Miller Industries (MLR) Stock Price, News & Analysis

Miller Industries' stock was trading at $42.29 at the beginning of 2024. Since then, MLR stock has increased by 15.9% and is now trading at $49.00.
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Miller Industries saw a drop in short interest in March. As of March 31st, there was short interest totaling 49,900 shares, a drop of 18.9% from the March 15th total of 61,500 shares. Based on an average trading volume of 57,500 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are sold short.
View Miller Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our MLR earnings forecast.

Miller Industries, Inc. (NYSE:MLR) posted its earnings results on Wednesday, March, 6th. The auto parts company reported $1.45 earnings per share (EPS) for the quarter. The auto parts company had revenue of $296.25 million for the quarter. Miller Industries had a trailing twelve-month return on equity of 17.97% and a net margin of 5.05%.

Miller Industries announced a quarterly dividend on Wednesday, March 6th. Stockholders of record on Monday, March 18th will be given a dividend of $0.19 per share on Monday, March 25th. This represents a $0.76 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Friday, March 15th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for MLR.

Miller Industries (NYSE:MLR) pays an annual dividend of $0.76 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MLR.

AdvisorShares Focused Equity ETF holds 130,278 shares of MLR stock, representing 4.64% of its portfolio.

Miller Industries issued an update on its FY 2023 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.2 billion.

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.

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).

Miller Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.33%) and Diversified Investment Strategies LLC (0.99%).
View institutional ownership trends.

Shares of MLR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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