Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. 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, reinsurance broking, catastrophe and financial modeling, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. The company was founded in 1871 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
SymbolNYSE:MMC
CUSIP57174810
Phone212-345-5000
Debt
Debt-to-Equity Ratio0.75
Current Ratio1.46
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio21.12
Forward P/E Ratio19.26
P/E Growth1.54
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales2.98
Cash Flow$4.9169 per share
Price / Cash16.84
Book Value$14.58 per share
Price / Book5.68
Profitability
EPS (Most Recent Fiscal Year)$3.92
Net Income$1.49 billion
Net Margins11.13%
Return on Equity29.26%
Return on Assets10.76%
Miscellaneous
Employees65,000
Outstanding Shares504,980,000
Market Cap$41.92 billion
Marsh & McLennan Companies (NYSE:MMC) Frequently Asked Questions
What is Marsh & McLennan Companies' stock symbol?
Marsh & McLennan Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMC."
How often does Marsh & McLennan Companies pay dividends? What is the dividend yield for Marsh & McLennan Companies?
Marsh & McLennan Companies announced a quarterly dividend on Thursday, May 17th. Stockholders of record on Wednesday, July 11th will be given a dividend of $0.415 per share on Wednesday, August 15th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Tuesday, July 10th. This is a positive change from Marsh & McLennan Companies's previous quarterly dividend of $0.38. View Marsh & McLennan Companies' Dividend History.
How were Marsh & McLennan Companies' earnings last quarter?
Marsh & McLennan Companies, Inc. (NYSE:MMC) released its quarterly earnings results on Thursday, July, 26th. The financial services provider reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by $0.01. The financial services provider earned $3.73 billion during the quarter, compared to analysts' expectations of $3.72 billion. Marsh & McLennan Companies had a return on equity of 29.26% and a net margin of 11.13%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. View Marsh & McLennan Companies' Earnings History.
When is Marsh & McLennan Companies' next earnings date?
What price target have analysts set for MMC?
11 brokerages have issued 12-month price objectives for Marsh & McLennan Companies' shares. Their predictions range from $83.00 to $103.00. On average, they anticipate Marsh & McLennan Companies' share price to reach $91.20 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Marsh & McLennan Companies.
What is the consensus analysts' recommendation for Marsh & McLennan Companies?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marsh & McLennan Companies in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marsh & McLennan Companies.
What are Wall Street analysts saying about Marsh & McLennan Companies stock?
Here are some recent quotes from research analysts about Marsh & McLennan Companies stock:
- 1. According to Zacks Investment Research, "Marsh & McLennan’s shares have underperformed its industry year to date. Its exposure to currency volatility due to wide international presence raises a concern. Also, the high costs and low investment income of the company remains a headwind. It is well-poised to grow on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and also develop new segments." (7/25/2018)
- 2. Wells Fargo & Co analysts commented, "We maintain our Neutral rating. Key Points: Reported Results: AMERISAFE reported 3Q17 operating EPS of $0.87 versus our estimate of $0.79 and consensus of $0.78. The beat was largely due to stronger-than-expected underwriting results. Operating ROE was 13.8%. Underwriting Ratios: The combined ratio was an excellent 81.4%, 2.5 points better than we expected. Both the loss ratio and expense ratio outperformed our expectations. Loss reserves developed favorably by 12 percentage points, or $0.35 per share after tax ($0.04 per share higher than we expected)." (10/26/2017)
Who are some of Marsh & McLennan Companies' key competitors?
Some companies that are related to Marsh & McLennan Companies include Allianz (AZSEY), KERING S A/ADR (PPRUY), AON (AON), Willis Towers Watson (WLTW), Arthur J Gallagher & Co (AJG), AXA Equitable (EQH), Brown & Brown (BRO), Erie Indemnity Company Class A (ERIE), Ashmore Group (AJMPF), Fanhua (FANH), CorVel (CRVL), AA (AATDF), Health Insurance Innovations (HIIQ), eHealth (EHTH) and Crawford & Company Class B (CRD.B).
Who are Marsh & McLennan Companies' key executives?
Marsh & McLennan Companies' management team includes the folowing people:
- Mr. Daniel S. Glaser, Pres, CEO & Director (Age 58)
- Mr. Mark Christopher McGivney, Chief Financial Officer (Age 50)
- Mr. Peter J. Beshar, Exec. VP & Gen. Counsel (Age 56)
- Mr. Julio Alfonso Portalatin, Pres & CEO of Mercer Consulting Group Inc. (Age 59)
- Mr. John Quinlan Doyle, Pres & CEO of Marsh LLC (Age 54)
Has Marsh & McLennan Companies been receiving favorable news coverage?
News articles about MMC stock have been trending somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 47.42 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Marsh & McLennan Companies.
Who are Marsh & McLennan Companies' major shareholders?
Marsh & McLennan Companies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.64%), Macquarie Group Ltd. (1.56%), Artisan Partners Limited Partnership (1.56%), Bank of America Corp DE (1.26%), FMR LLC (1.16%) and Bank of New York Mellon Corp (0.84%). Company insiders that own Marsh & McLennan Companies stock include Alexander S Moczarski, Daniel S Glaser, E Scott Gilbert, Julio A Portalatin, Laurie Ledford, Marc D Oken, Mark C Mcgivney, Peter J Beshar, Peter Zaffino, Robert J Rapport, Scott Mcdonald and Stacy Mills. View Institutional Ownership Trends for Marsh & McLennan Companies.
Which major investors are selling Marsh & McLennan Companies stock?
MMC stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Glenmede Trust Co. NA, OppenheimerFunds Inc., Russell Investments Group Ltd., Sawgrass Asset Management LLC, FMR LLC, Boston Partners and Canada Pension Plan Investment Board. Company insiders that have sold Marsh & McLennan Companies company stock in the last year include Daniel S Glaser, E Scott Gilbert, Julio A Portalatin, Mark C Mcgivney, Peter J Beshar, Scott Mcdonald and Stacy Mills. View Insider Buying and Selling for Marsh & McLennan Companies.
Which major investors are buying Marsh & McLennan Companies stock?
MMC stock was purchased by a variety of institutional investors in the last quarter, including Unigestion Holding SA, American Century Companies Inc., Cornerstone Investment Partners LLC, Tesco Pension Investment Ltd, Caisse DE Depot ET Placement DU Quebec, California Public Employees Retirement System, Investec Asset Management LTD and Bank of America Corp DE. View Insider Buying and Selling for Marsh & McLennan Companies.
How do I buy shares of Marsh & McLennan Companies?
Shares of MMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marsh & McLennan Companies' stock price today?
One share of MMC stock can currently be purchased for approximately $82.80.
How big of a company is Marsh & McLennan Companies?
Marsh & McLennan Companies has a market capitalization of $41.92 billion and generates $14.02 billion in revenue each year. The financial services provider earns $1.49 billion in net income (profit) each year or $3.92 on an earnings per share basis. Marsh & McLennan Companies employs 65,000 workers across the globe.
How can I contact Marsh & McLennan Companies?
Marsh & McLennan Companies' mailing address is 1166 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The financial services provider can be reached via phone at 212-345-5000 or via email at [email protected]
MarketBeat Community Rating for Marsh & McLennan Companies (NYSE MMC)
MarketBeat's community ratings are surveys of what our community members think about Marsh & McLennan Companies and other stocks. Vote "Outperform" if you believe MMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
