International Paper (NYSE: IP) recently received a number of ratings updates from brokerages and research firms:

  • 11/15/2017 – International Paper was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 10/30/2017 – International Paper had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 10/30/2017 – International Paper had its price target raised by analysts at Barclays PLC from $50.00 to $52.00. They now have an “underweight” rating on the stock.
  • 10/27/2017 – International Paper had its price target raised by analysts at Credit Suisse Group from $63.00 to $66.00. They now have a “neutral” rating on the stock.
  • 10/24/2017 – International Paper is now covered by analysts at Stephens. They set an “equal weight” rating and a $60.00 price target on the stock.
  • 10/23/2017 – International Paper had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $65.00 price target on the stock.
  • 10/12/2017 – International Paper had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 10/9/2017 – International Paper was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “International Paper has underperformed the industry year to date. Strength in U.S. dollars and soft macroeconomic conditions across the globe has led to volatility in raw material prices. Failure to realize synergies from acquisitions has also impacted International Paper's earnings. High pension obligations further remain another significant headwind. Earnings estimates for the current quarter and year have decreased significantly over the last couple of months, representing negative investor sentiments for the company. However, International Paper is undergoing restructuring initiatives to transform itself into a core packaging firm. It is also taking prudent steps to drive margin expansion and expects EBITDA to increase by 5% in the near future. The company intends to invest $300 million through 2017 to further improve its North American containerboard mill system, enhance product quality, and reduce manufacturing and delivery costs.”
  • 10/9/2017 – International Paper had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $56.00 price target on the stock, up previously from $54.00.
  • 10/2/2017 – International Paper was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “International Paper has underperformed the industry year to date. Strength in U.S. dollars and soft macroeconomic conditions across the globe has led to volatility in raw material prices. Failure to realize synergies from acquisitions has also impacted International Paper's earnings. High pension obligations further remain a significant headwind. Earnings estimates for the current quarter and year have decreased significantly over the last couple of months, representing negative investor sentiments for the company. However, International Paper is undergoing restructuring initiatives to transform itself into a core packaging firm. It is also taking prudent steps to drive margin expansion and expects EBITDA to increase by 5% in the near future. The company intends to invest $300 million through 2017 to further improve its North American containerboard mill system, enhance product quality, and reduce manufacturing and delivery costs.”
  • 9/26/2017 – International Paper was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “International Paper has underperformed the industry year to date. Strength in U.S. dollars and soft macroeconomic conditions across the globe has led to volatility in raw material prices. Failure to realize synergies from acquisitions has also impacted International Paper's earnings. High pension obligations further remain a significant headwind. The company's failure to realize synergies from acquisitions has negatively impacted earnings. Earnings estimates for the current quarter and year have decreased significantly over the last couple of months, representing negative investor sentiments for the company. However, International Paper is undergoing restructuring initiatives to transform itself into a core packaging firm. The company is also taking prudent steps to drive margin expansion and expects EBITDA to increase by 5% in the near future.”

Shares of International Paper Company (NYSE IP) opened at $53.89 on Thursday. International Paper Company has a 12-month low of $47.72 and a 12-month high of $58.96. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.97 and a current ratio of 1.48. The company has a market capitalization of $22,459.16, a PE ratio of 17.77, a PEG ratio of 1.63 and a beta of 1.46.

International Paper (NYSE:IP) last posted its earnings results on Wednesday, October 25th. The basic materials company reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.04. International Paper had a return on equity of 27.56% and a net margin of 4.00%. The firm had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.85 billion. During the same period last year, the firm earned $0.91 EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. analysts predict that International Paper Company will post 3.5 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.475 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This is a boost from International Paper’s previous quarterly dividend of $0.46. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.53%. International Paper’s dividend payout ratio (DPR) is 87.56%.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company’s segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.

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