MLRMLRConsumer Cyclical · Auto Parts

MLR Stock Forecast: Miller Industries, Inc. (Tennessee) Price Predictions for 2026-2027

Last close, 18 Sept 2026
$54
−2.90% on the day

The 2 Wall Street analysts covering Miller Industries, Inc. (Tennessee) hold a median 12-month price target of $58 — +7.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 97 of 100 as at 18 Sept 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$618.6M
Ticker Nerd rank
97 / 100
Median analyst target
$58
Analysts covering
2
Revenue$240.0M+12.1% y/y
Operating income$10.8M
Net income$7.3M
Free cash flow$28.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.5%
1M
−4.3%
YTD
+46.1%
1Y
+34.0%
From 52W high
−6.5%
From 52W low
+53.4%
$35
$58
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MLR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Miller Industries, Inc. (Tennessee) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 18 Sept 2026
97 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
97
Accruals
96
Volatility
85
Revisions
85
Momentum
77
Value
73
Quality
67
Size
51
Growth
25

Issuance (97): The share count has been shrinking and the company is not leaning on new borrowing.

Growth (25): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MLR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MLR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$40$50$60$70Oct 25Jan 26Apr 26Jul 26MLRHigh $64Median $58Low $52

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts
1 Buy1 Hold0 Sell
Low $52Median $58High $64

The green dot is the last close — the median target sits +7.6% from it.

Recent analyst actionsNewest first

Of the 10 most recent actions, 2 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
10 Aug 2026DA DavidsonMaintainsBuy$56$64
11 May 2026DA DavidsonMaintainsBuy$53$56
11 May 2026DA DavidsonMaintainsBuy
9 Mar 2026DA DavidsonMaintainsBuy
9 Mar 2026Freedom BrokerMaintainsHold
10 Nov 2025Freedom BrokerDowngradeHold
10 Nov 2025Freedom Capital MarketsDowngradeHold$62$46
26 June 2025DA DavidsonMaintainsBuy
15 Nov 2024DA DavidsonMaintainsBuy
2 Oct 2024DA DavidsonInitiatesBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MLR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

MLR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Miller Industries, Inc. (Tennessee) returned +34.0% against +16.3% for the S&P 500, dividends included.

MLR vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Oct 25Jan 26Apr 26Jul 26MLRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MLR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.6%
Analysts raising
1
Analysts cutting
0
Fundamentals

Miller Industries, Inc. (Tennessee) (MLR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
43.9×

Cheaper than 16% of US stocks

Price / sales
0.8×

Cheaper than 74% of US stocks

Price / book
1.5×

Cheaper than 55% of US stocks

EV / EBITDA
15.1×

Cheaper than 22% of US stocks

Growth & margins
Revenue growth (YoY)
12.1%

Higher than 57% of US stocks

Earnings growth (YoY)
−14.1%

Higher than 24% of US stocks

Gross margin
15.0%

Higher than 14% of US stocks

Operating margin
4.5%

Higher than 53% of US stocks

Net margin
1.9%

Higher than 52% of US stocks

Returns & dividend
Return on equity
3.4%

Higher than 50% of US stocks

Return on assets
2.2%

Higher than 60% of US stocks

Dividend yield
1.5%

Higher than 34% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Miller Industries, Inc. (Tennessee) (MLR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Miller Industries, Inc. (Tennessee) has a market value of $618.6M and an enterprise value of $568.7M.

  • Revenue in the twelve months to 30 June 2026: $771.4M. The latest quarter grew 12.1% year on year.

  • Net income over the same four quarters: $14.3M, a 1.9% net margin.

  • Diluted earnings per share, trailing twelve months: $1.24.

  • Free cash flow in the twelve months to 30 June 2026: $112.7M.

  • Miller Industries, Inc. (Tennessee) spent $8.0M on share buybacks and $9.4M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 11.4M.

  • Trailing P/E: 43.9×; forward P/E: 19.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.52%, paying out 66% of earnings.

  • Miller Industries, Inc. (Tennessee) employs 1,527 people $505K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 17 Sept 2026

Data provided by Twelve Data

Peers

MLR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAuto Parts
CompanyMarket capTKN rank
MLRMiller Industries, Inc. (Tennessee)$618.6M
97
SLDPSolid Power, Inc.$539.0M
32
HYLNHyliion Holdings Corp.$748.9M
78
FOXFFox Factory Holding Corp.$787.1M
74
SMPStandard Motor Products, Inc.$808.9M
90
PLOWDouglas Dynamics, Inc.$919.1M
91
CPSCooper-Standard Holdings, Inc.$403.9M
47

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Miller Industries, Inc. (Tennessee) — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MLR news & analysis

Miller Industries Isn't Cheap Enough To Justify An Upgrade

Seeking Alpha · 30 Aug 2026negative

Miller Industries' shares rose 17.6%, outperforming the S&P 500, helped by strong revenue growth and the Omars acquisition. However, net income and core cash flow declined amid higher tariffs and lower-margin chassis sales, and management guides to flat EPS and cash flow versus last year despite FY revenue of $850–$900 million.

Why it matters — For MLR watchers, the item notes that despite solid revenue gains, profitability and cash flow are under pressure and current valuation does not justify an upgrade.

Miller Industries Reaffirms 2026 Outlook, Eyes $200M-Plus Military Production Pipeline

MarketBeat · 29 Aug 2026positive

Miller Industries reaffirmed its 2026 revenue outlook of approximately $850 million to $900 million, with earnings per share expected in line with 2025 and gross margins projected in the mid-13% range. The company is also eyeing a $200 million-plus military production pipeline.

Why it matters — MLR watchers would care because the reaffirmed 2026 guidance and substantial military production pipeline signal sustained revenue momentum and potential growth opportunities.

MILLER INDUSTRIES TO PRESENT AND HOST 1X1 INVESTOR MEETINGS AT THE 17TH ANNUAL MIDWEST IDEAS INVESTOR CONFERENCE ON AUGUST 26TH & 27TH IN CHICAGO, IL

PRNewsWire · 25 Aug 2026neutral

Miller Industries announced that CEO William Miller II will present and host 1x1 investor meetings at the 17th Annual Midwest IDEAS Investor Conference on August 26-27, 2026, at The Intercontinental in Chicago.

Why it matters — The investor conference appearance gives MLR watchers an opportunity to hear directly from the CEO about the company's position as the world's largest manufacturer of towing and recovery equipment.

Miller Industries Q2 Earnings Call Highlights

MarketBeat · 8 Aug 2026positive

Miller Industries reported second-quarter 2026 revenue of $240 million, up 12.1% year over year and 32.7% sequentially, supported by steady production rates, retail activity, and order intake. The company expects similar quarterly revenue of about $250 million for the remainder of the year and reaffirmed its full-year revenue outlook of $850 million to $900 million.

Why it matters — The revenue growth and reaffirmed full-year outlook provide MLR watchers with a clear view of the company's near-term operating trajectory.

Miller Industries, Inc. (MLR) Q2 2026 Earnings Call Transcript

Seeking Alpha · 6 Aug 2026neutral

Seeking Alpha published the transcript of Miller Industries, Inc.'s Q2 2026 earnings call. The transcript records the company's discussion of its quarterly results.

Why it matters — A Miller Industries watcher would find the earnings call transcript useful for reviewing management's own commentary on the company's second-quarter performance.

FAQ

Frequently asked questions about MLR stock

What is the MLR stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Miller Industries, Inc. (Tennessee) have a median 12-month price target of $58, with estimates ranging from $52 to $64. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MLR stock a buy right now?

Of the 2 analysts covering Miller Industries, Inc. (Tennessee), 1 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Miller Industries, Inc. (Tennessee) 97 out of 100 across roughly 4,600 US stocks as at 18 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MLR?

As at 18 Sept 2026, Miller Industries, Inc. (Tennessee) ranks 97 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (97 of 100).

Will MLR stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +7.6% from the last close, and Ticker Nerd's factor model ranks Miller Industries, Inc. (Tennessee) 97 out of 100 as at 18 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MLR stock forecast for 2030?

No analyst covering Miller Industries, Inc. (Tennessee) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MLR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $52 to $64 over the next 12 months.

How has MLR stock performed over the past year?

Miller Industries, Inc. (Tennessee) returned +34.0% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Miller Industries, Inc. (Tennessee) do?

Miller Industries, Inc. is a Tennessee-based manufacturer of towing and recovery equipment.

What is the latest news on MLR?

The most recent item we track (Seeking Alpha, 30 Aug 2026): "Miller Industries Isn't Cheap Enough To Justify An Upgrade". Miller Industries' shares rose 17.6%, outperforming the S&P 500, helped by strong revenue growth and the Omars acquisition. However, net income and core cash flow declined amid higher tariffs and lower-margin chassis sales, and management guides to flat EPS and cash flow versus last year despite FY revenue of $850–$900 million.

Company

About Miller Industries, Inc. (Tennessee).

Miller Industries, Inc. is a Tennessee-based manufacturer of towing and recovery equipment. The company designs, builds, and markets a broad range of products used to move, recover, and transport disabled or specialized vehicles, including wreckers, car carriers, rotators, transport trailers, and related parts and accessories. Its equipment serves towing operators, commercial fleets, municipalities, vehicle dealerships, auto auctions, and other transportation-focused customers. Miller Industries operates through well-known brands such as Century, Vulcan, Chevron, Holmes, Challenger, Champion, Titan, Jige, Boniface, and Eagle, giving it a broad presence across light-duty and heavy-duty recovery applications. The company plays a significant role in the specialty vehicle manufacturing market by supplying essential equipment for roadside recovery, fleet operations, and vehicle logistics across North America and select international markets.

CEO Mr. William G. Miller II · 1,527 employees · United States · https://www.millerind.com