FY2026 Earnings Estimate for MillerKnoll Issued By Sidoti

MillerKnoll, Inc. (NASDAQ:MLKN) – Analysts at Sidoti cut their FY2026 earnings per share (EPS) estimates for MillerKnoll in a research note issued on Thursday, March 26th. Sidoti analyst G. Burns now forecasts that the company will earn $1.84 per share for the year, down from their previous forecast of $1.94. The consensus estimate for MillerKnoll’s current full-year earnings is $2.12 per share. Sidoti also issued estimates for MillerKnoll’s Q4 2026 earnings at $0.52 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.64 EPS, Q1 2028 earnings at $0.50 EPS, Q2 2028 earnings at $0.61 EPS and Q3 2028 earnings at $0.55 EPS.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). MillerKnoll had a return on equity of 10.11% and a net margin of 0.28%.The business had revenue of $926.60 million for the quarter, compared to the consensus estimate of $941.95 million. During the same quarter last year, the business posted $0.44 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year.

A number of other research firms also recently weighed in on MLKN. William Blair began coverage on shares of MillerKnoll in a research report on Tuesday, February 10th. They set an “outperform” rating for the company. Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research note on Monday, December 29th. Finally, Zacks Research downgraded MillerKnoll from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

MillerKnoll Stock Down 0.1%

Shares of NASDAQ:MLKN opened at $15.02 on Friday. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $23.18. The company has a market capitalization of $1.03 billion, a PE ratio of 107.29, a price-to-earnings-growth ratio of 0.68 and a beta of 1.31. The business has a fifty day moving average price of $20.04 and a two-hundred day moving average price of $18.18. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.95.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Saturday, February 28th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Friday, February 27th. MillerKnoll’s dividend payout ratio (DPR) is -192.31%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of MillerKnoll by 39.4% in the 1st quarter. Royal Bank of Canada now owns 19,451 shares of the company’s stock valued at $373,000 after acquiring an additional 5,495 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of MillerKnoll by 2.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company’s stock worth $775,000 after purchasing an additional 801 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of MillerKnoll by 7.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 197,932 shares of the company’s stock worth $3,788,000 after purchasing an additional 13,099 shares during the last quarter. Jane Street Group LLC raised its stake in MillerKnoll by 311.8% in the first quarter. Jane Street Group LLC now owns 414,275 shares of the company’s stock valued at $7,929,000 after purchasing an additional 313,684 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its stake in MillerKnoll by 10.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 16,022 shares of the company’s stock valued at $311,000 after purchasing an additional 1,532 shares in the last quarter. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Neutral Sentiment: Q3 results: revenue rose ~5.7% year‑over‑year but the company missed estimates (reported adjusted EPS $0.43 vs. $0.45 expected; revenue $926.6M vs. $941.95M expected). Official results and release. PR Newswire: Q3 Results
• Neutral Sentiment: Sidoti published out‑year model updates (quarterly EPS estimates through FY2028) — these provide new analyst visibility but are forward estimates rather than firm guidance.
• Negative Sentiment: Analyst cuts: Sidoti reduced several near‑term quarter estimates and trimmed FY2026 EPS to $1.84 from $1.94, lowering Q4‑2026, Q1‑Q3‑2027 and other quarter forecasts — a concrete downgrade to near‑term earnings expectations. MarketBeat: MLKN
• Negative Sentiment: Geopolitical & weather risks: management singled out the Iran war (and weather) as pressuring the company’s outlook and margins — this guidance risk is being priced into the stock. Investopedia: Iran war impact
• Negative Sentiment: Shareholder litigation risk: Holzer & Holzer and Johnson Fistel announced investigations into MillerKnoll following the earnings miss and outlook concerns — potential legal overhang for the stock. GlobeNewswire: Holzer & Holzer GlobeNewswire: Johnson Fistel
• Negative Sentiment: Market reaction: investors sold after the print and guidance, producing a sharp share decline and elevated volume as media coverage highlighted the earnings miss and guidance risk. Investing.com: Shares plunge

About MillerKnoll

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.