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

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 Thursday, February, 20th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.03. The real estate investment trust earned $237.90 million during the quarter, compared to analyst estimates of $217.45 million. Marcus & Millichap had a return on equity of 17.11% and a net margin of 9.54%. The company's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. View Marcus & Millichap's Earnings History.

Marcus & Millichap is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Marcus & Millichap.

Media coverage about MMI stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marcus & Millichap earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Marcus & Millichap.

Marcus & Millichap saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 415,500 shares, a decline of 38.0% from the December 31st total of 669,800 shares. Based on an average trading volume of 142,500 shares, the short-interest ratio is currently 2.9 days. Currently, 1.8% of the shares of the 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), eXp World (EXPI), Re/Max (RMAX), Bluegreen Vacations (BXG), 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), Cisco Systems (CSCO), Bank of America (BAC), Micron Technology (MU), Snap (SNAP), Walker & Dunlop (WD) and Colliers International Group (CIGI).

Marcus & Millichap's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Royce & Associates LP (7.16%), Janus Henderson Group PLC (2.51%), Lord Abbett & CO. LLC (2.15%), Standard Life Aberdeen plc (1.95%), State Street Corp (1.66%) and Tributary Capital Management LLC (1.59%). 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 Standard Life Aberdeen plc, Lord Abbett & CO. LLC, Panagora Asset Management Inc., Southside Capital LLC, UBS Group AG, Russell Investments Group Ltd., Charles Schwab Investment Management Inc. and Tributary Capital Management LLC. Company insiders that have sold Marcus & Millichap company stock in the last year include Hessam Nadji, Martin E Louie and Mitchell R Labar. View Insider Buying and Selling for Marcus & Millichap.

MMI stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Reinhart Partners Inc., AJO LP, Goldman Sachs Group Inc., California Public Employees Retirement System, Geode Capital Management LLC, Great West Life Assurance Co. Can and State Street Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of MMI stock can currently be purchased for approximately $37.12.

Marcus & Millichap has a market capitalization of $1.45 billion and generates $806.43 million in revenue each year. The real estate investment trust earns $87.26 million in net income (profit) each year or $1.95 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]