Shares of Basic Materials sector company International Paper moved 2.5% today, and are now trading at a price of $48.18. The Large-Cap stock's daily volume was 2,859,706 compared to its average volume of 4,323,748. The S&P 500 index returned a 1.0% performance.
International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. The company is based in Memphis and has 39,000 full time employees. Its market capitalization is $16,736,720,896. International Paper currently offers its equity investors a dividend that yields 3.9% per year.
9 analysts are following International Paper and have set target prices ranging from $45.0 to $56.0 per share. On average, they have given the company a rating of buy. At today's prices, IP is trading -5.18% away from its average analyst target price of $50.81 per share.
Over the last year, IP's share price has increased by 33.7%, which represents a difference of 0.2% when compared to the S&P 500. The stock's 52 week high is $50.68 per share whereas its 52 week low is $31.77. International Paper's average free cash flow over the last 5 years has been $1.67 Billion, but they have been decreasing at an average rate of -19.6%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,833,000 | 1,141,000 | 692,000 | -44.33 |
| 2022 | 2,174,000 | 931,000 | 1,243,000 | -19.81 |
| 2021 | 2,030,000 | 480,000 | 1,550,000 | -35.42 |
| 2020 | 3,063,000 | 663,000 | 2,400,000 | -2.95 |
| 2019 | 3,610,000 | 1,137,000 | 2,473,000 | 49.52 |
| 2018 | 3,226,000 | 1,572,000 | 1,654,000 |
