Media stories about International Paper (NYSE:IP) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. International Paper earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 46.7412404673771 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- International Paper (IP) & Its Competitors Critical Contrast (americanbankingnews.com)
- Analyzing International Paper (IP) and Its Peers (americanbankingnews.com)
- International Paper (IP) & Sappi (SPPJY) Head to Head Contrast (americanbankingnews.com)
- International Paper Co (IP) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Wells Fargo Commercial Mortgage Trust 2017-RC1 — Moody’s Affirms Six Classes of WFCM 2017-RC1 (finance.yahoo.com)
A number of equities research analysts recently issued reports on the company. BMO Capital Markets lowered International Paper from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 7th. Wells Fargo lowered International Paper from an “outperform” rating to a “market perform” rating and set a $60.00 target price for the company. in a research report on Wednesday, March 7th. ValuEngine raised International Paper from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered International Paper from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Finally, DA Davidson lifted their target price on International Paper to $74.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. International Paper has an average rating of “Hold” and a consensus price target of $65.17.
Shares of International Paper (NYSE IP) traded down $0.02 during trading hours on Tuesday, hitting $53.20. The stock had a trading volume of 2,867,999 shares, compared to its average volume of 2,839,434. International Paper has a twelve month low of $49.60 and a twelve month high of $66.94. The stock has a market cap of $22,534.16, a P/E ratio of 10.35, a PEG ratio of 1.22 and a beta of 1.47. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.62 and a quick ratio of 1.17.
International Paper (NYSE:IP) last announced its quarterly earnings results on Thursday, February 1st. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.08. International Paper had a return on equity of 29.05% and a net margin of 9.36%. The business had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $6.01 billion. During the same period last year, the business posted $0.67 EPS. The business’s revenue was up 14.2% compared to the same quarter last year. sell-side analysts forecast that International Paper will post 4.72 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 21st were issued a $0.475 dividend. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.57%. International Paper’s dividend payout ratio is presently 36.97%.
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International Paper Company Profile
International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company’s segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.
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