MLR Stock Recent News

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.

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.

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, William Miller II, and Chief Financial Officer, Deborah Whitmire will host one-on-one meetings with investors at the D.A.

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 financially disciplined and undervalued, making it a buy.

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 million to $20.5 million in the second quarter. Despite the stock more than doubling since I rated it a 'buy' in March 2022, Miller Industries remains attractively priced and offers upside potential.

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 Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Second Quarter 2024 Results Conference Call.

Miller Industries' (MLR) Q2 EPS jumps 37.7% to $1.78, with revenues rising 23.7% to $371.5 million, driven by increased production and strong demand. Management raises full-year revenue growth expectations.

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, 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 market close.

Discover why Zacks rates Miller Industries with a "Neutral" recommendation, being the first on Wall Street to initiate coverage on the stock. Explore MLR's impressive growth, strategic acquisitions and innovative products balanced against competitive pressures and market uncertainties.