Marsh & McLennan Companies, Inc. (MMC)

NYSE: MMC · IEX Real-Time Price · USD
162.30
+0.95 (0.59%)
Mar 28, 2023, 4:03 PM EDT - Market closed
0.59%
Market Cap 80.27B
Revenue (ttm) 20.72B
Net Income (ttm) 3.05B
Shares Out 494.57M
EPS (ttm) 6.04
PE Ratio 26.87
Forward PE 23.15
Dividend $2.31 (1.42%)
Ex-Dividend Date Jan 25, 2023
Volume 1,098,876
Open 161.09
Previous Close 161.35
Day's Range 160.64 - 162.44
52-Week Range 143.33 - 183.14
Beta 0.92
Analysts Hold
Price Target 188.70 (+16.27%)
Earnings Date Apr 20, 2023

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 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 and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This s... [Read more]

Sector Financials
Founded 1871
Employees 86,000
Stock Exchange NYSE
Ticker Symbol MMC
Full Company Profile

Financial Performance

In 2022, MMC's revenue was $20.72 billion, an increase of 4.54% compared to the previous year's $19.82 billion. Earnings were $3.05 billion, a decrease of -2.96%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $188.7, which is an increase of 16.27% from the latest price.

Price Target
$188.7
(16.27% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Marsh McLennan to Host First Quarter Earnings Investor Call on April 20

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 ...

5 days ago - Business Wire

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 $0.590 per share on outstanding common stock, payable on May 15, 2023, to stockho...

1 week ago - Business Wire

4 Insurance Brokers to Watch Despite Industry Challenges

Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, AJG and RYAN.

Other symbols: AJGAONRYAN
2 weeks ago - Zacks Investment Research

Marsh McLennan Announces Pricing of $600 Million Senior Notes Offering

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $600,000,000 aggregate principal amount of its 5.450% Senior Notes due 2053 (the “Notes”). The ...

3 weeks ago - Business Wire

After Plunging -7.66% in 4 Weeks, Here's Why the Trend Might Reverse for Marsh & McLennan (MMC)

The heavy selling pressure might have exhausted for Marsh & McLennan (MMC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ana...

3 weeks ago - Zacks Investment Research

Marsh & McLennan (MMC) Unit Buys Digital HR Firm Leapgen

The Leapgen buyout is expected to enable Marsh & McLennan's (MMC) business, Mercer, to provide better HR digital solutions that can improve return on investment and utilization.

3 weeks ago - Zacks Investment Research

Mercer acquires Leapgen, furthering investment in digital HR strategy market

NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen, a leading Human Resources (...

3 weeks ago - Business Wire

3 Warren Buffett Stocks to Avoid Today

These holdings in Berkshire Hathaway look overvalued to us.

Other symbols: AONPG
1 month ago - Morningstar

Factors That Make Marsh & McLennan (MMC) Stock A Lucrative Bet

Marsh & McLennan (MMC) remains well-poised for growth on the back of solid contributions from business units. Strong cash-generating abilities is another tailwind for the stock.

1 month ago - Zacks Investment Research

Insurance brokers cash in on risk

CNBC's Contessa Brewer breaks down why the insurance brokers are a good bet for 2023.

Other symbols: AJGAONWRBWTW
2 months ago - CNBC Television

Marsh & McLennan (MMC) Q4 Earnings Beat, Revenues Down Y/Y

Marsh & McLennan's (MMC) fourth-quarter results reflect sound contributions from the Consulting segment and well-performing international operations, partly offset by escalating operating costs.

2 months ago - Zacks Investment Research

Marsh & McLennan (MMC) Q4 Earnings Top Estimates

Marsh & McLennan (MMC) delivered earnings and revenue surprises of 5% and 4.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Marsh McLennan Reports Fourth Quarter and Full-Year 2022 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 fourth quart...

2 months ago - Business Wire

Why Marsh & McLennan (MMC) Might Surprise This Earnings Season

Marsh & McLennan (MMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

Can Marsh & McLennan (MMC) Sustain Its Beat Streak in Q4 Earnings?

Marsh & McLennan's (MMC) fourth-quarter results are likely to reflect solid segmental performances, partly offset by elevated compensation and benefits expenses.

2 months ago - Zacks Investment Research

Why Marsh & McLennan (MMC) is Poised to Beat Earnings Estimates Again

Marsh & McLennan (MMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

Marsh & McLennan (MMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Marsh & McLennan (MMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

CD&R Hires Former Marsh & McLennan CEO Dan Glaser as Operating Partner

Glaser will work for the private-equity firm's new financial-services unit, executives say.

2 months ago - WSJ

Marsh & McLennan (MMC) Unit Buys HMS Insurance in Maryland

Marsh & McLennan's (MMC) business, Marsh, can gain significantly from the HMS Insurance acquisition through its subsidiary, MMA.

2 months ago - Zacks Investment Research

Marsh McLennan Agency Acquires HMS Insurance Associates

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Hunt Valley, Maryland-based HMS Insurance Associates, Inc., one of the nat...

2 months ago - Business Wire

Marsh McLennan to Host Fourth Quarter Earnings Investor Call on January 26

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 fourth quarter financial results via ne...

3 months ago - Business Wire

5 Stock Picks For Last Week From Benzinga's Most Accurate Analysts - Marsh & McLennan (NYSE:MMC), Laredo Petroleum (NYSE:LPI)

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.

Other symbols: MKSIMURTRGP
3 months ago - Benzinga

Salary.com Announces Mercer Reseller Agreement, Expanding Availability of Trusted Compensation Data

Relationship provides expanded capabilities for benchmarking salaries in turbulent labor market WALTHAM, Mass., Dec. 14, 2022 /PRNewswire/ -- Salary.com , the market leader in cloud-based compensation...

3 months ago - PRNewsWire

5 Insurance Brokers to Watch Amid Industry Headwinds

Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, AJG, WLTW and BRO.

Other symbols: AJGAONBRO
3 months ago - Zacks Investment Research

Why You Should Hold on to Marsh & McLennan (MMC) Stock for Now

As economies around the world are recovering, Marsh & McLennan's (MMC) Consulting business is likely to flourish.

3 months ago - Zacks Investment Research