MMC stock is a solid choice for investors looking for a stable dividend payer. MMC stock has a dividend yield of around 3.5%, making it an attractive option for income-seeking investors.
MMC's dividend history is impressive, with a consistent payout of $0.60 per share over the past few years.
Analysts are optimistic about MMC's future prospects, with a consensus price target of around $75 per share. This represents a potential upside of over 15% from the current stock price.
Investors can stay up-to-date on MMC's earnings announcements and dividend payments by following the company's official website or financial news outlets.
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Financial Performance
Marsh & McLennan's revenue in 2023 was $22.74 billion, a 9.73% increase from the previous year. This significant growth is a testament to the company's strong financial performance.
The company's earnings also saw a substantial boost, rising by 23.15% to $3.76 billion. This increase in earnings is a clear indication of Marsh & McLennan's ability to generate strong profits.
Here are some key financial metrics to keep in mind:
Financial Strength
Marsh & McLennan's financial strength is a key aspect of its overall financial performance. Its cash-to-debt ratio is 0.12, indicating that for every dollar of debt, the company has only $0.12 in cash.
This ratio is lower than the industry average, suggesting that Marsh & McLennan may have some liquidity issues. However, it's worth noting that the company's equity-to-asset ratio is 0.28, which is higher than the industry average.
Marsh & McLennan's debt-to-equity ratio is 1.07, which means that for every dollar of equity, the company has $1.07 in debt. This is a relatively high ratio, indicating that the company may be taking on too much debt.
The debt-to-EBITDA ratio is 2.21, which is lower than the industry average. This suggests that Marsh & McLennan's debt is manageable and the company is generating enough cash to cover its debt obligations.
Marsh & McLennan's interest coverage ratio is 9.32, which means that the company has more than enough cash to cover its interest payments. This is a strong indicator of the company's financial health.
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Here's a summary of Marsh & McLennan's financial strength:
Marsh & McLennan's Piotroski F-Score is 7/9, indicating that the company is financially healthy. The Altman Z-Score is 3.47, which suggests that the company is at a low risk of bankruptcy. The Beneish M-Score is -2.49, indicating that the company is not likely to be involved in any accounting manipulations.
Delayed NYSE Data
The delayed NYSE data is a crucial aspect of financial performance, and it's essential to understand how it affects your investments. The current stock price of $220.92 is a notable figure, but what really matters is the percentage change, which is a mere +0.04 (0.02%) at 4:26 PM ET.
The Zacks Rank system is a reliable indicator of a stock's performance over the next 1 to 3 months. Stocks with a Zacks Rank of #1 or #2, which is equivalent to a Strong Buy or Buy, have a higher chance of success. These stocks have annualized returns of 24.30% and 18.13%, respectively.
The scores are based on three trading styles: Value, Growth, and Momentum. A VGM Score, which combines the weighted average of these style scores, is also available. The current VGM Score for this stock is A, indicating a strong performance in all three styles.
The Zacks Style Scores Education provides more information on how to use these scores effectively. However, for now, it's essential to focus on the current scores, which are A in Value, A in Growth, A in Momentum, and A in VGM.
Here's a summary of the Zacks Style Scores:
The Zacks Industry Rank is another crucial factor in understanding financial performance. It assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
Pricing of $7.25 Billion Senior Notes Offering
Marsh McLennan has priced a massive senior notes offering, raising $7.25 billion in the process. This is a significant move for the company, and we'll take a closer look at the details.
The offering consists of two parts: $950 million in 4.550% Senior Notes due 2027 and $1,000 million in 4.800% Senior Notes due 2032. These notes have been priced to attract investors.
The company's decision to issue these notes is likely driven by the need to manage its debt and raise capital. Marsh McLennan is a large and complex organization, and managing its finances is a significant challenge.
Fourth Quarter Earnings Investor Call
Marsh McLennan will announce fourth quarter financial results via news release on Thursday, January 30, 2025, before the market opens.
The company will also host an investor call to discuss the results on the same day, but the exact time is not specified in the provided information.
Marsh McLennan is a global leader in risk, strategy, and people, and their fourth quarter earnings are expected to be a significant event for investors.
The company's stock symbol is MMC, which is listed on the New York Stock Exchange (NYSE).
Frequently Asked Questions
Is MMC stock a good buy?
MMC stock has a consensus rating of Hold, with 4 buy ratings and 1 sell rating, suggesting a neutral outlook. However, the average price target of $235.62 indicates potential upside, making it worth considering for further research.
What is the forecast for MMC share price in 2025?
Marsh & Mclennan Companies' predicted share price for Dec 12, 2025 is $234.33, representing a potential 9.77% increase from the current price of $213.47. This forecast suggests a promising outlook for the company's stock in the coming years.
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