About Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). Its agencies offer customized marketing programs for clients that range in scale from global marketers to regional and local clients. IAN consists of McCann Worldgroup, FCB, MullenLowe Group, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. CMG consists of its specialist marketing services offerings. It has three global networks: McCann Worldgroup, Foote, Cone & Belding and MullenLowe Group, which provide integrated, advertising and marketing solutions for clients. Its global media services companies include UM and Initiative, which operate under the IPG Mediabrands umbrella.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Advertising & Marketing
- Sub-Industry: Advertising
- Symbol: NYSE:IPG
- CUSIP: 46069010
- Web: www.interpublic.com
- Market Cap: $8.21 billion
- Outstanding Shares: 393,268,000
- 50 Day Moving Avg: $20.70
- 200 Day Moving Avg: $22.85
- 52 Week Range: $19.57 - $25.71
Sales & Book Value:
- Trailing P/E Ratio: 15.03
- Foreward P/E Ratio: 13.05
- P/E Growth: 1.36
- Annual Revenue: $7.83 billion
- Price / Sales: 1.05
- Book Value: $5.04 per share
- Price / Book: 4.14
- Annual Dividend: $0.72
- Dividend Yield: 3.5%
- EBITDA: $1.09 billion
- Net Margins: 7.19%
- Return on Equity: 27.72%
- Return on Assets: 4.67%
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 0.93%
- Quick Ratio: 0.93%
- Average Volume: 6.10 million shs.
- Beta: 1.53
- Short Ratio: 5.52
Frequently Asked Questions for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
What is Interpublic Group of Companies, Inc. (The)'s stock symbol?
Interpublic Group of Companies, Inc. (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPG."
How often does Interpublic Group of Companies, Inc. (The) pay dividends? What is the dividend yield for Interpublic Group of Companies, Inc. (The)?
Interpublic Group of Companies, Inc. (The) declared a quarterly dividend on Friday, August 11th. Investors of record on Friday, September 1st will be paid a dividend of $0.18 per share on Friday, September 15th. This represents a $0.72 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, August 30th. View Interpublic Group of Companies, Inc. (The)'s Dividend History.
How will Interpublic Group of Companies, Inc. (The)'s stock buyback program work?
Interpublic Group of Companies, Inc. (The) announced that its Board of Directors has authorized a share repurchase program on Tuesday, April 11th 2017, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Interpublic Group of Companies, Inc. (The)'s earnings last quarter?
Interpublic Group of Companies, Inc. (The) (NYSE:IPG) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.07. The firm earned $1.88 billion during the quarter, compared to the consensus estimate of $1.95 billion. Interpublic Group of Companies, Inc. (The) had a return on equity of 27.72% and a net margin of 7.19%. The company's revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 EPS. View Interpublic Group of Companies, Inc. (The)'s Earnings History.
When will Interpublic Group of Companies, Inc. (The) make its next earnings announcement?
Where is Interpublic Group of Companies, Inc. (The)'s stock going? Where will Interpublic Group of Companies, Inc. (The)'s stock price be in 2017?
17 brokerages have issued 1-year price targets for Interpublic Group of Companies, Inc. (The)'s stock. Their forecasts range from $23.00 to $29.00. On average, they anticipate Interpublic Group of Companies, Inc. (The)'s stock price to reach $25.85 in the next twelve months. View Analyst Ratings for Interpublic Group of Companies, Inc. (The).
What are analysts saying about Interpublic Group of Companies, Inc. (The) stock?
Here are some recent quotes from research analysts about Interpublic Group of Companies, Inc. (The) stock:
- 1. According to Zacks Investment Research, "Interpublic’s digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. The Group’s best-in-industry talent and tools are expected to offer optimal and affordable solutions, thus rendering an edge over its peers. The company’s efforts in reducing costs, continuous margin improvement, stronger balance sheet and better capital structure should improve its profitability. Interpublic also outperformed the industry year to date. However, constrained marketing budgets from big clients are expected to slow down organic growth and lead to account loss headwinds. Interpublic is likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members post the Brexit referendum. Brexit could further result in higher tariff and non-tariff barriers to trade between the U.K. and the European Union, lowering its productivity." (10/12/2017)
- 2. Jefferies Group LLC analysts commented, "IPG reported solid 4Q results delivering on its '16 targets with organic growth of 5% / 50bps of margin expansion (to 12.0%). For '17 IPG expects organic growth of 3-4% (JEFe: +3.8%) with another 50bps of margin expansion - ahead of our expectations. We maintain our Buy rating & think IPG will continue to deliver above peer top/bottom line growth... Mgmt sounded positive on the call regarding the tone of business/ new business activity. The co. was net new business positive for the yr. IPG is not seeing any slowdown as a result of the U.S. election or BREXIT, while Brazil, and the Middle East continue to create headwinds. Net-net, mgmt expects 3-4% organic growth for the year." (2/13/2017)
- 3. Wedbush analysts commented, "2016 organic growth at the top end of raised guide, and a 2017 guide in line on key metrics, we re-iterate our view post-OMC's 4Q, namely that OMC's problems cast 'no'shadows'on peers'; re-iterating OP on IPG (on Best Ideas List). IPG has outpaced OMC in the U.S. the last 8 Q's. IPG has an above-peer margin expansion outlook, more results transparency, and better tax leverage. Yet, until Friday, IPG's shares had performed only in line with OMC's over the past year. Friday's performance is a day from the future." (2/13/2017)
- 4. S&P Equity Research analysts commented, "Trump 12/8," (1/12/2017)
Are investors shorting Interpublic Group of Companies, Inc. (The)?
Interpublic Group of Companies, Inc. (The) saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 21,921,433 shares, an increase of 35.5% from the August 31st total of 16,176,697 shares. Based on an average daily volume of 5,809,652 shares, the days-to-cover ratio is presently 3.8 days. Approximately 5.6% of the company's stock are sold short.
Who are some of Interpublic Group of Companies, Inc. (The)'s key competitors?
Some companies that are related to Interpublic Group of Companies, Inc. (The) include Criteo S.A. (CRTO), MDC Partners (MDCA), XO Group (XOXO), XLMedia PLC (XLM), Next Fifteen Communications Group plc (NFC), Taptica International Ltd (TAP), Huntsworth plc (HNT), M&C Saatchi Plc (SAA), Millennial Media (MM), Cello Group plc (CLL), Rocket Fuel (FUEL), Marchex (MCHX), Autobytel (AUTO), Matomy Media Group Ltd (MTMY), NAHL Group PLC (NAH), Taptica International Ltd (MARI), Social Reality (SRAX) and Porta Communications PLC (PTCM).
Who are Interpublic Group of Companies, Inc. (The)'s key executives?
Interpublic Group of Companies, Inc. (The)'s management team includes the folowing people:
- Michael Isor Roth, Chairman of the Board, Chief Executive Officer
- Frank Mergenthaler, Chief Financial Officer, Executive Vice President
- Philippe Krakowsky, Executive Vice President, Chief Strategy and Talent Officer
- Ellen Johnson, Senior Vice President - Finance, Treasurer
- Christopher F. Carroll, Senior Vice President, Chief Accounting Officer, Controller
- Julie M. Connors, Senior Vice President - Audit, Chief Risk Officer
- Andrew Bonzani, Senior Vice President, General Counsel, Secretary
- David M. Thomas, Presiding Independent Director
- Jocelyn E. Carter-Miller, Independent Director
- H. John Greeniaus, Independent Director
Who owns Interpublic Group of Companies, Inc. (The) stock?
Interpublic Group of Companies, Inc. (The)'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.29%), APG Asset Management N.V. (0.09%), Assenagon Asset Management S.A. (0.09%), Fisher Asset Management LLC (0.05%), State Treasurer State of Michigan (0.03%) and Shell Asset Management Co. (0.02%). Company insiders that own Interpublic Group of Companies, Inc. (The) stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Michael Isor Roth and Philippe Krakowsky. View Institutional Ownership Trends for Interpublic Group of Companies, Inc. (The).
Who sold Interpublic Group of Companies, Inc. (The) stock? Who is selling Interpublic Group of Companies, Inc. (The) stock?
Interpublic Group of Companies, Inc. (The)'s stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Life Insurance Co., State Treasurer State of Michigan and Robeco Institutional Asset Management B.V.. Company insiders that have sold Interpublic Group of Companies, Inc. (The) stock in the last year include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Michael Isor Roth and Philippe Krakowsky. View Insider Buying and Selling for Interpublic Group of Companies, Inc. (The).
Who bought Interpublic Group of Companies, Inc. (The) stock? Who is buying Interpublic Group of Companies, Inc. (The) stock?
Interpublic Group of Companies, Inc. (The)'s stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Assenagon Asset Management S.A., APG Asset Management N.V., Fisher Asset Management LLC, Shell Asset Management Co., Quantitative Systematic Strategies LLC, Oakbrook Investments LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for Interpublic Group of Companies, Inc. (The).
How do I buy Interpublic Group of Companies, Inc. (The) stock?
Shares of Interpublic Group of Companies, Inc. (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Interpublic Group of Companies, Inc. (The)'s stock price today?
MarketBeat Community Rating for Interpublic Group of Companies, Inc. (The) (NYSE IPG)MarketBeat's community ratings are surveys of what our community members think about Interpublic Group of Companies, Inc. (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Interpublic Group of Companies, Inc. (The) stock can currently be purchased for approximately $20.88.
Consensus Ratings for Interpublic Group of Companies, Inc. (The) (NYSE:IPG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 4 Hold Ratings, 11 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.53)|
|Consensus Price Target: ||$25.85 (23.78% upside)|Consensus Price Target History for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
Analysts' Ratings History for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Morgan Stanley||Reiterated Rating||Hold||N/A|
|10/11/2017||Credit Suisse Group||Set Price Target||Buy||$27.00 -> $26.00||N/A|
|9/29/2017||Royal Bank Of Canada||Reiterated Rating||Neutral -> Hold||Medium|
|9/13/2017||BMO Capital Markets||Reiterated Rating||Buy||$26.00||Low|
|9/6/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||Low|
|8/28/2017||Jefferies Group LLC||Set Price Target||Buy||$26.00||Low|
|8/14/2017||Pivotal Research||Upgrade||Hold -> Buy||$24.00||Medium|
|7/27/2017||Atlantic Securities||Downgrade||Neutral -> Underweight||Low|
|7/26/2017||Argus||Lower Price Target||Buy||$28.00 -> $27.00||Low|
|7/26/2017||Telsey Advisory Group||Lower Price Target||Outperform -> Outperform||$29.00 -> $27.00||High|
|6/6/2017||Macquarie||Downgrade||Outperform -> Neutral||$28.00 -> $24.00||High|
|4/17/2017||Evercore ISI||Initiated Coverage||Outperform||$28.00||Medium|
|4/12/2017||Wells Fargo & Company||Reiterated Rating||Buy||Low|
|3/2/2017||Bank of America Corporation||Initiated Coverage||Buy -> Buy||$28.00||N/A|
|1/12/2017||S&P Equity Research||Reiterated Rating||Reduce||N/A|
|10/27/2016||Albert Fried & Company||Reiterated Rating||Hold||$23.00||N/A|
|2/16/2016||FBR & Co||Reiterated Rating||Outperform||$25.00||N/A|
|12/3/2015||Nomura||Boost Price Target||Buy||$24.50 -> $26.00||N/A|
Earnings History for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)Earnings History by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE IPG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/24/2017|| || || || || || || || |
|7/25/2017||Q2 2017||$0.34||$0.27||$1.95 billion||$1.88 billion||View||N/A|
|4/21/2017||Q1 2017||$0.03||$0.05||$1.76 billion||$1.75 billion||View||N/A|
|2/10/2017||Q416||$0.67||$0.75||$2.27 billion||$2.26 billion||View||Listen|
|10/21/2016||Q316||$0.29||$0.31||$1.91 billion||$1.92 billion||View||Listen|
|7/21/2016||Q2||$0.33||$0.33||$1.93 billion||$1.92 billion||View||Listen|
|4/22/2016||Q116||($0.01)||$0.01||$1.71 billion||$1.74 billion||View||Listen|
|2/12/2016||Q415||$0.62||$0.66||$2.19 billion||$2.20 billion||View||Listen|
|10/21/2015||Q315||$0.25||$0.27||$1.82 billion||$1.87 billion||View||Listen|
|7/22/2015||Q215||$0.27||$0.29||$1.84 billion||$1.88 billion||View||Listen|
|2/13/2015||Q4||$0.57||$0.57||$2.18 billion||$2.21 billion||View||Listen|
|10/22/2014||Q314||$0.21||$0.21||$1.78 billion||$1.84 billion||View||Listen|
|7/18/2014||Q2||$0.25||$0.25||$1.84 billion||$1.85 billion||View||Listen|
|4/22/2014||Q114||($0.08)||($0.05)||$1.60 billion||$1.64 billion||View||Listen|
|2/14/2014||Q4||$0.58||$0.56||$2.12 billion||$2.12 billion||View||Listen|
|10/18/2013||Q313||$0.18||$0.17||$1.71 billion||$1.70 billion||View||Listen|
|7/19/2013||Q2 2013||$0.22||$0.19||$1.75 billion||$1.76 billion||View||Listen|
|4/19/2013||Q1 2013||($0.13)||($0.14)||$1.53 billion||$1.54 billion||View||Listen|
|2/22/2013||Q4 2012||$0.53||$0.56||$2.07 billion||$2.06 billion||View||Listen|
|10/26/2012||Q312||$0.17||$0.15||$1.70 billion||$1.67 billion||View||N/A|
Earnings Estimates for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
2017 EPS Consensus Estimate: $1.45
2018 EPS Consensus Estimate: $1.58
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||26.00% (3 Year Average)|
|Payout Ratio:||51.80% (Trailing 12 Months of Earnings) |
50.35% (Based on This Year's Estimates)
45.00% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE IPG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
Insider Ownership Percentage: 1.49%Insider Trades by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
Institutional Ownership Percentage: 97.78%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/21/2017||Ellen Tobi Johnson||SVP||Sell||20,000||$20.50||$410,000.00|| |
|6/22/2017||Julie Connors||SVP||Sell||5,854||$24.26||$142,018.04|| |
|3/6/2017||Dawn E. Hudson||Director||Sell||12,000||$24.22||$290,640.00|| |
|3/1/2017||Andrew Bonzani||SVP||Sell||38,831||$24.39||$947,088.09|| |
|3/1/2017||Christopher F. Carroll||CAO||Sell||22,000||$24.39||$536,580.00|| |
|3/1/2017||Frank Mergenthaler||CFO||Sell||88,652||$24.30||$2,154,243.60|| |
|3/1/2017||Jocelyn Carter-Miller||Director||Sell||7,867||$24.38||$191,797.46|| |
|3/1/2017||Michael Isor Roth||Chairman||Sell||253,562||$24.40||$6,186,912.80|| |
|3/1/2017||Philippe Krakowsky||EVP||Sell||129,441||$24.34||$3,150,593.94|| |
|2/28/2017||Frank Mergenthaler||CFO||Sell||102,188||$24.26||$2,479,080.88|| |
|2/28/2017||Philippe Krakowsky||EVP||Sell||59,487||$24.26||$1,443,154.62|| |
|2/27/2017||Ellen Tobi Johnson||SVP||Sell||25,000||$24.50||$612,500.00|| |
|2/24/2017||Ellen Tobi Johnson||SVP||Sell||30,411||$24.60||$748,110.60|| |
|2/23/2017||H John Greeniaus||Director||Sell||85,200||$24.48||$2,085,696.00|| |
|2/23/2017||Michael Isor Roth||Chairman||Sell||500,000||$24.51||$12,255,000.00|| |
|9/6/2016||Ellen Tobi Johnson||SVP||Sell||35,765||$22.69||$811,507.85|| |
|5/2/2016||Christopher F Carroll||CAO||Sell||20,000||$23.33||$466,600.00|| |
|4/29/2016||Ellen Tobi Johnson||SVP||Sell||12,000||$22.84||$274,080.00|| |
|4/28/2016||Julie Connors||SVP||Sell||10,700||$23.21||$248,347.00|| |
|4/28/2016||Michael Isor Roth||CEO||Sell||500,000||$23.25||$11,625,000.00|| |
|3/1/2016||Andrew Bonzani||SVP||Sell||20,675||$21.59||$446,373.25|| |
|3/1/2016||Frank Mergenthaler||CFO||Sell||176,946||$21.58||$3,818,494.68|| |
|3/1/2016||Michael Isor Roth||CEO||Sell||134,457||$21.58||$2,901,582.06|| |
|3/1/2016||Philippe Krakowsky||EVP||Sell||94,686||$21.57||$2,042,377.02|| |
|2/29/2016||Jocelyn Carter-Miller||Director||Sell||13,954||$21.54||$300,569.16|| |
|11/12/2015||Ellen Tobi Johnson||SVP||Sell||40,439||$23.00||$930,097.00|| |
|10/30/2015||Christopher F Carroll||CAO||Sell||20,000||$22.78||$455,600.00|| |
|6/11/2015||Henry S Miller||Director||Buy||5,000||$20.12||$100,600.00|| |
|3/18/2015||Jocelyn Carter-Miller||Director||Sell||11,042||$21.53||$237,734.26|| |
|3/3/2015||Christopher F Carroll||CAO||Sell||75,000||$22.43||$1,682,250.00|| |
|3/3/2015||Frank Mergenthaler||CFO||Sell||307,647||$22.43||$6,900,522.21|| |
|3/3/2015||Michael Isor Roth||CEO||Sell||144,983||$22.43||$3,251,968.69|| |
|3/3/2015||Philippe Krakowsky||EVP||Sell||120,273||$22.42||$2,696,520.66|| |
|10/28/2014||Michael Isor Roth||CEO||Sell||450,000||$18.78||$8,451,000.00|| |
|4/29/2014||Michael Isor Roth||CEO||Sell||278,128||$17.07||$4,747,644.96|| |
|3/3/2014||Frank Mergenthaler||CFO||Sell||45,679||$17.21||$786,135.59|| |
|3/3/2014||Philippe Krakowsky||EVP||Sell||50,341||$17.40||$875,933.40|| |
|8/26/2013||Michael Isor Roth||CEO||Sell||194,965||$15.98||$3,115,540.70|| |
|8/1/2013||Christopher Carroll||CAO||Sell||10,025||$16.57||$166,114.25|| |
|6/12/2013||Jill M Considine||Director||Sell||2,000||$14.34||$28,680.00|| |
|5/28/2013||Michael Isor Roth||CEO||Sell||2,000||$14.81||$29,620.00|| |
|5/1/2013||Christopher F Carroll||CAO||Sell||11,000||$13.74||$151,140.00|| |
|5/1/2013||Frank Mergenthaler||CFO||Sell||150,000||$13.72||$2,058,000.00|| |
|5/1/2013||Philippe Krakowsky||EVP||Sell||125,000||$13.73||$1,716,250.00|| |
|11/8/2012||H John Greeniaus||Director||Buy||5,000||$9.95||$49,750.00|| |
Headline Trends for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
Latest Headlines for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)
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Interpublic Group of Companies, Inc. (The) (IPG) Chart for Monday, October, 23, 2017