Marcus & Millichap, Inc. (MMI)

NYSE: MMI · IEX Real-Time Price · USD
35.11
-0.51 (-1.43%)
Dec 5, 2023, 4:00 PM EST - Market closed
-1.43%
Market Cap 1.37B
Revenue (ttm) 742.13M
Net Income (ttm) -15.89M
Shares Out 38.38M
EPS (ttm) -0.42
PE Ratio n/a
Forward PE 139.05
Dividend $1.00 (2.85%)
Ex-Dividend Date Dec 7, 2023
Volume 147,318
Open 35.39
Previous Close 35.62
Day's Range 34.97 - 35.48
52-Week Range 26.81 - 39.09
Beta 1.19
Analysts Sell
Price Target 20.00 (-43.04%)
Earnings Date Nov 3, 2023

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, as well as capital markets. It also operates as a financial intermediary that provides... [Read more]

Sector Real Estate
IPO Date Oct 31, 2013
Employees 887
Stock Exchange NYSE
Ticker Symbol MMI
Full Company Profile

Financial Performance

In 2022, MMI's revenue was $1.30 billion, an increase of 0.41% compared to the previous year's $1.30 billion. Earnings were $104.23 million, a decrease of -26.84%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MMI stock is "Sell" and the 12-month stock price forecast is $20.0.

Price Target
$20.0
(-43.04% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Marcus & Millichap Enters Strategic Partnership with EquityMultiple

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, researc...

3 hours ago - Business Wire

Institutional Property Advisors Releases Special San Francisco Bay Area Multifamily Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #ai--Institutional Property Advisors Releases Special San Francisco Bay Area Multifamily Report.

1 day ago - Business Wire

Institutional Property Advisors Closes and Finances $100 Million Multifamily Asset Sale in Tempe

TEMPE, Ariz.--(BUSINESS WIRE)---- $k #agencylending--Institutional Property Advisors Closes and Finances $100 Million Multifamily Asset Sale in Tempe.

13 days ago - Business Wire

Marcus & Millichap Announces Strategic Partnership with Real Estate Technology Firm Archer

CALABASAS, Calif.--(BUSINESS WIRE)---- $MMI #apartmentmentinvestments--Marcus & Millichap Announces Strategic Partnership with Real Estate Technology Firm Archer.

22 days ago - Business Wire

Marcus & Millichap, Inc. Reports Results for Third Quarter 2023

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

4 weeks ago - Business Wire

Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California's San Fernando Valley

CHATSWORTH, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California's San Fernando Valley.

5 weeks ago - Business Wire

Marcus & Millichap's Military Bridge to Brokerage Spearheads Legislation to Help Veterans

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--Marcus & Millichap's Military Bridge to Brokerage Spearheads Legislation to Help Veterans.

6 weeks ago - Business Wire

Marcus & Millichap, Inc. to Report Third Quarter 2023 Financial Results on Friday, November 3, 2023

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...

7 weeks ago - Business Wire

Institutional Property Advisors Brokers $80 Million Puget Sound Multifamily Asset Sale

KENT, Wash.--(BUSINESS WIRE)-- #apartments--Institutional Property Advisors Brokers $80 Million Puget Sound Multifamily Asset Sale.

2 months ago - Business Wire

Institutional Property Advisors Releases Special Florida Renter Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Institutional Property Advisors Releases Special Florida Renter Report.

2 months ago - Business Wire

Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham

DURHAM, N.C.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham.

2 months ago - Business Wire

$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors

GILBERT, Ariz.--(BUSINESS WIRE)---- $k #aiya--$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors.

2 months ago - Business Wire

Institutional Property Advisors Releases National Multifamily Construction Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentconstruction--Institutional Property Advisors Releases National Multifamily Construction Report.

3 months ago - Business Wire

Institutional Property Advisors Releases Texas Multifamily Construction Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentconstructiontexas--Institutional Property Advisors Releases Texas Multifamily Construction Report.

3 months ago - Business Wire

Marcus & Millichap CEO on the state of commercial real estate demand

Hessam Nadji, President and CEO of Marcus & Millicap, discusses commercial real estate amid ongoing concerns around rising rates and credit.

3 months ago - CNBC Television

Institutional Property Advisors Releases Midyear 2023 Class A Multifamily Outlook Special Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Institutional Property Advisors Releases Midyear 2023 Class A Multifamily Outlook Special Report  .

4 months ago - Business Wire

Marcus & Millichap, Inc. Reports Results for Second Quarter 2023

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

4 months ago - Business Wire

Marcus & Millichap Declares Regular Semi-Annual Dividend of $0.25 Per Share

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, an...

4 months ago - Business Wire

Marcus & Millichap Releases Special Report on Industrial Outdoor Storage Properties

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #alanpontius--Marcus & Millichap Releases Special Report on Industrial Outdoor Storage Properties.

5 months ago - Business Wire

Marcus & Millichap, Inc. to Report Second Quarter 2023 Financial Results on Friday, August 4, 2023

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...

5 months ago - Business Wire

Institutional Property Advisors Brokers Sale and Arranges Financing for Eastside Seattle Multifamily Asset

REDMOND, Wash.--(BUSINESS WIRE)--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale and financing of Aria, a 102-unit, transit-oriented, bouti...

5 months ago - Business Wire

Delinquencies for commercial office spaces are going to rise, says Marcus & Millichap CEO

Hessam Nadji, president and CEO of Marcus & Millichap, and Tim Seymour, Seymour Asset Management CIO, join 'Power Lunch' to discuss a pullback in commercial real estate for offices, concerns about old...

6 months ago - CNBC Television

Marcus & Millichap Releases First Half 2023 Single-Tenant Net Lease Retail Report

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Releases First Half 2023 Single-Tenant Net Lease Retail Report.

7 months ago - Business Wire

Marcus & Millichap, Inc. Reports Results for First Quarter 2023

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

7 months ago - Business Wire

Marcus & Millichap Increases Stock Repurchase Authorization

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, an...

7 months ago - Business Wire