MillerKnoll (NASDAQ:MLKN) Issues Earnings Results, Beats Estimates By $0.16 EPS

MillerKnoll (NASDAQ:MLKN - Get Free Report) issued its earnings results on Wednesday. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.16, Zacks reports. MillerKnoll had a return on equity of 10.79% and a net margin of 0.84%. During the same period last year, the firm earned $0.67 EPS. MillerKnoll's quarterly revenue was up 8.2% compared to the same quarter last year. MillerKnoll updated its Q1 2026 guidance to 0.320-0.38 EPS.

MillerKnoll Price Performance

NASDAQ MLKN traded down $0.10 on Wednesday, reaching $17.62. 1,096,754 shares of the stock traded hands, compared to its average volume of 597,896. MillerKnoll has a 12 month low of $15.25 and a 12 month high of $31.73. The company has a quick ratio of 1.05, a current ratio of 1.67 and a debt-to-equity ratio of 1.02. The firm's fifty day simple moving average is $16.81 and its 200 day simple moving average is $19.66. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 41.95, a P/E/G ratio of 0.76 and a beta of 1.17.

MillerKnoll Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Sunday, June 1st will be issued a dividend of $0.1875 per share. The ex-dividend date is Friday, May 30th. This represents a $0.75 annualized dividend and a yield of 4.26%. MillerKnoll's payout ratio is 178.57%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MLKN. Jane Street Group LLC lifted its holdings in MillerKnoll by 311.8% in the 1st quarter. Jane Street Group LLC now owns 414,275 shares of the company's stock valued at $7,929,000 after acquiring an additional 313,684 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of MillerKnoll by 7.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 197,932 shares of the company's stock worth $3,788,000 after purchasing an additional 13,099 shares in the last quarter. Royal Bank of Canada lifted its stake in MillerKnoll by 39.4% during the first quarter. Royal Bank of Canada now owns 19,451 shares of the company's stock valued at $373,000 after purchasing an additional 5,495 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in MillerKnoll by 2.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company's stock worth $775,000 after buying an additional 801 shares in the last quarter. Institutional investors own 87.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MLKN. Sidoti raised MillerKnoll to a "hold" rating in a research note on Tuesday, March 25th. Wall Street Zen raised shares of MillerKnoll from a "hold" rating to a "buy" rating in a report on Monday, May 12th.

About MillerKnoll

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.