Brokerages forecast that Marsh & McLennan Companies, Inc. (NYSE:MMC) will post earnings of $1.14 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Marsh & McLennan Companies’ earnings, with the lowest EPS estimate coming in at $1.10 and the highest estimate coming in at $1.19. Marsh & McLennan Companies posted earnings of $1.10 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.6%. The firm is scheduled to report its next earnings report before the market opens on Tuesday, July 30th.

According to Zacks, analysts expect that Marsh & McLennan Companies will report full year earnings of $4.59 per share for the current year, with EPS estimates ranging from $4.49 to $4.70. For the next year, analysts forecast that the firm will report earnings of $5.08 per share, with EPS estimates ranging from $4.88 to $5.34. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Marsh & McLennan Companies.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.07. The firm had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.19 billion. Marsh & McLennan Companies had a return on equity of 29.72% and a net margin of 11.16%. Marsh & McLennan Companies’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.23 earnings per share.

Several research analysts have issued reports on MMC shares. UBS Group increased their price objective on Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday. ValuEngine lowered Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th. Goldman Sachs Group reissued a “neutral” rating and issued a $393.00 target price on shares of Boeing in a report on Monday, April 8th. Wells Fargo & Co reissued a “hold” rating on shares of AON in a report on Friday, April 5th. Finally, Keefe, Bruyette & Woods lowered Marsh & McLennan Companies from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $100.00 to $99.00 in a report on Wednesday, June 12th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. Marsh & McLennan Companies has a consensus rating of “Hold” and an average price target of $96.33.

Several institutional investors and hedge funds have recently bought and sold shares of MMC. Norges Bank acquired a new stake in shares of Marsh & McLennan Companies during the fourth quarter valued at $330,042,000. FMR LLC boosted its stake in shares of Marsh & McLennan Companies by 27.9% during the first quarter. FMR LLC now owns 10,681,542 shares of the financial services provider’s stock valued at $1,002,997,000 after acquiring an additional 2,327,487 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Marsh & McLennan Companies by 2.3% during the first quarter. BlackRock Inc. now owns 43,396,454 shares of the financial services provider’s stock valued at $4,074,926,000 after acquiring an additional 964,222 shares during the last quarter. Scout Investments Inc. acquired a new stake in shares of Marsh & McLennan Companies during the second quarter valued at $93,139,000. Finally, California Public Employees Retirement System boosted its stake in shares of Marsh & McLennan Companies by 20.6% during the first quarter. California Public Employees Retirement System now owns 3,219,326 shares of the financial services provider’s stock valued at $302,295,000 after acquiring an additional 549,470 shares during the last quarter. 85.04% of the stock is currently owned by institutional investors and hedge funds.

NYSE:MMC traded down $0.34 during trading hours on Thursday, hitting $101.35. The company’s stock had a trading volume of 36,872 shares, compared to its average volume of 1,760,385. The company has a 50-day moving average price of $98.38. The firm has a market capitalization of $51.78 billion, a P/E ratio of 23.36, a PEG ratio of 1.85 and a beta of 0.78. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.21 and a quick ratio of 2.21. Marsh & McLennan Companies has a 52-week low of $74.30 and a 52-week high of $102.95.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, July 11th will be paid a dividend of $0.455 per share. The ex-dividend date is Wednesday, July 10th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.80%. This is a positive change from Marsh & McLennan Companies’s previous quarterly dividend of $0.42. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 38.16%.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.

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Earnings History and Estimates for Marsh & McLennan Companies (NYSE:MMC)

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