MILLER INDUSTRIES INC/TENN
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.
Stock Performance Snapshot
Analyst Rating
Analysts believe Miller Industries' stock is a good investment with a target price of $49.
Financial Health
Miller Industries is generating stable revenue and cash flow, but profit margins are relatively low.
Dividend
Miller Industries has a dividend yield of 2.21%, which is reasonable for dividend investors. If you invested $1000 you would be paid $22.10 a year in dividends (based on the last 12 months).
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Explore BasketWhy 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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