Marsh & McLennan Companies, Inc. (MMC)
Market Cap | 101.16B |
Revenue (ttm) | 22.74B |
Net Income (ttm) | 3.76B |
Shares Out | 491.66M |
EPS (ttm) | 7.53 |
PE Ratio | 27.35 |
Forward PE | 23.62 |
Dividend | $2.84 (1.38%) |
Ex-Dividend Date | Apr 3, 2024 |
Volume | 1,272,209 |
Open | 206.58 |
Previous Close | 205.61 |
Day's Range | 205.31 - 206.74 |
52-Week Range | 163.37 - 209.20 |
Beta | 0.89 |
Analysts | Hold |
Price Target | 201.77 (-2.04%) |
Earnings Date | Apr 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $201.77, which is a decrease of -2.04% from the latest price.
News
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 ...
Marsh McLennan's Mercer completes acquisition of Vanguard's US Outsourced Chief Investment Officer business
NEW YORK--(BUSINESS WIRE)--Mercer, a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard's Outsourced Chief Investment...
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 $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockhol...
C-Suite executives believe AI is key to increased productivity, yet most workforces are not ready to transform, according to Mercer's 2024 Global Talent Trends Study
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC), today released its 2024 Global Talent Trends Study. Drawing on insights from over 12,000 C-suite executives, HR leaders, em...
Marsh McLennan Agency Completes Acquisition of Querbes & Nelson and Louisiana Companies
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it has completed its previously announced acquisitions of two Louisiana-based middle-marke...
Unity insurance facility expanded to cover all shipping to and from Ukrainian ports
LONDON--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, together with the Ukrainian government and Lloyd's, today...
Mercer Launches Mercer SelectRx, a Tech-Enabled Solution Designed to Lower Specialty Drug Costs for Employers and Their Employees
NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in unlocking real health and well-being and a business of Marsh McLennan (NYSE: MMC), today launched Mercer SelectRx, an exclusive product offering t...
Global Commercial Aircraft Fleet Slated to Grow 28% by 2034 According to Oliver Wyman
NEW YORK , Feb. 28, 2024 /PRNewswire/ -- The commercial aviation fleet is projected to grow 28% over the next 10 years, expanding from today's 28,400 aircraft to 36,400 by 2034, according to a new rep...
Marsh McLennan Agency to Acquire Querbes & Nelson and Louisiana Companies
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nels...
Marsh McLennan Announces Pricing of $1,000,000,000 Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) ...
Marsh McLennan Asia CEO shares how they advise clients on managing Red Sea risks
David Jacob, CEO of Marsh McLennan Asia says clients are heavily focused on protection of physical assets and financial assets as risks around Red Sea rise.
Marsh McLennan's Oliver Wyman Completes Acquisition of SeaTec Consulting Inc.
NEW YORK , Feb. 1, 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 SeaTec ...
Marsh McLennan Reports Fourth Quarter and Full-year 2023 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 quarter...
Shipping Insurance Market in Great Turmoil: Marsh McLennan CEO
Marsh McLennan CEO John Doyle says attacks in the Red Sea have increased shipping insurance prices “very significantly.” He speaks during an interview with Bloomberg Television at the World Economic F...
Unprecedented Generative AI Use Does Not Guarantee Quick Productivity Gains
Oliver Wyman Forum Finds Challenges Remain in Training Current and Future Workforces DAVOS, Switzerland , Jan. 16, 2024 /PRNewswire/ -- Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), announce...
Aptia, Leading New Pensions and Employee Health and Benefits Specialist, Formally Launches with 1,100 Clients and Supporting 7 Million People
LONDON & BOSTON--(BUSINESS WIRE)--Aptia (the “Company”), a dedicated pension, health and benefits administration specialist, today announced its formal launch with 1,100 global clients to support more...
Marsh McLennan to Host Fourth Quarter Earnings Investor Call on January 25
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 news...
Stoch Analytics Acquires Atlas Software Business from Oliver Wyman
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Today Stoch Analytics Limited, a newly formed private company headquartered in Ireland, acquired the proprietary Atlas software suite from Oliver Wyman, a glob...
Marsh McLennan's Oliver Wyman to Acquire SeaTec Consulting Inc.
Acquisition combines Oliver Wyman's CAVOK business with SeaTec to further establish Oliver Wyman as a leader in aviation, aerospace, and defense consulting NEW YORK , Dec. 12, 2023 /PRNewswire/ -- ...
Mercer to Acquire Vanguard's US Outsourced Chief Investment Officer Business
NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in reshaping retirement and investment outcomes and a business of Marsh McLennan (NYSE: MMC), today announced that it reached an agreement to acquire...
Marsh McLennan Develops New Generative AI Tool
NEW YORK--(BUSINESS WIRE)--Marsh McLennan [NYSE:MMC] and its business Oliver Wyman, a global leader in management consulting, announced today the launch of a new Generative AI tool for colleagues. The...
Mercer Survey Finds Health Benefit Costs Up 5.2% in 2023 Due to Inflation and Higher Spending on Prescription Drugs
NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC), released the findings of its 2023 National Survey of Employer-Sponsored Health Plans, which found the average per-em...
Marsh McLennan collaborates with Ukrainian government, banks, and insurers to provide cost-effective insurance for Black Sea grain shipments
LONDON--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, in collaboration with the Ukrainian government, the Expor...
Marsh & McLennan Forms Bottoming Pattern At Same Time As Major Indices - Marsh & McLennan (NYSE:MMC), SPDR S&P 500 (ARCA:SPY)
Following a nearly 11% decline in the S&P 500 between July 27 and October 27, buying pressure is coming back into the market and several Market Health Indicators are signaling that a bottoming is like...
Notice of Intention to Delist From the London Stock Exchange
NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Companies, Inc. (the "Company") hereby gives notice of its intention to request the UK Financial Conduct Authority (the "FCA") to cancel the standard listin...