Miller Industries, Inc.

MLR · NYSE

Market closed$49.64$-0.900000 (-1.78%)After hours $49.72 · +0.16%

Key statistics

Previous close$50.54
Open$51.49
Day high$51.49
Day low$49.44
52-week high$52.93
52-week low$33.81
Market cap565.68M
Volume57.12K
Average volume83.13K
P/E ratio37.04
Forward P/E
EPS1.34
Dividend yield+1.65%

Market context

Why it moved

MLR shares declined amid a lack of company-specific catalysts, with broader sector pressure and thin trading volume likely contributing to the pullback from the previous close.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Miller Industries shares rose, breaking above their 200-day moving average for the first time in recent months, as positive technical momentum combined with a favorable macro backdrop supported the move. The company continues to navigate a mixed fundamental picture — Q1 2026 revenue fell 19.8% year-over-year and EPS of $0.05 badly missed the $0.22 consensus — but analyst sentiment has shown incremental improvement, with DA Davidson maintaining a Buy rating and a $56 price target. Zacks also upgraded the stock from Strong Sell to Hold last week. The broader consumer cyclical sector faced headwinds from elevated oil prices and tech-driven market volatility, though softer CPI data earlier in the week provided some macro relief.

2.5985

July 16, 2026Miller Industries edged modestly higher, closing up roughly 0.5% in a session where the broader S&P 500 and consumer cyclical sector (XLY) also posted gains, supported by a softer-than-expected June CPI report that eased Federal Reserve rate-hike fears. Company-specific coverage highlighted Miller's mix of opportunity and caution: Q1 2026 results showed softer revenue and profit with pressured margins, yet management's continued dividends and share buybacks signal confidence. The narrative around aging vehicle fleets and the company's towing and recovery equipment niche remains a longer-term tailwind, even as near-term execution and contract timing weigh on sentiment.

0.4896

July 14, 2026Miller Industries edged up modestly, outperforming the broader consumer cyclical sector as the XLY ETF held relatively steady amid a market recovery fueled by a cooler-than-expected June CPI print. The towing and recovery equipment maker continues to navigate a mixed backdrop: Q1 2026 results reflected softer revenue and compressed margins, yet management has maintained dividends and buybacks signaling confidence. Broader macro relief from easing inflation provided a mild tailwind, though Iran-driven oil price volatility and Fed rate uncertainty remain headwinds for the auto parts and equipment space.

0.4508

July 14, 2026Miller Industries closed modestly lower, edging down alongside broader consumer cyclical weakness as U.S.-Iran tensions rattled equity markets, sending oil prices surging over 5% and weighing on sentiment across the sector. The towing and recovery equipment maker, which reported softer Q1 2026 revenue and margins, continues to trade at a discount to peers; management's ongoing dividends and buybacks signal confidence, while the narrative around aging vehicle fleets and complex repairs provides a longer-term tailwind for the business.

-0.3878

July 11, 2026Miller Industries closed modestly higher, outperforming the broader consumer cyclical sector (XLY +0.43% in after-hours) as the S&P 500 edged up 0.42% on the session. The gain comes amid a mixed backdrop for the auto parts space, with ongoing consolidation chatter around O'Reilly and Genuine Parts keeping the sector in focus. Analyst sentiment on Miller remains cautiously constructive — recent price target raises to $56 and earnings growth forecasts of ~36% annually are offset by concerns over Q1 2026's 19.8% revenue decline, margin compression, and macro headwinds, with the Omars acquisition and a $100M facility expansion cited as key long-term catalysts.

1.5337

July 10, 2026Miller Industries edged up modestly on Wednesday, outperforming a volatile consumer cyclical sector as geopolitical turbulence dominated broader market sentiment. President Trump's declaration that the U.S.-Iran ceasefire was "over" sent oil prices surging and reignited inflation fears, pressuring discretionary stocks broadly — though MLR's domestic manufacturing focus and towing/recovery equipment niche insulated it somewhat. Quant signals flagged near-term sentiment as weak with support levels being tested, while a recent industry note highlighted the company's U.S. supply chain concentration as a potential differentiator amid tariff and domestic content scrutiny, even as weaker recent earnings and margin pressure remain investor concerns heading into the Q2 earnings season.

0.6466

July 8, 2026Miller Industries closed modestly higher, edging up against a difficult macro backdrop as geopolitical tensions rattled broader markets. Trump's declaration that the U.S.-Iran interim peace agreement was 'over' sent oil prices surging over 5% and triggered a broad risk-off selloff, yet Miller Industries — a domestic manufacturer of towing and recovery equipment with a supply chain concentrated in the U.S. — held its ground. Investor interest in MLR has been framed around the tension between near-term earnings pressure and longer-term potential, supported by buybacks, a regular dividend, and analyst expectations for higher future earnings.

0.2929

July 6, 2026Miller Industries edged up modestly, closing nearly flat as institutional interest remains a talking point following Azarias Capital's expanded stake in the towing equipment manufacturer. A recent analysis highlights the company's strategic positioning at the intersection of U.S. supply chain concentration, defense logistics, and everyday towing demand — though near-term headwinds including weaker recent earnings and regulatory hurdles like Advanced Clean Truck rules temper enthusiasm. The broader auto parts sector faces mixed Q2 estimate revisions, while Wall Street's risk-on tone — driven by a semiconductor rebound — provided limited uplift for small-cap industrials like MLR.

0.3469

MarketBeat · July 16, 2026Miller Industries (NYSE:MLR) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?Seeking Alpha · June 3, 2026Miller Industries: Even With Growth On The Horizon, Conditions Justify Caution (NYSE:MLR)Investing.com · May 7, 2026Miller Industries Q1 2026 slides: earnings miss amid geopolitical pressuresFinansavisen · May 6, 2026MILLER INDUSTRIES REPORTS 2026 FIRST QUARTER RESULTSStock Titan · April 29, 2026Miller Industries sets May 7 webcast after Q1 results on May 6Pluang · April 29, 2026Miller Industries to report Q1 2026 earnings on May 6, with a conference call on May 7.
Benzinga · May 11, 2026DA Davidson Maintains Buy on Miller Industries, Raises Price Target to $56
Benzinga · May 6, 2026Miller Industries Affirms FY2026 Sales Guidance of $850.000M-$900.000M vs $865.650M Est
Benzinga · May 6, 2026Miller Industries Q1 EPS $0.05 Misses $0.27 Estimate, Sales $180.863M Miss $181.100M Estimate
Benzinga · March 9, 2026DA Davidson Maintains Buy on Miller Industries, Raises Price Target to $53
Mt Newswire · March 4, 2026Miller Industries Q4 Earnings, Net Sales Decline; Quarterly Dividend Increased
Benzinga · March 4, 2026Miller Industries Sees FY2026 Sales $850.000M-$900.000M vs $970.650M Est
Benzinga · March 4, 2026Miller Industries Q4 Earnings Report: What Investors Need to Know
Benzinga · March 3, 2026Insights into Miller Industries's Upcoming Earnings

Peers