Last $730.00 MXN
Change Today 0.00 / 0.00%
Volume 0.0
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international paper co (IP*) Snapshot

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$730.00
Day High
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52 Week High
11/14/14 - $730.00
52 Week Low
04/7/14 - $578.07
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
423.6M
EX-Date
02/11/15
P/E TM
--
Dividend
$1.58
Dividend Yield
2.63%
Current Stock Chart for INTERNATIONAL PAPER CO (IP*)

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international paper co (IP*) Details

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and the Middle East. The company's Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Printing Papers segment produces printing and writing papers, such as uncoated and coated papers for use in copiers, desktop, and laser printers, and digital imaging; pulp that is used in the manufacture of printing, writing, and specialty papers, as well as towel and tissue products, and filtration products; and uncoated bristols. The company's Consumer Packaging segment offers coated paperboard for various packaging and commercial printing end uses, such as food, cosmetics, pharmaceuticals, computer software, tobacco products, greeting cards, paperback book covers, lottery tickets, direct mail, and point-of-purchase advertising under the Everest, Fortress, Starcote, and Carolina brands. This segment also produces cups, lids, food containers, and plates. Its Distribution segment distributes products and services to various customer markets, including commercial printers with printing papers and graphic pre-press, printing presses, and post-press equipment; building services and away-from-home markets with facility supplies; and manufacturers with packaging supplies and equipment, as well as offers warehousing and delivery services. International Paper Company sells its paper, packaging products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is based in Memphis, Tennessee.

58,000 Employees
Last Reported Date: 01/28/15
Founded in 1898

international paper co (IP*) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $628.9K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $720.0K
Senior Vice President of Industrial Packaging
Total Annual Compensation: $710.0K
Senior Vice President of Manufacturing Techno...
Total Annual Compensation: $575.3K
Special Advisor
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

international paper co (IP*) Key Developments

International Paper Company Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for 2015

International Paper Company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported earnings from continuing operations before income taxes of $307 million against $239 million for the same period a year ago. Earnings from continuing operations of $137 million or $0.34 diluted per share against $789 million or $1.78 diluted per share for the same period a year ago. Net earnings of $128 million or $0.32 diluted per share against $430 million or $0.98 diluted per share for the same period a year ago. Net earnings attributable to International Paper Company were $134 million against $436 million for the same period a year ago. Net Sales were $5,943 million against $5,848 million for the same period a year ago. The company reported $739 million of free cash flow. And this came from solid performance across all key businesses as well as strong working capital management in the quarter. The company benefited from stronger North American box demand, but this was muted by weaker global conditions in a number of segments. The company did see some benefits from lower input costs in the quarter and operating results at the Ilim JV were strong, although, the JV did experience a large noncash FX charge of $0.40 in the quarter itself and this reduced fourth quarter EPS to $0.53 per share. For the year, the company reported earnings from continuing operations before income taxes of $872 million against $1,228 million for the same period a year ago. Earnings from continuing operations of $549 million or $1.31 diluted per share against $1,687 million or $3.80 diluted per share for the same period a year ago. Net earnings of $536 million or $1.29 diluted per share against $1,378 million or $3.11 diluted per share for the same period a year ago. Net earnings attributable to International Paper Company were $555 million against $1,395 million for the same period a year ago. Net Sales were $23,617 million against $23,483 million for the same period a year ago. Net cash provided by operating activities of $3,077 million against $3,028 million for the same period a year ago. The company delivered record cash flow from operations of $3.4 billion, along with free cash flow of $2.1 billion. Full year earnings per share finished at $3 per share and included in this figure is $0.63 of Ilim FX negative impact. Absent this impact, EPS was up 20% year-over-year. Beyond strong earnings from the businesses, cash flow performance in 2014 benefited from strong working capital management in the fourth quarter. The company had a significant noncash Ilim FX hit in 2014, of $0.63 per share. But most importantly, the company saw a substantial improvement in the business and the operations, and this is attributable to the continued postproject ramp-up as well as other efficiency improvements and margin expansion that resulted in operational EBITDA more than doubling from the prior year. The company expects the tax rate to increase modestly to 33% on higher U.S. earnings and the absence of tax extenders, which it saw in the fourth quarter of 2014. The company sees the opportunity to grow EBITDA by roughly 5% by executing the plans it currently has in place for key businesses. Along with this expected increase in EBITDA, free cash flow is likely to be impacted by things like higher cash taxes as a result of higher earnings from the U.S. operations, also as a result of changing and lower tax credits and a few nonrepeat deductible events. CapEx target for 2015 is $1.5 billion.

International Paper Declares Quarterly Dividend on Common Stock and Preferred Stock for the Period from January 1, 2015 to March 31, 2015, Payable on March 16, 2015

International Paper declared a quarterly dividend of $0.40 per share for the period from January 1, 2015, to March 31, 2015, inclusive, on its common stock, par value $1.00. This dividend is payable on March 16, 2015, to holders of record at the close of business on February 16, 2015. The company also declared a regular quarterly dividend of $1.00 per share for the period from January 1, 2015, to March 31, 2015, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on March 16, 2015, to holders of record at the close of business on February 16, 2015.

International Paper Company Announces Retirement of John F. Turner from the Board of Directors

International Paper Company announced that effective December 31, 2014, John F. Turner retired from the Board of Directors of the company, pursuant to the Board's mandatory retirement policy. Under this policy, a director is required to retire from the Board effective December 31 of the year in which he or she attains the age of 72.

 

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Price/Cash Flow 11.6x
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