Sidoti Issues Pessimistic Estimate for MillerKnoll Earnings

MillerKnoll, Inc. (NASDAQ:MLKN) – Research analysts at Sidoti dropped their FY2027 earnings per share (EPS) estimates for shares of MillerKnoll in a research note issued to investors on Thursday, March 26th. Sidoti analyst G. Burns now expects that the company will post earnings of $1.99 per share for the year, down from their prior forecast of $2.31. The consensus estimate for MillerKnoll’s current full-year earnings is $2.12 per share. Sidoti also issued estimates for MillerKnoll’s FY2028 earnings at $2.38 EPS.

Several other analysts also recently issued reports on MLKN. Zacks Research downgraded shares of MillerKnoll from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Weiss Ratings restated a “sell (d+)” rating on shares of MillerKnoll in a report on Monday, December 29th. William Blair initiated coverage on shares of MillerKnoll in a research note on Tuesday, February 10th. They issued an “outperform” rating on the stock. Finally, Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

MillerKnoll Price Performance

Shares of NASDAQ:MLKN opened at $15.02 on Monday. The company has a quick ratio of 0.92, a current ratio of 1.64 and a debt-to-equity ratio of 0.96. MillerKnoll has a twelve month low of $13.77 and a twelve month high of $23.18. The stock’s 50 day moving average is $20.04 and its 200-day moving average is $18.15. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 107.29, a PEG ratio of 0.69 and a beta of 1.31.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings results on Wednesday, March 25th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.02). MillerKnoll had a return on equity of 10.11% and a net margin of 0.28%.The firm had revenue of $926.60 million during the quarter, compared to the consensus estimate of $941.95 million. During the same quarter in the previous year, the company posted $0.44 EPS. The firm’s revenue was up 5.7% on a year-over-year basis.

MillerKnoll Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Saturday, February 28th will be issued a dividend of $0.1875 per share. The ex-dividend date is Friday, February 27th. This represents a $0.75 annualized dividend and a yield of 5.0%. MillerKnoll’s dividend payout ratio is 535.71%.

Hedge Funds Weigh In On MillerKnoll

Several large investors have recently bought and sold shares of MLKN. Vanguard Group Inc. grew its stake in shares of MillerKnoll by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 8,550,194 shares of the company’s stock worth $156,298,000 after acquiring an additional 623,035 shares in the last quarter. Deprince Race & Zollo Inc. raised its holdings in shares of MillerKnoll by 27.2% in the fourth quarter. Deprince Race & Zollo Inc. now owns 2,530,994 shares of the company’s stock valued at $46,267,000 after purchasing an additional 541,638 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of MillerKnoll by 755.0% during the fourth quarter. SG Americas Securities LLC now owns 478,727 shares of the company’s stock valued at $8,751,000 after purchasing an additional 422,735 shares in the last quarter. Wellington Management Group LLP boosted its holdings in MillerKnoll by 46.4% during the fourth quarter. Wellington Management Group LLP now owns 1,305,280 shares of the company’s stock worth $23,861,000 after purchasing an additional 413,531 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in MillerKnoll by 81.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 798,349 shares of the company’s stock worth $15,504,000 after purchasing an additional 358,886 shares during the last quarter. 87.50% of the stock is currently owned by institutional investors.

Key Stories Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Neutral Sentiment: Q3 results: revenue rose ~5.7% year‑over‑year but the company missed estimates (reported adjusted EPS $0.43 vs. $0.45 expected; revenue $926.6M vs. $941.95M expected). Official results and release. PR Newswire: Q3 Results
• Neutral Sentiment: Sidoti published out‑year model updates (quarterly EPS estimates through FY2028) — these provide new analyst visibility but are forward estimates rather than firm guidance.
• Negative Sentiment: Analyst cuts: Sidoti reduced several near‑term quarter estimates and trimmed FY2026 EPS to $1.84 from $1.94, lowering Q4‑2026, Q1‑Q3‑2027 and other quarter forecasts — a concrete downgrade to near‑term earnings expectations. MarketBeat: MLKN
• Negative Sentiment: Geopolitical & weather risks: management singled out the Iran war (and weather) as pressuring the company’s outlook and margins — this guidance risk is being priced into the stock. Investopedia: Iran war impact
• Negative Sentiment: Shareholder litigation risk: Holzer & Holzer and Johnson Fistel announced investigations into MillerKnoll following the earnings miss and outlook concerns — potential legal overhang for the stock. GlobeNewswire: Holzer & Holzer GlobeNewswire: Johnson Fistel
• Negative Sentiment: Market reaction: investors sold after the print and guidance, producing a sharp share decline and elevated volume as media coverage highlighted the earnings miss and guidance risk. Investing.com: Shares plunge

MillerKnoll Company Profile

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.