International Paper Company (IP)
Market Cap | 20.32B |
Revenue (ttm) | 18.64B |
Net Income (ttm) | 420.00M |
Shares Out | 347.41M |
EPS (ttm) | 1.18 |
PE Ratio | 49.37 |
Forward PE | 27.03 |
Dividend | $1.84 (3.15%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 4,427,748 |
Open | 57.39 |
Previous Close | 56.93 |
Day's Range | 57.34 - 58.50 |
52-Week Range | 32.70 - 60.36 |
Beta | 1.00 |
Analysts | Strong Buy |
Price Target | 52.52 (-10.19%) |
Earnings Date | Jan 30, 2025 |
About IP
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, construct... [Read more]
Financial Performance
In 2023, International Paper's revenue was $18.92 billion, a decrease of -10.61% compared to the previous year's $21.16 billion. Earnings were $288.00 million, a decrease of -80.85%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for IP stock is "Strong Buy." The 12-month stock price forecast is $52.52, which is a decrease of -10.19% from the latest price.
News
Exclusive: EU to approve International Paper's $7.1 billion DS Smith deal, sources say
U.S.-based International Paper is set to receive EU approval for its 5.8 billion pound ($7.12 billion) acquisition of UK rival DS Smith after agreeing to sell assets to address competition concerns, p...
International Paper to Release Fourth-Quarter and Full-Year 2024 Earnings on January 30, 2025
MEMPHIS, Tenn. , Jan. 14, 2025 /PRNewswire/ -- International Paper (NYSE: IP) will release fourth-quarter and full-year 2024 earnings on January 30, 2025, before the opening of the New York Stock Exch...
Fiber-Based Packaging Industry Forecast to 2030 Featuring Comprehensive Analysis of 46 Major Companies - AR Packaging Group, Georgia-Pacific, International Paper Company, Omni-Pac Group & More
Understand the significant growth trajectory of the Corrugated Boxes segment, which is expected to reach US$132.2 Billion by 2030 with a CAGR of a 4.5%. The Cartons segment is also set to grow at 5.0%...
International Paper: Self-Help And An Improving Market Enable Further Upside
International Paper has gained over 70% in the past year, driven by strategic alternatives and operational improvements, warranting a revisit of my stock outlook. Despite a decline in EPS last quarter...
EU sets Jan. 10 deadline for International Paper-DS Smith deal
U.S.-based International Paper's 5.8-billion-pound ($7.29 billion) bid for British packaging firm DS Smith will be decided by EU antitrust regulators by Jan. 10, a European Commission filing showed on...
International Paper Chairman and CEO to Speak at the Citi 2024 Basic Materials Conference
MEMPHIS, Tenn. , Nov. 22, 2024 /PRNewswire/ -- International Paper Chairman and Chief Executive Officer Andy Silvernail will speak at the Citi 2024 Basic Materials Conference on December 4, 2024.
International Paper Company (IP) Q3 2024 Earnings Call Transcript
International Paper Company (NYSE:IP) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Mark Nellessen - Vice President of Investor Relations Andrew Silvernail - Chai...
International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill
MEMPHIS, Tenn. , Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business.
Sylvamo, International Paper Terminate Georgetown Supply Agreement
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, and International Paper (NYSE: IP) are mutually terminating a supply agreement for uncoate...
International Paper Reports Third Quarter 2024 Results
MEMPHIS, Tenn. , Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2024 financial results.
International Paper CEO to Speak at Baird 2024 Global Industrial Conference
MEMPHIS, Tenn. , Oct. 28, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024.
International Paper to Release Third-Quarter 2024 Earnings on October 31, 2024
MEMPHIS, Tenn. , Oct. 15, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter 2024 earnings on October 31, 2024, before the opening of the New York Stock Exchange.
International Paper Declares Quarterly Dividend
MEMPHIS, Tenn. , Oct. 14, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2024, to December 31, 2024, inclus...
International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS Smith
MEMPHIS, Tenn. , Oct. 11, 2024 /PRNewswire/ -- International Paper (NYSE: IP) is pleased to announce today that it received the necessary shareholder approval for its pending acquisition of DS Smith (...
INTERNATIONAL PAPER INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of International Paper Company - IP
NEW ORLEANS, LA / ACCESSWIRE / September 26, 2024 / Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
International Paper Announces Filing of Definitive Proxy Statement in Connection with its Pending Acquisition of DS Smith
IP's Board of Directors Recommends IP Shareholders Vote "FOR" the Proposal MEMPHIS, Tenn. , Sept. 12, 2024 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced that it has filed with t...
International Paper Makes Leadership Announcement
CEO Andy Silvernail elected Chairman of the Board of Directors Mark Sutton to retire from the Board of Directors September 30, 2024 MEMPHIS, Tenn. , Sept. 10, 2024 /PRNewswire/ -- International Paper ...
Buy Low, Sell High, Get Paid To Wait (5 Easy Examples)
Buy Low, Sell High, Get Paid To Wait: Our simple investment philosophy focuses on purchasing assets at a discount to their intrinsic value. Key factors for maximizing profit include industry growth, m...
International Paper Names Tom Hamic To New Leadership Role
Tom Hamic named Executive Vice President and President of North American Packaging Solutions MEMPHIS, Tenn. , Aug. 26, 2024 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of ...
NFWF Announces $2.5 Million in Grants to Restore Hardwood Forests and Wetland Habitats in the Lower Mississippi Alluvial Valley
Washington D.C., Aug. 26, 2024 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $2.5 million in grants to improve, restore and expand important forest and wetland h...
International Paper Makes Senior Leadership Announcement
Senior Vice President Tom Plath to leave company at end of year MEMPHIS, Tenn. , Aug. 13, 2024 /PRNewswire/ -- International Paper (NYSE:IP) announced today that Tom Plath, Senior Vice President of Hu...
International Paper CEO to Speak at Jefferies 2024 Industrials Conference
MEMPHIS, Tenn. , Aug. 12, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024.
International Paper Strengthens Commitment to Nature with $15.3 Million Investment in Conservation Partnerships
MEMPHIS, Tenn. , Aug. 7, 2024 /PRNewswire/ -- International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strate...
International Paper Company (IP) Q2 2024 Earnings Call Transcript
International Paper Company. (NYSE:IP) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Mark Nellessen - VP, IR Andy Silvernail - CEO Timothy Nicholls - SVP & CFO Confe...