Marcus & Millichap, Inc. (MMI)

NYSE Real Estate Real Estate Services S&P SmallCap 600
$27.75
-0.91 (-3.18%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W-0.9%
1M-3.5%
3M-9.5%
6M-8.8%
YTD+1.7%
1Y-10.2%
3Y-5.0%
5Y-41.1%

Key statistics

Full financials →
Market cap$1.1B
P/E (TTM)71.2
EPS (TTM, diluted)$0.39
P/S1.27
P/B1.83
EV / EBITDA40.5
Revenue (TTM)$827.00M
Revenue growth+10.0%
Net margin1.8%
ROE2.6%
Debt / equity0.00
FCF yield6.3%
Dividend yield1.80%
Payout ratio128%
Beta (1Y)0.59
Volatility (1Y)28.7%
52-week range$24.43 – $33.55
Avg volume (50D)167.14K

Revenue & net income — last 8 quarters

Statements →

Chart pattern: Triple Top (weekly)

▼ Broken down
MMI Triple Top chart

Broke on Oct 02, 2026 · measured target $25.57 (-8%). Details →

Nov 5, 9:28 PM ET

Marcus & Millichap Q3 revenue rises 7.5% to $208.4 million; net income $1.0 million

Positive earnings 2.02

Marcus & Millichap reported third quarter 2026 revenue of $208.4 million, up 7.5% from a year earlier, and net income of $1.0 million, or $0.03 per diluted share, compared with $0.2 million, or $0.01, in the third quarter of 2025. The company said the results are preliminary until it files its Form 10-Q, and it expects near-term challenges in the commercial real estate market to extend through 2026.

  • Total revenue was $208.4 million versus $193.9 million; brokerage commissions rose 7.4% to $174.1 million, with Middle Market and Larger Transaction Market brokerage revenue up 18.1%.
  • Adjusted EBITDA was $8.2 million versus $6.9 million; cost of services rose to 64.0% of total revenue, up 160 basis points.
  • Nine-month revenue was $582.8 million, up 14.0%, and nine-month net income was $1.8 million, or $0.05 per diluted share, compared with a net loss of $15.2 million.
  • The company repurchased 912,957 shares for $23.9 million in the first nine months and had about $90.1 million remaining under its repurchase program as of November 3, 2026.
Read the filing on SEC.gov ↗
Aug 5, 9:38 PM ET

Marcus & Millichap Q2 Revenue Up 17.8% to $202.9 Million; Net Income $3.9 Million

Positive earnings Written later 2.02

Marcus & Millichap reported preliminary second quarter 2026 results, with total revenue up 17.8% to $202.9 million from $172.3 million a year earlier. Net income was $3.9 million, or $0.10 per diluted share, compared with a net loss of $11.0 million, or $0.28 per share, in the second quarter of 2025. The company has not yet filed its Form 10-Q, so the results remain subject to change.

  • Total revenue rose 17.8% to $202.9 million; real estate brokerage commissions rose 18.1% to $167.0 million.
  • Net income was $3.9 million, or $0.10 per diluted share, versus a net loss of $11.0 million, or $0.28 per share, a year earlier.
  • Cost of services rose to 62.4% of total revenue, up 50 basis points, which the company attributed to higher commissions for senior investment sales and financing professionals.
  • The Board declared a semi-annual dividend of $0.25 per share on July 31, 2026, payable October 6, 2026; about $90.1 million remained under the repurchase program as of August 3, 2026.
Read the filing on SEC.gov ↗
May 6, 8:31 PM ET

Marcus & Millichap Q1 revenue rises 18.2% to $171.5 million; net loss narrows

Positive earnings Written later 2.02

Marcus & Millichap reported first quarter 2026 total revenue of $171.5 million, up 18.2% from $145.0 million, and a net loss of $3.1 million, or $0.08 per diluted share, versus a net loss of $4.4 million, or $0.11 per share, a year earlier. The company said the results are preliminary because it has not yet filed its Form 10-Q, and it expects near-term challenges in the commercial real estate transaction market to extend through 2026.

  • Total revenue $171.5 million, up 18.2% from $145.0 million in Q1 2025
  • Net loss $3.1 million ($0.08 per diluted share) vs. $4.4 million ($0.11) in Q1 2025
  • Board approved an additional $70 million for share repurchases on April 30, 2026; about $90 million now available
  • Results are preliminary and subject to change until the Form 10-Q is filed
Read the filing on SEC.gov ↗
Feb 12, 9:16 PM ET

Marcus & Millichap Q4 revenue up 1.6% to $244.0 million; EPS $0.34 vs $0.22

Positive earnings Written later 2.02

Marcus & Millichap reported preliminary fourth quarter and full year 2025 results, with revenue and profit improving from 2024. The results are preliminary because the audit is ongoing and the Form 10-K has not been filed, including work on a valuation allowance for deferred tax assets, so tax and net income figures may change.

  • Q4 2025 total revenue was $244.0 million, up 1.6% from $240.1 million; diluted EPS was $0.34 vs $0.22 a year earlier.
  • Full year 2025 revenue was $755.2 million, up 8.5%, and the net loss narrowed to $1.9 million ($0.05 per diluted share) from $12.4 million in 2024.
  • Full year 2025 Adjusted EBITDA was $24.6 million, up from $9.4 million in 2024.
  • Tax provision, effective tax rate and net income metrics are preliminary and may be adjusted; the final results will be in the Form 10-K.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Recent SEC filings

EDGAR ↗

Famous investors who own MMI

All investors →
InvestorValue% of portfolioLast quarter
Renaissance Technologies $6.24M0.01% Reduced

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Prices are end-of-day and split-adjusted. Financial data from Marcus & Millichap, Inc.'s SEC XBRL filings. Not investment advice.