International Paper (NYSE:IP) Price Target Raised to $46.00

International Paper (NYSE:IP) had its price target raised by Truist Financial from $40.00 to $46.00 in a research report sent to investors on Wednesday, MarketBeat Ratings reports. Truist Financial currently has a buy rating on the basic materials company’s stock.

A number of other equities analysts also recently issued reports on the company. Wells Fargo & Company lifted their price target on International Paper from $39.00 to $42.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft started coverage on International Paper in a research note on Wednesday, April 1st. They issued a “hold” rating and a $38.00 price objective for the company. BNP Paribas Exane cut their target price on International Paper from $44.00 to $42.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Seaport Research Partners upgraded International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price target for the company in a report on Friday, May 1st. Finally, Citigroup raised their price objective on International Paper from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Eight analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.31.

International Paper Stock Performance

IP opened at $37.53 on Wednesday. International Paper has a 1-year low of $29.26 and a 1-year high of $56.13. The company has a market cap of $19.87 billion, a price-to-earnings ratio of -5.90 and a beta of 0.94. The company’s fifty day moving average price is $35.04 and its two-hundred day moving average price is $38.04. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.55.

International Paper (NYSE:IP) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The business had revenue of $5.97 billion for the quarter, compared to analyst estimates of $6.02 billion. International Paper had a negative net margin of 13.42% and a negative return on equity of 0.49%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. On average, analysts expect that International Paper will post 1.39 EPS for the current fiscal year.

International Paper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be paid a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, August 14th. International Paper’s payout ratio is presently -29.09%.

Insider Activity at International Paper

In other International Paper news, Director Scott Tozier purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average cost of $31.30 per share, with a total value of $313,000.00. Following the completion of the transaction, the director owned 10,025 shares of the company’s stock, valued at $313,782.50. The trade was a 40,000.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IP. McIlrath & Eck LLC raised its stake in shares of International Paper by 452.6% during the 4th quarter. McIlrath & Eck LLC now owns 641 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 525 shares during the period. MV Capital Management Inc. bought a new position in International Paper during the fourth quarter valued at about $25,000. Sound Income Strategies LLC grew its position in International Paper by 94.0% during the fourth quarter. Sound Income Strategies LLC now owns 710 shares of the basic materials company’s stock valued at $31,000 after buying an additional 344 shares during the period. DV Equities LLC purchased a new stake in International Paper during the fourth quarter worth about $29,000. Finally, Ascentis Independent Advisors purchased a new stake in International Paper during the first quarter worth about $28,000. Institutional investors own 81.95% of the company’s stock.

More International Paper News

Here are the key news stories impacting International Paper this week:

• Positive Sentiment: Wells Fargo reiterated a Buy rating on International Paper, and Royal Bank of Canada raised its price target from $45 to $48, signaling continued analyst confidence in upside potential. International Paper Co (IP) Gets a Buy from Wells Fargo
• Positive Sentiment: The company announced new independent board appointments, adding Katherine Collins and Lori J. Ryerkerk, which may be viewed as a governance-strengthening move. International Paper Announces Changes to Its Board of Directors
• Positive Sentiment: Truist Financial issued a positive forecast for International Paper, adding to the constructive analyst tone around the stock. Truist Financial Issues Positive Forecast for International Paper (NYSE:IP) Stock Price
• Neutral Sentiment: International Paper’s board changes also included the departure of directors Dr. Kathryn Sullivan and Ahmet, suggesting a broader refresh rather than a clear operational catalyst. International Paper Announces Changes to Its Board of Directors
• Neutral Sentiment: Zacks Research trimmed its Q3 2026 EPS estimate to $0.51 from $0.53 and lowered FY2028 EPS slightly to $3.25 from $3.28, but kept a Hold rating, making this more of a mild caution than a major negative. International Paper Company (NYSE:IP) – Free Report
• Negative Sentiment: International Paper said it will close its Carrollton South, Texas packaging facility by the end of Q3 2026, and another report said the company will also close a Texas plant, highlighting ongoing network rationalization that can weigh on sentiment. International Paper to Close Carrollton South, Texas Packaging Facility

International Paper Company Profile

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.