WallStSmart
MMI

Marcus & Millichap Inc

NYSE: MMI · REAL ESTATE · REAL ESTATE SERVICES

$30.23
+0.60% today

Updated 2026-06-05

Market cap
$1.19B
P/E ratio
P/S ratio
1.52x
EPS (TTM)
$-0.02
Dividend yield
1.66%
52W range
$24 – $33
Volume
0.2M

WallStSmart proprietary scores

51
out of 100
Grade: C
Hold
Investment rating
6.7
Growth
B
8.0
Quality
A
2.0
Profitability
F
5.0
Valuation
C+
3/9
Piotroski F-Score
Weak
3.5
Altman Z-Score
Safe zone
Industry rank
View all highly rated stocks (75+) →205 stocks currently score above 75

Price targets

Analyst target
$28.00
-7.38%
12-Month target
Intrinsic (DCF)
$29.84
Margin of safety
+12.47%
0 Strong Buy0 Buy1 Hold1 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Altman Z 3.51 — safe zone
+ Revenue growth 18.20% QoQ
+ 12.47% below intrinsic value
+ Debt/equity 0.13x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- Thin margins at -0.08%
- Negative free cash flow $-30.55M

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$1.30B$645.93M$696.06M$755.16M$781.59M
Net income$104.22M$-34.03M$-12.36M$-1.91M$-3.10M
EPS$-0.02
Free cash flow$1.96M$-81.80M$13.84M$58.78M$-30.55M
Profit margin8.01%-5.27%-1.78%-0.25%-0.08%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
MMI$1.19B516.72.05.08.0+12.47%Buy
WELL$160.48B5710.05.53.07.0Buy
PLD$131.16B638.07.05.34.0+44.93%Buy
EQIX$107.63B546.76.53.03.5Buy
SPG$86.21B637.39.04.03.0-27.73%Buy
AMT$81.81B726.79.05.33.0+6.94%Strong Buy

Smart narrative

Marcus & Millichap Inc trades at $30.23. Our Smart Value Score of 51/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 3.51, it sits in the safe zone. TTM revenue stands at $781.59M. with profit margins at -0.08%. Our DCF model estimates intrinsic value at $29.84.

Frequently asked questions

What is Marcus & Millichap Inc's stock price?

Marcus & Millichap Inc (MMI) trades at $30.23, on a P/S of 1.5x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Marcus & Millichap Inc overvalued?

Marcus & Millichap Inc carries a Smart Value Score of 51/100 (Grade C), which we rate Hold. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $29.84 versus the $30.23 price, a 12.5% margin of safety on a cash flow basis.

What is the price target of Marcus & Millichap Inc (MMI)?

The 12-month analyst consensus target is $28.00, about 7.4% below the current $30.23. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the intrinsic value of Marcus & Millichap Inc (MMI)?

Our DCF model estimates intrinsic value at $29.84, a +12.5% margin of safety versus today's $30.23. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.

What is Marcus & Millichap Inc's revenue?

Marcus & Millichap Inc's trailing twelve-month revenue is $781.59M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Marcus & Millichap Inc's Altman Z-Score is 3.51, which places it in the safe zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorREAL ESTATE
IndustryREAL ESTATE SERVICES
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio1.52x
ROE-0.10%
Beta1.26
50D MA$29.01
200D MA$28.19
Shares out0.04B
Float0.02B
Short ratio
Avg volume0.2M

Performance

1 week+0.42%
1 month-1.06%
3 months-4.07%
YTD-4.07%
1 year
3 years
5 years