MillerKnoll, Inc. (NASDAQ:MLKN) Receives Consensus Recommendation of “Hold” from Analysts

Shares of MillerKnoll, Inc. (NASDAQ:MLKN) have been assigned an average rating of “Hold” from the five research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company.

A number of equities research analysts have commented on MLKN shares. Zacks Research cut MillerKnoll from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MillerKnoll in a research report on Monday, December 29th. Wall Street Zen cut MillerKnoll from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, William Blair started coverage on shares of MillerKnoll in a research note on Tuesday, February 10th. They set an “outperform” rating for the company.

MillerKnoll Price Performance

Shares of NASDAQ MLKN opened at $18.96 on Friday. The firm’s 50-day moving average price is $20.31 and its 200-day moving average price is $18.41. MillerKnoll has a 1-year low of $13.77 and a 1-year high of $23.18. The firm has a market capitalization of $1.29 billion, a P/E ratio of -48.62, a P/E/G ratio of 0.80 and a beta of 1.31. The company has a current ratio of 1.66, a quick ratio of 0.95 and a debt-to-equity ratio of 1.02.

MillerKnoll (NASDAQ:MLKN) last issued its earnings results on Wednesday, December 17th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. MillerKnoll had a positive return on equity of 10.32% and a negative net margin of 0.68%.The company had revenue of $955.20 million during the quarter, compared to the consensus estimate of $943.13 million. During the same period last year, the business posted $0.55 EPS. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. Equities research analysts anticipate that MillerKnoll will post 2.12 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Saturday, February 28th will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, February 27th. MillerKnoll’s dividend payout ratio (DPR) is currently -192.31%.

Institutional Investors Weigh In On MillerKnoll

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. increased its holdings in MillerKnoll by 36.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after purchasing an additional 519 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of MillerKnoll in the fourth quarter valued at approximately $46,000. Harbour Investments Inc. lifted its holdings in shares of MillerKnoll by 47.7% in the fourth quarter. Harbour Investments Inc. now owns 3,095 shares of the company’s stock valued at $57,000 after purchasing an additional 1,000 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in shares of MillerKnoll during the third quarter valued at approximately $72,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of MillerKnoll during the second quarter valued at approximately $82,000. Institutional investors and hedge funds own 87.50% of the company’s stock.

MillerKnoll Company Profile

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.