Marsh & McLennan Companies, Inc. (MMC)

NYSE: MMC · IEX Real-Time Price · USD
211.99
+1.74 (0.83%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.83%
Market Cap 104.62B
Revenue (ttm) 23.29B
Net Income (ttm) 3.92B
Shares Out 493.53M
EPS (ttm) 7.88
PE Ratio 26.90
Forward PE 23.54
Dividend $2.84 (1.34%)
Ex-Dividend Date Apr 3, 2024
Volume 1,554,339
Open 209.55
Previous Close 210.25
Day's Range 209.55 - 212.13
52-Week Range 183.81 - 216.89
Beta 0.93
Analysts Hold
Price Target 210.27 (-0.81%)
Earnings Date Jul 18, 2024

About MMC

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 through Risk and Insurance Services, and Consulting segments. 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 and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesse... [Read more]

Sector Financials
Founded 1871
Employees 85,000
Stock Exchange NYSE
Ticker Symbol MMC
Full Company Profile

Financial Performance

In 2023, MMC's revenue was $22.74 billion, an increase of 9.73% compared to the previous year's $20.72 billion. Earnings were $3.76 billion, an increase of 23.15%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $210.27, which is a decrease of -0.81% from the latest price.

Price Target
$210.27
(-0.81% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Marsh McLennan Agency Acquires AmeriStar Agency, Inc.

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AmeriStar Agency, Inc., a Wayzata, Minnesota-based independent agency. Terms of th...

10 hours ago - Business Wire

Marsh McLennan's Oliver Wyman Completes Acquisition of Veritas Total Solutions

HOUSTON , July 2, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced the completion of its acquisition of Veritas ...

11 hours ago - PRNewsWire

Marsh McLennan Agency Acquires Hudson Shore Group

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Hudson Shore Group, a leading public and private sector employee benefits broker b...

15 hours ago - Business Wire

The majority of US employers plan to maintain their current benefits in 2025, despite rising healthcare costs, says Mercer

NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in redefining the world of work, reshaping retirement and investment outcomes and unlocking real health ...

5 days ago - Business Wire

New Energy Risk, Westfield Syndicate Launch New Lloyd's Lineslip

AVON, Conn.--(BUSINESS WIRE)--Specialist managing general underwriter in the global energy transition, New Energy Risk (“NER”), a wholly owned division of Paragon Insurance Group, and leading insurer ...

6 days ago - Business Wire

Marsh McLennan Asia CEO discusses how clients are adjusting supply chains to new tariffs

David Jacob, CEO of the professional services firm, says the U.S.' use of tariffs as part of its trade policy arsenal is "part of the permacrisis that we live in."

6 days ago - CNBC International TV

Marsh McLennan to Host Second Quarter Earnings Investor Call on July 18

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, will announce second quarter financial results via news...

12 days ago - Business Wire

Marsh McLennan's Oliver Wyman to Acquire Veritas Total Solutions

HOUSTON , June 17, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), announced today that it has entered into an agreement to acq...

15 days ago - PRNewsWire

WSP Welcomes Martine Ferland to Its Board of Directors

MONTREAL, June 13, 2024 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce that Martine Ferland has been appointed to its Board of Directors and as a me...

19 days ago - GlobeNewsWire

Marsh McLennan Agency completes acquisition of Fisher Brown Bottrell Insurance, Inc.

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced that it has completed its previously announced agreement to acquire Jackson, Mississippi-based Fisher...

4 weeks ago - Business Wire

Marsh McLennan Agency Acquires Perkins Insurance Agencies

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of t...

4 weeks ago - Business Wire

Cyber Security, the Economy, and Regulatory Compliance Top Concerns for Mid-Market Leaders: Marsh McLennan Agency Report

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--According to a new report published today by Marsh McLennan Agency, a subsidiary of Marsh, US-based mid-market business leaders view cyber, economic, and regulator...

5 weeks ago - Business Wire

Generative AI Revolutionizes Summer Travel Planning, New Oliver Wyman Report Says

NEW YORK , May 24, 2024 /PRNewswire/ -- Generative artificial intelligence (AI) has rapidly gained traction in leisure travel transforming the way consumers approach vacation planning just in time for...

5 weeks ago - PRNewsWire

Marsh McLennan stockholders re-elect Board of Directors during 2024 meeting

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting...

6 weeks ago - Business Wire

Marsh McLennan launches AI-powered solution to transform supply chain risk management

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, today announced the launch of Sentrisk, a cutting-edge...

2 months ago - Business Wire

Marsh McLennan Agency acquires AC Risk Management

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AC Risk Management (ACRM), an independent commercial lines brokerage based in Melv...

2 months ago - Business Wire

Marsh McLennan's Mercer Announces Successful Fundraising for Private Investment Partners (PIP) VII, Closing With Nearly $4 Billion in Commitments

NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and a business of Marsh McLennan (NYSE: MMC), announced today the succ...

2 months ago - Business Wire

Marsh McLennan Agency to acquire Fisher Brown Bottrell Insurance, Inc.

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced that it has entered into a definitive agreement to acquire Fisher Brown Bottrell Insurance, Inc. (FBB...

2 months ago - Business Wire

More frequent and extreme weather events pose increasing risks to employee health and business performance

Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience CEOs acknowledge extreme weather wi...

Other symbols: HIG
2 months ago - PRNewsWire

Marsh McLennan CEO Sees Strong Demand for Services

Marsh McLennan President and CEO John Doyle discusses first-quarter results that beat expectations and where he sees potential for further margin expansion. -------- More on Bloomberg Television and M...

2 months ago - Bloomberg Markets and Finance

Marsh McLennan Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ...

2 months ago - Business Wire

Marsh McLennan's Reid Sawyer breaks down the shipping risks from the middle east tensions

Reid Sawyer, Marsh McLennan head of the emerging risks group, joins 'Power Lunch' to discuss the insurance risk coming from the tension in the middle east.

2 months ago - CNBC Television

Three-Quarters of Insurers Invest in Private Markets or Plan to Do So as Firms Put Excess Cash to Work, According to Mercer-Oliver Wyman Global Insurance Survey

NEW YORK--(BUSINESS WIRE)--Mercer and Oliver Wyman, businesses of Marsh McLennan (NYSE: MMC), today released their 2024 Global Insurance Survey. Drawing on insights of more than 80 insurers globally, ...

2 months ago - Business Wire

Oliver Wyman Combines CAVOK and SeaTec Consulting Under New Name - Oliver Wyman Vector

NEW YORK , April 8, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting, and a business of Marsh McLennan (NYSE:MMC) today announced the new name for the combination of legacy ...

3 months ago - PRNewsWire

Marsh McLennan to Host First Quarter Earnings Investor Call on April 18

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news ...

3 months ago - Business Wire