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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
NYSE:IPG

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

$29.82
-0.47 (-1.55%)
(As of 09/20/2023 ET)
Compare
Today's Range
$29.72
$30.46
50-Day Range
$29.82
$40.88
52-Week Range
$25.14
$40.95
Volume
4.47 million shs
Average Volume
4.25 million shs
Market Capitalization
$11.48 billion
P/E Ratio
12.37
Dividend Yield
4.16%
Price Target
$38.50

Interpublic Group of Companies MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
29.1% Upside
$38.50 Price Target
Short Interest
Healthy
3.33% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.99mentions of Interpublic Group of Companies in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.33%
From $3.05 to $3.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Business Services Sector

31st out of 311 stocks

Advertising Agencies Industry

1st out of 7 stocks


IPG stock logo

About Interpublic Group of Companies (NYSE:IPG) Stock

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names. The Integrated Advertising & Creativity Led Solutions segment offers advertising, corporate, and brand identity services; and strategic consulting. Specialized Communications & Experiential Solutions segment provides public relations and other specialized communications services, events, sports and entertainment marketing, and strategic consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in `January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.

IPG Price History

IPG Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Jorge Benitez Joins Interpublic Board of Directors
Company News for Jul 24, 2023
Interpublic Group Q2 Profit Increases
Interpublic Group (IPG) Beats Q2 Earnings Estimates
See More Headlines
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IPG Company Calendar

Last Earnings
7/21/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/20/2023
Next Earnings (Estimated)
10/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Advertising agencies
Sub-Industry
Advertising
CUSIP
46069010
Employees
58,400
Year Founded
1930

Price Target and Rating

Average Stock Price Forecast
$38.50
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$33.00
Forecasted Upside/Downside
+30.8%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$938 million
Pretax Margin
11.00%

Debt

Sales & Book Value

Annual Sales
$10.93 billion
Cash Flow
$3.56 per share
Book Value
$9.54 per share

Miscellaneous

Free Float
383,665,000
Market Cap
$11.48 billion
Optionable
Optionable
Beta
1.11

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Key Executives

  • Mr. Philippe Krakowsky (Age 60)
    CEO & Director
    Comp: $7.48M
  • Ms. Ellen Tobi JohnsonMs. Ellen Tobi Johnson (Age 58)
    Exec. VP & CFO
    Comp: $3.91M
  • Mr. Christopher F. Carroll CPAMr. Christopher F. Carroll CPA (Age 57)
    CPA, Sr. VP, Controller & Chief Accounting Officer
    Comp: $2.03M
  • Mr. Andrew BonzaniMr. Andrew Bonzani (Age 59)
    Exec. VP & Gen. Counsel
    Comp: $3.77M
  • Ms. Virginia Devlin
    Founder & Pres of Current Lifestyle Marketing
  • Ms. Patricia Hinerman
    Chief Information Officer
  • Mr. Jerome J. Leshne (Age 65)
    Sr. VP of Investor Relations
  • Mr. Tom Cunningham
    Sr. VP of Global Communications
  • Ms. Irene Lisyansky Whyte
    Sr. VP of Financial Planning, Analysis & Corp. Devel.
  • Mr. Barry R. Linsky (Age 81)
    Exec. VP - Emeritus













IPG Stock - Frequently Asked Questions

Should I buy or sell Interpublic Group of Companies stock right now?

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.
View IPG analyst ratings
or view top-rated stocks.

What is Interpublic Group of Companies' stock price forecast for 2023?

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.
View analysts price targets for IPG
or view top-rated stocks among Wall Street analysts.

How have IPG shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

When is Interpublic Group of Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our IPG earnings forecast
.

How were Interpublic Group of Companies' earnings last quarter?

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.
Read the conference call transcript
.

How often does Interpublic Group of Companies pay dividends? What is the dividend yield for Interpublic Group of Companies?

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
.

Is Interpublic Group of Companies a good dividend stock?

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.

How will Interpublic Group of Companies' stock buyback program work?

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.

What is Philippe Krakowsky's approval rating as Interpublic Group of Companies' CEO?

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.

What other stocks do shareholders of Interpublic Group of Companies own?

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).

What is Interpublic Group of Companies' stock symbol?

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

Who are Interpublic Group of Companies' major shareholders?

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.
View institutional ownership trends
.

How do I buy shares of Interpublic Group of Companies?

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.

What is Interpublic Group of Companies' stock price today?

One share of IPG stock can currently be purchased for approximately $29.82.

How much money does Interpublic Group of Companies make?

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.

How many employees does Interpublic Group of Companies have?

The company employs 58,400 workers across the globe.

Does Interpublic Group of Companies have any subsidiaries?
The following companies are subsidiares of Interpublic Group of Companies: Acxiom, Acxiom LLC, Business Science Research Corporation, CMGRP Entertainment Inc., CUBOCC, Campbell-Ewald Company, Carmichael Lynch Inc., Chase Design Holdings LLC, Craft Translation LLC, DeVries Public Relations Ltd., Deutsch, FUSE, Genuine Interactive LLC, Gillespie LLC, HG Group LLC, Hello Elephant LLC, Huge, Huge LLC, IPG Advertising Israel Holdings Ltd, IPG Asia & Oceania LLC, Independent Advertising Inc., Interpublic Group Deutschland GmbH, Interpublic Group of Companies de Espana S.L., Interpublic Limited, Kinesso Corp., Lowe & Partners Worldwide Inc., Lowe Group Holdings Inc., McCann-Erickson Marketing Inc., McCann-Erickson USA Inc., McCann-Erickson Worldwide Inc., McCannFC Inc., Mediabrands Worldwide Inc., Momentum Events LLC, Octagon Inc., Optaros Inc., Orion Trading Canada Inc., Reprise Media, Reprise Media Inc., The Interpublic Group of Companies Canada Inc., True North Communications Inc., and Universal McCann Worldwide Inc..
Read More
How can I contact Interpublic Group of Companies?

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.

This page (NYSE:IPG) was last updated on 9/21/2023 by MarketBeat.com Staff

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