Marcus & Millichap, Inc. (MMI)

Over the past six months, Marcus & Millichap's stock price has increased by 3.97%, but it was down 29.35% over the last year. In the first quarter of 2025, the company reported a revenue increase and a reduced net loss. The second quarter of 2025 also saw a revenue increase, but with a net loss. A semi-annual dividend of $0.25 per share was declared and paid. The third quarter of 2025 showed revenue growth and a small net profit, including a charge for a legal reserve. The company repurchased shares of common stock. In October 2025, the stock reached a new low, reflecting market challenges.

Marcus & Millichap's business is cyclical and exposed to real estate market swings, with revenue heavily reliant on transaction commissions. The company anticipates quarter-over-quarter sequential revenue growth consistent with normal year-end seasonality, with costs following a usual pattern as revenue builds through the year, suggesting demand builds towards the end of the year.

Marcus & Millichap, Inc. (MMI) is a leading national real estate investment services firm specializing in commercial property sales and financing, operating within the Real Estate sector. Its services include commercial real estate investment sales, financing, research, and advisory services, catering to various commercial real estate sectors. The company also provides capital markets solutions and advisory and consulting services.

Marcus & Millichap operates with over 80 offices across the United States and Canada and has a network of over 1,800 investment professionals.

Marcus & Millichap maintains a strong brand reputation as a leading national real estate investment services firm, consistently ranking among the top firms for commercial property transactions. While a "one-time litigation charge" was reported in Q3 2025, no specific events significantly impacted its overall brand reputation beyond its market leadership and operational activities.

Institutional investors hold approximately 60.25% to 61.23% of the company's stock, insiders own around 37.70% to 85.06%, and retail investors hold approximately 0.00% to 1.07%. Major shareholders include George M. Marcus, Phoenix Investments Holdings LLC, Blackrock Inc., Vanguard Group Inc., Reinhart Partners LLC, Royce Associates LP, Dimensional Fund Advisors LP, Tributary Capital Management LLC, and State Street Corp.