How to Buy Miller Industries Stock
Miller Industries Inc
Miller Industries is a auto part company located in Tennessee, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MLR on the NYSE exchange.
Miller Industries stock last closed at $39.62, down 1.42% from the previous day, and has decreased 20.51% in one year. It has overperformed other stocks in the Auto Parts industry by 0.05 percentage points. Miller Industries stock is currently +5.94% from its 52-week low of $37.40, and -49.37% from its 52-week high of $78.25.
As of Apr 21, 2025, there are 11.44M shares of MLR outstanding. The market cap of MLR is $453.22M. In the past 24 hours, 68,738 MLR shares were traded.
How to Buy Miller Industries Stock
Not sure how to invest in Miller Industries stock? Here's how.
- Decide where to buy Miller Industries stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Miller Industries stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your details.
- Analyze Miller Industries stock: The Miller Industries ticker symbol is MLR. Is Miller Industries stock a good investment? Should you buy shares of MLR? How do MLR's underlying business fundamentals look? Do top analysts think Miller Industries is a good buy? Why has MLR's stock price moved recently? (Hint: Our stock market research tools can help you figure out if MLR is a good stock to buy).
- Place your MLR purchase: Decide if you will purchase MLR shares at the current market price or use a limit order to buy MLR shares at a given price.
- Monitor your MLR investment: Create a watchlist to keep tabs on your position in Miller Industries stock.
Step 1: Decide where to buy Miller Industries stock
You will need an online brokerage account to access the NYSE market and buy MLR shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy MLR stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
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Step 3: Fund your investment account
Now that you've opened your account on a investment app, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your investment account.
Step 4: Analyze Miller Industries stock
Once you have identified the best place to buy Miller Industries stock, it's absolutely critical to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Miller Industries shares data
Miller Industries Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MLR's stock page.
What is the fair value of MLR stock?
Analysts use many financial metrics, analyses, models, and charts to gauge MLR's true value.
Using relative valuations measures:
- MLR could be overvalued based on its P/E ratio of 7.14x, relative to Auto Parts industry P/E ratio of 3.46x
- MLR may be undervalued based on its P/B ratio of 1.13x, relative to Auto Parts industry P/B ratio of 1.31x
You can access additional valuation analysis on MLR's stock here.
MLR Financial Overview
Positive Financial Indicators:
- MLR's operating cash flow of $16.87M allows it to safely service it's debt of $65.55M.
- There are more short-term assets than short-term liabilities on the MLR balance sheet.
- There are more short-term assets than long-term liabilities on the MLR balance sheet.
- MLR earnings of $84.06M is not enough to cover its interest payments.
Negative Financial Indicators:
- MLR has a relatively high debt to equity ratio of 0.66.
- Total MLR debt is higher than 5 years ago, relative to shareholder equity.
- MLR profit margin has gone down from 5.1% to 5% in the past year.
Is Miller Industries stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who track MLR, the consensus analyst rating on MLR is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Miller Industries stock forecast page.
MLR Trading Indicators
MLR Earnings
Last year, MLR earnings were $63.49M. In the last five year, MLR's earnings have grown by 10.1% per year. This was faster than the Auto Parts industry average of 1.98%.
Last year, MLR revenue was $1.26B. In the last five year, MLR's revenue has grown by 8.98% per year. This was faster than the Auto Parts industry average of 7.5%.
Learn more about MLR's earnings and revenue performance here.
Latest Insiders Trades at MLR
Over the last year, executives and large shareholders at MLR have sold more shares than they have bought.
Deborah L. Whitmire, Chief Financial Officer of MLR, was the latest MLR insider to buy. They bought $1,814.48 worth of MLR stock on Mar 24, 2025.
Get more info about who owns MLR stock here.
Does MLR stock generate passive income?
Miller Industries pays a dividend of 1.46%, compared to the Auto Parts industry's average dividend yield of 3.08%. If you owned $1,000 worth of MLR stock, you would have received $14.64 in the past year.
Miller Industries dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Miller Industries dividend yield and history here.
What others are saying about MLR
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your MLR purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Monitor your MLR investment
Now that you own some MLR shares, you'll want to stay up-to-date on your investment.
Start a watchlist to track your MLR stock.
MLR Feed
How to Buy Stock in Miller Industries
To reiterate, here are the 6 steps for buying Miller Industries stock:
- Decide where to buy Miller Industries stock
- Create a brokerage account
- Fund your investment account
- Analyze Miller Industries stock
- Place your MLR purchase
- Monitor your MLR investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Miller Industries, create a watchlist today.
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