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Marcus & Millichap, Inc. (MMI) stock

MMINYSEReal Estate Agents & Managers (For Others)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/30112% above fair value
$24.25−0.56 (-2.26%)

Close on Nov 12, 2026Market cap $918.37MP/E 62.2Yield –

Marcus & Millichap, Inc. grew revenue 10.0% to $826.70M over the twelve months to Sep 30, 2026. Free cash flow was $65.86M, down 6.0% from a year earlier. At the latest close the market valued the company at $918.37M, 62.2 times its earnings.

Revenue
$826.70M
+10.0% vs. a year earlier
Operating income
$10.95M
TTM Q3 2026
Free cash flow
$65.86M
-6.0% vs. a year earlier
EPS, diluted
$0.39
TTM Q3 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$918.37M
P/E ratio
62.2
Price to sales
1.11
Price to book
1.60
Dividend yield
–
Free cash flow yield
7.17%

Fundamentals

Revenue
$826.70M
Net income
$15.12M
EPS, diluted
$0.39
Free cash flow
$65.86M
Book value per share
$14.99
Diluted shares
38M

Trading

Next earnings
Feb 12, 2027 (estimated, after the close)
Previous close
$24.81
Open
$24.97
Day's range
$24.23 – $25.14
Volume
162,381
Average volume (20 days)
182,393
Index membership
S&P SmallCap 600, Russell 2000, Russell 3000
Beta (5 years)
0.98
52-week range
$24.23 – $33.55
RSI (14 days)
29.5
Volatility (1 year)
29.3%
Relative volume
1.07×
WACC
9.9%

Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2013, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

PeriodMMIS&P 500DifferenceMMI per yearS&P 500 per year
1 month-13.5%-2.7%−10.8 pts
3 months-21.5%-1.7%−19.7 pts
Year to date-9.6%+11.9%−21.4 pts
1 year-18.6%+12.0%−30.6 pts
3 years-14.6%+78.2%−92.8 pts-5.1%+21.2%
5 years-44.6%+73.2%−117.8 pts-11.1%+11.6%
10 years+0.7%+309.6%−308.9 pts+0.1%+15.1%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$826.70M+10.0% YoY

Gross profit

–

Operating income

$10.95M

Net income

$15.12M

EPS, diluted

$0.39

Free cash flow

$65.86M-6.0% YoY
Reported periodTrailing twelve months

Press releases

Releases Marcus & Millichap filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Marcus & Millichap

Real Estate Agents & Managers (For Others)

Marcus & Millichap, Inc. provides commercial real estate services, including investment brokerage, financing, and advisory solutions. Its primary activities include representing buyers and sellers in commercial property sales, arranging debt and equity placement through its financing division, and delivering consulting services and research. The company divides its property transactions into private client, middle market, sub-one-million-dollar, and larger transaction tiers. It serves commercial property owners, buyers, developers, and investors, with a primary focus on private client investors transacting in the one to ten million dollar range.

Company profile, executives and history

Marcus & Millichap stock: common questions

What is Marcus & Millichap's stock price?

MMI closed at $24.25 on Nov 12, 2026, down 2.26% on the day. Over the past 52 weeks it traded between $24.23 and $33.55.

What is Marcus & Millichap's market cap?

Marcus & Millichap was worth $918.37M at the close on Nov 12, 2026: the share price times the diluted shares outstanding.

What is MMI's P/E ratio?

MMI trades at 62.2 times earnings, based on diluted earnings per share of $0.39 over the twelve months to Sep 30, 2026.

How much revenue does Marcus & Millichap make?

Marcus & Millichap reported revenue of $826.70M for the twelve months to Sep 30, 2026, up 10.0% from a year earlier.

Does Marcus & Millichap pay a dividend?

No. Marcus & Millichap has not paid a cash dividend over the last twelve months.

When does Marcus & Millichap report earnings next?

Marcus & Millichap is expected to report Q4 FY2026 results on Feb 12, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has MMI stock performed over the past year?

Including dividends, MMI returned -18.6% over the past year, against +12.0% for the S&P 500.

How many MMI shares are sold short?

1M shares were sold short at the latest FINRA report, 3.71% of the float, or 4.9 days of average trading volume.

Who are Marcus & Millichap's competitors?

Companies most similar to Marcus & Millichap by business, industry and size include DOUG, NMRK, FTHM, OPAD, COMP.

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