MMI - Marcus & Millichap Inc Stock Price, Fair Value and News

31.78USD-0.54 (-1.67%)Market Closed

Market Summary

USD31.78-0.54

Market Closed

-1.67%

MMI Alerts

3 major insider sales recently.

MMI Stock Price

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MMI RSI Chart

MMI Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

-35.87

Price/Sales (Trailing)

1.89

EV/EBITDA

-40.56

Price/Free Cashflow

-14.92

MMI Price/Sales (Trailing)

MMI Profitability

EBT Margin

-6.25%

Return on Equity

-5.27%

Return on Assets

-3.87%

Free Cashflow Yield

-6.7%

MMI Fundamentals

MMI Revenue

Revenue (TTM)

645.9M

Rev. Growth (Yr)

-36.66%

Rev. Growth (Qtr)

2.6%

MMI Earnings

Earnings (TTM)

-34.0M

Earnings Growth (Yr)

-229.34%

Earnings Growth (Qtr)

-10.75%

Breaking Down MMI Revenue

Last 7 days

-5.8%

Last 30 days

-3.7%

Last 90 days

-13.1%

Trailing 12 Months

-2.6%

How does MMI drawdown profile look like?

MMI Financial Health

Current Ratio

3.74

MMI Investor Care

Buy Backs (1Y)

2.12%

Diluted EPS (TTM)

-0.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.1B	903.9M	742.1M	645.9M
2022	1.4B	1.5B	1.5B	1.3B
2021	710.2M	877.7M	1.1B	1.3B
2020	836.4M	744.2M	704.6M	716.9M
2019	801.0M	811.2M	798.8M	806.4M
2018	741.0M	760.1M	787.3M	814.8M
2017	706.4M	703.4M	706.1M	719.7M
2016	706.8M	716.7M	731.4M	717.5M
2015	604.1M	643.4M	658.3M	689.1M
2014	481.1M	509.9M	548.8M	572.2M
2013	392.4M	413.7M	434.4M	435.9M
2012	302.5M	330.2M	358.0M	385.7M
2011	0	0	0	274.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Marcus & Millichap Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	parker john david	sold	-318,977	32.8301	-9,716	evp & coo - eastern division
Mar 13, 2024	laberge gregory a.	sold	-140,248	33.52	-4,184	chief administrative officer
Mar 12, 2024	matricaria richard d.	sold	-316,503	33.3161	-9,500	evp & coo - western division
Mar 10, 2024	degennaro steven f.	sold (taxes)	-138,045	34.06	-4,053	evp and cfo
Mar 10, 2024	schwarz kurt henry	sold (taxes)	-13,385	34.06	-393	chief accounting officer
Mar 10, 2024	matricaria richard d.	acquired	-	-	21,442	evp & coo - western division
Mar 10, 2024	matricaria richard d.	sold (taxes)	-287,024	34.06	-8,427	evp & coo - western division
Mar 10, 2024	schwarz kurt henry	acquired	-	-	953	chief accounting officer
Mar 10, 2024	degennaro steven f.	acquired	-	-	11,354	evp and cfo
Mar 10, 2024	parker john david	sold (taxes)	-325,511	34.06	-9,557	evp & coo - eastern division

Which funds bought or sold MMI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-44.00	-	-%
Apr 12, 2024	FIRST FINANCIAL CORP /IN/	new	-	3,450	3,450	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	820	820	-%
Apr 05, 2024	GAMMA Investing LLC	added	32.77	1,288	8,030	-%
Apr 05, 2024	CWM, LLC	added	84.62	-	1,000	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	-238	854	-%
Apr 03, 2024	REINHART PARTNERS, LLC.	added	101	36,794,300	100,463,000	2.05%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-13.59	132,415	594,795	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.99	56,199,900	167,806,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	52.36	9,751,740	17,440,600	-%

Are Funds Buying or Selling MMI?

Are funds buying MMI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MMI

No. of Funds

MMI Alerts

3 major insider sales recently.

Unveiling Marcus & Millichap Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.01%	3,841,718	SC 13G/A
Jan 24, 2024	blackrock inc.	9.9%	3,810,262	SC 13G/A
Jan 23, 2024	royce & associates lp	5.06%	1,944,058	SC 13G/A
Feb 09, 2023	vanguard group inc	10.30%	4,052,839	SC 13G/A
Jan 26, 2023	blackrock inc.	13.1%	5,162,479	SC 13G/A
Jan 24, 2023	royce & associates lp	5.39%	2,121,119	SC 13G/A
Jan 20, 2023	blackrock inc.	13.1%	5,162,479	SC 13G/A
Jun 09, 2022	vanguard group inc	10.45%	4,062,755	SC 13G/A
Jan 27, 2022	blackrock inc.	15.1%	5,978,433	SC 13G/A
Jan 26, 2022	blackrock inc.	15.1%	5,978,433	SC 13G/A

Recent SEC filings of Marcus & Millichap Inc

View All Filings

Date Filed	Form Type	Document
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEF 14A	DEF 14A
Mar 22, 2024	DEFA14A	DEFA14A
Mar 18, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent
Mar 14, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	144	Notice of Insider Sale Intent
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to Marcus & Millichap Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	35.2B	2.5B	-9.36%	23.79%	94.03	14.35	12.49%	1.41%
CBRE	26.1B	31.9B	-8.27%	18.27%	26.51	0.82	3.64%	-29.92%
Z	10.1B	1.9B	-9.24%	-4.98%	-64.01	5.2	-0.66%	-56.44%
MID-CAP
JLL	8.3B	20.8B	-5.22%	25.50%	36.64	0.4	-0.49%	-65.56%
JOE	3.3B	389.3M	5.77%	33.84%	41.89	8.36	54.28%	9.57%
DBRG	2.8B	821.4M	-4.27%	45.00%	15.26	3.44	18.22%	157.58%
CWK	2.1B	9.5B	-3.39%	-0.63%	-60.43	0.23	-6.06%	-118.02%
SMALL-CAP
EXPI	1.5B	4.3B	-2.80%	-22.20%	-167.37	0.35	-6.90%	-158.11%
ARL	248.7M	50.5M	-14.44%	-26.81%	62.69	4.93	34.51%	-98.94%
AXR	113.5M	44.5M	-12.07%	42.70%	50.94	2.55	-24.76%	-93.06%
CHCI	62.7M	44.7M	39.61%	44.89%	8.06	1.4	13.76%	5.95%
ASPS	41.2M	145.1M	-41.06%	-59.64%	-0.76	0.28	-5.26%	-284.74%

Marcus & Millichap Inc News

Latest updates

Marcus & Millichap Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.6%	166	162	163	155	262	324	396	319	495	332	285	184	250	159	117	191	238	198	210	161	230
Operating Expenses	3.4%	183	177	174	171	257	293	339	275	413	287	243	164	220	152	120	171	211	174	183	142	198
S&GA Expenses	8.0%	75.00	69.00	69.00	72.00	73.00	73.00	80.00	75.00	77.00	65.00	62.00	52.00	56.00	50.00	44.00	55.00	53.00	48.00	53.00	49.00	48.00
EBITDA Margin	-596.9%	-0.04*	-0.01*	0.04*	0.09*	0.12*	0.15*	0.16*	0.16*	0.16*	0.15*	0.13*	0.10*	-	-	-	-	-	-	-	-	-
Interest Expenses	-10.4%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Taxes	27.8%	-1.45	-2.01	3.00	-5.63	2.00	10.00	14.00	12.00	22.00	12.00	11.00	6.00	9.00	2.00	0.00	6.00	9.00	7.00	8.00	6.00	7.00
Earnings Before Taxes	-3.9%	-11.68	-11.25	-6.00	-11.47	10.00	31.00	56.00	45.00	84.00	46.00	43.00	21.00	32.00	8.00	0.00	19.00	30.00	26.00	30.00	21.00	33.00
EBT Margin	-148.9%	-0.06*	-0.03*	0.03*	0.08*	0.11*	0.14*	0.15*	0.15*	0.15*	0.14*	0.12*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-10.7%	-10.23	-9.24	-8.73	-5.83	8.00	21.00	42.00	33.00	62.00	34.00	32.00	15.00	24.00	6.00	0.00	13.00	21.00	19.00	21.00	16.00	26.00
Net Income Margin	-146.1%	-0.05*	-0.02*	0.02*	0.06*	0.08*	0.10*	0.11*	0.11*	0.11*	0.10*	0.09*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	139.0%	13.00	5.00	4.00	-104	22.00	37.00	13.00	-69.42	154	65.00	52.00	-21.20	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.4%	878	882	884	910	1,004	1,000	967	980	1,045	875	818	751	779	696	671	670	709	665	640	604	566
Current Assets	1.0%	394	390	382	405	527	516	498	571	608	430	411	382	429	373	348	352	410	386	352	340	371
Cash Equivalents	-23.8%	171	224	171	228	236	271	212	316	382	281	230	222	243	173	155	190	233	226	207	198	215
Net PPE	-2.3%	27.00	28.00	28.00	28.00	28.00	27.00	25.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	22.00	21.00	20.00	20.00
Liabilities	0.2%	233	233	220	228	290	276	250	305	349	243	221	189	232	175	158	161	214	192	189	177	157
Current Liabilities	1.8%	105	103	89.00	103	152	147	128	192	226	131	116	91.00	120	76.00	59.00	66.00	102	84.00	81.00	73.00	93.00
Shareholder's Equity	-0.6%	645	649	664	682	714	724	717	675	696	632	597	562	547	521	513	509	495	472	451	426	410
Retained Earnings	-2.9%	492	507	526	552	586	600	596	554	574	512	478	446	431	407	401	401	388	368	348	327	311
Additional Paid-In Capital	5.9%	154	145	140	133	132	128	124	123	122	119	117	114	113	111	108	106	105	102	100	98.00	97.00
Shares Outstanding	-0.3%	38.00	39.00	38.00	39.00	39.00	40.00	40.00	40.00	40.00	40.00	40.00	40.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	728	-	-	-	907	-	-	-	937	-	-	-	671	-	-	-	704	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	91.7%	14,684	7,661	6,432	-101,207	25,404	40,065	15,695	-67,535	156,310	66,127	53,568	-20,102	66,354	23,583	944	-52,793	31,340	18,310	14,235	-38,598	62,301
Share Based Compensation	53.1%	8,338	5,446	5,351	5,011	4,637	4,544	4,275	3,856	2,708	2,703	2,662	2,288	2,354	2,383	2,536	2,632	2,238	2,114	2,585	2,341	3,064
Cashflow From Investing	-216.2%	-53,866	46,360	-34,983	117,356	-22,684	25,284	-63,558	6,983	-52,574	-13,932	-44,991	3,141	4,153	-4,922	-29,556	13,097	-24,501	1,453	-4,447	24,073	-25,657
Cashflow From Financing	-1418.1%	-14,361	-946	-28,357	-24,015	-37,781	-5,875	-55,956	-5,943	162	-1,623	58.00	-4,516	-511	-487	-6,392	-2,940	-250	-440	-1,162	-2,026	-2,981
Dividend Payments	8528.6%	9,664	112	9,886	441	10,197	79.00	50,082	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	452.0%	4,513	818	16,594	16,699	23,394	7,577	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

MMI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 645,927	$ 1,301,710	$ 1,296,440
Operating expenses:
Cost of services	406,645	850,894	840,209
Selling, general and administrative	285,023	300,009	255,154
Depreciation and amortization	13,627	13,406	11,721
Total operating expenses	705,295	1,164,309	1,107,084
Operating (loss) income	(59,368)	137,401	189,356
Other income, net	19,855	5,336	4,527
Interest expense	(888)	(708)	(580)
(Loss) income before (benefit) provision for income taxes	(40,401)	142,029	193,303
(Benefit) provision for income taxes	(6,366)	37,804	50,833
Net (loss) income	$ (34,035)	$ 104,225	$ 142,470
(Loss) earnings per share:
Basic (in dollars per share)	$ (0.88)	$ 2.61	$ 3.57
Diluted (in dollars per share)	$ (0.88)	$ 2.59	$ 3.55
Weighted average common shares outstanding:
Basic (in shares)	38,659	39,893	39,888
Diluted (in shares)	38,659	40,186	40,187
Real estate brokerage commissions
Revenue:
Total revenue	$ 559,752	$ 1,170,310	$ 1,170,969
Financing fees
Revenue:
Total revenue	66,898	112,978	109,690
Other revenue
Revenue:
Total revenue	$ 19,277	$ 18,422	$ 15,781

MMI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash, cash equivalents, and restricted cash	$ 170,753	$ 235,873
Commissions receivable	16,171	8,453
Prepaid expenses	8,813	9,411
Income tax receivable	9,299	8,682
Marketable debt securities, available-for-sale (amortized cost of $169,018 and $254,682 at December 31, 2023 and December 31, 2022, respectively, and $0 allowance for credit losses)	168,881	253,434
Advances and loans, net	3,574	4,005
Other assets, current	16,203	7,282
Total current assets	393,694	527,140
Property and equipment, net	27,450	27,644
Operating lease right-of-use assets, net	90,058	87,945
Marketable debt securities, available-for-sale (amortized cost of $69,538 and $72,819 at December 31, 2023 and December 31, 2022, respectively, and $0 allowance for credit losses)	67,459	68,595
Assets held in rabbi trust	10,838	9,553
Deferred tax assets, net	46,930	41,321
Goodwill and other intangible assets, net	51,183	55,696
Advances and loans, net	175,827	169,955
Other assets, non-current	14,972	15,859
Total assets	878,411	1,003,708
Current liabilities:
Accounts payable and accrued expenses	8,126	11,450
Deferred compensation and commissions	55,769	75,321
Operating lease liabilities	18,336	16,984
Accrued bonuses and other employee related expenses	19,119	38,327
Other liabilities, current	3,919	9,933
Total current liabilities	105,269	152,015
Deferred compensation and commissions	47,771	64,461
Operating lease liabilities	69,407	65,109
Other liabilities, non-current	10,690	8,614
Total liabilities	233,137	290,199
Commitments and contingencies	0	0
Stockholders' equity:
Preferred stock: $0.001 par value: Authorized shares – 25,000,000; issued and outstanding shares – none at December 31, 2023 and December 31, 2022, respectively	0	0
Common stock: $0.0001 par value: Authorized shares – 150,000,000; issued and outstanding shares – 38,412,484 and 39,255,838 at December 31, 2023 and December 31, 2022, respectively	4	4
Additional paid-in capital	153,740	131,541
Retained earnings	492,298	585,581
Accumulated other comprehensive loss	(768)	(3,617)
Total stockholders’ equity	645,274	713,509
Total liabilities and stockholders’ equity	$ 878,411	$ 1,003,708

About Marcus & Millichap Inc

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 commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, which includes opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services for developers, lenders, owners, real estate investment trusts, high-net-worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.

CEO	Mr. Hessam Nadji
WEBSITE	marcusmillichap.com
INDUSTRY	Real Estate Services
EMPLOYEES	887

Marcus & Millichap Inc Frequently Asked Questions

What is the ticker symbol for Marcus & Millichap Inc? What does MMI stand for in stocks?

MMI is the stock ticker symbol of Marcus & Millichap Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Marcus & Millichap Inc (MMI)?

As of Tue Apr 16 2024, market cap of Marcus & Millichap Inc is 1.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMI stock?

You can check MMI's fair value in chart for subscribers.

What is the fair value of MMI stock?

You can check MMI's fair value in chart for subscribers. The fair value of Marcus & Millichap Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Marcus & Millichap Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Marcus & Millichap Inc a good stock to buy?

The fair value guage provides a quick view whether MMI is over valued or under valued. Whether Marcus & Millichap Inc is cheap or expensive depends on the assumptions which impact Marcus & Millichap Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMI.

What is Marcus & Millichap Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, MMI's PE ratio (Price to Earnings) is -35.87 and Price to Sales (PS) ratio is 1.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Marcus & Millichap Inc's stock?

In the past 10 years, Marcus & Millichap Inc has provided 0.067 (multiply by 100 for percentage) rate of return.