Marcus & Millichap Company Profile (NYSE:MMI)

About Marcus & Millichap (NYSE:MMI)

Marcus & Millichap logoMarcus & Millichap, Inc. is a brokerage company specializing in commercial real estate investment sales, financing, research and advisory services. The Company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory and consulting services. It provides its financing services through Marcus & Millichap Capital Corporation, which is a broker of debt financing for commercial properties. Its research, advisory and consulting services are designed to assist clients in forming their investment strategy and making transaction decisions. Its advisory services include opinions of value, operating and financial performance benchmarking analysis, and specific asset buy-sell strategies. As of December 31, 2016, the Company had over 1,700 investment sales and financing professionals in 82 offices in the United States and Canada that provide investment brokerage and financing services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Real Estate Development
  • Sub-Industry: N/A
  • Symbol: NYSE:MMI
  • CUSIP: N/A
  • Web: www.marcusmillichap.com
Capitalization:
  • Market Cap: $929.41 million
  • Outstanding Shares: 38,075,000
Average Prices:
  • 50 Day Moving Avg: $25.00
  • 200 Day Moving Avg: $25.96
  • 52 Week Range: $22.93 - $30.31
P/E:
  • Trailing P/E Ratio: 15.36
  • Foreward P/E Ratio: 14.03
  • P/E Growth: 1.68
Sales & Book Value:
  • Annual Revenue: $706.39 million
  • Price / Sales: 1.32
  • Book Value: $7.13 per share
  • Price / Book: 3.42
Profitability:
  • EBIDTA: $105.37 million
  • 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%
Misc:
  • Average Volume: 142,124 shs.
  • Beta: 1.57
  • Short Ratio: 12.64
 

Frequently Asked Questions for Marcus & Millichap (NYSE:MMI)

What is Marcus & Millichap's stock symbol?

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

How were Marcus & Millichap's earnings last quarter?

Marcus & Millichap Inc (NYSE:MMI) posted its earnings results on Tuesday, May, 9th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.02. The business had revenue of $153.20 million for the quarter, compared to analysts' expectations of $150.57 million. Marcus & Millichap had a net margin of 9.22% and a return on equity of 31.33%. The business's revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 earnings per share. View Marcus & Millichap's Earnings History.

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

4 brokers have issued 12 month price targets 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. View Analyst Ratings for Marcus & Millichap.

Who are some of Marcus & Millichap's key competitors?

Who owns Marcus & Millichap stock?

Marcus & Millichap's stock is owned by a variety of of retail and institutional investors. Top institutional investors include MARCUS GEORGE M (53.20%), Royce & Associates LP (9.15%), Aberdeen Asset Management PLC UK (3.70%), Vanguard Group Inc. (3.15%), Dimensional Fund Advisors LP (1.72%) and River Road Asset Management LLC (0.94%). 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. View Institutional Ownership Trends for Marcus & Millichap.

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 Kennedy Capital Management Inc., Prudential Financial Inc., Blair William & Co. IL, Jennison Associates LLC, Morgan Stanley, Bank of America Corp DE, Oxford Asset Management and Russell Investments Group Ltd.. Company insiders that have sold Marcus & Millichap stock in the last year include Hessam Nadji, Martin E Louie, Phoenix Investments Holdings L and William E Hughes. View Insider Buying and Selling for Marcus & Millichap.

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

Marcus & Millichap's stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Aberdeen Asset Management PLC UK, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Dimensional Fund Advisors LP, Sprott Inc., Vanguard Group Inc. and UBS Group AG. View Insider Buying and Selling for Marcus & Millichap.

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 $24.41.

Analyst Ratings

Consensus Ratings for Marcus & Millichap (NYSE:MMI) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $27.00 (10.61% upside)

Analysts' Ratings History for Marcus & Millichap (NYSE:MMI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/24/2017William BlairDowngradeOutperform -> Market PerformHighView Rating Details
12/20/2016Citigroup IncInitiated CoverageNeutralN/AView Rating Details
12/1/2016Wells Fargo & CoReiterated RatingHold$27.00N/AView Rating Details
6/8/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
11/10/2015Goldman Sachs Group IncUpgradeSell -> NeutralN/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Marcus & Millichap (NYSE:MMI)
Earnings by Quarter for Marcus & Millichap (NYSE:MMI)
Earnings History by Quarter for Marcus & Millichap (NYSE:MMI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.29$0.31$150.57 million$153.20 millionViewListenView Earnings Details
3/9/2017Q4 2016$0.42$0.44$192.93 million$189.20 millionViewListenView Earnings Details
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
5/7/2015Q1 2015$0.17$0.35$146.54 millionViewN/AView Earnings Details
3/5/2015Q4 14$0.42$0.42$177.56 million$172.44 millionViewN/AView Earnings Details
8/7/2014Q2 2014$0.23$0.33$118.62 million$134.27 millionViewN/AView Earnings Details
5/8/2014Q1 2014$0.07$0.17$92.27 million$114.59 millionViewN/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)
2017 EPS Consensus Estimate: $1.27
2018 EPS Consensus Estimate: $1.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.25$0.25$0.25
Q2 20171$0.31$0.31$0.31
Q3 20171$0.28$0.28$0.28
Q4 20171$0.43$0.43$0.43
Q1 20181$0.32$0.32$0.32
Q2 20181$0.42$0.42$0.42
Q3 20181$0.46$0.46$0.46
Q4 20181$0.45$0.45$0.45
(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 and Institutional Ownership History for Marcus & Millichap (NYSE:MMI)
Insider Ownership Percentage: 61.80%
Institutional Ownership Percentage: 34.26%
Insider Trades by Quarter for Marcus & Millichap (NYSE:MMI)
Institutional Ownership by Quarter for Marcus & Millichap (NYSE:MMI)
Insider Trades by Quarter for Marcus & Millichap (NYSE:MMI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Hessam NadjiCEOSell8,500$24.41$207,485.00View SEC Filing  
3/24/2017Hessam NadjiCEOSell9,000$24.17$217,530.00View SEC Filing  
3/22/2017Hessam NadjiCEOSell13,500$25.20$340,200.00View SEC Filing  
3/21/2017Hessam NadjiCEOSell4,500$24.97$112,365.00View SEC Filing  
3/20/2017Hessam NadjiCEOSell4,500$25.85$116,325.00View SEC Filing  
3/20/2017Phoenix Investments Holdings LMajor ShareholderSell512,643$24.50$12,559,753.50View SEC Filing  
2/22/2017William E HughesSVPSell6,541$27.99$183,082.59View SEC Filing  
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

Headline Trends for Marcus & Millichap (NYSE:MMI)
Latest Headlines for Marcus & Millichap (NYSE:MMI)
Source:
DateHeadline
finance.yahoo.com logoMetalo Manufacturing Inc. Files March 31, 2017 Q3 Financial Statements and MD&A on SEDAR
finance.yahoo.com - May 27 at 12:29 AM
americanbankingnews.com logoHessam Nadji Sells 8,500 Shares of Marcus & Millichap Inc (MMI) Stock
www.americanbankingnews.com - May 26 at 10:24 PM
finance.yahoo.com logoMarcus & Millichap Announces IPA Midwest-Multifamily Based in Ohio
finance.yahoo.com - May 19 at 11:12 AM
finance.yahoo.com logoMarcus & Millichap’s IPA Division Hires Veteran Investment Broker Kenneth J. Szady as National Director, IPA Office and Industrial
finance.yahoo.com - May 17 at 6:31 PM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 15 at 9:38 AM
finance.yahoo.com logoThis Singapore-listed REIT is capitalizing on the favorable US office real estate market
finance.yahoo.com - May 12 at 6:31 AM
bizjournals.com logoThese are the types of multifamily projects lenders will back in Houston
www.bizjournals.com - May 12 at 12:07 AM
finance.yahoo.com logoMarcus & Millichap, Inc. breached its 50 day moving average in a Bearish Manner : MMI-US : May 11, 2017
finance.yahoo.com - May 11 at 7:05 PM
americanbankingnews.com logoWilliam Blair Analysts Cut Earnings Estimates for Marcus & Millichap Inc (MMI)
www.americanbankingnews.com - May 11 at 8:12 AM
finance.yahoo.com logoEdited Transcript of MMI earnings conference call or presentation 9-May-17 9:00pm GMT
finance.yahoo.com - May 10 at 12:25 PM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 9 at 9:22 PM
marketbeat.com logoMarcus & Millichap posts 1Q profit
marketbeat.com - May 9 at 6:25 PM
finance.yahoo.com logoMarcus & Millichap, Inc. Reports Results for First Quarter 2017
finance.yahoo.com - May 9 at 6:15 PM
bizjournals.com logoApto understands unique needs of brokers
www.bizjournals.com - May 5 at 6:53 PM
finance.yahoo.com logoJeffery Daniels Joins Marcus & Millichap’s IPA Division as National Director, IPA Multifamily
finance.yahoo.com - May 3 at 5:38 PM
americanbankingnews.com logoMarcus & Millichap (MMI) Earning Favorable News Coverage, Report Shows
www.americanbankingnews.com - May 3 at 12:52 AM
americanbankingnews.com logoMarcus & Millichap (MMI) Earning Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 27 at 10:04 PM
finance.yahoo.com logoMarcus & Millichap, Inc. breached its 50 day moving average in a Bullish Manner : MMI-US : April 27, 2017
finance.yahoo.com - April 27 at 9:37 AM
finance.yahoo.com logoMarcus & Millichap, Inc. to Report First Quarter 2017 Financial Results on Tuesday, May 9, 2017
finance.yahoo.com - April 25 at 5:52 PM
americanbankingnews.com logoMarcus & Millichap (MMI) Getting Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 24 at 8:56 PM
americanbankingnews.com logoMarcus & Millichap (MMI) Receives News Impact Rating of 0.06
www.americanbankingnews.com - April 22 at 12:18 AM
finance.yahoo.com logo$63.1 Million Multifamily Sale in Hamden Brokered by Marcus & Millichap’s IPA Division
finance.yahoo.com - April 20 at 6:40 PM
bizjournals.com logo12 apartments sell for $1.6M in Tempe
www.bizjournals.com - April 19 at 11:39 PM
americanbankingnews.com logoMarcus & Millichap (MMI) Getting Somewhat Critical News Coverage, Study Finds
www.americanbankingnews.com - April 18 at 8:34 AM
americanbankingnews.com logoMarcus & Millichap (MMI) Receiving Somewhat Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 14 at 2:50 PM
finance.yahoo.com logo$55.2 Million Luxury Multifamily Property Sale Closed by Marcus & Millichap’s IPA Division
finance.yahoo.com - April 12 at 7:07 AM
finance.yahoo.com logoETFs with exposure to Marcus & Millichap, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 7:03 PM
finance.yahoo.com logoGuardrisk International Limited PCC -- Moody's places ratings of South African insurance groups on review for downgrade following action on the South African sovereign
finance.yahoo.com - April 7 at 11:13 AM
finance.yahoo.com logoMarcus & Millichap’s IPA Division Closes Sale of Luxury Apartment Building in Portland for $47.5 Million
finance.yahoo.com - April 7 at 11:13 AM
americanbankingnews.com logoWilliam Blair Brokers Cut Earnings Estimates for Marcus & Millichap Inc (MMI)
www.americanbankingnews.com - March 27 at 7:44 AM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) CEO Hessam Nadji Sells 9,000 Shares
www.americanbankingnews.com - March 24 at 10:16 PM
bizjournals.com logoPhoenix has highest retail vacancies among big US markets but population gains brighten picture
www.bizjournals.com - March 24 at 6:34 PM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 24 at 3:20 PM
americanbankingnews.com logoWilliam Blair Downgrades Marcus & Millichap Inc (MMI) to Market Perform
www.americanbankingnews.com - March 24 at 10:47 AM
americanbankingnews.com logoHessam Nadji Sells 4,500 Shares of Marcus & Millichap Inc (MMI) Stock
www.americanbankingnews.com - March 22 at 10:49 PM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) CEO Sells $112,365.00 in Stock
www.americanbankingnews.com - March 22 at 10:47 PM
americanbankingnews.com logoHessam Nadji Sells 13,500 Shares of Marcus & Millichap Inc (MMI) Stock
www.americanbankingnews.com - March 22 at 10:28 PM
americanbankingnews.com logoMarcus & Millichap Inc (MMI) Major Shareholder Phoenix Investments Holdings L Sells 512,643 Shares
www.americanbankingnews.com - March 22 at 10:27 PM
bizjournals.com logoReal estate forecast: Phoenix office market to improve but still battling high vacancies via small blocks
www.bizjournals.com - March 21 at 11:45 AM
biz.yahoo.com logoMARCUS & MILLICHAP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 9:15 AM
finance.yahoo.com logoMarcus & Millichap Capital Corp. and PGIM Real Estate Finance Enter Into Proprietary Preferred Correspondent Agreement
finance.yahoo.com - March 10 at 7:51 PM
bizjournals.com logoJob growth, construction deliveries driving Charlotte office market
www.bizjournals.com - March 10 at 7:51 PM
finance.yahoo.com logoEdited Transcript of MMI earnings conference call or presentation 9-Mar-17 10:00pm GMT
finance.yahoo.com - March 10 at 9:49 AM
nasdaq.com logoMarcus & Millichap Inc. Profit Declines 14% In Q4
www.nasdaq.com - March 9 at 6:23 PM
biz.yahoo.com logoMARCUS & MILLICHAP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
us.rd.yahoo.com - March 9 at 6:23 PM
us.rd.yahoo.com logo4:09 pm Marcus & Millichap misses by $0.01, misses on revs
us.rd.yahoo.com - March 9 at 6:23 PM
biz.yahoo.com logoQ4 2016 Marcus & Millichap Inc Earnings Release - After Market Close
biz.yahoo.com - March 9 at 8:42 AM
finance.yahoo.com logoMetalo Manufacturing Inc. files December 31, 2016 Q2 Financial Statements and Management Discussion and Analysis on SEDAR
finance.yahoo.com - February 27 at 6:05 PM
businesswire.com logoMarcus & Millichap, Inc. to Report Fourth Quarter 2016 Financial Results on Thursday, March 9, 2017 - Business Wire (press release)
www.businesswire.com - February 25 at 8:07 AM
finance.yahoo.com logoMarcus & Millichap, Inc. to Report Fourth Quarter 2016 Financial Results on Thursday, March 9, 2017
finance.yahoo.com - February 23 at 6:38 PM

Social

Chart

Marcus & Millichap (MMI) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff