MillerKnoll, Inc. (NASDAQ:MLKN) Receives Consensus Recommendation of “Hold” from Brokerages

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

MLKN has been the topic of several research analyst reports. Zacks Research cut shares of MillerKnoll from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. William Blair began coverage on MillerKnoll in a 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 research note on Saturday, January 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of MillerKnoll in a report on Monday, December 29th.

MillerKnoll Trading Down 1.3%

NASDAQ:MLKN opened at $19.71 on Friday. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $23.18. The stock’s fifty day moving average price is $20.24 and its two-hundred day moving average price is $18.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.66 and a quick ratio of 0.95. The company has a market cap of $1.35 billion, a P/E ratio of -50.54, a P/E/G ratio of 0.84 and a beta of 1.31.

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

MillerKnoll Announces Dividend

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 given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, February 27th. MillerKnoll’s dividend payout ratio (DPR) is presently -192.31%.

Institutional Investors Weigh In On MillerKnoll

A number of institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. grew 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 buying an additional 519 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in MillerKnoll during the 4th quarter valued at about $46,000. Harbour Investments Inc. grew its holdings in shares of MillerKnoll by 47.7% in the fourth quarter. Harbour Investments Inc. now owns 3,095 shares of the company’s stock worth $57,000 after purchasing an additional 1,000 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in MillerKnoll during the 3rd quarter valued at $72,000. Finally, Canada Pension Plan Investment Board purchased a new stake in MillerKnoll during the 2nd quarter valued at $82,000. Hedge funds and other 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.