Equities research analysts forecast that International Paper Co (NYSE:IP) will announce earnings per share of $0.91 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for International Paper’s earnings. The highest EPS estimate is $0.93 and the lowest is $0.89. International Paper posted earnings of $0.94 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 3.2%. The business is scheduled to announce its next earnings report on Thursday, April 25th.

On average, 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 expect that the business will post earnings of $5.42 per share, with EPS estimates ranging from $4.70 to $6.25. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow International Paper.

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

IP has been the subject of a number of recent research reports. Seaport Global Securities initiated coverage on International Paper in a research report on Tuesday, October 23rd. They set a “neutral” rating for the company. Royal Bank of Canada restated a “buy” rating and set a $55.00 target price on shares of International Paper in a research report on Tuesday, October 23rd. Deutsche Bank set a $55.00 price objective on International Paper and gave the company a “hold” rating in a report on Monday, October 29th. Zacks Investment Research upgraded International Paper from a “sell” rating to a “hold” rating in a report on Monday, October 29th. Finally, Argus dropped their price objective on International Paper from $70.00 to $55.00 and set a “buy” rating for the company in a report 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. The company presently has a consensus rating of “Hold” and an average price target of $54.58.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ETRADE Capital Management LLC grew its stake in International Paper by 32.0% in the fourth quarter. ETRADE Capital Management LLC now owns 44,501 shares of the basic materials company’s stock valued at $1,796,000 after acquiring an additional 10,777 shares during the period. Nikko Asset Management Americas Inc. grew its stake in International Paper by 2.0% in the fourth quarter. Nikko Asset Management Americas Inc. now owns 287,794 shares of the basic materials company’s stock valued at $11,615,000 after acquiring an additional 5,733 shares during the period. GAM Holding AG grew its stake in International Paper by 64.2% in the fourth quarter. GAM Holding AG now owns 73,770 shares of the basic materials company’s stock valued at $2,978,000 after acquiring an additional 28,836 shares during the period. BlackRock Inc. grew its stake in International Paper by 1.9% in the fourth quarter. BlackRock Inc. now owns 36,558,928 shares of the basic materials company’s stock valued at $1,475,518,000 after acquiring an additional 688,610 shares during the period. Finally, Fluent Financial LLC grew its stake in International Paper by 177.8% in the fourth quarter. Fluent Financial LLC now owns 34,742 shares of the basic materials company’s stock valued at $1,402,000 after acquiring an additional 22,238 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

IP stock opened at $45.99 on Monday. The firm has a market cap of $18.63 billion, a PE ratio of 8.64, a PEG ratio of 0.91 and a beta of 1.58. International Paper has a twelve month low of $37.55 and a twelve month high of $61.30. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 1.34.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 21st will be issued a $0.50 dividend. The ex-dividend date is Wednesday, February 20th. This represents a $2.00 dividend on an annualized basis and a yield of 4.35%. International Paper’s dividend payout ratio is presently 37.59%.

International Paper Company Profile

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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