The Interpublic Group of Companies, Inc. (IPG)

NYSE: IPG · IEX Real-Time Price · USD
30.46
-0.26 (-0.85%)
Jun 10, 2024, 10:32 AM EDT - Market open
-0.85%
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]

Founded 1902
Employees 57,400
Stock Exchange NYSE
Ticker Symbol IPG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$36.43
(19.80% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

4 days ago - PRNewsWire

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...

17 days ago - GlobeNewsWire

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...

18 days ago - GlobeNewsWire

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...

25 days ago - PRNewsWire

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 ...

25 days ago - PRNewsWire

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...

25 days ago - GlobeNewsWire

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...

4 weeks ago - Business Wire

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% ...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - PRNewsWire

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

4 months ago - GlobeNewsWire