Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMIยทNYSE

$29.92

-0.43%
Real EstateReal Estate - Services

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. 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, including research, advisory, and consulting services to 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.

At a Glance

Live Snapshot
Market Cap$1.13B
EPS-0.0490
P/E Ratio-610.61
Earnings Date07/31/2026
mmi

Marcus & Millichap, Inc. Street Expectations Map

MMI ยท NYSE

Wall Street analysts project that MMI stock may decline over the coming 12 months. The consensus 1-year price target stands at 26.00, with estimates ranging from a low of 26.00 to a high of 26.00.

Lowest Target
26.00
-13.10%
Consensus Target
26.00
-13.10%
Highest Target
26.00
-13.10%

The consensus 1-year price target stands at 26.00, with estimates ranging from a low of 26.00 to a high of 26.00.

Analyst Consensus Analysis

Upside Potential

-13.1%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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Marcus & Millichap, Inc. Forward Estimates of Revenue

MMI ยท NYSE
Latest Revenue
755.16M
FY 2025
Avg Estimate
849.65M
FY 2026
Estimate Range
836.86M - 862.44M
Analyst Spread

Forward Growth Analysis

Projected Growth+12.5%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Marcus & Millichap, Inc. Forward Estimates of Net Income

MMI ยท NYSE
Latest Net Income
-1.91M
FY 2025
Avg Estimate
17.52M
FY 2026
Estimate Range
13.04M - 22.01M
Analyst Spread

Forward Growth Analysis

Projected Growth+1018.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread51%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Marcus & Millichap, Inc. Forward Estimates of EPS

MMI ยท NYSE
Latest EPS
-0.05
FY 2025
Avg Estimate
$0.45
FY 2026
Estimate Range
$0.33 - $0.57
Analyst Spread

Forward Growth Analysis

Projected Growth+1018.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread51%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Marcus & Millichap, Inc. Forward Estimates of EBIT

MMI ยท NYSE
Latest EBIT
3.79M
FY 2025
Avg Estimate
31.52M
FY 2026
Estimate Range
31.05M - 32.00M
Analyst Spread

Forward Growth Analysis

Projected Growth+731.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Marcus & Millichap, Inc. Forward Estimates of EBITDA

MMI ยท NYSE
Latest EBITDA
15.89M
FY 2025
Avg Estimate
45.17M
FY 2026
Estimate Range
44.49M - 45.85M
Analyst Spread

Forward Growth Analysis

Projected Growth+184.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Marcus & Millichap, Inc. Forward Estimates of SG&A Expense

MMI ยท NYSE
Latest SG&A Expense
286.28M
FY 2025
Avg Estimate
216.17M
FY 2026
Estimate Range
212.92M - 219.43M
Analyst Spread

Forward Growth Analysis

Projected Growth-24.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Marcus & Millichap, Inc. Insider Positioning

MMI ยท NYSE

During the last 12 months, insiders have purchased $100K and sold $33K worth of MMI shares, resulting in $67K of net buying activity.

3 Months

Bought

0

0.00

Sold

1.3K

33.28K

Net Activity

-33K

-$33K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

3.4K

100.40K

Sold

0

0.00

Net Activity

+100K

+$100K

Top Buyers

1
ML

Martin Lauralee

Director

3.4K sharesโ€ข2 transactions

$100K

Top Sellers

1
NH

Nadji Hessam

Director, Officer: Chief Executive Officer

1.3K sharesโ€ข1 transactions

$33K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $67K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

3.02:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Recent Trend (3 Months)

$33K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.