Herman Miller Stock Forecast, Price & News

Herman Miller (NASDAQ:MLHR) Frequently Asked Questions

Is Herman Miller a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herman Miller in the last year. There are currently 3 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.

When is Herman Miller's next earnings date?

Herman Miller is scheduled to release its next quarterly earnings announcement on Wednesday, December 15th 2021.
View our earnings forecast for Herman Miller.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its quarterly earnings results on Tuesday, September, 28th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.01. The business services provider earned $789.70 million during the quarter, compared to analyst estimates of $648.20 million. Herman Miller had a net margin of 1.47% and a trailing twelve-month return on equity of 15.85%. The business's revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.24 EPS.
View Herman Miller's earnings history.

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

Herman Miller announced a quarterly dividend on Thursday, July 22nd. Stockholders of record on Saturday, August 28th will be paid a dividend of $0.1875 per share on Friday, October 15th. This represents a $0.75 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, August 26th.
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 1.93%. The dividend payout ratio of Herman Miller is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%.
View Herman Miller's dividend history.

What guidance has Herman Miller issued on next quarter's earnings?

Herman Miller updated its second quarter 2022 earnings guidance on Wednesday, October, 27th. The company provided earnings per share guidance of $0.550-$0.610 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.570. The company issued revenue guidance of $1.03 billion-$1.07 billion, compared to the consensus revenue estimate of $748.32 million.

What price target have analysts set for MLHR?

3 brokers have issued 1-year price targets for Herman Miller's shares. Their forecasts range from $55.00 to $62.00. On average, they anticipate Herman Miller's share price to reach $59.00 in the next twelve months.
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:

• Andrea R. Owen, President, Chief Executive Officer & Director
• Richard Scott, Chief Manufacturing & Operations Officer (LinkedIn Profile)
• Jeffrey M. Stutz, Chief Financial Officer & Executive Vice President
• Jeffrey L. Kurburski, Chief Technology Officer (LinkedIn Profile)
• Benedict Bruce Watson, Chief Creative Officer

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

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

Who are some of Herman Miller's key competitors?

Some companies that are related to Herman Miller include Avery Dennison (AVY), MSA Safety (MSA), HNI (HNI), Steelcase (SCS), Pitney Bowes (PBI), Interface (TILE), ACCO Brands (ACCO), Kimball International (KBAL), NL Industries (NL), CompX International (CIX) and ARC Document Solutions (ARC).
View all of MLHR's 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (10.91%), Alliancebernstein L.P. (6.90%), Dimensional Fund Advisors LP (2.74%), Fuller & Thaler Asset Management Inc. (2.62%), Scharf Investments LLC (2.73%) and Eaton Vance Management (1.82%). Company insiders that own Herman Miller stock include Bruce Benedict Watson, Jeffrey L Kurburski, Jeffrey L Kurburski, John J Mcphee, Michael A Volkema and Richard Scott.
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 Two Sigma Advisers LP, Millennium Management LLC, Fuller & Thaler Asset Management Inc., Morgan Stanley, Strs Ohio, Cubist Systematic Strategies LLC, Allianz Asset Management GmbH, and Wolverine Trading LLC. Company insiders that have sold Herman Miller company stock in the last year include Bruce Benedict Watson, Jeffrey L Kurburski, and Richard Scott.
View insider buying and selling activity for Herman Miller or view top insider-selling stocks.

Which major investors are buying Herman Miller stock?

MLHR stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, Eaton Vance Management, Goldman Sachs Group Inc., Franklin Resources Inc., Scharf Investments LLC, and Nordea Investment Management AB.
View insider buying and selling activity for Herman Miller or or view top insider-buying stocks.

How much money does Herman Miller make?

Herman Miller has a market capitalization of $0.00 and generates $2.47 billion in revenue each year. The business services provider earns $173.10 million in net income (profit) each year or $3.33 on an earnings per share basis.

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 www.hermanmiller.com.

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, via email at [email protected], or via fax at 616-654-3632.