International Paper Company (IP)

NYSE: IP · IEX Real-Time Price · USD
39.02
-0.37 (-0.94%)
At close: Mar 28, 2024, 4:00 PM
39.20
+0.18 (0.46%)
After-hours: Mar 28, 2024, 5:03 PM EDT
-0.94%
Market Cap 13.63B
Revenue (ttm) 18.92B
Net Income (ttm) 288.00M
Shares Out 346.35M
EPS (ttm) 0.82
PE Ratio 47.45
Forward PE 18.19
Dividend $1.85 (4.74%)
Ex-Dividend Date Feb 21, 2024
Volume 7,421,949
Open 39.29
Previous Close 39.39
Day's Range 38.60 - 39.48
52-Week Range 29.01 - 41.28
Beta 0.96
Analysts Hold
Price Target 36.33 (-6.89%)
Earnings Date Apr 25, 2024

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, IP'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 "Hold." The 12-month stock price forecast is $36.33, which is a decrease of -6.89% from the latest price.

Price Target
$36.33
(-6.89% downside)
Analyst Consensus: Hold
Stock Forecasts

News

DS Smith in Takeover Talks With International Paper

DS Smith is in talks with International Paper regarding an all-share takeover proposal valuing DS Smith at $7.22 billion, potentially sparking a bidding war with peer Mondi.

2 days ago - WSJ

UK's DS Smith in deal talks with International Paper

Paper and packaging company DS Smith said on Tuesday that it is in discussions with U.S.-listed International Paper regarding a proposal to buy the British packaging firm through a possible all-share ...

2 days ago - Reuters

International Paper Stock Jumps More Than 10% After Company Announces New CEO

International Paper (IP) was the top-performing stock in the S&P 500 Tuesday as the packaging and pulp producer announced its board had selected a new chief executive.

9 days ago - Investopedia

IP's stock jumps after replacing longtime CEO with an investment-firm veteran

International Paper investors cheered Tuesday, after the paper and packaging company named an investment advisor as its new CEO, replacing a chief executive whose only experience has been with the com...

9 days ago - Market Watch

International Paper Is the S&P 500's Top Stock Today. Here's Why.

Andrew Silvernail will succeed Mark Sutton as CEO on May 1.

9 days ago - Barrons

International Paper Names KKR's Silvernail to Succeed Sutton as CEO

International Paper has tapped Andrew Silvernail to succeed Mark Sutton as chief executive of the paper-products maker, effective May 1.

9 days ago - WSJ

Silvernail Elected International Paper Chief Executive Officer

Sutton to continue as Chairman of the Board MEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as C...

9 days ago - PRNewsWire

ETHISPHERE NAMES INTERNATIONAL PAPER AS ONE OF THE 2024 WORLD'S MOST ETHICAL COMPANIES® FOR THE 18TH TIME

Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs MEMPHIS, Tenn., March 7, 2024 /PRNewswi...

21 days ago - PRNewsWire

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Sonoco Prods (NYSE:SON), International Paper (NYSE:IP)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: SONTROX
24 days ago - Benzinga

International Paper Chairman and CEO to Speak at Bank of America Securities 2024 Global Agriculture and Materials Conference

MEMPHIS, Tenn., Feb. 14, 2024 /PRNewswire/ -- International Paper Chairman and Chief Executive Officer Mark S.

6 weeks ago - PRNewsWire

International Paper Reports Full-Year and Fourth Quarter 2023 Results

MEMPHIS, Tenn. , Feb. 1, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported full-year and fourth quarter 2023 financial results.

2 months ago - PRNewsWire

International Paper Declares Quarterly Dividend

MEMPHIS, Tenn. , Jan. 9, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from January 1, 2024, to March 31, 2024, inclusive,...

2 months ago - PRNewsWire

International Paper to Release Fourth-Quarter and Full-Year 2023 Earnings on February 1, 2024

MEMPHIS, Tenn. , Dec. 19, 2023 /PRNewswire/ -- International Paper (NYSE: IP) will release fourth-quarter and full-year 2023 earnings on February 1, 2024, before the opening of the New York Stock Exch...

3 months ago - PRNewsWire

Computerworld names International Paper to 2024 list of Best Places to Work in IT

MEMPHIS, Tenn. , Nov. 27, 2023 /PRNewswire/ -- Foundry's Computerworld (http://www.computerworld.com) announces International Paper as a 2024 Best Places to Work in IT.

4 months ago - PRNewsWire

International Paper Chairman and CEO to Speak at Citi 2023 Basic Materials Conference

MEMPHIS, Tenn. , Nov. 14, 2023 /PRNewswire/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer Mark S.

4 months ago - PRNewsWire

International Paper Reports Third Quarter 2023 Results

MEMPHIS, Tenn. , Oct. 26, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2023 financial results.

5 months ago - PRNewsWire

International Paper to cut about 900 jobs as a results of production shutdowns

Shares of International Paper Co. IP, -0.11% slipped 0.1% in premarket trading Wednesday, after the paper producer said production shutdowns to optimize manufacturing will result in about 900 employee...

5 months ago - Market Watch

International Paper Announces Strategic Actions

IP announces plans to permanently close its Orange mill and to permanently cease production on pulp machines in Riegelwood and Pensacola MEMPHIS, Tenn. , Oct. 18, 2023 /PRNewswire/ -- International Pa...

5 months ago - PRNewsWire

International Paper to Release Third Quarter 2023 Earnings on October 26, 2023

MEMPHIS, Tenn. , Sept. 29, 2023 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter 2023 earnings on October 26, 2023, before the opening of the New York Stock Exchange.

6 months ago - PRNewsWire

Here are the 15 stocks Jim Cramer is watching, including 3 recent IPOs and Starbucks

Here are some of the tickers on my radar for Thursday, Sept. 21, taken directly from my reporter's notebook.

Other symbols: SBUXCCLCSXENPHGISGSJBL
6 months ago - CNBC

International Paper Completes Sale of Ownership Interest in Ilim Joint Venture

MEMPHIS, Tenn. , Sept. 18, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint ven...

6 months ago - PRNewsWire

International Paper Opens Its Newest Corrugated Packaging Facility in Atglen, Pennsylvania

ATGLEN, Pa., Sept. 15, 2023 /PRNewswire/ -- Today, International Paper (NYSE: IP) celebrated the opening of its newest state-of-the-art corrugated packaging facility in Atglen, PA.

6 months ago - PRNewsWire

International Paper Announces CEO Succession Plan

MEMPHIS, Tenn. , Sept. 6, 2023 /PRNewswire/ -- International Paper (NYSE: IP) announced today that Chairman and CEO Mark Sutton has requested that the Board of Directors move forward with the next pha...

7 months ago - PRNewsWire

International Paper Could Unbox a Pleasant Surprise for Investors

Sustained gains in e-commerce—and a reduced inventory glut—should help the manufacturer.

7 months ago - WSJ

These 20 dividend-paying stocks get a double boost from declining interest rates

Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.

7 months ago - Market Watch