FY2024 EPS Estimates for Omnicom Group Inc. (NYSE:OMC) Boosted by Analyst

Omnicom Group Inc. (NYSE:OMC) – Equities research analysts at Zacks Research raised their FY2024 earnings per share estimates for Omnicom Group in a research report issued on Tuesday, April 16th. Zacks Research analyst S. Dey now anticipates that the business services provider will earn $7.55 per share for the year, up from their prior forecast of $7.54. The consensus estimate for Omnicom Group’s current full-year earnings is $7.73 per share. Zacks Research also issued estimates for Omnicom Group’s Q2 2025 earnings at $2.04 EPS, Q3 2025 earnings at $2.04 EPS, Q4 2025 earnings at $2.30 EPS, FY2025 earnings at $8.14 EPS, Q1 2026 earnings at $2.01 EPS and FY2026 earnings at $8.81 EPS.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings results on Tuesday, April 16th. The business services provider reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.15. The business had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.58 billion. Omnicom Group had a return on equity of 39.07% and a net margin of 9.47%.

Several other equities research analysts also recently weighed in on OMC. UBS Group initiated coverage on Omnicom Group in a report on Thursday, January 11th. They issued a “buy” rating and a $117.00 price target on the stock. BNP Paribas raised Omnicom Group from a “neutral” rating to an “outperform” rating and set a $115.00 price objective for the company in a research report on Thursday, March 28th. Wells Fargo & Company raised Omnicom Group from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $91.00 to $106.00 in a research report on Wednesday. Barclays lifted their price objective on Omnicom Group from $95.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Finally, JPMorgan Chase & Co. lifted their price target on Omnicom Group from $104.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Omnicom Group has a consensus rating of “Moderate Buy” and a consensus price target of $104.56.

Omnicom Group Stock Performance

NYSE OMC opened at $92.45 on Wednesday. The firm has a market cap of $18.23 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 2.17 and a beta of 0.97. The company has a quick ratio of 0.86, a current ratio of 0.95 and a debt-to-equity ratio of 1.16. The business has a 50-day moving average price of $91.25 and a 200-day moving average price of $85.14. Omnicom Group has a twelve month low of $72.20 and a twelve month high of $99.23.

Omnicom Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Monday, March 11th will be paid a dividend of $0.70 per share. The ex-dividend date is Friday, March 8th. This represents a $2.80 annualized dividend and a dividend yield of 3.03%. Omnicom Group’s dividend payout ratio is presently 40.46%.

Insider Activity

In related news, Director Linda Johnson Rice sold 507 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $86.66, for a total transaction of $43,936.62. Following the completion of the sale, the director now directly owns 9,753 shares of the company’s stock, valued at approximately $845,194.98. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Omnicom Group

Several institutional investors and hedge funds have recently bought and sold shares of OMC. HHM Wealth Advisors LLC bought a new stake in Omnicom Group during the fourth quarter worth approximately $26,000. Frazier Financial Advisors LLC bought a new position in shares of Omnicom Group during the 4th quarter valued at $26,000. Carolinas Wealth Consulting LLC raised its holdings in shares of Omnicom Group by 1,805.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 324 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 307 shares in the last quarter. Pinnacle Bancorp Inc. grew its stake in Omnicom Group by 61.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 328 shares of the business services provider’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. Finally, KB Financial Partners LLC grew its stake in Omnicom Group by 1,326.1% in the 2nd quarter. KB Financial Partners LLC now owns 328 shares of the business services provider’s stock valued at $31,000 after buying an additional 305 shares during the last quarter. Institutional investors and hedge funds own 91.97% of the company’s stock.

About Omnicom Group

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.