company background image
MLR logo

Miller Industries NYSE:MLR Stock Report

Last Price

US$48.71

Market Cap

US$557.5m

7D

-3.1%

1Y

42.6%

Updated

30 Apr, 2024

Data

Company Financials

Miller Industries, Inc.

NYSE:MLR Stock Report

Market Cap: US$557.5m

MLR Stock Overview

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment.

MLR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

Miller Industries, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Miller Industries
Historical stock prices
Current Share PriceUS$48.71
52 Week HighUS$53.82
52 Week LowUS$32.48
Beta1.05
1 Month Change-2.77%
3 Month Change21.02%
1 Year Change42.59%
3 Year Change11.85%
5 Year Change49.60%
Change since IPO78.03%

Recent News & Updates

Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now

Jan 30

Recent updates

Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now

Jan 30

Miller Industries: Remains Underfollowed And Undervalued

Jan 24

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Nov 17
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation

Oct 09

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Aug 28
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Aug 13
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: The Market Is Missing This Operating Leverage Story

Jul 22

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Jun 01
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

May 07
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries Still Has Room To Ride

Feb 08

Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Nov 13
Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Miller declares $0.18 dividend

Nov 09

Miller Industries: Bulls Looking For Momentum To Continue (Technical Analysis)

Sep 13

Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 11
Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Miller declares $0.18 dividend

Aug 03

Is Miller Industries A Buy Yet?

Jul 05

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

May 12
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Palm Valley Capital Fund - Miller Industries: A Solid Balance Sheet

Apr 15

Miller Industries: The Risk To Reward Here Is Favorable

Mar 22

Miller Industries: A Move Above $34.50 Confirms The Bottom

Jan 04

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Nov 07
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Miller Industries: Close To Confirming An Intermediate Bottom

Aug 20

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

Aug 08
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

May 23
We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

Temporary Blip For Miller Industries: Keep Buying This Compounder

May 09

Miller reports Q1 results

May 05

Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Mar 29
Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

Mar 07
Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 17
Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Jan 27
Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Miller Industries: Market Leader With 60% Upside, 12.4x P/E Is A Large Discount To The Market

Jan 11

Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Jan 06
Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Why Miller Industries, Inc. (NYSE:MLR) Is A Dividend Rockstar

Dec 16
Why Miller Industries, Inc. (NYSE:MLR) Is A Dividend Rockstar

Should You Buy Miller Industries, Inc. (NYSE:MLR) For Its Upcoming Dividend?

Nov 29
Should You Buy Miller Industries, Inc. (NYSE:MLR) For Its Upcoming Dividend?

Miller Industries: Balance Sheet Trends Point To A Rising Share Price

Nov 18

Shareholder Returns

MLRUS MachineryUS Market
7D-3.1%-3.1%-0.7%
1Y42.6%25.7%22.3%

Return vs Industry: MLR exceeded the US Machinery industry which returned 27.7% over the past year.

Return vs Market: MLR exceeded the US Market which returned 22.8% over the past year.

Price Volatility

Is MLR's price volatile compared to industry and market?
MLR volatility
MLR Average Weekly Movement4.9%
Machinery Industry Average Movement4.9%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MLR has not had significant price volatility in the past 3 months.

Volatility Over Time: MLR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19901,813William Millerwww.millerind.com

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other similar operations.

Miller Industries, Inc. Fundamentals Summary

How do Miller Industries's earnings and revenue compare to its market cap?
MLR fundamental statistics
Market capUS$557.52m
Earnings (TTM)US$58.29m
Revenue (TTM)US$1.15b

9.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MLR income statement (TTM)
RevenueUS$1.15b
Cost of RevenueUS$1.00b
Gross ProfitUS$151.85m
Other ExpensesUS$93.56m
EarningsUS$58.29m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)5.09
Gross Margin13.17%
Net Profit Margin5.05%
Debt/Equity Ratio17.2%

How did MLR perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

14%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.