Marcus & Millichap, Inc. (MMI) Analysts See $0.38 EPS; Edgewater Technology (EDGW) SI Increased By 9.65%

May 2, 2018 - By Louis Casey

Marcus & Millichap, Inc. (NYSE:MMI) Logo

Analysts expect Marcus & Millichap, Inc. (NYSE:MMI) to report $0.38 EPS on May, 8.They anticipate $0.07 EPS change or 22.58% from last quarter’s $0.31 EPS. MMI’s profit would be $14.66 million giving it 22.57 P/E if the $0.38 EPS is correct. After having $0.51 EPS previously, Marcus & Millichap, Inc.’s analysts see -25.49% EPS growth. The stock increased 0.41% or $0.14 during the last trading session, reaching $34.3. About 134,346 shares traded. Marcus & Millichap, Inc. (NYSE:MMI) has risen 53.33% since May 2, 2017 and is uptrending. It has outperformed by 41.78% the S&P500.

Edgewater Technology Inc (NASDAQ:EDGW) had an increase of 9.65% in short interest. EDGW’s SI was 25,000 shares in May as released by FINRA. Its up 9.65% from 22,800 shares previously. With 145,700 avg volume, 0 days are for Edgewater Technology Inc (NASDAQ:EDGW)’s short sellers to cover EDGW’s short positions. The SI to Edgewater Technology Inc’s float is 0.21%. The stock decreased 0.35% or $0.02 during the last trading session, reaching $5.73. About 28,947 shares traded. Edgewater Technology, Inc. (NASDAQ:EDGW) has declined 29.14% since May 2, 2017 and is downtrending. It has underperformed by 40.69% the S&P500.

Among 4 analysts covering Marcus & Millichap (NYSE:MMI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Marcus & Millichap had 12 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Wednesday, August 12 by Goldman Sachs. The firm has “Buy” rating by Citigroup given on Friday, August 7. Wells Fargo maintained Marcus & Millichap, Inc. (NYSE:MMI) rating on Wednesday, March 21. Wells Fargo has “Hold” rating and $37.0 target. The rating was upgraded by Goldman Sachs to “Neutral” on Tuesday, November 10. The firm has “Market Perform” rating given on Friday, October 23 by Wells Fargo. JMP Securities upgraded the shares of MMI in report on Wednesday, January 24 to “Market Outperform” rating. Citigroup initiated the shares of MMI in report on Tuesday, December 20 with “Neutral” rating. The stock of Marcus & Millichap, Inc. (NYSE:MMI) earned “Market Perform” rating by JMP Securities on Monday, October 26. Wells Fargo maintained the stock with “Hold” rating in Wednesday, November 8 report. The rating was upgraded by Citigroup on Tuesday, November 14 to “Buy”.

Investors sentiment increased to 2.58 in 2017 Q4. Its up 0.48, from 2.1 in 2017Q3. It is positive, as 8 investors sold Marcus & Millichap, Inc. shares while 23 reduced holdings. 28 funds opened positions while 52 raised stakes. 14.52 million shares or 8.56% more from 13.37 million shares in 2017Q3 were reported. Peak6 Invests Limited Partnership has 0% invested in Marcus & Millichap, Inc. (NYSE:MMI). Stratos Wealth Ptnrs has 200 shares. New York State Teachers Retirement System holds 1,500 shares or 0% of its portfolio. 43,870 are owned by Prudential Financial. Reinhart Partners reported 123,280 shares. Millennium Mgmt Lc invested in 347,862 shares or 0.02% of the stock. First Natl Bank Of Omaha reported 0.1% stake. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,010 shares or 0% of the stock. Elk Creek Prns Lc invested in 311,986 shares or 0.6% of the stock. 304,691 were accumulated by River Road Asset Management Limited Liability Company. Hbk Lp holds 9,500 shares. Boston Prns has invested 0% in Marcus & Millichap, Inc. (NYSE:MMI). Manufacturers Life Ins The, a Ontario – Canada-based fund reported 12,867 shares. D E Shaw reported 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). Cambiar owns 219,358 shares.

Marcus & Millichap, Inc., a brokerage company, provides investment brokerage and financing services to sellers and buyers of various commercial real estate assets in the United States and Canada. The company has market cap of $1.32 billion. The firm offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, and industrial properties, as well as hospitality, self-storage, seniors housing, land, and manufactured housing properties. It has a 25.98 P/E ratio. It also operates as a broker of debt financing for commercial properties.

Marcus & Millichap, Inc. (NYSE:MMI) Institutional Positions Chart

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