International Paper Company (IP)
| Market Cap | 13.80B |
| Revenue (ttm) | 18.52B |
| Net Income (ttm) | 172.00M |
| Shares Out | 346.35M |
| EPS (ttm) | 0.49 |
| PE Ratio | 81.31 |
| Forward PE | 17.30 |
| Dividend | $1.85 (4.64%) |
| Ex-Dividend Date | Feb 21, 2024 |
| Volume | 8,764,330 |
| Open | 39.19 |
| Previous Close | 39.28 |
| Day's Range | 39.10 - 40.06 |
| 52-Week Range | 29.01 - 41.30 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 37.29 (-6.4%) |
| 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 7 analysts, the average rating for IP stock is "Buy." The 12-month stock price forecast is $37.29, which is a decrease of -6.40% from the latest price.
News
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.
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.
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...
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...
International Paper Reports First Quarter 2024 Results
MEMPHIS, Tenn. , April 25, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported first quarter 2024 financial results.
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...
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...
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 ...
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...
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 ...
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.
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)
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...
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.
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...
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.