What is DA Davidson’s Forecast for MLR Q1 Earnings?

Miller Industries, Inc. (NYSE:MLR) – DA Davidson issued their Q1 2025 earnings estimates for Miller Industries in a research report issued to clients and investors on Monday, March 10th. DA Davidson analyst M. Shlisky expects that the auto parts company will earn $0.60 per share for the quarter. DA Davidson has a “Buy” rating and a $82.00 price target on the stock. The consensus estimate for Miller Industries’ current full-year earnings is $5.68 per share. DA Davidson also issued estimates for Miller Industries’ FY2026 earnings at $4.59 EPS.

Separately, StockNews.com lowered shares of Miller Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Miller Industries Price Performance

MLR opened at $46.30 on Tuesday. The company’s 50-day moving average price is $62.68 and its 200 day moving average price is $64.68. Miller Industries has a fifty-two week low of $41.38 and a fifty-two week high of $78.25. The firm has a market cap of $529.60 million, a price-to-earnings ratio of 7.68 and a beta of 0.96. The company has a quick ratio of 1.46, a current ratio of 2.12 and a debt-to-equity ratio of 0.16.

Institutional Investors Weigh In On Miller Industries

Several large investors have recently made changes to their positions in the company. R Squared Ltd bought a new position in shares of Miller Industries in the fourth quarter valued at approximately $36,000. CANADA LIFE ASSURANCE Co bought a new position in shares of Miller Industries in the fourth quarter valued at approximately $85,000. KLP Kapitalforvaltning AS bought a new position in shares of Miller Industries in the fourth quarter valued at approximately $137,000. LSV Asset Management bought a new position in shares of Miller Industries in the fourth quarter valued at approximately $176,000. Finally, Aquatic Capital Management LLC boosted its holdings in shares of Miller Industries by 75.9% in the fourth quarter. Aquatic Capital Management LLC now owns 2,814 shares of the auto parts company’s stock valued at $184,000 after acquiring an additional 1,214 shares in the last quarter. Institutional investors and hedge funds own 79.24% of the company’s stock.

Miller Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be paid a $0.20 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.80 annualized dividend and a dividend yield of 1.73%. This is a positive change from Miller Industries’s previous quarterly dividend of $0.19. Miller Industries’s dividend payout ratio (DPR) is presently 14.57%.

Miller Industries Company Profile

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.