Miller Industries (MLR) Projected to Post Earnings on Wednesday

Miller Industries (NYSE:MLR) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $181.10 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Miller Industries (NYSE:MLR) last announced its quarterly earnings data on Wednesday, March 4th. The auto parts company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.26. The firm had revenue of $171.92 million for the quarter, compared to analyst estimates of $164.20 million. Miller Industries had a net margin of 2.92% and a return on equity of 5.52%. On average, analysts expect Miller Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Miller Industries Stock Performance

Shares of MLR opened at $47.50 on Tuesday. Miller Industries has a one year low of $33.81 and a one year high of $49.23. The company has a market cap of $540.02 million, a PE ratio of 23.99 and a beta of 1.13. The stock has a 50-day moving average of $45.50 and a 200-day moving average of $41.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.22 and a quick ratio of 1.87.

Miller Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 16th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. This is a boost from Miller Industries’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, March 16th. Miller Industries’s payout ratio is 42.42%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MLR. DA Davidson increased their target price on Miller Industries from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Loop Capital set a $44.00 price target on shares of Miller Industries in a research note on Monday, March 9th. Zacks Research downgraded shares of Miller Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Miller Industries in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Miller Industries has a consensus rating of “Hold” and an average target price of $48.50.

Hedge Funds Weigh In On Miller Industries

A number of hedge funds have recently bought and sold shares of the company. Empowered Funds LLC grew its stake in shares of Miller Industries by 37.8% in the 4th quarter. Empowered Funds LLC now owns 38,370 shares of the auto parts company’s stock worth $1,434,000 after acquiring an additional 10,529 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Miller Industries during the fourth quarter valued at about $526,000. Tudor Investment Corp ET AL lifted its position in shares of Miller Industries by 17.5% during the fourth quarter. Tudor Investment Corp ET AL now owns 46,446 shares of the auto parts company’s stock valued at $1,736,000 after purchasing an additional 6,906 shares in the last quarter. Millennium Management LLC boosted its holdings in Miller Industries by 61.8% during the fourth quarter. Millennium Management LLC now owns 157,016 shares of the auto parts company’s stock worth $5,868,000 after purchasing an additional 59,963 shares during the last quarter. Finally, Invenomic Capital Management LP boosted its holdings in Miller Industries by 0.7% during the fourth quarter. Invenomic Capital Management LP now owns 110,707 shares of the auto parts company’s stock worth $4,137,000 after purchasing an additional 807 shares during the last quarter. 79.24% of the stock is owned by hedge funds and other institutional investors.

Miller Industries Company Profile

Miller Industries, Inc is a leading designer, engineer and manufacturer of towing and recovery vehicles and related equipment. The company’s product portfolio includes light-, medium- and heavy-duty tow trucks, integrated carriers, rotators, wreckers, trailers and associated hydraulic and electronic components. These products are marketed under well-known brand names, including Miller, Century, Holmes, Vulcan, Chevron and Jige International, serving a broad spectrum of customers in the towing, recovery, roadside assistance and vehicle transport industries.

Headquartered in Ooltewah, Tennessee, Miller Industries was founded in the early 1990s and has grown into a global supplier of towing and recovery solutions.