Marcus & Millichap, Inc.

NYSE:MMI Stock Report

Market Cap: US$1.1b

Marcus & Millichap Dividends and Buybacks

Dividend criteria checks 2/6

Marcus & Millichap is a dividend paying company with a current yield of 1.73%.

Key information

1.7%

Dividend yield

4.9%

Buyback Yield

Total Shareholder Yield6.6%
Future Dividend Yield1.7%
Dividend Growth7.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio-3,302%

Recent dividend and buyback updates

Analysis Article Aug 04

Marcus & Millichap (NYSE:MMI) Is Due To Pay A Dividend Of $0.25

Marcus & Millichap, Inc.'s ( NYSE:MMI ) investors are due to receive a payment of $0.25 per share on 6th of October...

Recent updates

Narrative Update Apr 27

MMI: Future Returns Will Depend On Completed Buybacks And Steady Earnings Multiples

Analysts kept their $28.00 price target for Marcus & Millichap in place, making only small tweaks to assumptions such as the discount rate and forward P/E to reflect updated modeling rather than a change in their overall view. What's in the News From October 1, 2025 to February 10, 2026, Marcus & Millichap repurchased 740,960 shares for US$20.92 million, representing 1.9% of its shares.
Narrative Update Apr 13

MMI: Future Returns Will Rely On Completed Buybacks And Stable Earnings Multiples

Analysts have kept their price target for Marcus & Millichap steady at about $28, reflecting largely unchanged assumptions around the discount rate, revenue growth, profit margin, and future P/E. This suggests that their overall view on the stock remains consistent for now.
Narrative Update Mar 29

MMI: Future Returns Will Depend On Completed Buybacks And Steady Profitability

Analysts maintained their $28.00 price target for Marcus & Millichap, citing largely unchanged assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News From October 1, 2025 to February 10, 2026, Marcus & Millichap repurchased 740,960 shares for US$20.92 million, equal to 1.9% of its shares under an existing buyback program (Key Developments).
Narrative Update Mar 15

MMI: Future Returns Will Rely On Share Buybacks And Stable Profitability

Analysts kept their $28.00 price target on Marcus & Millichap unchanged, citing largely stable assumptions around the discount rate, revenue growth, profit margin, and future P/E, which together support a steady fair value view. What's in the News From October 1, 2025 to February 10, 2026, Marcus & Millichap repurchased 740,960 shares for US$20.92 million, representing 1.9% of the company.
Narrative Update Mar 01

MMI: Future Returns Will Depend On Share Repurchases And Stable Profitability Metrics

Analysts have maintained their $28.00 price target on Marcus & Millichap, with only minor model adjustments to the discount rate, revenue growth, profit margin, and future P/E expectations supporting this unchanged view. What's in the News From October 1, 2025 to February 10, 2026, Marcus & Millichap repurchased 740,960 shares for US$20.92 million, representing 1.9% of shares.
Seeking Alpha Feb 17

Marcus & Millichap: High Forecasts, Fragile Backdrop

Summary Marcus & Millichap, Inc. remains a Hold as CRE recovery is uneven and macro risks persist. MMI's Q4 showed improved private client activity and financing revenue, but larger transactions and average deal size declined. MMI stock valuation appears rich by earnings but cheap by EV/Sales; future upside hinges on a robust CRE rebound. A strong balance sheet and liquidity provide flexibility, but MMI's dividend yield lags peers, and capital returns are modest. Read the full article on Seeking Alpha
Narrative Update Feb 15

MMI: Future Returns Will Rely On Stable Profitability And Earnings Multiple Assumptions

Analysts have kept their $28.00 price target on Marcus & Millichap, with the steady view supported by updated assumptions that reflect revised revenue growth, profit margin and P/E expectations, along with a slightly adjusted discount rate. Valuation Changes Fair Value: Held steady at $28.00 per share, with no change from the prior estimate.
Narrative Update Feb 01

MMI: Future Returns Will Rely On Technology Investments And Share Repurchases

Analysts now set a lower implied fair value for Marcus & Millichap at US$28, down from US$30, reflecting updated assumptions for growth, profitability and a higher discount rate alongside a higher forward P/E multiple. What's in the News Marcus & Millichap is actively seeking acquisitions, with management highlighting a focus on productivity growth through technology and AI investments, acquisitions, and expanding the MMI brand to support long term value for clients and shareholders (Key Developments).
Analysis Article Aug 04

Marcus & Millichap (NYSE:MMI) Is Due To Pay A Dividend Of $0.25

Marcus & Millichap, Inc.'s ( NYSE:MMI ) investors are due to receive a payment of $0.25 per share on 6th of October...
User avatar
New Narrative May 28

Wealth Transfer And Urbanization Will Unlock Real Estate Potential

Investments in technology and strategic acquisitions position the company to capture market share and enhance productivity as transaction activity accelerates.
Analysis Article Apr 25

It Looks Like Marcus & Millichap, Inc.'s (NYSE:MMI) CEO May Expect Their Salary To Be Put Under The Microscope

Key Insights Marcus & Millichap to hold its Annual General Meeting on 1st of May CEO Hessam Nadji's total compensation...
Analysis Article Feb 28

Marcus & Millichap (NYSE:MMI) Has Announced A Dividend Of $0.25

Marcus & Millichap, Inc. ( NYSE:MMI ) will pay a dividend of $0.25 on the 4th of April. This means the annual payment...
Analysis Article Feb 10

Marcus & Millichap (NYSE:MMI) Has Announced A Dividend Of $0.25

Marcus & Millichap, Inc. ( NYSE:MMI ) will pay a dividend of $0.25 on the 4th of April. This means the annual payment...
Analysis Article Aug 21

Marcus & Millichap (NYSE:MMI) Has Affirmed Its Dividend Of $0.25

Marcus & Millichap, Inc. ( NYSE:MMI ) has announced that it will pay a dividend of $0.25 per share on the 4th of...
Analysis Article Aug 05

Marcus & Millichap (NYSE:MMI) Has Announced A Dividend Of $0.25

The board of Marcus & Millichap, Inc. ( NYSE:MMI ) has announced that it will pay a dividend of $0.25 per share on the...
Analysis Article Jul 26

A Piece Of The Puzzle Missing From Marcus & Millichap, Inc.'s (NYSE:MMI) 27% Share Price Climb

The Marcus & Millichap, Inc. ( NYSE:MMI ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Apr 26

We Think Marcus & Millichap, Inc.'s (NYSE:MMI) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights Marcus & Millichap to hold its Annual General Meeting on 2nd of May Salary of US$700.0k is part of CEO...
Analysis Article Apr 24

At US$32.36, Is It Time To Put Marcus & Millichap, Inc. (NYSE:MMI) On Your Watch List?

While Marcus & Millichap, Inc. ( NYSE:MMI ) might not have the largest market cap around , it received a lot of...
Analysis Article Mar 29

A Look At The Intrinsic Value Of Marcus & Millichap, Inc. (NYSE:MMI)

Key Insights Marcus & Millichap's estimated fair value is US$39.32 based on 2 Stage Free Cash Flow to Equity Marcus...
Analysis Article Feb 12

Marcus & Millichap (NYSE:MMI) Has Announced A Dividend Of $0.25

Marcus & Millichap, Inc.'s ( NYSE:MMI ) investors are due to receive a payment of $0.25 per share on 5th of April. This...
Analysis Article Dec 20

Why Investors Shouldn't Be Surprised By Marcus & Millichap, Inc.'s (NYSE:MMI) 27% Share Price Surge

Marcus & Millichap, Inc. ( NYSE:MMI ) shares have continued their recent momentum with a 27% gain in the last month...
Analysis Article Sep 25

When Should You Buy Marcus & Millichap, Inc. (NYSE:MMI)?

While Marcus & Millichap, Inc. ( NYSE:MMI ) might not be the most widely known stock at the moment, it received a lot...
Analysis Article Aug 28

Marcus & Millichap (NYSE:MMI) Has Affirmed Its Dividend Of $0.25

Marcus & Millichap, Inc. ( NYSE:MMI ) has announced that it will pay a dividend of $0.25 per share on the 6th of...
Seeking Alpha Aug 07

Marcus & Millichap's Q2: Struggling With Economic Challenges

Summary Marcus & Millichap's financial performance has declined compared to the previous year due to challenging economic conditions. The company has reduced operational costs and maintained a strong balance sheet, but its share price performance is underwhelming. The high P/E ratio, low earnings growth rate, and modest dividend yield warrant a cautious approach for investors. Read the full article on Seeking Alpha
Analysis Article Aug 05

Marcus & Millichap (NYSE:MMI) Is Paying Out A Dividend Of $0.25

Marcus & Millichap, Inc.'s ( NYSE:MMI ) investors are due to receive a payment of $0.25 per share on 6th of October...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, MMI has been paying a dividend for less than 10 years.

Growing Dividend: MMI has only been paying a dividend for 4 years, and since then payments have not increased.


Dividend Yield vs Market

Marcus & Millichap Dividend Yield vs Market
How does MMI dividend yield compare to the market?
SegmentDividend Yield
Company (MMI)1.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Real Estate)2.2%
Analyst forecast (MMI) (up to 3 years)1.7%

Notable Dividend: MMI's dividend (1.73%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: MMI's dividend (1.73%) is low compared to the top 25% of dividend payers in the US market (4.24%).


Earnings Payout to Shareholders

Earnings Coverage: MMI is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.9%), MMI's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 14:02
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Marcus & Millichap, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mitchell GermainCitizens JMP Securities, LLC
Brad BurkeGoldman Sachs
Blaine HeckWells Fargo Securities, LLC