How to buy Miller Industries stock (MLR)

Miller Industries is an auto parts business based in the US. Miller Industries shares (MLR) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $67.04 – a decrease of 6.11% over the previous week. Miller Industries employs 1,805 staff and has a trailing 12-month revenue of around $1.3 billion.

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Miller Industries stock price (NYSE: MLR)

Use our graph to track the performance of MLR stocks over time.

Miller Industries shares at a glance

• Key figures

Information last updated 2024-12-15.

Latest market close	$67.04
52-week range	$37.83 - $78.05
50-day moving average more info button	$63.43
200-day moving average more info button	$56.25
Wall St. target price	$78.00
PE ratio more info button	N/A
Dividend yield more info button	$0.76 (0.99%)
Earnings per share (TTM) more info button	$5.58

Is it a good time to buy Miller Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Miller Industries price performance over time

Historical closes compared with the close of $67.17 from 2024-12-19

1 week (2024-12-13)	-5.92%
1 month (2024-11-21)	-0.12%
3 months (2024-09-20)	9.22%
6 months (2024-06-21)	19.95%

1 year (2023-12-21)	58.31%
2 years (2022-12-21)	155.24%
3 years (2021-12-21)	121.96%
5 years (2019-12-20)	101.08%

Is Miller Industries stock undervalued or overvalued?

Valuing Miller Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Miller Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Miller Industries's EBITDA

Miller Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $106.7 million.

The EBITDA is a measure of a Miller Industries's overall financial performance and is widely used to measure a its profitability.

Miller Industries financials

Revenue TTM	$1.3 billion
Operating margin TTM	6.37%
Gross profit TTM	$82.4 million
Return on assets TTM	8.61%
Return on equity TTM	19.15%
Profit margin	5.23%
Book value	$34.55
Market Capitalization more info button	$877.7 million

TTM: trailing 12 months

Miller Industries share dividends

Dividend payout ratio: 12.43% of net profits

Recently Miller Industries has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Miller Industries shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Miller Industries's case, that would currently equate to about $0.76 per share.

While Miller Industries's payout ratio might seem low, this can signify that Miller Industries is investing more in its future growth.

Miller Industries's most recent dividend payout was on 15 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2024 (the "ex-dividend date").

Have Miller Industries's shares ever split?

Miller Industries's shares were split on a 1:5 basis on 30 September 2001 . So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Miller Industries shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Miller Industries shares which in turn could have impacted Miller Industries's share price.

Miller Industries share price volatility

Over the last 12 months, Miller Industries's shares have ranged in value from as little as $37.8341 up to $78.048. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Miller Industries's is 0.955. This would suggest that Miller Industries's shares are less volatile than average (for this exchange).

Miller Industries overview

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. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities.

Frequently asked questions

What percentage of Miller Industries is owned by insiders or institutions?
Currently 4.321% of Miller Industries shares are held by insiders and 86.143% by institutions. How many people work for Miller Industries?
Latest data suggests 1,805 work at Miller Industries. When does the fiscal year end for Miller Industries?
Miller Industries's fiscal year ends in December. Where is Miller Industries based?
Miller Industries's address is: 8503 Hilltop Drive, Ooltewah, TN, United States, 37363 What is Miller Industries's ISIN number?
Miller Industries's international securities identification number is: US6005512040 What is Miller Industries's CUSIP number?
Miller Industries's Committee on Uniform Securities Identification Procedures number is: 600551105