Marcus & Millichap, Inc. (MMI)

NYSE: MMI · IEX Real-Time Price · USD
37.28
-0.14 (-0.37%)
Dec 2, 2022 4:00 PM EST - Market closed
-0.37%
Market Cap 1.47B
Revenue (ttm) 1.53B
Net Income (ttm) 158.32M
Shares Out 40.09M
EPS (ttm) 3.94
PE Ratio 9.46
Forward PE n/a
Dividend $1.50 (4.02%)
Ex-Dividend Date Sep 14, 2022
Volume 74,938
Open 36.74
Previous Close 37.42
Day's Range 36.51 - 37.42
52-Week Range 31.11 - 58.33
Beta 1.02
Analysts Sell
Price Target 26.52 (-28.9%)
Earnings Date Nov 4, 2022

About 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. It also operates as a financial intermediary that provides commercial real estate capi... [Read more]

Industry Real Estate Management & Development
IPO Date Oct 31, 2013
CEO Hessam Nadji
Employees 1,880
Stock Exchange NYSE
Ticker Symbol MMI
Full Company Profile

Financial Performance

In 2021, MMI's revenue was $1.30 billion, an increase of 80.84% compared to the previous year's $716.91 million. Earnings were $142.47 million, an increase of 232.58%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MMI stock is "Sell." The 12-month stock price forecast is 26.52, which is a decrease of -28.86% from the latest price.

Price Target
$26.52
(-28.86% downside)
Analyst Consensus: Sell
Stock Forecasts

News

7 Must-Own Safe Havens as Market Selloff Accelerates

Safe haven investments are a great way to lower risk over the long haul. Companies with consistent revenue and earnings tend to be more stable and help significantly lower risk during volatile market co...

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1 week ago - InvestorPlace

Marcus & Millichap CEO on the impact of rising rates on commercial real estate

Hessam Nadji, President and CEO of Marcus & Millichap, joins Worldwide Exchange to discuss the state of commercial real estate and the retail sector.

3 weeks ago - CNBC Television

Marcus & Millichap, Inc. Reports Results for Third Quarter 2022

CALABASAS, Calif.

1 month ago - Business Wire

Institutional Property Advisors Brokers $150 Million Luxury Multifamily Asset Sale in Scottsdale, Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. T...

1 month ago - Business Wire

Marcus & Millichap Brokers Crowne Plaza Hospitality Asset Sale in Austin

AUSTIN, Texas--(BUSINESS WIRE)-- #commercialpropertyinvestments--Marcus & Millichap Brokers Crowne Plaza Hospitality Asset Sale in Austin

1 month ago - Business Wire

Marcus & Millichap Announces Major Technology Enhancement for Accessing its Exclusive Inventory

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Announces Major Technology Enhancement for Accessing its Exclusive Inventory

1 month ago - Business Wire

7 Safe Havens All Investors Should Have Exposure to in 2022

Investors who have a high exposure to stocks in 2022 probably wish the year would end. Unless they raised their allocation in cash, their losses in the portfolio are mounting.

Other symbols: CFCNQCVEJNJNVSSQM
2 months ago - InvestorPlace

Marcus & Millichap and Project Destined Announce Expanded Partnership

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap and Project Destined Announce Expanded Partnership

2 months ago - Business Wire

The Mansour Group of Marcus & Millichap Brokers Largest Net Lease Retail Sale of the Year to Date

LOS ANGELES--(BUSINESS WIRE)---- $k #apartmentmentinvestments--The Mansour Group of Marcus & Millichap Brokers Largest Net Lease Retail Sale of the Year to Date

3 months ago - Business Wire

Marcus & Millichap, Inc. Reports Results for Second Quarter 2022

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, “MMI”) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment...

3 months ago - Business Wire

Marcus & Millichap Further Expands Capital Allocation Strategy With Initial Stock Repurchase Program

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, anno...

4 months ago - Business Wire

Institutional Property Advisors Brokers $85.7 Million Grocery-Anchored Power Center Sale

POTTSTOWN, Pa.--(BUSINESS WIRE)-- #commercialpropertyinvestments--Institutional Property Advisors Brokers $85.7 Million Grocery-Anchored Power Center Sale

4 months ago - Business Wire

Institutional Property Advisors Brokers $91 Million Luxury Multifamily Asset Sale in Gilbert, Arizona

GILBERT, Ariz.--(BUSINESS WIRE)---- $k #apartmentinvestments--Institutional Property Advisors Brokers $91 Million Luxury Multifamily Asset Sale in Gilbert, Arizona

4 months ago - Business Wire

Institutional Property Advisors Closes $64.3 Million Hollywood-Area Multifamily Asset Sale

LOS ANGELES--(BUSINESS WIRE)-- #apartmentmentinvestments--Institutional Property Advisors Closes $64.3 Million Hollywood-Area Multifamily Asset Sale

4 months ago - Business Wire

Marcus & Millichap, Inc. to Report Second Quarter 2022 Financial Results on Friday, August 5, 2022

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory s...

4 months ago - Business Wire

Institutional Property Advisors Closes Five-Property Texas Multifamily Sale

DALLAS--(BUSINESS WIRE)--Institutional Property Advisors Closes Five-Property Texas Multifamily Sale

5 months ago - Business Wire

Institutional Property Advisors Brokers $82 Million Inland Empire Multifamily Asset Sale

UPLAND, Calif.--(BUSINESS WIRE)--Institutional Property Advisors Brokers $82 Million Inland Empire Multifamily Asset Sale

5 months ago - Business Wire

SWBC Real Estate Sells Royalton Portfolio for $350M

SAN ANTONIO and DALLAS , June 21, 2022 /PRNewswire/ -- SWBC Real Estate, LLC, announced that it recently sold five multi-family properties in the Royalton Portfolio. Marcus & Millichap's Institutional P...

5 months ago - PRNewsWire

Marcus & Millichap Hires Head of Eastern Region Practice Lead

NEW YORK--(BUSINESS WIRE)--Marcus & Millichap Hires Head of Eastern Region Practice Lead

5 months ago - Business Wire

6 Great GARP Stocks to Buy to Get Growth at a Reasonable Price

These GARP stocks have good earnings prospects for 2023 yet trade at very low price-to-earnings multiples right now. The post 6 Great GARP Stocks to Buy to Get Growth at a Reasonable Price appeared firs...

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6 months ago - InvestorPlace

Marcus & Millichap Brokers Honored by Real Estate Board for Bringing New York's Martinique Hotel Back to Life

NEW YORK--(BUSINESS WIRE)--Marcus & Millichap Brokers Honored by Real Estate Board for Bringing New York's Martinique Hotel Back to Life

6 months ago - Business Wire

Institutional Property Advisors Closes Sale of $96 Million Downtown Tempe Multifamily Asset

TEMPE, Ariz.--(BUSINESS WIRE)--Institutional Property Advisors Closes Sale of $96 Million Downtown Tempe Multifamily Asset

6 months ago - Business Wire

$83 Million Grocery-Anchored Shopping Center Sale in North Carolina Closed by Institutional Property Advisors

FAYETTEVILLE, N.C.--(BUSINESS WIRE)--$83 Million Grocery-Anchored Shopping Center Sale in North Carolina Closed by Marcus & Millichap's Institutional Property Advisors

6 months ago - Business Wire

Institutional Property Advisors Negotiates $260 Million Multifamily Asset Sale in Scottsdale

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Marcus & Millichap's Institutional Property Advisors Negotiates $260 Million Multifamily Asset Sale in Scottsdale

6 months ago - Business Wire