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
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
SymbolNYSE:MMC
CUSIP57174810
Phone212-345-5000
Debt
Debt-to-Equity Ratio0.72
Current Ratio1.52
Quick Ratio1.52
Price-To-Earnings
Trailing P/E Ratio20.64
Forward P/E Ratio18.62
P/E Growth1.52
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales2.92
Cash Flow$4.8310 per share
Price / Cash16.69
Book Value$14.58 per share
Price / Book5.53
Profitability
EPS (Most Recent Fiscal Year)$3.92
Net Income$1.49 billion
Net Margins11.11%
Return on Equity29.38%
Return on Assets10.77%
Miscellaneous
Employees65,000
Outstanding Shares507,380,000
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. Shareholders of record on Wednesday, July 11th will be paid a dividend of $0.415 per share on Wednesday, August 15th. This represents a $1.66 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Tuesday, July 10th. This is an increase 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) issued its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $1.38 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.08. The financial services provider earned $4 billion during the quarter, compared to analysts' expectations of $3.87 billion. Marsh & McLennan Companies had a return on equity of 29.38% and a net margin of 11.11%. The company's quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.08 EPS. 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 12-month target prices for Marsh & McLennan Companies' shares. Their forecasts range from $80.00 to $103.00. On average, they expect Marsh & McLennan Companies' stock price to reach $89.6667 in the next twelve months. 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 for growth 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 develop new segments. It is expected to benefit from its strong capital management and expense control initiatives. Although the shares have underperformed the industry in a year’s time, its strong fundamentals are expected to drive the shares higher going forward. It has also seen the Zacks Consensus Estimate for 2018 earnings being revised upward in the last 60 days. Nevertheless, exposure to currency volatility due to high international presence raises concern. Its effective capital management via share buybacks and dividend payment is impressive." (4/4/2018)
- 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), AA (AATDF), CorVel (CRVL), Health Insurance Innovations (HIIQ), Crawford & Company Class B (CRD.B) and Crawford & Company Class A (CRD.A).
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 stories about MMC stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marsh & McLennan Companies earned a coverage optimism score of 0.15 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 44.68 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Marsh & McLennan Companies' major shareholders?
Marsh & McLennan Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.64%), Artisan Partners Limited Partnership (1.55%), Northern Trust Corp (1.29%), JPMorgan Chase & Co. (1.05%), Amundi Pioneer Asset Management Inc. (0.92%) and OppenheimerFunds Inc. (0.71%). 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 institutional investors are selling Marsh & McLennan Companies stock?
MMC stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Boston Partners, Swiss National Bank, Legal & General Group Plc, Wells Fargo & Company MN, Hancock Holding Co., FIL Ltd and Prudential Financial Inc.. 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 institutional investors are buying Marsh & McLennan Companies stock?
MMC stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., JPMorgan Chase & Co., OppenheimerFunds Inc., Artisan Partners Limited Partnership, Findlay Park Partners LLP, DekaBank Deutsche Girozentrale, Santa Barbara Asset Management LLC and Summit Trail Advisors LLC. 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 $80.63.
How big of a company is Marsh & McLennan Companies?
Marsh & McLennan Companies has a market capitalization of $41.76 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 (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.
