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

$37.88
-0.11 (-0.29 %)
(As of 06/20/2019 03:37 AM ET)
Today's Range
$37.68
Now: $37.88
$38.00
50-Day Range
$35.49
MA: $37.79
$39.54
52-Week Range
$28.66
Now: $37.88
$40.65
Volume310,500 shs
Average Volume317,085 shs
Market Capitalization$2.23 billion
P/E Ratio16.47
Dividend Yield2.08%
Beta1.49
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
Current SymbolNASDAQ:MLHR
CUSIP60054410
Phone616-654-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$3.4250 per share
Book Value$11.15 per share

Profitability

Net Income$128.10 million

Miscellaneous

Employees7,681
Market Cap$2.23 billion
Next Earnings Date6/26/2019 (Confirmed)
OptionableOptionable

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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, April 24th. Shareholders of record on Saturday, June 1st will be paid a dividend of $0.1975 per share on Monday, July 15th. This represents a $0.79 annualized dividend and a yield of 2.09%. The ex-dividend date is Thursday, May 30th. View Herman Miller's Dividend History.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its quarterly earnings results on Wednesday, September, 19th. The business services provider reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.04. The business services provider had revenue of $624.60 million for the quarter, compared to analysts' expectations of $620.73 million. Herman Miller had a return on equity of 23.88% and a net margin of 5.81%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business earned $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, June 26th 2019. View Earnings Estimates for Herman Miller.

How can I listen to Herman Miller's earnings call?

Herman Miller will be holding an earnings conference call on Thursday, June 27th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for MLHR?

2 brokers have issued 12-month price targets for Herman Miller's shares. Their predictions range from $40.00 to $40.00. On average, they expect Herman Miller's share price to reach $40.00 in the next year. This suggests a possible upside of 5.6% 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?

Headlines about MLHR stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Herman Miller earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Herman Miller.

Are investors shorting Herman Miller?

Herman Miller saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,145,600 shares, a decrease of 12.8% from the April 15th total of 1,313,300 shares. Based on an average daily volume of 317,400 shares, the short-interest ratio is presently 3.6 days. Currently, 2.0% of the company's shares are sold short. View Herman Miller's Current Options Chain.

Who are some of Herman Miller's key competitors?

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 many different of institutional and retail investors. Top institutional investors include LSV Asset Management (4.75%), JPMorgan Chase & Co. (2.32%), Ceredex Value Advisors LLC (2.21%), Royce & Associates LP (0.81%), Assenagon Asset Management S.A. (0.80%) and Victory Capital Management Inc. (0.68%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, 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., Royce & Associates LP, AJO LP, Ceredex Value Advisors LLC, Systematic Financial Management LP, Cambiar Investors LLC, Spark Investment Management LLC and Shelton Capital Management. 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, Jeffrey L Kurburski, Jeremy J Hocking and Kevin J Veltman. 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 Victory Capital Management Inc., Assenagon Asset Management S.A., IndexIQ Advisors LLC, Clark Capital Management Group Inc., GAM Holding AG, AlphaCrest Capital Management LLC, Huntington National Bank and First Quadrant L P CA. 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 $37.88.

How big of a company is Herman Miller?

Herman Miller has a market capitalization of $2.23 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.View Additional Information About Herman Miller.

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:  185 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  437
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 6/20/2019 by MarketBeat.com Staff

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