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

Marsh & McLennan Companies' stock was trading at $98.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MMC shares have increased by 7.0% and is now trading at $105.89. 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 data on Thursday, April, 30th. The financial services provider reported $1.64 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.56 by $0.08. The financial services provider earned $4.65 billion during the quarter, compared to the consensus estimate of $4.66 billion. Marsh & McLennan Companies had a return on equity of 30.94% and a net margin of 10.33%. The firm's quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.52 EPS. View Marsh & McLennan Companies' earnings history.

Marsh & McLennan Companies declared a quarterly dividend on Wednesday, March 11th. Shareholders 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 1.72%. The ex-dividend date of this dividend is Tuesday, April 7th. View Marsh & McLennan Companies' dividend history.

Marsh & McLennan Companies declared that its Board of Directors has initiated a stock repurchase program 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 stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

11 brokers have issued twelve-month price targets for Marsh & McLennan Companies' stock. Their forecasts range from $99.00 to $125.00. On average, they anticipate Marsh & McLennan Companies' stock price to reach $108.82 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View analysts' price targets for Marsh & McLennan Companies.

News headlines about MMC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. 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 0.7 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutMarsh & McLennan Companies.

Marsh & McLennan Companies saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 5,040,000 shares, a drop of 6.5% from the April 30th total of 5,390,000 shares. Based on an average trading volume of 2,770,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 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 a number of retail and institutional investors. Top institutional investors 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 acquired 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 $105.89.

Marsh & McLennan Companies has a market capitalization of $53.59 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]