Marsh & McLennan Cos Inc

Marsh & McLennan Cos Inc Stock Forecast & Price Prediction

Live Marsh & McLennan Cos Inc Stock (MMC) Price
$223.79

19

Ratings

  • Buy 11
  • Hold 8
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$223.79

P/E Ratio

27.59

Volume Traded Today

$1.8M

Dividend

$0.815

52 Week High/low

232.32/184.28

Marsh & McLennan Cos Inc Market Cap

$109.91B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $MMC ๐Ÿ›‘

Before you buy MMC you'll want to see this list of ten stocks that have huge potential. Want to see if MMC made the cut? Enter your email below

MMC Summary

Based on ratings from 19 stock analysts, the Marsh & McLennan Cos Inc stock price is expected to increase by 4.37% in 12 months. This is calculated by using the average 12-month stock price forecast for Marsh & McLennan Cos Inc. The lowest target is $212 and the highest is $259. Please note analyst price targets are not guaranteed and could be missed completely.

MMC Analyst Ratings

About 19 Wall Street analysts have assignedMMC 11 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Marsh & McLennan Cos Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MMC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MMC stock forecast by analyst

These are the latest 20 analyst ratings of MMC.

Analyst/Firm

Rating

Price Target

Change

Date

Meyer Shields
Keefe, Bruyette & Woods

Underperform

$212

Maintains

Oct 22, 2024
Brian Meredith
UBS

Buy

$259

Maintains

Oct 22, 2024
Michael Zaremski
BMO Capital

Market Perform

$228

Maintains

Oct 22, 2024
Harry Fong
Roth MKM

Neutral

$230

Maintains

Oct 18, 2024
Scott Heleniak
RBC Capital

Sector Perform

$242

Maintains

Oct 18, 2024
Elyse Greenspan
Wells Fargo

Equal-Weight

$211

Maintains

Oct 10, 2024
Joshua Shanker
B of A Securities

Neutral

$250

Maintains

Oct 10, 2024
Yaron Kinar
Jefferies

Hold

$222

Maintains

Oct 9, 2024
Joshua Shanker
B of A Securities

Neutral

$248

Maintains

Oct 1, 2024
Alex Scott
Barclays

Equal-Weight

$236

Initiates

Sep 4, 2024
Harry Fong
Roth MKM

Neutral

$220

Maintains

Jul 19, 2024
Mark Dwelle
RBC Capital

Sector Perform

$232

Maintains

Jul 19, 2024
Jimmy Bhullar
JP Morgan

Neutral

$230

Maintains

Jul 11, 2024
Mark Dwelle
RBC Capital

Sector Perform

$228

Maintains

Jun 28, 2024
Joshua Shanker
B of A Securities

Neutral

$233

Maintains

May 22, 2024
Andrew Kligerman
TD Cowen

Hold

$201

Maintains

Apr 22, 2024
Brian Meredith
UBS

Buy

$238

Maintains

Apr 22, 2024

B of A Securities

Neutral


Maintains

Apr 19, 2024
Mark Dwelle
RBC Capital

Sector Perform

$210

Maintains

Apr 19, 2024
Elyse Greenspan
Wells Fargo

Equal-Weight

$213

Maintains

Apr 19, 2024

MMC Company Information

What They Do: Provides risk and consulting solutions globally.

Business Model: The company operates through two main segments: Risk and Insurance Services and Consulting. It generates revenue by offering a wide range of risk management services, insurance broking, and strategic advisory services, alongside consulting solutions in health, wealth, and management.

Other Information: Founded in 1871 and headquartered in New York, Marsh & McLennan serves a diverse client base, including businesses, public entities, and private clients, making it a well-established player in the professional services industry.
MMC
Marsh & McLennan Cos Inc (MMC)

When did it IPO

1987

Staff Count

85,000

Country

United States

Sector/Industry

Financial Services/Insurance Brokers

CEO

Mr. John Quinlan Doyle

Market Cap

$109.91B

Marsh & McLennan Cos Inc (MMC) Financial Data

In 2023, MMC generated $22.74B in revenue, which was a increase of 9.73% from the previous year. This can be seen as a signal that MMC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$17.22B

Revenue From 2021

$19.82B

15.07 %
From Previous Year

Revenue From 2022

$20.72B

4.54 %
From Previous Year

Revenue From 2023

$22.74B

9.73 %
From Previous Year
  • Revenue TTM $23.95B
  • Operating Margin TTM 21.0%
  • Gross profit TTM $9.64B
  • Return on assets TTM 8.3%
  • Return on equity TTM 32.0%
  • Profit Margin 16.8%
  • Book Value Per Share 27.88%
  • Market capitalisation $109.91B
  • Revenue for 2021 $19.82B
  • Revenue for 2022 $20.72B
  • Revenue for 2023 $22.74B
  • EPS this year (TTM) $8.11

Marsh & McLennan Cos Inc (MMC) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marsh McLennan has priced $5.45 billion in Senior Notes across various maturities, with interest rates ranging from 4.550% to 5.350%, to raise capital.

Why It Matters - Marsh McLennan's bond issuance indicates its financial strategy and leverage position. The interest rates set reflect market conditions, impacting investor confidence and future cash flow expectations.

News Image

Fri, 18 Oct 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Marsh & McLennan (MMC) reported third-quarter earnings that surpassed expectations, indicating strong financial performance for the period.

Why It Matters - Better-than-expected earnings from Marsh & McLennan indicate strong financial performance, potentially boosting investor confidence and stock value in the company.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Marsh & McLennan Companies, Inc. will hold its Q3 2024 earnings conference call on October 17, 2024, at 8:00 AM ET, featuring key executives and analysts from major financial firms.

Why It Matters - The earnings call provides insights into Marsh & McLennan's financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marsh McLennan (NYSE: MMC) reported 5% underlying revenue growth and 110 basis points margin expansion in Q3 2024, alongside the acquisition of McGriff Insurance Services.

Why It Matters - Marsh McLennan's strong Q3 results, 5% revenue growth, and acquisition of McGriff Insurance Services indicate robust operational momentum, enhancing investor confidence in future earnings potential.

News Image

Tue, 15 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MMC's Q3 earnings are expected to improve due to strong performance in its Risk and Insurance Services and Consulting segments.

Why It Matters - Improved earnings in Risk and Insurance Services and Consulting indicate strong operational performance, potentially boosting MMC's stock value and investor confidence.

News Image

Thu, 17 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Marsh & McLennan (MMC) reported Q3 earnings of $1.63 per share, exceeding expectations of $1.61 and up from $1.57 per share year-over-year.

Why It Matters - Marsh & McLennan's earnings beat expectations and show year-over-year growth, indicating strong performance and potentially positive momentum for the stock.

...

MMC Frequently asked questions

The highest forecasted price for MMC is $259 from Brian Meredith at UBS.

The lowest forecasted price for MMC is $212 from Elyse Greenspan from Wells Fargo

The MMC analyst ratings consensus are 11 buy ratings, 8 hold ratings, and 0 sell ratings.