Marsh & McLennan Companies, Inc. (MMC)

NYSE: MMC · IEX Real-Time Price · USD
216.75
-0.67 (-0.31%)
Jul 19, 2024, 4:00 PM EDT - Market closed
-0.31%
Market Cap 106.97B
Revenue (ttm) 23.63B
Net Income (ttm) 4.01B
Shares Out 493.53M
EPS (ttm) 8.08
PE Ratio 26.83
Forward PE 24.07
Dividend $3.26 (1.50%)
Ex-Dividend Date Jul 25, 2024
Volume 1,890,330
Open 219.49
Previous Close 217.42
Day's Range 216.28 - 220.95
52-Week Range 184.02 - 221.71
Beta 0.93
Analysts Hold
Price Target 213.13 (-1.67%)
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, 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 Statements

Analyst Forecast

According to 16 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $213.13, which is a decrease of -1.67% from the latest price.

Price Target
$213.13
(-1.67% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

3 days ago - Investopedia

Marsh McLennan Reports Second 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 second quarter...

3 days ago - Business Wire

Marsh McLennan Appoints Jan Siegmund to its Board of Directors

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today appointed Jan Siegmund ...

11 days ago - Business Wire

Orthobond Expands its Board of Directors with Appointment of Eric Major as Chairman

PRINCETON, N.J.--(BUSINESS WIRE)--Orthobond Corporation, a leader in covalently-bound antibacterial surface technologies with broad applications in the medical device industry, today publicly announce...

Other symbols: EXAI
11 days ago - Business Wire

Marsh McLennan Increases Quarterly Cash Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a 15% increase in the quarterly dividend from $0.710 to $0.815 per share on outstanding common stock, pay...

11 days ago - Business Wire

DriveWealth Named to CNBC World's Top FinTech Companies 2024 List

NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, was recognized on the second edition of CNBC's “World's Top FinTech Companies 2024” li...

11 days ago - Business Wire

Marsh McLennan Agency to Acquire The Horton Group, 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 The Horton Group, Inc., a leading Orland P...

12 days ago - Business Wire

Another Dividend Hike Season On Tap: 5 Stocks To Watch

Five growth companies are about to hike their dividends. Let's front run these payout moves.

Other symbols: BCCFIXVOYAWLK
15 days ago - Forbes

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...

19 days 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 ...

19 days 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...

19 days 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 ...

24 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 ...

25 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."

25 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...

4 weeks 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...

4 weeks 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...

5 weeks 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...

6 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...

7 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...

7 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...

2 months 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...

2 months 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...

3 months ago - Business Wire