MillerKnoll (NASDAQ:MLKN – Get Free Report) updated its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.330-0.390 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of $928.0 million-$968.0 million, compared to the consensus revenue estimate of $948.6 million. MillerKnoll also updated its FY 2027 guidance to 1.850-2.150 EPS.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on MLKN. Zacks Research upgraded shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a report on Friday, April 24th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, MillerKnoll has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on MillerKnoll
MillerKnoll Price Performance
MillerKnoll (NASDAQ:MLKN – Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. MillerKnoll had a net margin of 2.38% and a return on equity of 9.83%. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $973.87 million. During the same quarter in the prior year, the firm earned $0.60 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. As a group, sell-side analysts forecast that MillerKnoll will post 2 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. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. MillerKnoll’s dividend payout ratio is 535.71%.
Key Headlines Impacting MillerKnoll
Here are the key news stories impacting MillerKnoll this week:
- Positive Sentiment: MillerKnoll’s fiscal Q4 earnings and revenue both topped expectations, with EPS of $0.55 versus $0.52 expected and revenue of about $1.0 billion versus $973.9 million expected, reinforcing the view that demand remains resilient. Article Title
- Positive Sentiment: The company also issued FY2027 guidance of $1.85-$2.15 EPS and Q1 2027 guidance of $0.33-$0.39 EPS, which gave investors a clearer roadmap for the next year. Article Title
- Positive Sentiment: Sidoti raised several out-year estimates, including FY2027 EPS to $2.01 from $1.99 and FY2028 EPS to $2.46 from $2.38, suggesting analysts see improving profitability ahead. Article Title
- Positive Sentiment: Sidoti also lifted its Q4 2027 EPS estimate to $0.74 from $0.64 and Q4 2028 EPS to $0.85 from $0.72, signaling confidence in longer-term earnings momentum. Article Title
- Positive Sentiment: Investors may also be encouraged that the stock has been trading above its recent moving averages following the earnings release, reflecting improving sentiment around the name.
- Neutral Sentiment: Sidoti trimmed some near-term estimates for MillerKnoll’s Q1-Q3 2027 and Q1-Q2 2028, indicating some quarter-to-quarter volatility in the outlook. Article Title
- Neutral Sentiment: The earnings release and commentary suggest management is prioritizing cost control, cash flow, debt reduction, and smaller-format retail growth, which may help over time but does not change the near-term picture by itself. Article Title
- Negative Sentiment: Some analyst revisions were modestly lower, including cuts to Q1 2028, Q2 2028, and Q3 2027 EPS estimates, which may temper enthusiasm for the pace of earnings growth. Article Title
Institutional Trading of MillerKnoll
Institutional investors have recently modified their holdings of the company. Mariner LLC bought a new position in MillerKnoll during the 4th quarter valued at approximately $234,000. Bridgefront Capital LLC bought a new stake in shares of MillerKnoll in the 4th quarter worth approximately $200,000. Cerity Partners LLC purchased a new position in shares of MillerKnoll during the fourth quarter valued at approximately $228,000. LPL Financial LLC purchased a new stake in MillerKnoll in the fourth quarter worth $198,000. Finally, Squarepoint Ops LLC bought a new stake in MillerKnoll in the third quarter valued at $185,000. 87.50% of the stock is currently owned by hedge funds and other institutional investors.
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.
Featured Articles
- Five stocks we like better than MillerKnoll
- BlackBerry’s Rally Is Running on a Bigger AI Story Than Earnings Alone
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
Receive News & Ratings for MillerKnoll Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MillerKnoll and related companies with MarketBeat.com's FREE daily email newsletter.
