Miller Industries (MLR) Expected to Announce Quarterly Earnings on Wednesday

Miller Industries (NYSE:MLR) is anticipated to issue its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $181.10 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Miller Industries (NYSE:MLR) last posted its quarterly earnings data on Wednesday, March 4th. The auto parts company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.26. The company had revenue of $171.92 million during the quarter, compared to the consensus estimate of $164.20 million. Miller Industries had a net margin of 2.92% and a return on equity of 5.52%. On average, analysts expect Miller Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Miller Industries Price Performance

Shares of NYSE MLR opened at $47.83 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.22 and a quick ratio of 1.87. The business has a 50-day moving average of $45.50 and a 200-day moving average of $41.77. The stock has a market capitalization of $543.87 million, a price-to-earnings ratio of 24.16 and a beta of 1.13. Miller Industries has a fifty-two week low of $33.81 and a fifty-two week high of $49.23.

Miller Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 16th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.8%. This is a boost from Miller Industries’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, March 16th. Miller Industries’s payout ratio is currently 42.42%.

Institutional Trading of Miller Industries

Several institutional investors and hedge funds have recently bought and sold shares of MLR. AQR Capital Management LLC boosted its stake in shares of Miller Industries by 41.9% during the 1st quarter. AQR Capital Management LLC now owns 13,019 shares of the auto parts company’s stock worth $552,000 after acquiring an additional 3,846 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Miller Industries by 4.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,624 shares of the auto parts company’s stock valued at $281,000 after acquiring an additional 312 shares during the period. Millennium Management LLC raised its stake in Miller Industries by 855.1% in the 1st quarter. Millennium Management LLC now owns 156,930 shares of the auto parts company’s stock valued at $6,649,000 after acquiring an additional 140,500 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Miller Industries by 64.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 286,984 shares of the auto parts company’s stock valued at $12,160,000 after purchasing an additional 112,925 shares during the last quarter. Finally, Strs Ohio acquired a new stake in Miller Industries during the 1st quarter valued at $182,000. Institutional investors own 79.24% of the company’s stock.

Analyst Upgrades and Downgrades

MLR has been the topic of several recent analyst reports. DA Davidson boosted their price target on Miller Industries from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Loop Capital set a $44.00 price objective on Miller Industries in a report on Monday, March 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Miller Industries in a research note on Friday, March 27th. Finally, Zacks Research downgraded shares of Miller Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $48.50.

Miller Industries Company Profile

Miller Industries, Inc is a leading designer, engineer and manufacturer of towing and recovery vehicles and related equipment. The company’s product portfolio includes light-, medium- and heavy-duty tow trucks, integrated carriers, rotators, wreckers, trailers and associated hydraulic and electronic components. These products are marketed under well-known brand names, including Miller, Century, Holmes, Vulcan, Chevron and Jige International, serving a broad spectrum of customers in the towing, recovery, roadside assistance and vehicle transport industries.

Headquartered in Ooltewah, Tennessee, Miller Industries was founded in the early 1990s and has grown into a global supplier of towing and recovery solutions.