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

Miller Industries (NYSE:MLR) will likely be issuing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Miller Industries to announce earnings of $0.3650 per share and revenue of $210.80 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Miller Industries (NYSE:MLR) last announced its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.17). The firm had revenue of $180.86 million for the quarter, compared to analyst estimates of $181.10 million. Miller Industries had a net margin of 2.08% and a return on equity of 3.70%. 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 Trading Up 0.1%

Shares of MLR stock opened at $50.34 on Tuesday. The stock’s fifty day moving average price is $49.51 and its two-hundred day moving average price is $46.49. The company has a market cap of $573.91 million, a PE ratio of 37.57 and a beta of 1.11. Miller Industries has a fifty-two week low of $33.81 and a fifty-two week high of $52.93. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.78 and a current ratio of 2.98.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Zacks Research raised Miller Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Miller Industries in a research note on Wednesday, June 24th. Finally, DA Davidson increased their target price on shares of Miller Industries from $53.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Miller Industries currently has an average rating of “Hold” and an average price target of $50.00.

Institutional Trading of Miller Industries

Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Miller Industries by 66.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 824 shares of the auto parts company’s stock valued at $37,000 after buying an additional 329 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Miller Industries by 736.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,137 shares of the auto parts company’s stock valued at $46,000 after purchasing an additional 1,001 shares during the period. Raymond James Financial Inc. acquired a new stake in Miller Industries during the second quarter worth approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Miller Industries during the third quarter worth approximately $159,000. Finally, Strs Ohio bought a new stake in Miller Industries in the first quarter worth approximately $182,000. Institutional investors own 79.24% of the company’s stock.

About Miller Industries

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.