MillerKnoll (NASDAQ:MLKN) Issues Q2 2026 Earnings Guidance

Key Points

• MillerKnoll has updated its Q2 2026 earnings guidance, projecting EPS between $0.380 and $0.440, slightly below the consensus estimate of $0.420.
• The company announced a quarterly dividend of $0.1875 per share, with a dividend yield of 3.9%, set to be paid on October 15th.
• MillerKnoll's stock has recently experienced a decline, trading down 4.4% to $19.02, despite analysts generally rating it as a "Hold."

MillerKnoll (NASDAQ:MLKN - Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.380-0.440 for the period, compared to the consensus EPS estimate of 0.420. The company issued revenue guidance of $926.0 million-$966.0 million, compared to the consensus revenue estimate of $964.5 million.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MLKN shares. Zacks Research raised shares of MillerKnoll from a "strong sell" rating to a "hold" rating in a research note on Monday, August 25th. Benchmark upgraded shares of MillerKnoll to a "hold" rating in a research note on Friday, June 27th. Finally, Wall Street Zen raised MillerKnoll from a "hold" rating to a "buy" rating in a research note on Monday. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, MillerKnoll has an average rating of "Hold".

MillerKnoll Trading Down 4.4%

MillerKnoll stock traded down $0.88 during mid-day trading on Tuesday, hitting $19.02. The stock had a trading volume of 1,821,666 shares, compared to its average volume of 527,554. The stock has a 50-day simple moving average of $20.43 and a two-hundred day simple moving average of $18.73. The stock has a market capitalization of $1.30 billion, a PE ratio of -33.96, a P/E/G ratio of 0.92 and a beta of 1.25. MillerKnoll has a 12 month low of $15.25 and a 12 month high of $25.96. The company has a current ratio of 1.58, a quick ratio of 0.94 and a debt-to-equity ratio of 1.03.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last released its quarterly earnings results on Tuesday, September 23rd. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.10. MillerKnoll had a positive return on equity of 10.44% and a negative net margin of 1.01%. MillerKnoll has set its Q2 2026 guidance at 0.380-0.440 EPS. As a group, sell-side analysts forecast that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Sunday, August 31st will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, August 29th. MillerKnoll's payout ratio is currently -133.93%.

Institutional Investors Weigh In On MillerKnoll

A number of institutional investors have recently made changes to their positions in MLKN. Bank of America Corp DE boosted its position in shares of MillerKnoll by 12.7% during the 2nd quarter. Bank of America Corp DE now owns 1,040,492 shares of the company's stock valued at $20,206,000 after purchasing an additional 117,000 shares in the last quarter. Front Street Capital Management Inc. raised its stake in MillerKnoll by 6.6% during the 2nd quarter. Front Street Capital Management Inc. now owns 649,373 shares of the company's stock worth $12,611,000 after buying an additional 40,080 shares during the period. Disciplined Growth Investors Inc. MN raised its stake in MillerKnoll by 0.4% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 574,049 shares of the company's stock worth $11,148,000 after buying an additional 2,227 shares during the period. Jane Street Group LLC raised its stake in MillerKnoll by 311.8% during the 1st quarter. Jane Street Group LLC now owns 414,275 shares of the company's stock worth $7,929,000 after buying an additional 313,684 shares during the period. Finally, Public Sector Pension Investment Board raised its stake in MillerKnoll by 6.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 230,995 shares of the company's stock worth $4,486,000 after buying an additional 14,854 shares during the period. Institutional investors own 87.50% of the company's stock.

MillerKnoll Company Profile

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.

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