Miller Industries (MLR) Stock
Heavy-duty wrecker and tow truck specialist for commercial fleets. Here's the price, business snapshot, and what's worth knowing about Miller Industries in October 2026.
Miller Industries, Inc. (MLR) is a US-based manufacturer of towing, recovery and transport equipment for commercial and consumer vehicles. The company designs and sells heavy-duty wrecker trucks, light-to-medium tow trucks, and aftermarket parts and services through a network of dealers and distributors. Revenue typically derives from new vehicle sales to fleets and municipalities, recurring parts and service, and international distribution. Investors commonly monitor order backlogs, dealer inventories and commodity-driven input costs (steel and electronic components), which can affect margins. With a market capitalisation around $468.98M the company sits in the smaller-cap segment of industrials; that can mean greater sensitivity to economic cycles and to single large contracts. Values can rise and fall and past performance is not indicative of future results — this is general educational information, not personalised advice. Prospective investors should review the latest financial statements, management commentary and risk disclosures before making decisions.
Miller Industries (MLR) Stock Forecast
Analyst price target, next 12 months
$58.00
+12.7% vs today's $51.47
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Miller Industries have a consensus 12-month target of $58.00, above the current price of $51.47.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 25 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Miller Industries' stock with a target price of $58, indicating growth potential.
Financial Health
Miller Industries is generating decent revenue and cash flow, but profit margins are relatively low.
Dividend
Miller Industries Inc's dividend yield of 1.59% is reasonable for those seeking some income from their investment. If you invested $1000 you would be paid $15.90 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Recurring revenue mix
Parts and service sales can provide steadier income alongside new-vehicle orders, though aftermarket demand can still vary with economic conditions.
Cyclical demand sensitivity
Fleet and municipal spending cycles influence order volumes and margins; commodity and supply-chain swings can also affect profitability.
Distribution & reach
Dealer and international channels extend market access, but competition and regional economic differences mean performance can vary.
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