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How to Buy Marcus & Millichap Stock

Marcus & Millichap Inc

Marcus & Millichap is a real estate service company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker MMI on the NYSE exchange.

Marcus & Millichap stock last closed at $35.24, up 1.61% from the previous day, and has increased 2.35% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.02 percentage points. Marcus & Millichap stock is currently +31.47% from its 52-week low of $26.81, and -20.34% from its 52-week high of $44.24.

At the moment, there are 38.68M MMI shares outstanding. The market capitalization of MMI is $1.36B. In the last 24 hours, 132,943 MMI shares were traded.

How to Buy Marcus & Millichap Stock

Not sure how to invest in Marcus & Millichap stock? Here's how.
  1. Choose where to buy Marcus & Millichap stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Marcus & Millichap stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your info.
  4. Research Marcus & Millichap stock: The Marcus & Millichap ticker symbol is MMI. Is Marcus & Millichap stock a good investment? Should you buy shares of MMI? How do MMI's underlying business fundamentals look? Do top analysts think Marcus & Millichap is a good buy? Why has MMI's stock price moved recently? (Hint: Our stock research tools can help you figure out if MMI is a good stock to buy).
  5. Execute your MMI purchase: Decide if you will purchase MMI shares at the current market price or use a limit order to purchase MMI shares at a specific price.
  6. Get notifications regarding your investment in MMI: Create a watchlist to important updates regarding your investment in Marcus & Millichap stock.

Step 1: Choose where to buy Marcus & Millichap stock

You need a brokerage account to access the NYSE market and buy MMI stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in MMI today.

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  2. Provide your personal details to open your new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on apps for stocks, you need to deposit funds:

Watch the walkthrough below to see the process of transferring money into your new brokerage account.

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Step 4: Research Marcus & Millichap stock

Once you have identified the best place to buy Marcus & Millichap stock, it's critical to research their stock prior to buying, so you truly comprehend the risk and opportunity.

Marcus & Millichap Numbers

MMI Price
$35.24
1w %
12.27%
1y %
2.35%
5y %
11.27%
P/E
-35.24x
P/B
2.18x
P/S
2.18x
PEG
N/A
Revenue
$620.24M
Earnings
-$38.19M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.36B
Next Earnings
Aug 2, 2024
Next Dividend
N/A

Marcus & Millichap Due Diligence Checks

WallStreetZen was created to help part-time investors do better fundamental analysis in less time.

You can see all of the due diligence checks on MMI's stock page.

Is MMI stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MMI's intrinsic value.

Using relative valuations methods:

  • MMI could be undervalued based on its P/B ratio of 2.18x, relative to Real Estate Services industry P/B ratio of 2.58x

You can access additional valuation analysis on MMI's stock here.

A look at MMI Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • MMI has $296.73M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.39M.
  • There are more short-term assets than short-term liabilities on the MMI balance sheet.
  • MMI has a low debt to equity ratio of 0.32.
  • Total MMI debt is lower than 5 years ago, relative to shareholder equity.
  • MMI has cash burn of 31390000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the MMI balance sheet.

Failed Financial Due Diligence Checks:

  • MMI profit margin has gone down from 5.8% to -6.2% in the past year.

Metrics for Advanced MMI Traders

SMA10
32.1
SMA20
31.65
SMA50
32.32
SMA100
32.97
SMA200
33.86
MACD
0.43
MACD Signal
-0.05
MACD Histogram
0.48
RSI
71.2
Stochastic %K
92.56
Stochastic %D
88.13
StochRSI %K
100
StochRSI %D
97.88

Is MMI Making Money?

Last year, MMI revenue was $620.24M. Over the last 5 year, MMI's revenue has gone up by -4.99% per year. This was slower than the Real Estate Services industry average of 3.62%.

Learn more about MMI's earnings and revenue performance here.

Latest Insiders Trades at MMI

In the last year, insiders at MMI have sold more shares than they have bought.

Gregory A. Laberge, Chief Administrative Officer of MMI, was the latest MMI insider to sell. They sold $32,677.00 worth of MMI shares on May 28, 2024.

Get more info about who owns MMI stock here.

Can I rely on MMI as an income stream?

Marcus & Millichap pays a dividend of 1.42%, compared to the Real Estate Services industry's average dividend yield of 3.59%. If you owned $1,000 of MMI stock, you would have been paid $14.19 last year.

Get more analysis about Marcus & Millichap dividend yield and history here.

MMI Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your MMI purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, place a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Get notifications regarding your investment in MMI

Now that you own some MMI shares, you'll want to stay up-to-date on your new investment.

Add MMI to a watchlist to see the latest developments about your MMI stock.

MMI Feed

How to Buy Stock in Marcus & Millichap

To summarize, here are the 6 steps to buy Marcus & Millichap stock:

  1. Choose where to buy Marcus & Millichap stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Marcus & Millichap stock
  5. Execute your MMI purchase
  6. Get notifications regarding your investment in MMI

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Marcus & Millichap, click below.

NYSE: MMI
$35.24+0.56 (+1.61%)
Updated Jul 12, 2024
Open eToro Account
NYSE: MMI
$35.24+0.56 (+1.61%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Marcus & Millichap share?

As of Jul 12, 2024, it costs $35.24 to buy one share of Marcus & Millichap stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.284 shares of MMI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Marcus & Millichap stock?

One way to place an order for Marcus & Millichap stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.