International Paper Company (IP)

NYSE: IP · IEX Real-Time Price · USD
45.72
-0.15 (-0.33%)
At close: Jul 19, 2024, 4:00 PM
45.66
-0.06 (-0.13%)
After-hours: Jul 19, 2024, 7:38 PM EDT
-0.33%
Market Cap 15.88B
Revenue (ttm) 18.52B
Net Income (ttm) 172.00M
Shares Out 347.33M
EPS (ttm) 0.49
PE Ratio 93.31
Forward PE 19.26
Dividend $1.85 (4.05%)
Ex-Dividend Date Aug 15, 2024
Volume 4,179,210
Open 45.70
Previous Close 45.87
Day's Range 45.49 - 46.04
52-Week Range 31.28 - 47.40
Beta 1.03
Analysts Buy
Price Target 47.09 (+3.0%)
Earnings Date Jul 24, 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, 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 8 analysts, the average rating for IP stock is "Buy." The 12-month stock price forecast is $47.09, which is an increase of 3.00% from the latest price.

Price Target
$47.09
(3.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

International Paper Declares Quarterly Dividend

MEMPHIS, Tenn. , July 9, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from July 1, 2024 to September 30, 2024, inclusive,...

12 days 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.

23 days 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.

24 days 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...

26 days ago - PRNewsWire

NFWF Announces Record $33.5 Million in Conservation Grants to Restore Longleaf Pine Habitat and Help At-Risk Wildlife

Supporting rural communities, this largest grant slate in program history will impact more than 500,000 acres of longleaf pine habitat, increase longleaf seedling capacity, and improve wildlife popula...

Other symbols: SO
4 weeks ago - GlobeNewsWire

International Paper Announces Changes to Its Board of Directors

Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members Ilene S.

2 months ago - PRNewsWire

Exclusive: Brazil's Suzano discusses higher bid for International Paper, sources say

Brazilian pulp and paper company Suzano has been in talks with its advisers about sweetening its $15 billion acquisition offer for International Paper people familiar with the matter said on Monday.

Other symbols: SUZ
2 months ago - Reuters

International Paper Publishes 2023 Sustainability Report

International Paper announced the progress on its Vision 2030 sustainability targets and published reporting against the Sustainability Accounting Standards Board (SASB) disclosures and Task Force on ...

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--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of International ...

2 months ago - Business Wire

International Paper Issues Statement

MEMPHIS, Tenn. , May 7, 2024 /PRNewswire/ -- Consistent with its standing practice, International Paper ("IP") (NYSE: IP) offers no comment on rumors or speculation contained in recent media reports.

2 months ago - PRNewsWire

International Paper stock rises on report of $15 billion buyout offer by Brazil's Suzano

International Paper Co.'s stock was up by by 5% on Tuesday after Reuters reported the company has been offered about $15 billion by Brazil's Suzano S/A.

Other symbols: SUZ
2 months ago - Market Watch

Exclusive: Brazil's Suzano readies $15 billion bid for International Paper, sources say

Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familia...

Other symbols: SUZ
2 months ago - Reuters

INVESTIGATION: The M&A Class Action Firm Announces An Investigation of International Paper Company - IP

NEW YORK , April 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securit...

3 months ago - PRNewsWire

International Paper Reports First Quarter 2024 Results

MEMPHIS, Tenn. , April 25, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported first quarter 2024 financial results.

3 months ago - PRNewsWire

Women MAKE Awards Recognize Excellence In Manufacturing

The Manufacturing Institute Honored International Paper's Sarah Dale MEMPHIS, Tenn. , April 19, 2024 /PRNewswire/ -- The Manufacturing Institute—the workforce development and education affiliate of th...

3 months ago - PRNewsWire

Mondi drops out of race to buy DS Smith in win for rival International Paper

British paper and packaging group Mondi said on Friday it would not make an offer to buy DS Smith , bowing out of the battle after its UK peer agreed to a 5.8 billion pound deal with International Pap...

3 months ago - Reuters

International Paper vows to list on London Stock Exchange as Superdry outlines plans to leave

International Paper on Tuesday outlined plans to seek out a listing on the London Stock Exchange in a major win for the troubled market following a series of high-profile exits, with Superdry the late...

3 months ago - Market Watch

IP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of International Paper Company Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of International Paper Company (NYSE: IP) and DS Smith Plc is fair to International Paper ...

3 months ago - Business Wire

International Paper Buys DS Smith in All-Share Deal

International Paper has agreed to buy London-listed peer DS Smith for roughly $7.2 billion in an all-share deal, outgunning a rival bid from Mondi to form a global packaging leader.

3 months ago - WSJ

International Paper clinches $7.20 bln deal to buy DS Smith

International Paper said on Tuesday it has agreed an all-share deal to buy DS Smith , valuing the British paper and packaging firm at 5.8 billion pounds ($7.20 billion). ($1 = 0.8050 pounds)

3 months ago - Reuters

International Paper Announces Agreement to Acquire DS Smith

Creates Significant Shareholder Value and a Global Leader in Sustainable Packaging Solutions with a Focus on Attractive and Growing North American and European Regions Strengthens Customer Value Propo...

3 months ago - PRNewsWire

International Paper to Release First-Quarter 2024 Earnings on April 25, 2024

MEMPHIS, Tenn. , April 10, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release first-quarter 2024 earnings on April 25, 2024, before the opening of the New York Stock Exchange.

3 months ago - PRNewsWire

International Paper to seek London listing if it inks deal with DS Smith

International Paper said on Thursday it would seek a secondary London listing if it buys British paper and packaging peer DS Smith and the combination could deliver at least $514 million of pre-tax co...

3 months ago - Reuters

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.

4 months 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 ...

4 months ago - Reuters