E Daily Stock Analysis: Omnicom Group
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Omnicom Group Inc has the ticker symbol OMC and is a member of the Communication Services sector as an advertising agency company. This is my fourth report on Omnicom Group Inc for my Vista Portfolio. My most recent past report was on January 26th.
Omnicom is the world's second-largest advertising holding company, based on annual revenue.
The American firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 85% of its revenue coming from more developed regions such as North America and Europe.
The company was incorporated in 1944 and is based in New York, New York.
Three key data points gauge dividend equities or funds like Omnicom Group Inc:
(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether a company has made, is making, and will make money.
OMC Price
Omnicom Group Inc's price per share closed at $75.50 yesterday. One year ago its price was $49.51. Price per share has increased 52.5% from the midst of the COVID market slump.
Should Omnicom Group Inc's stock trade in the range of $50 to $80 this year, its recent $75.50 price might fall by $5.50 to reach $70.00 by March 23, 2022. My estimate is $4.00 below that of thirteen analysts tracking OMC.
OMC Dividends
Omnicom Group Inc's most recently declared quarterly dividend was $0.70 payable on April 8th. Dividends are estimated to total $2.80 per share annually and yield 3.71% at yesterday's $75.50 closing price. OMC has paid annually increasing dividends for twelve years.
OMC Returns
Adding the $2.80 annual OMC anticipated dividend to my negative $5.50 price estimate shows a $2.70 potential gross loss, per share, to be further reduced by any costs to trade the shares.
Put little under $1,000.00 today in Omnicom Group Inc at $75.50 per share and we'd buy 13 shares of OMC stock.
A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.77 per share.
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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