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NASDAQ:MLKN

MillerKnoll (MLKN) Stock Price, News & Analysis

MillerKnoll logo
$22.80
+0.44 (+1.97%)
(As of 11/1/2024 ET)

About MillerKnoll Stock (NASDAQ:MLKN)

Key Stats

Today's Range
$22.50
$22.95
50-Day Range
$22.36
$29.98
52-Week Range
$22.35
$31.73
Volume
535,367 shs
Average Volume
639,814 shs
Market Capitalization
$1.58 billion
P/E Ratio
26.21
Dividend Yield
3.29%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

MillerKnoll Stock Analysis - MarketRank™

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85th Percentile Overall Score

MLKN MarketRank™: 

MillerKnoll scored higher than 85% of companies evaluated by MarketBeat, and ranked 58th out of 296 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for MillerKnoll are expected to grow by 24.88% in the coming year, from $2.17 to $2.71 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MillerKnoll is 26.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.21.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MillerKnoll is 26.21, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.90.

  • Price to Earnings Growth Ratio

    MillerKnoll has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    MillerKnoll has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MillerKnoll's valuation and earnings.
  • Percentage of Shares Shorted

    2.31% of the float of MillerKnoll has been sold short.
  • Short Interest Ratio / Days to Cover

    MillerKnoll has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MillerKnoll has recently decreased by 13.66%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    MillerKnoll pays a meaningful dividend of 3.26%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MillerKnoll does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MillerKnoll is 86.21%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, MillerKnoll will have a dividend payout ratio of 27.68% next year. This indicates that MillerKnoll will be able to sustain or increase its dividend.

  • Read more about MillerKnoll's dividend.
  • Percentage of Shares Shorted

    2.31% of the float of MillerKnoll has been sold short.
  • Short Interest Ratio / Days to Cover

    MillerKnoll has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MillerKnoll has recently decreased by 13.66%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    MillerKnoll has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for MillerKnoll this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added MillerKnoll to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 3.91% of the stock of MillerKnoll is held by insiders.

  • Percentage Held by Institutions

    87.50% of the stock of MillerKnoll is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MillerKnoll's insider trading history.
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MLKN Stock News Headlines

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MillerKnoll Inc (MHR.MU)
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MLKN Stock Analysis - Frequently Asked Questions

MillerKnoll's stock was trading at $26.68 at the beginning of the year. Since then, MLKN shares have decreased by 14.5% and is now trading at $22.80.
View the best growth stocks for 2024 here
.

MillerKnoll, Inc. (NASDAQ:MLKN) issued its earnings results on Thursday, September, 19th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.04. The company's revenue was down 6.1% compared to the same quarter last year.

MillerKnoll's top institutional investors include Principal Financial Group Inc. (0.52%), Douglas Lane & Associates LLC (0.29%), New York State Teachers Retirement System (0.15%) and SG Americas Securities LLC (0.09%). Insiders that own company stock include Andrea Owen, Jeffrey M Stutz, Megan Lyon and Richard Scott.
View institutional ownership trends
.

Shares of MLKN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MillerKnoll investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Southern First Bancshares (SFST).

Company Calendar

Ex-Dividend for 10/15 Dividend
8/30/2024
Last Earnings
9/19/2024
Dividend Payable
10/15/2024
Today
11/02/2024
Next Earnings (Estimated)
12/18/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Office furniture
Sub-Industry
Business Supplies
Current Symbol
NASDAQ:MLKN
Employees
10,200
Year Founded
N/A

Profitability

Net Income
$82.30 million
Pretax Margin
2.15%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$4.34 per share
Book Value
$19.26 per share

Miscellaneous

Free Float
66,462,000
Market Cap
$1.58 billion
Optionable
Optionable
Beta
1.17
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This page (NASDAQ:MLKN) was last updated on 11/2/2024 by MarketBeat.com Staff
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