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 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; and insurance program management services.
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Industry, Sector and Symbol
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
Phone212-345-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.95 billion
Profitability
Miscellaneous
Employees65,000
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
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 Friday, May 17th. Investors of record on Thursday, July 11th will be given a dividend of $0.455 per share on Thursday, August 15th. This represents a $1.82 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, July 10th. This is a boost from Marsh & McLennan Companies's previous quarterly dividend of $0.42. View Marsh & McLennan Companies' Dividend History.
How were Marsh & McLennan Companies' earnings last quarter?
Marsh & McLennan Companies, Inc. (NYSE:MMC) released its quarterly earnings data on Tuesday, July, 30th. The financial services provider reported $1.18 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.13 by $0.05. The financial services provider had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. Marsh & McLennan Companies had a net margin of 9.45% and a return on equity of 29.72%. The company's revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.10 earnings per share. View Marsh & McLennan Companies' Earnings History.
When is Marsh & McLennan Companies' next earnings date?
What price target have analysts set for MMC?
10 Wall Street analysts have issued 1 year target prices for Marsh & McLennan Companies' shares. Their predictions range from $86.00 to $105.00. On average, they expect Marsh & McLennan Companies' share price to reach $97.7778 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Marsh & McLennan Companies.
What is the consensus analysts' recommendation for Marsh & McLennan Companies?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marsh & McLennan Companies in the last year. There are currently 1 sell rating, 7 hold ratings and 2 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 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 geographies, expand within the existing ones, foray into new businesses and also develop new segments. Its robust capital position, which is evident from its solid balance sheet and financial flexibility also impresses. However, in a year's time, its shares have underperformed its industry. Moreover, it has been suffering a low investment income phase for quite some time, which raises concern. Its operating expenses, having escalated over the last couple of years due to higher compensation and benefits, weigh on its margins. The company has also been witnessing a rise in its long-term leverage ratio, which raises financial risk." (7/1/2019)
- 2. Wells Fargo & Co analysts commented, "We believe the insurance brokers should show continued strong organic growth in Q3 and we believe those with the strongest growth and prospects for earnings estimates to be revised up are positioned to outperform. Top on the list to us is AJG as it is best positioned to beat organic growth expectations and the stock should positively respond. We have been getting the most questions on Willis of late – and our view is that it is hard to say with certainty that the Q2 organic slowdown is only a one quarter issue and we believe a big focus will be placed on the Q3 growth the company sees." (10/8/2018)
Has Marsh & McLennan Companies been receiving favorable news coverage?
Press coverage about MMC stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marsh & McLennan Companies earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Marsh & McLennan Companies.
Are investors shorting Marsh & McLennan Companies?
Marsh & McLennan Companies saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,841,300 shares, a decrease of 6.6% from the July 31st total of 5,184,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.0% of the shares of the company are sold short. View Marsh & McLennan Companies' Current Options Chain.
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 (ERIE), Ashmore Group (AJMPF), Fanhua (FANH), eHealth (EHTH), CorVel (CRVL), Goosehead Insurance (GSHD), Crawford & Company (CRD.A) and Crawford & Company (CRD.B).
What other stocks do shareholders of Marsh & McLennan Companies own?
Who are Marsh & McLennan Companies' key executives?
Marsh & McLennan Companies' management team includes the folowing people:
- Mr. Daniel S. Glaser, Pres, CEO & Director (Age 59)
- Mr. Mark Christopher McGivney, Chief Financial Officer (Age 51)
- Mr. Julio Alfonso Portalatin, Vice Chairman (Age 60)
- Mr. John Quinlan Doyle, Pres & CEO of Marsh LLC (Age 55)
- Mr. Peter C. Hearn, Pres & CEO of Guy Carpenter (Age 63)
Who are Marsh & McLennan Companies' major shareholders?
Marsh & McLennan Companies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.31%), BlackRock Inc. (8.31%), Vanguard Group Inc. (7.67%), Price T Rowe Associates Inc. MD (6.38%), Primecap Management Co. CA (1.70%) and Bank of America Corp DE (1.38%). Company insiders that own Marsh & McLennan Companies stock include Daniel S Glaser, E Scott Gilbert, Julio A Portalatin, Marc D Oken, Mark C Mcgivney, Peter C Hearn, Peter J Beshar, Scott Mcdonald and Stacy Mills. View Institutional Ownership Trends for Marsh & McLennan Companies.
Which institutional investors are selling Marsh & McLennan Companies stock?
MMC stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., BlackRock Inc., USS Investment Management Ltd, Cornerstone Investment Partners LLC, UBS Asset Management Americas Inc., Investec Asset Management LTD and Primecap Management Co. CA. Company insiders that have sold Marsh & McLennan Companies company stock in the last year include E Scott Gilbert, Mark C Mcgivney, Peter C Hearn, Peter J Beshar, Scott Mcdonald and Stacy Mills. View Insider Buying and Selling for Marsh & McLennan Companies.
Which institutional investors are buying Marsh & McLennan Companies stock?
MMC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AustralianSuper Pty Ltd, Vanguard Group Inc., Scout Investments Inc., First Trust Advisors LP, California Public Employees Retirement System, Carillon Tower Advisers Inc. and Invesco Ltd.. 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, Robinhood, Fidelity and Charles Schwab.
What is Marsh & McLennan Companies' stock price today?
One share of MMC stock can currently be purchased for approximately $100.03.
How big of a company is Marsh & McLennan Companies?
Marsh & McLennan Companies has a market capitalization of $50.65 billion and generates $14.95 billion in revenue each year. The financial services provider earns $1.65 billion in net income (profit) each year or $4.35 on an earnings per share basis. Marsh & McLennan Companies employs 65,000 workers across the globe.View Additional Information About Marsh & McLennan Companies.
What is Marsh & McLennan Companies' official website?
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.
