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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marcus & Millichap in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" MMI shares.
View MMI analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 12-month price targets for Marcus & Millichap's stock. Their MMI share price targets range from $20.00 to $20.00. On average, they expect the company's stock price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 54.2%.
View analysts price targets for MMI or view top-rated stocks among Wall Street analysts.

Marcus & Millichap's stock was trading at $34.45 at the start of the year. Since then, MMI shares have increased by 26.8% and is now trading at $43.68.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 16th 2024.
View our MMI earnings forecast.

Marcus & Millichap, Inc. (NYSE:MMI) released its quarterly earnings data on Thursday, November, 2nd. The real estate investment trust reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.20. The real estate investment trust had revenue of $162.03 million for the quarter. Marcus & Millichap had a negative net margin of 2.14% and a negative trailing twelve-month return on equity of 2.35%. During the same quarter in the previous year, the firm earned $0.53 EPS.

Marcus & Millichap announced a quarterly dividend on Friday, November 3rd. Investors of record on Friday, December 8th will be given a dividend of $0.25 per share on Friday, December 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, December 7th.
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 1.14%.
Read our dividend analysis for MMI.

ETFs with the largest weight of Marcus & Millichap (NYSE:MMI) stock in their portfolio include Harbor Small Cap Explorer ETF (QWST) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).Future Fund Long/Short ETF (FFLS).

Marcus & Millichap declared that its board has authorized a stock buyback plan on Thursday, May 4th 2023, which allows the company to repurchase $70,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are 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).

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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