How to buy Marsh & McLennan (MMC) shares in Australia

Learn how to easily invest in Marsh & McLennan shares.

Marsh & McLennan Companies Inc
NYSE: MMC - USD
INSURANCE BROKERS
$164.34
+ $2.53 ( + 1.56%)

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Marsh & McLennan Companies Inc (MMC) is a leading insurance brokers business with stocks listed in the US. It opened the day at US$142.34 after a previous close of US$141.52. During the day the price has varied from a low of USD141.85 to a high of USD142.79. The latest price was USD142.6 (25 minute delay). Marsh & McLennan is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Marsh & McLennan

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Marsh & McLennan. Find the share by name or ticker symbol: MMC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Marsh & McLennan reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$141.52, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Marsh & McLennan, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Marsh & McLennan. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Marsh & McLennan stock price (NYSE:MMC)

Use our graph to track the performance of MMC stocks over time.

Marsh & McLennan shares at a glance

Information last updated 2021-07-09.
OpenUS$142.34
HighUS$142.79
LowUS$141.85
CloseUS$142.6
Previous closeUS$141.52
Change US$1.08
Change % 0.7631%
Volume 1,668,115
Information last updated 2021-10-16.
52-week rangeUS$100.578 - US$161.7008
50-day moving average US$156.9506
200-day moving average US$143.3875
Target priceUS$157.75
PE ratio 33.3677
Dividend yield US$1.93 (1.2%)
Earnings per share (TTM) US$4.855

Where to buy Marsh & McLennan stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Marsh & McLennan stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Marsh & McLennan share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

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Marsh & McLennan price performance over time

Historical closes compared with the last close of $142.6

1 week (2021-10-12) -9.17%
1 month (2021-09-17) -8.49%
3 months (2021-07-19) 2.56%
6 months (2021-04-19) 12.15%
1 year (2020-10-19) 26.16%
2 years (2019-10-18) 43.97%
3 years (2018-10-19) 77.23%
5 years (2016-10-19) 116.72%

Stocks similar to Marsh & McLennan

Is Marsh & McLennan under- or over-valued?

Valuing Marsh & McLennan stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Marsh & McLennan's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Marsh & McLennan's P/E ratio

Marsh & McLennan's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Marsh & McLennan shares trade at around 33x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Marsh & McLennan's PEG ratio

Marsh & McLennan's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.5605. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Marsh & McLennan's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Marsh & McLennan's EBITDA

Marsh & McLennan's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$5.1 billion (£3.7 billion).

The EBITDA is a measure of a Marsh & McLennan's overall financial performance and is widely used to measure a its profitability.

Marsh & McLennan financials

Revenue TTM US$18.5 billion
Operating margin TTM 23.56%
Gross profit TTM US$7.4 billion
Return on assets TTM 8.36%
Return on equity TTM 27.06%
Profit margin 13.49%
Book value 19.938
Market capitalisation US$82.1 billion

TTM: trailing 12 months

Shorting Marsh & McLennan shares

There are currently 5.3 million Marsh & McLennan shares held short by investors – that's known as Marsh & McLennan's "short interest". This figure is 20.9% down from 6.7 million last month.

There are a few different ways that this level of interest in shorting Marsh & McLennan shares can be evaluated.

Marsh & McLennan's "short interest ratio" (SIR)

Marsh & McLennan's "short interest ratio" (SIR) is the quantity of Marsh & McLennan shares currently shorted divided by the average quantity of Marsh & McLennan shares traded daily (recently around 1.8 million). Marsh & McLennan's SIR currently stands at 2.94. In other words for every 100,000 Marsh & McLennan shares traded daily on the market, roughly 2940 shares are currently held short.

However Marsh & McLennan's short interest can also be evaluated against the total number of Marsh & McLennan shares, or, against the total number of tradable Marsh & McLennan shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Marsh & McLennan's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Marsh & McLennan shares in existence, roughly 10 shares are currently held short) or 0.0105% of the tradable shares (for every 100,000 tradable Marsh & McLennan shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Marsh & McLennan.

Find out more about how you can short Marsh & McLennan stock.

Marsh & McLennan's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Marsh & McLennan.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Marsh & McLennan's total ESG risk score

Total ESG risk: 22.38

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Marsh & McLennan's overall score of 22.38 (as at 12/31/2018) is pretty good – landing it in it in the 24th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Marsh & McLennan is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Marsh & McLennan's environmental score

Environmental score: 6.61/100

Marsh & McLennan's environmental score of 6.61 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Marsh & McLennan is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Marsh & McLennan's social score

Social score: 12.36/100

Marsh & McLennan's social score of 12.36 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Marsh & McLennan is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Marsh & McLennan's governance score

Governance score: 16.92/100

Marsh & McLennan's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Marsh & McLennan is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Marsh & McLennan's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Marsh & McLennan scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Marsh & McLennan has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Marsh & McLennan Companies Inc was last rated for ESG on: 2019-01-01.

Total ESG score 22.38
Total ESG percentile 24.4
Environmental score 6.61
Environmental score percentile 7
Social score 12.36
Social score percentile 7
Governance score 16.92
Governance score percentile 7
Level of controversy 2

Marsh & McLennan share dividends

35%

Dividend payout ratio: 34.78% of net profits

Recently Marsh & McLennan has paid out, on average, around 34.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.32% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Marsh & McLennan shareholders could enjoy a 1.32% return on their shares, in the form of dividend payments. In Marsh & McLennan's case, that would currently equate to about $1.93 per share.

While Marsh & McLennan's payout ratio might seem fairly standard, it's worth remembering that Marsh & McLennan may be investing much of the rest of its net profits in future growth.

Marsh & McLennan's most recent dividend payout was on 14 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2021 (the "ex-dividend date").

Have Marsh & McLennan's shares ever split?

Marsh & McLennan's shares were split on a 2:1 basis on 30 June 2002. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Marsh & McLennan shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Marsh & McLennan shares which in turn could have impacted Marsh & McLennan's share price.

Marsh & McLennan share price volatility

Over the last 12 months, Marsh & McLennan's shares have ranged in value from as little as US$100.578 up to US$161.7008. A popular way to gauge a stock's volatility is its "beta".

MMC.US volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Marsh & McLennan's is 0.9307. This would suggest that Marsh & McLennan's shares are less volatile than average (for this exchange).

Marsh & McLennan overview

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies, Inc. has collaboration with Chubb Limited to secure insurance coverage for the COVAX no-fault compensation program. The company was founded in 1871 and is headquartered in New York, New York.

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