Marsh & McLennan Companies (MMC) Stock Price, News & Analysis

Company Overview

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

Key Stats

• Today's Range: $220.81 to $223.82
• 50-Day Range: $219.78 to $231.84
• 52-Week Range: $184.02 to $232.32
• Volume: 1.66 million shs
• Average Volume: 1.68 million shs
• Market Capitalization: $108.69 billion
• P/E Ratio: 27.25
• Dividend Yield: 1.47%
• Price Target: $225.33
• Consensus Rating: Hold

Marsh & McLennan Companies Stock Analysis - MarketRank™

Marsh & McLennan Companies scored higher than 96% of companies evaluated by MarketBeat, and ranked 58th out of 925 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Marsh & McLennan Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 11 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Marsh & McLennan Companies has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.28%

Earnings Growth

Earnings for Marsh & McLennan Companies are expected to grow by 8.28% in the coming year, from $8.70 to $9.42 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Marsh & McLennan Companies is 27.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Marsh & McLennan Companies is 27.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.28.

Price to Earnings Growth Ratio

Marsh & McLennan Companies has a PEG Ratio of 3.33. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Marsh & McLennan Companies has a P/B Ratio of 7.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.92% of the float of Marsh & McLennan Companies has been sold short.

Short Interest Ratio / Days to Cover

Marsh & McLennan Companies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Marsh & McLennan Companies has recently increased by 2.95%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Marsh & McLennan Companies pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Marsh & McLennan Companies has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Marsh & McLennan Companies is 40.15%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Marsh & McLennan Companies will have a dividend payout ratio of 34.61% next year. This indicates that Marsh & McLennan Companies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.44

Percentage of Shares Shorted

0.92% of the float of Marsh & McLennan Companies has been sold short.

Short Interest Ratio / Days to Cover

Marsh & McLennan Companies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Marsh & McLennan Companies has recently increased by 2.95%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.73

News Sentiment

Marsh & McLennan Companies has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Marsh & McLennan Companies this week, compared to 10 articles on an average week.

Search Interest

11 people have searched for MMC on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.

MarketBeat Follows

8 people have added Marsh & McLennan Companies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Marsh & McLennan Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,420,137.00 in company stock.

Percentage Held by Insiders

Only 0.30% of the stock of Marsh & McLennan Companies is held by insiders.

Percentage Held by Institutions

87.99% of the stock of Marsh & McLennan Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MMC Stock Analysis - Frequently Asked Questions

How have MMC shares performed this year?

Marsh & McLennan Companies' stock was trading at $189.47 at the beginning of the year. Since then, MMC stock has increased by 16.8% and is now trading at $221.31.
View the best growth stocks for 2024 here.

How were Marsh & McLennan Companies' earnings last quarter?

Marsh & McLennan Companies, Inc. (NYSE:MMC) announced its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $1.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.02. Marsh & McLennan Companies's revenue was up 5.9% compared to the same quarter last year.
Read the conference call transcript.

Does Marsh & McLennan Companies have any subsidiaries?

Marsh & McLennan Companies subsidiaries include Jardine Lloyd Thompson Group plc, Eustis Insurance & Benefits, Wortham Insurance & Risk Management, AD Corretora de Seguros, Bluefin, Jelf, Dawson Insurance, and more.

Who are Marsh & McLennan Companies' major shareholders?

Marsh & McLennan Companies' top institutional investors include Meridiem Investment Management Ltd. (0.29%), DekaBank Deutsche Girozentrale (0.24%), Raymond James & Associates (0.19%) and abrdn plc (0.13%). Insiders that own company stock include Oscar Fanjul, Mark C Mcgivney, Dean Michael Klisura, Paul Beswick, Martine Ferland, John Jude Jones, Stacy Mills, Martin South, Marc D Oken and Daniel S Glaser.
View institutional ownership trends.

How do I buy shares of Marsh & McLennan Companies?

Shares of MMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Marsh & McLennan Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Marsh & McLennan Companies investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 8/15 Dividend: 7/25/2024
• Dividend Payable: 8/15/2024
• Ex-Dividend for 11/15 Dividend: 10/04/2024
• Last Earnings: 10/17/2024
• Today: 10/26/2024
• Dividend Payable: 11/15/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance Brokers
• Current Symbol: NYSE:MMC
• CUSIP: 57174810
• CIK: 62709
• Web: www.mmc.com
• Phone: (212) 345-5000
• Fax: 408-523-1390
• Employees: 85,000
• Year Founded: 1871

Price Target and Rating

• Average Stock Price Target: $225.33
• High Stock Price Target: $259.00
• Low Stock Price Target: $201.00
• Potential Upside/Downside: +1.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.12
• Trailing P/E Ratio: 27.25
• Forward P/E Ratio: 25.44
• P/E Growth: 3.33
• Net Income: $3.76 billion
• Net Margins: 16.82%
• Pretax Margin: 23.05%
• Return on Equity: 32.65%
• Return on Assets: 8.82%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 1.14
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $22.74 billion
• Price / Sales: 4.78
• Cash Flow: $9.51 per share
• Price / Cash Flow: 23.28
• Book Value: $28.27 per share
• Price / Book: 7.83

Miscellaneous

• Outstanding Shares: 491,120,000
• Free Float: 489,649,000
• Market Cap: $108.69 billion
• Optionable: Optionable
• Beta: 0.94