MillerKnoll (NASDAQ:MLKN) Issues Q2 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.430-0.490 for the period, compared to the consensus earnings per share estimate of 0.460. The company issued revenue guidance of $972.0M-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. MillerKnoll also updated its FY 2027 guidance to 1.850-2.150 EPS.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MLKN. Benchmark upgraded MillerKnoll to a “hold” rating in a research note on Thursday, September 17th. Zacks Research upgraded shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Wall Street Zen lowered shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Finally, Weiss Ratings raised shares of MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

MillerKnoll Stock Performance

Shares of MillerKnoll stock opened at $20.32 on Tuesday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 15.39, a PEG ratio of 0.85 and a beta of 1.36. MillerKnoll has a 52 week low of $13.77 and a 52 week high of $24.71. The company has a quick ratio of 0.90, a current ratio of 1.58 and a debt-to-equity ratio of 0.94. The company has a 50 day moving average price of $22.52 and a 200 day moving average price of $18.88.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.18. The firm had revenue of $923.40 million for the quarter, compared to analyst estimates of $940.93 million. MillerKnoll had a net margin of 2.38% and a return on equity of 9.77%. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q2 2027 guidance at 0.430-0.490 EPS. Sell-side analysts expect that MillerKnoll will post 2.02 EPS for the current year.

MillerKnoll Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Saturday, August 29th will be given a $0.1875 dividend. The ex-dividend date is Friday, August 28th. This represents a $0.75 dividend on an annualized basis and a yield of 3.7%. MillerKnoll’s dividend payout ratio is currently 56.82%.

About MillerKnoll

MillerKnoll, Inc is a global design company that develops, manufactures and sells furnishings and related products for workplace, healthcare, education, hospitality and residential environments. Its portfolio includes furniture for offices and homes, seating, desks, tables, storage systems, lighting, textiles and accessories, as well as products intended to support collaboration and flexible workspaces.

The company operates a collection of design-focused brands, including Herman Miller, Knoll, Design Within Reach, Muuto, HAY, Maharam and Geiger.