MillerKnoll (NASDAQ:MLKN) Issues FY 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.850-2.150 for the period, compared to the consensus estimate of 2.000. The company issued revenue guidance of $3.9 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion. MillerKnoll also updated its Q1 2027 guidance to 0.330-0.390 EPS.

MillerKnoll Trading Up 7.3%

Shares of MillerKnoll stock opened at $17.24 on Thursday. The business has a 50 day moving average price of $15.88 and a 200 day moving average price of $17.72. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $23.18. The company has a market capitalization of $1.18 billion, a P/E ratio of 123.14, a P/E/G ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.92.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings results on Wednesday, June 24th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.03. The company had revenue of $1 billion for the quarter, compared to analysts’ expectations of $973.87 million. MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $0.60 EPS. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. Sell-side analysts anticipate that MillerKnoll will post 1.83 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Saturday, May 30th will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.75 annualized dividend and a dividend yield of 4.4%. MillerKnoll’s payout ratio is currently 535.71%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Zacks Research upgraded MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of MillerKnoll in a research report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Key Stories Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Fiscal Q4 earnings of $0.55 per share topped estimates of $0.52, while revenue of about $1.0 billion also beat forecasts, signaling better-than-expected demand and execution. MillerKnoll, Inc. Reports Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Management’s outlook for fiscal 2027 was broadly in line to slightly above expectations on revenue, and the company highlighted a focus on cost control, cash flow, debt reduction, and smaller-format retail growth. MillerKnoll Q4 Earnings Call Puts Focus on Retail Discipline
• Neutral Sentiment: The earnings call transcript and recap articles reinforce that investors are focusing on margin discipline and the company’s longer-term restructuring and growth plans rather than any one-off headline. MillerKnoll, Inc. (MLKN) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Some coverage described the quarter as strong and the outlook as encouraging, which supports the positive tone, but these reports largely repeat the same earnings beat and guidance story. MillerKnoll Shines Bright in Contract and Design Industry: Strong Q4 2026 Results and Exciting Outlook
• Negative Sentiment: Even with the beat, earnings per share were below last year’s $0.60, and the company’s FY2027 EPS guidance range of 1.85 to 2.15 sits below the current consensus estimate, which could temper enthusiasm. MillerKnoll (MLKN) Q4 Earnings and Revenues Surpass Estimates

Institutional Investors Weigh In On MillerKnoll

Several large investors have recently added to or reduced their stakes in MLKN. Osaic Holdings Inc. boosted its holdings in shares of MillerKnoll by 36.5% during the second quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock valued at $38,000 after acquiring an additional 519 shares during the period. Johnson Financial Group Inc. acquired a new position in MillerKnoll during the 3rd quarter valued at about $72,000. Canada Pension Plan Investment Board acquired a new stake in shares of MillerKnoll in the second quarter valued at approximately $82,000. Rexford Capital Inc. increased its stake in shares of MillerKnoll by 17.0% in the fourth quarter. Rexford Capital Inc. now owns 5,500 shares of the company’s stock valued at $101,000 after purchasing an additional 800 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of MillerKnoll by 21.1% during the fourth quarter. Royal Bank of Canada now owns 6,446 shares of the company’s stock valued at $118,000 after buying an additional 1,123 shares during the last quarter. 87.50% of the stock is owned by institutional investors and hedge funds.

About MillerKnoll

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.