MillerKnoll (NASDAQ:MLKN) Updates FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.810-1.870 for the period, compared to the consensus earnings per share estimate of 2.120. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $1.81-1.87 EPS.

MillerKnoll Stock Performance

Shares of MLKN traded down $0.27 on Wednesday, reaching $18.34. The company’s stock had a trading volume of 1,593,418 shares, compared to its average volume of 575,067. The stock’s 50 day simple moving average is $21.35 and its two-hundred day simple moving average is $23.19. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. The stock has a market capitalization of $1.25 billion, a P/E ratio of 20.15, a PEG ratio of 0.89 and a beta of 1.22. MillerKnoll has a 12-month low of $16.99 and a 12-month high of $31.73.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The business had revenue of $876.20 million during the quarter, compared to analysts’ expectations of $918.88 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. The business’s quarterly revenue was up .4% on a year-over-year basis. Research analysts forecast that MillerKnoll will post 2.12 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.09%. MillerKnoll’s dividend payout ratio (DPR) is presently 82.42%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th.

About MillerKnoll

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.