Currently, there are 491.00M common shares owned by the public and among those 490.70M shares have been available to trade.
The company’s stock has a 5-day price change of 0.99% and 2.21% over the past three months. MMC shares are trading 5.02% year to date (YTD), with the 12-month market performance up to 15.14% higher. It has a 12-month low price of $191.87 and touched a high of $235.50 over the same period. MMC has an average intraday trading volume of 1.95 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.18%, 2.21%, and 2.61% respectively.
Institutional ownership of Marsh & McLennan Cos., Inc (NYSE: MMC) shares accounts for 90.08% of the company’s 491.00M shares outstanding.
It has a market capitalization of $109.55B and a beta (3y monthly) value of 0.96. The stock’s trailing 12-month PE ratio is 27.27, while the earnings-per-share (ttm) stands at $8.18. The company has a PEG of 3.03 and the debt-to-equity ratio at 1.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.28% over the week and 1.77% over the month.
Earnings per share for the fiscal year are expected to increase by 9.42%, and 9.06% over the next financial year. EPS should shrink at an annualized rate of 8.99% over the next five years, compared to 19.13% over the past 5-year period.
Looking at the support for the MMC, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Outperform rating for the stock in a research note on December 12, 2024, with the firm’s price target at $250. Evercore ISI coverage for the Marsh & McLennan Cos., Inc (MMC) stock in a research note released on November 25, 2024 offered a Outperform rating with a price target of $242. Barclays was of a view on September 05, 2024 that the stock is Equal Weight, while Piper Sandler gave the stock Neutral rating on April 17, 2024, issuing a price target of $211. Wells Fargo on their part issued Equal Weight rating on April 11, 2024.
