Miller Industries (MLR) Given News Impact Rating of 0.12
News articles about Miller Industries (NYSE:MLR) have been trending somewhat positive recently, Alpha One Sentiment Analysis reports. Alpha One, a subsidiary of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Miller Industries earned a media sentiment score of 0.12 on Alpha One’s scale. Alpha One also gave headlines about the auto parts company an impact score of 100 out of 100, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Miller Industries (NYSE MLR) remained flat at $25.50 on Friday. 56,690 shares of the stock traded hands. The stock has a market capitalization of $289.45 million, a PE ratio of 14.25 and a beta of 0.61. The stock’s 50 day moving average price is $25.41 and its 200 day moving average price is $25.61. Miller Industries has a 1-year low of $19.86 and a 1-year high of $28.85.
Miller Industries (NYSE:MLR) last released its earnings results on Wednesday, May 3rd. The auto parts company reported $0.34 earnings per share (EPS) for the quarter. Miller Industries had a return on equity of 11.09% and a net margin of 3.39%. The company had revenue of $148.93 million for the quarter.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 20th. Investors of record on Tuesday, June 13th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Friday, June 9th. Miller Industries’s dividend payout ratio is currently 40.22%.
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In related news, CEO Jeffrey I. Badgley sold 6,428 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The stock was sold at an average price of $25.56, for a total value of $164,299.68. Following the sale, the chief executive officer now owns 15,000 shares in the company, valued at approximately $383,400. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William G. Miller II sold 24,500 shares of the company’s stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $25.66, for a total value of $628,670.00. Following the completion of the sale, the chief executive officer now owns 24,500 shares in the company, valued at approximately $628,670. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,928 shares of company stock worth $844,650. Insiders own 4.24% of the company’s stock.
Miller Industries Company Profile
Miller Industries, Inc is a manufacturer of towing and recovery equipment. The Company manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. It has domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France and the United Kingdom.
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