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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marcus & Millichap achieves record revenue amidst market disruptions

MMI delivered strong financial performance in Q4 2022 despite market challenges, outperforming in transactions and revenue.
Effective cost management and strategic focus on investor needs position MMI for future growth.
Challenges in revenue decline and cost structure require attention, but opportunities in market improvement and acquisitions are promising.
Shareholder returns and optimism for the future reflect MMI's resilience and strategic planning.

Marcus & Millichap reports Q1 losses, focuses on cost controls

Marcus & Millichap faced challenges in Q1 2023 due to market conditions, reporting revenue of $155 million and a net loss of $5.8 million.
Despite revenue declines and operational losses, the company remains well-capitalized, focusing on cost controls and strategic investments for future growth.
Management expressed gratitude and optimism for future interactions, highlighting a commitment to navigating challenges and capitalizing on opportunities in the market.

Marcus & Millichap reports Q2 revenue decline but showcases resilience

Marcus & Millichap (MMI) navigated challenges in the commercial real estate market, reporting a revenue decline but showcasing resilience in brokerage transactions.
Despite industry-wide disruptions, MMI closed a significant number of transactions and remains well-capitalized with no debt and strong liquidity.
The company's strategic focus on client outreach, technology, and acquisitions positions it well for future growth opportunities amidst market uncertainties.
MMI's ability to outperform in brokerage transactions while addressing specific sales declines highlights its adaptability and strategic positioning.

Marcus & Millichap reports Q3 revenue decline, eyes strategic growth

Marcus & Millichap (MMI) faced revenue challenges in Q3 2023, with transactional activity significantly declining.
Despite a net loss, the company maintained a strong financial position and emphasized long-term value creation through strategic investments.
MMI's focus on external growth opportunities and technology investments signals a commitment to future expansion and market resilience.

Marcus & Millichap faces challenges but remains well-capitalized for recovery

Marcus & Millichap navigated a tough commercial real estate landscape in 2023, closing numerous transactions despite revenue declines and net losses. The company's financial strength, highlighted by a debt-free status and significant cash reserves, positions it well for potential market improvements in the future.

Marcus & Millichap reports Q1 revenue of $129 million

MMI navigated market challenges with a focus on strategic acquisitions and cost management.
Despite a net loss, positive market indicators and client outreach efforts signal resilience.
Opportunities for growth exist through market adjustments and investment in talent and technology.

Marcus & Millichap reports Q2 loss, eyes growth opportunities ahead

Marcus & Millichap navigated a challenging quarter with a focus on cost management and internal growth indicators.
Despite a net loss, the company closed significant brokerage transactions and remains financially stable with no debt.
Anticipation of a Fed interest rate cut and market conditions present opportunities for future growth and strategic investments.

Marcus & Millichap reports revenue growth but faces net loss

Marcus & Millichap (MMI) showed revenue growth in Q3 but faced a net loss, with challenges in Private Client revenue.
The company's strong capital position and transaction volumes highlight resilience and market presence.
Opportunities exist in expanding financing services and addressing cost challenges for sustained growth.
Adapting to market dynamics post-election will be crucial for navigating uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Marcus & Millichap, Inc. (NYSE:MMI ) Q4 2022 Earnings Conference Call February 17, 2023 10:30 AM ET Company Participants Jacques Cornet - ICR Hessam Nadji - President and CEO Steve DeGennaro - CFO Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings, and welcome to the Marcus & Millichap Fourth Quarter and Year-End 2022 Earnings Conference Call. As a reminder, this call is being recorded.

Marcus & Millichap, Inc. (MMI) Q4 2022 Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, “MMI”) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported financial results for the fourth quarter and the year ended December 31, 2022. Fourth Quarter 2022 Highlights Compared to Fourth Quarter 2021 Total revenue was $262.4 million, compared to $495.1 million Net income was $7.

Marcus & Millichap, Inc. Reports Results for Fourth Quarter and Full Year 2022

NEW ORLEANS--( BUSINESS WIRE )--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today an exclusive representation agreement with Deep South Studios LLC to secure joint venture equity in connection with the development of Deep South Studios Phase I. The project is a 262,560-gross-square-foot, full-service motion picture and television production facility in New Orleans, Louisiana. Upon completion the facility will be the largest of its kind in the Southeastern United States. The remaining 85% construction is expected to take 12 to 18 months. Eric Michael Anton and Henri M. Kessler of Marcus & Millichap's Global Capital Division are representing the sponsor, Deep South Studios LLC.

Marcus & Millichap Exclusively Lists Joint Venture Equity Investment Opportunity in New Orleans

CALABASAS, Calif.--( BUSINESS WIRE )--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the fourth quarter ended December 31, 2022 on Friday, February 17, 2023, before the market open.

Marcus & Millichap, Inc. to Report Fourth Quarter 2022 Financial Results And Host Webcast on Friday, February 17, 2023

CALABASAS, Calif.--( BUSINESS WIRE )--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Jim Palmer was hired as senior vice president and national director responsible for overseeing the firm's Commercial Property Auction Services division of its brokerage business. Formed in 2022, the division offers clients an accelerated way to buy and sell commercial property as a complement to the firm's traditional property marketing channels.

Marcus & Millichap Hires National Director of Commercial Property Auction Services

TOMS RIVER, N.J.--( BUSINESS WIRE )--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Ocean County Middle Market Portfolio, a 10-property, 310,023-square-foot retail and office portfolio in the Ocean County, New Jersey townships of Toms River and Brick. The portfolio sold for $46 million.

Marcus & Millichap Closes $46 Million Retail and Office Portfolio Sale with Horizon Equities

NEW YORK--( BUSINESS WIRE )--NNN Pro Group, a leading investment sales team at commercial real estate firm Marcus & Millichap (NYSE: MMI), announced its separation from the national brokerage company effective January 1, 2023. Despite the departure, the two companies will continue to maintain a strong working relationship moving forward.

Net Lease Investment Sales Team “NNN Pro Group” Separates from Marcus & Millichap to Pursue New Strategic Business Opportunities as an Independent Group

CoreCard Corp

MarineMax

Kulicke & Soffa Industries

National Research Corp

New York Times

Werner Enterprises

Whether it's at the gas pump or the grocery store, 50 bucks won't get you nearly as far these days as it did a year ago. However, with the major indices down between 9% and 33% in 2022, traders may find their investment dollars going further than they used to.

7 Stocks Under $50 to Buy and Hold Forever

Asbury Automotive Group

LCI Industries

Mueller Industries

Universal Forest Products

According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Royce Investment Partners' third-quarter 13F equity portfolio that are trading below discounted cash flow value are Marcus & Millchamp Inc. ( MMI , Financial), UFP Industries Inc. ( UFPI , Financial), Mueller Industries Inc. ( MLI , Financial), LCI Industries Inc. ( LCII , Financial) and Asbury Automotive Group ( ABG , Financial).

5 Chuck Royce Stocks Trading Below DCF Value

Cal-Maine Foods

Cavco Industries

Dynavax Technologies

Warrior Met Coal

Encore Wire

One of the more fun assignments at InvestorPlace is selecting the top small-cap stock picks for 2023. In this case, I've been chosen to provide readers with seven options for next year.

Our 7 Top Small-Cap Stock Picks for 2023

Marcus & Millichap shares have fallen 30% year-to-date as commercial property sales volumes deteriorate following rapid interest rate hikes. Marcus & Millichap occupies a profitable niche focusing on small (sub $10 million) commercial properties transacted by wealthy individuals.

Marcus & Millichap: Starting To Get Interesting

GILBERT, Ariz.--( BUSINESS WIRE )--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of Liv Crossroads, a 356-unit multifamily property in Gilbert, Arizona. The $116 million sales price represents $325,843 per unit.

Institutional Property Advisors Brokers $116 Million Multifamily Asset Sale in Metropolitan Phoenix

Apple

Johnson & Johnson

JPMorgan Chase & Co

Kraft Heinz

Coca-Cola

Sociedad Quimica Y Minera De Chile

Safe haven investments are a great way to lower risk over the long haul. Companies with consistent revenue and earnings tend to be more stable and help significantly lower risk during volatile market conditions.

7 Must-Own Safe Havens as Market Selloff Accelerates

Marcus & Millichap, Inc. (NYSE:MMI ) Q3 2022 Earnings Conference Call November 4, 2022 10:30 AM ET Company Participants Jacques Cornet – ICR Hessam Nadji – President and Chief Executive Officer Steve DeGennaro – Chief Financial Officer Conference Call Participants Blaine Heck – Wells Fargo Operator Greetings, and welcome to the Marcus & Millichap Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

Marcus & Millichap, Inc. (MMI) Q3 2022 Earnings Call Transcript

Marcus & Millichap, Inc. Reports Results for Third Quarter 2022

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per unit.

Institutional Property Advisors Brokers $150 Million Luxury Multifamily Asset Sale in Scottsdale, Arizona

AUSTIN, Texas--(BUSINESS WIRE)-- #commercialpropertyinvestments--Marcus & Millichap Brokers Crowne Plaza Hospitality Asset Sale in Austin

Marcus & Millichap Brokers Crowne Plaza Hospitality Asset Sale in Austin

Marcus & Millichap, Inc. to Report Third Quarter 2022 Financial Results And Host Webcast on Friday, November 4, 2022

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Announces Major Technology Enhancement for Accessing its Exclusive Inventory

Marcus & Millichap Announces Major Technology Enhancement for Accessing its Exclusive Inventory

Although it has underperformed the market and some peers in recent years, the company's business model will make it more robust in a recessionary period. Wider industry trends provide the basis for long-term growth.

Marcus & Millichap Is A Great Long-Term Play

CF Industries Holdings

Canadian Natural Resources

Cenovus Energy

Novartis

Investors who have a high exposure to stocks in 2022 probably wish the year would end. Unless they raised their allocation in cash, their losses in the portfolio are mounting.

7 Safe Havens All Investors Should Have Exposure to in 2022

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap and Project Destined Announce Expanded Partnership

Marcus & Millichap and Project Destined Announce Expanded Partnership

LOS ANGELES--(BUSINESS WIRE)---- $k #apartmentmentinvestments--The Mansour Group of Marcus & Millichap Brokers Largest Net Lease Retail Sale of the Year to Date

The Mansour Group of Marcus & Millichap Brokers Largest Net Lease Retail Sale of the Year to Date

Marcus & Millichap, Inc. (NYSE:MMI ) Q2 2022 Earnings Conference Call August 6, 2022 10:30 AM ET Company Participants Brad Cohen - Investor Relations Hessam Nadji - President and Chief Executive Officer Steven DeGennaro - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings, and welcome to the Marcus & Millichap Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Marcus & Millichap, Inc. (MMI) CEO Hessam Nadji on Q2 2022 Results - Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, “MMI”) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported a record second quarter. Second Quarter 2022 Highlights Compared to Second Quarter 2021 Total revenues grew by 39.0% to $396.0 million Net income increased to $42.2 million, or $1.04 per common share, diluted, compared to $

News for Marcus & Millichap Stock (MMI)