International Paper Company (IP)
Market Cap | 12.13B |
Revenue (ttm) | 21.16B |
Net Income (ttm) | 1.50B |
Shares Out | 350.08M |
EPS (ttm) | 4.10 |
PE Ratio | 8.45 |
Forward PE | 10.81 |
Dividend | $1.85 (5.34%) |
Ex-Dividend Date | Feb 16, 2023 |
Volume | 1,702,550 |
Open | 34.44 |
Previous Close | 34.50 |
Day's Range | 34.36 - 34.85 |
52-Week Range | 30.69 - 50.23 |
Beta | 1.04 |
Analysts | Sell |
Price Target | 38.42 (+10.85%) |
Earnings Date | Apr 27, 2023 |
About IP
International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. 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 hygiene products, such as baby... [Read more]
Financial Performance
In 2022, IP's revenue was $21.16 billion, an increase of 9.29% compared to the previous year's $19.36 billion. Earnings were $1.50 billion, a decrease of -14.16%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for IP stock is "Sell." The 12-month stock price forecast is $38.42, which is an increase of 10.85% from the latest price.
News

International Paper to Release First-Quarter 2023 Earnings on April 27, 2023
MEMPHIS, Tenn. , March 23, 2023 /PRNewswire/ -- International Paper (NYSE: IP) will release first-quarter 2023 earnings on April 27, 2023, before the opening of the New York Stock Exchange.

ETHISPHERE ANNOUNCES INTERNATIONAL PAPER AS ONE OF THE 2023 WORLD'S MOST ETHICAL COMPANIES FOR THE 17TH CONSECUTIVE YEAR
Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices MEMPHIS, Tenn. , March 13, 2023 /PRNewswire/ -- International Paper (NY...

International Paper Announces Rebrand on 125th Anniversary
The company unveiled a new visual identity and corporate website to reflect its focus on what's next. MEMPHIS, Tenn.

International Paper CEO to Speak at Bank of America Securities 2023 Global Agriculture and Materials Conference
MEMPHIS, Tenn. , Feb. 13, 2023 /PRNewswire/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer Mark Sutton will speak at the Bank of America Securities 2023 Global Agriculture and ...

International Paper Stock is Printing Profits Again
Global packaging and paper products giant International Paper Co. (NYSE: IP) stock is staging a rally off post-pandemic lows. The Company produces paper products in two segments, International Packagi...

International Paper Named to Fortune's List of World's Most Admired Companies for the 20th Time
MEMPHIS, Tenn. , Feb. 2, 2023 /PRNewswire/ -- International Paper (NYSE: IP) has been named to Fortune magazine's list of World's Most Admired Companies for the 20th time.

Compared to Estimates, International Paper (IP) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for International Paper (IP) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with...

International Paper (IP) Q4 Earnings Beat Estimates, Up Y/Y
International Paper's (IP) Q4 earnings gain on higher sales price. However, low volumes due to weak consumer spending amid the inflationary scenario continue to have a dampening impact.
Cardboard maker International Paper beats on Q4 earnings, stock jumps
Yahoo Finance Live anchors Julie Hyman, Brad Smith, Brian Sozzi discuss fourth-quarter earnings for International Paper.

International Paper (IP) Q4 Earnings Top Estimates
International Paper (IP) delivered earnings and revenue surprises of 26.09% and 0.96%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

International Paper Reports Full-Year and Fourth Quarter 2022 Results
MEMPHIS, Tenn. , Jan. 31, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today reported full-year and fourth quarter 2022 financial results.

7 Stocks to Buy as a New Bull Market Emerges
After a rough 2022 full of geopolitical instability and skyrocketing inflation, the concept of stocks to buy for the new year may have appeared imprudent just a few weeks ago. However, the equities se...

What Awaits International Paper (IP) in Q4 Earnings?
International Paper's (IP) Q4 performance will likely reflect the ongoing weakness in packaging demand due to muted customer spending as well as elevated costs.

International Paper Strikes Deal to Divest Russian Pulp Business
With the deal, the American forest-products company becomes the latest U.S. firm to exit from Russia since Moscow invaded Ukraine.

International Paper Reaches Agreement to Sell Ownership Interest in Ilim Joint Venture
MEMPHIS, Tenn. , Jan. 24, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it has entered into an agreement to sell its 50% interest in Ilim SA, the holding company for its Ili...

Earnings Preview: International Paper (IP) Q4 Earnings Expected to Decline
International Paper (IP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

International Paper Declares Dividend
MEMPHIS, Tenn. , Jan. 10, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from January 1, 2023, to March 31, 2023, inclusive...

International Paper Announces Changes to Executive Team
Long-Serving Leader to Retire MEMPHIS, Tenn. , Jan. 4, 2023 /PRNewswire/ -- International Paper (NYSE: IP) announced changes to its senior leadership team today including the retirement of a long-ser...

International Paper to Release Fourth-Quarter and Full-Year 2022 Earnings on January 31, 2023
MEMPHIS, Tenn. , Dec. 13, 2022 /PRNewswire/ -- International Paper (NYSE: IP) will release fourth-quarter and full-year 2022 earnings on January 31, 2023 before the opening of the New York Stock Excha...

International Paper (IP) Down 14% in 3 Months: What Ails It?
Weakness in packaging demand due to the current inflationary scenario, stretched supply chain and surge in energy prices in Europe are weighing on International Paper's (IP) results and share price.

International Paper to Release Fourth-Quarter and Full-Year 2022 Earnings On January 31, 2023
MEMPHIS, Tenn. , Nov. 18, 2022 /PRNewswire/ -- International Paper (NYSE: IP) will release fourth-quarter and full-year 2022 earnings on Tuesday, January 31, 2023 before the opening of the New York S...

International Paper Chairman and CEO to Speak at Citi 2022 Basic Materials Conference
MEMPHIS, Tenn. , Nov. 8, 2022 /PRNewswire/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer Mark S.

Is the Options Market Predicting a Spike in International Paper (IP) Stock?
Investors need to pay close attention to International Paper (IP) stock based on the movements in the options market lately.