NYSE:MMIMarcus & Millichap Stock Price, Forecast & 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 increased by 1.5% and is now trading at $27.64. View which stocks have been most impacted by Coronavirus.

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 Tuesday, August 4th 2020. View our earnings forecast for Marcus & Millichap.

Marcus & Millichap Inc (NYSE:MMI) released its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.33 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.02. The real estate investment trust earned $190.70 million during the quarter, compared to the consensus estimate of $167.80 million. Marcus & Millichap had a net margin of 8.89% and a return on equity of 15.44%. The firm's quarterly revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 earnings per share. View Marcus & Millichap's earnings history.

2 Wall Street analysts have issued 12-month price targets for Marcus & Millichap's shares. Their forecasts range from $28.00 to $28.00. On average, they expect Marcus & Millichap's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View analysts' price targets for Marcus & Millichap.

News headlines about MMI stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marcus & Millichap earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Marcus & Millichap.

Marcus & Millichap saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 565,800 shares, a decrease of 9.1% from the June 15th total of 622,600 shares. Based on an average trading volume of 162,900 shares, the short-interest ratio is presently 3.5 days. Approximately 2.5% of the shares of the stock are short sold. View Marcus & Millichap's Current Options Chain.

Some companies that are related to Marcus & Millichap include Redfin (RDFN), Marriott Vacations Worldwide (VAC), eXp World (EXPI), Realogy (RLGY), Newmark Group (NMRK), Re/Max (RMAX), Bluegreen Vacations (BXG), MDJM (MDJH) and Novation Companies (NOVC). 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 a number of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (1.79%) and Envestnet Asset Management Inc. (0.12%). 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Marcus & Millichap.

MMI stock was acquired by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. 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 $27.64.

Marcus & Millichap has a market capitalization of $1.09 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 [email protected]