Market Update (NYSE:MMC): Marsh & McLennan Companies to Hold Investor Call on February 4 to Discuss Fourth Quarter and Full-Year 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 fourth quarter and full-year 2015 results on Thursday, February 4, 2016, in a news release to be issued before the market opens. Read more on this. Marsh & McLennan Companies, Inc. (MMC) , valued at $28.34B, started trading this morning at $54.48. Shares have traded today between $53.79 and $54.57 per share and has traded between $50.90 and $59.99 over the past year. Marsh & McLennan (MMC) shares are currently priced at 18.18x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.20x earnings multiple for the same period. And for passive income investors, the company pays shareholders $1.24 per share annually in dividends, yielding 2.24%. In a review of the consensus earnings estimate this quarter, 24 sell-side analysts are looking at $0.71 per share, which would be $0.05 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $3.05 is a $0.23 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.26 Billion. If realized, that would be a 0.31% increase over the year-ago quarter. In terms of ratings, Goldman downgraded MMC from Buy to Neutral (Jun 22, 2015). Previously, Piper Jaffray Initiated MMC at to Overweight. When considering if the stock is under or overvalued, the average price target is $60.52, which is 11.09% above where the stock opened this morning. See more in (NYSE:MMC) Similar Articles: Market Update (NYSE:MMC): Marsh & McLennan Agency Acquires Dawson Insurance Stock Update: Marsh & McLennan Companies Inc (NYSE:MMC) – Marsh & McLennan Companies Names E. Scott Gilbert Chief Information Officer Market Update: Marsh & McLennan Companies Inc (NYSE:MMC) – Marsh & McLennan Agency Acquires Cline Wood Agency