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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last twelve months. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.
View IPG analyst ratings or view top-rated stocks.

12 analysts have issued 12-month price objectives for Interpublic Group of Companies' stock. Their IPG share price forecasts range from $33.00 to $45.00. On average, they predict the company's stock price to reach $39.13 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for IPG or view top-rated stocks among Wall Street analysts.

Interpublic Group of Companies' stock was trading at $33.31 at the beginning of 2023. Since then, IPG shares have increased by 6.0% and is now trading at $35.32.
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Interpublic Group of Companies saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 8,850,000 shares, a drop of 18.2% from the February 28th total of 10,820,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the short-interest ratio is currently 2.7 days. Currently, 2.3% of the company's shares are short sold.
View Interpublic Group of Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our IPG earnings forecast.

The Interpublic Group of Companies, Inc. (NYSE:IPG) posted its quarterly earnings results on Thursday, February, 9th. The business services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $1.01 by $0.01. The business services provider had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.55 billion. Interpublic Group of Companies had a trailing twelve-month return on equity of 30.58% and a net margin of 8.58%. The company's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.82 EPS.
Read the conference call transcript.

Interpublic Group of Companies declared a quarterly dividend on Thursday, February 9th. Investors of record on Wednesday, March 1st will be given a dividend of $0.31 per share on Wednesday, March 15th. This represents a $1.24 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend is Tuesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.29.
Read our dividend analysis for IPG.

ETFs with the largest weight of Interpublic Group of Companies (NYSE:IPG) stock in their portfolio include Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), USCF Dividend Income Fund (UDI), Invesco Dynamic Media ETF (PBS), 2ndVote Life Neutral Plus ETF (LYFE), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), ALPS Sector Dividend Dogs ETF (SDOG) and First Trust NASDAQ Rising Dividend Achievers (RDVY).

Interpublic Group of Companies (NYSE:IPG) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.49%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 40.79% 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 of Directors has initiated a stock buyback plan on Thursday, February 10th 2022, which allows the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are generally an indication 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 a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.39%), Geode Capital Management LLC (2.14%), Ariel Investments LLC (2.11%), Amundi (1.99%), Moneta Group Investment Advisors LLC (1.98%) and First Trust Advisors LP (1.50%). 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.
View institutional ownership trends.

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 $35.32.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $13.60 billion and generates $10.93 billion in revenue each year. The business services provider earns $938 million in net income (profit) each year or $2.38 on an earnings per share basis.

The company employs 58,400 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.