Brokers Offer Predictions for MLR Q2 Earnings

Miller Industries, Inc. (NYSE:MLR - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings estimates for Miller Industries in a research report issued to clients and investors on Monday, May 12th. DA Davidson analyst M. Shlisky expects that the auto parts company will earn $0.55 per share for the quarter. The consensus estimate for Miller Industries' current full-year earnings is $5.68 per share.

Miller Industries Stock Performance

NYSE MLR opened at $46.63 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm has a market cap of $534.33 million, a price-to-earnings ratio of 7.73 and a beta of 1.20. The company has a 50 day moving average of $42.61 and a 200-day moving average of $58.60. Miller Industries has a 1-year low of $37.40 and a 1-year high of $78.25.

Miller Industries (NYSE:MLR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The auto parts company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.09. The firm had revenue of $225.65 million during the quarter, compared to analysts' expectations of $224.35 million. Miller Industries had a net margin of 5.23% and a return on equity of 18.76%.

Institutional Trading of Miller Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its stake in Miller Industries by 98.0% in the first quarter. IFP Advisors Inc now owns 608 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 301 shares during the last quarter. R Squared Ltd acquired a new position in Miller Industries in the 4th quarter worth $36,000. CANADA LIFE ASSURANCE Co bought a new stake in Miller Industries during the 4th quarter worth about $85,000. CX Institutional bought a new stake in Miller Industries during the 1st quarter worth about $120,000. Finally, GAMMA Investing LLC lifted its position in Miller Industries by 1,894.1% during the 1st quarter. GAMMA Investing LLC now owns 3,051 shares of the auto parts company's stock worth $129,000 after buying an additional 2,898 shares in the last quarter. Institutional investors and hedge funds own 79.24% of the company's stock.

Miller Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 9th. Investors of record on Monday, June 2nd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Monday, June 2nd. Miller Industries's dividend payout ratio is currently 16.99%.

About Miller Industries

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.

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