MillerKnoll (NASDAQ:MLKN) Releases Q1 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.330-0.390 for the period, compared to the consensus earnings per share 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.

MillerKnoll Stock Performance

MLKN stock traded up $1.18 during trading on Wednesday, hitting $17.24. 1,130,858 shares of the company traded hands, compared to its average volume of 749,348. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $23.18. The company has a market cap of $1.18 billion, a PE ratio of 123.14, a P/E/G ratio of 0.66 and a beta of 1.41. The stock’s 50-day simple moving average is $15.85 and its 200 day simple moving average is $17.71. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.92.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data 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 0.28% and a return on equity of 10.11%. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $973.87 million. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. On average, equities analysts expect that MillerKnoll will post 1.83 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Saturday, May 30th will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, May 29th. MillerKnoll’s dividend payout ratio (DPR) is presently 535.71%.

Wall Street Analysts Forecast Growth

MLKN has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MillerKnoll in a research note on Friday, April 24th. Zacks Research raised MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Investors Weigh In On MillerKnoll

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cerity Partners LLC purchased a new position in shares of MillerKnoll during the 4th quarter worth $228,000. Bridgefront Capital LLC acquired a new position in MillerKnoll in the fourth quarter valued at about $200,000. LPL Financial LLC purchased a new position in MillerKnoll during the fourth quarter worth about $198,000. Inceptionr LLC purchased a new position in MillerKnoll during the third quarter worth about $189,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of MillerKnoll during the third quarter valued at about $185,000. Institutional investors and hedge funds own 87.50% of the company’s stock.

MillerKnoll Company Profile

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.