MillerKnoll (NASDAQ:MLKN) Trading Up 17.7% on Earnings Beat

MillerKnoll, Inc. (NASDAQ:MLKN) rose 17.7% during mid-day trading on Thursday following a better than expected earnings announcement. The stock traded as high as $20.53 and last traded at $20.2870. 207,817 shares traded hands during trading, a decline of 72% from the average session volume of 744,316 shares. The stock had previously closed at $17.24.

The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $973.87 million. MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Saturday, May 30th will be given a dividend of $0.1875 per share. The ex-dividend date is Friday, May 29th. This represents a $0.75 annualized dividend and a yield of 3.7%. MillerKnoll’s payout ratio is presently 535.71%.

MillerKnoll News Roundup

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: MillerKnoll beat earnings expectations, reporting $0.55 per share versus the $0.52 consensus, while revenue of $1.0 billion also topped estimates. MillerKnoll, Inc. Reports Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Management said revenue growth improved 4.4% year over year, which supports the view that demand is stabilizing in its contract and design businesses. MillerKnoll Shines Bright in Contract and Design Industry: Strong Q4 2026 Results and Exciting Outlook
• Positive Sentiment: The company’s full-year guidance calls for $1.85 to $2.15 in EPS and $3.9 billion to $4.1 billion in revenue, signaling continued profitability despite a cautious operating backdrop. MillerKnoll Q4 Earnings Call Puts Focus on Retail Discipline
• Neutral Sentiment: Investors are also focused on management’s shift toward cost control, cash flow improvement, debt reduction, and smaller-format retail growth, which suggests a more disciplined but slower-growth strategy. MillerKnoll, Inc. (MLKN) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Near-term guidance was a bit mixed, with first-quarter FY2027 EPS guidance of $0.33 to $0.39 and revenue guidance of $928 million to $968 million, leaving some uncertainty around how quickly growth can accelerate. MillerKnoll Inc (MLKN) Q4 2026 Earnings Call Highlights: Surpassing Revenue Expectations and …

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Weiss Ratings restated a “sell (d+)” rating on shares of MillerKnoll in a research note on Friday, April 24th. Zacks Research upgraded MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC purchased a new position in MillerKnoll in the first quarter valued at about $26,000. Osaic Holdings Inc. lifted its position in shares of MillerKnoll by 36.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock valued at $38,000 after acquiring an additional 519 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in shares of MillerKnoll during the 4th quarter worth approximately $46,000. Harbour Investments Inc. increased its position in shares of MillerKnoll by 47.7% in the fourth quarter. Harbour Investments Inc. now owns 3,095 shares of the company’s stock valued at $57,000 after buying an additional 1,000 shares in the last quarter. Finally, KBC Group NV increased its position in shares of MillerKnoll by 92.1% in the first quarter. KBC Group NV now owns 3,803 shares of the company’s stock valued at $55,000 after buying an additional 1,823 shares in the last quarter. 87.50% of the stock is currently owned by institutional investors and hedge funds.

MillerKnoll Stock Up 18.1%

The company has a current ratio of 1.64, a quick ratio of 0.92 and a debt-to-equity ratio of 0.96. The firm has a 50 day moving average price of $15.88 and a 200-day moving average price of $17.72. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 145.85, a P/E/G ratio of 0.67 and a beta of 1.41.

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.