The Interpublic Group of Companies, Inc. (IPG)
Market Cap | 11.49B |
Revenue (ttm) | 10.86B |
Net Income (ttm) | 1.08B |
Shares Out | 377.42M |
EPS (ttm) | 2.81 |
PE Ratio | 10.89 |
Forward PE | 10.61 |
Dividend | $1.32 (4.34%) |
Ex-Dividend Date | Jun 4, 2024 |
Volume | 267,067 |
Open | 30.62 |
Previous Close | 30.72 |
Day's Range | 30.36 - 30.63 |
52-Week Range | 27.20 - 40.95 |
Beta | 1.12 |
Analysts | Buy |
Price Target | 36.43 (+19.8%) |
Earnings Date | Jul 19, 2024 |
About IPG
The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Me... [Read more]
Financial Performance
In 2023, IPG's revenue was $10.89 billion, a decrease of -0.35% compared to the previous year's $10.93 billion. Earnings were $1.10 billion, an increase of 17.10%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for IPG stock is "Buy." The 12-month stock price forecast is $36.43, which is an increase of 19.80% from the latest price.
News
McCann Worldgroup reclaims #1 position on the 2023 Global Effie Index
Named Most Effective Agency Network NEW YORK , June 5, 2024 /PRNewswire/ -- Effie Worldwide today announced the 2023 Effie Index, the annual ranking of the companies behind the world's most effective...
Interpublic Declares Common Stock Dividend
New York, NY, May 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per sh...
Global Study Finds Consumers Are Open to AI Companions BUT Are Worried About Maintaining Human Connections
New York, NY, May 23, 2024 (GLOBE NEWSWIRE) -- Momentum Worldwide, a global experiential marketing agency that is part of Interpublic Group (NYSE: IPG), has released the findings of a global study tha...
Tracker Network Signs 2-Year Exclusivity Deal with Primis Covering All Its Video Experience Needs
TEL AVIV, Israel , May 16, 2024 /PRNewswire/ -- Tracker Network and Primis signed a two-year exclusivity agreement after more than three years of successful partnership. Tracker Network provides stats...
New "Love Has No Labels" PSA Inspires Acts of Love to Combat Bias and Hate
The Ad Council's newest PSA, in partnership with R/GA , encourages individuals to act with love and combat division and hate NEW YORK , May 16, 2024 /PRNewswire/ -- Today, the Ad Council released the ...
Interpublic Group to Present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
New York, NY, May 15, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Mon...
KINESSO Names Tom Amies-Cull as Global Chief Operating Officer and Amie Owen as Global Chief Growth Officer of KINESSO Commerce
NEW YORK--(BUSINESS WIRE)--KINESSO, IPG Mediabrands' centralized tech and data unit, today announced Tom Amies-Cull as Global Chief Operating Officer of KINESSO and Amie Owen as Global Chief Growth Of...
Interpublic Announces First Quarter 2024 Results
New York, NY, April 24, 2024 (GLOBE NEWSWIRE) -- Total revenue, including billable expenses, was $2.50 billion Revenue before billable expenses (“net revenue”) was $2.18 billion, an increase of 0.3% ...
IPG Mediabrands Launches Climate Action Accelerator Program to Help Marketers Reduce Emisssions From Media Activities
NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within Interpublic Group (NYSE: IPG) announced today the launch of the Climate Action Accelerator Program. This initiative aims to...
IPG's Commonwealth//McCann Recognized as GM Supplier of Year
New York, April 17, 2024 (GLOBE NEWSWIRE) -- General Motors has recognized Interpublic Group 's (NYSE: IPG) Commonwealth//McCann as one of its top global suppliers of 2023 during its annual Supplier o...
Interpublic Schedules First Quarter 2024 Earnings Release
New York, NY, April 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that it will release earnings for the first quarter ended March 31, 2024 on the morning of April 24, 2024...
CARMICHAEL LYNCH EXPANDS FULL-SERVICE OFFERING TO PHILADELPHIA
MINNEAPOLIS, March 13, 2024 /PRNewswire/ -- Today, Carmichael Lynch announced that Tierney, a leading marketing communications firm in the Mid-Atlantic, will become part of Carmichael Lynch effective ...
GENUINE LAUNCHES NEW BRAND IDENTITY TO CONVEY DIGITAL-FIRST APPROACH AND FOCUS ON ACCESSIBILITY
BOSTON , March 12, 2024 /PRNewswire/ -- Genuine, a leading digital experience agency part of Jack Morton, today announces the launch of a new brand identity. The updated look and feel for the agency a...
IPG Tops the 2024 Ad Age 'A-List'
The Martin Agency and The Weber Shandwick Collective Named to the A-List IPG Health Wins Health Care Network of the Year IPG Mediabrands Named U.S. Network of the Year UM Named Media Agency of the Yea...
KINESSO Unveils Industry's Most Cutting-Edge Solution to Optimize Campaign Performance in the Post-Cookie Era
NEW YORK--(BUSINESS WIRE)--KINESSO, the IPG Mediabrands technology-driven performance marketing agency within Interpublic Group (NYSE: IPG) announced today the launch of their Emerging Tech Assessment...
IPG Publishes Ninth Annual ESG Report
Report Utilizes Multiple Frameworks Including GRI, SASB and TCFD Includes Limited Assurance on Certain ESG Metrics for Third Year
IPG Forges First-to-Market Partnership with Adobe to Revolutionize Content Creation for Brands and Marketers
IPG Engine is the First Integrated Marketing Platform Powered by Adobe GenStudio, Using AI and Data to Automate and Scale Creative Content
Interpublic Group to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference
New York, NY, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the 2024 Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 5th, 20...
Huge Names Chidi Achara New Chief Product Officer
CEO Lisa De Bonis Announces Strategic Executive Changes; In Addition to Achara, Matt Weiss Named Chief Brand Officer CEO Lisa De Bonis Announces Strategic Executive Changes; In Addition to Achara, Mat...
Interpublic Increases Common Stock Dividend for Twelfth Consecutive Year and Announces New Share Repurchase Program
New York, NY, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per s...
IPG Announces Fourth Quarter and Full Year 2023 Results
New York, NY, Feb. 08, 2024 (GLOBE NEWSWIRE) -- FOURTH QUARTER Total revenue, including billable expenses, was $3.0 billion Revenue before billable expenses ("net revenue") was $2.6 billion, with orga...
Susan Credle to Become First-Ever IPG Creative Advisor
Appointment reflects holding company focus on championing talent and delivering innovative ideas and creative platforms for clients Appointment reflects holding company focus on championing talent and...
Huge Launches Culture Decoder, a Comprehensive Tool for Analyzing Cultural Data
Developed by Huge data scientists, the revolutionary tool makes it possible to enhance brand relevance and strengthen customer connections like never before Developed by Huge data scientists, the revo...
Gamer Network and Primis Announce Exclusivity Contract Until the End of 2024
TEL AVIV, Israel , Feb. 5, 2024 /PRNewswire/ -- Primis has signed a new exclusive partnership deal with Gamer Network until the end of 2024. Gamer Network's parent ReedPop is known as one of the large...
Danny Robinson Named CEO of The Martin Agency
Martin CCO Danny Robinson to lead award-winning agency into the next chapter Martin CCO Danny Robinson to lead award-winning agency into the next chapter