Miller Industries (MLR) Stock Price, News & Analysis

Company Overview

Miller Industries, Inc. designs, manufactures and sells towing and recovery equipment for commercial, municipal, transportation and emergency-service customers. Its product portfolio includes light-, medium- and heavy-duty wreckers; car carriers and transporters; rotator recovery units; and specialized equipment used to recover, move and transport disabled or damaged vehicles.

The company markets products under several established brands, including Century, Vulcan, Holmes, Challenger and Champion. Its equipment is sold through a network of independent dealers and distributors, supporting customers in the United States and international markets. Miller Industries also provides related parts and service support for its equipment.

Founded in 1990 and headquartered in Ooltewah, Tennessee, Miller Industries has grown into a major manufacturer serving the global towing and vehicle-recovery industry. The company’s operations include product design, engineering and manufacturing, with its equipment used by towing operators, fleet owners, government agencies and other commercial customers.

Key Stats

• Today's Range: $53.91 to $54.70
• 50-Day Range: $49.99 to $57.82
• 52-Week Range: $35.72 to $59.70
• Volume: 39,867 shs
• Average Volume: 90,143 shs
• Market Capitalization: $615.51 million
• P/E Ratio: 43.73
• Dividend Yield: 1.55%
• Price Target: $54.00
• Consensus Rating: Hold

Miller Industries Stock Analysis - MarketRank™

Miller Industries scored higher than 68% of companies evaluated by MarketBeat, and ranked 370th out of 652 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Hold

Consensus Rating

Miller Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Miller Industries is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Miller Industries has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 42.56%

Earnings Growth

Earnings for Miller Industries are expected to grow by 42.56% in the coming year, from $1.95 to $2.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Miller Industries is 43.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Miller Industries is 43.73, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.83.

Price to Book Value per Share Ratio

Miller Industries has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.81% of the float of Miller Industries has been sold short.

Short Interest Ratio / Days to Cover

Miller Industries has a short interest ratio ("days to cover") of 4.07.

Change versus previous month

Short interest in Miller Industries has recently decreased by 6.94%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Miller Industries pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Miller Industries has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Miller Industries is 67.74%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Miller Industries will have a dividend payout ratio of 30.22% next year. This indicates that Miller Industries will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Miller Industries has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Miller Industries this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Miller Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Miller Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.50% of the stock of Miller Industries is held by insiders.

Percentage Held by Institutions

79.24% of the stock of Miller Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 9/15 Dividend: 9/08/2026
• Ex-Dividend for 9/15 Dividend: 9/08/2026
• Dividend Payable: 9/15/2026
• Today: 10/06/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Construction Machinery & Heavy Transportation Equipment
• Current Symbol: NYSE:MLR
• CIK: 924822
• Web: www.millerind.com
• Phone: (423) 238-4171
• Fax: 423-238-5371
• Employees: 1,535
• Year Founded: 1994

Price Target and Rating

• Average Price Target for Miller Industries: $54.00
• High Price Target: $64.00
• Low Price Target: $44.00
• Potential Upside/Downside: -0.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.24
• Trailing P/E Ratio: 43.73
• Forward P/E Ratio: 27.81
• P/E Growth: N/A
• Net Income: $23.01 million
• Net Margins: 1.86%
• Pretax Margin: 2.73%
• Return on Equity: 3.41%
• Return on Assets: 2.40%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.46
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $790.27 million
• Price / Sales: 0.78
• Cash Flow: $3.29 per share
• Price / Cash Flow: 16.47
• Book Value: $36.79 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 11,350,000
• Free Float: 10,841,000
• Market Cap: $615.51 million
• Optionable: Optionable
• Beta: 1.12