Miller Industries, Inc. (MLR)

NYSE: MLR · Real-Time Price · USD
73.88
-0.43 (-0.58%)
Dec 3, 2024, 12:52 PM EST - Market open
-0.58%
Market Cap 845.13M
Revenue (ttm) 1.33B
Net Income (ttm) 69.66M
Shares Out 11.44M
EPS (ttm) 6.02
PE Ratio 12.27
Forward PE 12.63
Dividend $0.76 (1.03%)
Ex-Dividend Date Dec 2, 2024
Volume 25,424
Open 74.31
Previous Close 74.31
Day's Range 73.21 - 74.72
52-Week Range 38.33 - 78.25
Beta 0.98
Analysts Strong Buy
Price Target 82.00 (+10.99%)
Earnings Date Nov 12, 2024

About MLR

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 pr... [Read more]

Industry Auto Parts
IPO Date Aug 2, 1994
Employees 1,821
Stock Exchange NYSE
Ticker Symbol MLR
Full Company Profile

Financial Performance

In 2023, Miller Industries's revenue was $1.15 billion, an increase of 35.94% compared to the previous year's $848.46 million. Earnings were $58.29 million, an increase of 186.50%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MLR stock is "Strong Buy" and the 12-month stock price forecast is $82.0.

Price Target
$82.0
(10.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Miller Industries: The Meteoric Rise Continues

Miller Industries, a leading global producer of towing and recovery equipment, has shown significant stock performance, with shares up 151.9% since my "buy" rating in March 2022. Despite strong revenu...

10 days ago - Seeking Alpha

Miller Industries to Present and Host 1x1 Investor Meetings at the 16th Annual Southwest IDEAS Investor Conference on November 20th & 21st in Dallas

CHATTANOOGA, Tenn. , Nov. 18, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, today announced that Chief Executive Officer,...

15 days ago - PRNewsWire

Miller Industries to Host 1x1 Investor Meetings at the Raymond James Sonoma Small Cap Summit on November 18th in Sonoma, CA

CHATTANOOGA, Tn. , Nov. 18, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, announced today that Chief Executive Officer, W...

15 days ago - PRNewsWire

Miller Industries, Inc. (MLR) Q3 2024 Earnings Call Transcript

Miller Industries, Inc. (NYSE:MLR) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Mike Gaudreau - FTI Consulting Will Miller - President, CEO & Director Deborah W...

19 days ago - Seeking Alpha

MILLER INDUSTRIES REPORTS 2024 THIRD QUARTER RESULTS

CHATTANOOGA, Tenn. , Nov. 12, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2024.

20 days ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON TUESDAY NOVEMBER 12, 2024

CHATTANOOGA, Tenn. , Nov. 11, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) has revised the date of its earnings announcement and intends to release its results for the Third Quarter ended ...

22 days ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON WEDNESDAY NOVEMBER 13, 2024

CHATTANOOGA, Tenn. , Nov. 6, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Third Quarter ended September 30, 2024, on Wednesday, November 13, 2024, af...

26 days ago - PRNewsWire

Miller Industries Inc (MLR) Stock Price Up 4.6% on Oct 2

Shares of Miller Industries Inc (MLR, Financial) surged 4.60% in mid-day trading on Oct 2. The stock reached an intraday high of $63.90, before settling at $62.62, up from its previous close of $59.86...

2 months ago - GuruFocus

Miller Industries Faces Ongoing Activist Investor Campaign, Analyst Adds Tow Truck Company To STAMPEDE List

Shares of Miller Industries Inc. have risen almost 48% year to date. The company has been added to the STAMPEDE list due to the ongoing activism campaign, according to DA Davidson.

2 months ago - Benzinga

Miller Industries to Host 1x1 Investor Meetings at the 23rd Annual D.A. Davidson Diversified Industrials & Services Conference on September 19th in Nashville, TN

CHATTANOOGA, Tenn. , Sept. 19, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, announced today that Chief Executive Officer...

2 months ago - PRNewsWire

Miller Industries Is Starting To Pay Attention To Investors

Miller Industries is a leading manufacturer of tow trucks with a variety of brands. The company's revenue and earnings have rebounded since the pandemic. Despite low valuation ratios, MLR is financial...

3 months ago - Seeking Alpha

Miller Industries: Shares Can Keep Moving Higher

Miller Industries has seen some nice market-beating performance over an extended window of time. Recently, the company's revenue and profitability have surged, with net income growing from $14.9 milli...

3 months ago - Seeking Alpha

Miller Industries, Inc. (MLR) Q2 2024 Earnings Call Transcript

Miller Industries, Inc. (NYSE:MLR) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief ...

4 months ago - Seeking Alpha

MILLER INDUSTRIES REPORTS 2024 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn. , Aug. 7, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the second quarter ended June 30, 202...

4 months ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE SECOND QUARTER 2024 RESULTS ON WEDNESDAY AUGUST 7, 2024

CHATTANOOGA, Tenn. , July 31, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Second Quarter ended June 30, 2024, on Wednesday, August 7, 2024, after ma...

4 months ago - PRNewsWire

Miller Industries, Inc. (MLR) Q1 2024 Earnings Call Transcript

Miller Industries, Inc. (NYSE:MLR) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief Exec...

7 months ago - Seeking Alpha

MILLER INDUSTRIES REPORTS 2024 FIRST QUARTER RESULTS

CHATTANOOGA, Tenn. , May 8, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the first quarter ended March 31, 2024...

7 months ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE FIRST QUARTER 2024 RESULTS ON WEDNESDAY MAY 8, 2024

CHATTANOOGA, Tenn. , May 1, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the First Quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market ...

7 months ago - PRNewsWire

MILLER INDUSTRIES BOARD AUTHORIZES NEW SHARE REPURCHASE PROGRAM

CHATTANOOGA, Tenn. , April 2, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced that its Board of Directors has authorized a $25.0 million...

8 months ago - PRNewsWire

MILLER INDUSTRIES ISSUES STATEMENT IN RESPONSE TO SHAREHOLDER LETTER

CHATTANOOGA, Tenn., March 21, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company"), the World's Largest Manufacturer of Towing and Recovery Equipment, today ...

9 months ago - PRNewsWire

Advisory Research Sends Letter to Miller Industries' Board of Directors Regarding Opportunities to Enhance Shareholder Value

CHICAGO--(BUSINESS WIRE)--Advisory Research, Inc., which owns approximately 3.25% of Miller Industries' (NYSE: MLR) (“Miller” or the “Company”) outstanding shares, today sent the below letter to the C...

9 months ago - Business Wire

Miller Industries, Inc. (MLR) Q4 2023 Earnings Call Transcript

Miller Industries, Inc. (NYSE:MLR) Q4 2023 Earnings Conference Call March 7, 2024 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief E...

9 months ago - Seeking Alpha

MILLER INDUSTRIES REPORTS 2023 FOURTH QUARTER AND FULL YEAR RESULTS

CHATTANOOGA, Tenn. , March 6, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the fourth quarter and full year end...

9 months ago - PRNewsWire

MILLER INDUSTRIES BOARD INCREASES DIVIDEND

CHATTANOOGA, Tenn. , March 6, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") the World's Largest Manufacturer of Towing and Recovery Equipment, today d...

9 months ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2023 RESULTS ON WEDNESDAY MARCH 6, 2024

CHATTANOOGA, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter and Full Year ended December 31, 2023, on Wednesday, March ...

9 months ago - PRNewsWire