FY2027 EPS Estimates for MillerKnoll Lowered by Sidoti Csr

MillerKnoll, Inc. (NASDAQ:MLKN) – Equities researchers at Sidoti Csr dropped their FY2027 earnings per share estimates for shares of MillerKnoll in a research report issued to clients and investors on Tuesday, December 9th. Sidoti Csr analyst G. Burns now anticipates that the company will post earnings of $2.28 per share for the year, down from their prior estimate of $2.62. The consensus estimate for MillerKnoll’s current full-year earnings is $2.12 per share.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, February 16th. The company reported $0.35 earnings per share for the quarter. MillerKnoll had a positive return on equity of 10.96% and a negative net margin of 0.41%.The business had revenue of $92.95 million for the quarter.

Other analysts also recently issued reports about the company. Zacks Research downgraded MillerKnoll from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Weiss Ratings reissued a “sell (d)” rating on shares of MillerKnoll in a report on Monday. Finally, Wall Street Zen upgraded shares of MillerKnoll from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

MillerKnoll Stock Up 0.6%

MLKN opened at $16.66 on Friday. MillerKnoll has a fifty-two week low of $13.77 and a fifty-two week high of $25.72. The firm has a market capitalization of $1.14 billion, a P/E ratio of -66.64, a PEG ratio of 0.74 and a beta of 1.32. The company’s 50-day moving average is $15.83 and its 200 day moving average is $18.18. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.67 and a quick ratio of 0.96.

Hedge Funds Weigh In On MillerKnoll

Institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its stake in shares of MillerKnoll by 36.5% during the second quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock valued at $38,000 after purchasing an additional 519 shares during the period. Amalgamated Bank raised its holdings in MillerKnoll by 3.4% during the 3rd quarter. Amalgamated Bank now owns 20,072 shares of the company’s stock valued at $356,000 after buying an additional 668 shares during the last quarter. Legal & General Group Plc raised its holdings in MillerKnoll by 0.4% during the 2nd quarter. Legal & General Group Plc now owns 192,219 shares of the company’s stock valued at $3,733,000 after buying an additional 678 shares during the last quarter. Hsbc Holdings PLC boosted its position in MillerKnoll by 7.8% during the 1st quarter. Hsbc Holdings PLC now owns 10,350 shares of the company’s stock valued at $201,000 after buying an additional 753 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in MillerKnoll by 2.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company’s stock worth $775,000 after acquiring an additional 801 shares during the last quarter. 87.50% of the stock is currently owned by institutional investors.

MillerKnoll Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Saturday, November 29th will be issued a $0.1875 dividend. The ex-dividend date is Friday, November 28th. This represents a $0.75 annualized dividend and a dividend yield of 4.5%. MillerKnoll’s payout ratio is currently -300.00%.

About MillerKnoll

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.