Marcus & Millichap Inc (MMI) Files 10-K for the Fiscal Year Ended on December 31, 2017

Marcus & Millichap Inc (MMI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Marcus & Millichap, Inc., is a national brokerage firm engaged in commercial real estate investment sales, financing, research and advisory services. Marcus & Millichap Inc has a market cap of $1.38 billion; its shares were traded at around $36.05 with a P/E ratio of 27.30 and P/S ratio of 1.98.

For the last quarter Marcus & Millichap Inc reported a revenue of $202.8 million, compared with the revenue of $189.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $719.7 million, an increase of 0.3% from last year. For the last five years Marcus & Millichap Inc had an average revenue growth rate of 14.7% a year.

The reported diluted earnings per share was $1.32 for the year, a decline of 20.5% from the previous year. The Marcus & Millichap Inc had a decent operating margin of 13.36%, compared with the operating margin of 14.84% a year before. The 10-year historical median operating margin of Marcus & Millichap Inc is 12.71%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Marcus & Millichap Inc has the cash and cash equivalents of $220.8 million, compared with $187.4 million in the previous year. The long term debt was $7.65 million, compared with $8.69 million in the previous year. The interest coverage to the debt is at a comfortable level of 64.3. Marcus & Millichap Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $36.05, Marcus & Millichap Inc is traded at 16.1% premium to its historical median P/S valuation band of $31.04. The P/S ratio of the stock is 1.98, while the historical median P/S ratio is 1.72. The stock gained 38.60% during the past 12 months.

CEO Recent Trades:

  • CEO Hessam Nadji sold 15,196 shares of MMI stock on 03/09/2018 at the average price of $34. The price of the stock has increased by 6.03% since.

Directors and Officers Recent Trades:

  • Director, 10% Owner George M Marcus sold 218,446 shares of MMI stock on 03/15/2018 at the average price of $36.03. The price of the stock has increased by 0.06% since.
  • 10% Owner Investments Holdings L Phoenix sold 218,446 shares of MMI stock on 03/15/2018 at the average price of $36.03. The price of the stock has increased by 0.06% since.
  • SVP Marcus & Millichap Capital William E. Hughes sold 12,255 shares of MMI stock on 03/14/2018 at the average price of $36. The price of the stock has increased by 0.14% since.

For the complete 20-year historical financial data of MMI, click here.