Herman Miller Stock Forecast, Price & News

+0.70 (+1.45 %)
(As of 06/25/2021 09:58 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1,454 shs
Average Volume578,493 shs
Market Capitalization$2.89 billion
P/E RatioN/A
Dividend Yield1.60%
30 days | 90 days | 365 days | Advanced Chart
Receive MLHR News and Ratings via Email

Sign-up to receive the latest news and ratings for Herman Miller and its competitors with MarketBeat's FREE daily newsletter.

Herman Miller logo

About Herman Miller

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services worldwide. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, and Resolve names. It also provides storage products under the Meridian and Tu names; wood case goods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names; Thrive portfolio of ergonomic solutions, ergonomic, and technology support products under the Colebrook Bosson Saunders name; and textiles under the Maharam name, as well as Live Platform system of cloud-connected furnishings, applications, and dashboards. In addition, the company offers products for residential settings under the Eames, Eames Soft Pad, HAY, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names. Its products are used in offices and related conference, lobby, and lounge areas; transportation terminals; hospitals, clinics, and other healthcare facilities; industrial and educational settings; and residential and other environments. The company markets its products through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through e-commerce Website. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan.


See More Headlines

Industry, Sector and Symbol

Sales & Book Value





Social Links


Overall MarketRank

1.18 out of 5 stars

Business Services Sector

223rd out of 511 stocks

Office Furniture Industry

1st out of 3 stocks

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Herman Miller (NASDAQ:MLHR) Frequently Asked Questions

Is Herman Miller a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herman Miller in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Herman Miller stock.
View analyst ratings for Herman Miller
or view top-rated stocks.

What stocks does MarketBeat like better than Herman Miller?

Wall Street analysts have given Herman Miller a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Herman Miller wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Herman Miller?

Herman Miller saw a increase in short interest in May. As of May 14th, there was short interest totaling 4,670,000 shares, an increase of 22.3% from the April 29th total of 3,820,000 shares. Based on an average daily volume of 666,800 shares, the days-to-cover ratio is presently 7.0 days. Currently, 8.0% of the company's shares are sold short.
View Herman Miller's Short Interest

When is Herman Miller's next earnings date?

Herman Miller is scheduled to release its next quarterly earnings announcement on Monday, June 28th 2021.
View our earnings forecast for Herman Miller

How can I listen to Herman Miller's earnings call?

Herman Miller will be holding an earnings conference call on Tuesday, June 29th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) posted its quarterly earnings results on Tuesday, March, 16th. The business services provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.58 by $0.07. The business services provider had revenue of $590.50 million for the quarter, compared to analysts' expectations of $587.27 million. Herman Miller had a negative net margin of 0.34% and a positive trailing twelve-month return on equity of 22.45%. The business's quarterly revenue was down 11.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 EPS.
View Herman Miller's earnings history

How has Herman Miller's stock price been impacted by Coronavirus (COVID-19)?

Herman Miller's stock was trading at $26.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MLHR stock has increased by 85.5% and is now trading at $48.95.
View which stocks have been most impacted by COVID-19

How often does Herman Miller pay dividends? What is the dividend yield for Herman Miller?

Herman Miller declared a quarterly dividend on Tuesday, April 27th. Investors of record on Saturday, May 29th will be paid a dividend of $0.1875 per share on Thursday, July 15th. This represents a $0.75 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Thursday, May 27th.
View Herman Miller's dividend history

Is Herman Miller a good dividend stock?

Herman Miller pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.60%.
View Herman Miller's dividend history.

What price target have analysts set for MLHR?

4 Wall Street analysts have issued 1 year target prices for Herman Miller's stock. Their forecasts range from $40.00 to $62.00. On average, they expect Herman Miller's share price to reach $53.00 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for Herman Miller
or view top-rated stocks among Wall Street analysts.

Who are Herman Miller's key executives?

Herman Miller's management team includes the following people:
  • Ms. Andrea R. Owen, Pres, CEO & Director (Age 56, Pay $1.91M)
  • Mr. Jeffrey M. Stutz, Chief Financial Officer (Age 50, Pay $800.44k)
  • Mr. Gregory J. Bylsma, Strategic Advisor for North America Contract & Operations (Age 56, Pay $842.95k)
  • Mr. Bruce Benedict Watson, Chief Creative Officer (Age 56, Pay $809.51k)
  • Ms. Megan Lyon, Chief Strategy Officer (Age 41, Pay $798.83k)
  • Mr. Richard Scott, Chief Manufacturing & Operations Officer
  • Mr. Jeffrey L. Kurburski, Chief Technology Officer (Age 55)
  • Mr. Kevin J. Veltman, VP of Investor Relations & Treasurer (Age 46)
  • Ms. Jacqueline Hourigan Rice, Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Donald D. Goeman, Exec. VP of Research, Design & Devel. (Age 64)

What is Andi Owen's approval rating as Herman Miller's CEO?

54 employees have rated Herman Miller CEO Andi Owen on Andi Owen has an approval rating of 86% among Herman Miller's employees.

Who are some of Herman Miller's key competitors?

What other stocks do shareholders of Herman Miller own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Herman Miller investors own include AT&T (T), AbbVie (ABBV), Intel (INTC), Pfizer (PFE), Energy Transfer (ET), Verizon Communications (VZ), Medallion Financial (MFIN), Target (TGT), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

What is Herman Miller's stock symbol?

Herman Miller trades on the NASDAQ under the ticker symbol "MLHR."

Who are Herman Miller's major shareholders?

Herman Miller's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.54%), Alliancebernstein L.P. (6.81%), LSV Asset Management (3.76%), Dimensional Fund Advisors LP (2.71%), Vulcan Value Partners LLC (1.95%) and Geode Capital Management LLC (1.91%). Company insiders that own Herman Miller stock include Bruce Benedict Watson, Gregory J Bylsma, Jeffrey L Kurburski, John J Mcphee, Michael A Volkema and Richard Scott.
View institutional ownership trends for Herman Miller

Which institutional investors are selling Herman Miller stock?

MLHR stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Morgan Stanley, Arrowstreet Capital Limited Partnership, Canada Pension Plan Investment Board, Landscape Capital Management L.L.C., Acadian Asset Management LLC, Panagora Asset Management Inc., and Gardner Russo & Quinn LLC. Company insiders that have sold Herman Miller company stock in the last year include Jeffrey L Kurburski, and Richard Scott.
View insider buying and selling activity for Herman Miller
or view top insider-selling stocks.

Which institutional investors are buying Herman Miller stock?

MLHR stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., Peregrine Capital Management LLC, Fort Washington Investment Advisors Inc. OH, AQR Capital Management LLC, Disciplined Growth Investors Inc. MN, Brandywine Global Investment Management LLC, and Clearbridge Investments LLC.
View insider buying and selling activity for Herman Miller
or or view top insider-buying stocks.

How do I buy shares of Herman Miller?

Shares of MLHR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Herman Miller's stock price today?

One share of MLHR stock can currently be purchased for approximately $48.95.

How much money does Herman Miller make?

Herman Miller has a market capitalization of $2.89 billion and generates $2.49 billion in revenue each year.

How many employees does Herman Miller have?

Herman Miller employs 7,600 workers across the globe.

Does Herman Miller have any subsidiaries?

The following companies are subsidiares of Herman Miller: Brandrud Furniture, Colebrook Bosson & Saunders Products Limited, Colebrook Bosson Saunders, Design Within Reach, Geiger International, HM Delaware LLC, HMI Liquidating Company, Hemiri, Herman Miller (Aust.) Proprietary Limited, Herman Miller (Dongguan) Furniture Co., Herman Miller (Ningbo) Furniture Co. Ltd., Herman Miller Asia (Pte.) Ltd., Herman Miller B.V., Herman Miller Canada, Herman Miller Consumer Co., Herman Miller Consumer Corporation Canada, Herman Miller Consumer Holdings, Herman Miller Finance Company (Hong Kong) LImited, Herman Miller Furniture (India) Pvt. Ltd., Herman Miller Global Customer Solutions, Herman Miller Global Customer Solutions (Hong Kong) Limited, Herman Miller Global Holdings Luxembourg S.à r.l., Herman Miller Holdings Limited, Herman Miller International Finance Luxembourg S.à r.l., Herman Miller Japan, Herman Miller Korea LLC, Herman Miller Limited, Herman Miller Mexico S.A. de C.V., Herman Miller Servicios S. de R.L. de C.V., Herman Miller do Brasil, Maars Living Walls, Maharam Fabric Corporation, Meridian Incorporated, Milsure Insurance, Nemschoff, Nemschoff, POSH Office Systems, POSH Office Systems (Hong Kong) Limited, and Sun Hing POSH Holdings Limited.

When was Herman Miller founded?

Herman Miller was founded in 1905.

What is Herman Miller's official website?

The official website for Herman Miller is

Where are Herman Miller's headquarters?

Herman Miller is headquartered at 855 E MAIN AVE, ZEELAND MI, 49464.

How can I contact Herman Miller?

Herman Miller's mailing address is 855 E MAIN AVE, ZEELAND MI, 49464. The business services provider can be reached via phone at 616-654-3000 or via email at [email protected]

This page was last updated on 6/25/2021 by Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.