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Marcus & Millichap, Inc. MMI
Real Estate - Real Estate - Services - NYSE - US
Watchlist
$ 30.53
-3.36 %
$ 1.19 B
Market Cap
-95.41
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMI stock under the worst case scenario is HIDDEN Compared to the current market price of 30.5 USD, Marcus & Millichap, Inc. is HIDDEN

MMI Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMI stock under the base case scenario is HIDDEN Compared to the current market price of 30.5 USD, Marcus & Millichap, Inc. is HIDDEN

MMI Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMI stock under the best case scenario is HIDDEN Compared to the current market price of 30.5 USD, Marcus & Millichap, Inc. is HIDDEN

MMI Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MMI

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1M -17%
6M -24%
1Y 0%
3Y -62%
5Y 22%
All
$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
696 M REVENUE
7.76%
Growth Rates
1Year 7.76%
3Years -18.72%
5Years -2.90%
7Years -0.48%
10Years 1.98%
-32.9 M OPERATING INCOME
44.57%
Growth Rates
1Year 44.57%
3Years -5.49%
5Years -6.05%
7Years -4.30%
10Years -3.34%
-12.4 M NET INCOME
63.68%
Growth Rates
1Year 63.68%
3Years -2.81%
5Years -3.03%
7Years -3.12%
10Years -2.25%
21.7 M OPERATING CASH FLOW
129.98%
Growth Rates
1Year 129.98%
3Years -56.06%
5Years -3.00%
7Years -14.78%
10Years -11.23%
-9.9 M INVESTING CASH FLOW
-13.23%
Growth Rates
1Year -13.23%
3Years 54.96%
5Years -23.68%
7Years 13.50%
10Years 5.39%
-28.8 M FINANCING CASH FLOW
57.51%
Growth Rates
1Year 57.51%
3Years -69.36%
5Years -49.29%
7Years -25.75%
10Years -16.96%
240 M REVENUE
42.47%
Growth Rates
1Year 7.76%
3Years -18.72%
5Years -2.90%
7Years -0.48%
10Years 1.98%
6.7 M OPERATING INCOME
158.47%
Growth Rates
1Year 44.57%
3Years -5.49%
5Years -6.05%
7Years -4.30%
10Years -3.34%
4.99 M NET INCOME
192.70%
Growth Rates
1Year 63.68%
3Years -2.81%
5Years -3.03%
7Years -3.12%
10Years -2.25%
56.7 M OPERATING CASH FLOW
272.02%
Growth Rates
1Year 129.98%
3Years -56.06%
5Years -3.00%
7Years -14.78%
10Years -11.23%
-65.2 M INVESTING CASH FLOW
-1779.22%
Growth Rates
1Year -13.23%
3Years 54.96%
5Years -23.68%
7Years 13.50%
10Years 5.39%
-10.4 M FINANCING CASH FLOW
-831.87%
Growth Rates
1Year 57.51%
3Years -69.36%
5Years -49.29%
7Years -25.75%
10Years -16.96%
Balance Sheet Marcus & Millichap, Inc.
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Current Assets 410 M
Cash & Short-Term Investments 343 M
Receivables 0
Other Current Assets 67.2 M
Non-Current Assets 459 M
Long-Term Investments 0
PP&E 107 M
Other Non-Current Assets 352 M
39.45 %7.73 %12.33 %40.49 %Total Assets$869.8m
Current Liabilities 133 M
Accounts Payable 13.7 M
Short-Term Debt 18.5 M
Other Current Liabilities 101 M
Non-Current Liabilities 106 M
Long-Term Debt 65.7 M
Other Non-Current Liabilities 40.3 M
5.75 %7.75 %42.16 %27.49 %16.85 %Total Liabilities$239.0m
EFFICIENCY
Earnings Waterfall Marcus & Millichap, Inc.
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Revenue 696 M
Cost Of Revenue 431 M
Gross Profit 265 M
Operating Expenses 297 M
Operating Income -32.9 M
Other Expenses -20.5 M
Net Income -12.4 M
700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)696m(431m)265m(297m)(33m)21m(12m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
38.01% GROSS MARGIN
38.01%
Averages
1Year 38.01%
3Years 36.56%
5Years 36.48%
7Years 36.98%
10Years 37.33%
-4.73% OPERATING MARGIN
-4.73%
Averages
1Year -4.73%
3Years -1.12%
5Years 3.74%
7Years 6.35%
10Years 8.93%
-1.78% NET MARGIN
-1.78%
Averages
1Year -1.78%
3Years 0.32%
5Years 3.59%
7Years 5.45%
10Years 6.40%
-1.96% ROE
-1.96%
Averages
1Year -1.96%
3Years 2.46%
5Years 7.13%
7Years 10.36%
10Years 14.90%
-1.42% ROA
-1.42%
Averages
1Year -1.42%
3Years 1.70%
5Years 4.84%
7Years 7.21%
10Years 9.87%
-4.13% ROIC
-4.13%
Averages
1Year -4.13%
3Years 0.31%
5Years 4.55%
7Years 7.28%
10Years 11.17%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Marcus & Millichap, Inc.
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250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -12.4 M
Depreciation & Amortization 16.6 M
Capital Expenditures -7.87 M
Stock-Based Compensation 23.8 M
Change in Working Capital -29 M
Others -4.89 M
Free Cash Flow 13.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Marcus & Millichap, Inc.
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MMI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.66% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.601.601.401.401.201.201.001.000.800.800.600.600.400.400.200.200.000.001.250.250.250.250.251.500.250.500.250.500.2520222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Marcus & Millichap, Inc.
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Sold
0-3 MONTHS
133 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
648 K USD 2
9-12 MONTHS
692 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Institutional Property Advisors Brokers $58.1 Million Luxury Multifamily Asset Sale in Los Angeles LOS ANGELES--(BUSINESS WIRE)---- $MMI #apartmentinvestments--Institutional Property Advisors Brokers $58.1 Million Luxury Multifamily Asset Sale in Los Angeles. businesswire.com - 2 weeks ago
Marcus & Millichap's IPA Capital Markets Division Continues Canadian Expansion TORONTO--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap's IPA Capital Markets Division Continues Canadian Expansion. businesswire.com - 3 weeks ago
Marcus & Millichap's IPA Capital Markets Arranges $61M Redevelopment Financing in Huntington Beach HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap's IPA Capital Markets Arranges $61M Redevelopment Financing in Huntington Beach. businesswire.com - 1 month ago
Marcus & Millichap, Inc. (MMI) Q4 2024 Earnings Call Transcript Marcus & Millichap, Inc. (NYSE:MMI ) Q4 2024 Earnings Conference Call February 14, 2025 10:30 AM ET Company Participants Jacques Cornet - IR Hessam Nadji - President and CEO Steve DeGennaro - CFO Conference Call Participants Jason Belcher - Wells Fargo Operator Greetings, and welcome to Marcus & Millichap's Fourth Quarter and Year End 2024 Earnings Conference Call. As a reminder, this call is being recorded. seekingalpha.com - 2 months ago
Marcus & Millichap, Inc. Reports Results for Fourth Quarter and Full Year 2024 CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its fourth quarter and full year 2024 financial results today. Fourth Quarter 2024 Highlights Compared to Fourth Quarter 2023 Total revenue of $240.1 million, compared to $166.2 million Brokerage commissions of $202. businesswire.com - 2 months ago
Probe Gold Reports MMI Soil Sampling Results for its Detour Quebec Project Highlights: Extensive Soil Sampling Program on the Company's 100%-owned Detour project has successfully identified strong gold (Au) and gold-copper (Au-Cu) trends. Anomalies are associated with extension of Agnico Eagle's high-grade, Zone 58 shear splay, 15 kilometres to the west Results to date continue to indicate the potential for highly prospective mineralized systems similar to Zone 58N-style mineralization Ground geophysical surveys are now being planned to cover the soil anomalies, with follow-up drilling to commence in 2025 TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“ Probe” or the “Company”), is pleased to report results from the 2024 MMI soil sampling program on its 100%-owned Detour Quebec Project. globenewswire.com - 2 months ago
Marcus & Millichap Declares Regular Semi-Annual Dividend of $0.25 Per Share CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $9.8 million. The dividend will be payable on April 4, 2025 to shareholders of record as of the close of business on March 12, 2025. Any and all future dividends are subjec. businesswire.com - 2 months ago
$107 Million Construction Financing Arranged by Marcus & Millichap Capital Corporation for Los Angeles Area Mixed-Use Property ONTARIO, Calif.--(BUSINESS WIRE)-- #adept--Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of a 384-unit multifamily asset with 26,000 square feet of retail space located at 4117 E Concours Street in Ontario, California. The project, which is adjacent to the Toyota Arena, will include several digital media signs. Stefen Chraghchian, senior director in MMCC's Encino. businesswire.com - 2 months ago
Marcus & Millichap's IPA Capital Markets Facilitates $165.9 Million Multifamily Financing in Northern Virginia ALEXANDRIA, Va.--(BUSINESS WIRE)-- #alexandriavirginiarealestate--Marcus & Millichap's IPA Capital Markets Facilitates $165.9 Million Multifamily Financing in Northern Virginia. businesswire.com - 2 months ago
Marcus & Millichap, Inc. to Report Fourth Quarter 2024 Financial Results on Friday, February 14, 2025 CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the fourth quarter ended December 31, 2024 on Friday, February 14, 2025, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call wil. businesswire.com - 2 months ago
Marcus & Millichap Capital Corporation Arranges $89.6 Million Construction Financing for Two Minnesota Multifamily Projects CHANHASSEN, Minn.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap Capital Corporation Arranges $89.6 Million Construction Financing for Two Minnesota Multifamily Projects. businesswire.com - 2 months ago
Marcus & Millichap's IPA Capital Markets Secures $79 Million Construction Loan for Transformation of Iconic San Antonio Landmark SAN ANTONIO--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap's IPA Capital Markets Secures $79 Million Construction Loan for Transformation of Iconic San Antonio Landmark. businesswire.com - 2 months ago
8. Profile Summary

Marcus & Millichap, Inc. MMI

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COUNTRY US
INDUSTRY Real Estate - Services
MARKET CAP $ 1.19 B
Dividend Yield 0.66%
Description 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.
Contact 23975 Park Sorrento, Calabasas, CA, 91302 https://www.marcusmillichap.com
IPO Date Oct. 31, 2013
Employees 897
Officers Mr. Gregory A. LaBerge Senior Vice President, Chief Administrative Officer & National Director of Hospitality Division Mr. Fabrice De Bosschere First Vice President, Corporate Controller, Acting Chief Accounting Officer & Principal Accounting Officer Mr. John David Parker Executive Vice President & Chief Operating Officer of Eastern Division Mr. Steven F. DeGennaro Executive Vice President & Chief Financial Officer Mr. Evan Wayne Senior Vice President & Chief Information Officer Mr. George M. Marcus Founder & Chairman Mr. Mark Cortell J.D. Senior Vice President & Chief Legal Officer Mr. Hessam Nadji President, Chief Executive Officer & Director Mr. Richard D. Matricaria Executive Vice President & Chief Operating Officer of Western Division Mr. Tyler Theobald J.D. Senior Vice President, General Counsel & Chief Compliance Officer