Inside the research
Marcus & Millichap, Inc.
MMI Research profile · latest available data
Price overview
$29.75
▼ -0.55 (-1.8%)
| 52w hi | $32.49 |
|---|---|
| 52w lo | $24.57 |
| Vol | 156.80K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.09
| Short | +0.32 |
|---|---|
| Medium | +0.02 |
| Long | -0.22 |
computed 2026-09-27
Key fundamentals
Marcus & Millichap, Inc.
Real Estate · Real Estate Services
| Market cap | $1.13B |
|---|---|
| Enterprise value | $985.63M |
| Trailing P/E | 80.41x |
| Forward P/E | 31.99x |
| EV / EBITDA | 47.30x |
| P / S (ttm) | 1.39x |
| Profit margin | 1.8% |
| Return on equity | 2.4% |
| Revenue growth | +17.8% |
| Debt / equity | 12.81 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.15 | |
| Sector | -0.04 | |
| Technical | +0.17 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Marcus & Millichap, Inc., an investment brokerage company, provides commercial real estate investment sales, financing services, research and advisory services in the United States and Canada. The company offers research on various property types comprising multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets/financing. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, preferred equity, and securitization services, as well as loan sales and due diligence services to commercial real estate owners, developers, and investors. In addition, the company offers a way to buy and sell commercial property as a complement to its traditional property marketing channels. Further, it provides advisory and consulting services, which include opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services; and leasing services for tenants and/or landlords in connection with commercial real estate leases. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
Risk Metrics
| Beta vs SPX | 0.79 |
|---|---|
| Corr SPX | 0.41 |
| Annual vol | 30.5% |
| Annual ret | -9.9% |
| Sharpe | -0.32 |
| Max DD | -40.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Exhibits | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-05-01 | Shareholder Vote | read |
| 2026-02-13 | Earnings Release, Exhibits | read |
| 2025-11-07 | Earnings Release, Exhibits | read |
| 2025-08-07 | Earnings Release, Exhibits | read |
| 2025-06-09 | Officer / Director Change, Exhibits | read |
| 2025-05-07 | Earnings Release, Shareholder Vote… | read |
| 2025-04-30 | Officer / Director Change | read |
| 2025-03-27 | Officer / Director Change | read |
| 2025-02-14 | Earnings Release, Exhibits | read |
| 2025-02-04 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-08 | Parker John David | Officer, EVP & COO | Option exercise | 2.00K | — |
| 2026-05-08 | Parker John David | Officer, EVP & COO | Withheld for tax | 1.02K | $31.06K |
| 2026-04-30 | MARTIN LAURALEE | Director | Grant | 2.70K | $74.98K |
| 2026-04-30 | MARCUS GEORGE M | Director, 10%Owner | Grant | 2.70K | $74.98K |
| 2026-04-30 | Watters Don C. | Director | Grant | 2.70K | $74.98K |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 98.2% |
| HHI | 3,485 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $29.59M | 949.39K |
| AQR Capital Management | $14.72M | 472.28K |
| Renaissance Technologies | $6.24M | 200.17K |
| Capital Research / Capital World | $4.81M | 154.31K |
| Millennium Management | $1.20M | 38.56K |
| Fidelity / FMR LLC | $1.05M | 33.58K |
| T. Rowe Price Group | $596 | 19.10K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2013–2025 · 13 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $755.16M | +4.7% | |
| Operating income | -$13.71M | +29.6% | |
| Net income | -$1.91M | +17.7% | |
| Cash from ops | $21.71M | -5.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $30.10 | $30.31 | $29.68 | $29.75 | 156.80K |
| Sep 24 | $30.16 | $30.60 | $29.85 | $30.30 | 166.70K |
| Sep 23 | $30.66 | $30.66 | $29.92 | $30.07 | 170.10K |
| Sep 22 | $31.12 | $31.39 | $30.28 | $30.93 | 162.50K |
| Sep 21 | $30.50 | $30.92 | $30.30 | $30.86 | 182.30K |
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