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 in the United States and internationally. The company provides modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, and Resolve names; seating products under the Embody, Aeron, Mirra2, Setu, Say, Verus, Celle, Equa, Taper, and Ergon names; and storage products under the Meridian and Tu names.
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Industry, Sector and Symbol
Industry Office furniture
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
Phone616-654-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.57 billion
Profitability
Miscellaneous
Employees8,000
Next Earnings Date3/18/2020 (Estimated)
OptionableOptionable
Herman Miller (NASDAQ:MLHR) Frequently Asked Questions
What is Herman Miller's stock symbol?
Herman Miller trades on the NASDAQ under the ticker symbol "MLHR."
How often does Herman Miller pay dividends? What is the dividend yield for Herman Miller?
Herman Miller announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Saturday, February 29th will be given a dividend of $0.21 per share on Wednesday, April 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Thursday, February 27th. View Herman Miller's Dividend History.
How were Herman Miller's earnings last quarter?
Herman Miller, Inc. (NASDAQ:MLHR) posted its quarterly earnings results on Wednesday, December, 18th. The business services provider reported $0.88 earnings per share (EPS) 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 analysts' expectations of $697.10 million. Herman Miller had a return on equity of 25.47% and a net margin of 8.05%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share. View Herman Miller's Earnings History.
When is Herman Miller's next earnings date?
What guidance has Herman Miller issued on next quarter's earnings?
Herman Miller updated its third quarter earnings guidance on Wednesday, December, 18th. The company provided earnings per share guidance of $0.68-$0.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $672-$692 million, compared to the consensus revenue estimate of $674.70 million.
What price target have analysts set for MLHR?
2 Wall Street analysts have issued 1 year price objectives for Herman Miller's shares. Their forecasts range from $47.00 to $48.00. On average, they anticipate Herman Miller's share price to reach $47.50 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Herman Miller.
What is the consensus analysts' recommendation for Herman Miller?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herman Miller in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Herman Miller.
Has Herman Miller been receiving favorable news coverage?
News articles about MLHR stock have trended very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Herman Miller earned a daily sentiment score of 3.5 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View News Stories for Herman Miller.
Are investors shorting Herman Miller?
Herman Miller saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,310,000 shares, a decrease of 29.6% from the January 15th total of 1,860,000 shares. Based on an average trading volume of 512,800 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.2% of the company's stock are short sold. View Herman Miller's Current Options Chain.
Who are some of Herman Miller's key competitors?
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).
What other stocks do shareholders of Herman Miller own?
Who are Herman Miller's key executives?
Herman Miller's management team includes the folowing people:
- Mr. Jeffrey M. Stutz, Exec. VP & CFO (Age 48)
- Mr. B. Ben Watson, Chief Creative Officer (Age 54)
- Mr. Gregory J. Bylsma, Pres of North America Contract (Age 54)
- Ms. Andrea Owen, Pres, CEO & Director (Age 54)
- Mr. Jeffrey L. Kurburski, Chief Information Officer (Age 53)
Who are Herman Miller's major shareholders?
Herman Miller's stock is owned by a variety of of retail and institutional investors. Top institutional investors include LSV Asset Management (4.64%), AQR Capital Management LLC (4.35%), State Street Corp (3.14%), Acadian Asset Management LLC (1.65%), Bank of New York Mellon Corp (1.37%) and Goldman Sachs Group Inc. (1.04%). 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, John J Mcphee and Kevin J Veltman. View Institutional Ownership Trends for Herman Miller.
Which major investors are selling Herman Miller stock?
MLHR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Prudential Financial Inc., Victory Capital Management Inc., Victory Capital Management Inc., Ceredex Value Advisors LLC, Bank of New York Mellon Corp, Clark Capital Management Group Inc. and Boston Trust Walden Corp. Company insiders that have sold Herman Miller company stock in the last year include Bruce Benedict Watson, Gregory J Bylsma, Jeffrey L Kurburski and John J Mcphee. View Insider Buying and Selling for Herman Miller.
Which major investors are buying Herman Miller stock?
MLHR stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Acadian Asset Management LLC, William Blair Investment Management LLC, SG Capital Management LLC, Goldman Sachs Group Inc., Man Group plc, Panagora Asset Management Inc. and Skandinaviska Enskilda Banken AB publ . View Insider Buying and Selling for Herman Miller.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Herman Miller's stock price today?
One share of MLHR stock can currently be purchased for approximately $39.98.
How big of a company is Herman Miller?
Herman Miller has a market capitalization of $2.36 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.
What is Herman Miller's official website?
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]
MarketBeat Community Rating for Herman Miller (NASDAQ MLHR)
MarketBeat's community ratings are surveys of what our community members think about Herman Miller and other stocks. Vote "Outperform" if you believe MLHR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLHR will underperform the S&P 500 over the long term. You may vote once every thirty days.
