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 year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IPG shares.
View IPG analyst ratings or view top-rated stocks.

12 equities research analysts have issued 1-year price targets for Interpublic Group of Companies' shares. Their IPG share price forecasts range from $33.00 to $45.00. On average, they expect the company's stock price to reach $39.00 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for IPG or view top-rated stocks among Wall Street analysts.

Interpublic Group of Companies' stock was trading at $33.31 on January 1st, 2023. Since then, IPG stock has increased by 6.6% and is now trading at $35.51.
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Interpublic Group of Companies saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 8,850,000 shares, a drop of 18.2% from the February 28th total of 10,820,000 shares. Based on an average trading volume of 3,300,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.3% of the shares of the company are sold short.
View Interpublic Group of Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our IPG earnings forecast.

The Interpublic Group of Companies, Inc. (NYSE:IPG) issued its earnings results on Thursday, February, 9th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.01. The business services provider earned $2.55 billion during the quarter, compared to analyst estimates of $2.55 billion. Interpublic Group of Companies had a net margin of 8.58% and a trailing twelve-month return on equity of 30.58%. The company's quarterly revenue was up .1% on a year-over-year basis. During the same period last year, the firm earned $0.82 earnings per share.
Read the conference call transcript.

Interpublic Group of Companies declared a quarterly dividend on Thursday, February 9th. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.31 per share on Wednesday, March 15th. This represents a $1.24 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, February 28th. This is an increase from the stock's previous quarterly dividend of $0.29.
Read our dividend analysis for IPG.

ETFs with the largest weight of Interpublic Group of Companies (NYSE:IPG) stock in their portfolio include Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), USCF Dividend Income Fund (UDI), Invesco Dynamic Media ETF (PBS), 2ndVote Life Neutral Plus ETF (LYFE), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), ALPS Sector Dividend Dogs ETF (SDOG) and First Trust NASDAQ Rising Dividend Achievers (RDVY).

Interpublic Group of Companies (NYSE:IPG) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.54%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPG will have a dividend payout ratio of 40.79% 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 announced that its board has approved a share repurchase program on Thursday, February 10th 2022, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are 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 institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.39%), Geode Capital Management LLC (2.14%), Ariel Investments LLC (2.11%), Amundi (1.99%), Moneta Group Investment Advisors LLC (1.98%) and First Trust Advisors LP (1.50%). 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.
View institutional ownership trends.

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 $35.51.

Interpublic Group of Companies (NYSE:IPG) has a market capitalization of $13.68 billion and generates $10.93 billion in revenue each year. The business services provider earns $938 million in net income (profit) each year or $2.38 on an earnings per share basis.

The company employs 58,400 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.