NASDAQ:MLHR - Herman Miller Stock Price, Price Target & More

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$36.20 +0.55 (+1.54 %)
(As of 06/19/2018 04:20 AM ET)
Previous Close$35.65
Today's Range$35.37 - $36.40
52-Week Range$29.25 - $41.85
Volume385,000 shs
Average Volume378,537 shs
Market Capitalization$2.13 billion
P/E Ratio16.74
Dividend Yield2.06%
Beta1.41
Herman Miller logoHerman 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

Industry Office furniture
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
SymbolNASDAQ:MLHR
CUSIP60054410
Phone616-654-3000

Debt

Debt-to-Equity Ratio0.42
Current Ratio1.59
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio16.74
Forward P/E Ratio16.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.28 billion
Price / Sales0.95
Cash Flow$3.2121 per share
Price / Cash11.27
Book Value$9.81 per share
Price / Book3.69

Profitability

EPS (Most Recent Fiscal Year)$2.16
Net Income$123.90 million
Net Margins5.55%
Return on Equity22.26%
Return on Assets10.21%

Miscellaneous

Employees7,478
Outstanding Shares59,620,000

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 Tuesday, April 24th. Stockholders of record on Saturday, June 2nd will be paid a dividend of $0.18 per share on Sunday, July 15th. This represents a $0.72 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Thursday, May 31st. View Herman Miller's Dividend History.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its earnings results on Wednesday, March, 21st. The business services provider reported $0.50 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.01. The business services provider had revenue of $578.40 million for the quarter, compared to analyst estimates of $573.30 million. Herman Miller had a net margin of 5.55% and a return on equity of 22.26%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.39 EPS. 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 Tuesday, July, 3rd 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 fourth quarter earnings guidance on Wednesday, March, 21st. The company provided EPS guidance of $0.56-0.60 for the period, compared to the Thomson Reuters consensus estimate of $0.73. The company issued revenue guidance of $590-610 million, compared to the consensus revenue estimate of $612.80 million.

What price target have analysts set for MLHR?

2 equities research analysts have issued twelve-month target prices for Herman Miller's shares. Their predictions range from $38.00 to $43.00. On average, they anticipate Herman Miller's stock price to reach $40.50 in the next year. View Analyst Ratings for Herman Miller.

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. Michael A. Volkema, Exec. Chairman (Age 62)
  • Mr. Brian C. Walker, Pres, CEO & Director (Age 56)
  • Mr. Jeffrey M. Stutz, Exec. VP, CFO & Principal Accounting Officer (Age 47)
  • Mr. B. Ben Watson, Chief Creative Officer (Age 53)
  • Mr. Andrew J. Lock, Pres of Herman Miller International (Age 64)

Has Herman Miller been receiving favorable news coverage?

News articles about MLHR stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Herman Miller earned a media sentiment score of 0.15 on Accern's scale. They also gave media headlines about the business services provider an impact score of 46.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Herman Miller's major shareholders?

Herman Miller's stock is owned by a variety of of institutional and retail investors. Top institutional investors include LSV Asset Management (4.23%), Gardner Russo & Gardner LLC (0.33%), Ancora Advisors LLC (0.28%), American International Group Inc. (0.26%), California Public Employees Retirement System (0.26%) and Rhumbline Advisers (0.22%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, Bruce Benedict Watson, David O Ulrich, Donald D Goeman, Dorothy A Terrell, Douglas D French, Gregory J Bylsma, Hezron T Lopez, 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 BNP Paribas Arbitrage SA, Rhumbline Advisers, Gardner Russo & Gardner LLC, American International Group Inc., Aperio Group LLC, FDx Advisors Inc., MetLife Investment Advisors LLC and California State Teachers Retirement System. Company insiders that have sold Herman Miller company stock in the last year include Andrew J Lock, Brian C Walker, David O Ulrich, Douglas D French, Gregory J Bylsma, Hezron T Lopez, Jeremy J Hocking, Kevin J Veltman, Michael F Ramirez and Stephen C Gane. 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 LSV Asset Management, Ancora Advisors LLC, Systematic Financial Management LP, Well Done LLC, Xact Kapitalforvaltning AB, Neuberger Berman Group LLC, California Public Employees Retirement System and Quantbot Technologies LP. 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 $36.20.

How big of a company is Herman Miller?

Herman Miller has a market capitalization of $2.13 billion and generates $2.28 billion in revenue each year. The business services provider earns $123.90 million in net income (profit) each year or $2.16 on an earnings per share basis. Herman Miller employs 7,478 workers across the globe.

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 (MLHR)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  285
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 6/19/2018 by MarketBeat.com Staff

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