In the latest trading session, 4.71 million International Paper Co (NYSE:IP) shares changed hands as the company’s beta touched 1.01. With the company’s most recent per share price at $52.59 changed hands at -$1.3 or -2.41% at last look, the market valuation stands at $18.27B. IP’s current price is a discount, trading about -14.77% off its 52-week high of $60.36. The share price had its 52-week low at $32.70, which suggests the last value was 37.82% up since then. When we look at International Paper Co’s average trading volume, we note the 10-day average is 11.12 million shares, with the 3-month average coming to 5.89 million.
Analysts gave the International Paper Co (IP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.62. If we narrow down to specifics, the data shows that 1 out of 22 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended IP as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight. International Paper Co’s EPS for the current quarter is expected to be 0.48.
International Paper Co (NYSE:IP) trade information
Instantly IP was in red as seen in intraday trades today. With action -9.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -2.29%, with the 5-day performance at -9.30% in the red. However, in the 30-day time frame, International Paper Co (NYSE:IP) is -0.49% down. Looking at the short shares, we see there were 46.23 million shares sold at short interest cover period of 13.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is 57, meaning bulls need an upside of 7.74% from its recent market value. According to analyst projections, IP’s forecast low is 52 with 66 as the target high. To hit the forecast high, the stock’s price needs a -25.5% plunge from its current level, while the stock would need to tank 1.12% for it to hit the projected low.
International Paper Co (IP) estimates and forecasts
Data shows that the International Paper Co share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 18.37% over the past 6 months, a 155.75% in annual growth rate that is considerably higher than the industry average of 9.50%. Year-over-year growth is forecast to reach 47.55% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 6.16B. 2 analysts are of the opinion that International Paper Co’s revenue for the current quarter will be 6.89B. The company’s revenue for the corresponding quarters a year ago was 4.62B and 4.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 33.34%. The estimates for the next quarter sales put growth at 45.48%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.53%. The 2025 estimates are for International Paper Co earnings to increase by 153.68%.
IP Dividends
International Paper Co is expected to release its next quarterly earnings report in March. The 3.52% annual yield figure for the share gives it an annual dividend of 1.85. It is important to note, however, that the 3.52% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.66 per year.
International Paper Co (NYSE:IP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.43% of International Paper Co shares while 106.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 106.81%. There are 106.34% institutions holding the International Paper Co stock share, with PRICE T ROWE ASSOCIATES INC /MD/ the top institutional holder. As of 2024-06-30, the company held 13.5294% of the shares, roughly 46.91 million IP shares worth $2.02 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.7318% or 40.67 million shares worth $1.76 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were American Mutual Fund Inc and Vanguard Total Stock Market Index Fund. With 18.4 shares estimated at $969.95 million under it, the former controlled 5.30% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.16% of the shares, roughly 10.99 shares worth around $579.27 million.
