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 $32.35, down 0.03% from the previous day, and has increased 2.93% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.01 percentage points. Marcus & Millichap stock is currently +20.69% from its 52-week low of $26.81, and -26.87% from its 52-week high of $44.24.
At the moment, there are 38.41M MMI shares outstanding. The market capitalization of MMI is $1.24B. In the last 24 hours, 98,312 MMI shares were traded.
How to Buy Marcus & Millichap Stock
Not sure how to invest in Marcus & Millichap stock? Here's how.
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.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Put funds into your brokerage account: Choose your payment method and add your info.
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).
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.
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.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
Invest in stocks with zero commissions: Invest without commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
Access to global markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
Security: eToro is a regulated and licensed fintech leader.
Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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
$32.35
1w %
5.27%
1y %
2.93%
5y %
-24.89%
P/E
-36.76x
P/B
1.93x
P/S
1.94x
PEG
N/A
Revenue
$645.93M
Earnings
-$34.04M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.24B
Next Earnings
May 3, 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 1.93x, relative to Real Estate Services industry P/B ratio of 2.37x
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 $343.21M in cash and short term investments. This is sufficient to cover its annual cash burn of $81.80M.
There are more short-term assets than short-term liabilities on the MMI balance sheet.
MMI has a low debt to equity ratio of 0.36.
Total MMI debt is lower than 5 years ago, relative to shareholder equity.
MMI has cash burn of 81800000. 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 8% to -5.3% in the past year.
Metrics for Advanced MMI Traders
SMA10
31.83
SMA20
32.58
SMA50
34.14
SMA100
36.44
SMA200
34.29
MACD
-0.63
MACD Signal
-0.71
MACD Histogram
0.08
RSI
46.93
Stochastic %K
42.8
Stochastic %D
29.4
StochRSI %K
74.05
StochRSI %D
50.38
Is MMI Making Money?
Last year, MMI revenue was $645.93M. Over the last 5 year, MMI's revenue has gone up by -4.54% per year. This was slower than the Real Estate Services industry average of 16.33%.
Marcus & Millichap pays a dividend of 1.55%, compared to the Real Estate Services industry's average dividend yield of 5.7%. If you owned $1,000 of MMI stock, you would have been paid $15.46 last year.
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.
If you require more assistance investing in stocks on eToro, click the helpful video below:
How much does it cost to buy one Marcus & Millichap share?
As of Apr 24, 2024, it costs $32.35 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 0.309 shares of MMI.
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.