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

Sign in or create an account to add this stock to your watchlist.
$38.75 +0.35 (+0.91 %)
(As of 07/16/2018 06:00 AM ET)
Previous Close$38.75
Today's Range$38.25 - $39.05
52-Week Range$29.95 - $41.85
Volume531,669 shs
Average Volume556,531 shs
Market Capitalization$2.31 billion
P/E Ratio16.85
Dividend Yield1.86%
Beta1.4
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.

Receive MLHR News and Ratings via Email

Sign-up to receive the latest news and ratings for MLHR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.41
Current Ratio1.56
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio16.85
Forward P/E Ratio14.35
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.38 billion
Price / Sales0.97
Cash Flow$2.7918 per share
Price / Cash13.88
Book Value$11.15 per share
Price / Book3.48

Profitability

EPS (Most Recent Fiscal Year)$2.30
Net Income$128.10 million
Net Margins5.38%
Return on Equity21.71%
Return on Assets9.95%

Miscellaneous

Employees7,478
Outstanding Shares59,620,000
Market Cap$2,310.43

The Truth About Cryptocurrencies

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 Monday, July 2nd. Stockholders of record on Saturday, September 1st will be given a dividend of $0.198 per share on Monday, October 15th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Thursday, August 30th. This is a positive change from Herman Miller's previous quarterly dividend of $0.18. View Herman Miller's Dividend History.

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) released its quarterly earnings data on Monday, July, 2nd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.08. The business services provider had revenue of $618 million for the quarter, compared to analysts' expectations of $601.10 million. Herman Miller had a return on equity of 21.71% and a net margin of 5.38%. Herman Miller's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 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, September, 19th 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 first quarter earnings guidance on Monday, July, 2nd. The company provided earnings per share guidance of $0.63-0.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.65. The company issued revenue guidance of $610-630 million, compared to the consensus revenue estimate of $612.60 million.

What price target have analysts set for MLHR?

1 brokerages have issued twelve-month target prices for Herman Miller's stock. Their forecasts range from $43.00 to $43.00. On average, they anticipate Herman Miller's share price to reach $43.00 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Ratings for Herman Miller.

What is the consensus analysts' recommendation for Herman Miller?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herman Miller in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

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?

Media headlines about MLHR stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing 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 0.12 on Accern's scale. They also gave headlines about the business services provider an impact score of 46.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 NN Investment Partners Holdings N.V. (0.11%) and First Citizens Bank & Trust Co. (0.01%). 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 institutional investors are buying Herman Miller stock?

MLHR stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V. and First Citizens Bank & Trust Co.. 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 $38.75.

How big of a company is Herman Miller?

Herman Miller has a market capitalization of $2.31 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 7,478 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 (NASDAQ MLHR)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  315
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 7/16/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.