Marcus & Millichap Appoints New Chief Growth Officer

An update from Marcus & Millichap ( (MMI) ) is now available.

On April 29, 2025, Marcus & Millichap announced that Richard Matricaria, previously the Chief Operating Officer for the Western Division, was appointed as the Senior Vice President and Chief Growth Officer effective May 1, 2025. The company entered into an employment agreement with Mr. Matricaria on June 5, 2025, detailing his compensation package, which includes a base salary of $400,000, a potential annual bonus of $600,000, equity grants, and a relocation allowance. This strategic appointment is aimed at driving growth and enhancing the company’s market position.

The most recent analyst rating on (MMI) stock is a Sell with a $20.00 price target. To see the full list of analyst forecasts on Marcus & Millichap stock, see the MMI Stock Forecast page.

Spark’s Take on MMI Stock

According to Spark, TipRanks’ AI Analyst, MMI is a Neutral.

Marcus & Millichap faces significant financial headwinds, with declining revenues and profitability being primary concerns. The strong balance sheet and strategic investments offer some hope, but technical indicators and valuation metrics suggest caution. The earnings call’s positive revenue growth and strategic direction provide a slightly optimistic outlook amidst ongoing challenges.

To see Spark’s full report on MMI stock, click here.

More about Marcus & Millichap

Marcus & Millichap, Inc. operates in the real estate industry, specializing in commercial real estate investment services. The company focuses on providing a range of services including investment sales, financing, research, and advisory services to clients across various property types.

Average Trading Volume: 130,221

Technical Sentiment Signal: Sell

Current Market Cap: $1.16B

See more data about MMI stock on TipRanks’ Stock Analysis page.