Somewhat Positive Media Coverage Somewhat Unlikely to Impact International Paper (IP) Share Price

News stories about International Paper (NYSE:IP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. International Paper earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 46.6778573811849 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

International Paper (NYSE:IP) traded up $0.13 during trading hours on Wednesday, reaching $61.62. The company’s stock had a trading volume of 1,341,931 shares, compared to its average volume of 2,160,000. International Paper has a twelve month low of $49.60 and a twelve month high of $62.44. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $25,440.00, a price-to-earnings ratio of 28.40, a PEG ratio of 1.45 and a beta of 1.47.

International Paper (NYSE:IP) last released its quarterly earnings results on Wednesday, October 25th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.04. International Paper had a return on equity of 27.56% and a net margin of 4.00%. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.85 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. International Paper’s revenue for the quarter was up 12.3% on a year-over-year basis. equities analysts anticipate that International Paper will post 3.51 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 21st will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend is Tuesday, February 20th. International Paper’s dividend payout ratio is presently 87.56%.

IP has been the subject of a number of research reports. Credit Suisse Group upped their price objective on International Paper from $63.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. ValuEngine cut International Paper from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Royal Bank of Canada reiterated a “buy” rating and set a $65.00 price objective on shares of International Paper in a research report on Monday, October 23rd. Deutsche Bank reiterated a “hold” rating and set a $56.00 price objective (up previously from $54.00) on shares of International Paper in a research report on Monday, October 9th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $70.00 price objective (up previously from $65.00) on shares of International Paper in a research report on Monday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $62.75.

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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.

Insider Buying and Selling by Quarter for International Paper (NYSE:IP)

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