Truist Financial Has Lowered Expectations for International Paper (NYSE:IP) Stock Price

International Paper (NYSE:IP) had its target price cut by research analysts at Truist Financial from $49.00 to $41.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the basic materials company’s stock. Truist Financial’s price target indicates a potential upside of 28.79% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Wells Fargo & Company reduced their price target on shares of International Paper from $46.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, October 7th. Loop Capital set a $61.00 target price on International Paper in a report on Tuesday, July 28th. Wall Street Zen lowered International Paper from a “hold” rating to a “sell” rating in a report on Saturday, October 3rd. Citigroup dropped their target price on shares of International Paper from $48.00 to $47.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Finally, Bank of America upgraded shares of International Paper from a “neutral” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Friday, September 11th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, International Paper currently has an average rating of “Moderate Buy” and an average price target of $46.90.

International Paper Stock Performance

IP traded down $0.28 on Monday, reaching $31.84. The stock had a trading volume of 1,374,991 shares, compared to its average volume of 6,254,268. International Paper has a 12-month low of $29.26 and a 12-month high of $50.25. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.57. The company has a market cap of $16.86 billion, a P/E ratio of -4.89, a price-to-earnings-growth ratio of 4.09 and a beta of 0.93. The business’s 50-day moving average price is $37.12 and its two-hundred day moving average price is $36.12.

International Paper (NYSE:IP) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.08. The firm had revenue of $6 billion during the quarter, compared to analyst estimates of $6.19 billion. International Paper had a negative return on equity of 1.09% and a negative net margin of 14.20%. International Paper’s revenue for the quarter was down 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. Sell-side analysts forecast that International Paper will post 1.31 earnings per share for the current year.

Insider Activity

In other International Paper news, CAO Holly G. Goughnour sold 3,500 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $41.96, for a total value of $146,860.00. Following the transaction, the chief accounting officer directly owned 34,248 shares in the company, valued at $1,437,046.08. The trade was a 9.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP William Hamic sold 24,500 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $41.20, for a total transaction of $1,009,400.00. Following the completion of the sale, the vice president directly owned 106,952 shares of the company’s stock, valued at approximately $4,406,422.40. This trade represents a 18.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in International Paper in the second quarter valued at approximately $1,940,896,000. State Street Corp raised its holdings in International Paper by 7.1% during the second quarter. State Street Corp now owns 32,999,909 shares of the basic materials company’s stock worth $1,257,297,000 after purchasing an additional 2,189,597 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of International Paper during the 2nd quarter worth approximately $689,498,000. Atlas FRM LLC purchased a new stake in shares of International Paper during the 2nd quarter worth approximately $374,904,000. Finally, Hill City Capital LP acquired a new position in shares of International Paper in the 2nd quarter valued at $194,310,000. 81.95% of the stock is currently owned by institutional investors and hedge funds.

About International Paper

International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.

Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.

International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.