Marsh & McLennan Companies (MMC) Projected to Post Quarterly Earnings on Thursday

Marsh & McLennan Companies (NYSE:MMC) is anticipated to announce its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $1.75 per share and revenue of $5.95 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Marsh & McLennan Companies Stock Down 1.3 %

Marsh & McLennan Companies stock opened at $220.84 on Wednesday. Marsh & McLennan Companies has a fifty-two week low of $189.90 and a fifty-two week high of $235.50. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a 50 day moving average price of $218.00 and a 200 day moving average price of $221.40. The company has a market capitalization of $108.46 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 2.27 and a beta of 0.96.

Marsh & McLennan Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

MMC has been the subject of several recent research reports. Bank of America lifted their price objective on Marsh & McLennan Companies from $248.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Roth Mkm increased their target price on shares of Marsh & McLennan Companies from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Jefferies Financial Group upped their price target on Marsh & McLennan Companies from $219.00 to $222.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company decreased their price target on Marsh & McLennan Companies from $212.00 to $211.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 10th. Finally, 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. Two equities research 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, Marsh & McLennan Companies presently has an average 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.