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 shares have increased by 16.0% and is now trading at $31.60. 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 data on Thursday, May, 7th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The real estate investment trust had revenue of $190.70 million for the quarter, compared to analyst estimates of $167.80 million. Marcus & Millichap had a return on equity of 15.44% and a net margin of 8.89%. The firm's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 EPS. View Marcus & Millichap's earnings history.

2 brokers have issued 12 month target prices for Marcus & Millichap's shares. Their forecasts range from $23.00 to $23.00. On average, they expect Marcus & Millichap's share price to reach $23.00 in the next twelve months. This suggests that the stock has a possible downside of 27.2%. View analysts' price targets for Marcus & Millichap.

Headlines about MMI stock have trended very negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marcus & Millichap earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMarcus & Millichap.

Some companies that are related to Marcus & Millichap include Marriott Vacations Worldwide (VAC), Redfin (RDFN), Newmark Group (NMRK), Realogy (RLGY), eXp World (EXPI), 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.84%), Janus Henderson Group PLC (2.75%), Lord Abbett & CO. LLC (2.23%), State Street Corp (1.81%), Reinhart Partners Inc. (1.58%) and Tributary Capital Management LLC (1.54%). 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 APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., UBS Group AG, Morgan Stanley, Morgan Stanley, WINTON GROUP Ltd, and Tributary Capital Management LLC. Company insiders that have sold Marcus & Millichap company stock in the last year include Hessam Nadji, and Mitchell R Labar. View insider buying and selling activity for Marcus & Millichap.

MMI stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Matarin Capital Management LLC, Reinhart Partners Inc., Janus Henderson Group PLC, APG Asset Management N.V., State Street Corp, Geode Capital Management LLC, and Mackay Shields 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 $31.60.

Marcus & Millichap has a market capitalization of $1.24 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]