Miller Industries (MLR) Scheduled to Post Quarterly Earnings on Wednesday

Miller Industries (NYSE:MLR) is scheduled to announce its earnings results after the market closes on Wednesday, August 7th. Parties interested in participating in the company’s conference call can do so using this link.

Miller Industries (NYSE:MLR) last released its earnings results on Wednesday, May 8th. The auto parts company reported $1.47 earnings per share for the quarter. Miller Industries had a net margin of 5.41% and a return on equity of 19.46%. The firm had revenue of $349.87 million for the quarter.

Miller Industries Stock Performance

Shares of MLR stock traded up $2.62 during trading hours on Tuesday, hitting $63.53. 64,071 shares of the company were exchanged, compared to its average volume of 70,240. The company has a current ratio of 2.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $728.69 million, a price-to-earnings ratio of 10.99 and a beta of 0.96. The firm has a fifty day simple moving average of $59.19 and a 200 day simple moving average of $52.17. Miller Industries has a 52-week low of $34.96 and a 52-week high of $69.75.

Miller Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.20%. The ex-dividend date was Monday, June 3rd. Miller Industries’s dividend payout ratio (DPR) is 13.26%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Miller Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 12th.

Miller Industries Company Profile

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.