MillerKnoll (MLKN) Expected to Announce Earnings on Wednesday

MillerKnoll (NASDAQ:MLKN) will likely be issuing its quarterly earnings data after the market closes on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $918.88 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

MillerKnoll Stock Down 2.5 %

Shares of MLKN opened at $18.49 on Monday. The firm has a 50 day simple moving average of $21.46 and a two-hundred day simple moving average of $23.31. The company has a market cap of $1.26 billion, a P/E ratio of 20.32, a P/E/G ratio of 0.89 and a beta of 1.22. MillerKnoll has a one year low of $18.28 and a one year high of $31.73. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99.

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.06%. MillerKnoll’s dividend payout ratio (DPR) is currently 82.42%.

Analyst Ratings Changes

Separately, StockNews.com raised MillerKnoll from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th.

About MillerKnoll

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.