Miller Industries (NYSE:MLR - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, May 8th.
Miller Industries (NYSE:MLR - Get Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The auto parts company reported $1.45 EPS for the quarter. Miller Industries had a return on equity of 17.97% and a net margin of 5.05%. The business had revenue of $296.25 million for the quarter.
Miller Industries Price Performance
Shares of NYSE:MLR traded up $1.86 during trading on Thursday, hitting $51.07. 65,686 shares of the company's stock were exchanged, compared to its average volume of 55,230. Miller Industries has a 52-week low of $32.48 and a 52-week high of $53.82. The business's 50-day simple moving average is $48.78 and its 200 day simple moving average is $43.14. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.17 and a quick ratio of 1.37. The company has a market cap of $585.77 million, a price-to-earnings ratio of 10.07 and a beta of 1.03.
Miller Industries Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Monday, March 18th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.76 annualized dividend and a yield of 1.49%. This is a positive change from Miller Industries's previous quarterly dividend of $0.18. Miller Industries's dividend payout ratio (DPR) is 14.99%.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Miller Industries from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 7th.
Check Out Our Latest Report on MLR
Miller Industries Company Profile
(
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Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.
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