Equities analysts forecast that Marsh & McLennan Companies, Inc. (NYSE:MMC) will post earnings per share (EPS) of $1.14 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Marsh & McLennan Companies’ earnings. The lowest EPS estimate is $1.10 and the highest is $1.19. Marsh & McLennan Companies reported earnings per share of $1.10 in the same quarter last year, which suggests a positive year-over-year growth rate of 3.6%. The company is expected to issue its next earnings results before the market opens on Tuesday, July 30th.

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

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings results 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 business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.19 billion. Marsh & McLennan Companies had a net margin of 11.16% and a return on equity of 29.72%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $1.23 EPS.

Several research firms recently issued reports on MMC. Zacks Investment Research lowered shares of First Merchants from a “hold” rating to a “sell” rating in a research report on Monday, July 1st. Wells Fargo & Co reiterated a “hold” rating on shares of AON in a research report on Friday, April 5th. Keefe, Bruyette & Woods lowered shares of Marsh & McLennan Companies from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $100.00 to $99.00 in a research report on Wednesday, June 12th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 150 ($1.96) price target on shares of in a research report on Monday, June 17th. Finally, Goldman Sachs Group reiterated a “neutral” rating and set a $393.00 price target on shares of Boeing in a research report on Monday, April 8th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $96.33.

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. boosted its position in Marsh & McLennan Companies by 2.3% in 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 buying an additional 964,222 shares in the last quarter. FMR LLC boosted its position in Marsh & McLennan Companies by 27.9% in 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 buying an additional 2,327,487 shares in the last quarter. Northern Trust Corp boosted its position in Marsh & McLennan Companies by 0.8% in the first quarter. Northern Trust Corp now owns 6,826,655 shares of the financial services provider’s stock valued at $641,023,000 after buying an additional 53,038 shares in the last quarter. Geode Capital Management LLC boosted its position in Marsh & McLennan Companies by 6.6% in the fourth quarter. Geode Capital Management LLC now owns 6,628,096 shares of the financial services provider’s stock valued at $527,675,000 after buying an additional 410,471 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Marsh & McLennan Companies by 1.5% in the fourth quarter. Bank of America Corp DE now owns 6,617,940 shares of the financial services provider’s stock valued at $527,781,000 after buying an additional 99,185 shares in the last quarter. Hedge funds and other institutional investors own 85.04% of the company’s stock.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, July 11th will be given a $0.455 dividend. The ex-dividend date is Wednesday, July 10th. This represents a $1.82 dividend on an annualized basis and a 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 currently 38.16%.

About Marsh & McLennan Companies

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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