Marcus & Millichap, Inc. (MMI)
NYSE: MMI · Real-Time Price · USD
31.24
-0.03 (-0.10%)
Sep 2, 2026, 2:33 PM EDT - Market open

Marcus & Millichap Statistics

Total Valuation

MMI has a market cap or net worth of $1.18 billion. The enterprise value is $907.59 million.

Market Cap1.18B
Enterprise Value 907.59M

Important Dates

The last earnings date was Thursday, August 6, 2026, before market open.

Earnings Date Aug 6, 2026
Ex-Dividend Date Sep 15, 2026

Share Statistics

MMI has 37.86 million shares outstanding. The number of shares has decreased by -0.76% in one year.

Current Share Class 37.86M
Shares Outstanding 37.86M
Shares Change (YoY) -0.76%
Shares Change (QoQ) -0.48%
Owned by Insiders (%) 39.03%
Owned by Institutions (%) 66.45%
Float 23.08M

Valuation Ratios

The trailing PE ratio is 84.35 and the forward PE ratio is 47.74.

PE Ratio 84.35
Forward PE 47.74
PS Ratio 1.46
Forward PS 1.35
PB Ratio 2.04
P/TBV Ratio 2.21
P/FCF Ratio 14.06
P/OCF Ratio 12.77
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 43.83, with an EV/FCF ratio of 10.81.

EV / Earnings 63.61
EV / Sales 1.12
EV / EBITDA 43.83
EV / EBIT 91.30
EV / FCF 10.81

Financial Position

The company has a current ratio of 2.92, with a Debt / Equity ratio of 0.13.

Current Ratio 2.92
Quick Ratio 2.55
Debt / Equity 0.13
Debt / EBITDA 1.48
Debt / FCF 0.88
Interest Coverage 14.73

Financial Efficiency

Return on equity (ROE) is 2.42% and return on invested capital (ROIC) is 1.30%.

Return on Equity (ROE) 2.42%
Return on Assets (ROA) 0.80%
Return on Invested Capital (ROIC) 1.30%
Return on Capital Employed (ROCE) 1.49%
Weighted Average Cost of Capital (WACC) 10.46%
Revenue Per Employee $951,082
Profits Per Employee $16,811
Employee Count854
Asset Turnover 1.04
Inventory Turnover n/a

Taxes

In the past 12 months, MMI has paid $10.43 million in taxes.

Income Tax 10.43M
Effective Tax Rate 42.07%

Stock Price Statistics

The stock price has decreased by -4.05% in the last 52 weeks. The beta is 1.24, so MMI's price volatility has been higher than the market average.

Beta (5Y) 1.24
52-Week Price Change -4.05%
50-Day Moving Average 31.28
200-Day Moving Average 28.51
Relative Strength Index (RSI) 46.94
Average Volume (20 Days) 116,922

Short Selling Information

The latest short interest is 1.02 million, so 2.71% of the outstanding shares have been sold short.

Short Interest 1.02M
Short Previous Month 984,681
Short % of Shares Out 2.71%
Short % of Float 4.44%
Short Ratio (days to cover) 7.80

Income Statement

In the last 12 months, MMI had revenue of $812.22 million and earned $14.36 million in profits. Earnings per share was $0.37.

Revenue812.22M
Gross Profit 306.40M
Operating Income 10.00M
Pretax Income 24.79M
Net Income 14.36M
EBITDA 20.84M
EBIT 10.00M
Earnings Per Share (EPS) $0.37
Full Income Statement

Balance Sheet

The company has $214.79 million in cash and $74.15 million in debt, with a net cash position of $275.08 million or $7.27 per share.

Cash & Cash Equivalents 214.79M
Total Debt 74.15M
Net Cash 275.08M
Net Cash Per Share $7.27
Equity (Book Value) 578.91M
Book Value Per Share 15.29
Working Capital 177.81M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $93.09 million and capital expenditures -$8.57 million, giving a free cash flow of $84.52 million.

Operating Cash Flow 93.09M
Capital Expenditures -8.57M
Depreciation & Amortization 10.84M
Net Borrowing n/a
Free Cash Flow 84.52M
FCF Per Share $2.23
Full Cash Flow Statement

Margins

Gross margin is 37.72%, with operating and profit margins of 1.23% and 1.77%.

Gross Margin 37.72%
Operating Margin 1.23%
Pretax Margin 3.05%
Profit Margin 1.77%
EBITDA Margin 2.57%
EBIT Margin 1.23%
FCF Margin 10.41%

Dividends & Yields

This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 1.60%.

Dividend Per Share $0.50
Dividend Yield 1.60%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 134.87%
Buyback Yield 0.76%
Shareholder Yield 2.36%
Earnings Yield 1.21%
FCF Yield 7.11%
Dividend Details

Analyst Forecast

The average price target for MMI is $28.00, which is -10.37% lower than the current price. The consensus rating is "Sell".

Price Target $28.00
Price Target Difference -10.37%
Analyst Consensus Sell
Analyst Count 2
Revenue Growth Forecast (3Y) 12.83%
EPS Growth Forecast (3Y) n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MMI has an Altman Z-Score of 5.65 and a Piotroski F-Score of 5.

Altman Z-Score 5.65
Piotroski F-Score 5