International Paper Company (IP)

NYSE: IP · IEX Real-Time Price · USD
34.66
+0.16 (0.46%)
Mar 28, 2023, 4:04 PM EDT - Market closed
0.46%
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]

Founded 1898
Employees 38,000
Stock Exchange NYSE
Ticker Symbol IP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$38.42
(10.85% upside)
Analyst Consensus: Sell
Stock Forecasts

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.

5 days ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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.

3 weeks ago - PRNewsWire

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 ...

1 month ago - PRNewsWire

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...

1 month ago - MarketBeat

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.

1 month ago - PRNewsWire

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...

2 months ago - Zacks Investment Research

US Markets Close Out a Strong Month With Gains

U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.

2 months ago - Investopedia

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.

2 months ago - Zacks Investment Research

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.

2 months ago - Yahoo Finance

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?

2 months ago - Zacks Investment Research

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.

2 months ago - PRNewsWire

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...

Other symbols: AMZNCVXDALKMXWMWPM
2 months ago - InvestorPlace

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.

2 months ago - Zacks Investment Research

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.

2 months ago - WSJ

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...

2 months ago - PRNewsWire

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.

2 months ago - Zacks Investment Research

Daily Dividend Report: AON, Metlife, Cintas, Realty Income, International Paper, Lakeland Financial

Daily Dividend Report: AON, Metlife, Cintas, Realty Income, International Paper, Lakeland Financial

Other symbols: AONCTASLKFNMETO
2 months ago - Forbes

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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.

5 months ago - Zacks Investment Research