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

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

Interpublic Group of Companies announced a quarterly dividend on Tuesday, November 19th. Investors of record on Monday, December 2nd will be given a dividend of $0.235 per share on Monday, December 16th. This represents a $0.94 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date is Friday, November 29th. View Interpublic Group of Companies' Dividend History.

Interpublic Group of Companies declared that its board has approved a share repurchase program on Thursday, February 15th 2018, which permits the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

Interpublic Group of Companies Inc (NYSE:IPG) announced its quarterly earnings results on Tuesday, October, 22nd. The business services provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The business services provider earned $2.06 billion during the quarter, compared to analysts' expectations of $2.06 billion. Interpublic Group of Companies had a net margin of 6.42% and a return on equity of 31.19%. The company's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 EPS. View Interpublic Group of Companies' Earnings History.

Interpublic Group of Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Interpublic Group of Companies.

Interpublic Group of Companies will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 analysts have issued 12-month target prices for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $27.00. On average, they anticipate Interpublic Group of Companies' stock price to reach $25.00 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Interpublic Group of Companies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Interpublic Group of Companies.

News articles about IPG stock have been trending negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Interpublic Group of Companies earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Interpublic Group of Companies.

Interpublic Group of Companies saw a increase in short interest in December. As of December 31st, there was short interest totalling 27,760,000 shares, an increase of 14.5% from the December 15th total of 24,250,000 shares. Based on an average trading volume of 2,980,000 shares, the days-to-cover ratio is presently 9.3 days. Currently, 7.2% of the shares of the stock are short sold. View Interpublic Group of Companies' Current Options Chain.

Some companies that are related to Interpublic Group of Companies include Alphabet (GOOG), Omnicom Group (OMC), Lamar Advertising (LAMR), CLEAR CHANNEL O/SH (CCO), National CineMedia (NCMI), MDC Partners (MDCA) and Harte Hanks (HHS).

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), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW) and Allergan (AGN).

Interpublic Group of Companies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (0.78%), State of Michigan Retirement System (0.43%), Boston Trust Walden Corp (0.16%), New York State Teachers Retirement System (0.15%), Assenagon Asset Management S.A. (0.11%) and Strs Ohio (0.05%). Company insiders that own Interpublic Group of Companies stock include Andrew Bonzani, Christopher F Carroll, David M Thomas, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Linda S Sanford, Mary Guilfoile, Michael Isor Roth and Philippe Krakowsky. View Institutional Ownership Trends for Interpublic Group of Companies.

IPG stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Convergence Investment Partners LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zurcher Kantonalbank Zurich Cantonalbank , NEXT Financial Group Inc, State of Alaska Department of Revenue, LifePlan Financial Group Inc and Optimum Investment Advisors. Company insiders that have sold Interpublic Group of Companies company stock in the last year include Andrew Bonzani, Christopher F Carroll, 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.

IPG stock was acquired by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Assenagon Asset Management S.A., Hamlin Capital Management LLC, Tocqueville Asset Management L.P., Boston Trust Walden Corp, CX Institutional, Groesbeck Investment Management Corp NJ and Wealthfront Advisers LLC. Company insiders that have bought Interpublic Group of Companies stock in the last two years include David M Thomas and Linda S Sanford. View Insider Buying and Selling for Interpublic Group of Companies.

Shares of IPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of IPG stock can currently be purchased for approximately $23.41.

Interpublic Group of Companies has a market capitalization of $9.08 billion and generates $9.71 billion in revenue each year. The business services provider earns $618.90 million in net income (profit) each year or $1.86 on an earnings per share basis. Interpublic Group of Companies employs 54,000 workers across the globe.View Additional Information About Interpublic Group of Companies.

The official website for Interpublic Group of Companies is http://www.interpublic.com/.

Interpublic Group of Companies' mailing address is 909 THIRD AVENUE, NEW YORK NY, 10022. The business services provider can be reached via phone at 212-704-1200 or via email at [email protected]