The Interpublic Group of Companies, Inc. (IPG)
Market Cap | 11.78B |
Revenue (ttm) | 10.86B |
Net Income (ttm) | 1.08B |
Shares Out | 377.42M |
EPS (ttm) | 2.81 |
PE Ratio | 11.10 |
Forward PE | 10.69 |
Dividend | $1.32 (4.23%) |
Ex-Dividend Date | Feb 29, 2024 |
Volume | 2,123,545 |
Open | 30.94 |
Previous Close | 30.97 |
Day's Range | 30.89 - 31.38 |
52-Week Range | 27.20 - 40.95 |
Beta | 1.12 |
Analysts | Buy |
Price Target | 36.43 (+16.76%) |
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]
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 16.76% from the latest price.
News
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
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...
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...
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...
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...
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 ...
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 ...