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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPG, but not buy additional shares or sell existing shares.
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9 brokers have issued 12-month price targets for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $32.00 to $43.00. On average, they anticipate the company's share price to reach $37.56 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price.
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Interpublic Group of Companies' stock was trading at $37.45 at the start of the year. Since then, IPG stock has decreased by 20.1% and is now trading at $29.92.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
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The Interpublic Group of Companies, Inc. (NYSE:IPG) posted its quarterly earnings results on Thursday, July, 21st. The business services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.58 by $0.05. The business services provider had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.33 billion. Interpublic Group of Companies had a net margin of 9.16% and a trailing twelve-month return on equity of 29.37%. The business's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.70 earnings per share.
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Interpublic Group of Companies declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.29 per share on Thursday, September 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Wednesday, August 31st.
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 3.96%. IPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 46.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 43.45% 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 announced that its board has approved a stock buyback plan on Thursday, February 10th 2022, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership 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 retail and institutional investors. Top institutional investors include Hamlin Capital Management LLC (0.63%), Sumitomo Mitsui Trust Holdings Inc. (0.59%), Victory Capital Management Inc. (0.52%), Miller Howard Investments Inc. NY (0.49%), Robeco Institutional Asset Management B.V. (0.48%) and Fort Washington Investment Advisors Inc. OH (0.36%). Insiders that own company stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Ellen Tobi Johnson, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Linda S Sanford, 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 $29.92.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $11.70 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 $2.48 on an earnings per share basis.

The company employs 55,600 workers across the globe.

Interpublic Group of Companies was founded in 1930.

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.