Marcus & Millichap, Inc. (MMI)

Over the past six months, Marcus & Millichap's stock experienced a decline of 26.45% from March 18, 2025, to March 17, 2026, with a share price of $25.61. In February 2026, the company reported Q4 2025 earnings with an EPS of $0.34, surpassing forecasts, and full-year 2025 revenue reached $755 million, an 8.5% increase from 2024. In March 2026, there was a significant increase in short interest, and the company's President exercised options and sold approximately $1.1 million worth of stock. An upcoming dividend of $0.25 per share was announced. Analyst ratings in early 2026 included Wells Fargo & Company lowering their target price to $28.00 with an "underweight" rating, Weiss Ratings reissuing a "sell (d+)" rating, and Wall Street Zen upgrading the stock from "hold" to "buy."

Marcus & Millichap experiences some demand seasonality for its products and services. The first quarter's revenue is generally expected to follow a seasonal sequential decline. A statistically strong window for the stock is anticipated around June 24, 2026.

Marcus & Millichap, Inc. (MMI) is a national real estate services firm specializing in commercial real estate investment sales, financing, research, and advisory services, operating within the Real Estate sector. MMI represents commercial property owners as exclusive investment brokers and assists buyers with their acquisition needs, offering services such as real estate investment sales, capital markets solutions, research, and advisory services across various property types. The company is recognized as a leading investment brokerage in the $1 million to $10 million private client market.

Marcus & Millichap has an extensive geographic footprint across North America, operating over 80 offices located in 34 states across the United States and in four provinces in Canada.

Marcus & Millichap has maintained a strong brand reputation within the commercial real estate industry over the past year. The company is consistently described as a leading national real estate services firm and has been recognized as the top-ranked brokerage firm by transactions. The firm emphasizes its extensive network of investment professionals, integrated marketing system, and specialized coverage by property type as key strengths.

Marcus & Millichap's ownership is primarily held by institutional investors, accounting for 59.06% of the shares as of April 2025. Insiders owned 1.12% of the shares, retail investors and other entities accounted for 12.10% of the total holdings, and George M. Marcus held 0.08% of the shares as of May 1, 2024.