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NYSE:IPG

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

$31.19
-0.51 (-1.61%)
(As of 05/28/2024 ET)
Today's Range
$31.12
$31.93
50-Day Range
$30.27
$33.09
52-Week Range
$27.20
$40.95
Volume
2.67 million shs
Average Volume
3.82 million shs
Market Capitalization
$11.77 billion
P/E Ratio
11.10
Dividend Yield
4.23%
Price Target
$35.13

Interpublic Group of Companies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
12.6% Upside
$35.13 Price Target
Short Interest
Bearish
4.63% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.80mentions of Interpublic Group of Companies in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.50%
From $2.80 to $3.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.48 out of 5 stars

Business Services Sector

14th out of 312 stocks

Advertising Agencies Industry

1st out of 7 stocks

IPG stock logo

About Interpublic Group of Companies Stock (NYSE:IPG)

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 under FCB, IPG Health, McCann Worldgroup, and MullenLowe Group brands. Specialized Communications & Experiential Solutions segment provides public relations and other specialized communications services, live events, sports and entertainment marketing, and strategic consulting under IPG DXTRA Health, The Weber Shandwick Collective, Golin, Jack Morton, Momentum, and Octagon brand names. 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 Stock Price History

IPG Stock News Headlines

Interpublic Declares Common Stock Dividend
Interpublic Group of Cos.
What Analysts Are Saying About Interpublic Gr of Cos Stock
Interpublic Announces First Quarter 2024 Results
7 Dividend Growth Stocks to Buy Now: Q2 Edition
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
4/24/2024
Today
5/29/2024
Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Next Earnings (Estimated)
7/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Advertising agencies
Sub-Industry
Advertising
CUSIP
46069010
Employees
57,400
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$35.13
High Stock Price Target
$40.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+12.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
12.91%

Debt

Sales & Book Value

Annual Sales
$10.89 billion
Cash Flow
$3.77 per share
Book Value
$10.45 per share

Miscellaneous

Free Float
375,839,000
Market Cap
$11.77 billion
Optionable
Optionable
Beta
1.13

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Key Executives


IPG Stock Analysis - 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 target for 2024?

7 analysts have issued twelve-month price targets for Interpublic Group of Companies' shares. Their IPG share price targets range from $30.00 to $40.00. On average, they anticipate the company's share price to reach $35.13 in the next twelve months. This suggests a possible upside of 12.6% 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 2024?

Interpublic Group of Companies' stock was trading at $32.64 at the beginning of 2024. Since then, IPG shares have decreased by 4.4% and is now trading at $31.19.
View the best growth stocks for 2024 here
.

Are investors shorting Interpublic Group of Companies?

Interpublic Group of Companies saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 17,420,000 shares, an increase of 7.3% from the April 30th total of 16,230,000 shares. Based on an average trading volume of 3,880,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 4.6% of the company's stock 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, July 19th 2024.
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 results on Wednesday, April, 24th. The business services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. The business services provider earned $2.50 billion during the quarter, compared to analysts' expectations of $2.18 billion. Interpublic Group of Companies had a trailing twelve-month return on equity of 29.70% and a net margin of 9.97%. The firm's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.38 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 Thursday, May 23rd. Shareholders of record on Tuesday, June 4th will be paid a dividend of $0.33 per share on Tuesday, June 18th. This represents a $1.32 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Tuesday, June 4th.
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 $1.32 per share and currently has a dividend yield of 4.16%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 43.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPG.

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 Xtrackers California Municipal Bond ETF (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).

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 Vanguard Group Inc. (12.05%), Bank of New York Mellon Corp (3.74%), Ariel Investments LLC (1.46%), Canada Pension Plan Investment Board (1.20%), Principal Financial Group Inc. (0.55%) and Silvercrest Asset Management Group LLC (0.51%). Insiders that own company stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Jocelyn Carter-Miller, Mary Guilfoile, Michael Isor Roth and Philippe Krakowsky.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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..
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This page (NYSE:IPG) was last updated on 5/29/2024 by MarketBeat.com Staff

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