Miller Industries (MLR) to Release 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) is expected to release its Q2 2025 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 announced its earnings results on Wednesday, May 7th. The auto parts company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.09. Miller Industries had a net margin of 4.81% and a return on equity of 13.78%. The company had revenue of $225.65 million for the quarter, compared to analysts' expectations 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 Trading Down 1.4%

Shares of NYSE MLR traded down $0.56 during trading on Friday, hitting $40.19. 107,453 shares of the company were exchanged, compared to its average volume of 73,260. Miller Industries has a 12-month low of $37.40 and a 12-month high of $78.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.16 and a current ratio of 3.23. The company has a fifty day moving average price of $44.34 and a 200-day moving average price of $48.52. The firm has a market capitalization of $460.58 million, a PE ratio of 8.53 and a beta of 1.25.

Miller Industries Announces Dividend

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

Hedge Funds Weigh In On Miller Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MLR. Goldman Sachs Group Inc. lifted its holdings in shares of Miller Industries by 64.9% during the first 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 period. Millennium Management LLC lifted its holdings in shares of Miller Industries by 855.1% during the first quarter. Millennium Management LLC now owns 156,930 shares of the auto parts company's stock worth $6,649,000 after purchasing an additional 140,500 shares during the period. AQR Capital Management LLC lifted its holdings in shares of 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 worth $552,000 after purchasing an additional 3,846 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 purchasing an additional 312 shares during the period. Finally, Strs Ohio acquired a new stake in shares of Miller Industries during the first quarter worth $182,000. 79.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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.