Marsh (NYSE:MRSH) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Marsh (NYSE:MRSH) have received an average rating of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $204.8333.

A number of brokerages have commented on MRSH. Royal Bank Of Canada restated a “sector perform” rating and set a $200.00 price target on shares of Marsh in a research note on Friday. Mizuho set a $213.00 price target on shares of Marsh in a research note on Monday. Morgan Stanley upped their target price on Marsh from $190.00 to $195.00 and gave the stock an “equal weight” rating in a report on Friday. Wells Fargo & Company increased their price objective on Marsh from $199.00 to $203.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Cantor Fitzgerald increased their price target on shares of Marsh from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Monday.

Marsh Stock Performance

MRSH traded up $0.30 during trading hours on Monday, hitting $188.49. 1,361,054 shares of the stock were exchanged, compared to its average volume of 2,707,999. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.12. The stock has a market capitalization of $92.34 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 2.95 and a beta of 0.76. Marsh has a 12 month low of $174.18 and a 12 month high of $248.00.

Marsh (NYSE:MRSH) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. The firm had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. Marsh had a return on equity of 31.60% and a net margin of 15.42%.The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $1.87 EPS.

Marsh Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Thursday, January 29th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Thursday, January 29th. Marsh’s dividend payout ratio (DPR) is currently 42.70%.

Marsh Company Profile

Marsh is a global insurance broker and risk advisor that helps organizations assess, manage and transfer a broad range of risks. The firm provides insurance placement and broking services for commercial and public-sector clients as well as specialty solutions for families and high-net-worth individuals. Its work focuses on identifying exposures, designing risk-transfer strategies and securing coverage from insurers and reinsurers to protect clients’ assets and operations.

Services offered by Marsh include commercial property and casualty broking, cyber and professional-liability placement, employee benefits consulting, and industry-specific specialty lines such as marine, energy and construction.