Earnings OutlookAnalysts have raised their earnings per share estimates for Marsh & McLennan Companies, signaling confidence in the company's growth prospects and financial health.
Financial PerformanceMarsh & McLennan Companies showcases a robust financial performance with organic growth re-accelerating and an optimistic margin expansion outlook.
Market ConditionsMarsh & McLennan Companies stand to gain from favorable macroeconomic conditions, including sustained higher interest rates and an uptick in casualty pricing.
Bears Say
Earnings ForecastEarnings per share (EPS) estimates remain below Visible Alpha Consensus Data for the years 2025/2026.
Growth ConcernsMMC is expected to see lower organic revenue as the economy slows, which would impact their consulting business.
Market PerceptionAnalyst maintains Sell rating despite increasing the target price slightly, indicating a potential -2% total return.
What was Marsh & Mclennan Companies’s price range in the past 12 months?
Marsh & Mclennan Companies lowest stock price was €157.56 and its highest was €191.23 in the past 12 months.
What is Marsh & Mclennan Companies’s market cap?
Currently, no data Available
When is Marsh & Mclennan Companies’s upcoming earnings report date?
Marsh & Mclennan Companies’s upcoming earnings report date is Jul 18, 2024 which is in 72 days.
How were Marsh & Mclennan Companies’s earnings last quarter?
Marsh & Mclennan Companies released its earnings results on Apr 18, 2024. The company reported €2.697 earnings per share for the quarter, beating the consensus estimate of €2.614 by €0.083.
Marsh & Mclennan Companies pays a Quarterly dividend of €0.66 which represents an annual dividend yield of 1.42%. See more information on Marsh & Mclennan Companies dividends here
What is Marsh & Mclennan Companies’s EPS estimate?
Marsh & Mclennan Companies’s EPS estimate is €2.24.
How many shares outstanding does Marsh & Mclennan Companies have?
Marsh & Mclennan Companies has 492,724,030 shares outstanding.
What happened to Marsh & Mclennan Companies’s price movement after its last earnings report?
Marsh & Mclennan Companies reported an EPS of €2.697 in its last earnings report, beating expectations of €2.614. Following the earnings report the stock price went down -0.244%.
Which hedge fund is a major shareholder of Marsh & Mclennan Companies?
Among the largest hedge funds holding Marsh & Mclennan Companies’s share is Longview Partners (Guernsey) Ltd. It holds Marsh & Mclennan Companies’s shares valued at 586M.
Marsh & McLennan Companies, Inc. is a professional services company offering risk consulting, risk and insurance services, and employee benefits consulting services to clients worldwide. Under its Marsh and Guy Carpenter brands, it offers risk management, insurance and reinsurance broking and services. The Consulting division involves offering specialized management, economic and brand consulting services, andhealth, wealth & career services & products. The business unit runs under the Mercer and Oliver Wyman Group brands.
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