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

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$33.32 -0.01 (-0.03 %)
(As of 11/14/2018 08:18 AM ET)
Previous Close$33.33
Today's Range$33.28 - $33.9650
52-Week Range$29.95 - $41.85
Volume323,305 shs
Average Volume321,506 shs
Market Capitalization$1.98 billion
P/E Ratio14.49
Dividend Yield2.37%
Beta1.44
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. It also offers wood casegoods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; and healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names, as well as provides Thrive portfolio of ergonomic solutions and textiles, and data analytics solutions. In addition, the company provides products for residential settings under the Eames, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere tables, 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 institutional environments, including offices and related conference, lobby, and lounge areas, as well as general public areas, such as transportation terminals; health/science environments comprising 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Office furniture
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
Current SymbolNASDAQ:MLHR
Previous Symbol
CUSIP60054410
Phone616-654-3000

Debt

Debt-to-Equity Ratio0.42
Current Ratio1.42
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio14.49
Forward P/E Ratio12.34
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.38 billion
Price / Sales0.83
Cash Flow$3.4493 per share
Price / Cash9.66
Book Value$11.15 per share
Price / Book2.99

Profitability

EPS (Most Recent Fiscal Year)$2.30
Net Income$128.10 million
Net Margins5.40%
Return on Equity22.22%
Return on Assets10.18%

Miscellaneous

Employees7,681
Outstanding Shares59,340,000
Market Cap$1.98 billion
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, October 17th. Stockholders of record on Saturday, December 1st will be given a dividend of $0.1975 per share on Tuesday, January 15th. This represents a $0.79 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, November 29th. View Herman Miller's Dividend History.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its quarterly earnings data on Wednesday, September, 19th. The business services provider reported $0.69 EPS for the quarter, topping the Zacks' consensus estimate of $0.65 by $0.04. The business services provider had revenue of $624.60 million for the quarter, compared to the consensus estimate of $620.73 million. Herman Miller had a return on equity of 22.22% and a net margin of 5.40%. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 earnings per share. View Herman Miller's Earnings History.

When is Herman Miller's next earnings date?

Herman Miller is scheduled to release their next quarterly earnings announcement on Wednesday, December 19th 2018. View Earnings Estimates for Herman Miller.

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

Herman Miller issued an update on its second quarter earnings guidance on Wednesday, September, 19th. The company provided EPS guidance of $0.70-0.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72. The company issued revenue guidance of $635-655 million, compared to the consensus revenue estimate of $638.37 million.

What price target have analysts set for MLHR?

1 analysts have issued 12 month target prices for Herman Miller's stock. Their predictions range from $43.00 to $43.00. On average, they anticipate Herman Miller's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for Herman Miller.

What is the consensus analysts' recommendation for Herman Miller?

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

Media stories about MLHR stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Herman Miller earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the next few days.

Who are some of Herman Miller's key competitors?

Who are Herman Miller's key executives?

Herman Miller's management team includes the folowing people:
  • Mr. Jeffrey M. Stutz, Exec. VP & CFO (Age 47)
  • Mr. B. Ben Watson, Chief Creative Officer (Age 53)
  • Mr. Gregory J. Bylsma, Pres of North America Contract (Age 53)
  • Ms. Andrea Owen, Pres, CEO & Director (Age 53)
  • Mr. Jeffrey L. Kurburski, Chief Information Officer (Age 52)

Who are Herman Miller's major shareholders?

Herman Miller's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.89%), LSV Asset Management (4.71%), JPMorgan Chase & Co. (4.18%), Dimensional Fund Advisors LP (3.05%), Fuller & Thaler Asset Management Inc. (2.82%) and Ceredex Value Advisors LLC (2.47%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, Bruce Benedict Watson, David O Ulrich, Donald D Goeman, Douglas D French, Gregory J Bylsma, Hezron T Lopez, J Barry Griswell, Jeremy J Hocking, Kevin J Veltman, Michael F Ramirez and Stephen C Gane. 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 Royce & Associates LP, Wells Fargo & Company MN, Prudential Financial Inc., Massachusetts Financial Services Co. MA, Speece Thorson Capital Group Inc., Hsbc Holdings PLC, Ceredex Value Advisors LLC and Alambic Investment Management L.P.. Company insiders that have sold Herman Miller company stock in the last year include Andrew J Lock, Brian C Walker, Douglas D French, Gregory J Bylsma, Hezron T Lopez, Jeremy J Hocking, Kevin J Veltman and Stephen C Gane. View Insider Buying and Selling for Herman Miller.

Which major investors are buying Herman Miller stock?

MLHR stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Foundry Partners LLC, Systematic Financial Management LP, BlackRock Inc., JPMorgan Chase & Co., LSV Asset Management, GSA Capital Partners LLP and Van Berkom & Associates Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Herman Miller's stock price today?

One share of MLHR stock can currently be purchased for approximately $33.32.

How big of a company is Herman Miller?

Herman Miller has a market capitalization of $1.98 billion and generates $2.38 billion in revenue each year. The business services provider earns $128.10 million in net income (profit) each year or $2.30 on an earnings per share basis. Herman Miller employs 7,681 workers across the globe.

What is Herman Miller's official website?

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

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  368
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.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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