Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Herman Miller stock

Learn how to easily invest in Herman Miller stock.

Herman Miller is a furnishings, fixtures & appliances business based in the US. Herman Miller shares (MLHR) are listed on the NASDAQ and all prices are listed in US Dollars. Herman Miller employs 7,600 staff and has a trailing 12-month revenue of around $2.6 billion.

How to buy Herman Miller stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MLHR. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Best for low fees

Finder Award

SoFi Invest

  • Trade stocks for $0 and no annual fee
  • Start trading with a $0 minimum deposit
  • Get up to $1,000 when you fund a new account within 30 days

Best for beginners

Finder Award


  • Easy to use platform with low fees
  • Social trading allows you to copy popular portfolios
  • FINDER EXCLUSIVE: Get $15 when you sign up and deposit $100

Promoted for easy user experience


  • Get free stock upon signup
  • Earn 4% interest on uninvested cash with Robinhood Gold
  • Get 1% match on contributions to a Robinhood IRA

Herman Miller stock price (NASDAQ: MLHR)

Use our graph to track the performance of MLHR stocks over time.

Herman Miller shares at a glance

Information last updated 2022-02-27.
Latest market close$0.00
52-week range$0.00 - $0.00
50-day moving average $38.90
200-day moving average $43.18
Wall St. target price$57.60
PE ratio 61.6799
Dividend yield $0.75 (1.94%)
Earnings per share (TTM) $0.63

Buy Herman Miller stocks from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 6 of 6
Name Product Available asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, Options, ETFs, Cryptocurrency
Get up to $1,000
when you fund a new account within 30 days.
Winner of Finder’s Best Low-Cost Broker award.
Finder Award
Stocks, Options, ETFs, Cryptocurrency
when you sign up and deposit $100
Winner of Finder’s Best Broker for Beginners award. Not available in NY, NV, MN, TN, and HI.
Stocks, Options, ETFs, Cryptocurrency
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 4% interest on uninvested cash in your account with Robinhood Gold.
Stocks, Options, ETFs, Cryptocurrency
Get $200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Highly commended for Best Derivatives Trading Platform award.
Stocks, ETFs, Cryptocurrency, Alternatives
Get up to $300 in either stocks or crypto
when you use code FINDERUS to sign up and fund a new account.
Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more.
Interactive Brokers
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex
Winner of Finder’s Best Overall Stock Broker award.

Compare up to 4 providers

Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.

Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.

Is it a good time to buy Herman Miller stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Herman Miller price performance over time

Historical closes compared with the close of $0 from 2022-01-28

1 week (2023-01-29) nan%
1 month (2023-01-05) nan%
3 months (2022-11-05) nan%
6 months (2022-08-05) nan%
1 year (2022-02-05) nan%
2 years (2021-02-09) -100.00%
3 years (2020-02-07) 39.6851
5 years (2018-02-08) 34.0132

Is Herman Miller stock undervalued or overvalued?

Valuing Herman Miller stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Herman Miller's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Herman Miller's P/E ratio

Herman Miller's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 62x. In other words, Herman Miller shares trade at around 62x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Herman Miller's PEG ratio

Herman Miller's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.31. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Herman Miller's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Herman Miller's EBITDA

Herman Miller's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $286.4 million.

The EBITDA is a measure of a Herman Miller's overall financial performance and is widely used to measure a its profitability.

Herman Miller financials

Revenue TTM $2.6 billion
Operating margin TTM 6.12%
Gross profit TTM $949.2 million
Return on assets TTM 3.15%
Return on equity TTM 3.87%
Profit margin 1.47%
Book value $19.47
Market capitalisation $2.9 billion

TTM: trailing 12 months

Herman Miller share dividends


Dividend payout ratio: 44.12% of net profits

Recently Herman Miller has paid out, on average, around 44.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Herman Miller shareholders could enjoy a 1.92% return on their shares, in the form of dividend payments. In Herman Miller's case, that would currently equate to about $0.75 per share.

While Herman Miller's payout ratio might seem fairly standard, it's worth remembering that Herman Miller may be investing much of the rest of its net profits in future growth.

Herman Miller's most recent dividend payout was on 14 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 August 2021 (the "ex-dividend date").

Have Herman Miller's shares ever split?

Herman Miller's shares were split on a 2:1 basis on 16 March 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Herman Miller shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Herman Miller shares which in turn could have impacted Herman Miller's share price.

Herman Miller share price volatility

Over the last 12 months, Herman Miller's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

MLHR.US volatility(beta: 1.31)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Herman Miller's is 1.3053. This would suggest that Herman Miller's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Herman Miller overview

MillerKnoll, Inc. manufactures and distributes interior furnishings worldwide. It operates through North America Contract, International Contract, and Retail segments. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, Resolve, and OE1 names. It also provides storage products; wood case goods; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names; Thrive portfolio of ergonomic solutions and technology support products under the Colebrook Bosson Saunders name; textiles under the Maharam name; and Live Platform system of cloud-connected furnishings, applications, and dashboards. In addition, the company offers products for residential settings under the Eames, Eames Soft Pad, HAY, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names; and residential and ancillary products under the Line, Storage Collection, Lina, Matera, Emmy, Story, Sømmer, Reach, the Always, Polly, Viv, Hush, Mags, and About A names. Its products are used in institutional, health/science, and residential and other environments; transportation terminals; and industrial and educational settings.

Frequently asked questions

What percentage of Herman Miller is owned by insiders or institutions?
Currently 0.52% of Herman Miller shares are held by insiders and 79.902% by institutions.
How many people work for Herman Miller?
Latest data suggests 7,600 work at Herman Miller.
When does the fiscal year end for Herman Miller?
Herman Miller's fiscal year ends in May.
Where is Herman Miller based?
Herman Miller's address is: 855 East Main Avenue, Zeeland, MI, United States, 49464-0302
What is Herman Miller's ISIN number?
Herman Miller's international securities identification number is: US6005441000
What is Herman Miller's CUSIP number?
Herman Miller's Committee on Uniform Securities Identification Procedures number is: 600544100

More guides on Finder

Ask an Expert provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site