After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed International Paper Declares Quarterly Dividend.
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Stocks Info
IP belongs to the Consumer Cyclical sector of the NYSE while operating in the Packaging & Containers industry. The current market capitalization of International Paper Co. is $12.77B. A total of 2.16 million shares were traded on the day, compared to an average of 3.14M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, IP has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 6,410 and the disposition of 1,028 shares. Over the last 12 months, there were 18 BUYs and 20 SELLs from insiders. Insiders purchased 378,046 shares during that period but sold 208,564.
In the most recent transaction, PLATH THOMAS J. sold 4,500 shares of IP for 34.11 per share on Nov 27. After the transaction, the Senior Vice President now owns 43,253 company shares. In a previous transaction on Jul 28, Goughnour Holly G. sold 2,500 shares at 35.70 per share. IP shares that Vice President & Controller owns now total 8,219.
Among the insiders who sold shares, Magness Allison B. disposed of 3,300 shares on Jun 16 at a per-share price of $31.75. This resulted in the Senior Vice President holding 21,055 shares of IP after the transaction. In another insider transaction, Saab Joseph R. sold 1,705 shares at $35.35 per share on Mar 21. Company shares held by the SVP, GC and Corp. Secretary now total 1,671.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. International Paper Co. pays an annual dividend of $1.85, resulting in a dividend yield of 5.01%, and it has a price to earnings (P/E) ratio of 17.06. IP’s most recent ex-dividend date was 2/21/2024 when it declared a $0.4625 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/14/2023. The IP stock dividend was $0.4625 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for IP in the last 3 months, the mean price target is $39.21 with high estimates of $46.00 and low estimates of $34.00. In terms of 52-week highs and lows, IP has a high of $41.89 and a low of $29.00.
As of this writing, IP has an earnings estimate of $0.34 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.38 per share and a lower estimate of $0.27. The company reported an EPS of $0.59 in the last quarter, which was 55.30% higher than expectations of $0.38.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. IP’s latest balance sheet shows that the firm has $1.54B in Cash & Short Term Investments as of fiscal 2021. There were $5.82B in debt and $4.14B in liabilities at the time. Its Book Value Per Share was $25.67, while its Total Shareholder’s Equity was $9.08B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.44.
