Omnicom Group Inc. (OMC)
| Market Cap | 18.78B |
| Revenue (ttm) | 14.88B |
| Net Income (ttm) | 1.48B |
| Shares Out | 195.83M |
| EPS (ttm) | 7.40 |
| PE Ratio | 12.99 |
| Forward PE | 12.04 |
| Dividend | $2.80 (2.92%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 37,938 |
| Open | 96.34 |
| Previous Close | 96.13 |
| Day's Range | 95.63 - 96.36 |
| 52-Week Range | 72.20 - 99.23 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 105.67 (+10.18%) |
| 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 10.18% from the latest price.
News
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...
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 ...
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...
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.
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...
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...
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....
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...
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...
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...
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...