S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Stock market today: Wall Street closes its worst week in six months with more losses
A Tech Stock You've Never Heard Of Just Hit The Rally Button
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Laser breakthrough could send stock soaring 2,467% (Ad)
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Stock market today: Wall Street closes its worst week in six months with more losses
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Is New IPO Instacart Already Hitting Speed Bumps?
Laser breakthrough could send stock soaring 2,467% (Ad)
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Stock market today: Wall Street closes its worst week in six months with more losses
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Is New IPO Instacart Already Hitting Speed Bumps?
Laser breakthrough could send stock soaring 2,467% (Ad)
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Stock market today: Wall Street closes its worst week in six months with more losses
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Is New IPO Instacart Already Hitting Speed Bumps?
Laser breakthrough could send stock soaring 2,467% (Ad)
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NYSE:MMI

Marcus & Millichap (MMI) Stock Forecast, Price & News

$29.89
-0.38 (-1.26%)
(As of 09/22/2023 ET)
Compare
Today's Range
$29.78
$30.31
50-Day Range
$29.89
$37.37
52-Week Range
$27.49
$39.45
Volume
65,325 shs
Average Volume
168,823 shs
Market Capitalization
$1.15 billion
P/E Ratio
85.40
Dividend Yield
1.67%
Price Target
$20.00

Marcus & Millichap MarketRank™ Forecast

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
33.1% Downside
$20.00 Price Target
Short Interest
Bearish
4.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.87mentions of Marcus & Millichap in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$645,850 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.46 out of 5 stars

Finance Sector

746th out of 809 stocks

Real Estate Agents & Managers Industry

11th out of 14 stocks


MMI stock logo

About Marcus & Millichap (NYSE:MMI) Stock

Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, which includes opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services for developers, lenders, owners, real estate investment trusts, high-net-worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.

MMI Price History

MMI Stock News Headlines

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Q2 2023 Marcus & Millichap Inc Earnings Call
Axos Bank Refis IOS Portfolio With $132M Loan
Marcus & Millichap's Earnings Outlook
See More Headlines
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MMI Company Calendar

Last Earnings
8/04/2023
Ex-Dividend for 10/6 Dividend
9/14/2023
Today
9/22/2023
Dividend Payable
10/06/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Employees
887
Year Founded
1971

Price Target and Rating

Average Stock Price Forecast
$20.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
-33.0%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$104.22 million
Pretax Margin
2.64%

Debt

Sales & Book Value

Annual Sales
$1.30 billion
Cash Flow
$2.87 per share
Book Value
$18.13 per share

Miscellaneous

Free Float
23,384,000
Market Cap
$1.15 billion
Optionable
Optionable
Beta
1.09

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Key Executives

  • Mr. George M. MarcusMr. George M. Marcus (Age 82)
    Founder & Chairman
    Comp: $65k
  • Mr. Hessam NadjiMr. Hessam Nadji (Age 58)
    Pres, CEO & Director
    Comp: $3.04M
  • Mr. Steven F. DeGennaroMr. Steven F. DeGennaro (Age 60)
    Exec. VP & CFO
    Comp: $1.32M
  • Mr. Gregory A. LaBerge (Age 52)
    Sr. VP & Chief Admin. Officer
    Comp: $828.12k
  • Mr. Richard D. MatricariaMr. Richard D. Matricaria (Age 44)
    Exec. VP & COO of Western Division
    Comp: $1.86M
  • Mr. John David ParkerMr. John David Parker (Age 42)
    Exec. VP & COO of Eastern Division
    Comp: $1.87M
  • Mr. Kurt Henry Schwarz (Age 64)
    First VP of Fin. & Chief Accounting Officer
  • Mr. Ken Sayward
    Sr. VP & Chief Information Officer
  • Mr. Mark Cortell
    Sr. VP & Chief Legal Officer
  • Mr. Andrew Strockis
    Sr. VP & Chief Marketing Officer













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 year. 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 Wall Street research analysts have issued 1 year price objectives for Marcus & Millichap's shares. Their MMI share price forecasts range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 33.0%.
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 on January 1st, 2023. Since then, MMI stock has decreased by 13.4% and is now trading at $29.84.
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 Thursday, November 2nd 2023.
View our MMI earnings forecast
.

How were Marcus & Millichap's earnings last quarter?

Marcus & Millichap, Inc. (NYSE:MMI) released its quarterly earnings results on Friday, August, 4th. The real estate investment trust reported ($0.23) EPS for the quarter, meeting the consensus estimate of ($0.23). The real estate investment trust had revenue of $162.87 million for the quarter. Marcus & Millichap had a net margin of 1.63% and a trailing twelve-month return on equity of 2.11%. During the same period in the previous year, the company posted $1.04 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 Wednesday, August 2nd. Stockholders of record on Friday, September 15th will be paid a dividend of $0.25 per share on Friday, October 6th. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 14th.
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 Harbor Small Cap Explorer ETF (QWST) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).Future Fund Long/Short ETF (FFLS).

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 1.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MMI.

How will Marcus & Millichap's stock buyback program work?

Marcus & Millichap declared that its board has approved a share buyback program on Thursday, May 4th 2023, which permits the company to repurchase $70,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.5% of its shares through open market purchases. Shares repurchase programs are generally 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 investors include BlackRock Inc. (10.78%), Royce & Associates LP (5.46%), Dimensional Fund Advisors LP (4.98%), Reinhart Partners LLC. (3.30%), Schroder Investment Management Group (2.89%) and State Street Corp (2.18%). Insiders that own company stock include Don C Watters, 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 $29.84.

How much money does Marcus & Millichap make?

Marcus & Millichap (NYSE:MMI) has a market capitalization of $1.15 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 $0.35 on an earnings per share basis.

How many employees does Marcus & Millichap have?

The company employs 887 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 9/23/2023 by MarketBeat.com Staff

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