MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) - Analysts at Sidoti Csr lifted their Q1 2026 earnings estimates for shares of MillerKnoll in a note issued to investors on Thursday, June 26th. Sidoti Csr analyst G. Burns now anticipates that the company will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.28. The consensus estimate for MillerKnoll's current full-year earnings is $2.12 per share.
MillerKnoll (NASDAQ:MLKN - Get Free Report) last released its earnings results on Wednesday, June 25th. The company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.16. MillerKnoll had a negative net margin of 1.01% and a positive return on equity of 10.44%. The business had revenue of $961.80 million during the quarter, compared to the consensus estimate of $913.80 million. During the same quarter last year, the firm earned $0.67 earnings per share. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year.
MLKN has been the subject of several other reports. Wall Street Zen upgraded MillerKnoll from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Sidoti raised MillerKnoll to a "hold" rating in a report on Tuesday, March 25th. Finally, Benchmark upgraded shares of MillerKnoll to a "hold" rating in a report on Friday, June 27th.
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MillerKnoll Stock Up 0.6%
Shares of MillerKnoll stock traded up $0.13 during trading hours on Monday, reaching $21.20. 236,265 shares of the company's stock were exchanged, compared to its average volume of 603,277. The stock has a market cap of $1.44 billion, a P/E ratio of -37.86, a P/E/G ratio of 0.91 and a beta of 1.20. The company has a 50 day moving average of $17.28 and a two-hundred day moving average of $19.47. 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 has a fifty-two week low of $15.25 and a fifty-two week high of $31.73.
Hedge Funds Weigh In On MillerKnoll
Institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its stake in shares of MillerKnoll by 458.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,463 shares of the company's stock worth $33,000 after acquiring an additional 1,201 shares during the period. Studio Investment Management LLC lifted its holdings in MillerKnoll by 29.9% during the 4th quarter. Studio Investment Management LLC now owns 2,149 shares of the company's stock valued at $49,000 after purchasing an additional 495 shares during the last quarter. Sterling Capital Management LLC boosted its position in MillerKnoll by 793.5% during the fourth quarter. Sterling Capital Management LLC now owns 2,198 shares of the company's stock worth $50,000 after purchasing an additional 1,952 shares during the period. Summit Securities Group LLC acquired a new position in shares of MillerKnoll in the first quarter valued at $70,000. Finally, Headlands Technologies LLC increased its holdings in shares of MillerKnoll by 816.5% in the first quarter. Headlands Technologies LLC now owns 7,213 shares of the company's stock valued at $138,000 after purchasing an additional 6,426 shares during the last quarter. Institutional investors and hedge funds own 87.50% of the company's stock.
MillerKnoll Announces Dividend
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 paid 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 3.54%. MillerKnoll's dividend payout ratio (DPR) is currently 178.57%.
MillerKnoll Company Profile
(
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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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