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

Interpublic Group of Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPG."

Interpublic Group of Companies declared a quarterly dividend on Tuesday, November 19th. Investors of record on Monday, December 2nd will be paid a dividend of $0.235 per share on Monday, December 16th. This represents a $0.94 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Friday, November 29th. View Interpublic Group of Companies' Dividend History.

Interpublic Group of Companies announced that its board has approved a share buyback plan on Thursday, February 15th 2018, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Interpublic Group of Companies Inc (NYSE:IPG) announced its quarterly earnings results on Tuesday, October, 22nd. The business services provider reported $0.49 EPS for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.02. The business services provider had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.06 billion. Interpublic Group of Companies had a net margin of 6.42% and a return on equity of 31.19%. Interpublic Group of Companies's quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share. View Interpublic Group of Companies' Earnings History.

Interpublic Group of Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Interpublic Group of Companies.

Interpublic Group of Companies will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 1 year price objectives for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $27.00. On average, they anticipate Interpublic Group of Companies' stock price to reach $25.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for Interpublic Group of Companies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Interpublic Group of Companies.

Media stories about IPG stock have been trending somewhat negative this week, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Interpublic Group of Companies earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage 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 impact on the stock's share price in the immediate future. View News Stories for Interpublic Group of Companies.

Interpublic Group of Companies saw a increase in short interest in January. As of January 15th, there was short interest totalling 27,760,000 shares, an increase of 14.5% from the December 31st total of 24,250,000 shares. Based on an average trading volume of 2,840,000 shares, the short-interest ratio is presently 9.8 days. Approximately 7.2% 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), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW) and Allergan (AGN).

Interpublic Group of Companies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (0.78%), State of Michigan Retirement System (0.43%), Reinhart Partners Inc. (0.27%), California Public Employees Retirement System (0.24%), Clark Capital Management Group Inc. (0.24%) and Boston Trust Walden Corp (0.16%). 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 DNB Asset Management AS, California Public Employees Retirement System, Convergence Investment Partners LLC, W.E. Donoghue & Co. LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zurcher Kantonalbank Zurich Cantonalbank, NEXT Financial Group Inc and Dupont Capital Management Corp. Company insiders that have sold Interpublic Group of Companies company stock in the last year include Andrew Bonzani, Christopher F Carroll, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Michael Isor Roth and Philippe Krakowsky. View Insider Buying and Selling for Interpublic Group of Companies.

IPG stock was acquired by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Assenagon Asset Management S.A., Hamlin Capital Management LLC, Tocqueville Asset Management L.P., Usca Ria LLC, Boston Trust Walden Corp, CX Institutional and Groesbeck Investment Management Corp NJ. Company insiders that have bought Interpublic Group of Companies stock in the last two years include David M Thomas and Linda S Sanford. View Insider Buying and Selling 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 $23.16.

Interpublic Group of Companies has a market capitalization of $8.98 billion and generates $9.71 billion in revenue each year. The business services provider earns $618.90 million in net income (profit) each year or $1.86 on an earnings per share basis. Interpublic Group of Companies employs 54,000 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]