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

Marsh (NYSE:MRSH) has been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $204.8571.

Several equities analysts have weighed in on the stock. Keefe, Bruyette & Woods raised their target price on shares of Marsh from $205.00 to $206.00 and gave the company a “market perform” rating in a report on Monday, February 2nd. Mizuho set a $213.00 price objective on shares of Marsh in a research note on Monday. Royal Bank Of Canada restated a “sector perform” rating and set a $200.00 price objective on shares of Marsh in a research report on Friday, January 30th. Wells Fargo & Company upped their target price on Marsh from $199.00 to $203.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Finally, Morgan Stanley increased their target price on Marsh from $190.00 to $195.00 and gave the company an “equal weight” rating in a report on Friday, January 30th.

Marsh Stock Down 1.1%

Shares of MRSH stock opened at $185.36 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.10 and a debt-to-equity ratio of 1.20. The firm has a market cap of $90.81 billion, a P/E ratio of 19.23, a PEG ratio of 2.92 and a beta of 0.75. Marsh has a 1 year low of $174.18 and a 1 year high of $248.00.

Marsh (NYSE:MRSH) last announced its quarterly earnings results on Thursday, January 29th. The company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. The business had revenue of $6.60 billion during 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 last year, the business posted $1.87 earnings per share.

Marsh Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Thursday, January 29th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, January 29th. Marsh’s dividend payout ratio (DPR) is currently 42.70%.

About Marsh

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.