Marcus & Millichap Stock Price, News & Analysis (NYSE:MMI)

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

Marcus & Millichap Inc (NYSE:MMI) issued its quarterly earnings data on Tuesday, August, 6th. The real estate investment trust reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.11. The real estate investment trust earned $209.59 million during the quarter, compared to the consensus estimate of $188.33 million. Marcus & Millichap had a net margin of 10.35% and a return on equity of 20.13%. The company's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.56 earnings per share. View Marcus & Millichap's Earnings History.

Marcus & Millichap is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Marcus & Millichap.

News headlines about MMI stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marcus & Millichap earned a daily sentiment score of -2.6 on InfoTrie's scale. They also gave news coverage 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 impact on the company's share price in the near future. View News Stories for Marcus & Millichap.

Marcus & Millichap saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 853,600 shares, a decline of 9.8% from the August 15th total of 946,000 shares. Based on an average daily trading volume, of 204,500 shares, the days-to-cover ratio is currently 4.2 days. Approximately 3.8% 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), Newmark Group (NMRK), Redfin (RDFN), Realogy (RLGY), Bluegreen Vacations (BXG), Re/Max (RMAX), eXp World (EXPI), 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), Colliers International Group (CIGI), Cisco Systems (CSCO), Bank of America (BAC), Chevron (CVX), General Electric (GE) and Walker & Dunlop (WD).

Marcus & Millichap's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%) and Everence Capital Management Inc. (0.02%). 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Everence Capital Management Inc.. 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 $35.24.

Marcus & Millichap has a market capitalization of $1.38 billion and generates $814.82 million in revenue each year. The real estate investment trust earns $87.26 million in net income (profit) each year or $2.22 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]