NYSE:IPGInterpublic Group of Companies Stock Price, Forecast & News

Interpublic Group of Companies' stock was trading at $18.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IPG shares have decreased by 4.6% and is now trading at $17.19. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 4 hold ratings and 3 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 Tuesday, July 28th 2020. View our earnings forecast for Interpublic Group of Companies.

Interpublic Group of Companies Inc (NYSE:IPG) issued its quarterly earnings data on Wednesday, April, 22nd. The business services provider reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.02. The business services provider earned $1.97 billion during the quarter, compared to analyst estimates of $1.91 billion. Interpublic Group of Companies had a net margin of 6.54% and a return on equity of 29.27%. Interpublic Group of Companies's quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share. View Interpublic Group of Companies' earnings history.

Interpublic Group of Companies declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be paid a dividend of $0.255 per share on Monday, June 15th. This represents a $1.02 annualized dividend and a dividend yield of 5.93%. The ex-dividend date of this dividend is Friday, May 29th. View Interpublic Group of Companies' dividend history.

7 brokers have issued 12-month price targets for Interpublic Group of Companies' shares. Their forecasts range from $16.00 to $27.00. On average, they expect Interpublic Group of Companies' share price to reach $21.17 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for Interpublic Group of Companies.

News articles about IPG stock have been trending negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Interpublic Group of Companies earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Interpublic Group of Companies.

Interpublic Group of Companies saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 18,690,000 shares, a decrease of 16.2% from the June 15th total of 22,310,000 shares. Based on an average trading volume of 5,570,000 shares, the short-interest ratio is currently 3.4 days. Currently, 4.8% of the shares of the company 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). View all competitors.

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), Zoetis (ZTS), Transocean (RIG) 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 variety of retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (0.32%), Municipal Employees Retirement System of Michigan (0.01%), Ellevest Inc. (0.00%) and BEAM Asset Management LLC (0.00%). Company insiders that own Interpublic Group of Companies stock include Andrew Bonzani, Christopher F Carroll, David M Thomas, Dawn E Hudson, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Linda S Sanford, Michael Isor Roth and Philippe Krakowsky. View institutional ownership trends for Interpublic Group of Companies.

IPG stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Municipal Employees Retirement System of Michigan, BEAM Asset Management LLC, and Ellevest Inc.. Company insiders that have bought Interpublic Group of Companies stock in the last two years include David M Thomas, Dawn E Hudson, 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 $17.19.

Interpublic Group of Companies has a market capitalization of $6.70 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.

The official website for Interpublic Group of Companies is 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]