MillerKnoll, Inc. (NASDAQ:MLKN) Given Consensus Rating of “Hold” by Brokerages

MillerKnoll, Inc. (NASDAQ:MLKN) has received a consensus recommendation of “Hold” from the five brokerages that are currently covering the firm, Marketbeat Ratings reports. One 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.

Several analysts recently weighed in on the company. Zacks Research downgraded MillerKnoll from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. William Blair began coverage on shares of MillerKnoll in a report on Tuesday, February 10th. They issued an “outperform” rating for the company. Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of MillerKnoll in a report on Monday, December 29th.

MillerKnoll Stock Performance

Shares of NASDAQ:MLKN opened at $21.78 on Tuesday. The firm’s 50 day simple moving average is $19.27 and its 200-day simple moving average is $18.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.95 and a current ratio of 1.66. MillerKnoll has a one year low of $13.77 and a one year high of $23.18. The firm has a market cap of $1.49 billion, a PE ratio of -55.85, a price-to-earnings-growth ratio of 0.92 and a beta of 1.33.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.03. The company had revenue of $955.20 million for the quarter, compared to analysts’ expectations of $943.13 million. MillerKnoll had a positive return on equity of 10.32% and a negative net margin of 0.68%.MillerKnoll’s revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 earnings per share. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. As a group, equities analysts predict that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Saturday, February 28th will be issued a $0.1875 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.4%. MillerKnoll’s dividend payout ratio (DPR) is currently -192.31%.

Hedge Funds Weigh In On MillerKnoll

A number of large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in shares of MillerKnoll by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock valued at $38,000 after buying an additional 519 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in MillerKnoll during the fourth quarter valued at approximately $46,000. Harbour Investments Inc. boosted its stake in 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 acquiring an additional 1,000 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in MillerKnoll in the third quarter worth $72,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of MillerKnoll during the second quarter worth $82,000. 87.50% of the stock is currently owned by institutional investors.

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.