Marsh & McLennan Companies (MMC) to Release Earnings on Thursday

Marsh & McLennan Companies (NYSE:MMC) is expected to be releasing 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 $5.95 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Marsh & McLennan Companies Price Performance

Shares of Marsh & McLennan Companies stock opened at $220.84 on Wednesday. The company has a market capitalization of $108.46 billion, a price-to-earnings ratio of 27.20, a PEG ratio of 2.27 and a beta of 0.96. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.89. Marsh & McLennan Companies has a 52 week low of $189.90 and a 52 week high of $235.50. The stock’s 50-day simple moving average is $218.00 and its 200-day simple moving average is $221.40.

Marsh & McLennan Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 30th will be issued a $0.815 dividend. The ex-dividend date is Thursday, January 30th. This represents a $3.26 annualized dividend and a dividend yield of 1.48%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is 40.15%.

Analyst Ratings Changes

Several analysts have recently issued reports on MMC shares. UBS Group upped their target price on shares of Marsh & McLennan Companies from $255.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. BMO Capital Markets upped their price objective on shares of 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. Jefferies Financial Group raised their price objective on Marsh & McLennan Companies from $219.00 to $222.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Royal Bank of Canada raised Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $242.00 to $250.00 in a report on Thursday, December 12th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $242.00 target price on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $228.60.

About Marsh & McLennan Companies

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.