What is Seaport Res Ptn’s Forecast for IP FY2026 Earnings?

International Paper Company (NYSE:IP) – Seaport Res Ptn dropped their FY2026 earnings estimates for International Paper in a report released on Monday, November 17th. Seaport Res Ptn analyst M. Weintraub now anticipates that the basic materials company will post earnings per share of $2.20 for the year, down from their prior estimate of $2.90. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for International Paper’s current full-year earnings is $2.77 per share.

International Paper (NYSE:IP) last released its earnings results on Thursday, October 30th. The basic materials company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.96). The firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.76 billion. International Paper had a negative net margin of 0.12% and a positive return on equity of 2.63%. International Paper’s revenue was up 56.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 earnings per share.

A number of other equities research analysts have also recently commented on IP. Wall Street Zen cut shares of International Paper from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. Jefferies Financial Group reduced their target price on International Paper from $61.00 to $59.00 and set a “buy” rating for the company in a report on Friday, September 26th. Bank of America raised shares of International Paper from a “neutral” rating to a “buy” rating and raised their target price for the stock from $55.00 to $57.00 in a research note on Thursday, August 28th. BNP Paribas Exane reduced their price target on International Paper from $42.10 to $40.40 and set an “underperform” rating on the stock in a report on Wednesday, October 8th. Finally, Wells Fargo & Company decreased their target price on shares of International Paper from $44.00 to $36.00 and set an “underweight” rating on the stock in a report on Friday, October 31st. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $50.92.

International Paper Trading Up 0.5%

Shares of NYSE:IP opened at $36.87 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.33 and a debt-to-equity ratio of 0.52. International Paper has a 52-week low of $35.79 and a 52-week high of $60.36. The business has a 50-day moving average price of $44.07 and a 200-day moving average price of $46.99. The stock has a market cap of $19.47 billion, a price-to-earnings ratio of -368.70, a PEG ratio of 0.54 and a beta of 1.12.

International Paper Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 16th. Shareholders of record on Friday, November 14th will be given a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 5.0%. International Paper’s payout ratio is -70.88%.

Insider Transactions at International Paper

In other International Paper news, SVP Joseph R. Saab sold 9,000 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $45.53, for a total transaction of $409,770.00. Following the transaction, the senior vice president directly owned 27,673 shares in the company, valued at $1,259,951.69. This represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is currently owned by insiders.

Institutional Investors Weigh In On International Paper

Institutional investors and hedge funds have recently modified their holdings of the company. Mutual of America Capital Management LLC grew its position in International Paper by 47.3% in the 1st quarter. Mutual of America Capital Management LLC now owns 61,305 shares of the basic materials company’s stock valued at $3,271,000 after acquiring an additional 19,692 shares in the last quarter. OneAscent Financial Services LLC boosted its stake in shares of International Paper by 85.2% in the first quarter. OneAscent Financial Services LLC now owns 13,042 shares of the basic materials company’s stock valued at $698,000 after purchasing an additional 6,001 shares during the period. IFP Advisors Inc boosted its stake in shares of International Paper by 3.1% in the first quarter. IFP Advisors Inc now owns 9,224 shares of the basic materials company’s stock valued at $496,000 after purchasing an additional 275 shares during the period. Teachers Retirement System of The State of Kentucky grew its holdings in shares of International Paper by 57.3% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 40,471 shares of the basic materials company’s stock valued at $2,159,000 after purchasing an additional 14,737 shares in the last quarter. Finally, GW&K Investment Management LLC increased its stake in International Paper by 20.9% during the 1st quarter. GW&K Investment Management LLC now owns 560,486 shares of the basic materials company’s stock worth $29,902,000 after buying an additional 96,867 shares during the period. Hedge funds and other institutional investors own 81.95% of the company’s stock.

About International Paper

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, construction materials, paints, coatings, and others.