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 Date12/18/2019 (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 declared a quarterly dividend on Wednesday, June 26th. Stockholders of record on Saturday, August 31st will be paid a dividend of $0.21 per share on Tuesday, October 15th. This represents a $0.84 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase 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, September, 18th. The business services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. The business services provider earned $670.90 million during the quarter, compared to analyst estimates of $661.80 million. Herman Miller had a return on equity of 25.80% and a net margin of 6.62%. The company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the company posted $0.69 EPS. 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 issued an update on its second quarter earnings guidance on Wednesday, September, 18th. The company provided earnings per share (EPS) guidance of $0.85-0.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.85. The company issued revenue guidance of $685-705 million, compared to the consensus revenue estimate of $684.83 million.
What price target have analysts set for MLHR?
2 brokers have issued 12-month target prices for Herman Miller's shares. Their predictions range from $45.00 to $48.00. On average, they expect Herman Miller's share price to reach $46.50 in the next year. This suggests a possible upside of 1.9% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Herman Miller.
Has Herman Miller been receiving favorable news coverage?
Press coverage about MLHR stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing 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 daily sentiment score of -3.2 on InfoTrie's scale. They also gave press 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 company'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 September. As of September 30th, there was short interest totalling 1,600,000 shares, an increase of 20.3% from the August 30th total of 1,330,000 shares. Based on an average daily trading volume, of 454,400 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.7% 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 INTERTEK GRP PL/ADR (IKTSY), Bureau Veritas (BVRDF), The Western Union (WU), Booz Allen Hamilton (BAH), ADECCO GRP AG/ADR (AHEXY), Publicis Groupe (PUBGY), FactSet Research Systems (FDS), Black Knight (BKI), RANDSTAD HLDG N/ADR (RANJY), WEX (WEX), Worldline (WWLNF), SMITHS GRP PLC/S (SMGZY), Interpublic Group of Companies (IPG), DCC (DCCPF) and Nielsen (NLSN).
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 number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.18%), Bowling Portfolio Management LLC (0.05%), Envestnet Asset Management Inc. (0.04%), Meeder Asset Management Inc. (0.04%), Pacer Advisors Inc. (0.04%) and Campbell & CO Investment Adviser LLC (0.04%). 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 and Stephen C Gane. View Institutional Ownership Trends for Herman Miller.
Which institutional investors are selling Herman Miller stock?
MLHR stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Bowling Portfolio Management LLC, First Hawaiian Bank, Alpha Windward LLC, Pacer Advisors Inc. and Delphi Management Inc. MA. 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 institutional investors are buying Herman Miller stock?
MLHR stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Campbell & CO Investment Adviser LLC, State of Alaska Department of Revenue and Envestnet Asset Management 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, Robinhood, Fidelity and Charles Schwab.
What is Herman Miller's stock price today?
One share of MLHR stock can currently be purchased for approximately $45.63.
How big of a company is Herman Miller?
Herman Miller has a market capitalization of $2.69 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.
