Marcus & Millichap Company Profile (NYSE:MMI)

About Marcus & Millichap

Marcus & Millichap logoMarcus & Millichap, Inc. is a brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. The Company also offers market research, consulting and advisory services to its clients. It also offers two services to its clients, such as commercial real estate investment brokerage, and financing and ancillary services. It has over 1,600 investment sales and financing professionals in over 80 offices in the United States and Canada that provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company divides the commercial real estate market into four segments: Properties with prices approximately $1 million; Private client market, which includes properties priced from $1 million to $10 million; Middle market, which includes properties priced from $10 million to $20 million, and Institutional market, which includes properties priced from $20 million and above.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Real Estate Development
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MMI
  • CUSIP:
Key Metrics:
  • Previous Close: $27.64
  • 50 Day Moving Average: $25.81
  • 200 Day Moving Average: $26.06
  • 52-Week Range: $19.25 - $30.31
  • Trailing P/E Ratio: 16.07
  • Foreward P/E Ratio: 15.89
  • P/E Growth: 1.12
  • Market Cap: $1.04B
  • Outstanding Shares: 37,616,000
  • Beta: 1.57
Profitability:
  • Net Margins: 9.22%
  • Return on Equity: 31.33%
  • Return on Assets: 20.61%
Debt:
  • Debt-to-Equity Ratio: 0.04%
  • Current Ratio: 2.86%
  • Quick Ratio: 2.86%
Additional Links:
Companies Related to Marcus & Millichap:

Analyst Ratings

Consensus Ratings for Marcus & Millichap (NYSE:MMI) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $27.00 (2.32% downside)

Analysts' Ratings History for Marcus & Millichap (NYSE:MMI)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016Citigroup Inc.Initiated CoverageNeutralView Rating Details
12/1/2016Wells Fargo & CompanyReiterated RatingHold$27.00View Rating Details
6/8/2016JMP SecuritiesReiterated RatingHoldView Rating Details
11/10/2015Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralView Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Marcus & Millichap (NYSE:MMI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/8/2017        
11/3/2016Q316$0.38$0.39$169.80 million$180.63 millionViewN/AView Earnings Details
8/4/2016Q216$0.39$0.45$171.25 million$183.38 millionViewN/AView Earnings Details
5/5/2016Q116$0.28$0.38$144.82 million$164.30 millionViewN/AView Earnings Details
3/10/2016Q415$0.45$0.51$187.89 million$203.20 millionViewListenView Earnings Details
11/5/2015Q315$0.46$0.39$184.97 million$165.90 millionViewN/AView Earnings Details
8/6/2015Q215$0.39$0.45$157.20 million$173.50 millionViewN/AView Earnings Details
5/7/2015$0.17$0.35ViewN/AView Earnings Details
3/5/2015Q4 14$0.42$0.42ViewN/AView Earnings Details
8/11/2014$0.23$0.33ViewN/AView Earnings Details
5/9/2014$0.07$0.17ViewN/AView Earnings Details
3/11/2014Q413$0.24$147.60 million$149.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marcus & Millichap (NYSE:MMI)
Current Year EPS Consensus Estimate: $1.64 EPS
Next Year EPS Consensus Estimate: $1.74 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.27$0.31$0.29
Q2 20161$0.42$0.42$0.42
Q3 20161$0.36$0.36$0.36
Q4 20161$0.44$0.44$0.44
Q1 20171$0.42$0.42$0.42
Q2 20171$0.42$0.42$0.42
Q4 20171$0.50$0.50$0.50
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Marcus & Millichap (NYSE:MMI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Marcus & Millichap (NYSE:MMI)
Insider Ownership Percentage: 61.80%
Institutional Ownership Percentage: 34.26%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/3/2017Martin E. LouieCFOSell28,107$26.56$746,521.92View SEC Filing  
12/20/2016William E HughesSVPSell5,500$27.62$151,910.00View SEC Filing  
12/13/2016Hessam NadjiCEOSell5,796$28.57$165,591.72View SEC Filing  
12/9/2016Martin E LouieCFOSell8,821$30.00$264,630.00View SEC Filing  
11/28/2016William E HughesSVPSell5,500$27.51$151,305.00View SEC Filing  
11/18/2016Hessam NadjiCEOSell9,000$26.06$234,540.00View SEC Filing  
11/16/2016Hessam NadjiCEOSell13,500$25.90$349,650.00View SEC Filing  
11/15/2016Hessam NadjiCEOSell4,500$25.58$115,110.00View SEC Filing  
11/14/2016Hessam NadjiCEOSell4,500$26.79$120,555.00View SEC Filing  
9/30/2016William E HughesSVPSell5,000$26.17$130,850.00View SEC Filing  
8/19/2016Hessam NadjiCEOSell9,000$26.91$242,190.00View SEC Filing  
8/17/2016Hessam NadjiCEOSell13,500$28.02$378,270.00View SEC Filing  
8/16/2016Hessam NadjiCEOSell4,500$27.83$125,235.00View SEC Filing  
8/15/2016Hessam NadjiCEOSell4,500$28.65$128,925.00View SEC Filing  
7/13/2016William E HughesSVPSell13,300$27.61$367,213.00View SEC Filing  
6/14/2016Hessam NadjiCEOSell22,022$26.16$576,095.52View SEC Filing  
6/8/2016William E HughesSVPSell1,900$27.53$52,307.00View SEC Filing  
5/12/2016Gene A BermanEVPSell306$25.00$7,650.00View SEC Filing  
5/6/2016Martin E LouieCFOSell15,000$27.50$412,500.00View SEC Filing  
5/6/2016William E HughesSVPSell800$27.51$22,008.00View SEC Filing  
4/26/2016Gene A BermanEVPSell19,384$24.41$473,163.44View SEC Filing  
4/25/2016Gene A BermanEVPSell47,472$24.47$1,161,639.84View SEC Filing  
4/20/2016Gene A BermanEVPSell54,328$24.94$1,354,940.32View SEC Filing  
4/19/2016Gene A BermanEVPSell11,700$25.05$293,085.00View SEC Filing  
4/18/2016Gene A BermanEVPSell26,715$24.78$661,997.70View SEC Filing  
4/14/2016Gene A BermanEVPSell18,800$25.01$470,188.00View SEC Filing  
4/4/2016Gene A BermanEVPSell10,016$25.03$250,700.48View SEC Filing  
4/4/2016Martin E LouieCFOSell20,000$25.00$500,000.00View SEC Filing  
4/1/2016William E HughesSVPSell17,024$25.11$427,472.64View SEC Filing  
3/15/2016Kurt Henry SchwarzCAOBuy300$23.72$7,116.00View SEC Filing  
6/4/2015John J KerinCEOSell1,000$49.06$49,060.00View SEC Filing  
5/8/2015Martin E LouieCFOSell14,453$40.00$578,120.00View SEC Filing  
4/20/2015John J KerinCEOSell62,236$36.78$2,289,040.08View SEC Filing  
4/20/2015William E HughesSVPSell21,640$36.79$796,135.60View SEC Filing  
4/15/2015John J KerinCEOSell50,610$38.04$1,925,204.40View SEC Filing  
4/14/2015John J KerinCEOSell15,769$37.94$598,275.86View SEC Filing  
4/13/2015John J KerinCEOSell21,102$38.46$811,582.92View SEC Filing  
3/24/2015Phoenix Investments Holdings LMajor ShareholderSell600,000$31.99$19,194,000.00View SEC Filing  
3/18/2015Phoenix Investments Holdings LMajor ShareholderSell3,200,000$31.99$102,368,000.00View SEC Filing  
12/10/2014Phoenix Investments Holdings LMajor ShareholderSell491,765$31.80$15,638,127.00View SEC Filing  
11/21/2014Gene A BermanEVPSell212,434$29.37$6,239,186.58View SEC Filing  
11/21/2014Hessam NadjiInsiderSell109,825$29.37$3,225,560.25View SEC Filing  
11/21/2014John J KerinCEOSell160,000$29.37$4,699,200.00View SEC Filing  
11/21/2014Martin E LouieCFOSell28,692$29.37$842,684.04View SEC Filing  
11/21/2014William E HughesSVPSell45,508$29.37$1,336,569.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Marcus & Millichap (NYSE:MMI)
DateHeadline
bizjournals.com logoEnergy firm's regional headquarters at Southpointe on the market (NYSE:MMI)
www.bizjournals.com - February 16 at 6:11 PM
capitalcube.com logoMarcus & Millichap, Inc. breached its 50 day moving average in a Bullish Manner : MMI-US : February 16, 2017 (NYSE:MMI)
www.capitalcube.com - February 16 at 6:11 PM
investornewswire.com logoExpected For Marcus & Millichap, Inc. (NYSE:MMI) Sales Of $753.935 - Investor Newswire (NYSE:MMI)
www.investornewswire.com - February 14 at 12:46 AM
finance.yahoo.com logoLargest Apartment Transaction to Date in Portland’s Urban Core Closed by Marcus & Millichap’s IPA Division for $126.7 Million (NYSE:MMI)
finance.yahoo.com - February 7 at 7:53 PM
finance.yahoo.com logo$32.25 Million Fairfield County Multifamily Asset Sold by Marcus & Millichap’s IPA Division (NYSE:MMI)
finance.yahoo.com - February 6 at 6:39 PM
finance.yahoo.com logoMetalo Manufacturing Inc. - Convertible Debenture Interest Paid in Shares (NYSE:MMI)
finance.yahoo.com - February 1 at 7:27 PM
4-traders.com logoMarcus & Millichap : Closes the Largest 2016 Medical Office Transaction in Michigan (NYSE:MMI)
www.4-traders.com - January 24 at 7:21 PM
thestreet.com logoGoogle has Acquired 200 Companies Since 2001 -- Here Are Its Biggest Failures (NYSE:MMI)
www.thestreet.com - January 24 at 7:21 PM
finance.yahoo.com logoMarcus & Millichap Closes the Largest 2016 Medical Office Transaction in Michigan (NYSE:MMI)
finance.yahoo.com - January 24 at 7:21 PM
News IconSteady As She Goes, Accelerated Growth Puts Stock in Focus: Marcus & Millichap, Inc. (NYSE:MMI) - Wall Street Beacon (NYSE:MMI)
wsbeacon.com - January 19 at 8:46 PM
News IconRatings Change: Analysts take a look at Marcus & Millichap Inc (NYSE:MMI) having this to say. - Fair View Times (NYSE:MMI)
fairviewtimes.com - January 14 at 1:06 AM
finance.yahoo.com logoMoto invites developers to join Mods ecosystem (NYSE:MMI)
in.finance.yahoo.com - January 6 at 7:16 PM
capitalcube.com logoMarcus & Millichap, Inc. breached its 50 day moving average in a Bullish Manner : MMI-US : January 5, 2017 (NYSE:MMI)
www.capitalcube.com - January 5 at 8:00 PM
thestreet.com logo7 Bargain-Basement Stocks That Could Rebound in 2017 (NYSE:MMI)
realmoney.thestreet.com - January 4 at 7:25 PM
publicnow.com logoMarcus & Millichap’s IPA Division Closes $43.55 Million Multifamily Property Sale in San Fernando Valley (NYSE:MMI)
www.publicnow.com - January 3 at 10:32 PM
fool.com logoRemember When Google and Microsoft Wanted to Make Phones? (NYSE:MMI)
www.fool.com - December 30 at 5:53 AM
News IconMarcus & Millichap Inc. (MMI) Shares Slip, Investors Watching ... - BNB Daily (blog) (NYSE:MMI)
www.baseball-news-blog.com - December 28 at 11:32 PM
finance.yahoo.com logoCoverage initiated on Marcus & Millichap by Citigroup (NYSE:MMI)
finance.yahoo.com - December 20 at 12:31 PM
4-traders.com logoMarcus & Millichap : Sale of multifamily apartment building announced (NYSE:MMI)
www.4-traders.com - December 15 at 12:21 AM
capitalcube.com logoETFs with exposure to Marcus & Millichap, Inc. : December 14, 2016 (NYSE:MMI)
www.capitalcube.com - December 14 at 7:17 PM
finance.yahoo.com logo'Moto M' smartphone launched in India (NYSE:MMI)
in.finance.yahoo.com - December 13 at 9:36 AM
finance.yahoo.com logoTrump's presidency a win for commercial real estate? (NYSE:MMI)
finance.yahoo.com - December 8 at 7:09 PM
finance.yahoo.com logo$95.5 Million Silicon Valley Multifamily Sale Closed by Marcus & Millichap’s IPA Division (NYSE:MMI)
finance.yahoo.com - December 5 at 3:45 PM
finance.yahoo.com logoMarcus & Millichap’s IPA Division Closed the Sale of The Isle at Arrowhead Ranch For $42 Million (NYSE:MMI)
finance.yahoo.com - December 5 at 3:45 PM
News IconMarcus & Millichap Inc. (MMI) stock slides, “Hold” rating reaffirmed ... - The Ledger Gazette (NYSE:MMI)
ledgergazette.com - December 1 at 6:32 PM
capitalcube.com logoETFs with exposure to Marcus & Millichap, Inc. : November 30, 2016 (NYSE:MMI)
www.capitalcube.com - November 30 at 6:43 PM
finance.yahoo.com logoMetalo Manufacturing Inc. Files September 30, 2016 Q1 Financial Statements and MD&A on SEDAR (NYSE:MMI)
finance.yahoo.com - November 25 at 6:08 PM
publicnow.com logoNext Gen Brokerage Tool Launched by Marcus & Millichap (NYSE:MMI)
www.publicnow.com - November 23 at 9:21 AM
News IconInsider Trade: Hessam Nadji Sold 13,500 Shares of Marcus & Millichap Inc (NYSE:MMI) (NYSE:MMI)
www.whatsonthorold.com - November 19 at 8:51 AM
capitalcube.com logoMarcus & Millichap, Inc. :MMI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 18, 2016 (NYSE:MMI)
www.capitalcube.com - November 18 at 5:49 PM
finance.yahoo.com logoMARCUS & MILLICHAP, INC. Financials (NYSE:MMI)
finance.yahoo.com - November 17 at 5:53 PM
finance.yahoo.com logo5 DuPont-Tested Stocks for Promising Returns (NYSE:MMI)
finance.yahoo.com - November 17 at 9:59 AM
nasdaq.com logoWill Marcus & Millichap (MMI) Continue to Surge Higher? - Nasdaq (NYSE:MMI)
www.nasdaq.com - November 15 at 6:48 PM
finance.yahoo.com logoWill Marcus & Millichap (MMI) Continue to Surge Higher? (NYSE:MMI)
finance.yahoo.com - November 15 at 9:53 AM
marketwatch.com logo5 real estate trends to watch in 2017 (NYSE:MMI)
www.marketwatch.com - November 15 at 9:53 AM
capitalcube.com logoETF’s with exposure to Marcus & Millichap, Inc. : November 11, 2016 (NYSE:MMI)
www.capitalcube.com - November 11 at 5:53 PM
publicnow.com logoMarcus & Millichap Capital Corp. and ReadyCap Enter Into Preferred Correspondent Agreement (NYSE:MMI)
www.publicnow.com - November 11 at 8:36 AM
capitalcube.com logoMarcus & Millichap, Inc. breached its 50 day moving average in a Bullish Manner : MMI-US : November 10, 2016 (NYSE:MMI)
www.capitalcube.com - November 10 at 8:58 AM
biz.yahoo.com logoMARCUS & MILLICHAP, INC. Files SEC form 10-Q, Quarterly Report (NYSE:MMI)
biz.yahoo.com - November 7 at 6:46 PM
News IconMarcus & Millichap Reports Strong Third Quarter - San Fernando Valley Business Journal (NYSE:MMI)
www.sfvbj.com - November 5 at 6:09 PM
rttnews.com logoEARNINGS SUMMARY: Details of Marcus & Millichap Inc. Q3 Earnings Report (NYSE:MMI)
www.rttnews.com - November 4 at 5:37 PM
News IconMarcus & Millichap posts 3Q profit (NYSE:MMI)
sports.yahoo.com - November 4 at 5:37 PM
News IconMarcus & Millichap posts 3Q profit - Yahoo Sports (NYSE:MMI)
sports.yahoo.com - November 4 at 9:28 AM
publicnow.com logo$32.5 Million Power Center Sold by Marcus & Millichap (NYSE:MMI)
www.publicnow.com - November 4 at 9:28 AM
businesswire.com logoMarcus & Millichap, Inc. Reports Results for Third Quarter 2016 - Business Wire (press release) (NYSE:MMI)
www.businesswire.com - November 3 at 6:15 PM
biz.yahoo.com logoMARCUS & MILLICHAP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:MMI)
biz.yahoo.com - November 3 at 6:15 PM
publicnow.com logoMarcus & Millichap, Inc. Reports Results for Third Quarter 2016 (NYSE:MMI)
www.publicnow.com - November 3 at 6:15 PM
finance.yahoo.com logo4:28 pm Marcus & Millichap beats by $0.01, beats on revs (NYSE:MMI)
finance.yahoo.com - November 3 at 6:15 PM
biz.yahoo.com logoQ3 2016 Marcus & Millichap Inc Earnings Release - After Market Close (NYSE:MMI)
biz.yahoo.com - November 3 at 10:03 AM
publicnow.com logoInnovation in financial services – a critical strategic enabler (NYSE:MMI)
www.publicnow.com - November 1 at 10:48 AM

Social

What is Marcus & Millichap's stock symbol?

Marcus & Millichap trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMI."

Where is Marcus & Millichap's stock going? Where will Marcus & Millichap's stock price be in 2017?

3 analysts have issued twelve-month price objectives for Marcus & Millichap's stock. Their predictions range from $27.00 to $27.00. On average, they anticipate Marcus & Millichap's stock price to reach $27.00 in the next twelve months.

When will Marcus & Millichap announce their earnings?

Marcus & Millichap is scheduled to release their next quarterly earnings announcement on Wednesday, March, 8th 2017.

Who owns Marcus & Millichap stock?

Marcus & Millichap's stock is owned by a number of of institutional and retail investors. Top institutional investors include George M Marcus (55.20%), Royce & Associates LP (6.71%), Route One Investment Company L.P. (4.01%), Aberdeen Asset Management PLC UK (2.40%), Dimensional Fund Advisors LP (1.47%) and State Street Corp (0.66%). Company insiders that own Marcus & Millichap stock include Gene A Berman, Hessam Nadji, John J Kerin, Kurt Henry Schwarz, Martin E Louie, Phoenix Investments Holdings L and William E Hughes.

Who sold Marcus & Millichap stock? Who is selling Marcus & Millichap stock?

Marcus & Millichap's stock was sold by a variety of institutional investors in the last quarter, including Wall Street Associates, GSA Capital Partners LLP, Oxford Asset Management, Foresters Investment Management Company Inc., Tudor Investment Corp Et Al, Allianz Asset Management AG, Freestone Capital Holdings LLC and Horizon Kinetics LLC. Company insiders that have sold Marcus & Millichap stock in the last year include Gene A Berman, Hessam Nadji, Martin E Louie and William E Hughes.

Who bought Marcus & Millichap stock? Who is buying Marcus & Millichap stock?

Marcus & Millichap's stock was purchased by a variety of institutional investors in the last quarter, including Aberdeen Asset Management PLC UK, Route One Investment Company L.P., Steel Canyon Capital LLC, Royce & Associates LP, Dimensional Fund Advisors LP, State Board of Administration of Florida Retirement System, Cornercap Investment Counsel Inc. and Zebra Capital Management LLC.

How do I buy Marcus & Millichap stock?

Shares of Marcus & Millichap can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Marcus & Millichap stock cost?

One share of Marcus & Millichap stock can currently be purchased for approximately $27.64.

Marcus & Millichap (NYSE:MMI) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Marcus & Millichap (NYSE:MMI)

Earnings History Chart

Earnings by Quarter for Marcus & Millichap (NYSE:MMI)

Dividend History Chart

Dividend Payments by Quarter for Marcus & Millichap (NYSE:MMI)

Last Updated on 2/22/2017 by MarketBeat.com Staff