Miller Industries (NYSE:MLR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.900-3.200 for the period, compared to the consensus estimate of 5.940. The company issued revenue guidance of $950.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.4 billion.
Miller Industries Stock Up 3.0 %
NYSE:MLR traded up $1.40 on Friday, reaching $47.87. 268,148 shares of the stock traded hands, compared to its average volume of 85,040. The company has a current ratio of 2.12, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $547.53 million, a price-to-earnings ratio of 7.94 and a beta of 0.96. Miller Industries has a 12 month low of $41.38 and a 12 month high of $78.25. The company's fifty day simple moving average is $63.43 and its 200 day simple moving average is $64.89.
Miller Industries Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.80 annualized dividend and a dividend yield of 1.67%. This is an increase from Miller Industries's previous quarterly dividend of $0.19. Miller Industries's dividend payout ratio (DPR) is 13.84%.
Analyst Upgrades and Downgrades
MLR has been the topic of several recent analyst reports. StockNews.com downgraded Miller Industries from a "buy" rating to a "hold" rating in a research note on Wednesday, November 13th. DA Davidson reaffirmed a "buy" rating and set a $82.00 price objective on shares of Miller Industries in a research report on Friday, November 15th.
Check Out Our Latest Report on MLR
Miller Industries Company Profile
(
Get Free Report)
Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.
Further Reading
Before you consider Miller Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Miller Industries wasn't on the list.
While Miller Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
