Miller Industries (NYSE:MLR) Issues FY 2025 Earnings Guidance

Posted by Shane Hupp on Mar 7th, 2025

Miller Industries (NYSE:MLR – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.900-3.200 for the period, compared to the consensus EPS estimate of 5.940. The company issued revenue guidance of $950.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.4 billion.

Miller Industries Price Performance

Shares of NYSE MLR opened at $46.73 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.12 and a quick ratio of 1.46. The stock has a fifty day moving average price of $63.79 and a 200 day moving average price of $64.91. Miller Industries has a 1-year low of $41.38 and a 1-year high of $78.25. The company has a market cap of $534.51 million, a PE ratio of 7.75 and a beta of 0.96.

Miller Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be given a $0.20 dividend. This is a boost from Miller Industries’s previous quarterly dividend of $0.19. The ex-dividend date is Monday, March 17th. This represents a $0.80 annualized dividend and a yield of 1.71%. Miller Industries’s dividend payout ratio is presently 13.84%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MLR shares. StockNews.com cut Miller Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, November 13th. DA Davidson restated a “buy” rating and issued a $82.00 price target on shares of Miller Industries in a research report on Friday, November 15th.

Get Our Latest Stock Analysis on MLR

About Miller Industries

(Get Free Report)

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.