MillerKnoll (NASDAQ:MLKN - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.320-0.38 for the period, compared to the consensus 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.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the company. Sidoti raised MillerKnoll to a "hold" rating in a research note on Tuesday, March 25th. Wall Street Zen upgraded MillerKnoll from a "hold" rating to a "buy" rating in a research report on Monday, May 12th.
Read Our Latest Research Report on MillerKnoll
MillerKnoll Stock Performance
MLKN traded down $0.10 during midday trading on Wednesday, reaching $17.62. The company had a trading volume of 1,029,726 shares, compared to its average volume of 597,572. MillerKnoll has a 1 year low of $15.25 and a 1 year 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 company has a market cap of $1.19 billion, a P/E ratio of 41.95, a P/E/G ratio of 0.76 and a beta of 1.17. The business has a 50-day moving average of $16.81 and a two-hundred day moving average of $19.66.
MillerKnoll (NASDAQ:MLKN - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.25. MillerKnoll had a return on equity of 10.79% and a net margin of 0.84%. As a group, equities research analysts predict that MillerKnoll will post 2.12 earnings per share for the current fiscal year.
MillerKnoll Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Sunday, June 1st will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.75 annualized dividend and a dividend yield of 4.26%. MillerKnoll's dividend payout ratio (DPR) is 178.57%.
Hedge Funds Weigh In On MillerKnoll
Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC lifted its position in MillerKnoll by 311.8% in the first 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 buying an additional 13,099 shares during the period. Royal Bank of Canada grew its holdings in MillerKnoll by 39.4% during the 1st quarter. Royal Bank of Canada now owns 19,451 shares of the company's stock worth $373,000 after acquiring an additional 5,495 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 worth $775,000 after purchasing an additional 801 shares during the period. 87.50% of the stock is owned by hedge funds and other institutional investors.
MillerKnoll Company Profile
(
Get Free Report)
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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