Marcus & Millichap - MMI Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "sell" MMI shares.
View MMI analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month target prices for Marcus & Millichap's shares. Their MMI share price forecasts range from $26.00 to $26.00. On average, they predict the company's share price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 20.6%.
View analysts price targets for MMI or view top-rated stocks among Wall Street analysts.

Marcus & Millichap's stock was trading at $51.46 at the beginning of the year. Since then, MMI shares have decreased by 36.4% and is now trading at $32.73.
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Marcus & Millichap saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 800,200 shares, a drop of 9.2% from the August 15th total of 881,100 shares. Based on an average daily volume of 139,800 shares, the days-to-cover ratio is presently 5.7 days. Currently, 3.3% of the company's shares are short sold.
View Marcus & Millichap's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our MMI earnings forecast.

Marcus & Millichap, Inc. (NYSE:MMI) released its quarterly earnings results on Friday, August, 5th. The real estate investment trust reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.20. Marcus & Millichap had a net margin of 11.07% and a trailing twelve-month return on equity of 25.12%. During the same quarter in the previous year, the company posted $0.78 earnings per share.

Marcus & Millichap announced a Semi-Annual dividend on Wednesday, August 3rd. Stockholders of record on Thursday, September 15th will be given a dividend of $0.25 per share on Thursday, October 6th. This represents a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for MMI.

Marcus & Millichap (NYSE:MMI) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 11.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MMI.

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.

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).

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

Marcus & Millichap's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (4.07%), Reinhart Partners Inc. (2.96%), State Street Corp (2.05%), Tributary Capital Management LLC (1.08%), Federated Hermes Inc. (0.91%) and Northern Trust Corp (0.75%). 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.

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.
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One share of MMI stock can currently be purchased for approximately $32.73.

Marcus & Millichap (NYSE:MMI) has a market capitalization of $1.31 billion and generates $1.30 billion in revenue each year. The real estate investment trust earns $142.47 million in net income (profit) each year or $4.22 on an earnings per share basis.

The company employs 801 workers across the globe.

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.