NYSE:MMI - Marcus & Millichap Stock Price, News & Analysis

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

Marcus & Millichap Inc (NYSE:MMI) announced its quarterly earnings data on Tuesday, August, 6th. The real estate investment trust reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.11. The real estate investment trust had revenue of $209.59 million for the quarter, compared to analyst estimates of $188.33 million. Marcus & Millichap had a net margin of 10.35% and a return on equity of 20.13%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.56 earnings per share. View Marcus & Millichap's Earnings History.

Marcus & Millichap is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Marcus & Millichap.

Press coverage about MMI stock has trended positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Marcus & Millichap earned a news impact score of 2.5 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Marcus & Millichap.

Marcus & Millichap saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 916,400 shares, an increase of 13.2% from the June 30th total of 809,200 shares. Based on an average daily trading volume, of 234,500 shares, the short-interest ratio is presently 3.9 days. Approximately 4.1% of the company's stock are sold short. View Marcus & Millichap's Current Options Chain.

Some companies that are related to Marcus & Millichap include Marriott Vacations Worldwide (VAC), Redfin (RDFN), Newmark Group (NMRK), Realogy (RLGY), Bluegreen Vacations (BXG), eXp World (EXPI), Re/Max (RMAX), MDJM (MDJH) and Novation Companies (NOVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Marcus & Millichap investors own include Jones Lang LaSalle (JLL), CBRE Group (CBRE), HFF (HF), Newmark Group (NMRK), Colliers International Group (CIGI), Cisco Systems (CSCO), Bank of America (BAC), Chevron (CVX), General Electric (GE) and Walker & Dunlop (WD).

Marcus & Millichap's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.44%), Vanguard Group Inc. (9.01%), Invesco Ltd. (1.38%), Granite Investment Partners LLC (0.98%), APG Asset Management N.V. (0.84%) and Northern Trust Corp (0.80%). Company insiders that own Marcus & Millichap stock include George M Marcus, Hessam Nadji, Martin E Louie, Mitchell R Labar, Phoenix Investments Holdings L and William E Hughes. View Institutional Ownership Trends for Marcus & Millichap.

MMI stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., First Quadrant L P CA, BlackRock Inc., Bank of America Corp DE, Wells Fargo & Company MN, Parametric Portfolio Associates LLC, Charles Schwab Investment Management Inc. and State Board of Administration of Florida Retirement System. Company insiders that have sold Marcus & Millichap company stock in the last year include George M Marcus, Hessam Nadji, Martin E Louie, Mitchell R Labar and Phoenix Investments Holdings L. View Insider Buying and Selling for Marcus & Millichap.

MMI stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Southside Capital LLC, APG Asset Management N.V., Morgan Stanley, Nuveen Asset Management LLC, Invesco Ltd., Waratah Capital Advisors Ltd. and First Trust Advisors LP. View Insider Buying and Selling for Marcus & Millichap.

Shares of MMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MMI stock can currently be purchased for approximately $33.85.

Marcus & Millichap has a market capitalization of $1.32 billion and generates $814.82 million in revenue each year. The real estate investment trust earns $87.26 million in net income (profit) each year or $2.22 on an earnings per share basis. Marcus & Millichap employs 831 workers across the globe.View Additional Information About Marcus & Millichap.

The official website for Marcus & Millichap is http://www.marcusmillichap.com/.

Marcus & Millichap's mailing address is 23975 PARK SORRENTO SUITE 400, CALABASAS CA, 91302. The real estate investment trust can be reached via phone at 818-212-2250 or via email at [email protected]