NASDAQ:MLHR - Herman Miller Stock Price, Forecast & News

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

Herman Miller declared a dividend on Tuesday, October 15th. Stockholders of record on Sunday, December 1st will be given a dividend of $0.21 per share on Wednesday, January 15th. The ex-dividend date of this dividend is Wednesday, November 27th. View Herman Miller's Dividend History.

Herman Miller, Inc. (NASDAQ:MLHR) released its earnings results on Wednesday, December, 18th. The business services provider reported $0.88 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.01. The business services provider earned $674.20 million during the quarter, compared to analyst estimates of $697.10 million. Herman Miller had a return on equity of 25.47% and a net margin of 8.05%. The business's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.75 earnings per share. View Herman Miller's Earnings History.

Herman Miller is scheduled to release their next quarterly earnings announcement on Wednesday, March 18th 2020. View Earnings Estimates for Herman Miller.

Herman Miller updated its third quarter earnings guidance on Wednesday, December, 18th. The company provided earnings per share (EPS) guidance of $0.68-$0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.75. The company issued revenue guidance of $672-$692 million, compared to the consensus revenue estimate of $674.70 million.

2 equities research analysts have issued 12-month target prices for Herman Miller's shares. Their forecasts range from $43.00 to $48.00. On average, they expect Herman Miller's stock price to reach $45.50 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Herman Miller.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herman Miller in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Herman Miller.

News coverage about MLHR stock has been trending very positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Herman Miller earned a daily sentiment score of 3.9 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Herman Miller.

Some companies that are related to Herman Miller include Avery Dennison (AVY), MSA Safety (MSA), Steelcase (SCS), HNI (HNI), Knoll (KNL), Interface (TILE), ACCO Brands (ACCO), Kimball International (KBAL), Pitney Bowes (PBI), CompX International (CIX), NL Industries (NL) and ARC Document Solutions (ARC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Herman Miller investors own include Energy Transfer LP Unit (ET), Medallion Financial (MFIN), Kohl's (KSS), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Ford Motor (F) and IBM (IBM).

Herman Miller's stock is owned by a number of of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.42%), Assenagon Asset Management S.A. (0.10%), Balasa Dinverno & Foltz LLC (0.04%), Bowling Portfolio Management LLC (0.04%), Zeke Capital Advisors LLC (0.03%) and Campbell & CO Investment Adviser LLC (0.02%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, Bruce Benedict Watson, Douglas D French, Gregory J Bylsma, Hezron T Lopez, J Barry Griswell, Jeffrey L Kurburski, Jeremy J Hocking, Kevin J Veltman and Stephen C Gane. View Institutional Ownership Trends for Herman Miller.

MLHR stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Bowling Portfolio Management LLC, Campbell & CO Investment Adviser LLC, Balasa Dinverno & Foltz LLC, OLD National Bancorp IN, State of Alaska Department of Revenue and First Midwest Bank Trust Division. Company insiders that have sold Herman Miller company stock in the last year include Bruce Benedict Watson, Gregory J Bylsma and Jeffrey L Kurburski. View Insider Buying and Selling for Herman Miller.

MLHR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Zeke Capital Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MLHR stock can currently be purchased for approximately $41.08.

Herman Miller has a market capitalization of $2.43 billion and generates $2.57 billion in revenue each year. The business services provider earns $160.50 million in net income (profit) each year or $2.97 on an earnings per share basis. Herman Miller employs 8,000 workers across the globe.View Additional Information About Herman Miller.

The official website for Herman Miller is http://www.hermanmiller.com/.

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]