Marsh & McLennan Companies (MMC) Expected to Announce Earnings on Thursday

Marsh & McLennan Companies (NYSE:MMC) is expected to release its earnings data before the market opens on Thursday, January 30th. Analysts expect Marsh & McLennan Companies to post earnings of $1.75 per share and revenue of $5,930,858.38 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Marsh & McLennan Companies Stock Performance

NYSE:MMC opened at $223.76 on Tuesday. Marsh & McLennan Companies has a twelve month low of $189.90 and a twelve month high of $235.50. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.89. The stock has a market cap of $109.89 billion, a P/E ratio of 27.56, a PEG ratio of 2.27 and a beta of 0.96. The business’s 50-day moving average price is $218.00 and its two-hundred day moving average price is $221.35.

Marsh & McLennan Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 30th will be given a dividend of $0.815 per share. The ex-dividend date is Thursday, January 30th. This represents a $3.26 annualized dividend and a yield of 1.46%. Marsh & McLennan Companies’s payout ratio is presently 40.15%.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, Director Oscar Fanjul sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $221.55, for a total value of $553,875.00. Following the completion of the sale, the director now owns 48,549 shares in the company, valued at approximately $10,756,030.95. This trade represents a 4.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on MMC shares. Bank of America raised their price objective on shares of Marsh & McLennan Companies from $248.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. The Goldman Sachs Group set a $220.00 price target on Marsh & McLennan Companies and gave the stock a “sell” rating in a research note on Friday, October 18th. Roth Mkm increased their price objective on Marsh & McLennan Companies from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. BMO Capital Markets upped their target price on Marsh & McLennan Companies from $217.00 to $228.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 22nd. Finally, Barclays boosted their price objective on shares of Marsh & McLennan Companies from $236.00 to $246.00 and gave the stock an “equal weight” rating in a report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Marsh & McLennan Companies currently has an average rating of “Hold” and an average price target of $228.60.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.