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

13 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, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IPG shares.
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13 analysts 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 expect the company's stock price to reach $36.56 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price.
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Interpublic Group of Companies' stock was trading at $37.45 at the beginning of the year. Since then, IPG shares have decreased by 30.0% and is now trading at $26.21.
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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) released its earnings results on Thursday, July, 21st. The business services provider reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.05. The business services provider earned $2.38 billion during the quarter, compared to analyst estimates of $2.33 billion. Interpublic Group of Companies had a trailing twelve-month return on equity of 29.37% and a net margin of 9.16%. The company's revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 given a dividend of $0.29 per share on Thursday, September 15th. This represents a $1.16 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date 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 4.56%. 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 declared that its board has approved a stock buyback plan on Thursday, February 10th 2022, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership 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 shareholders include FMR LLC (5.72%), State Street Corp (5.35%), Black Creek Investment Management Inc. (3.46%), Amundi (1.97%), Northern Trust Corp (1.51%) and Wells Fargo & Company MN (1.24%). Insiders that own company stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, 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 $26.21.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $10.25 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' 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.