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Marsh & Mclennan Companies (MMC)
NYSE:MMC
Marsh & Mclennan Companies (MMC) Stock Price & Analysis
591 Followers
MMC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$169.01 - $209.83
Previous Close$209.14
Volume1.90M
Average Volume (3M)1.59M
Market Cap
$103.05B
Enterprise Value$104.88B
Total Cash (Recent Filing)$1.45B
Total Debt (Recent Filing)$3.08B
Price to Earnings (P/E)26.6
Beta0.80
Next Earnings
Jul 18, 2024EPS Estimate
$2.4Last Dividend Ex-Date
Apr 03, 2024Dividend Yield1.38%
Share Statistics
EPS (TTM)7.87
Shares Outstanding492,724,025
10 Day Avg. Volume1,104,104
30 Day Avg. Volume1,585,383
Standard Deviation0.06
R-Squared0.64
Alpha0.00629
Financial Highlights & Ratios
Price to Book (P/B)-13.43
Price to Sales (P/S)18.30
Price to Cash Flow (P/CF)-32.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.50
Enterprise Value/Gross Profit4.61
Enterprise Value/Ebitda24.80
Forecast
1Y Price Target
$212.50Price Target Upside1.61% Upside
Rating ConsensusHold
Number of Analyst Covering13
Marsh & Mclennan Companies News
Bulls Say, Bears Say
Bulls Say
Earnings ForecastAnalysts have increased their 2024/25 EPS estimates for Marsh & McLennan Companies by +2%/+2%, reflecting the first quarter beat and higher fiduciary income expectations.
Financial PerformanceMarsh & McLennan Companies outperformed with organic growth re-accelerating and a positive margin expansion outlook for the remainder of the year.
Market ConditionsPotential upside for Marsh & McLennan Companies from better macro conditions, sustained higher interest rates, and acceleration in casualty pricing.
Bears Say
Earnings ForecastEarnings per share (EPS) estimates remain below Visible Alpha Consensus Data for the years 2025/2026.
Financial PerformanceLower margin expectations are due to lower fiduciary investment income and other factors.
Market OutlookMMC is expected to see lower organic revenue as the economy slows, which would impact their consulting business.
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Ownership Overview
1.09% Insiders
32.29% Mutual Funds
45.92% Other Institutional Investors
20.70% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MMC FAQ
What was Marsh & Mclennan Companies’s price range in the past 12 months?
Marsh & Mclennan Companies lowest stock price was $169.00 and its highest was $209.83 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 62 days.
How were Marsh & Mclennan Companies’s earnings last quarter?
Marsh & Mclennan Companies released its earnings results on Apr 18, 2024. The company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.801 by $0.089.
Is Marsh & Mclennan Companies overvalued?
According to Wall Street analysts Marsh & Mclennan Companies’s price is currently Undervalued.
Does Marsh & Mclennan Companies pay dividends?
Marsh & Mclennan Companies pays a Quarterly dividend of $0.71 which represents an annual dividend yield of 1.38%. See more information on Marsh & Mclennan Companies dividends here
What is Marsh & Mclennan Companies’s EPS estimate?
Marsh & Mclennan Companies’s EPS estimate is $2.4.
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 $2.89 in its last earnings report, beating expectations of $2.801. Following the earnings report the stock price went up 2.08%.
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.
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Marsh & Mclennan Companies Stock Smart Score
Neutral
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$212.50 (1.61% Upside)
$212.50 (1.61% Upside)
Blogger Sentiment
Bullish
MMC Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.83%
12-Months-Change
Fundamentals
Return on Equity
33.55%
Trailing 12-Months
Asset Growth
38.46%
Trailing 12-Months
Company Description
Marsh & Mclennan Companies
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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MMC Earnings Call
Q1 2024
0:00 / 0:00
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MMC Revenue Breakdown
61.97% Risk and Insurance Services
38.30% Consulting
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MMC Stock 12 Month Forecast
Average Price Target
$212.50
▲(1.61% Upside)
Technical Analysis
Best Analysts Covering MMC
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+12.55%
reiterated a buy rating 26 days ago
Copying Brian Meredith's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +12.55% per trade.
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