MillerKnoll (NASDAQ:MLKN) Updates FY 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.850-2.150 for the period, compared to the consensus estimate of 2.020. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion. MillerKnoll also updated its Q2 2027 guidance to 0.430-0.490 EPS.

MillerKnoll Price Performance

MLKN opened at $20.32 on Tuesday. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $24.71. The stock has a 50-day moving average price of $22.52 and a 200-day moving average price of $18.88. The firm has a market cap of $1.40 billion, a PE ratio of 15.39, a P/E/G ratio of 0.85 and a beta of 1.36. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.58 and a quick ratio of 0.90.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings results on Tuesday, September 22nd. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.18. MillerKnoll had a net margin of 2.38% and a return on equity of 9.77%. The company had revenue of $923.40 million during the quarter, compared to the consensus estimate of $940.93 million. 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 predict that MillerKnoll will post 2.02 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

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

Wall Street Analysts Forecast Growth

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

MillerKnoll Company Profile

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.