Marsh (NYSE:MRSH) Stock Price Down 5.4% – Should You Sell?

Marsh (NYSE:MRSH)’s share price was down 5.4% on Monday . The stock traded as low as $174.96 and last traded at $175.05. Approximately 1,960,514 shares traded 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 Upgrades and Downgrades

A number of equities analysts have recently issued reports on MRSH shares. Citigroup raised their price objective on Marsh from $201.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Morgan Stanley upped their price objective on shares of Marsh from $190.00 to $195.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Wells Fargo & Company lifted their target price on shares of Marsh from $199.00 to $203.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $200.00 price objective on shares of Marsh in a research report on Friday, January 30th. Finally, Cantor Fitzgerald lifted their target price on Marsh from $208.00 to $212.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $204.86.

Marsh Stock Down 7.6%

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

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 the consensus estimate of $1.97 by $0.15. The company had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. Marsh had a return on equity of 31.60% and a net margin of 15.42%.Marsh’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 earnings per share.

Marsh Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Thursday, January 29th will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, January 29th. 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.