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

Herman Miller trades on the NASDAQ under the ticker symbol "MLHR."

Herman Miller announced a dividend on Tuesday, October 15th. Stockholders of record on Sunday, December 1st will be given a dividend of $0.21 per share on Wednesday, January 15th. The ex-dividend date is Wednesday, November 27th. View Herman Miller's Dividend History.

Herman Miller, Inc. (NASDAQ:MLHR) posted its quarterly earnings data on Wednesday, December, 18th. The business services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.01. The business services provider earned $674.20 million during the quarter, compared to the consensus estimate of $697.10 million. Herman Miller had a return on equity of 25.47% and a net margin of 8.05%. The firm's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 earnings per share. View Herman Miller's Earnings History.

Herman Miller is scheduled to release their next quarterly earnings announcement on Wednesday, March 18th 2020. View Earnings Estimates for Herman Miller.

Herman Miller updated its third quarter earnings guidance on Wednesday, December, 18th. The company provided earnings per share (EPS) guidance of $0.68-$0.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $672-$692 million, compared to the consensus revenue estimate of $674.70 million.

2 brokers have issued 12-month price targets for Herman Miller's stock. Their forecasts range from $43.00 to $48.00. On average, they anticipate Herman Miller's stock price to reach $45.50 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets 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.

Media headlines about MLHR stock have trended neutral on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative 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 -5 to 5, with scores closest to five being the most favorable. Herman Miller earned a news sentiment score of 0.5 on InfoTrie's scale. They also gave news coverage 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 near term. View News Stories for Herman Miller.

Some companies that are related to Herman Miller include Avery Dennison (AVY), MSA Safety (MSA), Steelcase (SCS), HNI (HNI), Knoll (KNL), Interface (TILE), ACCO Brands (ACCO), Kimball International (KBAL), Pitney Bowes (PBI), CompX International (CIX), NL Industries (NL) and ARC Document Solutions (ARC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Herman Miller investors own include Energy Transfer LP Unit (ET), Medallion Financial (MFIN), Kohl's (KSS), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Ford Motor (F) and IBM (IBM).

Herman Miller's stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.42%), Assenagon Asset Management S.A. (0.10%), Balasa Dinverno & Foltz LLC (0.04%), Bowling Portfolio Management LLC (0.04%), Zeke Capital Advisors LLC (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Herman Miller stock include Andrew J Lock, Brian C Walker, Bruce Benedict Watson, 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.

MLHR stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Bowling Portfolio Management LLC, Balasa Dinverno & Foltz LLC, OLD National Bancorp IN and State of Alaska Department of Revenue. Company insiders that have sold Herman Miller company stock in the last year include Bruce Benedict Watson, Gregory J Bylsma and Jeffrey L Kurburski. View Insider Buying and Selling for Herman Miller.

MLHR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Zeke Capital Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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.

One share of MLHR stock can currently be purchased for approximately $40.99.

Herman Miller has a market capitalization of $2.42 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.

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

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]