MillerKnoll (NASDAQ:MLKN) Updates FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.81-1.87 for the period, compared to the consensus earnings per share estimate of $2.12. The company issued revenue guidance of $3.618-3.658 billion, compared to the consensus revenue estimate of $3.71 billion. MillerKnoll also updated its FY 2025 guidance to 1.810-1.870 EPS.

Analyst Ratings Changes

A number of brokerages recently commented on MLKN. StockNews.com upgraded MillerKnoll from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Sidoti raised shares of MillerKnoll to a “hold” rating in a report on Tuesday.

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $20.30 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $1.38 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. MillerKnoll has a twelve month low of $17.83 and a twelve month high of $31.73. The stock’s 50-day simple moving average is $21.26 and its 200 day simple moving average is $23.14.

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

MillerKnoll Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be issued a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Friday, February 28th. MillerKnoll’s dividend payout ratio (DPR) is currently 82.42%.

MillerKnoll Company Profile

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.