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Wednesday, March 22, 2023

Analyst Expects International Paper Company (NYSE: IP) To Make Big Moves

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for International Paper Company (IP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.11, or 0.30%, to $36.31. The International Paper Company has recorded 120,695 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted International Paper’s Approach to Thriving People and Communities.

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Stocks Info

International Paper Company is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Packaging & Containers industry. At the end of the last regular session, the stock closed at $36.20 and fluctuated between $37.14 as its day high and $36.08 as its day low. The current market capitalization of International Paper Company is $12.59B. A total of 2.25 million shares were traded on the day, compared to an average of 3.20M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, IP has seen 11 BUY and 13 SELL insider trades, representing the acquisition of 324,748 and the disposition of 109,031 shares. Over the last 12 months, there were 18 BUYs and 21 SELLs from insiders. Insiders purchased 431,978 shares during that period but sold 204,746.

In the most recent transaction, Gregg Aimee K. sold 1,862 shares of IP for 36.05 per share on Feb 22. After the transaction, the Senior Vice President now owns 4,260 company shares. In a previous transaction on Feb 16, Nicholls Timothy S sold 5,000 shares at 38.95 per share. IP shares that Senior Vice President owns now total 129,261.

Among the insiders who sold shares, PLATH THOMAS J. disposed of 2,000 shares on Nov 30 at a per-share price of $36.00. This resulted in the Senior Vice President holding 49,953 shares of IP after the transaction. In another insider transaction, Nicholls Timothy S sold 7,500 shares at $33.66 per share on Oct 31. Company shares held by the Senior Vice President now total 101,897.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. International Paper Company pays an annual dividend of $1.85, resulting in a dividend yield of 5.11%, and it has a price to earnings (P/E) ratio of 7.64. IP’s most recent ex-dividend date was 2/16/2023 when it declared a $0.4625 quarterly dividend that was paid in cash on 3/15/2023. Previously, the company paid the dividend on 12/15/2022 with an ex-dividend date of 11/14/2022. The IP stock dividend was $0.4625 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for IP in the last 3 months, the mean price target is $38.78 with high estimates of $44.00 and low estimates of $30.00. In terms of 52-week highs and lows, IP has a high of $50.23 and a low of $30.69.

As of this writing, IP has an earnings estimate of $0.46 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.4. The company reported an EPS of $1.01 in the last quarter, which was -16.50% lower than expectations of $1.21.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IP is Hold with a score of 2.90. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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