Omnicom Group Inc. (OMC)
| Market Cap | 17.44B |
| Revenue (ttm) | 14.88B |
| Net Income (ttm) | 1.48B |
| Shares Out | 195.83M |
| EPS (ttm) | 7.40 |
| PE Ratio | 12.04 |
| Forward PE | 11.03 |
| Dividend | $2.80 (3.14%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 948,841 |
| Open | 87.68 |
| Previous Close | 87.69 |
| Day's Range | 87.28 - 89.28 |
| 52-Week Range | 72.20 - 99.23 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 105.67 (+18.62%) |
| Earnings Date | Jul 16, 2024 |
About OMC
Omnicom Group Inc., together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare. The company's services include advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing and post-production, ... [Read more]
Financial Performance
In 2023, Omnicom Group's revenue was $14.69 billion, an increase of 2.82% compared to the previous year's $14.29 billion. Earnings were $1.39 billion, an increase of 5.69%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for OMC stock is "Buy." The 12-month stock price forecast is $105.67, which is an increase of 18.62% from the latest price.
News
OMNICOM MEDIA GROUP RETURNED FROM CANNES AS MOST HONORED MEDIA HOLD CO, PREFERRED PARTNER IN GAME-CHANGING COLLABORATIONS
OMG Agency OMD Named Media Network of the Year, with sister-shop PHD claiming second place Group revealed first-mover partnerships with leading retail, programmatic buying and social platforms that wi...
Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
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...
TBWA's "COLLECTIVE AI" REDEFINES THE AI LANDSCAPE
Artificial Intelligence meets TBWA's Disruption® - marking a new frontier for creativity NEW YORK , June 20, 2024 /PRNewswire/ -- TBWA — The Disruption® Company — has today launched its AI platform, C...
Seventy-Eight Percent of Pediatricians Talk to Kids About Social Media and Mental Health: Is Your Child at Risk?
NEW YORK , June 17, 2024 /PRNewswire/ -- A new survey from SSCG Media Group, Omnicom Health Group's healthcare media center of excellence, sheds light on the potential negative impacts of social media...
CANNES LIONS' OPEN HOUSE FOR GOOD 2024
Why women are still coming last in the creative awards race EACA, NORD DDB, TBWA and ACT Responsible partner up to launch 'Creative Equality in Advertising 2024' Report reveals that women are still on...
Top 5 Business Services Stocks to Strengthen Your Portfolio
The U.S. Business Services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate, a sticky inflation rate and extremely tight monetary contr...
Omnicom Named World's Most Effective Holding Group
NEW YORK , June 5, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) has been named the Most Effective Holding Group in the 2023 Effie Index®, the 13th annual ranking of the companies behind the world's most e...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 3% Dividend Yields - Verizon Communications (NYSE:VZ)
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...
Omnicom Announces Launch of Omnicom Production
Sergio Lopez to lead new Practice Area delivering best-in-class content production services NEW YORK , June 5, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced the launch of Omnicom Production...
Omnicom Appoints Mazen Abd Rabbo as SVP of Newly Formed Omnicom Group Qatar
DOHA, Qatar , May 30, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) Chairman and CEO John Wren today named Mazen Abd Rabbo as Senior Vice President of the newly formed Omnicom Qatar. Abd Rabbo will oversee...
Tinley's Announces the Appointment of New Chief Executive Officer
Toronto, Ontario and Los Angeles, California--(Newsfile Corp. - May 17, 2024) - The Tinley Beverage Company Inc. (CSE: TNY) (OTCQB: TNYBF) ("Tinley's" or the "Company") announces that Theodore Zittell...
Omnicom Named a Leader in Commerce Services by Independent Research Firm
NEW YORK, May 15, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has been named a Leader in "The Forrester Wave™: Commerce Services, Q2 2024" by Forrester Research, Inc. Within Forrester'...
OMNICOM TO PRESENT AT THE J.P. MORGAN TECHNOLOGY, MEDIA AND COMMUNICATIONS CONFERENCE
NEW YORK , May 15, 2024 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced that it will present at the J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massach...
FleishmanHillard Hires Apple PR's Scott Radcliffe to Lead the Firm's Global Cybersecurity Center of Excellence
ST. LOUIS , May 14, 2024 /PRNewswire/ -- FleishmanHillard has named Scott Radcliffe as the agency's global director of cybersecurity. In this new position he will be responsible for overseeing the age...
Omnicom Announces Major Expansion in India with Four State-of-the-Art Centers of Excellence
MUMBAI, India , May 8, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced the expansion of its Global Solutions Centers of Excellence with the opening of three new campus locations in Bengaluru,...
Omnicom Declares Dividend
NEW YORK , May 7, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is ...
Asian Investors Seek Diversification Amidst an Uncertain Global Economy, According to New FleishmanHillard Report on Asset Management in Asia
Performance and Credibility Continue to be Major Factors for Investors Picking an Asset Manager HONG KONG , May 6, 2024 /PRNewswire/ -- Investors across Asia continue to look to diversify their invest...
Omnicom Establishes Scholarship for Journalism Students at Mercer University
NEW YORK , April 30, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it is funding a new scholarship for Mercer University students pursuing a journalism major within the College of Liberal A...
MCDONALD'S EXTENDS "THE ORIGINAL MOUTHFUL" CAMPAIGN WITH A MODERN MAKE-OVER OF THE CLASSIC BIG MAC® PROMO
McDonald's, DDB Sydney and adam&eveDDB partner with OMD and Snapchat for Australian-first Big Mac ® activation NEW YORK , April 17, 2024 /PRNewswire/ -- McDonald's Australia, DDB Sydney, adam&eveDDB &...
Omnicom beats quarterly profit on strong ad spending
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.
Omnicom Reports First Quarter 2024 Results
Revenue of $3.6 billion, with organic growth of 4.0% Diluted earnings per share of $1.59; $1.67 Non-GAAP adjusted Operating income of $478.9 million and 13.2% margin EBITA of $500.4 million and 13.8% ...
Omnicom Schedules First Quarter 2024 Earnings Release and Conference Call
NEW YORK , April 8, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its first quarter results on Tuesday, April 16, 2024 after the New York Stock Exchange close of trading. The company will also...
OMNICOM MEDIA GROUP RANKED #1 FOR NET NEW BUSINESS FOR SECOND CONSECUTIVE YEAR
OMG's Hearts & Science Tops Agency Network Ranking Group Sweeps the Network Rankings with All OMG Agencies Ranked in the Top Five NEW YORK , April 4, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), th...
TBWA Backslash's 2024 Edges: The Year of Adaption
TBWA's cultural intelligence unit offers a blueprint for the twists and turns that lie ahead NEW YORK , March 5, 2024 /PRNewswire/ -- TBWA's cultural intelligence unit, Backslash , has released its 20...
Omnicom Prices €600 Million Senior Notes Offering
NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) and Omnicom Finance Holdings plc (the "Issuer"), a wholly owned indirect subsidiary of Omnicom, today announced the pricing of the Issuer's...