NYSE:MMC - Marsh & McLennan Companies Stock Price, Forecast & News

Marsh & McLennan Companies' stock was trading at $98.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MMC stock has decreased by 16.4% and is now trading at $82.75. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marsh & McLennan Companies in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Marsh & McLennan Companies.

Marsh & McLennan Companies is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Marsh & McLennan Companies.

Marsh & McLennan Companies, Inc. (NYSE:MMC) announced its earnings results on Thursday, January, 30th. The financial services provider reported $1.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.18 by $0.01. The financial services provider had revenue of $4.26 billion for the quarter, compared to analyst estimates of $4.34 billion. Marsh & McLennan Companies had a return on equity of 29.72% and a net margin of 10.46%. The company's revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.09 earnings per share. View Marsh & McLennan Companies' earnings history.

Marsh & McLennan Companies declared a quarterly dividend on Wednesday, March 11th. Investors of record on Wednesday, April 8th will be given a dividend of $0.455 per share on Friday, May 15th. This represents a $1.82 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Tuesday, April 7th. View Marsh & McLennan Companies' dividend history.

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

8 equities research analysts have issued 1 year target prices for Marsh & McLennan Companies' shares. Their forecasts range from $98.00 to $130.00. On average, they anticipate Marsh & McLennan Companies' stock price to reach $110.38 in the next twelve months. This suggests a possible upside of 33.4% from the stock's current price. View analysts' price targets for Marsh & McLennan Companies.

News headlines about MMC stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marsh & McLennan Companies earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely 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 increase in short interest in March. As of March 13th, there was short interest totaling 6,091,200 shares, an increase of 16.0% from the February 27th total of 5,250,000 shares. Based on an average trading volume of 1,810,000 shares, the short-interest ratio is presently 3.4 days. Currently, 1.2% of the company's 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).

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), American Express (AXP), Athabasca Oil (ATH), AutoZone (AZO), AT&T (T), Charles Schwab (SCHW) and Accenture (ACN).

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

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 $82.75.

Marsh & McLennan Companies has a market capitalization of $41.70 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. View additional information about Marsh & McLennan Companies.

The official website for Marsh & McLennan Companies is http://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]