Marcus & Millichap (MMI) to Release Earnings on Friday

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

Marcus & Millichap Price Performance

NYSE:MMI opened at $36.66 on Thursday. The business’s 50-day simple moving average is $37.77 and its 200-day simple moving average is $38.56. Marcus & Millichap has a fifty-two week low of $29.93 and a fifty-two week high of $42.80. The stock has a market capitalization of $1.42 billion, a PE ratio of -45.26 and a beta of 1.16.

Marcus & Millichap Announces Dividend

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

Marcus & Millichap Company Profile

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.