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 $219.10, up 0.39% from the previous day, and has increased 15.29% in one year. It has underperformed other stocks in the Insurance Brokers industry by 0.13 percentage points. Marsh & Mclennan Companies stock is currently +18.9% from its 52-week low of $184.28, and -5.69% from its 52-week high of $232.32.
There are currently 491.12M MMC shares outstanding. The market capitalization of MMC is $107.60B. In the past 24 hours, 1.49M 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.
A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 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 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
MMC Price
$219.10
1w %
-1%
1y %
15.29%
5y %
110.13%
P/E
26.82x
P/B
7.86x
P/S
4.5x
PEG
3.96x
Revenue
$23.95B
Earnings
$4.03B
Fore. Rev. Growth
4.6%
Fore. Earn. Growth
7.52%
Market Cap
$107.60B
Next Earnings
N/A
Next Dividend
Nov 15, 2024
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 overvalued based on its P/E ratio of 26.82x, relative to Insurance Brokers industry P/E ratio of 25.89x
MMC may be overvalued based on its P/B ratio of 7.86x, relative to Insurance Brokers industry P/B ratio of 6.7x
MMC could be overvalued based on its PEG ratio of 3.96x
MMC profit margin has gone up from 15.6% 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 $4.13B allows it to safely service it's debt of $14.78B.
Total MMC debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the MMC balance sheet.
MMC earnings of $6.09B is not sufficient to cover its interest payments.
Cons:
MMC has a relatively high debt to equity ratio of 2.63.
Is it a good time to buy Marsh & Mclennan Companies stock, according to analysts?
Out of 11 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
Joshua Shanker, a top 13% analyst from Bank of America maintains MMC with a hold rating and raises their MMC price target from $248.00 to $250.00, on Oct 10, 2024.
Elyse Greenspan, a top 2% analyst from Wells Fargo maintains MMC with a hold rating and lowers their MMC price target from $212.00 to $211.00, on Oct 10, 2024.
Yaron Kinar, a top 13% analyst from Jefferies maintains MMC with a hold rating and raises their MMC price target from $219.00 to $222.00, on Oct 9, 2024.
Alex Scott, a top 15% analyst from Barclays initiates coverage on MMC with a hold rating and announces their MMC price target of $236.00, on Sep 4, 2024.
Mark Dwelle, a top 2% analyst from RBC Capital maintains MMC with a hold rating and raises their MMC price target from $228.00 to $232.00, on Jul 19, 2024.
Last year, MMC earnings were $4.03B. Over the past five year, MMC's earnings have gone up by 22.35% per year. This was faster than the Insurance Brokers industry average of 14.34%.
Last year, MMC revenue was $23.95B. Over the past five year, MMC's revenue has gone up by 8.26% per year. This was slower than the Insurance Brokers industry average of 9%.
Marsh & Mclennan Companies pays a dividend of 1.39%, compared to the Insurance Brokers industry's average dividend yield of 0.68%. If you owned $1,000 of MMC stock, you would have received $13.92 last year.
Marsh & Mclennan Companies dividend payments have consistently grown over the past decade and have remained stable.
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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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How much does it cost to buy one Marsh & Mclennan Companies share?
As of Nov 1, 2024, it costs $219.10 to buy one share of Marsh & Mclennan Companies stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.456 shares of MMC.
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Is now a good time to buy Marsh & Mclennan Companies stock?
According to 11 Wall Street analysts who monitor Marsh & Mclennan Companies, their consensus recommendation is to hold Marsh & Mclennan Companies stock.
What is the best way to buy Marsh & Mclennan Companies stock?
One way to place an order for Marsh & Mclennan Companies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.