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 $30.31, up 1.41% from the previous day, and has decreased 6.65% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.06 percentage points. Marcus & Millichap stock is currently +10.26% from its 52-week low of $27.49, and -23.17% from its 52-week high of $39.45.
At the moment, there are 38.46M MMI shares outstanding. The market capitalization of MMI is $1.17B. In the last 24 hours, 90,578 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.
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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.
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
$30.31
1w %
-3.72%
1y %
-6.65%
5y %
-12.45%
P/E
84.19x
P/B
1.76x
P/S
1.29x
PEG
N/A
Revenue
$903.95M
Earnings
$14.71M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.17B
Next Earnings
Nov 2, 2023
Next Dividend
Oct 6, 2023
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 overvalued based on its P/E ratio of 84.19x, relative to Real Estate Services industry P/E ratio of 69.82x
MMI could be undervalued based on its P/B ratio of 1.76x, relative to Real Estate Services industry P/B ratio of 2.4x
You can access additional valuation research on MMI's stock here.
MMI Financials at a glance
Passed Financial Due Diligence Checks:
MMI has $174.72M in cash and short term investments. This is sufficient to cover its annual cash burn of $41.42M.
MMI has a low debt to equity ratio of 0.33.
There are more short-term assets than long-term liabilities on the MMI balance sheet.
MMI has cash burn of 41419000. It has enough cash and short-term investments to cover this for at least one year.
There are more short-term assets than short-term liabilities on the MMI balance sheet.
Failed Financial Due Diligence Checks:
MMI profit margin has gone down from 11.1% to 1.6% in the past year.
Total MMI debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Marcus & Millichap stock
Out of 1 sell side analysts who give ratings on MMI, the consensus analyst rating on MMI is a Strong Sell
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent MMI Analyst Ratings
Blaine Heck, a bottom 6% analyst from Wells Fargo maintains MMI with a strong sell rating and lowers their MMI price target from $21.00 to $20.00, on Jun 30, 2023.
Last year, MMI earnings were $14.71M. During the past five year, MMI's earnings have gone up by -26.25% per year. This was slower than the Real Estate Services industry average of 6.29%.
Last year, MMI revenue was $903.95M. During the last 5 year, MMI's revenue has gone up by 3.53% per year. This was slower than the Real Estate Services industry average of 25.11%.
Over the last 12 months, executives and large shareholders 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 $263,137.29 worth of MMI shares on Sep 12, 2023.
Marcus & Millichap pays a dividend of 1.65%, compared to the Real Estate Services industry's average dividend yield of 4.31%. If you owned $1,000 worth of MMI stock, you would have been paid $16.50 in the past 12 months.
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Step 5: Execute your MMI purchase
There are two main options:
Market order: A market order is an order to buy or sell a stock at the best price on the market. 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 an exact price, use a limit order.
Click the Open button and your broker will execute your order.
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How much does it cost to buy one Marcus & Millichap share?
As of Sep 25, 2023, it costs $30.31 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 0.33 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.