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 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IPG shares.
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12 Wall Street research analysts have issued 1 year price targets for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $32.00 to $41.00. On average, they expect the company's share price to reach $35.50 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price.
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Interpublic Group of Companies' stock was trading at $37.45 at the beginning of 2022. Since then, IPG shares have decreased by 14.2% and is now trading at $32.15.
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Interpublic Group of Companies saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 9,460,000 shares, a decline of 9.9% from the October 31st total of 10,500,000 shares. Based on an average daily trading volume, of 3,410,000 shares, the short-interest ratio is currently 2.8 days. Currently, 2.5% of the shares of the stock are sold short.
View Interpublic Group of Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our IPG earnings forecast.

The Interpublic Group of Companies, Inc. (NYSE:IPG) announced its quarterly earnings data on Wednesday, October, 20th. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.14. The business services provider earned $2.26 billion during the quarter, compared to analysts' expectations of $2.17 billion. Interpublic Group of Companies had a net margin of 9.18% and a trailing twelve-month return on equity of 28.78%. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.53 EPS.
Read the conference call transcript.

Interpublic Group of Companies declared a quarterly dividend on Monday, October 31st. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.29 per share on Thursday, December 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Wednesday, November 30th.
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 3.61%. 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 46.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 44.44% 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 declared that its board has authorized a share repurchase program on Thursday, February 10th 2022, which authorizes the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.67%), BlackRock Inc. (10.40%), State Street Corp (5.44%), Bank of New York Mellon Corp (3.37%), Bank of New York Mellon Corp (3.37%) and First Trust Advisors LP (1.81%). 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.
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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 $32.15.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $12.49 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 $2.52 on an earnings per share basis.

The company employs 55,600 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.