Equities Analysts Offer Predictions for MLR Q2 Earnings

Miller Industries, Inc. (NYSE:MLR - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of Miller Industries in a research note issued to 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 Price Performance

Shares of MLR stock traded up $0.38 on Tuesday, reaching $46.38. The company's stock had a trading volume of 52,291 shares, compared to its average volume of 97,473. The stock's fifty day simple moving average is $42.58 and its 200-day simple moving average is $58.08. Miller Industries has a 1 year low of $37.40 and a 1 year high of $78.25. 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 company has a market capitalization of $531.51 million, a price-to-earnings ratio of 7.69 and a beta of 1.20.

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

Institutional Trading of Miller Industries

Large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Miller Industries by 3.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,312 shares of the auto parts company's stock valued at $413,000 after acquiring an additional 225 shares in the last quarter. Hsbc Holdings PLC lifted its stake in shares of Miller Industries by 5.5% in the 4th quarter. Hsbc Holdings PLC now owns 4,955 shares of the auto parts company's stock valued at $326,000 after purchasing an additional 260 shares during the period. SG Americas Securities LLC lifted its stake in shares of Miller Industries by 5.2% in the 4th quarter. SG Americas Securities LLC now owns 5,423 shares of the auto parts company's stock valued at $354,000 after purchasing an additional 270 shares during the period. Redmont Wealth Advisors LLC lifted its stake in shares of Miller Industries by 2.3% in the 4th quarter. Redmont Wealth Advisors LLC now owns 12,392 shares of the auto parts company's stock valued at $810,000 after purchasing an additional 282 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in Miller Industries by 1.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,775 shares of the auto parts company's stock worth $1,423,000 after acquiring an additional 295 shares during the period. 79.24% of the stock is owned by hedge funds and other institutional investors.

Miller Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 9th. Stockholders of record on Monday, June 2nd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.72%. Miller Industries's dividend payout ratio (DPR) is presently 16.99%.

Miller Industries Company Profile

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.