FY2025 Earnings Estimate for MMC Issued By Cantor Fitzgerald

Key Points

• Analysts at Cantor Fitzgerald have raised their FY2025 EPS estimate for Marsh & McLennan Companies to $9.71, reflecting an increase from the previous estimate of $9.49, with a price target of $256.00.
• In its most recent quarterly earnings report, Marsh & McLennan reported $1.85 EPS, exceeding consensus estimates of $1.78, alongside revenue of $6.35 billion, representing an 11.5% increase from the previous year.
• The company also declared a quarterly dividend of $0.90, to be paid on November 14th, which translates to an annualized dividend yield of 1.9%.

Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) - Investment analysts at Cantor Fitzgerald increased their FY2025 earnings per share (EPS) estimates for Marsh & McLennan Companies in a research report issued to clients and investors on Tuesday, October 21st. Cantor Fitzgerald analyst R. Tunis now anticipates that the financial services provider will earn $9.71 per share for the year, up from their prior estimate of $9.49. Cantor Fitzgerald has a "Overweight" rating and a $256.00 price objective on the stock. The consensus estimate for Marsh & McLennan Companies' current full-year earnings is $9.61 per share.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.07. The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.34 billion. Marsh & McLennan Companies had a return on equity of 31.79% and a net margin of 15.60%.Marsh & McLennan Companies's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.63 earnings per share.

Other equities analysts also recently issued research reports about the company. Keefe, Bruyette & Woods upgraded Marsh & McLennan Companies from an "underperform" rating to a "market perform" rating and lowered their price target for the stock from $209.00 to $191.00 in a research report on Friday, October 17th. The Goldman Sachs Group upgraded Marsh & McLennan Companies from a "sell" rating to a "neutral" rating and decreased their target price for the company from $200.00 to $195.00 in a research report on Monday. Weiss Ratings restated a "hold (c+)" rating on shares of Marsh & McLennan Companies in a research report on Wednesday, October 8th. Wolfe Research started coverage on Marsh & McLennan Companies in a research report on Tuesday, September 16th. They issued a "peer perform" rating on the stock. Finally, UBS Group decreased their target price on Marsh & McLennan Companies from $258.00 to $257.00 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $234.07.

Marsh & McLennan Companies Stock Performance

Shares of MMC stock opened at $189.24 on Thursday. The company has a market capitalization of $92.71 billion, a P/E ratio of 22.69, a P/E/G ratio of 2.37 and a beta of 0.81. The business's 50 day moving average is $201.96 and its two-hundred day moving average is $213.18. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.19. Marsh & McLennan Companies has a 12-month low of $185.12 and a 12-month high of $248.00.

Marsh & McLennan Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Thursday, October 2nd will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, October 2nd. Marsh & McLennan Companies's dividend payout ratio (DPR) is currently 43.17%.

Insider Activity at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 21,079 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $205.65, for a total value of $4,334,896.35. Following the completion of the sale, the chief executive officer owned 87,681 shares of the company's stock, valued at approximately $18,031,597.65. This trade represents a 19.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.35% of the company's stock.

Institutional Investors Weigh In On Marsh & McLennan Companies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC increased its stake in Marsh & McLennan Companies by 51.2% during the fourth quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider's stock worth $1,856,000 after acquiring an additional 2,960 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of Marsh & McLennan Companies by 39.6% in the 4th quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider's stock valued at $651,000 after purchasing an additional 869 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Marsh & McLennan Companies by 32.0% in the 1st quarter. GAMMA Investing LLC now owns 6,211 shares of the financial services provider's stock valued at $1,516,000 after purchasing an additional 1,507 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Marsh & McLennan Companies by 0.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,564 shares of the financial services provider's stock valued at $3,066,000 after purchasing an additional 81 shares during the last quarter. Finally, Continuum Advisory LLC lifted its stake in shares of Marsh & McLennan Companies by 9.5% in the 1st quarter. Continuum Advisory LLC now owns 1,498 shares of the financial services provider's stock valued at $366,000 after purchasing an additional 130 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company's stock.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.