About Interpublic Group of Companies (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
Industry Advertising & Marketing
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio17.2312925170068
Forward P/E Ratio15.17
Sales & Book Value
Annual Sales$7.88 billion
Price / Sales1.25
Cash Flow$2.04 per share
Price / Cash12.44
Book Value$5.18 per share
Price / Book4.89
Net Income$579 million
Return on Equity27.80%
Return on Assets4.79%
Interpublic Group of Companies (NYSE:IPG) Frequently Asked Questions
What is Interpublic Group of Companies' stock symbol?
Interpublic Group of Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPG."
How often does Interpublic Group of Companies pay dividends? What is the dividend yield for Interpublic Group of Companies?
Interpublic Group of Companies declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.21 per share on Thursday, March 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from Interpublic Group of Companies's previous quarterly dividend of $0.18. View Interpublic Group of Companies' Dividend History.
How will Interpublic Group of Companies' stock buyback program work?
Interpublic Group of Companies declared that its board has approved a stock repurchase program on Thursday, February 15th 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.
How were Interpublic Group of Companies' earnings last quarter?
Interpublic Group of Companies Inc (NYSE:IPG) announced its quarterly earnings results on Wednesday, February, 14th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.02. The business services provider earned $2.34 billion during the quarter, compared to analysts' expectations of $2.30 billion. Interpublic Group of Companies had a return on equity of 27.80% and a net margin of 7.35%. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. View Interpublic Group of Companies' Earnings History.
When will Interpublic Group of Companies make its next earnings announcement?
Where is Interpublic Group of Companies' stock going? Where will Interpublic Group of Companies' stock price be in 2018?
15 analysts have issued twelve-month target prices for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $29.00. On average, they expect Interpublic Group of Companies' stock price to reach $26.15 in the next twelve months. View Analyst Ratings for Interpublic Group of Companies.
What are Wall Street analysts saying about Interpublic Group of Companies stock?
Here are some recent quotes from research analysts about Interpublic Group of Companies stock:
- 1. Wells Fargo & Co analysts commented, "We believe IPG’s assets are broadly competitive and that investors place too much emphasis on the scale argument across the agency landscape. However, we acknowledge an array of headwinds currently facing the agency holding companies and, amid this backdrop, we view current valuation as full. DISCLOSURE APPENDIX Required Disclosures Additional Information Available Upon Request I certify that: 1) All views expressed in this research report accurately reflect my personal views about any and all of the subject securities or issuers discussed; and 2) No part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by me in this research report. Wells Fargo Securities, LLC and/or its affiliates, have beneficial ownership of 0.5% or more of any class of the common stock of The Interpublic Group of Companies, Inc." (2/14/2018)
- 2. According to Zacks Investment Research, "Interpublic’s digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. The company continues to look for strategic investments/acquisitions to expand in high-growth regions and key world markets. The company plans to focus on de-leveraging and improving its balance sheet and reducing effective cost of debt. Interpublic expects to strengthen its position with respect to new business activities as well as opportunities from existing and new clients. 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 in the last three months. However, Interpublic is likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members post the Brexit referendum, lowering its productivity." (2/13/2018)
- 3. Pivotal Research analysts commented, "We note that Omnicom has stated in filings that they “do not expect the change in the principal versus agent determination, if any, to have a material effect on (their) results of operations” because of the change in revenue recognition, as we believe Omnicom already records relevant activity on a gross basis. By contrast, IPG has stated that “the standard will also result in an increase in third party costs being included in revenue, primarily in connection with our events businesses, which will have no impact on operating income or net income.” WPP already provides disclosures related to gross vs. net revenues, but has previously indicated that it “does not expect any change to have a material effect on our results of operations.” Post these news items, valuations are unchanged. IPG is valued at $26, Omnicom at $76, Publicis at €65 and WPP at 1580p. IPG, Publicis and WPP are Buy-rated while Omnicom is Hold-rated." (1/23/2018)
Who are some of Interpublic Group of Companies' key competitors?
Some companies that are related to Interpublic Group of Companies include Omnicom Group (OMC), Criteo (CRTO), MDC Partners (MDCA), XO Group (XOXO), XLMedia (XLM), Next Fifteen Communications Group (NFC), M&C Saatchi (SAA), Taptica International (TAP), Huntsworth (HNT), Marchex (MCHX), Rocket Fuel (FUEL), Cello Group (CLL), Sizmek (SZMK), Autoweb (AUTO), NAHL Group (NAH), Matomy Media Group (MTMY), Social Reality (SRAX) and Porta Communications (PTCM).
Who are Interpublic Group of Companies' key executives?
Interpublic Group of Companies' management team includes the folowing people:
- Michael Isor Roth, Chairman of the Board, Chief Executive Officer (Age 71)
- Frank Mergenthaler, Chief Financial Officer, Executive Vice President (Age 56)
- Philippe Krakowsky, Executive Vice President, Chief Strategy and Talent Officer (Age 54)
- Ellen Johnson, Senior Vice President - Finance, Treasurer (Age 51)
- Christopher F. Carroll, Senior Vice President, Chief Accounting Officer, Controller (Age 50)
- Julie M. Connors, Senior Vice President - Audit, Chief Risk Officer (Age 45)
- Andrew Bonzani, Senior Vice President, General Counsel, Secretary (Age 53)
- David M. Thomas, Presiding Independent Director (Age 67)
- Jocelyn E. Carter-Miller, Independent Director (Age 59)
- H. John Greeniaus, Independent Director (Age 72)
Who owns Interpublic Group of Companies stock?
Interpublic Group of Companies' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.27%), Pzena Investment Management LLC (4.59%), Wells Fargo & Company MN (2.48%), Ariel Investments LLC (2.05%), Victory Capital Management Inc. (1.84%) and Bank of New York Mellon Corp (1.51%). Company insiders that own Interpublic Group of Companies 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.
Who sold Interpublic Group of Companies stock? Who is selling Interpublic Group of Companies stock?
Interpublic Group of Companies' stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Boston Partners, Teacher Retirement System of Texas, TIAA CREF Investment Management LLC, Acadian Asset Management LLC, Cornerstone Capital Management Holdings LLC., Eaton Vance Management and Gamco Investors INC. ET AL. Company insiders that have sold Interpublic Group of Companies company 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.
Who bought Interpublic Group of Companies stock? Who is buying Interpublic Group of Companies stock?
Interpublic Group of Companies' stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BlackRock Inc., Wells Fargo & Company MN, Amundi Pioneer Asset Management Inc., Virtus Fund Advisers LLC, Fairpointe Capital LLC, Two Sigma Advisers LP and Millennium Management LLC. View Insider Buying and Selling for Interpublic Group of Companies.
How do I buy Interpublic Group of Companies stock?
Shares of Interpublic Group of Companies 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, Scottrade, Fidelity and Charles Schwab.
What is Interpublic Group of Companies' stock price today?
One share of Interpublic Group of Companies stock can currently be purchased for approximately $25.33.
How big of a company is Interpublic Group of Companies?
Interpublic Group of Companies has a market capitalization of $9.84 billion and generates $7.88 billion in revenue each year. The business services provider earns $579 million in net income (profit) each year or $1.47 on an earnings per share basis. Interpublic Group of Companies employs 49,800 workers across the globe.
How can I contact Interpublic Group of Companies?
Interpublic Group of Companies' mailing address is 909 3rd Ave, NEW YORK, NY 10022-4731, United States. The business services provider can be reached via phone at +1-212-7041200.
MarketBeat Community Rating for Interpublic Group of Companies (IPG)MarketBeat's community ratings are surveys of what our community members think about Interpublic Group of Companies 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.
Interpublic Group of Companies (NYSE:IPG) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Buy||Buy|
|Consensus Rating Score: ||2.33||2.40||2.50||2.50|
|Ratings Breakdown: ||2 Sell Rating(s)|
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
4 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
4 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$26.15||$25.69||$25.92||$25.92|
|Price Target Upside: ||4.36% upside||19.06% upside||34.21% upside||25.41% upside|
Interpublic Group of Companies (NYSE:IPG) Consensus Price Target History
Interpublic Group of Companies (NYSE:IPG) Analyst Ratings History
(Data available from 2/19/2016 forward)
Interpublic Group of Companies (NYSE:IPG) Earnings History and Estimates Chart
Interpublic Group of Companies (NYSE IPG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/14/2018||Q4 2017||$0.77||$0.79||$2.30 billion||$2.34 billion||View||Listen|
|10/24/2017||Q3 2017||$0.33||$0.31||$1.96 billion||$1.90 billion||View||N/A|
|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|
Interpublic Group of Companies (NYSE:IPG) Earnings Estimates
2018 EPS Consensus Estimate: $1.72
2019 EPS Consensus Estimate: $1.89
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Interpublic Group of Companies (NYSE:IPG) Dividend Information
|Dividend Growth:||36.20% (3 Year Average)|
|Payout Ratio:||48.98% (Trailing 12 Months of Earnings) |
43.11% (Based on This Year's Estimates)
39.56% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Interpublic Group of Companies (NYSE:IPG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Interpublic Group of Companies (NYSE IPG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.49%
Institutional Ownership Percentage: 99.88%
Interpublic Group of Companies (NYSE IPG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/10/2017||H John Greeniaus||Director||Sell||43,479||$19.00||$826,101.00|| |
|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||10,592|| |
|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||39,285|| |
|4/29/2016||Ellen Tobi Johnson||SVP||Sell||12,000||$22.84||$274,080.00||52,257|| |
|4/28/2016||Julie Connors||SVP||Sell||10,700||$23.21||$248,347.00||19,788|| |
|4/28/2016||Michael Isor Roth||CEO||Sell||500,000||$23.25||$11,625,000.00||865,986|| |
|3/1/2016||Andrew Bonzani||SVP||Sell||20,675||$21.59||$446,373.25||56,793|| |
|3/1/2016||Frank Mergenthaler||CFO||Sell||176,946||$21.58||$3,818,494.68||340,536|| |
|3/1/2016||Michael Isor Roth||CEO||Sell||134,457||$21.58||$2,901,582.06||615,986|| |
|3/1/2016||Philippe Krakowsky||EVP||Sell||94,686||$21.57||$2,042,377.02||199,958|| |
|2/29/2016||Jocelyn Carter-Miller||Director||Sell||13,954||$21.54||$300,569.16||32,832|| |
|11/12/2015||Ellen Tobi Johnson||SVP||Sell||40,439||$23.00||$930,097.00||36,328|| |
|10/30/2015||Christopher F Carroll||CAO||Sell||20,000||$22.78||$455,600.00||36,285|| |
|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||884,977|| |
|3/3/2014||Frank Mergenthaler||CFO||Sell||45,679||$17.21||$786,135.59||315,085|| |
|3/3/2014||Philippe Krakowsky||EVP||Sell||50,341||$17.40||$875,933.40||115,498|| |
|8/26/2013||Michael Isor Roth||CEO||Sell||194,965||$15.98||$3,115,540.70||759,371|| |
|8/1/2013||Christopher Carroll||CAO||Sell||10,025||$16.57||$166,114.25||23,872|| |
|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|| |
Interpublic Group of Companies (NYSE IPG) News Headlines
Interpublic Group of Companies (NYSE:IPG) SEC Filings
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Interpublic Group of Companies (NYSE:IPG) Income Statement, Balance Sheet and Cash Flow Statement
Interpublic Group of Companies (NYSE IPG) Stock Chart for Monday, February, 19, 2018