Q1 Earnings Forecast for MLR Issued By DA Davidson

Miller Industries, Inc. (NYSE:MLR - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 EPS estimates for Miller Industries in a research report issued on Monday, March 10th. DA Davidson analyst M. Shlisky forecasts that the auto parts company will earn $0.60 per share for the quarter. DA Davidson has a "Buy" rating and a $82.00 price target on the stock. The consensus estimate for Miller Industries' current full-year earnings is $5.68 per share. DA Davidson also issued estimates for Miller Industries' FY2026 earnings at $4.59 EPS.

Separately, StockNews.com lowered shares of Miller Industries from a "buy" rating to a "hold" rating in a research note on Wednesday, November 13th.

Miller Industries Stock Down 2.0 %

Shares of NYSE:MLR opened at $46.88 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 2.12. The company has a market cap of $536.27 million, a PE ratio of 7.77 and a beta of 0.96. Miller Industries has a 52 week low of $41.38 and a 52 week high of $78.25. The firm has a 50 day simple moving average of $63.07 and a 200 day simple moving average of $64.80.

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Institutional Trading of Miller Industries

Institutional investors have recently made changes to their positions in the business. R Squared Ltd acquired a new position in Miller Industries in the fourth quarter valued at about $36,000. CANADA LIFE ASSURANCE Co acquired a new position in Miller Industries in the fourth quarter valued at about $85,000. KLP Kapitalforvaltning AS acquired a new position in Miller Industries in the fourth quarter valued at about $137,000. LSV Asset Management bought a new position in shares of Miller Industries in the fourth quarter worth about $176,000. Finally, Aquatic Capital Management LLC raised its stake in shares of Miller Industries by 75.9% in the fourth quarter. Aquatic Capital Management LLC now owns 2,814 shares of the auto parts company's stock worth $184,000 after acquiring an additional 1,214 shares during the last quarter. 79.24% of the stock is currently owned by institutional investors and hedge funds.

Miller Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.71%. This is a positive change from Miller Industries's previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Monday, March 17th. Miller Industries's dividend payout ratio (DPR) is currently 13.84%.

About Miller Industries

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.

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