Marcus & Millichap Stock Forecast, Price & News

Marcus & Millichap's stock was trading at $27.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MMI stock has decreased by 1.8% and is now trading at $26.75.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marcus & Millichap in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Marcus & Millichap.

Marcus & Millichap is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Marcus & Millichap.

Marcus & Millichap Inc (NYSE:MMI) posted its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.02. The real estate investment trust earned $190.70 million during the quarter, compared to analyst estimates of $167.80 million. Marcus & Millichap had a net margin of 7.15% and a return on equity of 10.69%. The business's quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 EPS.
View Marcus & Millichap's earnings history.

2 brokerages have issued 1 year target prices for Marcus & Millichap's stock. Their forecasts range from $28.00 to $28.00. On average, they anticipate Marcus & Millichap's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price.
View analysts' price targets for Marcus & Millichap.

Marcus & Millichap saw a increase in short interest in August. As of August 31st, there was short interest totaling 763,200 shares, an increase of 15.8% from the August 15th total of 658,900 shares. Based on an average daily volume of 116,900 shares, the short-interest ratio is currently 6.5 days. Approximately 3.3% of the shares of the company are sold short.
View Marcus & Millichap's Short Interest.

Some companies that are related to Marcus & Millichap include Marriott Vacations Worldwide (VAC), eXp World (EXPI), Realogy (RLGY), Newmark Group (NMRK), Re/Max (RMAX), Bluegreen Vacations (BXG), 1847 Goedeker (FTHM), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).
View all competitors.

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), Micron Technology (MU), Bank of America (BAC), Colliers International Group (CIGI), General Electric (GE) and Walker & Dunlop (WD).

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

Marcus & Millichap's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.10%), Reinhart Partners Inc. (1.79%), Tributary Capital Management LLC (1.65%), Granite Investment Partners LLC (0.98%), Bank of New York Mellon Corp (0.74%) and Charles Schwab Investment Management Inc. (0.48%). Company insiders that own Marcus & Millichap stock include George M Marcus, Hessam Nadji, Martin E Louie, Mitchell R Labar and Phoenix Investments Holdings L.
View institutional ownership trends for Marcus & Millichap.

MMI stock was sold by a variety of institutional investors in the last quarter, including AJO LP, WINTON GROUP Ltd, Goldman Sachs Group Inc., Vanguard Group Inc., Principal Financial Group Inc., Principal Financial Group Inc., First Trust Advisors LP, and UBS Group AG.
View insider buying and selling activity for Marcus & Millichap.

MMI stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Natixis Advisors L.P., Assenagon Asset Management S.A., Tributary Capital Management LLC, Charles Schwab Investment Management Inc., RBF Capital LLC, Balyasny Asset Management LLC, and Nuveen Asset Management LLC.
View insider buying and selling activity 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 $26.75.

Marcus & Millichap has a market capitalization of $1.05 billion and generates $806.43 million in revenue each year. The real estate investment trust earns $76.93 million in net income (profit) each year or $1.95 on an earnings per share basis. Marcus & Millichap employs 831 workers across the globe.

The official website for Marcus & Millichap is 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 evelyn.[email protected]