Miller Industries (NYSE:MLR) Share Price Breaks Above Two Hundred Day Moving Average – Time to Sell?

Posted by Geri Gentry on Oct 10th, 2026

Miller Industries, Inc. (NYSE:MLR – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $50.52 and traded as high as $52.92. Miller Industries shares last traded at $52.8150, with a volume of 74,163 shares traded.

Analysts Set New Price Targets

A number of research analysts recently commented on MLR shares. Wall Street Zen raised shares of Miller Industries from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Miller Industries in a research report on Monday, September 21st. Zacks Research raised shares of Miller Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Finally, DA Davidson boosted their price target on shares of Miller Industries from $56.00 to $64.00 and gave the company a “buy” rating in a report on Monday, August 10th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Miller Industries currently has an average rating of “Hold” and a consensus price target of $54.00.

Check Out Our Latest Research Report on Miller Industries

Miller Industries Price Performance

The firm has a fifty day simple moving average of $54.75 and a 200 day simple moving average of $50.53. The company has a market cap of $596.61 million, a price-to-earnings ratio of 42.39 and a beta of 1.12.

Miller Industries (NYSE:MLR – Get Free Report) last posted its earnings results on Wednesday, August 5th. The auto parts company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.27. Miller Industries had a net margin of 1.86% and a return on equity of 3.41%. The business had revenue of $239.99 million for the quarter, compared to analyst estimates of $210.80 million. Analysts expect that Miller Industries, Inc. will post 1.95 earnings per share for the current year.

Miller Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 8th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 8th. Miller Industries’s dividend payout ratio (DPR) is presently 67.74%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new stake in shares of Miller Industries in the 2nd quarter worth about $351,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Miller Industries during the 2nd quarter valued at about $1,187,000. Bank of New York Mellon Corp bought a new position in Miller Industries during the 2nd quarter valued at about $5,985,000. Empowered Funds LLC boosted its position in Miller Industries by 9.7% in the first quarter. Empowered Funds LLC now owns 42,073 shares of the auto parts company’s stock valued at $1,916,000 after buying an additional 3,703 shares in the last quarter. Finally, Quantinno Capital Management LP grew its stake in Miller Industries by 47.7% during the first quarter. Quantinno Capital Management LP now owns 38,616 shares of the auto parts company’s stock worth $1,759,000 after buying an additional 12,463 shares during the last quarter. Institutional investors own 79.24% of the company’s stock.

About Miller Industries

(Get Free Report)

Miller Industries, Inc designs, manufactures and sells towing and recovery equipment for commercial, municipal, transportation and emergency-service customers. Its product portfolio includes light-, medium- and heavy-duty wreckers; car carriers and transporters; rotator recovery units; and specialized equipment used to recover, move and transport disabled or damaged vehicles.

The company markets products under several established brands, including Century, Vulcan, Holmes, Challenger and Champion.