaeuser Co. fiber pulp business, Omaha Paper Stock Company, Temple Inland, AP Paper Mills, CMCP, and others.

Who are International Paper's major shareholders?

Top institutional investors of International Paper include Bank of New York Mellon Corp (4.09%), Dimensional Fund Advisors LP (1.73%), Greenhaven Associates Inc. (1.56%) and Massachusetts Financial Services Co. MA (0.79%). 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 AT&T (T), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ) and Exxon Mobil (XOM).

Company Calendar

• Ex-Dividend for 6/24 Dividend: 5/23/2024
• Dividend Payable: 6/24/2024
• Last Earnings: 7/24/2024
• Ex-Dividend for 9/16 Dividend: 8/15/2024
• Dividend Payable: 9/16/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 10/24/2024
• 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: $50.21
• High Stock Price Target: $57.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +0.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 102.00
• Forward P/E Ratio: 32.25
• P/E Growth: N/A
• Net Income: $288 million
• Net Margins: 2.34%
• Pretax Margin: 1.06%
• Return on Equity: 7.28%
• Return on Assets: 2.66%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.59
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $18.57 billion
• Price / Sales: 0.93
• Cash Flow: $6.70 per share
• Price / Cash Flow: 7.46
• Book Value: $24.15 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 347,332,000
• Free Float: 345,422,000
• Market Cap: $17.36 billion
• Optionable: Optionable
• Beta: 1.04