Miller Industries (MLR) Stock Forecast, Price Target & Predictions


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MLR Stock Forecast


Miller Industries stock forecast is as follows: an average price target of $82.00 (represents a 14.00% upside from MLR’s last price of $71.93) and

MLR Price Target


Miller Industries Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 01, 2024Michael ShliskyD.A. Davidson--36.99%14.00%
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The latest Miller Industries stock forecast, released on Oct 01, 2024 by Michael Shlisky from D.A. Davidson, set a price target of $82.00, which represents a 36.99% increase from the stock price at the time of the forecast ($59.86), and a 14.00% increase from MLR last price ($71.93).

Miller Industries Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$82.00$82.00
Last Closing Price$71.93$71.93$71.93
Upside/Downside-100.00%14.00%14.00%

In the current month, the average price target of Miller Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Miller Industries's last price of $71.93. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Miller Industries Financial Forecast


Miller Industries Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Mar 11Mar 10Mar 09Mar 00Mar 99
Revenue------------$282.27M$225.85M$215.54M$169.91M$176.05M$197.21M$159.16M$148.93M$148.81M$126.79M$104.17M$84.95M$94.96M$108.92M$72.30M$58.76M--
Avg Forecast$320.40M$298.50M$388.40M$365.80M$299.90M$359.70M$366.85M$342.55M$290.30M$297.65M$371.45M$496.92M$451.74M$424.26M$410.68M$373.34M$339.40M$308.55M$280.50M$255.00M$231.82M$210.74M$191.58M$174.17M$158.33M$85.30M$55.29M$14.70M$216.17M$169.30M
High Forecast$337.54M$314.47M$409.17M$385.37M$315.94M$378.94M$386.47M$352.70M$314.00M$313.57M$371.45M$596.30M$542.09M$509.11M$492.81M$448.01M$407.28M$370.26M$336.60M$306.00M$278.18M$252.89M$229.90M$209.00M$190.00M$102.36M$66.35M$17.64M$259.40M$203.16M
Low Forecast$303.26M$282.53M$367.63M$346.23M$283.86M$340.46M$347.23M$332.40M$266.60M$281.73M$371.45M$397.53M$361.39M$339.41M$328.54M$298.67M$271.52M$246.84M$224.40M$204.00M$185.45M$168.59M$153.27M$139.33M$126.67M$68.24M$44.23M$11.76M$172.93M$135.44M
# Analysts111111122111314131313121713161513132012815181113
Surprise %------------0.62%0.53%0.52%0.46%0.52%0.64%0.57%0.58%0.64%0.60%0.54%0.49%0.60%1.28%1.31%4.00%--

Miller Industries's average Quarter revenue forecast for Mar 24 based on 13 analysts is $496.92M, with a low forecast of $397.53M, and a high forecast of $596.30M. MLR's average Quarter revenue forecast represents a 76.04% increase compared to the company's last Quarter revenue of $282.27M (Mar 23).

Miller Industries EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Mar 11Mar 10Mar 09Mar 00Mar 99
# Analysts111111122111314131313121713161513132012815181113
EBITDA------------$12.81M$12.92M$5.70M$6.94M$9.73M$14.23M$11.50M$7.71M$6.40M$5.49M$4.65M$2.86M$4.46M$13.46M$4.14M$2.85M--
Avg Forecast$21.01M$19.57M$25.46M$23.98M$19.66M$23.58M$24.05M$22.46M$19.03M$19.51M$20.14M$19.60M$17.81M$6.28M$16.20M$14.72M$13.38M$12.17M$11.06M$10.06M$9.14M$8.31M$7.56M$6.87M$6.24M$9.63M$2.87M$5.04M$13.60M$13.92M
High Forecast$22.13M$20.62M$26.83M$25.26M$20.71M$24.84M$25.34M$23.12M$20.59M$20.56M$20.14M$23.52M$21.38M$7.53M$19.43M$17.67M$16.06M$14.60M$13.27M$12.07M$10.97M$9.97M$9.07M$8.24M$7.49M$11.55M$3.44M$6.04M$16.32M$16.70M
Low Forecast$19.88M$18.52M$24.10M$22.70M$18.61M$22.32M$22.76M$21.79M$17.48M$18.47M$20.14M$15.68M$14.25M$5.02M$12.96M$11.78M$10.71M$9.73M$8.85M$8.04M$7.31M$6.65M$6.04M$5.49M$5.00M$7.70M$2.29M$4.03M$10.88M$11.13M
Surprise %------------0.72%2.06%0.35%0.47%0.73%1.17%1.04%0.77%0.70%0.66%0.61%0.42%0.71%1.40%1.44%0.57%--

13 analysts predict MLR's average Quarter EBITDA for Mar 24 to be $19.60M, with a high of $23.52M and a low of $15.68M. This is 52.96% upper than Miller Industries's previous annual EBITDA (Mar 23) of $12.81M.

Miller Industries Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Mar 11Mar 10Mar 09Mar 00Mar 99
# Analysts111111122111314131313121713161513132012815181113
Net Income------------$9.22M$9.29M$2.06M$3.18M$5.43M$8.66M$6.67M$3.84M$3.36M$3.06M$2.37M$1.33M$2.01M$7.44M$2.01M$913.00K--
Avg Forecast$14.96M$18.21M$22.84M$17.39M$15.54M$18.38M$19.42M$16.29M$13.74M$15.42M$15.51M$8.83M$8.03M$-3.42M$7.30M$6.64M$6.03M$5.48M$4.99M$4.53M$4.12M$3.75M$3.40M$3.10M$2.81M$5.38M$1.39M$1.64M$1.18M$2.94M
High Forecast$16.00M$19.47M$24.43M$18.60M$16.62M$19.66M$20.77M$17.43M$14.70M$16.50M$15.51M$10.60M$9.63M$-2.74M$8.76M$7.96M$7.24M$6.58M$5.98M$5.44M$4.94M$4.49M$4.09M$3.71M$3.38M$6.46M$1.67M$1.97M$1.42M$3.52M
Low Forecast$13.92M$16.94M$21.26M$16.18M$14.46M$17.10M$18.07M$15.16M$12.79M$14.35M$15.51M$7.07M$6.42M$-4.11M$5.84M$5.31M$4.83M$4.39M$3.99M$3.63M$3.30M$3.00M$2.72M$2.48M$2.25M$4.31M$1.11M$1.31M$946.28K$2.35M
Surprise %------------1.15%-2.71%0.28%0.48%0.90%1.58%1.34%0.85%0.82%0.82%0.69%0.43%0.71%1.38%1.44%0.56%--

Miller Industries's average Quarter net income forecast for Mar 24 is $8.83M, with a range of $7.07M to $10.60M. MLR's average Quarter net income forecast represents a -4.21% decrease compared to the company's last Quarter net income of $9.22M (Mar 23).

Miller Industries SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Mar 11Mar 10Mar 09Mar 00Mar 99
# Analysts111111122111314131313121713161513132012815181113
SG&A------------$17.92M$13.12M$12.39M$11.05M$10.97M$10.21M$9.59M$9.04M$8.01M$7.44M$7.17M$6.70M$7.00M$8.15M$6.48M$6.44M--
Avg Forecast$19.49M$18.15M$23.62M$22.25M$18.24M$21.88M$22.31M$20.83M$17.66M$18.10M$22.59M$30.77M$27.97M$56.21M$25.43M$23.11M$21.01M$19.10M$17.37M$15.79M$14.35M$13.05M$11.86M$10.78M$9.80M$5.89M$4.48M$11.59M$28.54M$23.88M
High Forecast$20.53M$19.12M$24.88M$23.44M$19.21M$23.05M$23.50M$21.45M$19.10M$19.07M$22.59M$36.92M$33.56M$67.45M$30.51M$27.74M$25.22M$22.92M$20.84M$18.95M$17.22M$15.66M$14.23M$12.94M$11.76M$7.07M$5.38M$13.91M$34.24M$28.65M
Low Forecast$18.44M$17.18M$22.36M$21.06M$17.26M$20.71M$21.12M$20.22M$16.21M$17.13M$22.59M$24.61M$22.37M$44.97M$20.34M$18.49M$16.81M$15.28M$13.89M$12.63M$11.48M$10.44M$9.49M$8.63M$7.84M$4.71M$3.59M$9.27M$22.83M$19.10M
Surprise %------------0.64%0.23%0.49%0.48%0.52%0.53%0.55%0.57%0.56%0.57%0.60%0.62%0.71%1.38%1.44%0.56%--

Miller Industries's average Quarter SG&A projection for Mar 24 is $30.77M, based on 13 Wall Street analysts, with a range of $24.61M to $36.92M. The forecast indicates a 71.64% rise compared to MLR last annual SG&A of $17.92M (Mar 23).

Miller Industries EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Mar 11Mar 10Mar 09Mar 00Mar 99
# Analysts111111122111314131313121713161513132012815181113
EPS------------$0.81$0.81$0.18$0.28$0.48$0.76$0.59$0.34$0.30$0.27$0.21$0.12$0.18$0.63$0.17$0.08--
Avg Forecast$1.29$1.57$1.97$1.50$1.34$1.58$1.68$1.41$1.19$1.33$1.34$1.58$1.43$1.95$1.43$1.00$0.91$0.83$0.75$0.68$0.62$0.56$0.51$0.46$0.42$0.23$0.09$0.04$0.41$0.55
High Forecast$1.38$1.68$2.11$1.60$1.43$1.70$1.79$1.50$1.27$1.42$1.34$1.69$1.53$2.09$1.43$1.19$1.08$0.98$0.89$0.81$0.74$0.67$0.61$0.55$0.50$0.28$0.11$0.04$0.50$0.66
Low Forecast$1.20$1.46$1.83$1.40$1.25$1.47$1.56$1.31$1.10$1.24$1.34$1.47$1.33$1.82$1.43$0.81$0.74$0.67$0.61$0.55$0.50$0.45$0.41$0.37$0.34$0.19$0.07$0.03$0.33$0.44
Surprise %------------0.57%0.41%0.13%0.28%0.53%0.92%0.79%0.50%0.48%0.48%0.41%0.26%0.43%2.74%1.89%2.00%--

According to 13 Wall Street analysts, Miller Industries's projected average Quarter EPS for Mar 24 is $1.58, with a low estimate of $1.47 and a high estimate of $1.69. This represents a 94.62% increase compared to MLR previous annual EPS of $0.81 (Mar 23).

Miller Industries Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FOXFFox Factory--187.79%Buy
ADNTAdient--56.41%Hold
DANDana--37.59%Buy
PLOWDouglas Dynamics--24.51%Hold
ALVAutoliv--14.74%Buy
MLRMiller Industries--14.00%
GNTXGentex--3.29%Hold
MNROMonro---7.54%Hold

MLR Forecast FAQ


Will Miller Industries stock go up soon?

According to Wall Street analysts' prediction for MLR stock, the company can go up by 14.00% (from the last price of $71.93 to the average price target of $82), up by 14.00% based on the highest stock price target, and up by 14.00% based on the lowest stock price target.

Can Miller Industries stock reach $110?

MLR's average twelve months analyst stock price target of $82 does not support the claim that Miller Industries can reach $110 in the near future.

What are Miller Industries's analysts' financial forecasts?

Miller Industries's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.37B (high $1.43B, low $1.3B), average EBITDA is $89.75M (high $94.02M, low $85.49M), average net income is $69.63M (high $74.48M, low $64.79M), average SG&A $83.26M (high $87.22M, low $79.3M), and average EPS is $6 (high $6.42, low $5.59). MLR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.37B (high $1.45B, low $1.3B), average EBITDA is $90.02M (high $94.83M, low $85.2M), average net income is $73.4M (high $78.51M, low $68.3M), average SG&A $83.51M (high $87.97M, low $79.04M), and average EPS is $6.33 (high $6.77, low $5.89).

Did the MLR's actual financial results beat the analysts' financial forecasts?

Based on Miller Industries's last annual report (Dec 2022), the company's revenue was $848.46M, beating the average analysts forecast of $834.93M by 1.62%. Apple's EBITDA was $29.11M, beating the average prediction of $22.47M by 29.54%. The company's net income was $20.35M, beating the average estimation of $3.88M by 425.05%. Apple's SG&A was $52.83M, missing the average forecast of $81.63M by -35.29%. Lastly, the company's EPS was $1.78, missing the average prediction of $3.38 by -47.38%. In terms of the last quarterly report (Mar 2023), Miller Industries's revenue was $282.28M, missing the average analysts' forecast of $451.74M by -37.51%. The company's EBITDA was $12.81M, missing the average prediction of $17.81M by -28.09%. Miller Industries's net income was $9.22M, beating the average estimation of $8.03M by 14.84%. The company's SG&A was $17.92M, missing the average forecast of $27.97M by -35.91%. Lastly, the company's EPS was $0.81, missing the average prediction of $1.43 by -43.31%