Herman Miller (MLHR) Stock Price, News & Analysis

Company Overview

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, and Africa; Latin America; and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.

Key Stats

• Today's Range: N/A
• 50-Day Range: $36.96 to $42.57
• 52-Week Range: N/A
• Volume: 38,689 shs
• Average Volume: 657,555 shs
• Market Capitalization: $2.95 billion
• P/E Ratio: 11.69
• Dividend Yield: 1.93%
• Price Target: N/A
• Consensus Rating: N/A

Herman Miller Stock Analysis - MarketRank™

Herman Miller scored higher than 19% of companies evaluated by MarketBeat, and ranked 280th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Herman Miller.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Herman Miller is 11.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Herman Miller is 11.69, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.41.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MLHR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Herman Miller pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Herman Miller does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Herman Miller is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.16

Short Interest

There is no current short interest data available for MLHR.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Herman Miller this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Herman Miller insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.19% of the stock of Herman Miller is held by insiders.

Percentage Held by Institutions

94.60% of the stock of Herman Miller is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MLHR Stock Analysis - Frequently Asked Questions

How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) posted its earnings results on Tuesday, September, 28th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. Herman Miller's revenue was up 26.0% compared to the same quarter last year.

Does Herman Miller have any subsidiaries?

Herman Miller subsidiaries include Knoll, Maars Living Walls, Design Within Reach, Maharam Fabric Corporation, POSH Office Systems, Nemschoff, Colebrook Bosson Saunders, and more.

What other stocks do shareholders of Herman Miller own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Herman Miller investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Meta Platforms (META), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Target (TGT) and Tesla (TSLA).

Company Calendar

• Last Earnings: 9/28/2021
• Today: 12/22/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Office Furniture
• Sub-Industry: Office Services & Supplies
• Current Symbol: NASDAQ:MLHR
• CUSIP: 60054410
• CIK: 66382
• Web: www.hermanmiller.com
• Phone: (616) 654-3000
• Fax: 616-654-3632
• Employees: 7,600
• Year Founded: 1905

Profitability

• EPS (Most Recent Fiscal Year): $3.33
• Trailing P/E Ratio: 11.69
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $173.10 million
• Net Margins: 1.47%
• Pretax Margin: 2.35%
• Return on Equity: 15.85%
• Return on Assets: 5.94%

Debt

• Debt-to-Equity Ratio: 0.88
• Current Ratio: 1.41
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $2.47 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 8.01
• Book Value: $19.47 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 75,774,000
• Free Float: 74,872,000
• Market Cap: $2.95 billion
• Optionable: Optionable
• Beta: 1.31