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

Interpublic Group of Companies' stock was trading at $18.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IPG stock has decreased by 15.5% and is now trading at $15.21. View which stocks have been mosted impacted by Coronavirus.

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

Interpublic Group of Companies is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Interpublic Group of Companies.

Interpublic Group of Companies Inc (NYSE:IPG) announced its earnings results on Wednesday, February, 12th. The business services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. The business services provider had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.42 billion. Interpublic Group of Companies had a return on equity of 29.83% and a net margin of 6.42%. Interpublic Group of Companies's revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 earnings per share. View Interpublic Group of Companies' earnings history.

Interpublic Group of Companies declared a quarterly dividend on Wednesday, February 12th. Investors of record on Monday, March 2nd will be paid a dividend of $0.255 per share on Monday, March 16th. This represents a $1.02 annualized dividend and a dividend yield of 6.71%. The ex-dividend date is Friday, February 28th. This is a boost from Interpublic Group of Companies's previous quarterly dividend of $0.24. View Interpublic Group of Companies' dividend history.

5 brokerages have issued 1-year price targets for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $27.00. On average, they expect Interpublic Group of Companies' share price to reach $24.75 in the next year. This suggests a possible upside of 62.7% from the stock's current price. View analysts' price targets for Interpublic Group of Companies.

Media headlines about IPG stock have trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 news sentiment score of -4.0 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutInterpublic Group of Companies.

Interpublic Group of Companies saw a drop in short interest in March. As of March 13th, there was short interest totaling 23,552,700 shares, a drop of 15.3% from the February 27th total of 27,800,000 shares. Based on an average daily volume of 3,730,000 shares, the short-interest ratio is currently 6.3 days. Currently, 6.1% 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 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 FMR LLC (9.56%), State Street Corp (4.86%), Pzena Investment Management LLC (4.53%), Black Creek Investment Management Inc. (3.48%), Ariel Investments LLC (2.34%) and Victory Capital Management Inc. (2.03%). 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 AQR Capital Management LLC, Lord Abbett & CO. LLC, Boston Private Wealth LLC, Nuveen Asset Management LLC, Boston Partners, Gabelli Funds LLC, Marshall Wace LLP, and Teacher Retirement System of Texas. Company insiders that have sold Interpublic Group of Companies company stock in the last year include H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, and Michael Isor Roth. View insider buying and selling activity for Interpublic Group of Companies.

IPG stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, State of Michigan Retirement System, Black Creek Investment Management Inc., Bank of America Corp DE, Pzena Investment Management LLC, Captrust Financial Advisors, and Victory Capital Management Inc.. 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 activity 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 $15.21.

Interpublic Group of Companies has a market capitalization of $5.90 billion and generates $10.22 billion in revenue each year. The business services provider earns $656 million in net income (profit) each year or $1.93 on an earnings per share basis. Interpublic Group of Companies employs 54,300 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]