What is Seaport Res Ptn’s Estimate for IP FY2025 Earnings?

International Paper (NYSE:IP) – Research analysts at Seaport Res Ptn increased their FY2025 earnings per share estimates for shares of International Paper in a report issued on Monday, October 21st. Seaport Res Ptn analyst M. Weintraub now forecasts that the basic materials company will earn $2.80 per share for the year, up from their prior forecast of $2.60. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for International Paper’s current full-year earnings is $1.53 per share.

International Paper (NYSE:IP) last announced its quarterly earnings results on Wednesday, July 24th. The basic materials company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.14. International Paper had a net margin of 2.34% and a return on equity of 7.28%. The company had revenue of $4.73 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period last year, the firm posted $0.59 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on IP. Royal Bank of Canada increased their price target on International Paper from $52.00 to $56.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. Stifel Nicolaus assumed coverage on International Paper in a research note on Tuesday, July 9th. They set a “hold” rating and a $48.70 target price for the company. Truist Financial lifted their price target on shares of International Paper from $55.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Wells Fargo & Company increased their price objective on shares of International Paper from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 25th. Finally, Argus raised shares of International Paper from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Wednesday, August 14th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, International Paper has a consensus rating of “Moderate Buy” and an average target price of $50.46.

International Paper Stock Performance

Shares of International Paper stock opened at $48.57 on Thursday. The stock’s fifty day simple moving average is $48.13 and its 200 day simple moving average is $44.38. The company has a current ratio of 1.59, a quick ratio of 1.17 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $16.87 billion, a PE ratio of 39.81 and a beta of 1.04. International Paper has a 12 month low of $31.76 and a 12 month high of $50.68.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Massmutual Trust Co. FSB ADV grew its holdings in International Paper by 20.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,396 shares of the basic materials company’s stock worth $68,000 after purchasing an additional 239 shares during the period. Retirement Systems of Alabama boosted its stake in shares of International Paper by 0.3% during the 2nd quarter. Retirement Systems of Alabama now owns 76,616 shares of the basic materials company’s stock worth $3,306,000 after acquiring an additional 246 shares during the period. Altrius Capital Management Inc increased its holdings in shares of International Paper by 0.3% during the 2nd quarter. Altrius Capital Management Inc now owns 112,487 shares of the basic materials company’s stock worth $4,854,000 after acquiring an additional 296 shares during the last quarter. 180 Wealth Advisors LLC raised its stake in International Paper by 4.2% in the 1st quarter. 180 Wealth Advisors LLC now owns 7,845 shares of the basic materials company’s stock valued at $306,000 after acquiring an additional 318 shares during the period. Finally, Ranch Capital Advisors Inc. lifted its holdings in International Paper by 1.0% during the 2nd quarter. Ranch Capital Advisors Inc. now owns 35,405 shares of the basic materials company’s stock valued at $1,528,000 after purchasing an additional 345 shares during the last quarter. 81.95% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Clay R. Ellis sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $48.83, for a total value of $439,470.00. Following the completion of the transaction, the senior vice president now owns 49,832 shares in the company, valued at $2,433,296.56. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other International Paper news, Director Kathryn D. Sullivan sold 600 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $46.10, for a total transaction of $27,660.00. Following the sale, the director now directly owns 41,002 shares of the company’s stock, valued at approximately $1,890,192.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Clay R. Ellis sold 9,000 shares of the stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $48.83, for a total transaction of $439,470.00. Following the completion of the sale, the senior vice president now owns 49,832 shares of the company’s stock, valued at approximately $2,433,296.56. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,440 shares of company stock valued at $934,142 in the last three months. 0.55% of the stock is currently owned by corporate insiders.

International Paper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 15th will be given a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Friday, November 15th. International Paper’s dividend payout ratio (DPR) is currently 151.64%.

International Paper Company Profile

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.