The Interpublic Group of Companies, Inc. (IPG)

NYSE: IPG · IEX Real-Time Price · USD
31.40
+0.41 (1.32%)
Apr 24, 2024, 4:00 PM EDT - Market closed
1.32%
Market Cap 11.89B
Revenue (ttm) 10.89B
Net Income (ttm) 1.10B
Shares Out 378.73M
EPS (ttm) 2.85
PE Ratio 11.02
Forward PE 10.85
Dividend $1.32 (4.20%)
Ex-Dividend Date Feb 29, 2024
Volume 5,038,426
Open 30.58
Previous Close 30.99
Day's Range 30.50 - 31.67
52-Week Range 27.20 - 40.95
Beta 1.12
Analysts Buy
Price Target 36.57 (+16.47%)
Earnings Date Apr 24, 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 $36.57, which is an increase of 16.47% from the latest price.

Price Target
$36.57
(16.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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% ...

12 hours 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...

2 days 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 days 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...

16 days 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 ...

6 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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

7 weeks 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

7 weeks 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...

2 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...

2 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...

2 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...

2 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...

2 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...

2 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...

2 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

3 months ago - GlobeNewsWire

IPG Names Lisa De Bonis CEO of Huge

New York, NY, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that Lisa De Bonis has been named the new CEO of creative consultancy Huge. She succeeds Mat Baxter, who h...

3 months ago - GlobeNewsWire

IPG Mediabrands Receives the ISO 27001:2013 Global Certification

NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within Interpublic Group (NYSE: IPG) announced today it's been awarded a Global ISO 27001:2013 certification for its quality infor...

3 months ago - Business Wire

Momentum Worldwide Secures Milestone Sponsorship for Chevrolet Across Major League Soccer in Canada

New York, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Momentum Worldwide, a global sponsorship and experience marketing agency that is part of Interpublic Group (NYSE: IPG), has led strategic negotiations a...

3 months ago - GlobeNewsWire

Interpublic Group Receives Numerous ESG Accolades

Rated “Negligible Risk” by Sustainalytics, Top Industry Ranking Fourth Consecutive Year on Dow Jones Sustainability Index North America Listed for a 14th Year on the Corporate Equality Index Recognize...

3 months ago - GlobeNewsWire

Interpublic Schedules Fourth Quarter & Full Year 2023 Earnings Release

New York, NY, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that it will release earnings for the fourth quarter and full year ended December 31, 2023 on the morning ...

3 months ago - GlobeNewsWire

Acxiom CEO Chad Engelgau to Leave Data-Driven Marketing Giant for Opportunity in Non-profit Sector

New York, NY, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that Chad Engelgau, a 17-year Acxiom veteran and its CEO, is leaving the company at the end of January to ...

3 months ago - GlobeNewsWire

IPG Expands Motor City Marketing and Communications Fellowship Program

The Program Offers Unique Opportunities for Detroit Students in PR, Advertising, Experiential and Design The Program Offers Unique Opportunities for Detroit Students in PR, Advertising, Experiential a...

4 months ago - GlobeNewsWire