Omnicom Group Inc. (OMC)

NYSE: OMC · IEX Real-Time Price · USD
92.33
+0.83 (0.91%)
Apr 19, 2024, 10:05 AM EDT - Market open
0.91%
Market Cap 18.07B
Revenue (ttm) 14.88B
Net Income (ttm) 1.48B
Shares Out 195.83M
EPS (ttm) 7.40
PE Ratio 12.48
Forward PE 11.75
Dividend $2.80 (3.03%)
Ex-Dividend Date Mar 8, 2024
Volume 162,963
Open 91.88
Previous Close 91.50
Day's Range 91.73 - 92.56
52-Week Range 72.20 - 99.23
Beta 0.97
Analysts Buy
Price Target 104.56 (+13.25%)
Earnings Date Apr 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 John D. Wren
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 $104.56, which is an increase of 13.25% from the latest price.

Price Target
$104.56
(13.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 &...

1 day 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.

2 days 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% ...

2 days ago - PRNewsWire

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...

10 days ago - PRNewsWire

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...

14 days ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

Alexander Kalchev and Paul Ducré appointed CEOs of DDB Paris

A story of friendship and a natural transition PARIS , Feb. 28, 2024 /PRNewswire/ -- DDB Paris announces the elevation of globally acclaimed CCO Alexander Kalchev and Paul Ducré as new CEOs, together ...

7 weeks ago - PRNewsWire

Omnicom to Present at the Morgan Stanley Technology, Media & Telecom Conference

NEW YORK , Feb. 23, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, California on Tuesday, March...

7 weeks ago - PRNewsWire

Omnicom Declares Dividend

NEW YORK , Feb. 15, 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 i...

2 months ago - PRNewsWire

Omnicom beats quarterly revenue estimates on advertising heft

Omnicom Group beat market estimates for fourth-quarter revenue on Tuesday, helped by strong demand for its advertising and marketing services during the holiday season.

2 months ago - Reuters

Omnicom Reports Fourth Quarter and Full Year 2023 Results

2023 Fourth Quarter: Revenue of $4,060.9 million, with organic growth of 4.4% Operating income of $646.7 million; $661.2 million non-GAAP adjusted Operating income margin of 15.9%; 16.3% non-GAAP adju...

2 months ago - PRNewsWire

BlackDoctor.org Unpacks Relationship between Health and Trust

Findings from new study offer valuable insights for physicians and healthcare companies working to improve health of Black communities NEW YORK , Feb. 1, 2024 /PRNewswire/ -- A new study from BlackDoc...

2 months ago - PRNewsWire

Omnicom Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

NEW YORK , Jan. 25, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its fourth quarter and full year 2023 results on Tuesday, February 6, 2024 after the New York Stock Exchange close of trading....

3 months ago - PRNewsWire

FleishmanHillard Hires Hugh Taggart as CEO of FleishmanHillard in the UK

ST. LOUIS , Jan. 10, 2024 /PRNewswire/ -- FleishmanHillard today announced the appointment of Hugh Taggart to CEO of the agency's UK operations starting February 21. "We have an incredible business in...

3 months ago - PRNewsWire

DDB North America Hires Micheline Grace Lewis as Chief People Officer

The network continues to prioritize DEI&B, people and culture NEW YORK , Jan. 4, 2024 /PRNewswire/ -- DDB Worldwide has announced that Micheline Grace Lewis has joined DDB North America as Chief Peopl...

3 months ago - PRNewsWire

Omnicom Announces Closing of Acquisition of Flywheel

NEW YORK , Jan. 2, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has closed the previously announced acquisition of Flywheel Digital, the digital commerce business of Ascential (LSE: ASC...

3 months ago - PRNewsWire

Omnicom Media Group Ends 2023 Ranked #1 for Net New Business for the Second Consecutive Year, Earns 97% Retention Rate Among Existing Clients

OMG agencies OMD, Hearts & Science and PHD wrap the year  achieving historic trifecta atop the agency ranking   NEW YORK , Dec. 20, 2023 /PRNewswire/ -- Omnicom Media Group (OMG), the media services d...

4 months ago - PRNewsWire

Omnicom Appoints Casey Santos to Board of Directors

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced that Casey Santos has been appointed as an independent director to its Board of Directors and as a member of the Finance Co...

4 months ago - PRNewsWire

Amit Deshpande joins RAPP as Global Chief Marketing Sciences Officer

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- RAPP, a global, data-driven creative community that builds direct, meaningful, and high-value relationships between brands and people, has hired Amit Deshpande...

4 months ago - PRNewsWire

DDB WW Global CEO Alex Lubar appoints Tomas Gonsorcik as Global Chief Strategy Officer

Former North America CSO elevated as Lubar further strengthens his global leadership team NEW YORK , Dec. 7, 2023 /PRNewswire/ -- DDB Worldwide announces today that Tomas Gonsorcik has been elevated f...

4 months ago - PRNewsWire

Chaka Sobhani joins DDB WW as President, CCO International

Award-winning creative leader leaves Leo Burnett WW to join DDB network NEW YORK , Nov. 29, 2023 /PRNewswire/ -- DDB Worldwide announces today Chaka Sobhani will join as President, CCO International. ...

5 months ago - PRNewsWire

Credera announces support for Amazon Personalize "Next Best Action"

DALLAS , Nov. 27, 2023 /PRNewswire/ -- Credera, a global boutique consulting firm focused on strategy, transformation, data, artificial intelligence, and technology, announced today its commitment to ...

5 months ago - PRNewsWire

Omnicom's TA Digital Emerges as Adobe's Most Specialized Partner

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- TA Digital, a global digital experience consultancy, announced today that it has earned its 9th and 10th specializations in the Adobe Experience Cloud by being...

5 months ago - PRNewsWire

OMNICOM MEDIA GROUP RANKED #1 FOR Q1-Q3 INCREMENTAL BILLINGS GROWTH AMONG GLOBAL MEDIA MANAGEMENT GROUPS

Earning the best retention and win/loss ratio in the business, OMG adds $2.5 billion in net new business, matching its full-year 2022 total in the first nine months of 2023     OMG agencies OMD, Heart...

5 months ago - PRNewsWire