Marcus & Millichap Inc

Marcus & Millichap Inc Stock Forecast & Price Prediction

Live Marcus & Millichap Inc Stock (MMI) Price
$41.17

4

Ratings

  • Buy 1
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$41.17

P/E Ratio

75.73

Volume Traded Today

$99,700

Dividend

$0.25

52 Week High/low

44.24/29.93

Marcus & Millichap Inc Market Cap

$1.60B

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MMI Summary

The Marcus & Millichap Inc (MMI) share price is expected to decrease by 27.13% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered MMI. Price targets range from $30 at the low end to $30 at the high end. The current analyst consensus for MMI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MMI Analyst Ratings

About 4 Wall Street analysts have assigned MMI 1 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Marcus & Millichap Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MMI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MMI stock forecast by analyst

These are the latest 20 analyst ratings of MMI.

Analyst/Firm

Rating

Price Target

Change

Date

Blaine Heck
Wells Fargo

Underweight

$30

Maintains

Sep 6, 2024
Blaine Heck
Wells Fargo

Underweight

$20

Maintains

Jun 30, 2023
Blaine Heck
Wells Fargo

Underweight

$21

Maintains

Apr 26, 2023
Blaine Heck
Wells Fargo

Underweight

$24

Maintains

Jan 27, 2023
Blaine Heck
Wells Fargo

Underweight

$26

Maintains

Sep 23, 2022
Blaine Heck
Wells Fargo

Underweight

$40

Maintains

Dec 1, 2021

Wells Fargo

Underweight

$28

Maintains

Jun 10, 2020

Wells Fargo

Underweight


Downgrade

Apr 9, 2020

JMP Securities

Market Perform


Downgrade

Aug 22, 2018

JMP Securities

Market Outperform


Upgrade

Jan 24, 2018

Citigroup

Buy


Upgrade

Nov 14, 2017

Goldman Sachs

Neutral


Upgrade

Nov 10, 2015

JMP Securities

Market Perform


Downgrade

Oct 26, 2015

Goldman Sachs

Sell


Downgrade

Aug 12, 2015

Citigroup

Buy

$59

Maintains

Aug 7, 2015

Citigroup

Buy

$45

Maintains

May 8, 2015

JMP Securities

Market Outperform

$42

Maintains

May 8, 2015

Goldman Sachs

Neutral


Initiates

Mar 26, 2015

JMP Securities

Market Outperform

$40

Maintains

Mar 6, 2015

Citigroup

Buy

$42

Maintains

Mar 6, 2015

MMI Company Information

What They Do: Investment brokerage for commercial real estate.

Business Model: The company operates as an investment brokerage, earning revenue through the sale and financing of commercial real estate. It provides a range of services including investment sales, capital markets solutions, and advisory services, catering to various real estate sectors such as multifamily, retail, and healthcare.

Other Information: Founded in 1971 and headquartered in Calabasas, California, Marcus & Millichap also offers research and consulting services to a diverse clientele, including developers, investors, and financial institutions. Its expertise in commercial real estate positions it as a key player in the market.
MMI
Marcus & Millichap Inc (MMI)

When did it IPO

2013

Staff Count

896

Country

United States

Sector/Industry

Real Estate/Real Estate Services

CEO

Mr. Hessam Nadji

Market Cap

$1.60B

Marcus & Millichap Inc (MMI) Financial Data

In 2023, MMI generated $645.9M in revenue, which was a decrease of -50.38% from the previous year. This can be seen as a signal that MMI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$716.9M

Revenue From 2021

$1.30B

80.84 %
From Previous Year

Revenue From 2022

$1.30B

0.41 %
From Previous Year

Revenue From 2023

$645.9M

-50.38 %
From Previous Year
  • Revenue TTM $622.2M
  • Operating Margin TTM -6.8%
  • Gross profit TTM $239.3M
  • Return on assets TTM -4.2%
  • Return on equity TTM -4.9%
  • Profit Margin -5.0%
  • Book Value Per Share 15.92%
  • Market capitalisation $1.60B
  • Revenue for 2021 $1.30B
  • Revenue for 2022 $1.30B
  • Revenue for 2023 $645.9M
  • EPS this year (TTM) $-0.81

Marcus & Millichap Inc (MMI) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Marcus & Millichap, Inc. (NYSE: MMI) will discuss its Q3 2024 financial results during a conference call on November 8, 2024, at 12:30 PM ET.

Why It Matters - The earnings call provides insights into Marcus & Millichap's financial performance, trends, and strategies, influencing investor sentiment and stock valuation.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marcus & Millichap (NYSE: MMI) reported Q3 2024 revenue of $168.5 million, up from $162.0 million in Q3 2023. Brokerage commissions rose to $142.0 million from $139.8 million.

Why It Matters - Marcus & Millichap's revenue growth signals strong performance in the commercial real estate sector, potentially boosting investor confidence and impacting stock valuation positively.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - IPA Capital Markets has secured a $63 million loan to refinance Muir Lake Apartments in Cedar Park, Texas, a 332-unit property built in 2014.

Why It Matters - The $63 million refinancing of Muir Lake Apartments signals strong investor confidence in the multifamily real estate sector, potentially boosting property values and market activity in the region.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marcus & Millichap's IPA Capital Markets has secured $110 million in agency financing and a joint venture partnership for a multifamily acquisition in Bridgeport, Connecticut.

Why It Matters - The $110 million financing indicates strong investor confidence in multifamily properties, signaling potential growth and stability in that sector, which may attract further investment interest.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marcus & Millichap has successfully closed the sale of an 11-property hospitality portfolio for $101 million.

Why It Matters - The $101 million sale indicates strong demand in the hospitality sector, suggesting potential growth and investment opportunities in real estate markets.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Marcus & Millichap, Inc. (NYSE: MMI) will report Q3 2024 financial results on November 8, 2024, before market open, followed by a webcast and conference call at 10:30 a.m. ET.

Why It Matters - Marcus & Millichap's upcoming financial results report may impact stock performance and investor sentiment, providing insights into the commercial real estate market's health and trends.

...

MMI Frequently asked questions

The highest forecasted price for MMI is $30 from Blaine Heck at Wells Fargo.

The lowest forecasted price for MMI is $30 from Blaine Heck from Wells Fargo

The MMI analyst ratings consensus are 1 buy ratings, 3 hold ratings, and 0 sell ratings.