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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IPG shares.
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12 analysts have issued twelve-month price objectives 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 share price to reach $36.50 in the next year. This suggests that the stock has a possible downside of 6.7%.
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Interpublic Group of Companies' stock was trading at $33.31 on January 1st, 2023. Since then, IPG shares have increased by 17.4% and is now trading at $39.11.
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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 trading volume of 3,050,000 shares, the short-interest ratio is presently 3.7 days. Approximately 2.9% of the company's shares are short sold.
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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) issued its quarterly earnings results on Wednesday, October, 20th. The business services provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.49 by $0.14. The business services provider earned $2.26 billion during the quarter, compared to analyst estimates 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 business's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.53 earnings per share.
Read the conference call transcript.

Interpublic Group of Companies announced a quarterly dividend on Monday, October 31st. Stockholders 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 annualized dividend and a yield of 2.97%. The ex-dividend date 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 2.97%. 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 has authorized a stock buyback plan on Thursday, February 10th 2022, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are often an indication 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 a variety of retail and institutional investors. Top institutional shareholders include Hamlin Capital Management LLC (0.69%), Miller Howard Investments Inc. NY (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.43%), RWC Asset Management LLP (0.35%), Fort Washington Investment Advisors Inc. OH (0.33%) and Pzena Investment Management LLC (0.29%). 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.
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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.
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One share of IPG stock can currently be purchased for approximately $39.11.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $15.20 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.