Sidoti Csr Has Bullish Estimate for MillerKnoll Q1 Earnings

MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) - Investment analysts at Sidoti Csr boosted their Q1 2026 earnings estimates for shares of MillerKnoll in a research report issued to clients and investors on Thursday, June 26th. Sidoti Csr analyst G. Burns now forecasts that the company will post earnings of $0.36 per share 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 issued its earnings results on Wednesday, June 25th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.16. The business had revenue of $961.80 million for the quarter, compared to analyst estimates of $913.80 million. MillerKnoll had a negative net margin of 1.01% and a positive return on equity of 10.44%. The firm's revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 EPS.

A number of other equities analysts have also recently issued reports on MLKN. Sidoti raised MillerKnoll to a "hold" rating in a report on Tuesday, March 25th. Wall Street Zen upgraded MillerKnoll from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, Benchmark raised MillerKnoll to a "hold" rating in a report on Friday.

MillerKnoll Price Performance

MLKN traded up $1.23 during midday trading on Monday, reaching $20.65. 777,282 shares of the company's stock were exchanged, compared to its average volume of 604,025. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 1.03. The business has a 50-day simple moving average of $17.09 and a two-hundred day simple moving average of $19.45. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 0.86 and a beta of 1.20. MillerKnoll has a one year low of $15.25 and a one year high of $31.73.

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Sunday, June 1st will be given a dividend of $0.1875 per share. The ex-dividend date is Friday, May 30th. This represents a $0.75 dividend on an annualized basis and a yield of 3.63%. MillerKnoll's dividend payout ratio (DPR) is presently 178.57%.

Institutional Trading of MillerKnoll

Large investors have recently made changes to their positions in the business. Deprince Race & Zollo Inc. acquired a new position in MillerKnoll during the 4th quarter worth about $32,283,000. LSV Asset Management raised its stake in shares of MillerKnoll by 36.4% in the first quarter. LSV Asset Management now owns 1,280,484 shares of the company's stock worth $24,508,000 after acquiring an additional 342,048 shares during the last quarter. Jane Street Group LLC lifted its position in shares of MillerKnoll by 311.8% during the first quarter. Jane Street Group LLC now owns 414,275 shares of the company's stock worth $7,929,000 after purchasing an additional 313,684 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of MillerKnoll by 877.9% during the first quarter. Raymond James Financial Inc. now owns 334,772 shares of the company's stock valued at $6,407,000 after purchasing an additional 300,539 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of MillerKnoll during the fourth quarter valued at approximately $6,576,000. Institutional investors own 87.50% of the company's stock.

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.