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MMI

Marcus & Millichap, Inc.

MMI

NYSE·Real Estate·Real Estate - Services·Mkt cap $1.2B

$31.89

-0.69%

P/E

87.11

Mkt Cap

$1.2B

52-Wk Range

$24.43–$33.55

52-Week Range

$24.43 - $33.55

P/E

87.11

Fwd P/E

62.53

Beta

1.24

Div Yield

1.57%

Avg Vol

189.9K

Shares Out

38.1M

Mkt Cap

$1.2B

Price action

Price chart

Down 3.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Largest independent commercial real estate brokerage platform in North America with extensive agent network
  • Integrated capital markets solutions providing direct access to debt and equity financing
  • Proprietary research and market intelligence across multiple asset classes and geographies
  • Diversified revenue streams reducing dependence on transaction volumes alone
  • Established relationships with institutional investors, REITs, and capital providers

Bear Case

2 risks

  • Average volatility.
  • Extreme premium - high expectations embedded

Growth

Stable outlook

Increased commercial real estate transaction volumes and capital deployment post-economic cycles

Value

Extreme premium - high expectations embedded

Momentum

Strong

+6.0% over 3m

Quality

Stable

Strong fundamentals

Dividend

Modest

1.57% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 30, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.10 vs $0.03 consensus (+233.3% surprise). Revenue of $202.9M vs $194.3M expected (+4.4%). Beat on both top and bottom lines.

EPS beat +233.3%
Rev beat +4.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+233.3%

Revenue trend · last 8Q

+44%

+12%

+9%

+15%

+2%

+18%

+18%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$168.5M

$240.1M

$145.0M

$172.3M

$193.9M

$243.9M

$171.5M

$202.9M

Margins · last 8Q

Gross

39.9%

Operating

1.1%

Profit

1.9%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How MMI stacks vs Real Estate - Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.