What is Roth Capital’s Forecast for MMC Q4 Earnings?

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Stock analysts at Roth Capital decreased their Q4 2024 earnings per share estimates for Marsh & McLennan Companies in a research note issued on Friday, October 18th. Roth Capital analyst H. Fong now expects that the financial services provider will post earnings of $1.82 per share for the quarter, down from their prior estimate of $1.83. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $8.73 per share. Roth Capital also issued estimates for Marsh & McLennan Companies’ Q1 2025 earnings at $3.02 EPS, Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $2.11 EPS, Q1 2026 earnings at $3.29 EPS, Q2 2026 earnings at $2.91 EPS, Q3 2026 earnings at $1.94 EPS and FY2026 earnings at $10.40 EPS.

Marsh & McLennan Companies (NYSE:MMC) last released its earnings results on Thursday, October 17th. The financial services provider reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.02. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.71 billion. Marsh & McLennan Companies had a net margin of 16.97% and a return on equity of 33.92%. Marsh & McLennan Companies’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.57 EPS.

MMC has been the subject of several other reports. Royal Bank of Canada lifted their price objective on shares of Marsh & McLennan Companies from $232.00 to $242.00 and gave the company a “sector perform” rating in a research note on Friday, October 18th. The Goldman Sachs Group set a $220.00 price objective on shares of Marsh & McLennan Companies and gave the company a “sell” rating in a research note on Friday. UBS Group lifted their price objective on shares of Marsh & McLennan Companies from $255.00 to $259.00 and gave the company a “buy” rating in a research note on Tuesday. Jefferies Financial Group lifted their price objective on shares of Marsh & McLennan Companies from $219.00 to $222.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company decreased their target price on shares of Marsh & McLennan Companies from $212.00 to $211.00 and set an “equal weight” rating for the company in a research note on Thursday, October 10th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $225.33.

Marsh & McLennan Companies Stock Performance

Shares of NYSE MMC opened at $221.87 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. Marsh & McLennan Companies has a 12 month low of $184.02 and a 12 month high of $232.32. The company has a 50 day simple moving average of $225.46 and a two-hundred day simple moving average of $215.34. The stock has a market cap of $109.32 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 3.58 and a beta of 0.94.

Marsh & McLennan Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 4th will be issued a dividend of $0.815 per share. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, October 4th. Marsh & McLennan Companies’s payout ratio is 41.37%.

Insider Transactions at Marsh & McLennan Companies

In related news, VP Stacy Mills sold 4,101 shares of the company’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $225.77, for a total value of $925,882.77. Following the completion of the sale, the vice president now owns 2,923 shares of the company’s stock, valued at approximately $659,925.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Marsh & McLennan Companies news, VP Stacy Mills sold 4,101 shares of the company’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $225.77, for a total value of $925,882.77. Following the transaction, the vice president now owns 2,923 shares of the company’s stock, valued at $659,925.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Mark C. Mcgivney sold 5,200 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $225.03, for a total transaction of $1,170,156.00. Following the sale, the chief financial officer now directly owns 33,678 shares in the company, valued at $7,578,560.34. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,566 shares of company stock valued at $4,420,137 over the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marsh & McLennan Companies

Several hedge funds have recently added to or reduced their stakes in MMC. Indiana Trust & Investment Management CO purchased a new position in shares of Marsh & McLennan Companies during the first quarter worth approximately $25,000. Headlands Technologies LLC purchased a new position in shares of Marsh & McLennan Companies during the first quarter worth approximately $27,000. Crewe Advisors LLC grew its position in shares of Marsh & McLennan Companies by 100.0% during the second quarter. Crewe Advisors LLC now owns 160 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 80 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. purchased a new position in Marsh & McLennan Companies in the 1st quarter valued at $35,000. Finally, Iron Horse Wealth Management LLC grew its position in Marsh & McLennan Companies by 712.5% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 195 shares of the financial services provider’s stock valued at $41,000 after buying an additional 171 shares during the last quarter. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.