International Paper Company (IP)
| Market Cap | 21.81B |
| Revenue (ttm) | 21.34B |
| Net Income (ttm) | 1.14B |
| Shares Out | 396.80M |
| EPS (ttm) | 2.86 |
| PE Ratio | 18.64 |
| Forward PE | 10.35 |
| Dividend | $2.05 (3.85%) |
| Ex-Dividend Date | Nov 12, 2021 |
| Volume | 7,205,880 |
| Open | 55.24 |
| Previous Close | 55.81 |
| Day's Range | 52.58 - 55.35 |
| 52-Week Range | 38.79 - 61.39 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 63.32 (+18.8%) |
| Est. Earnings Date | Oct 27, 2021 |
About IP
International Paper Company operates as a paper and packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent ...
Financial Performance
In 2020, IP's revenue was $20.58 billion, a decrease of -8.03% compared to the previous year's $22.38 billion. Earnings were $482.00 million, a decrease of -60.65%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for IP stock is "Hold." The 12-month stock price forecast is 63.32, which is an increase of 18.84% from the latest price.
News
Steve Weiss: 'This week was practice'
Steve Weiss joins Halftime Report with a bearish outlook on the markets. He's sees volatility next week as major earnings report are set to be released and isn't "all in.
International Paper Plans $2B Share Buyback; Slashes Dividend By 9.8%
International Paper Co (NYSE: IP) board of directors has approved a share repurchase program to acquire up to $2 billion of the company's common stock. The new authorization is in addition to $1.3 billi...
International Paper Announces $2 Billion Share Repurchase Program; Decreases Cash Dividend 9.8% to $1.85 per Share An...
MEMPHIS, Tenn., Oct. 12, 2021 /PRNewswire/ -- International Paper today announced its board of directors has authorized a share repurchase program to acquire up to $2 billion of the company's common stock.
International Paper (IP) Concludes Spin-Off, Streamlines Portfolio
International Paper's (IP) spin-off of its printing papers business will help it capitalize on the growing demand for corrugated packaging.
5 Stocks To Watch as Paper Industry Rides on Packaging Demand
Surge in e-commerce activities and strong demand for critical and consumer-oriented products will continue to support the Zacks Paper and Related Products industry. Players like IP, SMFKY, UFS, VRTV and...
Sylvamo Becomes Independent, Publicly Traded Company
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Friday signifies a new beginning for Sylvamo (NYSE: SLVM), a spinoff of International Paper's (NYSE: IP) global papers business, as it b...
International Paper Company Announces Completion of Sylvamo Corporation Spin-Off
MEMPHIS, Tenn., Oct. 1, 2021 /PRNewswire/ -- International Paper Company (NYSE:IP) today announced the completion of its previously announced separation and spin-off of its global printing papers busine...
International Paper to Release Third-Quarter 2021 Earnings on October 27, 2021
MEMPHIS, Tenn., Sept. 30, 2021 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter earnings on Wednesday, October 27, 2021, before the opening of the New York Stock Exchange.
Sylvamo Set to Join S&P SmallCap 600
NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Sylvamo Corp. (NYSE: SLVM) will replace Stamps.com Inc. (NASD: STMP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 4.
7 Materials Stocks to Buy as Investors Look Forward to 2022
With the U.S. looking like the best house in the worst neighborhood, this dynamic could help boost materials stocks. The post 7 Materials Stocks to Buy as Investors Look Forward to 2022 appeared first o...
International Paper (IP) to Distribute 80.1% of Sylvamo Shares
Each stakeholder of International Paper (IP) will receive one share of Sylvamo stock for holding every 11 shares of International Paper stock.
International Paper Company Board of Directors Declares Spin-Off Distribution of Sylvamo Corporation Common Stock
MEMPHIS, Tenn., Sept. 14, 2021 /PRNewswire/ -- International Paper Company (NYSE:IP) today announced that, in connection with its previously announced separation and spin-off of its global papers busine...
International Paper Spinoff to Host Virtual Investor Day
MEMPHIS, Tenn., Aug. 27, 2021 /PRNewswire/ -- International Paper (NYSE: IP) global papers spinoff, Sylvamo Corporation, will host an Investor Day event Sept.
International Paper Announces the Record Date and Distribution Date in Connection with the Spin-off of its Printing P...
MEMPHIS, Tenn., Aug. 23, 2021 /PRNewswire/ -- International Paper (NYSE: IP) today announced the timing and additional details regarding the spinoff of its Printing Paper business, which will be known a...
International Paper Announces Pricing of Senior Notes Offering by Sylvamo Corporation
MEMPHIS, Tenn., Aug. 20, 2021 /PRNewswire/ -- International Paper Company (NYSE: IP) today announced that its wholly-owned subsidiary, Sylvamo Corporation ("Sylvamo"), has priced $450 million aggregate ...
International Paper Announces Proposed Senior Notes Offering by Sylvamo Corporation
MEMPHIS, Tenn., Aug. 9, 2021 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its wholly-owned subsidiary, Sylvamo Corporation ("Sylvamo"), intends to offer $500 million aggregate pri...
International Paper Announces Spinoff Name, Board of Directors
MEMPHIS, Tenn., Aug. 9, 2021 /PRNewswire/ -- International Paper (NYSE: IP) is proud to announce Sylvamo Corporation as the name of its global papers spinoff, with headquarters planned for Memphis, Tenn...
International Paper Completes the Sale of Its Kwidzyn Mill in Poland
MEMPHIS, Tenn., Aug. 6, 2021 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it completed the previously disclosed sale of its Kwidzyn pulp and paper mill and supporting operations t...
6 A-Rated, Safe Stocks to Buy With Dividends
The markets hate uncertainty, so when we're sitting stuck in uncertain times your best bet is to look for safe stocks to buy. The post 6 A-Rated, Safe Stocks to Buy With Dividends appeared first on Inve...
Our outlook continues to be strong: IP CEO
International Paper CEO Mark Sutton joins 'Power Lunch' to discuss his company's Q2 earnings beat and where IP is focusing its business now.
International Paper (IP) Q2 Earnings Beat Estimates, Up Y/Y
International Paper (IP) reports better-than-expected Q2 results on strong demand. The ongoing momentum in demand and pricing actions is expected to aid results in the third quarter of 2021
International Paper (IP) Tops Q2 Earnings and Revenue Estimates
International Paper (IP) delivered earnings and revenue surprises of 0.95% and 0.23%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
International Paper: Q2 Earnings Insights
Shares of International Paper (NYSE:IP) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 37.66% over the past year to $1.06, which were in line with the...
International Paper Reports Second Quarter 2021 Results
MEMPHIS, Tenn., July 29, 2021 /PRNewswire/ -- International Paper (NYSE: IP) today reported second quarter 2021 financial results.
What's in Store for International Paper's (IP) Q2 Earnings?
International Paper's (IP) Q2 results will likely reflect solid demand for essential products, while elevated input costs and higher maintenance outages might have played spoilsport.