MillerKnoll (NASDAQ:MLKN - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.810-1.870 for the period, compared to the consensus earnings per share estimate of 2.120. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $1.81-1.87 EPS.
MillerKnoll Stock Down 2.7 %
Shares of MLKN stock traded down $0.54 on Friday, hitting $19.76. The stock had a trading volume of 991,095 shares, compared to its average volume of 599,561. The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. MillerKnoll has a one year low of $17.83 and a one year high of $31.73. The business has a 50 day moving average price of $21.22 and a 200 day moving average price of $23.07. The company has a market cap of $1.35 billion, a PE ratio of 21.71, a P/E/G ratio of 0.89 and a beta of 1.22.
MillerKnoll (NASDAQ:MLKN - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.44. The firm had revenue of $876.20 million for the quarter, compared to the consensus estimate of $918.88 million. MillerKnoll had a net margin of 1.81% and a return on equity of 10.74%. The company's quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. Research analysts anticipate that MillerKnoll will post 2.12 earnings per share for the current fiscal year.
MillerKnoll Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll's dividend payout ratio (DPR) is currently 82.42%.
Analysts Set New Price Targets
A number of research analysts have issued reports on MLKN shares. StockNews.com downgraded MillerKnoll from a "buy" rating to a "hold" rating in a report on Saturday. Sidoti raised shares of MillerKnoll to a "hold" rating in a research note on Tuesday, March 25th.
Get Our Latest Stock Analysis on MillerKnoll
MillerKnoll Company Profile
(
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MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.
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