Omnicom Group Inc. (OMC)

NYSE: OMC · IEX Real-Time Price · USD
95.25
+1.50 (1.60%)
Jul 16, 2024, 12:27 PM EDT - Market open
1.60%
Market Cap 18.42B
Revenue (ttm) 14.88B
Net Income (ttm) 1.48B
Shares Out 195.83M
EPS (ttm) 7.40
PE Ratio 12.79
Forward PE 11.71
Dividend $2.80 (2.94%)
Ex-Dividend Date Jun 10, 2024
Volume 899,714
Open 94.12
Previous Close 93.75
Day's Range 93.56 - 95.25
52-Week Range 72.20 - 99.23
Beta 0.97
Analysts Buy
Price Target 105.67 (+10.94%)
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]

CEO Louis F. Januzzi
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 $105.67, which is an increase of 10.94% from the latest price.

Price Target
$105.67
(10.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Omnicom Launches ArtBotAI, Offering Clients the Industry's Most Powerful Creative Engineering Solution

Powered by Omni, the platform expands Omnicom's intelligent content offering NEW YORK , July 10, 2024 /PRNewswire/ -- Omnicom today announced the launch of ArtBotAI, its next-generation intelligent co...

6 days ago - PRNewsWire

Omnicom Schedules Second Quarter 2024 Earnings Release and Conference Call

NEW YORK , July 9, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its second quarter results on Tuesday, July 16, 2024 after the New York Stock Exchange close of trading. The company will also ...

7 days ago - PRNewsWire

‘Crash proof' your portfolio with these 10 stocks and 3 ETFs

You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.

Other symbols: AMGNCAHFIGLHEGDJPMMRK
7 days ago - Market Watch

Mercury Taps Derek Jansen as California Managing Director

Communications Strategist and Political Consultant Derek Jansen Joins Mercury Public Affairs to Lead Sacramento Expansion SACRAMENTO, Calif. , July 8, 2024 /PRNewswire/ -- Mercury Public Affairs today...

8 days ago - PRNewsWire

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...

18 days ago - PRNewsWire

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...

Other symbols: CABOSSTK
25 days ago - Benzinga

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...

26 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

Other symbols: APPBAHCLHGPN
5 weeks ago - Benzinga

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...

5 weeks ago - PRNewsWire

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...

Other symbols: VZT
5 weeks ago - Benzinga

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - Newsfile Corp

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'...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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,...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 &...

3 months ago - PRNewsWire

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.

3 months ago - Reuters

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% ...

3 months ago - PRNewsWire