Marcus & Millichap, Inc. (MMI) to Issue Semi-annual Dividend of $0.25 on April 4th

Posted by James Conley on Mar 10th, 2025

Marcus & Millichap, Inc. (NYSE:MMI – Get Free Report) declared a semi-annual dividend on Friday, February 7th, Wall Street Journal reports. Stockholders of record on Wednesday, March 12th will be given a dividend of 0.25 per share by the real estate investment trust on Friday, April 4th. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 12th.

Marcus & Millichap has a payout ratio of 59.5% meaning its dividend is sufficiently covered by earnings.

Marcus & Millichap Trading Down 3.6 %

NYSE:MMI opened at $37.37 on Monday. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -116.78 and a beta of 1.15. Marcus & Millichap has a 1-year low of $29.93 and a 1-year high of $42.80. The business’s fifty day moving average price is $37.45 and its 200 day moving average price is $38.62.

Marcus & Millichap (NYSE:MMI – Get Free Report) last posted its earnings results on Friday, February 14th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.28. Marcus & Millichap had a negative net margin of 1.78% and a negative return on equity of 1.98%. The firm had revenue of $240.08 million during the quarter. During the same quarter last year, the firm earned ($0.27) earnings per share.

Insider Transactions at Marcus & Millichap

In other news, insider Gregory A. Laberge sold 828 shares of Marcus & Millichap stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $38.26, for a total transaction of $31,679.28. Following the sale, the insider now owns 5,222 shares of the company’s stock, valued at approximately $199,793.72. This trade represents a 13.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 39.20% of the stock is currently owned by corporate insiders.

About Marcus & Millichap

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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.