Zacks Research Issues Pessimistic Estimate for IP Earnings

International Paper Company (NYSE:IPFree Report) – Investment analysts at Zacks Research decreased their Q3 2026 earnings estimates for shares of International Paper in a report issued on Thursday, February 12th. Zacks Research analyst Team now forecasts that the basic materials company will earn $0.59 per share for the quarter, down from their prior estimate of $0.66. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for International Paper’s current full-year earnings is $2.77 per share. Zacks Research also issued estimates for International Paper’s FY2028 earnings at $3.41 EPS.

A number of other equities research analysts have also recently commented on IP. Truist Financial decreased their price objective on International Paper from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Jefferies Financial Group upped their price target on International Paper from $47.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Argus reduced their price objective on shares of International Paper from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. JPMorgan Chase & Co. upped their target price on shares of International Paper from $45.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Finally, Royal Bank Of Canada reduced their price target on shares of International Paper from $55.00 to $54.00 and set an “outperform” rating on the stock in a research report on Friday, January 30th. Eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $48.25.

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International Paper Price Performance

IP opened at $49.17 on Friday. The company has a fifty day moving average price of $41.67 and a two-hundred day moving average price of $43.62. The firm has a market capitalization of $25.96 billion, a PE ratio of -7.33 and a beta of 1.11. International Paper has a 52 week low of $35.56 and a 52 week high of $57.55. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.28.

International Paper (NYSE:IPGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The basic materials company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.36). International Paper had a negative return on equity of 0.35% and a negative net margin of 14.12%.The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.90 billion. During the same period last year, the firm earned ($0.02) earnings per share. The company’s quarterly revenue was up 53.1% on a year-over-year basis.

Insider Buying and Selling at International Paper

In other news, SVP Clay R. Ellis sold 18,819 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $36.85, for a total transaction of $693,480.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew K. Silvernail acquired 50,000 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of $39.98 per share, for a total transaction of $1,999,000.00. Following the completion of the transaction, the chief executive officer directly owned 50,000 shares in the company, valued at $1,999,000. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.35% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On International Paper

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of International Paper by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 64,357,913 shares of the basic materials company’s stock worth $2,535,058,000 after buying an additional 310,834 shares during the last quarter. Capital International Investors boosted its position in International Paper by 29.4% during the fourth quarter. Capital International Investors now owns 63,413,335 shares of the basic materials company’s stock valued at $2,498,013,000 after purchasing an additional 14,422,616 shares during the last quarter. Capital Research Global Investors grew its stake in International Paper by 0.4% in the fourth quarter. Capital Research Global Investors now owns 54,535,444 shares of the basic materials company’s stock valued at $2,148,154,000 after purchasing an additional 204,654 shares in the last quarter. State Street Corp increased its position in shares of International Paper by 1.3% during the 4th quarter. State Street Corp now owns 30,009,733 shares of the basic materials company’s stock worth $1,182,083,000 after purchasing an additional 397,673 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of International Paper by 9.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 18,737,896 shares of the basic materials company’s stock worth $877,496,000 after purchasing an additional 1,592,411 shares in the last quarter. 81.95% of the stock is currently owned by institutional investors and hedge funds.

International Paper Company Profile

(Get Free Report)

International Paper is a global producer of renewable fiber-based products, focused primarily on pulp, paper, and packaging. The company manufactures containerboard and corrugated packaging used for shipping and retail display, as well as a range of specialty papers and pulp products that serve industrial, consumer goods, and e-commerce customers. Its product portfolio is oriented toward large-scale packaging solutions, tissue and paper grades, and raw pulp for a variety of manufacturing uses.

Founded in 1898, International Paper is headquartered in Memphis, Tennessee, and is one of the largest and longest-established companies in the forest products sector.

See Also

Earnings History and Estimates for International Paper (NYSE:IP)

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