Miller Industries (NYSE:MLR – Get 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 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
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.
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