NYSE:MMI - Marcus & Millichap Stock Price, Price Target & More

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

Marcus & Millichap Inc (NYSE:MMI) announced its earnings results on Tuesday, May, 8th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.08. The real estate investment trust earned $174.54 million during the quarter, compared to the consensus estimate of $160.85 million. Marcus & Millichap had a return on equity of 22.22% and a net margin of 7.76%. The company's revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm earned $0.31 earnings per share. View Marcus & Millichap's Earnings History.

4 analysts have issued 1-year price targets for Marcus & Millichap's shares. Their forecasts range from $37.00 to $46.00. On average, they anticipate Marcus & Millichap's share price to reach $41.50 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Marcus & Millichap include ILG (ILG), Marriott Vacations Worldwide (VAC), Realogy (RLGY), Newmark Group (NMRK), Redfin (RDFN), Bluegreen Vacations (BXG), Re/Max (RMAX) and Novation Companies (NOVC).

News articles about MMI stock have trended positive on Tuesday, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marcus & Millichap earned a media sentiment score of 0.49 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 46.80 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Marcus & Millichap's stock is owned by a variety of of institutional and retail investors. Top institutional investors include MARCUS GEORGE M (46.30%) and Campbell & CO Investment Adviser LLC (0.02%). 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.

MMI stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of MMI stock can currently be purchased for approximately $40.47.

Marcus & Millichap has a market capitalization of $1.56 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.

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]