NYSE:MMCMarsh & McLennan Companies Stock Price, Forecast & News

Marsh & McLennan Companies' stock was trading at $98.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MMC stock has increased by 5.6% and is now trading at $104.50. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marsh & McLennan Companies in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Marsh & McLennan Companies.

Marsh & McLennan Companies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Marsh & McLennan Companies.

Marsh & McLennan Companies, Inc. (NYSE:MMC) released its quarterly earnings results on Thursday, April, 30th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.56 by $0.08. The financial services provider earned $4.65 billion during the quarter, compared to analysts' expectations of $4.66 billion. Marsh & McLennan Companies had a net margin of 10.33% and a return on equity of 30.94%. The company's quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.52 EPS. View Marsh & McLennan Companies' earnings history.

Marsh & McLennan Companies announced a quarterly dividend on Wednesday, March 11th. Shareholders of record on Wednesday, April 8th will be paid a dividend of $0.455 per share on Friday, May 15th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Tuesday, April 7th. View Marsh & McLennan Companies' dividend history.

Marsh & McLennan Companies declared that its Board of Directors has authorized a stock repurchase plan on Thursday, November 21st 2019, which authorizes the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

11 analysts have issued 12-month price targets for Marsh & McLennan Companies' stock. Their forecasts range from $99.00 to $125.00. On average, they anticipate Marsh & McLennan Companies' share price to reach $108.82 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View analysts' price targets for Marsh & McLennan Companies.

Media headlines about MMC stock have trended positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marsh & McLennan Companies earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMarsh & McLennan Companies.

Marsh & McLennan Companies saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,040,000 shares, a decrease of 6.5% from the April 30th total of 5,390,000 shares. Based on an average daily trading volume, of 2,770,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.0% of the shares of the stock are short sold. View Marsh & McLennan Companies' Current Options Chain.

Some companies that are related to Marsh & McLennan Companies include AON (AON), Arthur J Gallagher & Co (AJG), Brown & Brown (BRO), eHealth (EHTH) and Crawford & Company (CRD.B). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marsh & McLennan Companies investors own include Exxon Mobil (XOM), Endologix (ELGX), Chipotle Mexican Grill (CMG), Archer Daniels Midland (ADM), AT&T (T), American Express (AXP), AutoZone (AZO), Accenture (ACN), Athabasca Oil (ATH) and Charles Schwab (SCHW).

Marsh & McLennan Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMC."

Marsh & McLennan Companies' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.51%), State Street Corp (4.51%), Wellington Management Group LLP (4.17%), Capital International Investors (3.97%), Massachusetts Financial Services Co. MA (3.07%) and Capital World Investors (2.94%). Company insiders that own Marsh & McLennan Companies stock include E Scott Gilbert, Laurie Ledford, Mark C Mcgivney, Peter C Hearn, Peter J Beshar, Scott Mcdonald and Stacy Mills. View institutional ownership trends for Marsh & McLennan Companies.

MMC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Wellington Management Group LLP, State Street Corp, Primecap Management Co. CA, Donaldson Capital Management LLC, Caisse DE Depot ET Placement DU Quebec, Scout Investments Inc., and Bessemer Group Inc.. Company insiders that have sold Marsh & McLennan Companies company stock in the last year include Laurie Ledford, and Scott Mcdonald. View insider buying and selling activity for Marsh & McLennan Companies.

MMC stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, JPMorgan Chase & Co., BlackRock Inc., Nuveen Asset Management LLC, Janus Henderson Group PLC, Unigestion Holding SA, Jennison Associates LLC, and Mawer Investment Management Ltd.. View insider buying and selling activity for 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.

One share of MMC stock can currently be purchased for approximately $104.50.

Marsh & McLennan Companies has a market capitalization of $52.89 billion and generates $16.65 billion in revenue each year. The financial services provider earns $1.74 billion in net income (profit) each year or $4.66 on an earnings per share basis. Marsh & McLennan Companies employs 76,000 workers across the globe.

The official website for Marsh & McLennan Companies is www.mmc.com.

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]