Equities research analysts forecast that International Paper Co (NYSE:IP) will announce $0.91 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for International Paper’s earnings, with the highest EPS estimate coming in at $0.93 and the lowest estimate coming in at $0.89. International Paper posted earnings of $0.94 per share in the same quarter last year, which would indicate a negative year over year growth rate of 3.2%. The firm is scheduled to issue its next earnings results on Thursday, April 25th.

According to Zacks, analysts expect that International Paper will report full-year earnings of $5.18 per share for the current financial year, with EPS estimates ranging from $4.68 to $5.50. For the next year, analysts anticipate that the company will post earnings of $5.42 per share, with EPS estimates ranging from $4.70 to $6.25. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for International Paper.

International Paper (NYSE:IP) last issued its earnings results on Thursday, January 31st. The basic materials company reported $1.65 EPS for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.04. International Paper had a net margin of 8.63% and a return on equity of 30.72%. The business had revenue of $5.95 billion for the quarter, compared to the consensus estimate of $5.86 billion.

IP has been the topic of a number of research reports. Barclays cut their target price on shares of International Paper from $45.00 to $44.00 and set an “underweight” rating on the stock in a research note on Monday, October 29th. Zacks Investment Research raised shares of International Paper from a “sell” rating to a “hold” rating in a research note on Monday, October 29th. Seaport Global Securities initiated coverage on shares of International Paper in a research note on Tuesday, October 23rd. They issued a “neutral” rating on the stock. Royal Bank of Canada reissued a “buy” rating and issued a $55.00 target price on shares of International Paper in a research note on Tuesday, October 23rd. Finally, Deutsche Bank set a $55.00 target price on shares of International Paper and gave the company a “hold” rating in a research note on Monday, October 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $54.58.

Shares of IP stock traded up $0.65 during mid-day trading on Monday, reaching $47.15. The company’s stock had a trading volume of 2,923,102 shares, compared to its average volume of 2,961,203. International Paper has a 12-month low of $37.55 and a 12-month high of $61.30. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 1.34. The company has a market cap of $19.10 billion, a PE ratio of 8.86, a P/E/G ratio of 0.95 and a beta of 1.58.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 21st will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 4.24%. The ex-dividend date is Wednesday, February 20th. International Paper’s payout ratio is 37.59%.

In related news, insider Timothy S. Nicholls sold 45,000 shares of the firm’s stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $46.67, for a total transaction of $2,100,150.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.32% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Webster Bank N. A. grew its holdings in International Paper by 64.6% during the 4th quarter. Webster Bank N. A. now owns 7,645 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 3,000 shares in the last quarter. American Trust Investment Advisors LLC grew its holdings in International Paper by 59.2% during the 4th quarter. American Trust Investment Advisors LLC now owns 60,850 shares of the basic materials company’s stock worth $2,456,000 after acquiring an additional 22,635 shares in the last quarter. Commonwealth Bank of Australia grew its holdings in International Paper by 5.5% during the 3rd quarter. Commonwealth Bank of Australia now owns 68,809 shares of the basic materials company’s stock worth $3,375,000 after acquiring an additional 3,600 shares in the last quarter. Evermay Wealth Management LLC acquired a new position in International Paper during the 3rd quarter worth $211,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in International Paper by 58.6% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 22,680 shares of the basic materials company’s stock worth $915,000 after acquiring an additional 8,380 shares in the last quarter. 81.56% of the stock is owned by institutional investors and hedge funds.

About International Paper

International Paper Company operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

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