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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marcus & Millichap in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" MMI shares.
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1 brokers have issued 12-month price objectives for Marcus & Millichap's shares. Their MMI share price targets range from $20.00 to $20.00. On average, they predict the company's stock price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 34.9%.
View analysts price targets for MMI or view top-rated stocks among Wall Street analysts.

Marcus & Millichap's stock was trading at $43.68 at the beginning of the year. Since then, MMI stock has decreased by 29.6% and is now trading at $30.74.
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Marcus & Millichap saw a decrease in short interest in March. As of March 31st, there was short interest totaling 778,100 shares, a decrease of 25.2% from the March 15th total of 1,040,000 shares. Based on an average daily volume of 187,600 shares, the short-interest ratio is presently 4.1 days. Approximately 3.3% of the company's shares are sold short.
View Marcus & Millichap's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MMI earnings forecast.

Marcus & Millichap, Inc. (NYSE:MMI) issued its earnings results on Friday, February, 16th. The real estate investment trust reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.01. The real estate investment trust had revenue of $166.24 million for the quarter. Marcus & Millichap had a negative trailing twelve-month return on equity of 5.16% and a negative net margin of 5.27%.

Marcus & Millichap announced a Semi-Annual dividend on Friday, February 9th. Investors of record on Tuesday, March 12th will be given a dividend of $0.25 per share on Friday, April 5th. This represents a yield of 1.3%. The ex-dividend date of this dividend is Monday, March 11th.
Read our dividend analysis for MMI.

Marcus & Millichap (NYSE:MMI) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.55%.
Read our dividend analysis for MMI.

Harbor Small Cap Explorer ETF holds 4,000 shares of MMI stock, representing 1.08% of its portfolio.

Marcus & Millichap declared that its Board of Directors has initiated a stock buyback program on Thursday, May 4th 2023, which allows the company to buyback $70,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

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.

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

Marcus & Millichap's stock is owned by a variety of institutional and retail investors. Top institutional investors include Reinhart Partners LLC. (3.83%) and Scharf Investments LLC (0.02%). Insiders that own company stock include Don C Watters, Gregory A Laberge, Hessam Nadji, John David Parker, Norma J Lawrence, Richard D Matricaria and Richard D Matricaria.
View institutional ownership trends.

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.
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