Marcus & Millichap (MMI) Expected to Announce Earnings on Wednesday

Marcus & Millichap (NYSE:MMI) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect Marcus & Millichap to post earnings of ($0.16) per share and revenue of $140.20 million for the quarter.

Marcus & Millichap (NYSE:MMI) last issued its quarterly earnings results on Friday, February 14th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.28. The company had revenue of $240.08 million during the quarter. Marcus & Millichap had a negative return on equity of 1.98% and a negative net margin of 1.78%. During the same period in the prior year, the firm posted ($0.27) EPS.

Marcus & Millichap Stock Performance

Shares of MMI stock opened at $30.39 on Tuesday. Marcus & Millichap has a fifty-two week low of $29.36 and a fifty-two week high of $42.80. The firm has a market capitalization of $1.19 billion, a PE ratio of -94.97 and a beta of 1.17. The stock’s 50-day simple moving average is $33.49 and its 200-day simple moving average is $36.85.

Marcus & Millichap Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Wednesday, March 12th were given a $0.25 dividend. The ex-dividend date was Wednesday, March 12th. This represents a yield of 1.3%. Marcus & Millichap’s dividend payout ratio is currently -156.25%.

Insiders Place Their Bets

In other Marcus & Millichap news, insider Gregory A. Laberge sold 2,915 shares of Marcus & Millichap stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $34.78, for a total transaction of $101,383.70. Following the completion of the transaction, the insider now owns 2,307 shares in the company, valued at approximately $80,237.46. This trade represents a 55.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 39.20% of the stock is currently owned by insiders.

About Marcus & Millichap

Marcus & Millichap, Inc engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.