JMP Securities has initiated coverage on Marcus & Millichap (MMI, Financial) with a rating of "Market Perform." This marks the beginning of their analytical coverage for the company. The announcement was made by analyst Mitch Germain on July 21, 2025.
The rating suggests a neutral stance by JMP Securities, indicating that the firm's performance is expected to be in line with the market average. However, no specific price targets or percentage changes have been provided at this time.
Marcus & Millichap (MMI, Financial), traded on the NYSE, primarily focuses on real estate brokerage services. The introduction of this coverage by JMP Securities may offer new insights to investors and stakeholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Marcus & Millichap Inc (MMI, Financial) is $30.00 with a high estimate of $30.00 and a low estimate of $30.00. The average target implies an downside of 2.91% from the current price of $30.90. More detailed estimate data can be found on the Marcus & Millichap Inc (MMI) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Marcus & Millichap Inc's (MMI, Financial) average brokerage recommendation is currently 3.5, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Marcus & Millichap Inc (MMI, Financial) in one year is $22.22, suggesting a downside of 28.09% from the current price of $30.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Marcus & Millichap Inc (MMI) Summary page.