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Marcus & Millichap (Marcus & Millichap) Beta : 1.45 (As of Apr. 25, 2024)


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What is Marcus & Millichap Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-25), Marcus & Millichap's Beta is 1.45.


Marcus & Millichap Beta Historical Data

The historical data trend for Marcus & Millichap's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marcus & Millichap Beta Chart

Marcus & Millichap Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.83 1.05 1.04 1.49

Marcus & Millichap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 1.00 1.09 1.27 1.49

Competitive Comparison of Marcus & Millichap's Beta

For the Real Estate Services subindustry, Marcus & Millichap's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marcus & Millichap's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Marcus & Millichap's Beta distribution charts can be found below:

* The bar in red indicates where Marcus & Millichap's Beta falls into.



Marcus & Millichap Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Marcus & Millichap  (NYSE:MMI) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Marcus & Millichap Beta Related Terms

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Marcus & Millichap (Marcus & Millichap) Business Description

Traded in Other Exchanges
Address
23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302
Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Executives
Richard D. Matricaria officer: EVP & COO - Western Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge officer: Chief Administrative Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker officer: EVP & COO - Eastern Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji officer: Chief Strategy Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc 10 percent owner 777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie officer: Chief Financial Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro officer: EVP and CFO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar officer: Executive VP and COO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen director
William E. Hughes officer: SVP Marcus & Millichap Capital C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz officer: Chief Accounting Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302