International Paper Company (IP)

NYSE: IP · Real-Time Price · USD
47.53
+0.60 (1.28%)
At close: Oct 22, 2024, 4:00 PM
47.27
-0.26 (-0.55%)
Pre-market: Oct 23, 2024, 6:26 AM EDT
1.28%
Market Cap 16.51B
Revenue (ttm) 18.57B
Net Income (ttm) 435.00M
Shares Out 347.38M
EPS (ttm) 1.24
PE Ratio 38.27
Forward PE 25.26
Dividend $1.85 (3.89%)
Ex-Dividend Date Nov 15, 2024
Volume 3,174,719
Open 46.79
Previous Close 46.93
Day's Range 46.77 - 47.71
52-Week Range 31.77 - 50.68
Beta 1.01
Analysts Strong Buy
Price Target 50.74 (+6.75%)
Earnings Date Oct 31, 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 9 analysts, the average rating for IP stock is "Strong Buy." The 12-month stock price forecast is $50.74, which is an increase of 6.75% from the latest price.

Price Target
$50.74
(6.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

International Paper to Release Third-Quarter 2024 Earnings on October 31, 2024

MEMPHIS, Tenn. , Oct. 15, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter 2024 earnings on October 31, 2024, before the opening of the New York Stock Exchange.

7 days ago - PRNewsWire

International Paper Declares Quarterly Dividend

MEMPHIS, Tenn. , Oct. 14, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2024, to December 31, 2024, inclus...

8 days ago - PRNewsWire

International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS Smith

MEMPHIS, Tenn. , Oct. 11, 2024 /PRNewswire/ -- International Paper (NYSE: IP) is pleased to announce today that it received the necessary shareholder approval for its pending acquisition of DS Smith (...

11 days 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, LA / ACCESSWIRE / September 26, 2024 / Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

26 days ago - Accesswire

International Paper Announces Filing of Definitive Proxy Statement in Connection with its Pending Acquisition of DS Smith

IP's Board of Directors Recommends IP Shareholders Vote "FOR" the Proposal MEMPHIS, Tenn. , Sept. 12, 2024 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced that it has filed with t...

5 weeks ago - PRNewsWire

International Paper Makes Leadership Announcement

CEO Andy Silvernail elected Chairman of the Board of Directors Mark Sutton to retire from the Board of Directors September 30, 2024 MEMPHIS, Tenn. , Sept. 10, 2024 /PRNewswire/ -- International Paper ...

6 weeks ago - PRNewsWire

Buy Low, Sell High, Get Paid To Wait (5 Easy Examples)

Buy Low, Sell High, Get Paid To Wait: Our simple investment philosophy focuses on purchasing assets at a discount to their intrinsic value. Key factors for maximizing profit include industry growth, m...

Other symbols: AMGNBNSCVSMOPFEPMSTLA
6 weeks ago - Seeking Alpha

International Paper Names Tom Hamic To New Leadership Role

Tom Hamic named Executive Vice President and President of North American Packaging Solutions MEMPHIS, Tenn. , Aug. 26, 2024 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of ...

2 months ago - PRNewsWire

NFWF Announces $2.5 Million in Grants to Restore Hardwood Forests and Wetland Habitats in the Lower Mississippi Alluvial Valley

Washington D.C., Aug. 26, 2024 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $2.5 million in grants to improve, restore and expand important forest and wetland h...

2 months ago - GlobeNewsWire

International Paper Makes Senior Leadership Announcement

Senior Vice President Tom Plath to leave company at end of year MEMPHIS, Tenn. , Aug. 13, 2024 /PRNewswire/ -- International Paper (NYSE:IP) announced today that Tom Plath, Senior Vice President of Hu...

2 months ago - PRNewsWire

International Paper CEO to Speak at Jefferies 2024 Industrials Conference

MEMPHIS, Tenn. , Aug. 12, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024.

2 months ago - PRNewsWire

International Paper Strengthens Commitment to Nature with $15.3 Million Investment in Conservation Partnerships

MEMPHIS, Tenn. , Aug. 7, 2024 /PRNewswire/ -- International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strate...

2 months ago - PRNewsWire

International Paper Company (IP) Q2 2024 Earnings Call Transcript

International Paper Company. (NYSE:IP) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Mark Nellessen - VP, IR Andy Silvernail - CEO Timothy Nicholls - SVP & CFO Confe...

3 months ago - Seeking Alpha

International Paper Reports Second Quarter 2024 Results

MEMPHIS, Tenn. , July 24, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported second quarter 2024 financial results.

3 months 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.

4 months 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.

4 months 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...

4 months 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 months 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.

5 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
5 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 ...

5 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 ...

5 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.

6 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
6 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
6 months ago - Reuters