Marcus & Millichap, Inc., a brokerage firm, provides 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, and industrial properties, as well as hospitality, self-storage, seniors housing, land, and manufactured housing properties. It also operates as a broker of debt financing for commercial properties. In addition, the company provides various ancillary services, including research, and advisory and consulting services to 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate agents & managers
Sub-IndustryN/A
SectorFinance
SymbolNYSE:MMI
CUSIPN/A
Phone818-212-2250
Debt
Debt-to-Equity Ratio0.02
Current Ratio6.40
Quick Ratio6.40
Price-To-Earnings
Trailing P/E Ratio23.35
Forward P/E Ratio19.04
P/E Growth3.19
Sales & Book Value
Annual Sales$719.70 million
Price / Sales2.03
Cash Flow$1.7860 per share
Price / Cash21.21
Book Value$8.26 per share
Price / Book4.59
Profitability
EPS (Most Recent Fiscal Year)$1.62
Net Income$51.52 million
Net Margins8.44%
Return on Equity23.79%
Return on Assets17.27%
Miscellaneous
Employees774
Outstanding Shares38,620,000
Market Cap$1.47 billion
Marcus & Millichap (NYSE:MMI) Frequently Asked Questions
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 quarterly earnings results on Tuesday, August, 7th. The real estate investment trust reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.04. The real estate investment trust had revenue of $199.40 million for the quarter, compared to analyst estimates of $194.60 million. Marcus & Millichap had a return on equity of 23.79% and a net margin of 8.44%. View Marcus & Millichap's Earnings History.
When is Marcus & Millichap's next earnings date?
What price target have analysts set for MMI?
4 equities research analysts have issued 1-year price targets for Marcus & Millichap's shares. Their predictions range from $37.00 to $46.00. On average, they expect Marcus & Millichap's stock price to reach $41.50 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Marcus & Millichap.
What is the consensus analysts' recommendation for Marcus & Millichap?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marcus & Millichap in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marcus & Millichap.
Who are some of Marcus & Millichap's key competitors?
Who are Marcus & Millichap's key executives?
Marcus & Millichap's management team includes the folowing people:
- Mr. George M. Marcus, Co-Founder & Co-Chairman (Age 77)
- Mr. William A. Millichap, Co-Founder & Co-Chairman (Age 74)
- Mr. Hessam Nadji, Pres, CEO & Director (Age 53)
- Mr. Martin E. Louie, Sr. VP & CFO (Age 57)
- Mr. Mitchell R. LaBar, Exec. VP & COO (Age 58)
Has Marcus & Millichap been receiving favorable news coverage?
News headlines about MMI stock have been trending somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marcus & Millichap earned a news and rumor sentiment score of 0.09 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 47.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Marcus & Millichap.
Who are Marcus & Millichap's major shareholders?
Marcus & Millichap's stock is owned by a variety of of institutional and retail investors. Top institutional investors include MARCUS GEORGE M (46.30%), Royce & Associates LP (6.89%), BlackRock Inc. (5.04%), Standard Life Aberdeen plc (3.57%), Dimensional Fund Advisors LP (2.89%) and Granite Investment Partners LLC (1.65%). Company insiders that own Marcus & Millichap stock include George M Marcus, Hessam Nadji, Martin E Louie, Phoenix Investments Holdings L and William E Hughes. View Institutional Ownership Trends for Marcus & Millichap.
Which institutional investors are selling Marcus & Millichap stock?
MMI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Standard Life Aberdeen plc, Millennium Management LLC, Acadian Asset Management LLC, Citadel Advisors LLC, Cambiar Investors LLC, Paloma Partners Management Co and Macquarie Group Ltd.. Company insiders that have sold Marcus & Millichap company stock in the last year include George M Marcus, Hessam Nadji, Martin E Louie, Phoenix Investments Holdings L and William E Hughes. View Insider Buying and Selling for Marcus & Millichap.
Which institutional investors are buying Marcus & Millichap stock?
MMI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Fuller & Thaler Asset Management Inc., Schwab Charles Investment Management Inc., Wells Fargo & Company MN, Mackay Shields LLC, Bank of America Corp DE and Tributary Capital Management LLC. View Insider Buying and Selling for Marcus & Millichap.
How do I buy shares of 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.
What is Marcus & Millichap's stock price today?
One share of MMI stock can currently be purchased for approximately $37.88.
How big of a company is Marcus & Millichap?
Marcus & Millichap has a market capitalization of $1.47 billion and generates $719.70 million in revenue each year. The real estate investment trust earns $51.52 million in net income (profit) each year or $1.62 on an earnings per share basis. Marcus & Millichap employs 774 workers across the globe.
How can I contact Marcus & Millichap?
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]
MarketBeat Community Rating for Marcus & Millichap (NYSE MMI)
MarketBeat's community ratings are surveys of what our community members think about Marcus & Millichap and other stocks. Vote "Outperform" if you believe MMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
