
Marcus & Millichap, Inc.
MMINYSEReal EstateReal Estate - Services
Previous close
$32.32
−$0.38 · -1.16%
MMI company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
52
Fair Value
Momentum
46
Neutral
Sentiment
56
Mixed
Risk resilience
65
Moderate Risk
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Company profile
Company websiteMarcus & Millichap, Inc. (MMI) is a prominent investment brokerage firm specializing in commercial real estate. Operating across the United States and Canada, the company furnishes comprehensive investment brokerage and financing solutions for both buyers and sellers in the commercial property market. Their core service portfolio spans commercial real estate sales, financial arrangements, in-depth market research, and strategic advisory. These services cater to a diverse array of commercial asset classes, including multifamily dwellings, retail spaces, office buildings, industrial properties, single-tenant net leased assets, seniors' housing, self-storage facilities, hospitality venues, medical offices, and manufactured housing communities. Beyond direct brokerage, MMI functions as a crucial financial intermediary, providing sophisticated capital markets solutions for commercial real estate. This includes structuring various debt types (senior and mezzanine), facilitating joint ventures, arranging preferred equity, executing loan sales, and offering specialized consultative and due diligence expertise to property owners, developers, investors, and capital sources. Furthermore, the company offers a range of supplementary services, encompassing detailed research, advisory, and consulting. These are provided to a broad client base, including developers, lenders, property owners, Real Estate Investment Trusts (REITs), high-net-worth individuals, pension fund advisors, and other institutional entities. Marcus & Millichap, Inc. was established in 1971 and maintains its corporate headquarters in Calabasas, California.
- Industry
- Real Estate - Services
- Sector
- Real Estate
- Headquarters
- US
- CEO
- Hessam Nadji
- Listed since
- Oct 31, 2013
- Employees
- 854
Market position
Day range
Current $32.32
52-week range
Current $32.32
- Open
- $32.80
- Previous close
- $32.70
- Volume
- 73.83K
- 0.37× average
- Average volume
- 197.35K
- Average daily volume
- Market cap
- 1.22B USD
- Beta
- 1.24
- Market reference 1
- 50-day average
- $30.8968
- +4.61% above average
- 200-day average
- $28.4338
- +13.67% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 979.09M USD
- P/E (TTM)
- 88.26×
- P/B (TTM)
- 2.11×
- P/S (TTM)
- 1.51×
- EV / EBITDA
- 61.61×
- Earnings yield
- -0.18%
- Free cash flow yield
- 5.53%
- Dividend yield
- 1.55%
Profitability & efficiency
- Gross margin
- 35.63%
- Operating margin
- 1.26%
- Net margin
- 1.77%
- Return on equity
- -0.32%
- Return on assets
- -0.23%
- Return on invested capital
- 1.07%
Financial health
- Debt / equity
- 0.13×
- Current ratio
- 2.55×
- Altman Z-score
- 6.18
- Piotroski F-score
- 8 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 755.16M USD | 696.06M USD | 645.93M USD | 1.3B USD | 1.3B USD |
| Cost of goods sold | 494.68M USD | 431.47M USD | 406.65M USD | 850.89M USD | 840.21M USD |
| Gross profit | 260.47M USD | 264.59M USD | 239.28M USD | 450.82M USD | 456.23M USD |
| Selling, general, and administrative | — | 280.91M USD | 285.02M USD | 300.01M USD | 255.15M USD |
| Operating expenses | 272.77M USD | 297.5M USD | 298.65M USD | 313.42M USD | 266.88M USD |
| Interest expense | 773K USD | 812K USD | 888K USD | 708K USD | 580K USD |
| Depreciation and amortization | 12.1M USD | 16.59M USD | 13.63M USD | 13.41M USD | 11.72M USD |
| Operating income | −12.29M USD | −32.91M USD | −59.37M USD | 137.4M USD | 189.36M USD |
| Net income | −1.91M USD | −12.36M USD | −34.04M USD | 104.23M USD | 142.47M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 82%
- 9 beats, 1 miss, 1 met estimate
- Average EPS surprise
- -33.36%
- 11 comparable reports
- Latest EPS result
- 0.1
- Estimate 0.03 · Beat by 233.33%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$26.00
19.55% downsidePrice history unavailable
High $26.00Average $26.00Low $26.00Rating distribution
4 ratingsLimited analyst sample: 4 ratings. Interpret the distribution with caution.
MMI news
MMI peers
ETFs holding MMI
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR44.32M0.04%111.19B USD0.06%$147.31+0.64%
Vanguard Real Estate ETFVNQ26.73M0.04%73.1B USD0.13%$98.50-0.10%
Vanguard Morningstar Total Stock Market ETFVTI22.3M0.00%2.3T USD0.03%$378.24+0.44%
iShares Russell 2000 ETFIWM19.07M0.02%81.62B USD0.19%$299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB16.02M0.01%183.4B USD0.03%$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR10.19M0.01%68.3B USD0.05%$249.18+0.68%
Vanguard Extended Market ETFVXF8.4M0.01%93.7B USD0.05%$245.53+0.82%
iShares Russell 2000 Value ETFIWN7.45M0.05%14.66B USD0.24%$224.81+0.45%
iShares Core S&P Small-Cap ETFIJR- Market value
- 44.32M
- Weight
- 0.04%
- AUM
- 111.19B USD
- Expense ratio
- 0.06%
- Price / 1D
- $147.31+0.64%
Vanguard Real Estate ETFVNQ- Market value
- 26.73M
- Weight
- 0.04%
- AUM
- 73.1B USD
- Expense ratio
- 0.13%
- Price / 1D
- $98.50-0.10%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 22.3M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
iShares Russell 2000 ETFIWM- Market value
- 19.07M
- Weight
- 0.02%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 16.02M
- Weight
- 0.01%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 10.19M
- Weight
- 0.01%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $249.18+0.68%
Vanguard Extended Market ETFVXF- Market value
- 8.4M
- Weight
- 0.01%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
iShares Russell 2000 Value ETFIWN- Market value
- 7.45M
- Weight
- 0.05%
- AUM
- 14.66B USD
- Expense ratio
- 0.24%
- Price / 1D
- $224.81+0.45%
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