International Paper Company (IP)

NYSE: IP · Real-Time Price · USD
54.45
+0.61 (1.13%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.13%
Market Cap 18.92B
Revenue (ttm) 18.64B
Net Income (ttm) 420.00M
Shares Out 347.41M
EPS (ttm) 1.18
PE Ratio 45.97
Forward PE 25.21
Dividend $1.84 (3.38%)
Ex-Dividend Date Nov 15, 2024
Volume 3,055,963
Open 53.67
Previous Close 53.84
Day's Range 53.51 - 54.49
52-Week Range 32.70 - 60.36
Beta 0.99
Analysts Strong Buy
Price Target 52.08 (-4.35%)
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]

Founded 1898
Employees 39,000
Stock Exchange NYSE
Ticker Symbol IP
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for IP stock is "Strong Buy." The 12-month stock price forecast is $52.08, which is a decrease of -4.35% from the latest price.

Price Target
$52.08
(-4.35% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

22 days ago - Seeking Alpha

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...

25 days ago - Reuters

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.

4 weeks ago - PRNewsWire

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...

7 weeks ago - Seeking Alpha

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.

Other symbols: SLVM
7 weeks ago - PRNewsWire

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...

Other symbols: SLVM
7 weeks ago - Business Wire

International Paper Reports Third Quarter 2024 Results

MEMPHIS, Tenn. , Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2024 financial results.

7 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 (...

2 months ago - PRNewsWire

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.

3 months ago - Accesswire

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...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

Other symbols: AMGNBNSCVSMOPFEPMSTLA
3 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

International Paper Reports Second Quarter 2024 Results

MEMPHIS, Tenn. , July 24, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported second quarter 2024 financial results.

5 months ago - PRNewsWire

International Paper to Release Second-Quarter 2024 Earnings on July 24, 2024

MEMPHIS, Tenn. , June 28, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release second-quarter 2024 earnings on July 24, 2024, before the opening of the New York Stock Exchange.

6 months ago - PRNewsWire

International Paper Stock Tumbles as Brazil's Suzano Ends Takeover Effort

International Paper (IP) shares sank in intraday trading Thursday after Brazilian pulp and paper provider Suzano announced that it was no longer pursuing a purchase of its American rival.

6 months ago - Investopedia

RECOMMENDED ALL-SHARE COMBINATION OF DS SMITH PLC WITH INTERNATIONAL PAPER COMPANY OFFER UPDATE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION MEMPHIS, Tenn. , Jun...

6 months ago - PRNewsWire