NYSE:MMI Marcus & Millichap (MMI) Stock Forecast, Price & News $32.63 +0.78 (+2.45%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$32.20▼$32.8150-Day Range$27.60▼$32.6352-Week Range$27.49▼$41.51Volume206,961 shsAverage Volume169,536 shsMarket Capitalization$1.26 billionP/E Ratio20.14Dividend Yield1.53%Price Target$24.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Marcus & Millichap MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside26.4% Downside$24.00 Price TargetShort InterestBearish4.29% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 3 Articles This WeekInsider TradingSelling Shares$153,995 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.61 out of 5 starsFinance Sector780th out of 851 stocksReal Estate Agents & Managers Industry11th out of 13 stocks 0.5 Analyst's Opinion Consensus RatingMarcus & Millichap has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Marcus & Millichap has a forecasted downside of 26.4% from its current price of $32.63.Amount of Analyst CoverageMarcus & Millichap has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.29% of the float of Marcus & Millichap has been sold short.Short Interest Ratio / Days to CoverMarcus & Millichap has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Marcus & Millichap has recently increased by 0.97%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldMarcus & Millichap pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarcus & Millichap has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Marcus & Millichap is 30.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MMI. Previous Next 2.6 News and Social Media Coverage News SentimentMarcus & Millichap has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Marcus & Millichap this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Marcus & Millichap to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marcus & Millichap insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $153,995.00 in company stock.Percentage Held by Insiders39.20% of the stock of Marcus & Millichap is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.56% of the stock of Marcus & Millichap is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Marcus & Millichap is 20.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Marcus & Millichap is 20.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.61.Price to Book Value per Share RatioMarcus & Millichap has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Marcus & Millichap (NYSE:MMI) StockMarcus & Millichap, Inc. engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.Read More Receive MMI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Marcus & Millichap and its competitors with MarketBeat's FREE daily newsletter. Email Address MMI Stock News HeadlinesJune 1, 2023 | bizjournals.comNational Weather Service offices in Duluth sold for $1.7MMay 24, 2023 | finance.yahoo.comInstitutional Property Advisors Closes $61.6 Million Sale and Arranges Financing for Suburban Seattle Multifamily AssetJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 22, 2023 | finance.yahoo.comMarcus & Millichap Releases First Half 2023 Single-Tenant Net Lease Retail ReportMay 18, 2023 | bizjournals.comBurnsville Best Western sells, likely to house revived Steak and AleMay 18, 2023 | finance.yahoo.comAt US$28.77, Is Marcus & Millichap, Inc. (NYSE:MMI) Worth Looking At Closely?May 17, 2023 | americanbankingnews.comOhmyhome (NASDAQ:OMH) vs. Marcus & Millichap (NYSE:MMI) Head to Head SurveyMay 10, 2023 | americanbankingnews.comMarcus & Millichap (NYSE:MMI) Trading Down 6.1% on Disappointing EarningsJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 8, 2023 | americanbankingnews.comMarcus & Millichap (NYSE:MMI) Announces Earnings Results, Misses Expectations By $0.38 EPSMay 5, 2023 | seekingalpha.comMarcus & Millichap, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 5, 2023 | markets.businessinsider.comMarcus & Millichap Posts Loss In Q1 - Quick FactsMay 5, 2023 | msn.comMarcus & Millichap: Q1 Earnings InsightsMay 5, 2023 | finance.yahoo.comMarcus & Millichap, Inc. Reports Results for First Quarter 2023May 4, 2023 | msn.comMarcus & Millichap bumps up stock buyback to $80MMay 4, 2023 | finance.yahoo.comMarcus & Millichap Increases Stock Repurchase AuthorizationMay 3, 2023 | finance.yahoo.comMarcus & Millichap Co-Founder George M. Marcus Recognized with Lifetime Achievement AwardMay 3, 2023 | americanbankingnews.comMarcus & Millichap (MMI) Scheduled to Post Quarterly Earnings on FridayApril 30, 2023 | finance.yahoo.comBearish Bets: 3 Saggy Stocks You Should Think About Shorting This WeekApril 27, 2023 | msn.comWells Fargo Maintains Marcus & Millichap (MMI) Underweight RecommendationApril 14, 2023 | finance.yahoo.comHigher Interest Rates Expected To Curb CRE Development In 2024April 13, 2023 | finance.yahoo.comMarcus & Millichap, Inc. to Report First Quarter 2023 Financial Results on Friday, May 5, 2023April 11, 2023 | finance.yahoo.comIAC Acquires Land Under Iconic New York City Headquarters for $80 MillionApril 10, 2023 | seekingalpha.comMarcus & Millichap: Weakening Headwinds Present An Attractive Growth OpportunityMarch 31, 2023 | msn.comSite on Busy Escondido Corner Near Car Dealer Sells for $1.8MMarch 24, 2023 | bizjournals.comSt. Charles County medical office sells for over $3M to Colorado investorMarch 20, 2023 | finance.yahoo.comMarcus & Millichap (NYSE:MMI) investors are sitting on a loss of 36% if they invested a year agoSee More Headlines MMI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MMI Company Calendar Ex-Dividend for 4/6 Dividend3/13/2023Dividend Payable4/06/2023Last Earnings5/05/2023Today6/07/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNYSE:MMI CUSIPN/A CIK1578732 Webwww.marcusmillichap.com Phone(818) 212-2250Fax818-212-2260Employees801Year Founded1971Price Target and Rating Average Stock Price Forecast$24.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside-25.9%Consensus RatingReduce Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio20.01 Forward P/E RatioN/A P/E GrowthN/ANet Income$104.22 million Net Margins5.77% Pretax Margin7.57% Return on Equity9.25% Return on Assets6.76% Debt Debt-to-Equity RatioN/A Current Ratio3.94 Quick Ratio3.94 Sales & Book Value Annual Sales$1.30 billion Price / Sales0.96 Cash Flow$3.19 per share Price / Cash Flow10.15 Book Value$18.13 per share Price / Book1.79Miscellaneous Outstanding Shares38,480,000Free Float23,393,000Market Cap$1.25 billion OptionableOptionable Beta1.04 Social Links Key ExecutivesHessam NadjiPresident, Chief Executive Officer & DirectorSteven F. DegennaroChief Financial Officer & Executive Vice PresidentJohn T. ChangSVP-National Director Research & Advisory ServicesKen SaywardChief Information Officer & Vice PresidentTyler TheobaldChief Compliance Officer, VP & General CounselKey CompetitorsRedfinNASDAQ:RDFNNewmark GroupNASDAQ:NMRKAnywhere Real EstateNYSE:HOUSRE/MAXNYSE:RMAXeXp WorldNASDAQ:EXPIView All CompetitorsInsiders & InstitutionsPutnam Investments LLCSold 1,026 shares on 5/22/2023Ownership: 0.063%JPMorgan Chase & Co.Bought 25,237 shares on 5/18/2023Ownership: 0.225%New York State Common Retirement FundSold 5,795 shares on 5/18/2023Ownership: 0.039%Thrivent Financial for LutheransSold 861 shares on 5/17/2023Ownership: 0.064%Susquehanna International Group LLPBought 381 shares on 5/16/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions MMI Stock - Frequently Asked Questions Should I buy or sell Marcus & Millichap stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marcus & Millichap in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" MMI shares. View MMI analyst ratings or view top-rated stocks. What is Marcus & Millichap's stock price forecast for 2023? 1 brokerages have issued twelve-month target prices for Marcus & Millichap's shares. Their MMI share price forecasts range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 25.9%. View analysts price targets for MMI or view top-rated stocks among Wall Street analysts. How have MMI shares performed in 2023? Marcus & Millichap's stock was trading at $34.45 at the start of the year. Since then, MMI shares have decreased by 5.9% and is now trading at $32.41. View the best growth stocks for 2023 here. When is Marcus & Millichap's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023. View our MMI earnings forecast. How were Marcus & Millichap's earnings last quarter? Marcus & Millichap, Inc. (NYSE:MMI) posted its quarterly earnings results on Friday, May, 5th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.38. The real estate investment trust earned $154.79 million during the quarter. Marcus & Millichap had a trailing twelve-month return on equity of 9.25% and a net margin of 5.77%. During the same quarter in the previous year, the business posted $0.81 earnings per share. How often does Marcus & Millichap pay dividends? What is the dividend yield for Marcus & Millichap? Marcus & Millichap declared a semi-annual dividend on Friday, February 10th. Investors of record on Tuesday, March 14th will be given a dividend of $0.25 per share on Thursday, April 6th. This represents a dividend yield of 1.4%. The ex-dividend date is Monday, March 13th. Read our dividend analysis for MMI. What ETFs hold Marcus & Millichap's stock? ETFs with the largest weight of Marcus & Millichap (NYSE:MMI) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Small Cap Value AlphaDEX Fund (FYT), Distillate Small/Mid Cash Flow ETF (DSMC), Invesco S&P SmallCap Quality ETF (XSHQ), First Trust Active Factor Small Cap ETF (AFSM) and Invesco S&P SmallCap Financials ETF (PSCF). Is Marcus & Millichap a good dividend stock? Marcus & Millichap (NYSE:MMI) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MMI. How will Marcus & Millichap's stock buyback program work? Marcus & Millichap announced that its Board of Directors has authorized a stock repurchase program on Thursday, May 4th 2023, which allows the company to buyback $70,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued. What is Hessam Nadji's approval rating as Marcus & Millichap's CEO? 173 employees have rated Marcus & Millichap Chief Executive Officer Hessam Nadji on Glassdoor.com. Hessam Nadji has an approval rating of 81% among the company's employees. What other stocks do shareholders of Marcus & Millichap own? Based on aggregate information from My MarketBeat watchlists, some companies that other Marcus & Millichap investors own include CBRE Group (CBRE), Jones Lang LaSalle (JLL), HFF (HF), Bank of America (BAC), Chevron (CVX), Johnson & Johnson (JNJ), Wells Fargo & Company (WFC), ASML (ASML), Citizens Financial Group (CFG) and Cisco Systems (CSCO). What is Marcus & Millichap's stock symbol? Marcus & Millichap trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMI." Who are Marcus & Millichap's major shareholders? Marcus & Millichap's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.51%), Royce & Associates LP (5.21%), Dimensional Fund Advisors LP (4.62%), Reinhart Partners Inc. (3.14%), State Street Corp (2.17%) and Tributary Capital Management LLC (1.43%). Insiders that own company stock include George M Marcus, George M Marcus, Gregory A Laberge, Hessam Nadji, John David Parker, Martin E Louie, Norma J Lawrence, Phoenix Investments Holdings L, Richard D Matricaria and Richard D Matricaria. View institutional ownership trends. How do I buy shares of Marcus & Millichap? Shares of MMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Marcus & Millichap's stock price today? One share of MMI stock can currently be purchased for approximately $32.41. How much money does Marcus & Millichap make? Marcus & Millichap (NYSE:MMI) has a market capitalization of $1.25 billion and generates $1.30 billion in revenue each year. The real estate investment trust earns $104.22 million in net income (profit) each year or $1.62 on an earnings per share basis. How many employees does Marcus & Millichap have? The company employs 801 workers across the globe. Does Marcus & Millichap have any subsidiaries? The following companies are subsidiares of Marcus & Millichap: LMI, MMI Servicing Inc., Marcus & Millichap Capital Corporation, Marcus & Millichap Capital Corporation Canada Inc., Marcus & Millichap Chicago Multifamily Brokers LLC, Marcus & Millichap REIS Canada Inc., Marcus & Millichap REIS of Atlanta Inc., Marcus & Millichap REIS of Chicago Inc., Marcus & Millichap REIS of Florida Inc., Marcus & Millichap REIS of Nevada Inc., Marcus & Millichap REIS of North Carolina Inc., Marcus & Millichap REIS of Seattle Inc., Marcus & Millichap Real Estate Investment Services Inc., Mission Capital Advisors LLC, Mission Capital Personnel Services LLC, Mission Capital Real Estate Inc., Mission Global LLC, Pinnacle Financial Group, Real Estate Investment Services Québec Inc., and Services D’Investissement Immobilier Marcus & Millichap Québec Inc..Read More How can I contact Marcus & Millichap? Marcus & Millichap's mailing address is 23975 PARK SORRENTO SUITE 400, CALABASAS CA, 91302. The official website for the company is www.marcusmillichap.com. The real estate investment trust can be reached via phone at (818) 212-2250, via email at evelyn.infurna@icrinc.com, or via fax at 818-212-2260. This page (NYSE:MMI) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Marcus & Millichap, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.