International Paper Company (IP)
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]
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 StatementsAnalyst 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.
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.
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 ...
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.
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...
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.
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.
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...
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...
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...
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.
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.
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,...
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...
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.
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.
International Paper Reports Third Quarter 2023 Results
MEMPHIS, Tenn. , Oct. 26, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2023 financial results.
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...
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...
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.
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...
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.
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...
International Paper Could Unbox a Pleasant Surprise for Investors
Sustained gains in e-commerce—and a reduced inventory glut—should help the manufacturer.
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.