International Paper (NYSE:IP) is set to release its earnings data before the market opens on Thursday, January 31st. Analysts expect International Paper to post earnings of $1.62 per share for the quarter.

International Paper (NYSE:IP) last posted its quarterly earnings results on Thursday, October 25th. The basic materials company reported $1.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.09. The firm had revenue of $5.90 billion for the quarter, compared to analyst estimates of $5.90 billion. International Paper had a net margin of 13.68% and a return on equity of 29.75%. On average, analysts expect International Paper to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

International Paper stock opened at $45.83 on Thursday. The company has a current ratio of 1.59, a quick ratio of 1.13 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $18.50 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 0.87 and a beta of 1.48. International Paper has a 1 year low of $37.55 and a 1 year high of $66.94.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Thursday, February 21st will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, February 20th. This represents a $2.00 annualized dividend and a yield of 4.36%. International Paper’s dividend payout ratio (DPR) is 57.31%.

International Paper declared that its board has initiated a stock buyback program on Tuesday, October 9th that allows the company to repurchase $430.00 million in outstanding shares. This repurchase authorization allows the basic materials company to reacquire up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Several research firms have issued reports on IP. Zacks Investment Research lowered shares of International Paper from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Deutsche Bank set a $55.00 price target on shares of International Paper and gave the stock a “hold” rating in a research report on Monday, October 29th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $49.00 price target on shares of International Paper in a research report on Tuesday, January 8th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. International Paper presently has an average rating of “Hold” and an average price target of $56.57.

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About International Paper

International Paper Company operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

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Earnings History for International Paper (NYSE:IP)

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