Omnicom Group (NYSE:OMC – Get Free Report) issued its quarterly earnings results on Tuesday. The business services provider reported $2.03 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.01, RTT News reports. Omnicom Group had a return on equity of 37.51% and a net margin of 9.55%. During the same quarter in the prior year, the business posted $1.86 EPS.
Omnicom Group Price Performance
Shares of OMC opened at $104.02 on Wednesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.81 and a current ratio of 0.93. Omnicom Group has a fifty-two week low of $73.28 and a fifty-two week high of $105.36. The firm has a 50-day simple moving average of $99.55 and a 200-day simple moving average of $95.07. The company has a market capitalization of $20.37 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 2.39 and a beta of 0.94.
Omnicom Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 20th were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.80 dividend on an annualized basis and a yield of 2.69%. Omnicom Group’s dividend payout ratio is presently 37.84%.
Analyst Ratings Changes
Get Our Latest Research Report on Omnicom Group
Insider Activity at Omnicom Group
In other Omnicom Group news, Director Linda Johnson Rice sold 488 shares of the company’s stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $90.88, for a total transaction of $44,349.44. Following the completion of the sale, the director now directly owns 10,356 shares of the company’s stock, valued at $941,153.28. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Rochelle M. Tarlowe sold 3,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $99.17, for a total transaction of $297,510.00. Following the transaction, the vice president now directly owns 15,375 shares in the company, valued at $1,524,738.75. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Linda Johnson Rice sold 488 shares of the firm’s stock in a transaction dated Friday, July 19th. The shares were sold at an average price of $90.88, for a total transaction of $44,349.44. Following the completion of the sale, the director now owns 10,356 shares of the company’s stock, valued at approximately $941,153.28. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.
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.
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