Marsh & McLennan Companies (MMC) Receives Daily News Impact Rating of 0.20
Media stories about Marsh & McLennan Companies (NYSE:MMC) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marsh & McLennan Companies earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.036285612385 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s analysis:
- Zacks: Analysts Expect Marsh & McLennan Companies, Inc. (MMC) Will Announce Earnings of $0.77 Per Share (americanbankingnews.com)
- Marsh & McLennan Companies, Inc. (MMC) Earns “Buy” Rating from Wells Fargo & Company (americanbankingnews.com)
- Active Stock on Watch: Marsh & McLennan Companies Inc (MMC) – Evergreen Caller (evergreencaller.com)
- Marsh & McLennan Companies, Inc. (MMC) – Watch List stock – Newburgh Gazette (newburghgazette.com)
- Regentatlantic Capital LLC Lowers Position in Marsh & McLennan Companies, Inc. (NYSE:MMC) (footballhebdo.com)
A number of research analysts recently weighed in on the stock. Jefferies Group LLC reissued a “hold” rating and set a $80.00 price target (up from $74.00) on shares of Marsh & McLennan Companies in a research report on Friday, April 28th. Zacks Investment Research raised shares of Marsh & McLennan Companies from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Keefe, Bruyette & Woods reissued a “buy” rating and set a $75.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, June 2nd. Wells Fargo & Company reissued a “buy” rating on shares of Marsh & McLennan Companies in a research report on Thursday, July 27th. Finally, Deutsche Bank AG raised their price target on shares of Marsh & McLennan Companies from $76.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, April 28th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $81.56.
Shares of Marsh & McLennan Companies (MMC) traded up 0.05% during mid-day trading on Wednesday, reaching $77.48. 1,656,199 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $78.75 and its 200-day moving average price is $74.76. The stock has a market cap of $39.71 billion, a price-to-earnings ratio of 21.41 and a beta of 0.98. Marsh & McLennan Companies has a 12-month low of $62.33 and a 12-month high of $81.00.
Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.00 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.00. Marsh & McLennan Companies had a net margin of 13.97% and a return on equity of 28.56%. The firm had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the prior year, the business earned $0.91 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Equities research analysts forecast that Marsh & McLennan Companies will post $3.81 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, July 11th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, July 7th. This is a boost from Marsh & McLennan Companies’s previous quarterly dividend of $0.34. Marsh & McLennan Companies’s dividend payout ratio is 41.44%.
In other news, SVP Laurie Ledford sold 184,305 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $74.03, for a total value of $13,644,099.15. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.46% of the stock is owned by corporate insiders.
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Marsh & McLennan Companies Company Profile
Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.
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