What is Sidoti’s Forecast for MillerKnoll FY2026 Earnings?

MillerKnoll, Inc. (NASDAQ:MLKN) – Equities research analysts at Sidoti lowered their FY2026 EPS estimates for shares of MillerKnoll in a research report issued to clients and investors on Thursday, March 26th. Sidoti analyst G. Burns now expects that the company will post earnings of $1.84 per share for the year, down from their prior estimate of $1.94. The consensus estimate for MillerKnoll’s current full-year earnings is $2.12 per share. Sidoti also issued estimates for MillerKnoll’s Q4 2026 earnings at $0.52 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.64 EPS, Q1 2028 earnings at $0.50 EPS, Q2 2028 earnings at $0.61 EPS and Q3 2028 earnings at $0.55 EPS.

MillerKnoll (NASDAQ:MLKN) last posted its 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 company had revenue of $926.60 million for the quarter, compared to analysts’ expectations of $941.95 million. During the same quarter in the prior year, the company earned $0.44 EPS. The company’s revenue was up 5.7% on a year-over-year basis.

A number of other brokerages have also recently commented on MLKN. William Blair initiated coverage on MillerKnoll in a research report on Tuesday, February 10th. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MillerKnoll in a research report on Monday, December 29th. Zacks Research cut MillerKnoll from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Wall Street Zen downgraded 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, MillerKnoll has an average rating of “Hold”.

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $15.02 on Friday. MillerKnoll has a 52-week low of $13.77 and a 52-week high of $23.18. The business’s fifty day moving average is $20.04 and its 200 day moving average is $18.16. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 107.29, a PEG ratio of 0.68 and a beta of 1.31. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.95 and a current ratio of 1.64.

Institutional Investors Weigh In On MillerKnoll

Several institutional investors and hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in MillerKnoll by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after acquiring an additional 519 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in MillerKnoll in the 4th quarter valued at approximately $46,000. Harbour Investments Inc. boosted its stake in MillerKnoll by 47.7% during the 4th quarter. Harbour Investments Inc. now owns 3,095 shares of the company’s stock valued at $57,000 after purchasing an additional 1,000 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in MillerKnoll during the 3rd quarter valued at $72,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of MillerKnoll in the 2nd quarter worth $82,000. Institutional investors own 87.50% of the company’s stock.

MillerKnoll Dividend Announcement

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

MillerKnoll News Roundup

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.