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

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, IP falls under the Consumer Cyclical sector while operating within the Packaging & Containers industry segment. The current market capitalization of International Paper Co. is $16.35B. A total of 2.59 million shares were traded on the day, compared to an average of 5.40M shares.

In the most recent transaction, HOLLY G GOUGHNOUR bought 5,000 shares of IP for 47.22 per share on Sep 06 ’24. In a previous transaction on Sep 06 ’24, Goughnour Holly G. sold 5,000 shares at 47.22 per share. IP shares that Vice President & Controller owns now total 16,788.

Among the insiders who sold shares, SULLIVAN KATHRYN D disposed of 600 shares on Aug 30 ’24 at a per-share price of $47.90. This resulted in the Director holding 40,402 shares of IP after the transaction. In another insider transaction, SULLIVAN KATHRYN D bought 3,600 shares at $33.00 per share on Aug 30 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. International Paper Co. pays an annual dividend of $1.85, resulting in a dividend yield of 3.93%, and it has a price to earnings (P/E) ratio of 36.11. IP’s most recent ex-dividend date was 8/15/2024 when it declared a $0.4625 quarterly dividend that was paid in cash on 9/16/2024. Previously, the company paid the dividend on 6/24/2024 with an ex-dividend date of 5/23/2024. The IP stock dividend was $0.4625 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, IP has a high of $49.24 and a low of $31.76.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $24.75, while its Total Shareholder’s Equity was $9.08B.

Analysts Opinion

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. 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 4.22.

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