Interpublic Group of Companies (IPG) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPG, but not buy additional shares or sell existing shares.
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7 Wall Street analysts have issued twelve-month price objectives for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $33.00 to $43.00. On average, they expect the company's share price to reach $38.50 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price.
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Interpublic Group of Companies' stock was trading at $33.31 at the beginning of 2023. Since then, IPG stock has decreased by 10.5% and is now trading at $29.82.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our IPG earnings forecast.

The Interpublic Group of Companies, Inc. (NYSE:IPG) issued its quarterly earnings data on Friday, July, 21st. The business services provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.13. The business services provider earned $2.67 billion during the quarter, compared to analyst estimates of $2.39 billion. Interpublic Group of Companies had a trailing twelve-month return on equity of 29.72% and a net margin of 8.70%. The firm's revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 earnings per share.
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Interpublic Group of Companies announced a quarterly dividend on Monday, July 31st. Investors of record on Friday, September 1st will be given a dividend of $0.31 per share on Friday, September 15th. This represents a $1.24 annualized dividend and a yield of 4.16%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for IPG.

ETFs with the largest weight of Interpublic Group of Companies (NYSE:IPG) stock in their portfolio include USCF Dividend Income Fund (UDI), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Invesco Next Gen Media and Gaming ETF (PBS), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and Affinity World Leaders Equity ETF (WLDR).

Interpublic Group of Companies (NYSE:IPG) pays an annual dividend of $1.24 per share and currently has a dividend yield of 4.07%. IPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 40.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPG.

Interpublic Group of Companies declared that its board has approved a share repurchase program on Thursday, February 10th 2022, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

1 employees have rated Interpublic Group of Companies Chief Executive Officer Philippe Krakowsky on Glassdoor.com. Philippe Krakowsky has an approval rating of -100% among the company's employees. This puts Philippe Krakowsky in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Interpublic Group of Companies investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH), NIC (EGOV), Transocean (RIG), Accenture (ACN) and Aegean Marine Petroleum Network (ANW).

Interpublic Group of Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPG."

Interpublic Group of Companies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.05%), State Street Corp (5.62%), Bank of New York Mellon Corp (3.06%), Charles Schwab Investment Management Inc. (2.37%), Geode Capital Management LLC (2.22%) and Black Creek Investment Management Inc. (2.21%). Insiders that own company stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Jocelyn Carter-Miller, Mary Guilfoile and Michael Isor Roth.
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Shares of IPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPG stock can currently be purchased for approximately $29.82.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $11.48 billion and generates $10.93 billion in revenue each year. The business services provider earns $938 million in net income (profit) each year or $2.41 on an earnings per share basis.

The company employs 58,400 workers across the globe.

Interpublic Group of Companies' mailing address is 909 THIRD AVENUE, NEW YORK NY, 10022. The official website for the company is www.interpublic.com. The business services provider can be reached via phone at (212) 704-1200, via email at ir@interpublic.com, or via fax at 212-704-1201.