Marsh (NYSE:MRSH) Shares Down 5.4% – What’s Next?

Marsh (NYSE:MRSH) shares were down 5.4% on Monday . The stock traded as low as $174.96 and last traded at $175.05. Approximately 1,960,514 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 2,818,378 shares. The stock had previously closed at $185.03.

Analyst Ratings Changes

Several research analysts have weighed in on MRSH shares. Cantor Fitzgerald increased their price target on shares of Marsh from $208.00 to $212.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Keefe, Bruyette & Woods lifted their price target on Marsh from $205.00 to $206.00 and gave the stock a “market perform” rating in a report on Monday, February 2nd. Mizuho set a $213.00 price objective on Marsh in a report on Monday, February 2nd. Weiss Ratings assumed coverage on Marsh in a report on Thursday, January 29th. They set a “hold (c)” rating for the company. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $200.00 price target on shares of Marsh in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Marsh has a consensus rating of “Hold” and an average target price of $204.86.

Marsh Stock Performance

The stock has a market cap of $83.73 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.89 and a beta of 0.75. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.12 and a current ratio of 1.10.

Marsh (NYSE:MRSH) last released its earnings results on Thursday, January 29th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. The firm had revenue of $6.60 billion for the quarter, compared to analysts’ expectations of $6.52 billion. Marsh had a return on equity of 31.60% and a net margin of 15.42%.The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.87 earnings per share.

Marsh Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Thursday, January 29th will be given a $0.90 dividend. The ex-dividend date is Thursday, January 29th. This represents a $3.60 dividend on an annualized basis and a yield of 2.1%. Marsh’s dividend payout ratio (DPR) is currently 42.70%.

Marsh Company Profile

Marsh is a global insurance broker and risk advisor that helps organizations assess, manage and transfer a broad range of risks. The firm provides insurance placement and broking services for commercial and public-sector clients as well as specialty solutions for families and high-net-worth individuals. Its work focuses on identifying exposures, designing risk-transfer strategies and securing coverage from insurers and reinsurers to protect clients’ assets and operations.

Services offered by Marsh include commercial property and casualty broking, cyber and professional-liability placement, employee benefits consulting, and industry-specific specialty lines such as marine, energy and construction.