NYSE:OMC

Omnicom Group (OMC) Stock Forecast, Price & News

$74.48

+0.43 (+0.58%)

(As of 09/29/2023 ET)

Compare

Today's Range: $73.98
▼
$74.65
50-Day Range: $73.39
▼
$84.62
52-Week Range: $62.26
▼
$99.23

Volume: 1.33 million shs
Average Volume: 1.35 million shs
Market Capitalization: $14.72 billion

P/E Ratio: 10.97
Dividend Yield: 3.76%
Price Target: $97.25

Omnicom Group MarketRank™ Forecast

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 30.6% Upside
$97.25 Price Target
Short Interest: Bearish
4.66% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.35
Upright™ Environmental Score
News Sentiment: 1.20
Based on 3 Articles This Week
Insider Trading: Selling Shares
$37,472 Sold Last Quarter
Proj. Earnings Growth: 4.63%
From $7.35 to $7.69 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Business Services Sector

62nd out of 317 stocks

Advertising Agencies Industry

3rd out of 7 stocks

3.1

Analyst's Opinion

Consensus Rating
Omnicom Group has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $97.25, Omnicom Group has a forecasted upside of 30.6% from its current price of $74.48.
Amount of Analyst Coverage
Omnicom Group has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.66% of the float of Omnicom Group has been sold short.
Short Interest Ratio / Days to Cover
Omnicom Group has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Omnicom Group has recently increased by 2.25%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Omnicom Group is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Omnicom Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Omnicom Group is 41.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Omnicom Group will have a dividend payout ratio of 36.41% next year. This indicates that Omnicom Group will be able to sustain or increase its dividend.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Omnicom Group has received a 42.54% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Convention and trade show organizing services", "Chat bots", and "Marketing software" products. See details.
Environmental Sustainability
The Environmental Impact score for Omnicom Group is -0.35.

2.9

News and Social Media Coverage

News Sentiment
Omnicom Group has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Omnicom Group this week, compared to 7 articles on an average week.
Search Interest
Only 1 people have searched for OMC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
5 people have added Omnicom Group to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Omnicom Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,472.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Omnicom Group is held by insiders.
Percentage Held by Institutions
92.71% of the stock of Omnicom Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Omnicom Group are expected to grow by 4.63% in the coming year, from $7.35 to $7.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Omnicom Group is 10.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Omnicom Group is 10.97, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 30.83.
Price to Earnings Growth Ratio
Omnicom Group has a PEG Ratio of 2.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Omnicom Group has a P/B Ratio of 4.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Omnicom Group (NYSE:OMC) Stock

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 brand consulting, 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, digital transformation, entertainment marketing, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and in-store design services. Its services also comprise interactive marketing, investor relations, marketing research, media planning and buying, merchandising and point of sale, mobile marketing, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement, promotional marketing, public affairs, retail marketing, sales support, search engine marketing, shopper marketing, social media marketing, and sports and event marketing services. It operates in the North and Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific. The company was incorporated in 1944 and is based in New York, New York.

OMC Price History

30 days | 90 days | 365 days | Advanced Chart

OMC Stock News Headlines

September 22, 2023 | americanbankingnews.com

Omnicom Group (NYSE:OMC) Price Target Cut to $73.00 by Analysts at Bank of America

September 20, 2023 | finance.yahoo.com

Omnicom Group Inc's Dividend Analysis: A Deep Dive into Its Performance and Sustainability

October 1, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 19, 2023 | msn.com

Citigroup Maintains Omnicom Group (OMC) Buy Recommendation

September 18, 2023 | finance.yahoo.com

Omnicom Group (NYSE:OMC) Has Affirmed Its Dividend Of $0.70

September 17, 2023 | seekingalpha.com

Omnicom Group: Changing Landscape With Greater Risks

September 15, 2023 | finance.yahoo.com

Omnicom (OMC) Rises 17% in a Year: What You Should Know

September 12, 2023 | seekingalpha.com

Omnicom: Old Economy Meets AI, Buy The Dip

October 1, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 11, 2023 | finance.yahoo.com

Is There An Opportunity With Omnicom Group Inc.'s (NYSE:OMC) 49% Undervaluation?

September 8, 2023 | finance.yahoo.com

Omnicom (OMC) Snaps Up FP1 Strategies & PLUS Communications

September 7, 2023 | finance.yahoo.com

BrightTower Advises Top Public Affairs Firm PLUS Communications and Political Consulting Firm FP1 Strategies in Sale to Omnicom

September 7, 2023 | markets.businessinsider.com

Omnicom Acquires PLUS Communications And FP1 Strategies

September 6, 2023 | marketwatch.com

Omnicom Group Inc. stock underperforms Wednesday when compared to competitors despite daily gains

August 31, 2023 | finance.yahoo.com

Omnicom Group (OMC) Gains From Shareholder-Friendly Policies

August 29, 2023 | finance.yahoo.com

TMA RELEASES FIRST ANNUAL CULTURAL RESONANCE SCORE™

August 24, 2023 | markets.businessinsider.com

More Transparency Into Digital Shelf - Criteo & Omnicom's Expanded Partnership Provides Advertisers With Next-Level Commerce Insights

August 23, 2023 | finance.yahoo.com

3 Advertising & Marketing Stocks to Watch Amid Industry Woes

August 17, 2023 | finance.yahoo.com

Omnicom (OMC) Down 9.4% Since Last Earnings Report: Can It Rebound?

August 16, 2023 | marketwatch.com

Omnicom Group Inc. stock falls Wednesday, still outperforms market

July 26, 2023 | finance.yahoo.com

Omnicom Declares Dividend

July 25, 2023 | msn.com

Wells Fargo Downgrades Omnicom Group (OMC)

July 24, 2023 | finance.yahoo.com

Ad Agency Stocks Drop as Analyst Cuts Ratings, Warns of Rough Times

July 21, 2023 | finance.yahoo.com

Ad Holding Companies Under ‘Gathering Clouds’ as Some See Client Slowdown

July 21, 2023 | ca.finance.yahoo.com

Ad group Interpublic cuts growth forecast as tech clients dial back spending

July 21, 2023 | finance.yahoo.com

Interpublic Group Stock Drops on Lower 2023 Outlook

July 20, 2023 | finance.yahoo.com

Why Omnicom Stock Plunged Wednesday

See More Headlines

Receive OMC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Omnicom Group and its competitors with MarketBeat's FREE daily newsletter.

OMC Company Calendar

Ex-Dividend for 7/7 Dividend: 6/08/2023
Dividend Payable: 7/07/2023
Last Earnings: 7/18/2023
Ex-Dividend for 10/12 Dividend: 9/20/2023
Today: 10/01/2023
Dividend Payable: 10/12/2023
Next Earnings (Estimated): 10/17/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Advertising agencies
Sub-Industry: Advertising
Sector: Business Services
Current Symbol: NYSE:OMC
CUSIP: 68191910
CIK: 29989
Web: www.omnicomgroup.com
Phone: (212) 415-3600
Fax: 212-415-3530
Employees: 74,200
Year Founded: 1986

Price Target and Rating

Average Stock Price Forecast: $97.25
High Stock Price Forecast: $113.00
Low Stock Price Forecast: $73.00
Forecasted Upside/Downside: +30.6%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.79
Trailing P/E Ratio: 10.97
Forward P/E Ratio: 10.13
P/E Growth: 2.05
Net Income: $1.32 billion
Net Margins: 9.66%
Pretax Margin: 13.81%
Return on Equity: 41.29%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 0.96
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $14.29 billion
Price / Sales: 1.03
Cash Flow: $8.18 per share
Price / Cash Flow: 9.10
Book Value: $18.52 per share
Price / Book: 4.02

Miscellaneous

Outstanding Shares: 197,570,000
Free Float: 195,003,000
Market Cap: $14.72 billion
Optionable: Optionable
Beta: 0.85

Social Links

(Almost) Everything You Need To Know About The EV Market

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

Mr. John D. Wren (Age 70)
Chairman & CEO
Comp: $13.18M

Mr. Daryl D. Simm (Age 62)
Pres & COO
Comp: $6.02M

Mr. Jonathan B. Nelson (Age 55)
Founder & CEO of Omnicom Digital
Comp: $3.26M

Mr. Philip J. Angelastro (Age 58)
Exec. VP & CFO
Comp: $5.44M

Mr. Thomas W. Watson
Co-Founder & Vice Chairman Emeritus

Mr. Andrew L. Castellaneta (Age 64)
Sr. VP & Chief Accounting Officer

Dr. Craig Cuyar
Sr. VP & Global Chief Information Officer

Mr. Gregory H. Lundberg
Sr. VP of Investor Relations

Mr. Louis F. Januzzi (Age 49)
Sr. VP, Gen. Counsel & Sec.

Ms. Joanne Trout
Chief Communications Officer of Worldwide Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OMC Stock - Frequently Asked Questions

Should I buy or sell Omnicom Group stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Omnicom Group in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMC, but not buy additional shares or sell existing shares.
View OMC analyst ratings or view top-rated stocks.
What is Omnicom Group's stock price forecast for 2023?: 8 Wall Street research analysts have issued 12-month price objectives for Omnicom Group's stock. Their OMC share price forecasts range from $73.00 to $113.00. On average, they expect the company's stock price to reach $97.25 in the next year. This suggests a possible upside of 30.6% from the stock's current price.
View analysts price targets for OMC or view top-rated stocks among Wall Street analysts.
How have OMC shares performed in 2023?: Omnicom Group's stock was trading at $81.57 at the start of the year. Since then, OMC shares have decreased by 8.7% and is now trading at $74.48.
View the best growth stocks for 2023 here.
When is Omnicom Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our OMC earnings forecast.
How were Omnicom Group's earnings last quarter?: Omnicom Group Inc. (NYSE:OMC) issued its quarterly earnings results on Tuesday, July, 18th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.01. The business services provider had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.67 billion. Omnicom Group had a trailing twelve-month return on equity of 41.29% and a net margin of 9.66%. Omnicom Group's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.68 EPS.
Read the conference call transcript.
How often does Omnicom Group pay dividends? What is the dividend yield for Omnicom Group?: Omnicom Group declared a quarterly dividend on Tuesday, July 25th. Investors of record on Thursday, September 21st will be paid a dividend of $0.70 per share on Thursday, October 12th. This represents a $2.80 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Wednesday, September 20th.
Read our dividend analysis for OMC.
What ETFs hold Omnicom Group's stock?: ETFs with the largest weight of Omnicom Group (NYSE:OMC) stock in their portfolio include Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), Invesco Next Gen Media and Gaming ETF (PBS), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV), USCF Dividend Income Fund (UDI) and Affinity World Leaders Equity ETF (WLDR).
Is Omnicom Group a good dividend stock?: Omnicom Group (NYSE:OMC) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.78%. The dividend payout ratio is 41.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OMC will have a dividend payout ratio of 36.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OMC.

What is John D. Wren's approval rating as Omnicom Group's CEO?: 51 employees have rated Omnicom Group Chief Executive Officer John D. Wren on Glassdoor.com. John D. Wren has an approval rating of 71% among the company's employees.
What other stocks do shareholders of Omnicom Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Omnicom Group investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), Intel (INTC), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Pfizer (PFE), International Business Machines (IBM), Walt Disney (DIS) and AbbVie (ABBV).
What is Omnicom Group's stock symbol?: Omnicom Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMC."
How do I buy shares of Omnicom Group?: Shares of OMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Omnicom Group's stock price today?: One share of OMC stock can currently be purchased for approximately $74.48.
How much money does Omnicom Group make?: Omnicom Group (NYSE:OMC) has a market capitalization of $14.72 billion and generates $14.29 billion in revenue each year. The business services provider earns $1.32 billion in net income (profit) each year or $6.79 on an earnings per share basis.
How many employees does Omnicom Group have?: The company employs 74,200 workers across the globe.
Does Omnicom Group have any subsidiaries?: The following companies are subsidiares of Omnicom Group: 180 Amsterdam, ASA Holdings, Aaron Walton Entertainment, Abbott Mead Vickers Group Ltd., Agency.com, Antoni, Arnell Group, BBDO Worldwide Inc, BBDO Worldwide Inc., Changing Our World, Cone, Credera, DAS Holdings Inc, DAS Holdings Inc., DDB Worldwide Communications Group Inc., DDB Worldwide Communications Group LLC, Evb, Fleishman-Hillard, Grizzard Communications Group, Integrated Merchandising Systems LLC, Ketchum Communications Holdings, Marina Maher Communications, Oliver Schrott Kommunikation, Omnicom APIMA Holdings Limited, Omnicom Capital Inc, Omnicom Europe Limited, Omnicom Finance Holdings plc, Omnicom Group (Asia Pacific) Pte. Ltd., Omnicom Group Asia Pacific Pte Ltd, Omnicom Media Group Holdings Inc, Omnicom Media Group Holdings Inc., Organic, Rabin Martin, Rodgers Townsend, Sales Power, Schechter Group, Serino Coyne, Shift Technologies, Signature Graphics, Stratcom Communique, TBWA Worldwide Inc, TBWA Worldwide Inc., The DDB Mudra Group, Tudhope Associates, and Unisono Fieldmarketing Shanghai.
Read More
How can I contact Omnicom Group?: Omnicom Group's mailing address is 437 MADISON AVENUE, NEW YORK NY, 10022. The official website for the company is www.omnicomgroup.com. The business services provider can be reached via phone at (212) 415-3600, via email at ir@omnicomgroup.com, or via fax at 212-415-3530.

This page (NYSE:OMC) was last updated on 10/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial