Marsh (NYSE:MRSH) Given Consensus Rating of “Hold” by Brokerages

Marsh (NYSE:MRSH) has earned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $204.8333.

MRSH has been the subject of several research analyst reports. Morgan Stanley raised their price target on Marsh from $190.00 to $195.00 and gave the company an “equal weight” rating in a report on Friday. Mizuho set a $213.00 price target on Marsh in a report on Monday. Keefe, Bruyette & Woods lifted their target price on Marsh from $205.00 to $206.00 and gave the company a “market perform” rating in a research report on Monday. Royal Bank Of Canada restated a “sector perform” rating and issued a $200.00 price objective on shares of Marsh in a research note on Friday. Finally, Cantor Fitzgerald upped their price objective on shares of Marsh from $208.00 to $212.00 and gave the stock an “overweight” rating in a research report on Monday.

Marsh Stock Performance

Shares of MRSH traded up $0.30 during trading hours on Monday, reaching $188.49. 1,361,054 shares of the company’s stock traded hands, compared to its average volume of 2,707,999. The company has a market cap of $92.34 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 2.95 and a beta of 0.76. The company has a current ratio of 1.10, a quick ratio of 1.12 and a debt-to-equity ratio of 1.20. Marsh has a 12 month low of $174.18 and a 12 month high of $248.00.

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

Marsh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Thursday, January 29th will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $3.60 annualized dividend and a dividend yield of 1.9%. Marsh’s payout ratio is 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.