Miller Industries (MLR) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Miller Industries (MLR) is set to announce its Q2 2025 earnings on August 6th, with analysts expecting earnings of $0.55 per share and revenue of $234.95 million.
• The company recently paid a quarterly dividend of $0.20 per share, representing an annualized dividend yield of 1.92% and a payout ratio of 16.99%.
• Miller Industries has experienced significant changes in institutional investments, with firms like Millennium Management increasing their stake by 855.1% in the first quarter.

Miller Industries (NYSE:MLR - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect Miller Industries to post earnings of $0.55 per share and revenue of $234.95 million for the quarter.

Miller Industries (NYSE:MLR - Get Free Report) last issued its quarterly earnings results 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 return on equity of 13.78% and a net margin of 4.81%. The firm had revenue of $225.65 million during the quarter, compared to analyst estimates of $224.35 million. On average, analysts expect Miller Industries to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Miller Industries Price Performance

Shares of MLR traded down $0.56 during midday trading on Friday, reaching $40.19. The stock had a trading volume of 107,453 shares, compared to its average volume of 73,260. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.23 and a quick ratio of 2.16. The company has a market capitalization of $460.54 million, a P/E ratio of 8.53 and a beta of 1.22. The firm's 50 day moving average price is $44.43 and its 200-day moving average price is $48.82. Miller Industries has a 52 week low of $37.40 and a 52 week high of $78.25.

Miller Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 9th. Stockholders of record on Monday, June 2nd were given a dividend of $0.20 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. Miller Industries's dividend payout ratio (DPR) is 16.99%.

Analyst Upgrades and Downgrades

Separately, DA Davidson dropped their target price on shares of Miller Industries from $66.00 to $64.00 and set a "buy" rating on the stock in a report on Thursday, June 26th.

Institutional Investors Weigh In On Miller Industries

Several large investors have recently modified their holdings of MLR. Strs Ohio acquired a new stake in shares of Miller Industries during the first quarter worth approximately $182,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Miller Industries by 4.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,624 shares of the auto parts company's stock worth $281,000 after acquiring an additional 312 shares in the last quarter. AQR Capital Management LLC boosted its position in Miller Industries by 41.9% during the first quarter. AQR Capital Management LLC now owns 13,019 shares of the auto parts company's stock valued at $552,000 after purchasing an additional 3,846 shares during the last quarter. Millennium Management LLC grew its stake in Miller Industries by 855.1% in the first quarter. Millennium Management LLC now owns 156,930 shares of the auto parts company's stock valued at $6,649,000 after purchasing an additional 140,500 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Miller Industries by 64.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 286,984 shares of the auto parts company's stock worth $12,160,000 after purchasing an additional 112,925 shares during the last quarter. 79.24% of the stock is owned by institutional investors.

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.