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Wednesday, December 6, 2023

Analysts Point To Marsh & McLennan Cos., Inc. (NYSE: MMC) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Marsh & McLennan Cos., Inc. (MMC) shows that investor sentiment remained same, with the stock’s consolidated last price to $196.71. The Marsh & McLennan Cos., Inc. has recorded 101,766 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Notice of Intention to Delist From the London Stock Exchange.

Stocks Info

As a NYSE listed company, MMC falls under the Financial sector while operating within the Insurance Brokers industry segment. At the end of the last regular session, the stock closed at $196.71 and fluctuated between $197.23 as its day high and $194.35 as its day low. The current market capitalization of Marsh & McLennan Cos., Inc. is $96.99B. A total of 1.09 million shares were traded on the day, compared to an average of 1.42M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MMC has seen 3 BUY and 3 SELL insider trades, representing the acquisition of 47,949 and the disposition of 50,573 shares. Over the last 12 months, there were 32 BUYs and 36 SELLs from insiders. Insiders purchased 353,954 shares during that period but sold 349,172.

In the most recent transaction, Jones John Jude sold 4,908 shares of MMC for 193.08 per share on Nov 03. After the transaction, the Chief Marketing Officer now owns 7,978 company shares. In a previous transaction on Aug 29, FANJUL OSCAR sold 3,000 shares at 194.90 per share. MMC shares that Director owns now total 63,012.

Among the insiders who sold shares, Klisura Dean Michael disposed of 12,976 shares on Jul 26 at a per-share price of $192.20. This resulted in the President & CEO, Guy Carpenter holding 20,935 shares of MMC after the transaction. In another insider transaction, MCGIVNEY MARK C sold 70,106 shares at $185.53 per share on Jun 29. Company shares held by the Chief Financial Officer now total 33,678.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Marsh & McLennan Cos., Inc. pays an annual dividend of $2.58, resulting in a dividend yield of 1.31%, and it has a price to earnings (P/E) ratio of 28.36. MMC’s most recent ex-dividend date was 10/5/2023 when it declared a $0.71 quarterly dividend that was paid in cash on 11/15/2023. Previously, the company paid the dividend on 8/15/2023 with an ex-dividend date of 7/26/2023. The MMC stock dividend was $0.71 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MMC in the last 3 months, the mean price target is $205.58 with high estimates of $226.00 and low estimates of $190.00. In terms of 52-week highs and lows, MMC has a high of $199.20 and a low of $151.86.

As of this writing, MMC has an earnings estimate of $1.61 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.74 per share and a lower estimate of $1.34. The company reported an EPS of $2.2 in the last quarter, which was 3.80% higher than expectations of $2.12.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MMC’s latest balance sheet shows that the firm has $1.75B in Cash & Short Term Investments as of fiscal 2021. There were $13.16B in debt and $6.65B in liabilities at the time. Its Book Value Per Share was $23.14, while its Total Shareholder’s Equity was $11.22B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MMC is Buy with a score of 3.60.

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