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

Interpublic Group of Companies' stock was trading at $18.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IPG stock has decreased by 19.3% and is now trading at $14.54. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 3 hold ratings and 2 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 Friday, April 24th 2020. View our earnings forecast for Interpublic Group of Companies.

Interpublic Group of Companies Inc (NYSE:IPG) issued its quarterly earnings results on Wednesday, February, 12th. The business services provider reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.05. The business services provider had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.42 billion. Interpublic Group of Companies had a return on equity of 29.83% and a net margin of 6.42%. The company's revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.89 earnings per share. View Interpublic Group of Companies' earnings history.

Interpublic Group of Companies declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.255 per share on Monday, March 16th. This represents a $1.02 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Friday, February 28th. This is an increase from Interpublic Group of Companies's previous quarterly dividend of $0.24. View Interpublic Group of Companies' dividend history.

5 brokerages have issued 12-month target prices for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $27.00. On average, they expect Interpublic Group of Companies' share price to reach $24.75 in the next twelve months. This suggests a possible upside of 70.2% from the stock's current price. View analysts' price targets for Interpublic Group of Companies.

News coverage about IPG stock has been trending very negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Interpublic Group of Companies earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutInterpublic Group of Companies.

Interpublic Group of Companies saw a drop in short interest in March. As of March 13th, there was short interest totaling 23,552,700 shares, a drop of 15.3% from the February 27th total of 27,800,000 shares. Based on an average daily trading volume, of 3,730,000 shares, the days-to-cover ratio is currently 6.3 days. Currently, 6.1% 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).

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), Aegean Marine Petroleum Network (ANW) and Allergan (AGN).

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 institutional and retail investors. Top institutional investors include Fulcrum Equity Management (0.00%). Company insiders that own Interpublic Group of Companies stock include Andrew Bonzani, Christopher F Carroll, David M Thomas, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Linda S Sanford, Mary Guilfoile, Michael Isor Roth and Philippe Krakowsky. View institutional ownership trends for Interpublic Group of Companies.

IPG stock was sold by a variety of institutional investors in the last quarter, including Fulcrum Equity Management. Company insiders that have sold Interpublic Group of Companies company stock in the last year include H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, and Michael Isor Roth. 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 $14.54.

Interpublic Group of Companies has a market capitalization of $5.64 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. View additional information about Interpublic Group of Companies.

The official website for Interpublic Group of Companies is http://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]