Marsh & McLennan Companies, Inc. (MMC)
| Market Cap | 109.01B |
| Revenue (ttm) | 23.95B |
| Net Income (ttm) | 4.03B |
| Shares Out | 491.12M |
| EPS (ttm) | 8.11 |
| PE Ratio | 27.38 |
| Forward PE | 24.27 |
| Dividend | $3.26 (1.47%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 918,678 |
| Open | 222.47 |
| Previous Close | 220.73 |
| Day's Range | 220.15 - 222.58 |
| 52-Week Range | 184.28 - 232.32 |
| Beta | 0.94 |
| Analysts | Hold |
| Price Target | 223.56 (+0.72%) |
| Earnings Date | Oct 17, 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]
Financial Performance
In 2023, Marsh & McLennan'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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $223.56, which is an increase of 0.72% from the latest price.
News
Employers Enhanced Health Benefits in 2024, Adding Coverage for Weight-Loss Medications and IVF Despite Growing Health Costs, Mercer Survey Finds
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and ...
RMA's Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025
CHICAGO--(BUSINESS WIRE)--ProSight Financial Association has announced the results of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. ProSight, formed from this year's merger of RMA (Ri...
Marsh McLennan Completes Acquisition of McGriff Insurance Services
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquis...
Marsh McLennan Announces Pricing of $7.25 Billion Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $950 million aggregate principal amount of its 4.550% Senior Notes due 2027, $1,000 million agg...
These Analysts Boost Their Forecasts On Marsh & McLennan Following Upbeat Earnings
Marsh & McLennan MMC reported better-than-expected third-quarter earnings on Thursday.
Marsh & McLennan Companies, Inc. (MMC) Q3 2024 Earnings Call Transcript
Marsh & McLennan Companies, Inc. (NYSE:MMC) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants John Doyle - President and CEO Mark McGivney - CFO Nick Studer - Presiden...
Marsh McLennan Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today reported financial results for the third quarter ended September 30, 2024. John Doyle, Presid...
Mercer CFA Institute Global Pension Index 2024 Highlights Need for Retirement System Improvements Given Falling Birth Rates and Increasing Longevity
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and ...
Expansion of Paid Leave Mandates Creates Compliance Complexity for Employers, Says Mercer
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and ...
Marsh McLennan strikes $7.75 bln deal for McGriff Insurance Services
Insurance brokerage Marsh McLennan said on Monday it has agreed to buy smaller rival McGriff Insurance Services for $7.75 billion.
Marsh McLennan to Acquire McGriff Insurance Services
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today announced that it has reached an agreement through its Marsh McLennan Agency business to acqu...
New Report by WeBank and Oliver Wyman Reveals Development and Innovation Trends of Global Digital Banks
SHENZHEN, China , Sept. 26, 2024 /PRNewswire/ -- China's first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled " Global Digita...
Marsh McLennan to host third quarter earnings investor call on October 17
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, will announce third quarter financial results via news release on Thursday, October 17, 2024, befor...
Marsh McLennan Declares Quarterly Cash Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on November 15, 2024 to sto...
Employers Expect Third Consecutive Year of Health Benefit Cost Increases Above 5% in 2025, According to Mercer
NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance heal...
Aon and Marsh McLennan Call on (Re)insurance Industry to Aid Ukraine's Resilience
MONTE CARLO, Monaco--(BUSINESS WIRE)--Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help U...
Aon and Marsh McLennan call on (re)insurance industry to aid Ukraine's resilience
- The firms emphasized that the removal of blanket exclusions would catalyze Ukraine's growth and future reconstruction MONTE CARLO , Sept. 8, 2024 /PRNewswire/ -- Aon and Marsh McLennan today ca...
Marsh McLennan and Zurich Urge Public-Private Action to Bridge Cyber Protection Gap and Boost Resilience
NEW YORK--(BUSINESS WIRE)--A new whitepaper from Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, and Zurich Insurance Group (SWX: ...
Mercer Projects a Deficit of Over 100,000 Healthcare Workers in the US by 2028, Worsening Health Disparities and Impacting Patient Care
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and ...
Mercer Wise 401(k) and Mercer Wise Pooled Employer Plan Surpass $3.5 Billion in US Plan Assets
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work, and enhance health and...
Marsh & McLennan: Hedge For An Uncertain Geopolitical Environment
MMC is the leader in a defensive, mission-critical industry. The company helps clients hedge complex risks with their specialized knowledge and insights, which creates a moat. This combination creates...
Marsh McLennan Agency Completes Acquisition of The Horton Group, Inc.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insura...
Marsh & McLennan Stock Slips After Its Sales, Earnings Miss Estimates
Marsh & McLennan Cos, (MMC) reported second-quarter sales and earnings that missed Wall Street's estimates before the opening bell Thursday, sending the professional services firm's shares lower.
Marsh & McLennan Companies, Inc. (MMC) Q2 2024 Earnings Call Transcript
Marsh & McLennan Companies, Inc. (NYSE:MMC) Q2 2024 Earnings Call Transcript July 18, 2024 8:30 AM ET Company Participants John Doyle - President and CEO Mark McGivney - CFO Nick Studer - President &...
6 Upcoming Dividend Increases Including A King
Six new dividend increases, including Lowe's with a 4.5% increase, extending its 62-year streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks...