MillerKnoll, Inc. (NASDAQ:MLKN) Given Average Rating of “Hold” by Brokerages

Shares of MillerKnoll, Inc. (NASDAQ:MLKN) have earned a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company.

A number of analysts have commented on the company. Wall Street Zen cut MillerKnoll from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. William Blair initiated coverage on shares of MillerKnoll in a research note on Tuesday. They set an “outperform” rating on the stock. Zacks Research lowered shares of MillerKnoll from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of MillerKnoll in a research note on Monday, December 29th.

MillerKnoll Stock Down 4.1%

Shares of MLKN stock opened at $21.84 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 0.95 and a debt-to-equity ratio of 1.02. MillerKnoll has a 12 month low of $13.77 and a 12 month high of $23.18. The stock has a market cap of $1.49 billion, a P/E ratio of -56.00, a P/E/G ratio of 0.96 and a beta of 1.33. The company has a 50 day simple moving average of $19.03 and a two-hundred day simple moving average of $18.40.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, December 17th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. MillerKnoll had a negative net margin of 0.68% and a positive return on equity of 10.32%. The firm had revenue of $955.20 million during the quarter, compared to the consensus estimate of $943.13 million. During the same quarter in the previous year, the firm posted $0.55 EPS. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. On average, research analysts expect that MillerKnoll will post 2.12 earnings per share for the current year.

MillerKnoll Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Saturday, February 28th will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.75 dividend on an annualized basis and a yield of 3.4%. MillerKnoll’s dividend payout ratio (DPR) is currently -192.31%.

Institutional Trading of MillerKnoll

Several institutional investors and hedge funds have recently added to or reduced their stakes in MLKN. EntryPoint Capital LLC bought a new stake in MillerKnoll during the fourth quarter worth approximately $454,000. New York State Common Retirement Fund increased its holdings in MillerKnoll by 729.1% during the 4th quarter. New York State Common Retirement Fund now owns 183,949 shares of the company’s stock worth $3,363,000 after purchasing an additional 161,762 shares during the period. Swiss National Bank raised its holdings in shares of MillerKnoll by 3.0% in the fourth quarter. Swiss National Bank now owns 135,152 shares of the company’s stock valued at $2,471,000 after acquiring an additional 3,900 shares in the last quarter. Picton Mahoney Asset Management purchased a new stake in shares of MillerKnoll in the 4th quarter worth approximately $928,000. Finally, Deutsche Bank AG boosted its position in MillerKnoll by 3.9% during the 4th quarter. Deutsche Bank AG now owns 57,891 shares of the company’s stock valued at $1,058,000 after acquiring an additional 2,172 shares in the last quarter. Institutional investors own 87.50% of the company’s stock.

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.