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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
View IPG analyst ratings or view top-rated stocks.

7 analysts have issued 12 month price targets for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $33.00 to $43.00. On average, they anticipate the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price.
View analysts price targets for IPG or view top-rated stocks among Wall Street analysts.

Interpublic Group of Companies' stock was trading at $33.31 on January 1st, 2023. Since then, IPG stock has decreased by 14.0% and is now trading at $28.66.
View the best growth stocks for 2023 here.

Interpublic Group of Companies saw a decrease in short interest in September. As of September 15th, there was short interest totaling 11,110,000 shares, a decrease of 13.1% from the August 31st total of 12,780,000 shares. Based on an average daily volume of 4,350,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.9% of the company's shares are sold short.
View Interpublic Group of Companies' Short Interest.

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) announced its quarterly earnings data on Friday, July, 21st. The business services provider reported $0.74 earnings per share (EPS) for the quarter, beating 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 net margin of 8.70% and a trailing twelve-month return on equity of 29.72%. The business's quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.63 EPS.
Read the conference call transcript.

Interpublic Group of Companies declared a quarterly dividend on Monday, July 31st. Investors of record on Friday, September 1st will be paid a dividend of $0.31 per share on Friday, September 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend 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 4.28%. 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 41.06% 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 announced that its board has authorized a stock repurchase program on Thursday, February 10th 2022, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board 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."

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.
Compare Top Brokerages Here.

One share of IPG stock can currently be purchased for approximately $28.66.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $11.03 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.