Miller Industries (MLR) to Post Quarterly Earnings on Wednesday

Miller Industries (NYSE:MLR) is anticipated to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Miller Industries to post earnings of $0.3650 per share and revenue of $210.80 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Miller Industries (NYSE:MLR) last released its earnings results on Wednesday, May 6th. The auto parts company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.17). Miller Industries had a net margin of 2.08% and a return on equity of 3.70%. The company had revenue of $180.86 million for the quarter, compared to the consensus estimate of $181.10 million. 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 Down 2.1%

NYSE:MLR traded down $1.10 during midday trading on Wednesday, hitting $50.18. 872 shares of the company traded hands, compared to its average volume of 75,397. The firm has a market capitalization of $572.05 million, a P/E ratio of 37.66 and a beta of 1.10. The firm’s fifty day moving average is $49.21 and its 200-day moving average is $46.20. Miller Industries has a 12-month low of $33.81 and a 12-month high of $52.93. The company has a current ratio of 2.98, a quick ratio of 1.78 and a debt-to-equity ratio of 0.05.

Miller Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Monday, June 1st were given a dividend of $0.21 per share. The ex-dividend date was Monday, June 1st. This represents a $0.84 dividend on an annualized basis and a yield of 1.7%. Miller Industries’s payout ratio is 62.69%.

Institutional Trading of Miller Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Miller Industries by 22.0% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 566,171 shares of the auto parts company’s stock valued at $22,885,000 after purchasing an additional 101,973 shares during the period. Goldman Sachs Group Inc. boosted its position in Miller Industries by 64.9% in 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 buying an additional 112,925 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Miller Industries by 19.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 205,372 shares of the auto parts company’s stock valued at $7,675,000 after buying an additional 33,966 shares during the period. Millennium Management LLC grew its stake in Miller Industries by 61.8% in the 4th quarter. Millennium Management LLC now owns 157,016 shares of the auto parts company’s stock worth $5,868,000 after acquiring an additional 59,963 shares in the last quarter. Finally, Invenomic Capital Management LP increased its position in shares of Miller Industries by 0.7% during the fourth quarter. Invenomic Capital Management LP now owns 110,707 shares of the auto parts company’s stock worth $4,137,000 after acquiring an additional 807 shares during the period. Hedge funds and other institutional investors own 79.24% of the company’s stock.

Analyst Ratings Changes

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

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.