Should I buy or sell MillerKnoll stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MillerKnoll in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MLKN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLKN, but not buy additional shares or sell existing shares. View MLKN analyst ratings or view top-rated stocks .

What is MillerKnoll's stock price target for 2024?

1 brokerages have issued twelve-month target prices for MillerKnoll's stock. Their MLKN share price targets range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next year. This suggests that the stock has a possible downside of 8.4%. View analysts price targets for MLKN or view top-rated stocks among Wall Street analysts .

How have MLKN shares performed in 2023?

MillerKnoll's stock was trading at $21.01 at the beginning of 2023. Since then, MLKN shares have increased by 29.9% and is now trading at $27.29. View the best growth stocks for 2023 here .

When is MillerKnoll's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 20th 2023. View our MLKN earnings forecast .

How can I listen to MillerKnoll's earnings call?

MillerKnoll will be holding an earnings conference call on Wednesday, December 20th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were MillerKnoll's earnings last quarter?

MillerKnoll, Inc. (NASDAQ:MLKN) posted its earnings results on Tuesday, September, 26th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.16. The business had revenue of $917.70 million for the quarter, compared to the consensus estimate of $895.90 million. MillerKnoll had a trailing twelve-month return on equity of 9.41% and a net margin of 0.84%. MillerKnoll's quarterly revenue was down 14.9% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS.

How often does MillerKnoll pay dividends? What is the dividend yield for MillerKnoll?

MillerKnoll announced a quarterly dividend on Tuesday, October 17th. Stockholders of record on Saturday, December 2nd will be given a dividend of $0.1875 per share on Monday, January 15th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Thursday, November 30th. Read our dividend analysis for MLKN .

Is MillerKnoll a good dividend stock?

MillerKnoll (NASDAQ:MLKN) pays an annual dividend of $0.75 per share and currently has a dividend yield of 2.81%. The dividend payout ratio is 170.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MLKN will have a dividend payout ratio of 28.63% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MLKN .

What ETFs hold MillerKnoll's stock?

ETFs with the largest weight of MillerKnoll (NASDAQ:MLKN) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT) , Invesco Nasdaq Future Gen 200 ETF (QQQS) , Invesco S&P SmallCap 600 Revenue ETF (RWJ) and WisdomTree U.S. SmallCap Dividend Fund (DES) . First Trust Small Cap Core AlphaDEX Fund (FYX) .

What guidance has MillerKnoll issued on next quarter's earnings?

MillerKnoll issued an update on its second quarter 2024 earnings guidance on Tuesday, September, 26th. The company provided EPS guidance of $0.52-$0.58 for the period, compared to the consensus estimate of $0.51. The company issued revenue guidance of $950.00 million-$990.00 million, compared to the consensus revenue estimate of $983.80 million.

Who are MillerKnoll's major shareholders?

MillerKnoll's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Scharf Investments LLC (6.94%), Fuller & Thaler Asset Management Inc. (5.82%), Invesco Ltd. (1.79%), Charles Schwab Investment Management Inc. (1.74%), Bank of New York Mellon Corp (1.63%) and William Blair Investment Management LLC (1.57%). Insiders that own company stock include Andrea Owen, Megan Lyon, Michael A Volkema and Richard Scott . View institutional ownership trends .

How do I buy shares of MillerKnoll?

Shares of MLKN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

MillerKnoll Stock Price, News & Analysis (NASDAQ:MLKN)

$27.29

+0.23 (+0.85%)

(As of 12/6/2023 ET)

Compare

Today's Range: $27.08
▼
$27.73
50-Day Range: $22.61
▼
$27.29
52-Week Range: $13.20
▼
$27.73

Volume: 573,087 shs
Average Volume: 657,370 shs
Market Capitalization: $2.01 billion

P/E Ratio: 62.02
Dividend Yield: 2.75%
Price Target: $25.00

MillerKnoll MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 8.4% Downside
$25.00 Price Target
Short Interest: Healthy
4.98% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 26.57%
From $2.07 to $2.62 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.65 out of 5 stars

Consumer Discretionary Sector

202nd out of 238 stocks

Office Furniture Industry

1st out of 1 stocks

1.0

Analyst's Opinion

Consensus Rating
MillerKnoll has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.00, MillerKnoll has a forecasted downside of 8.4% from its current price of $27.29.
Amount of Analyst Coverage
MillerKnoll has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.98% of the float of MillerKnoll has been sold short.
Short Interest Ratio / Days to Cover
MillerKnoll has a short interest ratio ("days to cover") of 5.2.
Change versus previous month
Short interest in MillerKnoll has recently decreased by 0.28%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
MillerKnoll pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MillerKnoll does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MillerKnoll is 170.45%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, MillerKnoll will have a dividend payout ratio of 28.63% next year. This indicates that MillerKnoll will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MLKN.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for MillerKnoll this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for MLKN on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.
MarketBeat Follows
15 people have added MillerKnoll to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MillerKnoll insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.69% of the stock of MillerKnoll is held by insiders.
Percentage Held by Institutions
88.66% of the stock of MillerKnoll is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for MillerKnoll are expected to grow by 26.57% in the coming year, from $2.07 to $2.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MillerKnoll is 62.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of MillerKnoll is 62.02, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.11.
Price to Earnings Growth Ratio
MillerKnoll has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
MillerKnoll has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About MillerKnoll Stock (NASDAQ:MLKN)

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

MLKN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MLKN Stock News Headlines

December 3, 2023 | americanbankingnews.com

MillerKnoll (NASDAQ:MLKN) Hits New 1-Year High at $26.38

November 26, 2023 | finance.yahoo.com

Don't Race Out To Buy MillerKnoll, Inc. (NASDAQ:MLKN) Just Because It's Going Ex-Dividend

December 7, 2023 | Edge On The Street (Ad)

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November 23, 2023 | finance.yahoo.com

3 Stocks to Watch From the Challenging Furniture Industry

November 21, 2023 | finance.yahoo.com

MillerKnoll Schedules Second Quarter Fiscal 2024 Conference Call and Webcast

November 9, 2023 | finance.yahoo.com

Capital Allocation Trends At MillerKnoll (NASDAQ:MLKN) Aren't Ideal

October 26, 2023 | msn.com

Bull of the Day: MillerKnoll (MLKN)

October 26, 2023 | finance.yahoo.com

MillerKnoll (NASDAQ:MLKN) investors are sitting on a loss of 24% if they invested five years ago

December 7, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

October 19, 2023 | stockhouse.com

MillerKnoll Issues 2023 Better World Report, Detailing Strides to Design a Better World

October 17, 2023 | finance.yahoo.com

What Makes MillerKnoll (MLKN) a Strong Momentum Stock: Buy Now?

October 16, 2023 | finance.yahoo.com

MillerKnoll (MLKN) Is Attractively Priced Despite Fast-paced Momentum

October 16, 2023 | finance.yahoo.com

Should You Hold MillerKnoll (MLKN)?

October 1, 2023 | seekingalpha.com

MillerKnoll: Still Undervalued But It Might Be A Good Time To Book A Profit

September 29, 2023 | finance.yahoo.com

Earnings Estimates Moving Higher for MillerKnoll (MLKN): Time to Buy?

September 29, 2023 | finance.yahoo.com

Are Options Traders Betting on a Big Move in MillerKnoll (MLKN) Stock?

September 28, 2023 | finance.yahoo.com

Should You Buy MillerKnoll (MLKN) After Golden Cross?

September 28, 2023 | finance.yahoo.com

MillerKnoll (MLKN) Shows Fast-paced Momentum But Is Still a Bargain Stock

September 27, 2023 | msn.com

Rebel's Edge - September 27: $MLKN, Coal Stocks, and the Kelce/Swift Surge

September 27, 2023 | msn.com

Why MillerKnoll Stock Skyrocketed on Wednesday

September 27, 2023 | msn.com

Stocks making the biggest moves midday: Costco, Paramount, MillerKnoll, ChargePoint and more

September 27, 2023 | proactiveinvestors.com

MillerKnoll stock soars as furniture maker eases beyond Wall Street forecasts

September 27, 2023 | seekingalpha.com

MillerKnoll rides 18% higher, sees improving organic orders during FQ1

September 27, 2023 | msn.com

MillerKnoll Shares Surge After Beating Estimates as Workers Return to Offices

September 27, 2023 | finance.yahoo.com

MillerKnoll, Inc. (NASDAQ:MLKN) Q1 2024 Earnings Call Transcript

September 27, 2023 | msn.com

Costco share fall following results, while Cardiff Oncology and MillerKnoll shares soar, and more moving stocks

September 27, 2023 | msn.com

Costco, MillerKnoll, Amazon, Micron, and More Stock Market Movers

See More Headlines

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Company Calendar

Ex-Dividend for 10/16 Dividend: 8/31/2023
Last Earnings: 9/26/2023
Dividend Payable: 10/16/2023
Ex-Dividend for 1/15 Dividend: 11/30/2023
Today: 12/06/2023
Next Earnings (Confirmed): 12/20/2023
Dividend Payable: 1/15/2024
Fiscal Year End: 5/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Office furniture
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:MLKN
CUSIP: N/A
CIK: 66382
Web: www.hermanmiller.com
Phone: (616) 654-3000
Fax: 616-654-3632
Employees: 10,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.00
High Stock Price Target: $25.00
Low Stock Price Target: $25.00
Potential Upside/Downside: -8.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.44
Trailing P/E Ratio: 62.02
Forward P/E Ratio: 13.18
P/E Growth: 1.07
Net Income: $42.10 million
Net Margins: 0.84%
Pretax Margin: 0.99%
Return on Equity: 9.41%
Return on Assets: 3.11%

Debt

Debt-to-Equity Ratio: 0.91
Current Ratio: 1.56
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $3.93 billion
Price / Sales: 0.51
Cash Flow: $4.07 per share
Price / Cash Flow: 6.71
Book Value: $18.94 per share
Price / Book: 1.44

Miscellaneous

Outstanding Shares: 73,483,000
Free Float: 71,506,000
Market Cap: $2.01 billion
Optionable: Optionable
Beta: 1.30

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Key Executives

Ms. Andrea R. Owen (Age 58)
President, CEO & Director
Comp: $1.54M
Mr. Jeffrey M. Stutz (Age 52)
Chief Financial Officer
Comp: $649.74k
Ms. Debbie F. Propst (Age 42)
President of Global Retail
Comp: $1.08M
Mr. John P. Michael (Age 61)
President of America Contract
Comp: $637.84k
Mr. Christopher M. Baldwin (Age 50)
Group President
Comp: $1.38M
Mr. Richard Scott (Age 55)
Chief Manufacturing & Operations Officer
Mr. Benjamin P.T. Groom (Age 39)
Chief Technology Officer
Ms. Jacqueline Hourigan Rice (Age 51)
General Counsel & Corporate Secretary
Mr. Timothy C. Straker (Age 57)
Chief Marketing Officer & Communication Officer
Mr. Bruce Benedict Watson (Age 58)
Chief Creative & Product Officer
Comp: $815.61k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MLKN Stock Analysis - Frequently Asked Questions

Should I buy or sell MillerKnoll stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MillerKnoll in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MLKN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLKN, but not buy additional shares or sell existing shares.
View MLKN analyst ratings or view top-rated stocks.
What is MillerKnoll's stock price target for 2024?: 1 brokerages have issued twelve-month target prices for MillerKnoll's stock. Their MLKN share price targets range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next year. This suggests that the stock has a possible downside of 8.4%.
View analysts price targets for MLKN or view top-rated stocks among Wall Street analysts.
How have MLKN shares performed in 2023?: MillerKnoll's stock was trading at $21.01 at the beginning of 2023. Since then, MLKN shares have increased by 29.9% and is now trading at $27.29.
View the best growth stocks for 2023 here.
When is MillerKnoll's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 20th 2023.
View our MLKN earnings forecast.
How can I listen to MillerKnoll's earnings call?: MillerKnoll will be holding an earnings conference call on Wednesday, December 20th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were MillerKnoll's earnings last quarter?: MillerKnoll, Inc. (NASDAQ:MLKN) posted its earnings results on Tuesday, September, 26th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.16. The business had revenue of $917.70 million for the quarter, compared to the consensus estimate of $895.90 million. MillerKnoll had a trailing twelve-month return on equity of 9.41% and a net margin of 0.84%. MillerKnoll's quarterly revenue was down 14.9% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS.

How often does MillerKnoll pay dividends? What is the dividend yield for MillerKnoll?: MillerKnoll announced a quarterly dividend on Tuesday, October 17th. Stockholders of record on Saturday, December 2nd will be given a dividend of $0.1875 per share on Monday, January 15th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for MLKN.
Is MillerKnoll a good dividend stock?: MillerKnoll (NASDAQ:MLKN) pays an annual dividend of $0.75 per share and currently has a dividend yield of 2.81%. The dividend payout ratio is 170.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MLKN will have a dividend payout ratio of 28.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MLKN.
What ETFs hold MillerKnoll's stock?: ETFs with the largest weight of MillerKnoll (NASDAQ:MLKN) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco Nasdaq Future Gen 200 ETF (QQQS), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and WisdomTree U.S. SmallCap Dividend Fund (DES).First Trust Small Cap Core AlphaDEX Fund (FYX).
What guidance has MillerKnoll issued on next quarter's earnings?: MillerKnoll issued an update on its second quarter 2024 earnings guidance on Tuesday, September, 26th. The company provided EPS guidance of $0.52-$0.58 for the period, compared to the consensus estimate of $0.51. The company issued revenue guidance of $950.00 million-$990.00 million, compared to the consensus revenue estimate of $983.80 million.
Who are MillerKnoll's major shareholders?: MillerKnoll's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Scharf Investments LLC (6.94%), Fuller & Thaler Asset Management Inc. (5.82%), Invesco Ltd. (1.79%), Charles Schwab Investment Management Inc. (1.74%), Bank of New York Mellon Corp (1.63%) and William Blair Investment Management LLC (1.57%). Insiders that own company stock include Andrea Owen, Megan Lyon, Michael A Volkema and Richard Scott.
View institutional ownership trends.
How do I buy shares of MillerKnoll?: Shares of MLKN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MLKN) was last updated on 12/7/2023 by MarketBeat.com Staff

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MillerKnoll Stock Price, News & Analysis (NASDAQ:MLKN)

MillerKnoll MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MillerKnoll Stock (NASDAQ:MLKN)

MLKN Stock Price History

MLKN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MLKN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™