The Interpublic Group of Companies, Inc. (IPG)
| Market Cap | 11.12B |
| Revenue (ttm) | 10.81B |
| Net Income (ttm) | 940.50M |
| Shares Out | 384.94M |
| EPS (ttm) | 2.40 |
| PE Ratio | 12.03 |
| Forward PE | 9.86 |
| Dividend | $1.24 (4.29%) |
| Ex-Dividend Date | Aug 31, 2023 |
| Volume | 3,344,676 |
| Open | 28.73 |
| Previous Close | 28.85 |
| Day's Range | 28.69 - 29.19 |
| 52-Week Range | 25.14 - 40.95 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 39.00 (+35.04%) |
| Earnings Date | Oct 20, 2023 |
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 2022, IPG's revenue was $10.93 billion, an increase of 6.71% compared to the previous year's $10.24 billion. Earnings were $938.00 million, a decrease of -1.55%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for IPG stock is "Buy." The 12-month stock price forecast is $39.0, which is an increase of 35.04% from the latest price.
News
IPG Mediabrands Launches Industry's Most Powerful Delivery Engine Under KINESSO Banner
NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within Interpublic Group (NYSE: IPG) announced today the launch of KINESSO, a tech-driven performance unit delivering real intelli...
Sparkling Ice® Embarks on New Era of Campaign Excellence with Dynamic Creative & Media Buying Agencies
SEATTLE , Sept. 19, 2023 /PRNewswire/ -- Sparkling Ice ®, the #1 bestselling sparkling water brand, is excited to announce its newest collaboration with two industry powerhouses, Red Tettemer O'Conn...
Interpublic Group to Present at the BofA Securities Media, Communications & Entertainment Conference
New York, NY, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the BofA Securities Media, Communications & Entertainment Conference on Wednesday, Sept...
Interpublic Group to Present at the Goldman Sachs Communacopia + Technology Conference
New York, NY, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 6th, 202...
Jorge Benitez Joins Interpublic Board of Directors
New York, NY, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced the appointment of Jorge Benitez, as an independent director of IPG, effective September 1, 2023.
IPG Mediabrands Becomes the First Media Holding Company to Achieve Global TAG Platinum Status for High Brand Safety, Fraud and Malware Best Standards
NEW YORK--(BUSINESS WIRE)--As marketers, agencies and platforms strive to provide safer online environments, IPG Mediabrands, the media holding company within the Interpublic Group of Companies (NYSE:...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks Delivering High-Dividend Yields - Interpublic Gr of Cos (NYSE:IPG), Cogent Comms Hldgs (NASDAQ:CCOI)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Interpublic Declares Common Stock Dividend
New York, NY, July 31, 2023 (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 $0.31 per s...
Interpublic Group Cuts Growth Outlook as Tech Business Stumbles
Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.
Interpublic Announces Second Quarter and First Half 2023 Results
New York, NY, July 21, 2023 (GLOBE NEWSWIRE) -- Total revenue, including billable expenses, was $2.67 billion Revenue before billable expenses ("net revenue") was $2.33 billion, a decrease of 2.0%, wi...
IPG Mediabrands Launches Unified Retail Media Solution
NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within the Interpublic Group of Companies (NYSE: IPG) today announced the launch of its Unified Retail Media Solution, a dedicated...
Interpublic Schedules Second Quarter 2023 Earnings Release
New York, NY, July 06, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that it will release earnings for the second quarter ended June 30, 2023 on the morning of July 21, 2023. ...
Interpublic Group and McCann Worldgroup Join the Partnership on AI to Ensure Equity and Safety in the Adoption of Artificial Intelligence Across Industries
First Marketing and Advertising Services Company Represented in the Group First Marketing and Advertising Services Company Represented in the Group
Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 3% Dividend Yields - Interpublic Gr of Cos (NYSE:IPG), Cogent Comms Hldgs (NASDAQ:CCOI)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
MCCANN WORLDGROUP SHINES AT 2023 CANNES LIONS INTERNATIONAL FESTIVAL OF CREATIVITY
Network Awarded Titanium Lion, Three Grand Prix and 51 Gold, Silver and Bronze Lions, Across 18 Different Agencies, Demonstrating Collective Impact of the Global Network CANNES, France , June 26, 2023...
Jacki Kelley Returns to Interpublic as Chief Client Officer and Chief Business Officer
New York, NY, June 26, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today the appointment of Jacki Kelley as the holding company's EVP, Chief Client Officer and Chief Business Offi...
Myriant Enters into Strategic Collaboration with S&P Global Market Intelligence for Capital Markets Insights Offering
The unique offering empowers C-suite leaders and Boards to make decisions and deliver results in a complex environment.
IPG's Emissions Reduction Targets Validated by The Science Based Targets initiative
Company Sets Near-Term Targets to Reduce Scopes One, Two and Three Emissions Company Sets Near-Term Targets to Reduce Scopes One, Two and Three Emissions
Huge Launches Powerful New AI Capabilities
NEW YORK--(BUSINESS WIRE)--Interpublic Group's (NYSE: IPG) Huge, which has been at the forefront of digital design and innovation for more than two decades, announced today it has developed and deploy...
IPG Launches Creative Commerce Labs
New York, NY, June 08, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) continues to strengthen its end-to-end commerce offering to drive growth for brands with the launch of its Creative Commer...
Interpublic Prices Offering of $300 Million Aggregate Principal Amount of Senior Notes
New York, NY, June 06, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that it has priced a registered public offering of $300 million aggregate principal amount of its 5.375% S...
D-Wave and Interpublic Group Partner on Quantum-Powered Advertising Optimization
BURNABY, British Columbia & PALO ALTO, Calif. & NEW YORK--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software and services, and Interpublic Group (NYSE: ...
United Minds Expands Its Global Management Consultancy with a New C-Suite Advisory, Myriant, Focused on Business Resiliency & Stakeholder Management
- New consultancy tackles business resiliency across the stakeholder landscape – combining United Minds' deep organizational transformation heritage with Myriant's external stakeholder expertise - M...
Interpublic Group to Present at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference
New York, NY, May 17, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference on Mon...
BROTHERS IBRAHIMA AND ABDOULAYE BARRY, IN PARTNERSHIP WITH MICROSOFT, LAUNCH THE NEWEST EVOLUTION OF THE ADLaM ALPHABET: A LANGUAGE AT RISK OF DISAPPEARING
The Pulaar language of the Fulani people of West Africa, the world's largest nomadic group, is now accessible through the new ADLaM Display, on Microsoft 365 and in schools across Guinea NEW YORK , Ma...