MARKET COMPOSITE
IPG - Interpublic Group Of Cos., Inc.8:00:02 PM 4/22/2024
Price
$31.03
+ 0.31 (1.01%)
The Interpublic Group of Companies, Inc. is an American publicly traded advertising company. The company consists of five major networks: FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group, and Marketing Specialists, as well as a number of independent specialty agencies in the areas of public relations, sports marketing, talent representation, and healthcare. It is one of the "Big Four" agency companies, alongside WPP, Publicis and Omnicom. Michael Roth is the company's CEO. On October 2, 1930, IPG was founded in New York City as McCann-Erickson, when H.K. McCann Co. and Erickson Co. merged. At the time, it was the largest agency in the ad industry.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue2.6B+12%
Gross Profit259.3MM-
Cost Of Revenue2.3B+5%
Operating Income606.8MM+61%
Operating Expenses2.4B+5%
Net Income463.2MM+90%
G&A23.5MM+39%
Compensation1.5B+0%
Interest Expense47.9MM-18%
Stock Chart

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Stock news

    NEW YORK, April 22, 2024--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 empower our clients and media partners with turnkey sustainability solutions rooted in science-informed action. Across the globe, climate responses and disclosure regulations are rapidly evolving. The advertising industry – via the World Federation of Advertisers Global Alliance on Responsible Media

    Interpublic's (IPG) first-quarter 2024 revenues and earnings are likely to have declined year over year.

    If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

    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 of the Year recognition event in Miami. Founded in 2013, Commonwealth//McCann is the dedicated global agency collective for the Chevrolet brand. In total, 86 suppliers were recognized this year, and this is the fifth time Commonwealth//McCann has won the distinguished award (2018, 2019, 2020, 2022, 20

    Omnicom Group beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by solid demand for its advertising services amid major political and sports events. The results come as macroeconomic conditions ease and events such as the U.S. presidential election and the summer Olympics, beginning in July, are set to dial up advertisement and marketing spending. Omnicom, which competes with The Interpublic Group of Companies and UK's WPP, is one of the world's biggest integra...

    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. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (800) 593-9891. Outside the United States, please call (517) 308-9356. The participant passcode is 6123844. The call wi

    Most readers would already know that Interpublic Group of Companies' (NYSE:IPG) stock increased by 1.5% over the past...

    Interpublic Group stock got a boost earlier this month on chatter of a potential takeover. While the broader stock market has leapt from record to record over the past year, Interpublic Group’s stock has stalled, losing 6.5% over the past 12 months. Organic revenue growth is a key metric in the industry, as it suggests that an agency is expanding, winning new business, and setting itself up for sustainable sales going forward.

    CEO of MullenLowe Global Opts to Pursue Her Passion for Social ChangeNew York, NY, March 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that Kristen Cavallo will be retiring as Global CEO of MullenLowe this spring and will remain available to the company in an advisory capacity until 2025. Cavallo announced that her next move will include applying her deep and varied communications experience to political and societal causes. A strategist turned CEO, Cavallo is recogn

    Today, Carmichael Lynch announced that Tierney, a leading marketing communications firm in the Mid-Atlantic, will become part of Carmichael Lynch effective May 1, 2024. With the addition of this office, the expanded full-service agency will maintain its headquarters in Minneapolis, along with offices in New York and now Philadelphia. Both agencies are owned by Interpublic Group (NYSE: IPG).