It is Poised to be a Bull Market for International Paper Co. (IP)

With 3.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.51 million shares. The 52-week range on IP shows that it touched its highest point at $41.28 and its lowest point at $29.00 during that stretch. It currently has a 1-year price target of $37.70. With its current market cap of 13.40 billion, IP has annualized dividend of $1.85 while the current yield stands at 4.78%. Beta for the stock currently stands at 0.99.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IP was down-trending over the past week, with a drop of -5.26%, but this was up by 10.41% over a month. Three-month performance surged to 7.05% while six-month performance rose 9.11%. The stock gained 9.82% in the past year, while it has gained 7.05% so far this year. A look at the trailing 12-month EPS for IP yields 0.86 with Next year EPS estimates of 2.80. For the next quarter, that number is 0.22. This implies an EPS growth rate of -1.12% for this year and 30.95% for next year. EPS is expected to grow by 19.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.18%.

Float and Shares Shorts:

At present, 346.04 million IP shares are outstanding with a float of 341.56 million shares on hand for trading. On Mar 15, 2024, short shares totaled 8.98 million, which was 2.59% higher than short shares on Feb 15, 2024. In addition to Mr. Mark Stephan Sutton as the firm’s Chairman & CEO, Mr. Timothy S. Nicholls serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 84.06% of IP’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.