Marcus & Millichap (MMI) Expected to Announce Quarterly Earnings on Friday

Marcus & Millichap (NYSE:MMI) is expected to post its quarterly earnings results before the market opens on Friday, February 14th. Analysts expect Marcus & Millichap to post earnings of ($0.06) per share and revenue of $199.80 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Marcus & Millichap Stock Performance

Shares of MMI opened at $36.66 on Thursday. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of -45.26 and a beta of 1.16. Marcus & Millichap has a 52 week low of $29.93 and a 52 week high of $42.80. The business’s fifty day moving average price is $37.77 and its two-hundred day moving average price is $38.56.

Marcus & Millichap Announces Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, March 12th. This represents a yield of 1.3%. Marcus & Millichap’s payout ratio is presently -61.73%.

About 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.