S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
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Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NYSE:IPG

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

$28.66
-0.29 (-1.00%)
(As of 09/29/2023 ET)
Compare
Today's Range
$28.48
$29.17
50-Day Range
$28.40
$34.23
52-Week Range
$25.55
$40.95
Volume
5.44 million shs
Average Volume
3.37 million shs
Market Capitalization
$11.03 billion
P/E Ratio
11.89
Dividend Yield
4.33%
Price Target
$38.50

Interpublic Group of Companies MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
34.3% Upside
$38.50 Price Target
Short Interest
Healthy
2.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
1.26mentions of Interpublic Group of Companies in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.98%
From $3.05 to $3.02 Per Share

Overall MarketRank

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

2.96 out of 5 stars

Business Services Sector

25th out of 316 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

Interpublic Group of Companies (NYSE:IPG) Price Target Cut to $38.00
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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
10/01/2023
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
+34.3%
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
$3.60 per share
Book Value
$9.54 per share

Miscellaneous

Free Float
383,588,000
Market Cap
$11.03 billion
Optionable
Optionable
Beta
1.11

Social Links

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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 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.

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

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.

How have IPG shares performed in 2023?

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
.

Are investors shorting Interpublic Group of Companies?

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
.

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) 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
.

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

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
.

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 4.28%. 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.

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

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.

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."

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 $28.66.

How much money does Interpublic Group of Companies make?

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.

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 10/1/2023 by MarketBeat.com Staff

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