What is Sidoti’s Forecast for MillerKnoll FY2027 Earnings?

MillerKnoll, Inc. (NASDAQ:MLKN) – Research analysts at Sidoti reduced their FY2027 EPS estimates for shares of MillerKnoll in a research note issued to investors on Thursday, March 26th. Sidoti analyst G. Burns now anticipates that the company will earn $1.99 per share for the year, down from their previous estimate of $2.31. The consensus estimate for MillerKnoll’s current full-year earnings is $2.12 per share. Sidoti also issued estimates for MillerKnoll’s FY2028 earnings at $2.38 EPS.

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

MillerKnoll Stock Performance

NASDAQ MLKN opened at $15.02 on Monday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 107.29, a PEG ratio of 0.69 and a beta of 1.31. The company has a quick ratio of 0.92, a current ratio of 1.64 and a debt-to-equity ratio of 0.96. MillerKnoll has a twelve month low of $13.77 and a twelve month high of $23.18. The stock has a fifty day simple moving average of $20.04 and a 200 day simple moving average of $18.15.

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 analyst estimates of $941.95 million. During the same quarter last year, the firm posted $0.44 EPS. MillerKnoll’s revenue for the quarter was up 5.7% on a year-over-year basis.

Hedge Funds Weigh In On MillerKnoll

Institutional investors and hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC grew its position in shares of MillerKnoll by 240.9% during the 4th quarter. Hsbc Holdings PLC now owns 80,559 shares of the company’s stock worth $1,488,000 after buying an additional 56,927 shares during the period. Vulcan Value Partners LLC lifted its position in shares of MillerKnoll by 24.4% during the 4th quarter. Vulcan Value Partners LLC now owns 1,389,715 shares of the company’s stock valued at $25,668,000 after acquiring an additional 272,783 shares during the period. Invesco Ltd. boosted its stake in MillerKnoll by 8.0% during the fourth quarter. Invesco Ltd. now owns 1,956,425 shares of the company’s stock worth $35,763,000 after acquiring an additional 145,544 shares in the last quarter. Front Street Capital Management Inc. boosted its stake in MillerKnoll by 9.0% during the fourth quarter. Front Street Capital Management Inc. now owns 704,481 shares of the company’s stock worth $12,878,000 after acquiring an additional 58,369 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in MillerKnoll by 184.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 76,562 shares of the company’s stock worth $1,537,000 after purchasing an additional 49,640 shares during the period. 87.50% of the stock is currently owned by institutional investors.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Saturday, February 28th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, February 27th. MillerKnoll’s payout ratio is presently 535.71%.

Trending Headlines about 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

MillerKnoll Company Profile

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.