Omnicom Group (OMC) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Omnicom Group in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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.

11 brokerages have issued 12-month target prices for Omnicom Group's stock. Their OMC share price forecasts range from $86.00 to $109.00. On average, they predict the company's share price to reach $99.86 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts price targets for OMC or view top-rated stocks among Wall Street analysts.

Omnicom Group's stock was trading at $81.57 on January 1st, 2023. Since then, OMC shares have increased by 16.2% and is now trading at $94.80.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our OMC earnings forecast.

Omnicom Group Inc. (NYSE:OMC) posted its quarterly earnings data on Tuesday, April, 18th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.18. The business services provider earned $3.44 billion during the quarter, compared to the consensus estimate of $3.38 billion. Omnicom Group had a net margin of 9.57% and a trailing twelve-month return on equity of 41.72%. The company's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.39 EPS.
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Omnicom Group declared a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Friday, June 9th will be given a dividend of $0.70 per share on Friday, July 7th. This represents a $2.80 annualized dividend and a yield of 2.95%. The ex-dividend date is Thursday, June 8th.
Read our dividend analysis for OMC.

ETFs with the largest weight of Omnicom Group (NYSE:OMC) stock in their portfolio include Sound Equity Income ETF (SDEI), Invesco Dynamic Media ETF (PBS), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), WBI BullBear Yield 3000 ETF (WBIG), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Affinity World Leaders Equity ETF (WLDR), SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV) and AAM S&P 500 High Dividend Value ETF (SPDV).

Omnicom Group (NYSE:OMC) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.08%. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OMC will have a dividend payout ratio of 36.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OMC.

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.

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).

Omnicom Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMC."

Omnicom Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.02%), State Street Corp (5.50%), FIL Ltd (3.14%), Wellington Management Group LLP (2.96%), Charles Schwab Investment Management Inc. (2.50%) and Geode Capital Management LLC (2.25%). Insiders that own company stock include Andrew Castellaneta, James J Cotter Living Trust, John Wren, Linda Johnson Rice, Michael J Obrien and Rochelle M Tarlowe.
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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.
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One share of OMC stock can currently be purchased for approximately $94.80.

Omnicom Group (NYSE:OMC) has a market capitalization of $18.91 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 $6.65 on an earnings per share basis.

The company employs 74,200 workers across the globe.

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.