MillerKnoll (NASDAQ:MLKN) Issues FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.110-2.170 for the period, compared to the consensus earnings per share estimate of 2.160. The company issued revenue guidance of -. MillerKnoll also updated its FY25 guidance to $2.11-2.17 EPS.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Thursday, October 10th.

MillerKnoll Stock Down 3.8 %

MLKN stock traded down $0.96 during midday trading on Wednesday, reaching $24.33. 1,576,916 shares of the company were exchanged, compared to its average volume of 630,519. The stock’s 50-day simple moving average is $24.43 and its 200 day simple moving average is $26.19. MillerKnoll has a 1-year low of $22.35 and a 1-year high of $31.73. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.93 and a current ratio of 1.59. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 27.97, a price-to-earnings-growth ratio of 0.96 and a beta of 1.20.

MillerKnoll (NASDAQ:MLKN) last posted its earnings results on Wednesday, December 18th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. The business had revenue of $970.40 million for the quarter, compared to analysts’ expectations of $959.60 million. MillerKnoll had a return on equity of 10.93% and a net margin of 1.80%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 earnings per share. On average, equities analysts forecast that MillerKnoll will post 2.17 earnings per share for the current year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Saturday, November 30th will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Friday, November 29th. MillerKnoll’s dividend payout ratio (DPR) is presently 86.21%.

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.