About Interpublic Group of Companies (NYSE:IPG)
The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. The company operates through two segments, Integrated Agency Networks and Constituency Management Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. The company also provides various diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. It offers its services under various brands comprising McCann, MullenLowe, IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and The Martin Agency, as well as Foote, Cone & Belding. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Advertising agencies
Sub-IndustryAdvertising
SectorBusiness Services
SymbolNYSE:IPG
CUSIP46069010
Phone212-704-1200
Debt
Debt-to-Equity Ratio0.58%
Current Ratio0.97%
Quick Ratio0.97%
Price-To-Earnings
Trailing P/E Ratio17.12
Forward P/E Ratio14.20
P/E Growth2.11
Sales & Book Value
Annual Sales$7.88 billion
Price / Sales1.18
Cash Flow$2.0828 per share
Price / Cash11.59
Book Value$5.75 per share
Price / Book4.20
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$579 million
Net Margins7.35%
Return on Equity27.07%
Return on Assets4.69%
Miscellaneous
Employees50,200
Outstanding Shares384,470,000
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 paid 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 3.48%. The ex-dividend date is Wednesday, February 28th. This is a positive change 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 announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 15th 2018, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its shares are undervalued.
How were Interpublic Group of Companies' earnings last quarter?
Interpublic Group of Companies (NYSE:IPG) announced its quarterly earnings data on Wednesday, February, 14th. The business services provider reported $0.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.02. The business services provider earned $2.34 billion during the quarter, compared to analyst estimates of $2.30 billion. Interpublic Group of Companies had a return on equity of 27.07% and a net margin of 7.35%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. View Interpublic Group of Companies' Earnings History.
When is Interpublic Group of Companies' next earnings date?
What price target have analysts set for IPG?
13 analysts have issued twelve-month price targets for Interpublic Group of Companies' stock. Their predictions range from $23.00 to $27.00. On average, they anticipate Interpublic Group of Companies' share price to reach $25.40 in the next year. 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. Pivotal Research analysts commented, "We upgraded our recommendations on IPG, Publicis and WPP in August, October and November, respectively from Hold to Buy as each of these stocks over-reacted on the down-side because of a range of issues impacting the industry became pronounced concerns for investors. However, following relatively positive moves on the sector for IPG and Publicis, we see stocks in the sector as close enough to full valuations to warrant a downgrade at the present time. However, we continue to see relative value within the group, with relatively more upside for WPP and relatively more downside for Omnicom. Each of the four holding companies we cover are now rated Hold." (2/19/2018)
- 2. Wells Fargo 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)
- 3. 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)
Who are some of Interpublic Group of Companies' key competitors?
Some companies that are related to Interpublic Group of Companies include WPP (WPP), Publicis Groupe (PUBGY), Omnicom Group (OMC), JCDecaux (DEC), HAVAS (HAVSF), Groupon (GRPN), Criteo (CRTO), MDC Partners (MDCA), Next Fifteen Communications (NFC), Tarsus Group (TRS), M&C Saatchi (SAA), Huntsworth (HNT), Telaria (TLRA), Social Reality (SRAX) and AirMedia Group (AMCN).
Who are Interpublic Group of Companies' key executives?
Interpublic Group of Companies' management team includes the folowing people:
- Mr. Michael Isor Roth, Chairman & CEO (Age 73)
- Mr. Frank Mergenthaler, Exec. VP & CFO (Age 57)
- Mr. Christopher F. Carroll CPA, Sr. VP, Controller & Chief Accounting Officer (Age 52)
- Mr. Andrew Bonzani, Sr. VP, Gen. Counsel & Sec. (Age 54)
- Mr. Philippe Krakowsky, Exec. VP and Chief Strategy & Talent Officer (Age 55)
Has Interpublic Group of Companies been receiving favorable news coverage?
News coverage about IPG stock has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Interpublic Group of Companies earned a media sentiment score of 0.21 on Accern's scale. They also assigned press coverage about the business services provider an impact score of 43.94 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Interpublic Group of Companies' stock price today?
One share of IPG stock can currently be purchased for approximately $24.14.
How big of a company is Interpublic Group of Companies?
Interpublic Group of Companies has a market capitalization of $9.22 billion and generates $7.88 billion in revenue each year. The business services provider earns $579 million in net income (profit) each year or $1.41 on an earnings per share basis. Interpublic Group of Companies employs 50,200 workers across the globe.
How can I contact Interpublic Group of Companies?
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.
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 IPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IPG will underperform the S&P 500 over the long term. You may vote once every thirty days.
Interpublic Group of Companies (NYSE:IPG) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Interpublic Group of Companies in the last 12 months. Their average twelve-month price target is $25.40, suggesting that the stock has a possible upside of 5.22%. The high price target for IPG is $27.00 and the low price target for IPG is $23.00. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Buy |
| Consensus Rating Score: | 2.23 | 2.33 | 2.27 | 2.53 |
| Ratings Breakdown: | 1 Sell Rating(s)
8 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
8 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
4 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.40 | $26.00 | $25.9231 | $25.6923 |
| Price Target Upside: | 5.22% upside | 12.99% upside | 18.80% upside | 31.76% upside |
Interpublic Group of Companies (NYSE:IPG) Consensus Price Target History
Interpublic Group of Companies (NYSE:IPG) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Interpublic Group of Companies (NYSE:IPG) Dividend Information
Interpublic Group of Companies pays an annual dividend of $0.84 per share, with a dividend yield of 3.48%. IPG's most recent quarterly dividend payment was Thursday, March 15. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 36.20% each year. Interpublic Group of Companies pays out 59.57% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 3.48% |
| Dividend Growth: | 36.20% (3 Year Average) |
| Payout Ratio: | 59.57% (Trailing 12 Months of Earnings)
49.41% (Based on This Year's Estimates)
46.15% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Interpublic Group of Companies (NYSE:IPG) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/13/2018 | Quarterly | $0.21 | 3.35% | 2/28/2018 | 3/1/2018 | 3/15/2018 |
| 11/15/2017 | quarterly | $0.18 | 3.9% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 8/11/2017 | Quarterly | $0.18 | 3.4% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/25/2017 | Quarterly | $0.18 | 2.92% | 6/1/2017 | 6/5/2017 | 6/19/2017 |
| 2/10/2017 | Quarterly | $0.18 | 2.91% | 2/27/2017 | 3/1/2017 | 3/15/2017 |
| 11/8/2016 | quarterly | $0.15 | | 11/29/2016 | 12/1/2016 | 12/15/2016 |
| 8/10/2016 | quarterly | $0.15 | | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/19/2016 | Quarterly | $0.15 | | 5/27/2016 | 6/1/2016 | 6/15/2016 |
| 2/12/2016 | quarterly | $0.15 | | 2/26/2016 | 3/1/2016 | 3/15/2016 |
| 11/11/2015 | quarterly | $0.12 | | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 8/11/2015 | quarterly | $0.12 | | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/21/2015 | quarterly | $0.12 | 2.29% | 5/29/2015 | 6/2/2015 | 6/16/2015 |
| 2/13/2015 | quarterly | $0.12 | 2.15% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 11/13/2014 | quarterly | $0.0950 | 1.96% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 8/12/2014 | quarterly | $0.0950 | 1.91% | 8/28/2014 | 9/2/2014 | 9/16/2014 |
| 5/22/2014 | quarterly | $0.0950 | 1.99% | 5/30/2014 | 6/3/2014 | 6/17/2014 |
| 2/19/2014 | quarterly | $0.0950 | 2.28% | 2/27/2014 | 3/3/2014 | 3/17/2014 |
| 11/18/2013 | quarterly | $0.0750 | 1.76% | 11/27/2013 | 12/2/2013 | 12/16/2013 |
| 8/14/2013 | quarterly | $0.0750 | 1.9% | 8/29/2013 | 9/3/2013 | 9/17/2013 |
| 5/24/2013 | quarterly | $0.0750 | 2.06% | 6/5/2013 | 6/7/2013 | 6/21/2013 |
| 2/25/2013 | quarterly | $0.0750 | 2.43% | 3/7/2013 | 3/11/2013 | 3/25/2013 |
(Data available from 1/1/2013 forward)
Interpublic Group of Companies (NYSE IPG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.32%
Institutional Ownership Percentage: 99.49%
Interpublic Group of Companies (NYSE IPG) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/12/2018 | Frank Mergenthaler | CFO | Sell | 50,000 | $23.82 | $1,191,000.00 | |  |
| 3/9/2018 | H John Greeniaus | Director | Sell | 14,600 | $23.84 | $348,064.00 | | |
| 3/7/2018 | Jocelyn Carter-Miller | Director | Sell | 9,514 | $23.50 | $223,579.00 | | |
| 3/2/2018 | H John Greeniaus | Director | Sell | 14,242 | $23.50 | $334,687.00 | | |
| 3/1/2018 | Andrew Bonzani | SVP | Sell | 28,627 | $23.46 | $671,589.42 | | |
| 3/1/2018 | Frank Mergenthaler | CFO | Sell | 65,536 | $23.41 | $1,534,197.76 | | |
| 3/1/2018 | Philippe Krakowsky | EVP | Sell | 56,007 | $23.42 | $1,311,683.94 | | |
| 2/28/2018 | Christopher F. Carroll | CAO | Sell | 21,000 | $23.62 | $496,020.00 | | |
| 2/28/2018 | Michael Isor Roth | CEO | Sell | 188,732 | $23.59 | $4,452,187.88 | | |
| 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 | | |
(Data available from 1/1/2013 forward)
Interpublic Group of Companies (NYSE IPG) News Headlines
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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 Wednesday, April, 25, 2018
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