Miller Industries (NYSE:MLR) Releases FY 2025 Earnings Guidance

Miller Industries (NYSE:MLRGet Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.900-3.200 for the period, compared to the consensus estimate of 5.940. The company issued revenue guidance of $950.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.4 billion.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. DA Davidson reiterated a “buy” rating and set a $82.00 price objective on shares of Miller Industries in a research report on Friday, November 15th. StockNews.com lowered Miller Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Check Out Our Latest Research Report on Miller Industries

Miller Industries Stock Performance

Miller Industries stock opened at $46.73 on Friday. The stock’s 50 day moving average price is $63.79 and its 200 day moving average price is $64.91. The firm has a market capitalization of $534.51 million, a PE ratio of 7.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 2.12. Miller Industries has a one year low of $41.38 and a one year high of $78.25.

Miller Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, March 17th. This is a positive change from Miller Industries’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a yield of 1.71%. Miller Industries’s payout ratio is 13.84%.

Miller Industries Company Profile

(Get Free Report)

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 flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.

Further Reading

Receive News & Ratings for Miller Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miller Industries and related companies with MarketBeat.com's FREE daily email newsletter.