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.
Read More…
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 Date9/18/2019 (Confirmed)
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 declared a quarterly dividend on Wednesday, June 26th. Investors of record on Saturday, August 31st will be given a dividend of $0.21 per share on Tuesday, October 15th. This represents a $0.84 annualized dividend and a yield of 1.89%. The ex-dividend date is Thursday, August 29th. This is a boost from Herman Miller's previous quarterly dividend of $0.20. View Herman Miller's Dividend History.
How were Herman Miller's earnings last quarter?
Herman Miller, Inc. (NASDAQ:MLHR) issued its earnings results on Wednesday, June, 26th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.10. The business services provider earned $671 million during the quarter, compared to analysts' expectations of $657.23 million. Herman Miller had a return on equity of 25.20% and a net margin of 6.25%. The firm's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 earnings per share. View Herman Miller's Earnings History.
When is Herman Miller's next earnings date?
How can I listen to Herman Miller's earnings call?
Herman Miller will be holding an earnings conference call on Wednesday, September 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Herman Miller issued on next quarter's earnings?
Herman Miller updated its first quarter earnings guidance on Wednesday, June, 26th. The company provided EPS guidance of $0.77-$0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $650-$670 million, compared to the consensus revenue estimate of $651.55 million.
What price target have analysts set for MLHR?
2 analysts have issued 1-year price objectives for Herman Miller's shares. Their forecasts range from $48.00 to $48.00. On average, they expect Herman Miller's share price to reach $48.00 in the next twelve months. This suggests a possible upside of 7.8% 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 coverage about MLHR stock has been trending negative on Tuesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Herman Miller earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Herman Miller.
Are investors shorting Herman Miller?
Herman Miller saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,268,100 shares, an increase of 8.4% from the July 31st total of 1,169,700 shares. Based on an average trading volume of 411,200 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.2% of the shares of the 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 Rentokil Initial (RTOKY), Booz Allen Hamilton (BAH), The Western Union (WU), ADECCO GRP AG/ADR (AHEXY), RANDSTAD HLDG N/ADR (RANJY), Black Knight (BKI), WEX (WEX), Worldline (WWLNF), SMITHS GRP PLC/S (SMGZY), Interpublic Group of Companies (IPG), DCC (DCCPF), Nielsen (NLSN), Genpact (G), Elastic (ESTC) and Alliance Data Systems (ADS).
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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.63%), BlackRock Inc. (11.63%), Vanguard Group Inc. (9.52%), LSV Asset Management (4.68%), Van Berkom & Associates Inc. (2.53%) and AQR Capital Management LLC (2.11%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, Bruce Benedict Watson, David O Ulrich, Douglas D French, Gregory J Bylsma, Hezron T Lopez, J Barry Griswell, Jeffrey L Kurburski, 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 JPMorgan Chase & Co., Van Berkom & Associates Inc., BlackRock Inc., BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Russell Investments Group Ltd. and Renaissance Technologies LLC. Company insiders that have sold Herman Miller company stock in the last year include Bruce Benedict Watson, Douglas D French, Gregory J Bylsma and Jeffrey L Kurburski. View Insider Buying and Selling for Herman Miller.
Which major investors are buying Herman Miller stock?
MLHR stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Nuveen Asset Management LLC, AQR Capital Management LLC, Man Group plc, Marshall Wace LLP, Allianz Asset Management GmbH, Intrinsic Edge Capital Management LLC and Barrow Hanley Mewhinney & Strauss LLC. 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 $44.53.
How big of a company is Herman Miller?
Herman Miller has a market capitalization of $2.63 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.
