MillerKnoll (NASDAQ:MLKN) Updates Q4 2026 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its fourth quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.490-0.550 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $955.0 million-$995.0 million, compared to the consensus revenue estimate of $974.4 million.

MillerKnoll Stock Down 6.8%

NASDAQ MLKN opened at $15.08 on Monday. MillerKnoll has a 52 week low of $13.77 and a 52 week high of $23.18. The company has a quick ratio of 0.92, a current ratio of 1.64 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $1.03 billion, a P/E ratio of 106.83, a price-to-earnings-growth ratio of 0.74 and a beta of 1.41. The stock’s 50-day moving average price is $15.98 and its 200-day moving average price is $17.67.

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 analysts’ consensus estimates of $0.45 by ($0.02). MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The company had revenue of $926.60 million during the quarter, compared to the consensus estimate of $941.95 million. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. On average, equities research analysts predict that MillerKnoll will post 1.83 earnings per share for the current year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Saturday, May 30th will be issued a $0.1875 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.0%. MillerKnoll’s dividend payout ratio (DPR) is currently 535.71%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MLKN. William Blair assumed coverage on shares of MillerKnoll in a research note on Tuesday, February 10th. They issued an “outperform” rating for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of MillerKnoll in a report on Friday, April 24th. Finally, Zacks Research raised shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Trading of MillerKnoll

Hedge funds and other institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. raised its holdings in shares of MillerKnoll by 36.5% during 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 period. Johnson Financial Group Inc. purchased a new position in MillerKnoll during the third quarter worth about $72,000. Canada Pension Plan Investment Board acquired a new position in MillerKnoll in the 2nd quarter valued at about $82,000. Rexford Capital Inc. boosted its holdings in MillerKnoll by 17.0% in the 4th quarter. Rexford Capital Inc. now owns 5,500 shares of the company’s stock valued at $101,000 after purchasing an additional 800 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of MillerKnoll by 21.1% in the 4th quarter. Royal Bank of Canada now owns 6,446 shares of the company’s stock valued at $118,000 after buying an additional 1,123 shares during the period. 87.50% of the stock is owned by institutional investors and hedge funds.

About MillerKnoll

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.