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

Company Overview

Marcus & Millichap, Inc. is a commercial real estate brokerage and investment services firm that specializes in the sale, financing and advisory of investment properties. The company serves private and institutional investors, owners, developers and other participants in the commercial real estate market.

Its services include investment sales, financing and capital markets advisory, research, valuation and market analysis. Marcus & Millichap offers expertise across property types such as multifamily housing, industrial and office properties, retail centers, self-storage facilities, manufactured housing, senior housing, hospitality assets and land.

Founded in 1971 by George Marcus and William Millichap, the company has grown through a network of brokerage and financing professionals serving markets throughout the United States and Canada. Marcus & Millichap became a publicly traded company on the New York Stock Exchange in 2013.

George Marcus serves as chairman, and Hessam Nadji is president and chief executive officer. The company operates through a broad platform of offices and specialized divisions, including Marcus & Millichap Capital Corporation, which provides commercial real estate financing services.

Key Stats

• Today's Range: $28.03 to $28.79
• 50-Day Range: $28.23 to $32.68
• 52-Week Range: $24.43 to $33.55
• Volume: 198,034 shs
• Average Volume: 183,072 shs
• Market Capitalization: $1.09 billion
• P/E Ratio: 77.64
• Dividend Yield: 1.74%
• Price Target: $28.00
• Consensus Rating: Reduce

Marcus & Millichap Stock Analysis - MarketRank™

Marcus & Millichap scored higher than 10% of companies evaluated by MarketBeat, and ranked 175th out of 186 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Marcus & Millichap has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

Upside/Downside

The consensus price target for Marcus & Millichap is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Marcus & Millichap has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Marcus & Millichap is 77.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of Marcus & Millichap is 77.64, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.27.

Price to Book Value per Share Ratio

Marcus & Millichap has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.65% of the float of Marcus & Millichap has been sold short.

Short Interest Ratio / Days to Cover

Marcus & Millichap has a short interest ratio ("days to cover") of 9.39.

Change versus previous month

Short interest in Marcus & Millichap has recently increased by 1.20%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Marcus & Millichap pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Marcus & Millichap does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Marcus & Millichap is 135.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.26

News Sentiment

Marcus & Millichap has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Marcus & Millichap this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Marcus & Millichap insiders have not sold or bought any company stock.

Percentage Held by Insiders

39.20% of the stock of Marcus & Millichap is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.78% of the stock of Marcus & Millichap is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 10/6 Dividend: 9/15/2026
• Ex-Dividend for 10/6 Dividend: 9/15/2026
• Dividend Payable: 10/06/2026
• Today: 10/09/2026
• Next Earnings (Estimated): 10/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Real Estate Management & Development
• Sub-Industry: Real Estate Services
• Current Symbol: NYSE:MMI
• CIK: 1578732
• Web: www.marcusmillichap.com
• Phone: (818) 212-2250
• Fax: 818-212-2260
• Employees: 854
• Year Founded: 1971

Price Target and Rating

• Average Price Target for Marcus & Millichap: $28.00
• High Price Target: $28.00
• Low Price Target: $28.00
• Potential Upside/Downside: -2.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.37
• Trailing P/E Ratio: 77.64
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$1.91 million
• Net Margins: 1.77%
• Pretax Margin: 3.05%
• Return on Equity: 2.97%
• Return on Assets: 2.21%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.92
• Quick Ratio: 2.92

Sales & Book Value

• Annual Sales: $755.16 million
• Price / Sales: 1.44
• Cash Flow: $0.35 per share
• Price / Cash Flow: 82.44
• Book Value: $15.49 per share
• Price / Book: 1.85

Miscellaneous

• Outstanding Shares: 37,870,000
• Free Float: 23,026,000
• Market Cap: $1.09 billion
• Optionable: Optionable
• Beta: 1.29