Sidoti Csr Has Weak Outlook for MillerKnoll FY2025 Earnings

MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) - Equities research analysts at Sidoti Csr lowered their FY2025 EPS estimates for MillerKnoll in a research report issued to clients and investors on Thursday, March 27th. Sidoti Csr analyst G. Burns now expects that the company will earn $1.86 per share for the year, down from their previous estimate of $2.12. The consensus estimate for MillerKnoll's current full-year earnings is $2.12 per share. Sidoti Csr also issued estimates for MillerKnoll's Q1 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.69 EPS and FY2027 earnings at $2.72 EPS.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last posted its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 earnings per share for the quarter, hitting analysts' consensus estimates of $0.44. The company had revenue of $876.20 million during the quarter, compared to analysts' expectations of $918.88 million. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the firm earned $0.45 EPS.

Several other analysts also recently weighed in on the stock. StockNews.com downgraded shares of MillerKnoll from a "buy" rating to a "hold" rating in a report on Saturday. Sidoti upgraded shares of MillerKnoll to a "hold" rating in a research report on Tuesday, March 25th.

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MillerKnoll Stock Performance

NASDAQ:MLKN traded down $0.54 during midday trading on Friday, reaching $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. The stock has a market cap of $1.35 billion, a P/E ratio of 21.71, a P/E/G ratio of 0.89 and a beta of 1.22. The firm has a fifty day simple moving average of $21.22 and a two-hundred day simple moving average of $23.07. MillerKnoll has a 12-month low of $17.83 and a 12-month high of $31.73.

Institutional Investors Weigh In On MillerKnoll

Institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of MillerKnoll by 939.8% in the third quarter. FMR LLC now owns 38,784 shares of the company's stock valued at $960,000 after purchasing an additional 35,054 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of MillerKnoll by 1.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 159,420 shares of the company's stock valued at $3,947,000 after acquiring an additional 2,449 shares during the period. Verition Fund Management LLC acquired a new stake in shares of MillerKnoll during the 3rd quarter valued at approximately $210,000. Edgestream Partners L.P. purchased a new stake in shares of MillerKnoll during the 3rd quarter worth approximately $881,000. Finally, Paloma Partners Management Co acquired a new stake in shares of MillerKnoll in the 3rd quarter worth approximately $684,000. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 1st will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a 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%.

MillerKnoll Company Profile

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.