Omnicom Group Inc. (OMC)

NYSE: OMC · Real-Time Price · USD
103.61
-0.87 (-0.83%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-0.83%
Market Cap 20.21B
Revenue (ttm) 15.43B
Net Income (ttm) 1.46B
Shares Out 195.09M
EPS (ttm) 7.33
PE Ratio 14.14
Forward PE 12.32
Dividend $2.80 (2.70%)
Ex-Dividend Date Sep 20, 2024
Volume 841,114
Open 104.31
Previous Close 104.48
Day's Range 103.27 - 104.61
52-Week Range 73.58 - 106.51
Beta 0.96
Analysts Buy
Price Target 111.44 (+7.56%)
Earnings Date Oct 15, 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]

Founded 1944
Employees 75,900
Stock Exchange NYSE
Ticker Symbol OMC
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for OMC stock is "Buy." The 12-month stock price forecast is $111.44, which is an increase of 7.56% from the latest price.

Price Target
$111.44
(7.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Fortune 500 Industry Leaders Boast Ideal October Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...

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2 days ago - Seeking Alpha

This Yum! Brands Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: YUMEMNEMRENPH
5 days ago - Benzinga

Omnicom Group Inc. (OMC) Q3 2024 Earnings Call Transcript

Omnicom Group Inc. (NYSE:OMC) Q3 2024 Earnings Conference Call October 15, 2024 4:30 PM ET Company Participants Gregory Lundberg - Senior Vice President, Investor Relations John Wren - Chairman and C...

6 days ago - Seeking Alpha

Omnicom beats quarterly results estimates on strong growth in ad segment

Omnicom Group beat Wall Street estimates for third-quarter profit and revenue on Tuesday, driven by strong growth in its advertising and media segment.

6 days ago - Reuters

Omnicom Reports Third Quarter 2024 Results

Revenue of $3.9 billion, with organic growth of 6.5% Net income of $385.9 million Diluted earnings per share of $1.95; $2.03 Non-GAAP adjusted Operating income of $600.1 million ; EBITA of $622.3 mill...

6 days ago - PRNewsWire

Buy 7 Sustainable Dividend Dogs From Barron's October 100

Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: s...

Other symbols: AGRBACBENCFGELESESG
7 days ago - Seeking Alpha

Omnicom Schedules Third Quarter 2024 Earnings Release and Conference Call

NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its third quarter 2024 results on Tuesday, October 15, 2024 after the New York Stock Exchange close of trading. The company wil...

13 days ago - PRNewsWire

Dividend Stocks With Strong Q4 Seasonality

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...

Other symbols: ABBVBACBKBLKCATCFGCI
19 days ago - Seeking Alpha

Omnicom Earnings Preview: Strong Foundations, Slowing Momentum

Omnicom Group Inc. is a global marketing giant with strong stock performance but faces rising debt, slow dividend growth, and market challenges. Despite a solid 17.04% compound growth and a 4.49% divi...

19 days ago - Seeking Alpha

Omnicom Acquires LeapPoint, Creating Leading End-to-End Content Supply Chain Solution

NEW YORK , Sept. 27, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its precision marketing division, Omnicom Precision Marketing Group (OPMG), acquired LeapPoint, a digital advisory firm fo...

24 days ago - PRNewsWire

FRESH OFF ITS Q3 AMAZON WIN, OMNICOM MEDIA GROUP TOPS COMVERGENCE H1 REPORT WITH $5.3 BILLION IN TOTAL NEW BUSINESS WINS

OMG agencies PHD and OMD Leverage Agency as a Platform Model  to Earn #1 and #2 Ranking Among Global Media Networks NEW YORK , Sept. 24, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media servi...

27 days ago - PRNewsWire

3 Fortune 500 Industry Leaders Boast Ideal August Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leaders (IL) using Y...

Other symbols: ABTADMCOPCSCOCVSETHAL
7 weeks ago - Seeking Alpha

Omnicom Launches Omnicom Advertising Group (OAG) to Power the Next Generation of Creativity

OAG aligns BBDO, DDB, TBWA and the Advertising Collective under one leadership Accelerates investments in innovative tools, technologies, and AI platforms TBWA CEO, Troy Ruhanen, is elevated to Global...

7 weeks ago - PRNewsWire

FleishmanHillard's J.J. Carter Named President and CEO; John Saunders to Become Chairman

Leadership Transition Will Take Effect on Oct. 1, 2024 NEW YORK , Aug. 20, 2024 /PRNewswire/ -- FleishmanHillard Inc., an Omnicom PR Group (OPRG) agency, today announced that its current Global Chief ...

2 months ago - PRNewsWire

Credera achieves Microsoft Solution Partner designations in Data & AI and Digital & App Innovation

DALLAS , Aug. 15, 2024 /PRNewswire/ -- Credera, a global consulting firm focused on transformation, MarTech, AI, and technology, announced today the achievement of the Microsoft Solution Partner statu...

2 months ago - PRNewsWire

ANDREW ROBERTSON TO BECOME CHAIRMAN OF BBDO WORLDWIDE

Nancy Reyes Appointed President and CEO NEW YORK , Aug. 14, 2024 /PRNewswire/ -- BBDO Worldwide announced today that Andrew Robertson, who has served as President and CEO since May 2004, will become C...

2 months ago - PRNewsWire

Omnicom PR Group Taps Matt Stafford as PR Group's President, International

Stafford will Focus on Key Catalysts for Growth in APAC and EMEA NEW YORK , Aug. 14, 2024 /PRNewswire/ -- Omnicom PR Group (OPRG) today announced the appointment of communications industry veteran, Ma...

2 months ago - PRNewsWire

Buy 10 Sustainable Dividend Dogs Of Barron's August 100

Barron's seventh annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: s...

Other symbols: AGRBACBBYBENCFGELES
2 months ago - Seeking Alpha

VOLKSWAGEN CONFIRMS THE EXTENSION OF THEIR GLOBAL CREATIVE CONTRACT WITH OMNICOM & DDB

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- The Volkswagen brand has extended their global creative contract with Omnicom's DDB for another three years which has been Volkswagen's creative agency for over...

2 months ago - PRNewsWire

FleishmanHillard Hires Shameek Bose as Partner and Global Lead, Responsible Business and Global Impact

ST. LOUIS , July 31, 2024 /PRNewswire/ -- FleishmanHillard has named Shameek Bose as the agency's first partner and global lead of Responsible Business and Global Impact. In this role, Bose will be re...

2 months ago - PRNewsWire

OMNICOM PRICES $600 MILLION SENIOR NOTES OFFERING

NEW YORK , July 30, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced the pricing of its public offering of $600 million aggregate principal amount of 5.300% Senior Notes due 2034 (the "Notes")...

2 months ago - PRNewsWire

TBWA's dotdotdash Hires Mai Nguyen as First Chief Client Officer

Acquired by TBWA\Worldwide in 2022, experience innovation agency dotdotdash, has helped drive NEXT–TBWA's innovation practice–to a double-digit growth trajectory for 2024 LOS ANGELES , July 23, 2024 /...

3 months ago - PRNewsWire

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: NXSTSIRI
3 months ago - Benzinga

Omnicom Group: Multiple Growth Catalysts Ahead

OMC growth is inflecting back to mid-single digits with positive margin trends. Catalysts like the US election, the Olympics, and CTV advertising can drive near-term growth. Gen-AI tools for personali...

3 months ago - Seeking Alpha

OMNICOM MEDIA GROUP AGENCIES OUTPERFORM FOR GROWTH ACROSS ALL FOUR REGIONS

New Report Reveals OMG Is #1 For Growth in EMEA and LATAM, Leads the Industry in Digital Spend OMD remains #1 in North America, Hearts & Science leads in global growth NEW YORK , July 22, 2024 /PRNews...

3 months ago - PRNewsWire