Miller Industries (MLR) to Release Quarterly Earnings on Wednesday

Miller Industries (NYSE:MLR) is scheduled to be releasing its earnings data after the market closes on Wednesday, August 7th.

Miller Industries (NYSE:MLR) last released its quarterly earnings data on Wednesday, May 8th. The auto parts company reported $1.47 earnings per share for the quarter. The company had revenue of $349.87 million for the quarter. Miller Industries had a return on equity of 19.46% and a net margin of 5.41%.

Miller Industries Price Performance

Miller Industries stock opened at $67.94 on Thursday. The company has a market capitalization of $779.27 million, a PE ratio of 11.86 and a beta of 0.97. The company has a current ratio of 2.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $58.95 and a two-hundred day moving average price of $51.72. Miller Industries has a 12 month low of $34.96 and a 12 month high of $69.75.

Miller Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Monday, June 3rd were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 1.12%. Miller Industries’s payout ratio is 13.26%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Miller Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, July 12th.

About Miller Industries

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.