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NYSE:MMI

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

$37.79
-0.57 (-1.49%)
(As of 09/6/2024 ET)
Today's Range
$37.64
$38.55
50-Day Range
$30.23
$40.10
52-Week Range
$26.81
$44.24
Volume
65,572 shs
Average Volume
137,588 shs
Market Capitalization
$1.46 billion
P/E Ratio
N/A
Dividend Yield
1.32%
Price Target
$30.00

Marcus & Millichap MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
20.6% Downside
$30.00 Price Target
Short Interest
Healthy
2.74% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.01mentions of Marcus & Millichap in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.12 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.46 out of 5 stars

Finance Sector

846th out of 871 stocks

Real Estate Agents & Managers Industry

13th out of 14 stocks

MMI stock logo

About Marcus & Millichap Stock (NYSE:MMI)

Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides research, advisory, and consulting services, which include opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services for developers, lenders, owners, real estate investment trusts, high-net-worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.

MMI Stock Price History

MMI Stock News Headlines

Wells Fargo Sticks to Their Sell Rating for Marcus & Millichap (MMI)
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Marcus & Millichap Inc. Q2 Loss Decreases, Beats Estimates
Marcus & Millichap (NYSE:MMI) Misses Q2 Sales Targets
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Ex-Dividend for 10/4 Dividend
9/16/2024
Dividend Payable
10/04/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
Real Estate
Employees
890
Year Founded
1971

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
-20.6%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$-34,030,000.00
Pretax Margin
-6.68%

Debt

Sales & Book Value

Annual Sales
$615.74 million
Book Value
$16.18 per share

Miscellaneous

Free Float
23,515,000
Market Cap
$1.46 billion
Optionable
Optionable
Beta
1.12

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MMI Stock Analysis - Frequently Asked Questions

How have MMI shares performed this year?

Marcus & Millichap's stock was trading at $43.68 at the beginning of the year. Since then, MMI shares have decreased by 13.5% and is now trading at $37.79.
View the best growth stocks for 2024 here
.

How were Marcus & Millichap's earnings last quarter?

Marcus & Millichap, Inc. (NYSE:MMI) released its quarterly earnings data on Wednesday, August, 7th. The real estate investment trust reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.01. The real estate investment trust earned $158.37 million during the quarter. Marcus & Millichap had a negative trailing twelve-month return on equity of 5.50% and a negative net margin of 5.68%.

How will Marcus & Millichap's stock buyback program work?

Marcus & Millichap's Board of Directors approved a stock buyback plan on Thursday, May 4th 2023, which permits the company to repurchase $70,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 6.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

What is Hessam Nadji's approval rating as Marcus & Millichap's CEO?

173 employees have rated Marcus & Millichap Chief Executive Officer Hessam Nadji on Glassdoor.com. Hessam Nadji has an approval rating of 81% among the company's employees.

Does Marcus & Millichap have any subsidiaries?

Marcus & Millichap subsidiaries include these companies: LMI, Pinnacle Financial Group, Marcus & Millichap Capital Corporation, Marcus & Millichap Capital Corporation Canada Inc., Marcus & Millichap Chicago Multifamily Brokers LLC, Marcus & Millichap Real Estate Investment Services Inc., Marcus & Millichap REIS Canada Inc., and more.

Who are Marcus & Millichap's major shareholders?

Marcus & Millichap's top institutional investors include Dimensional Fund Advisors LP (4.63%), Reinhart Partners LLC. (4.41%), Tributary Capital Management LLC (1.70%) and Pzena Investment Management LLC (1.66%). Insiders that own company stock include Hessam Nadji, John David Parker, Don C Watters, Richard D Matricaria and Gregory A Laberge.
View institutional ownership trends
.

How do I buy shares of Marcus & Millichap?

Shares of MMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Marcus & Millichap own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Marcus & Millichap investors own include CBRE Group (CBRE), Jones Lang LaSalle (JLL), HFF (HF), Bank of America (BAC), Chevron (CVX), Johnson & Johnson (JNJ) and Wells Fargo & Company (WFC).

This page (NYSE:MMI) was last updated on 9/7/2024 by MarketBeat.com Staff

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