Marsh & McLennan Companies Prepares to Reveal Quarterly Financial Results

Global professional services firm Marsh & McLennan Companies, Inc., trading on the New York Stock Exchange under the symbol MMC, is set to release its earnings report for the recent quarter prior to the opening bell on Thursday, January 25th. Financial analysts anticipate the company will post earnings of $1.61 per share for the quarter. Interested parties can tune into the company's earnings conference call through a provided link.

Current Stock Performance

The day before their earnings announcement, MMC's stock price commenced trading at $199.12. The company's stock has been averaging $194.44 over the past 50 days and $192.90 over the last 200 days. The 52-week period has seen the stock hit a low of $151.86 and a peak of $202.81. Marsh & McLennan boasts a market capitalization of $98.18 billion, a price-to-earnings ratio of 28.69, and a PEG ratio of 2.53. It holds a beta of 0.92, a debt-to-equity ratio of 1.02, together with quick and current ratios both at 1.08.

Dividend Payout Information

The corporation has likewise declared its regular quarterly dividend, which is to be disbursed on February 15th to shareholders recorded by January 25th. This dividend is set at $0.71 per share, yearly summing up to $2.84, reflecting a yield of 1.43%. Importantly, the cut-off for the dividend is January 24th. Currently, Marsh & McLennan maintains a dividend payout ratio (DPR) of 40.92%.

Analyst Ratings

In light of recent analysis, a mixture of downgrades and static ratings has emerged. Keefe, Bruyette & Woods adjusted their stance on MMC from 'market perform' to 'underperform' with a reduced price target. Similarly, The Goldman Sachs Group shifted its recommendation from 'buy' to 'sell' and decreased its price estimate. On the flip side, Royal Bank of Canada provided a 'sector perform' rating but upped their target price. Relative newcomer TD Cowen commenced coverage giving MMC a 'market perform' rating. Notably, StockNews.com transitioned their rating from 'buy' to 'hold'. Combining various analyst ratings reveals a general consensus of 'Hold' and an average price target of $199.00.

Insider Transactions

Regarding insider activity, CMO John Jude Jones offloaded 4,908 company shares at an average price of $193.08 each, totaling to $947,636.64. Post-sale, he retains 7,978 shares valued near $1.54 million. This trade has been officially filed with the SEC, and the disclosure is accessible on their website. It's noteworthy that company insiders possess a modest 0.30% of the company's equity.

Institutional Investors' Movements

There's been a change in institutional investments recently. Almanack Investment Partners LLC. and Coppell Advisory Solutions LLC both initiated positions in MMC valued at about $43,000 and $56,000 respectively. Ancora Advisors LLC increased their stake by 35.4%, while Resurgent Financial Advisors LLC and Centaurus Financial Inc. also established new positions. Collectively, these movements signify that hedge funds and institutional investors own 86.64% of MMC's stock.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc operates globally, delivering professional services across risk, strategy, and human capital management. It functions through two segments: Risk and Insurance Services, and Consulting. The company's risk management services encompass a spectrum of risk advice, transfer, control, and mitigation, in addition to insurance and reinsurance brokerage, analytics, and program management.

Marsh, McLennan, Earnings