Market Update: Marsh & McLennan Companies Inc (NYSE:MMC) – Marsh & McLennan Companies to Hold Investor Call on July 28 to Discuss Second Quarter Results

[Business Wire] – Marsh & McLennan Companies, Inc. , a global professional services firm offering clients advice and solutions in risk, strategy and people, plans to announce second quarter results on Thursday, July 28, 2016, in a news release to be issued before the market opens. Read more on this. Marsh & McLennan Companies, Inc. (MMC) , with a current market cap of $34.79B, opened this morning at $66.82. Looking at the stock, its one day range is $66.54 to $66.89 with a trailing 52-week range being $50.81 to $66.97. Priced at 19.61x this year’s forecasted earnings, MMC shares are relatively expensive compared to the industry’s 16.36x forward p/e ratio. The company pays shareholders $1.36 per share annually in dividends, yielding 2.06%. According to a consensus of 23 analysts, the earnings estimate of $0.91 per share would be $0.11 better than the year-ago quarter and a $0.02 sequential increase. The full-year EPS estimate is $3.39, which would be a $0.34 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.38 Billion. If realized, that would be a 4.97% increase over the year-ago quarter. More recently, Keefe Bruyette upgraded MMC from Mkt Perform to Outperform (Jan 13, 2016). Previously, Credit Suisse downgraded MMC from Outperform to Neutral. When considering if the stock is under or overvalued, the average price target is $66.68, which is 0.21% below where the stock opened this morning. See more in (NYSE:MMC) Similar Articles: Market Update: Marsh & McLennan Companies Inc (NYSE:MMC) – Marsh & McLennan Agency Acquires Corporate Consulting Services Company Update: Marsh & McLennan Companies Inc (NYSE:MMC) – Marsh & Mclennan Agency Acquires Aviation Solutions, LLC Market Update (NYSE:MMC): Marsh & McLennan Companies to Hold Investor Call on February 4 to Discuss Fourth Quarter and Full-Year Results