NYSE:MLR

Miller Industries (MLR) Stock Forecast, Price & News

$39.35

-0.02 (-0.05%)

(As of 09/21/2023 ET)

Compare

Today's Range: $39.12
▼
$39.50
50-Day Range: $36.63
▼
$40.87
52-Week Range: $21.00
▼
$41.50

Volume: 26,776 shs
Average Volume: 33,858 shs
Market Capitalization: $450.40 million

P/E Ratio: 11.68
Dividend Yield: 1.83%
Price Target: N/A

Miller Industries MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.68% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.66
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.00 out of 5 stars

Auto/Tires/Trucks Sector

60th out of 95 stocks

Truck & Bus Bodies Industry

3rd out of 4 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Miller Industries.

3.0

Short Interest

Percentage of Shares Shorted
0.68% of the float of Miller Industries has been sold short.
Short Interest Ratio / Days to Cover
Miller Industries has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Miller Industries has recently increased by 16.72%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Miller Industries pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Miller Industries does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Miller Industries is 21.36%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

3.1

News and Social Media Coverage

News Sentiment
Miller Industries has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Miller Industries this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for MLR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
1 people have added Miller Industries to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Miller Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.90% of the stock of Miller Industries is held by insiders.
Percentage Held by Institutions
77.11% of the stock of Miller Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Miller Industries is 11.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Miller Industries is 11.68, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 13.56.
Price to Book Value per Share Ratio
Miller Industries has a P/B Ratio of 1.53. 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 Miller Industries (NYSE:MLR) Stock

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is based in Ooltewah, Tennessee.

MLR Price History

30 days | 90 days | 365 days | Advanced Chart

MLR Stock News Headlines

August 22, 2023 | marketbeat.com

3 Stocks You’ll Love to Own, But Hate To Encounter (MLR)

What does getting a speed camera ticket, having your car towed and being harassed by debt collectors all have in common? Yes, they are miserable

September 20, 2023 | finance.yahoo.com

Miller Industries to Host 1x1 Meetings with Investors at the D.A. Davidson 22nd Annual Diversified Industrials and Services Conference

September 22, 2023 | Stansberry Research (Ad)

1907, 1929, 1998, 2007--and now 2023?

Analyst who called Lehman Bros. collapse says exact same scenario that occurred in 4 of America’s biggest economic calamities is unfolding again now. More here.

September 17, 2023 | finance.yahoo.com

Slowing Rates Of Return At Miller Industries (NYSE:MLR) Leave Little Room For Excitement

September 4, 2023 | stocknews.com

High-Volume Auto Stocks to Keep Watch On

August 30, 2023 | seekingalpha.com

Miller goes ex-dividend tomorrow

August 27, 2023 | finance.yahoo.com

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

August 26, 2023 | finance.yahoo.com

Miller Industries, Inc. (NYSE:MLR) Stock Goes Ex-Dividend In Just Four Days

September 22, 2023 | MarketBeat Internal (Ad)

MarketBeat's Top 5 Stock Picks - Just Released

MarketBeat has just released five new trading ideas to All Access subscribers, but Tesla, Apple, and Netflix didn't make the cut. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. Now, MarketBeat thinks these five stocks may be even better buys.

August 11, 2023 | finance.yahoo.com

Miller Industries, Inc. (NYSE:MLR) Q2 2023 Earnings Call Transcript

August 11, 2023 | finance.yahoo.com

Q2 2023 Miller Industries Inc Earnings Call

August 9, 2023 | finance.yahoo.com

MILLER INDUSTRIES REPORTS 2023 SECOND QUARTER RESULTS

August 3, 2023 | finance.yahoo.com

MILLER INDUSTRIES TO ANNOUNCE SECOND QUARTER 2023 RESULTS ON WEDNESDAY AUGUST 9, 2023

July 22, 2023 | seekingalpha.com

Miller Industries: The Market Is Missing This Operating Leverage Story

July 5, 2023 | finance.yahoo.com

Investing in Miller Industries (NYSE:MLR) a year ago would have delivered you a 63% gain

June 18, 2023 | finance.yahoo.com

Miller Industries, Inc. (NYSE:MLR) is favoured by institutional owners who hold 81% of the company

June 1, 2023 | msn.com

Miller goes ex dividend tomorrow

June 1, 2023 | finance.yahoo.com

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of $0.18

June 1, 2023 | msn.com

Miller Industries acquires Southern Hydraulic Cylinder for $17.5M in cash

June 1, 2023 | finanznachrichten.de

Miller Industries, Inc.: Miller Industries Announces Acquisition Of Southern Hydraulic Cylinder

May 31, 2023 | finance.yahoo.com

MILLER INDUSTRIES ANNOUNCES ACQUISITION OF SOUTHERN HYDRAULIC CYLINDER

May 27, 2023 | finance.yahoo.com

MLR - Miller Industries, Inc.

May 23, 2023 | finance.yahoo.com

Miller Industries, Inc.'s (NYSE:MLR) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

May 7, 2023 | insidermonkey.com

Miller Industries, Inc. (NYSE:MLR) Q1 2023 Earnings Call Transcript

May 7, 2023 | finance.yahoo.com

Miller Industries (NYSE:MLR) Has Announced A Dividend Of $0.18

May 5, 2023 | finance.yahoo.com

Q1 2023 Miller Industries Inc Earnings Call

May 4, 2023 | msn.com

Miller Industries, Inc. (MLR) Declares $0.18 Dividend

See More Headlines

Receive MLR Stock News and Ratings via Email

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

MLR Company Calendar

Last Earnings: 8/09/2023
Ex-Dividend for 9/11 Dividend: 8/31/2023
Dividend Payable: 9/11/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Truck & bus bodies
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Sector: Auto/Tires/Trucks
Current Symbol: NYSE:MLR
CUSIP: 60055120
CIK: 924822
Web: www.millerind.com
Phone: (423) 238-4171
Fax: 423-238-5371
Employees: 1,450
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $3.37
Trailing P/E Ratio: 11.68
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $20.35 million
Net Margins: 3.81%
Pretax Margin: 4.85%
Return on Equity: 12.89%
Return on Assets: 7.21%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 2.09
Quick Ratio: 1.34

Sales & Book Value

Annual Sales: $1.01 billion
Price / Sales: 0.44
Cash Flow: $2.82 per share
Price / Cash Flow: 13.96
Book Value: $25.70 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 11,446,000
Free Float: 11,000,000
Market Cap: $450.40 million
Optionable: Optionable
Beta: 1.03

Social Links

The Best High-Yield Dividend Stocks for 2023

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Mr. William G. Miller (Age 76)
Founder & Exec. Chairman
Comp: $638.19k

Mr. William G. Miller II (Age 44)
Pres, CEO & Director
Comp: $972.5k

Ms. Deborah L. Whitmire (Age 57)
Exec. VP, CFO & Treasurer
Comp: $490.39k

Mr. Josias W. Reyneke (Age 66)
VP & Chief Information Officer
Comp: $426.41k

Mr. Jeffrey I. Badgley (Age 71)
Pres of International & Military
Comp: $825.49k

Mr. Vincent J. Tiano (Age 58)
VP & Chief Revenue Officer
Comp: $445.67k

Mr. Jamison Linden (Age 48)
VP & Chief Manufacturing Officer
Comp: $426.41k

Mr. Frank Madonia (Age 74)
Exec. VP, Sec. & Gen. Counsel

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MLR Stock - Frequently Asked Questions

How have MLR shares performed in 2023?: Miller Industries' stock was trading at $26.66 on January 1st, 2023. Since then, MLR stock has increased by 47.6% and is now trading at $39.35.
View the best growth stocks for 2023 here.
When is Miller Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our MLR earnings forecast.
How were Miller Industries' earnings last quarter?: Miller Industries, Inc. (NYSE:MLR) released its quarterly earnings results on Wednesday, August, 9th. The auto parts company reported $1.29 earnings per share for the quarter. The auto parts company had revenue of $300.26 million for the quarter. Miller Industries had a net margin of 3.81% and a trailing twelve-month return on equity of 12.89%.
How often does Miller Industries pay dividends? What is the dividend yield for Miller Industries?: Miller Industries declared a quarterly dividend on Wednesday, August 9th. Stockholders of record on Friday, September 1st will be given a dividend of $0.18 per share on Monday, September 11th. This represents a $0.72 annualized dividend and a yield of 1.83%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for MLR.
What ETF holds Miller Industries' stock ?: AdvisorShares Focused Equity ETF holds 97,678 shares of MLR stock, representing 4.89% of its portfolio.
Is Miller Industries a good dividend stock?: Miller Industries (NYSE:MLR) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.83%. The dividend payout ratio is 21.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MLR.
What is Jeff Badgley's approval rating as Miller Industries' CEO?: 9 employees have rated Miller Industries Chief Executive Officer Jeff Badgley on Glassdoor.com. Jeff Badgley has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Miller Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Miller Industries investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), CBL & Associates Properties (CBL), Cornerstone Strategic Value Fund (CLM), Ford Motor (F), Martin Midstream Partners (MMLP), Oracle (ORCL) and SunCoke Energy Partners (SXCP).
What is Miller Industries' stock symbol?: Miller Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MLR."
Who are Miller Industries' major shareholders?: Miller Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (9.04%), Dimensional Fund Advisors LP (7.85%), BlackRock Inc. (6.59%), Royce & Associates LP (3.76%), Hotchkis & Wiley Capital Management LLC (3.42%) and Franklin Resources Inc. (3.15%).
View institutional ownership trends.
How do I buy shares of Miller Industries?: Shares of MLR 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.
What is Miller Industries' stock price today?: One share of MLR stock can currently be purchased for approximately $39.35.
How much money does Miller Industries make?: Miller Industries (NYSE:MLR) has a market capitalization of $450.40 million and generates $1.01 billion in revenue each year. The auto parts company earns $20.35 million in net income (profit) each year or $3.37 on an earnings per share basis.
How many employees does Miller Industries have?: The company employs 1,450 workers across the globe.
How can I contact Miller Industries?: Miller Industries' mailing address is 8503 HILLTOP DRIVE, OOLTEWAH TN, 37363. The official website for the company is www.millerind.com. The auto parts company can be reached via phone at (423) 238-4171, via email at investorinfo@millerind.com, or via fax at 423-238-5371.

This page (NYSE:MLR) was last updated on 9/22/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial