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

NEW YORK--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Expands Commercial Property Auction Services with Ian Grusd.

Marcus & Millichap Expands Commercial Property Auction Services with Ian Grusd

Marcus & Millichap, Inc. (NYSE:MMI ) Q3 2024 Earnings Conference Call November 8, 2024 12:30 PM ET Company Participants Jacques Cornet - IR Hessam Nadji - President and CEO Steve DeGennaro - CFO Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings. Welcome to Marcus & Millichap's Third Quarter 2024 Financial Results Conference Call.

Marcus & Millichap, Inc. (MMI) Q3 2024 Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its third quarter results today. Third Quarter 2024 Highlights Compared to Third Quarter 2023 Total revenue of $168.5 million, compared to $162.0 million Brokerage commissions of $142.0 million, compared to $139.8 m.

Marcus & Millichap, Inc. Reports Results for Third Quarter 2024

CEDAR PARK, Texas--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients has secured a $63 million loan for the refinance of Muir Lake Apartments, located on Avery Ranch Boulevard in the Austin suburb of Cedar Park, Texas. Built in 2014, the property features 332 garden-style units spread across 46 acres. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog.

Marcus & Millichap's IPA Capital Markets Arranges $63 Million Multifamily Refinance in Greater Austin

BRIDGEPORT, Conn.--(BUSINESS WIRE)---- $k #agencyfinancing--Marcus & Millichap's IPA Capital Markets Arranges $110 Million in Agency Financing and Joint Venture Partnership for Multifamily Acquisition.

Marcus & Millichap's IPA Capital Markets Arranges $110 Million in Agency Financing and Joint Venture Partnership for Connecticut Multifamily Acquisition

CHICAGO--(BUSINESS WIRE)-- #allanmiller--Marcus & Millichap Closes $101 Million 11-Property Hospitality Portfolio Sale.

Marcus & Millichap Closes $101 Million 11-Property Hospitality Portfolio Sale

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 third quarter ended September 30, 2024 on Friday, November 8, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will.

Marcus & Millichap, Inc. to Report Third Quarter 2024 Financial Results on Friday, November 8, 2024

Immunoprecise Antibodies Ltd

LOS ANGELES--(BUSINESS WIRE)-- #apartmentbrokers--Institutional Property Advisors Brokers $92.5 Million Multifamily Sale in L.A.'s NoHo Arts District.

Institutional Property Advisors Brokers $92.5 Million Multifamily Sale in L.A.'s NoHo Arts District

HAMILTON TOWNSHIP, N.J.--(BUSINESS WIRE)-- #bradnathanson--Marcus & Millichap's Institutional Property Advisors Brokers Sale of Grocery-Anchored Regional Power Center in Central New Jersey.

Marcus & Millichap's Institutional Property Advisors Brokers Sale of Grocery-Anchored Regional Power Center in Central New Jersey

NEW YORK--(BUSINESS WIRE)---- $k #andrewcohen--Marcus & Millichap's IPA Capital Markets Arranges $75 Million Financing for Midtown Manhattan Office-to-Residential Conversion Project.

Marcus & Millichap's IPA Capital Markets Arranges $75 Million Financing for Midtown Manhattan Office-to-Residential Conversion Project

MALIBU, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap Brokers Record-Breaking Manufactured Housing Asset Sale in Malibu.

Marcus & Millichap Brokers Record-Breaking Manufactured Housing Asset Sale in Malibu

PHOENIX--(BUSINESS WIRE)---- $k #apartmentbrokers--Marcus & Millichap's Institutional Property Advisors Closes $187.5 Million Multifamily Asset Sale in Phoenix.

Marcus & Millichap's Institutional Property Advisors Closes $187.5 Million Multifamily Asset Sale in Phoenix

DALLAS--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap's IPA Capital Markets Announces Strategic Hire of Industry Veteran in Dallas.

Marcus & Millichap's IPA Capital Markets Announces Strategic Hire of Industry Veteran in Dallas

SIMI VALLEY, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap's Institutional Property Advisors Brokers $95 Million Multifamily Sale in Greater Los Angeles.

Marcus & Millichap's Institutional Property Advisors Brokers $95 Million Multifamily Sale in Greater Los Angeles

MONROVIA, Calif.--(BUSINESS WIRE)---- $MMI #apartmentmentinvestments--Marcus & Millichap's Institutional Property Advisors Closes $87 Million Mixed-Use Asset Sale in California's San Gabriel Valley.

Marcus & Millichap's Institutional Property Advisors Closes $87 Million Mixed-Use Asset Sale in California's San Gabriel Valley

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its second quarter results today. Second Quarter 2024 Highlights Compared to Second Quarter 2023 Total revenue of $158.4 million, compared to $162.9 million Brokerage commissions of $135.4 million, compared to $140.

Marcus & Millichap, Inc. Reports Results for Second Quarter 2024

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $10.2 million. The dividend will be payable on October 4, 2024 to shareholders of record as of the close of business on September 16, 2024. Any and all future dividends are.

Marcus & Millichap Declares Regular Semi-Annual Dividend of $0.25 Per Share

NEW YORK--(BUSINESS WIRE)-- #andrewcohen--Marcus & Millichap's IPA Capital Markets Division Arranges $85 Million Financing for New York City Industrial Condominium.

Marcus & Millichap's IPA Capital Markets Division Arranges $85 Million Financing for New York City Industrial Condominium

CLARKSVILLE, Tenn.--(BUSINESS WIRE)-- #apartmentinvestments--Marcus & Millichap's Institutional Property Advisors Closes Multifamily Asset Sale in Clarksville, Tennessee.

Marcus & Millichap's Institutional Property Advisors Closes Multifamily Asset Sale in Clarksville, Tennessee

Medifast

Worthington Industries

The end of the pandemic served as a springboard for the economy, launching us into a new bull market. I can't blame people for being optimistic after seeing the meteoric rise of several big-name stocks.

Time to Unload: 3 Stocks in Deep Trouble to Sell Now

GLENDALE, Ariz.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap's Institutional Property Advisors Brokers Luxury Midrise Multifamily Asset Sale in Greater Phoenix.

Marcus & Millichap's Institutional Property Advisors Brokers Luxury Midrise Multifamily Asset Sale in Greater Phoenix

SAN JOSE, Calif.--(BUSINESS WIRE)---- $k #affordablehousingbrokers--Marcus & Millichap Closes $71 Million Affordable Housing Asset Sale in Silicon Valley.

Marcus & Millichap Closes $71 Million Affordable Housing Asset Sale in Silicon Valley

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 second quarter ended June 30, 2024 on Wednesday, August 7, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will be.

Marcus & Millichap, Inc. to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

DALLAS--(BUSINESS WIRE)---- $MMI #allanmillermarcusandmillichap--Marcus & Millichap Closes Dual-Branded Hospitality Asset Sale in Downtown Dallas.

Marcus & Millichap Closes Dual-Branded Hospitality Asset Sale in Downtown Dallas

WASHINGTON--(BUSINESS WIRE)---- $MMI #apartmentinvestments--Veteran Self-Storage Broker Joins Marcus & Millichap in Washington, D.C.

News for Marcus & Millichap Stock (MMI)