Interpublic Group of Companies - IPG Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IPG shares.
View IPG analyst ratings or view top-rated stocks.

12 brokers have issued 12 month target prices for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $33.00 to $41.00. On average, they predict the company's stock price to reach $37.13 in the next year. This suggests that the stock has a possible downside of 2.7%.
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 at the beginning of 2023. Since then, IPG shares have increased by 14.6% and is now trading at $38.17.
View the best growth stocks for 2023 here.

Interpublic Group of Companies saw a increase in short interest in January. As of January 15th, there was short interest totaling 11,200,000 shares, an increase of 5.9% from the December 31st total of 10,580,000 shares. Based on an average daily trading volume, of 3,050,000 shares, the short-interest ratio is currently 3.7 days. Currently, 2.9% of the shares of the stock are short sold.
View Interpublic Group of Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our IPG earnings forecast.

Interpublic Group of Companies will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3026 with passcode "6802".

The Interpublic Group of Companies, Inc. (NYSE:IPG) posted its quarterly earnings data on Wednesday, October, 20th. The business services provider reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.14. The business services provider had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.17 billion. Interpublic Group of Companies had a net margin of 9.18% and a trailing twelve-month return on equity of 28.78%. The firm's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.53 EPS.
Read the conference call transcript.

Interpublic Group of Companies announced a quarterly dividend on Monday, October 31st. Shareholders of record on Thursday, December 1st will be given a dividend of $0.29 per share on Thursday, December 15th. This represents a $1.16 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Wednesday, November 30th.
Read our dividend analysis for IPG.

Interpublic Group of Companies (NYSE:IPG) pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.95%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 42.34% 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 declared that its Board of Directors has initiated a share buyback program on Thursday, February 10th 2022, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are 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."

Interpublic Group of Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (0.69%), Boston Partners (0.53%), Miller Howard Investments Inc. NY (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.43%), Swiss National Bank (0.41%) and RWC Asset Management LLP (0.35%). 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.

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 $38.17.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $14.83 billion and generates $10.24 billion in revenue each year. The business services provider earns $952.80 million in net income (profit) each year or $2.52 on an earnings per share basis.

The company employs 55,600 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.