Miller Industries (MLR) Expected to Release Earnings on Wednesday

Miller Industries (NYSE:MLR) is expected to announce its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.3650 per share and revenue of $210.80 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Miller Industries (NYSE:MLR) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.17). Miller Industries had a return on equity of 3.70% and a net margin of 2.08%.The business had revenue of $180.86 million for the quarter, compared to the consensus estimate of $181.10 million. On average, analysts expect Miller Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Miller Industries Trading Up 0.2%

NYSE:MLR opened at $50.42 on Monday. Miller Industries has a one year low of $33.81 and a one year high of $52.93. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.78 and a current ratio of 2.98. The firm has a market cap of $574.85 million, a P/E ratio of 37.63 and a beta of 1.11. The firm has a 50-day simple moving average of $49.44 and a 200-day simple moving average of $46.42.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MLR. DA Davidson lifted their price objective on shares of Miller Industries from $53.00 to $56.00 and gave the company a “buy” rating in a report on Monday, May 11th. Zacks Research upgraded Miller Industries from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Miller Industries in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.00.

Institutional Trading of Miller Industries

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in shares of Miller Industries by 66.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 824 shares of the auto parts company’s stock worth $37,000 after buying an additional 329 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Miller Industries by 736.0% during the third quarter. Russell Investments Group Ltd. now owns 1,137 shares of the auto parts company’s stock valued at $46,000 after acquiring an additional 1,001 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Miller Industries in the second quarter valued at approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Miller Industries in the third quarter valued at approximately $159,000. Finally, Strs Ohio purchased a new position in Miller Industries in the first quarter worth $182,000. 79.24% of the stock is owned by hedge funds and other institutional investors.

Miller Industries Company Profile

Miller Industries, Inc is a leading designer, engineer and manufacturer of towing and recovery vehicles and related equipment. The company’s product portfolio includes light-, medium- and heavy-duty tow trucks, integrated carriers, rotators, wreckers, trailers and associated hydraulic and electronic components. These products are marketed under well-known brand names, including Miller, Century, Holmes, Vulcan, Chevron and Jige International, serving a broad spectrum of customers in the towing, recovery, roadside assistance and vehicle transport industries.

Headquartered in Ooltewah, Tennessee, Miller Industries was founded in the early 1990s and has grown into a global supplier of towing and recovery solutions.