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Upturn AI SWOT - About
MMI 
Marcus & Millichap Inc (MMI)
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Upturn Advisory Summary
08/28/2025: MMI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $30
1 Year Target Price $30
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -20.41% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.28B USD | Price to earnings Ratio - | 1Y Target Price 30 |
Price to earnings Ratio - | 1Y Target Price 30 | ||
Volume (30-day avg) 1 | Beta 1.27 | 52 Weeks Range 27.61 - 42.50 | Updated Date 08/29/2025 |
52 Weeks Range 27.61 - 42.50 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 1.53% | Basic EPS (TTM) -0.32 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-07 | When - | Estimate -0.04 | Actual -0.28 |
Profitability
Profit Margin -1.69% | Operating Margin (TTM) -5.25% |
Management Effectiveness
Return on Assets (TTM) -2.39% | Return on Equity (TTM) -1.99% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 1141779868 | Price to Sales(TTM) 1.76 |
Enterprise Value 1141779868 | Price to Sales(TTM) 1.76 | ||
Enterprise Value to Revenue 1.57 | Enterprise Value to EBITDA 277.6 | Shares Outstanding 38997000 | Shares Floating 24310595 |
Shares Outstanding 38997000 | Shares Floating 24310595 | ||
Percent Insiders 3.48 | Percent Institutions 97.28 |
Upturn AI SWOT
Marcus & Millichap Inc
Company Overview
History and Background
Marcus & Millichap was founded in 1971 by George M. Marcus and William A. Millichap. It has grown from a regional brokerage to a leading national provider of commercial real estate investment services.
Core Business Areas
- Brokerage Services: Facilitates the sale and leasing of commercial real estate, providing advisory and transaction services to investors.
- Capital Markets: Arranges debt and equity financing for commercial real estate transactions through Marcus & Millichap Capital Corporation (MMCC).
- Investment Services: Offers research, advisory, and consulting services to clients to help them make informed investment decisions.
- Other Services: Includes asset management, property management, and other ancillary services.
Leadership and Structure
The company is led by Hessam Nadji (President and CEO). The organizational structure includes regional managers overseeing various offices and specialized divisions focusing on different property types.
Top Products and Market Share
Key Offerings
- Brokerage of Commercial Real Estate: Facilitates buying, selling and leasing of commercial real estate properties, including multifamily, retail, office, industrial, hospitality, and specialty assets. Market share data is difficult to pinpoint precisely, but Marcus & Millichap is one of the largest players in the US commercial real estate brokerage market. Competitors include CBRE, JLL, Cushman & Wakefield, and Newmark.
- Debt and Equity Financing (MMCC): Arranges debt and equity financing for commercial real estate transactions. Revenue generated by the MMCC contributes a significant portion to the overall Marcus & Millichap revenue. Competitors include other commercial real estate finance companies, banks, and private lenders.
- Research Services: Offers research reports and analysis on commercial real estate market trends, property valuations and investment strategies. Competitors include CBRE, JLL, Cushman & Wakefield.
Market Dynamics
Industry Overview
The commercial real estate market is cyclical, influenced by economic conditions, interest rates, and demographic trends. Currently, there is a fluctuation in demand across different property types, with sectors like industrial and multifamily showing relative strength and others like office facing challenges.
Positioning
Marcus & Millichap positions itself as a specialist in the middle market segment of commercial real estate, focusing on transactions typically ranging from $1 million to $20 million. Its competitive advantages include a large network of brokers, a strong research platform, and a focus on private investors.
Total Addressable Market (TAM)
The total addressable market for commercial real estate brokerage in the US is estimated to be in the hundreds of billions of dollars annually. Marcus & Millichap's positioning allows it to capture a significant portion of the middle market segment, but its share of the overall TAM is subject to market fluctuations.
Upturn SWOT Analysis
Strengths
- Large network of brokers
- Strong research platform
- Focus on the middle market
- Established brand reputation
- MMCC provides integrated financing options
Weaknesses
- Revenue highly dependent on transaction volume
- Vulnerable to economic cycles
- Potential conflicts of interest within brokerage and financing divisions
- Competition from larger, more diversified firms
- Geographic concentration in North America
Opportunities
- Expansion into new geographic markets
- Diversification of service offerings (e.g., property management)
- Leveraging technology to improve efficiency and client service
- Capitalizing on distressed asset opportunities
- Increasing demand for specialized investment properties
Threats
- Economic downturns reducing transaction volume
- Rising interest rates impacting property values and financing costs
- Increased competition from online platforms and alternative investment vehicles
- Regulatory changes impacting commercial real estate
- Geopolitical instability
Competitors and Market Share
Key Competitors
- CBRE
- JLL
- Cushman & Wakefield
- Newmark Group (NMRK)
Competitive Landscape
Marcus & Millichap's advantage is its specialization in the middle market and a large broker network. Disadvantages include less diversification and a smaller global presence compared to CBRE and JLL.
Major Acquisitions
Institutional Property Advisors
- Year: 2019
- Acquisition Price (USD millions): 0
- Strategic Rationale: Expand into larger transactions and serve institutional clients.
Pinnacle Financial Group
- Year: 2018
- Acquisition Price (USD millions): 0
- Strategic Rationale: Expand their presence in the Pacific Northwest
Growth Trajectory and Initiatives
Historical Growth: Marcus & Millichap's growth has been driven by organic expansion and strategic acquisitions. Their focus on the middle market, combined with a large broker network and MMCC, has contributed to stable growth over time, even throughout economic cycles.
Future Projections: Future growth is tied to macroeconomic trends, and analyst estimates vary based on anticipated market conditions. Analyst consensus estimates, which are always changing, are readily available through financial data providers.
Recent Initiatives: Recent initiatives likely include investments in technology, expansion of service offerings (e.g., property management), and strategic acquisitions to enhance market share.
Summary
Marcus & Millichap is a leading commercial real estate brokerage firm specializing in the middle market. Their strength lies in their extensive broker network and research capabilities, allowing them to cater to private investors effectively. A potential weakness is its dependence on transaction volume and economic cycles. They should focus on expanding their service offerings and diversifying their revenue streams to mitigate risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Market Analysis
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Marcus & Millichap Inc
Exchange NYSE | Headquaters Calabasas, CA, United States | ||
IPO Launch date 2013-10-31 | President, CEO & Director Mr. Hessam Nadji | ||
Sector Real Estate | Industry Real Estate Services | Full time employees 897 | Website https://www.marcusmillichap.com |
Full time employees 897 | Website https://www.marcusmillichap.com | ||
Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers real estate services comprising commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets/financing. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, preferred equity, and securitization services, as well as loan sales and due diligence services to commercial real estate owners, developers, and investors. In addition, the company provides advisory and consulting services, which include opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services; and leasing services for tenants and/or landlords in connection with commercial real estate leases. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
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