MillerKnoll (NASDAQ:MLKN) Updates Q1 2026 Earnings Guidance

MillerKnoll (NASDAQ:MLKN - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.320-0.38 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $899.0 million-$939.0 million, compared to the consensus revenue estimate of $890.7 million.

Wall Street Analysts Forecast Growth

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

MillerKnoll Price Performance

MLKN stock traded down $0.01 during trading on Friday, hitting $19.81. The stock had a trading volume of 1,008,120 shares, compared to its average volume of 602,765. The company's 50 day moving average price is $17.01 and its two-hundred day moving average price is $19.53. MillerKnoll has a 1-year low of $15.25 and a 1-year high of $31.73. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of -35.38, a price-to-earnings-growth ratio of 0.87 and a beta of 1.17. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.05 and a current ratio of 1.67.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.16. The business had revenue of $961.80 million during the quarter, compared to the consensus estimate of $913.80 million. MillerKnoll had a negative net margin of 1.01% and a positive return on equity of 10.40%. The company's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. On average, sell-side analysts forecast that MillerKnoll will post 2.12 EPS for the current fiscal year.

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Sunday, June 1st will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.75 annualized dividend and a yield of 3.79%. MillerKnoll's dividend payout ratio (DPR) is presently 178.57%.

Hedge Funds Weigh In On MillerKnoll

A number of hedge funds have recently made changes to their positions in MLKN. Jane Street Group LLC boosted its holdings in MillerKnoll by 311.8% in the first 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of MillerKnoll by 2.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company's stock valued at $775,000 after purchasing an additional 801 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of MillerKnoll by 39.4% in the 1st 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 in the last quarter. Institutional investors and hedge funds 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.