How to Buy Marsh & Mclennan Companies Stock
Marsh & Mclennan Companies Inc
Marsh & Mclennan Companies is a insurance company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker MMC on the NYSE exchange.
Marsh & Mclennan Companies stock last closed at $197.95, down 1.75% from the previous day, and has increased 12.3% in one year. It has underperformed other stocks in the Insurance Brokers industry by 0.03 percentage points. Marsh & Mclennan Companies stock is currently +15.44% from its 52-week low of $171.47, and -5.38% from its 52-week high of $209.20.
There are currently 492.72M MMC shares outstanding. The market capitalization of MMC is $97.53B. In the past 24 hours, 1.78M MMC shares were traded.
How to Buy Marsh & Mclennan Companies Stock
Not sure how to invest in Marsh & Mclennan Companies stock? Here's how.
- Choose where to buy Marsh & Mclennan Companies stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Marsh & Mclennan Companies stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your details.
- Research Marsh & Mclennan Companies stock: The Marsh & Mclennan Companies ticker symbol is MMC. Is Marsh & Mclennan Companies stock a good investment? Should you buy shares of MMC? How do MMC's underlying business fundamentals look? Do top analysts think Marsh & Mclennan Companies is a good buy? Why has MMC's stock price moved recently? (Hint: Our stock research website can help you decide if MMC is a good stock to buy).
- Execute your MMC buy order: Decide if you will purchase MMC shares at the current market price or use a limit order to purchase MMC stock at a particular price.
- Get key alerts regarding your MMC position: Create a watchlist to track your new investment in Marsh & Mclennan Companies stock.
Step 1: Choose where to buy Marsh & Mclennan Companies stock
You will need an online brokerage account in order to access the NYSE market and buy MMC shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can buy MMC today.
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Step 3: Deposit money your brokerage account
Now that you have finished signing up on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your new brokerage account.
Step 4: Research Marsh & Mclennan Companies stock
After you have chosen the best place to buy Marsh & Mclennan Companies stock, it's very important to research their stock prior to investing, so you truly comprehend the risk and upside.
Marsh & Mclennan Companies shares data
Fundamentals of Marsh & Mclennan Companies
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MMC's stock page.
Is MMC stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MMC's fair value.
Using relative valuations methods:
- MMC may be undervalued based on its P/E ratio of 24.93x, relative to Insurance Brokers industry P/E ratio of 29.69x
- MMC may be overvalued based on its P/B ratio of 7.85x, relative to Insurance Brokers industry P/B ratio of 6.69x
- MMC could be overvalued based on its PEG ratio of 9.3x
You can do additional valuation research on MMC's stock here.
A look at MMC Cashflows and Balance Sheet
Pros:
- MMC profit margin has gone up from 15.2% to 16.8% in the past year.
- There are more short-term assets than long-term liabilities on the MMC balance sheet.
- MMC's operating cash flow of $4.30B allows it to safely service it's debt of $15.38B.
- MMC earnings of $5.78B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the MMC balance sheet.
Cons:
- Total MMC debt is higher than 5 years ago, relative to shareholder equity.
- MMC has a relatively high debt to equity ratio of 2.81.
Is it a good time to buy Marsh & Mclennan Companies stock, according to analysts?
Out of 12 Wall Street analysts who track MMC, the consensus analyst rating on Marsh & Mclennan Companies is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent MMC Analyst Forecasts
Paul Newsome, a top 10% analyst from Piper Sandler downgrades MMC to a hold rating and maintains their MMC price target from $211.00 to $211.00, on Apr 17, 2024.
Michael Phillips, a bottom 10% analyst from Morgan Stanley maintains MMC with a hold rating and raises their MMC price target from $205.00 to $210.00, on Apr 15, 2024.
David Motemaden, a top 23% analyst from Evercore ISI Group maintains MMC with a buy rating and raises their MMC price target from $212.00 to $218.00, on Apr 11, 2024.
Meyer Shields, a top 9% analyst from Keefe, Bruyette & Woods maintains MMC with a sell rating and raises their MMC price target from $185.00 to $188.00, on Apr 10, 2024.
Jimmy Bhullar, a top 31% analyst from JP Morgan maintains MMC with a hold rating and raises their MMC price target from $190.00 to $198.00, on Apr 8, 2024.
You can dig deeper into what analysts are forecasting on the Marsh & Mclennan Companies stock forecast page.
Metrics for Advanced MMC Traders
MMC Earnings
Last year, MMC earnings were $3.92B. Over the past five year, MMC's earnings have gone up by 19.05% per year. This was faster than the Insurance Brokers industry average of 15.47%.
Last year, MMC revenue was $23.29B. Over the past five year, MMC's revenue has gone up by 9.16% per year. This was faster than the Insurance Brokers industry average of 8.36%.
Dive into MMC's earnings and revenue performance here.
Are MMC executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at MMC have sold more shares than they have bought.
Stacy Mills, Vice President and Controller of MMC, was the latest MMC insider to sell. They sold $305,582.76 worth of MMC stock on Mar 14, 2024.
Research more about who owns MMC stock here.
Does MMC provide a stable income stream?
Marsh & Mclennan Companies pays a dividend of 1.43%, compared to the Insurance Brokers industry's average dividend yield of 0.87%. If you owned $1,000 of MMC stock, you would have received $14.35 last year.
Marsh & Mclennan Companies dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Marsh & Mclennan Companies dividend yield and history here.
What others are saying about MMC
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Step 5: Execute your MMC buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open button and your broker will execute the order.
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Step 6: Get key alerts regarding your MMC position
Now that you own some MMC shares, you'll want to keep up with your stock purchase.
Make a watchlist to see the latest developments about your MMC stock.
MMC Feed
How to Buy Stock in Marsh & Mclennan Companies
To reiterate, here are the 6 steps to buy Marsh & Mclennan Companies stock:
- Choose where to buy Marsh & Mclennan Companies stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Marsh & Mclennan Companies stock
- Execute your MMC buy order
- Get key alerts regarding your MMC position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Marsh & Mclennan Companies, hit the button below to create your watchlist.
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