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 $46.56, up 1.62% from the previous day, and has decreased 14.41% in one year. It has underperformed other stocks in the Auto Parts industry by 0.2 percentage points. Miller Industries stock is currently +24.49% from its 52-week low of $37.40, and -40.5% from its 52-week high of $78.25.
There are currently 11.46M shares of MLR outstanding. The market capitalization of MLR is $533.54M. In the past 24 hours, 159,000 MLR shares were traded.
How to Buy Miller Industries Stock
Wondering 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 researched dozens of stock brokerages and apps to help you decide where to buy Miller Industries stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- 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 analysis website can help you understand 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 stock at a specific price.
- Monitor your MLR investment: Create a watchlist to the latest updates on your new investment in Miller Industries shares.
Step 1: Decide where to buy Miller Industries stock
You will need a brokerage account in order to access the NYSE market and buy MLR shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can invest in MLR today.
How to Start a New Brokerage 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.
- Provide your personal info to create a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the best stock market app for beginners, you can securely and quickly fund your account:
Check out the video below for more details transferring money into your brokerage account.
Step 4: Analyze Miller Industries stock
Once you have decided on the best place to buy Miller Industries stock, it's important to evaluate their stock before you buy, so you truly wrap your head around the risk and upside.
Miller Industries shares quick numbers
MLR Due Diligence Checks
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on MLR's stock page.
How is MLR stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge MLR's true value.
Using relative valuations metrics:
- MLR may be undervalued based on its P/E ratio of 9.76x, relative to Auto Parts industry P/E ratio of -31.08x
- MLR could be undervalued based on its P/B ratio of 1.31x, relative to Auto Parts industry P/B ratio of 1.72x
You can access additional valuation analysis on MLR's stock here.
MLR Financial Overview
Positive Financial Indicators:
- MLR has cash burn of 5151000. It has enough cash and short-term investments to cover this for at least one year.
- Total MLR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the MLR balance sheet.
- MLR has $27.36M in cash and short term investments. This is enough to cover its annual cash burn of $5.15M.
- There are more short-term assets than short-term liabilities on the MLR balance sheet.
Negative Financial Indicators:
- MLR profit margin has gone down from 5.4% to 4.8% in the past year.
- MLR has a relatively high debt to equity ratio of 0.57.
Is MLR stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who monitor MLR, the consensus analyst rating on MLR is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Miller Industries stock forecast page.
Metrics for Advanced MLR Traders
Is MLR Making Money?
Last year, MLR earnings were $54.54M. During the last 5 year, MLR's earnings have grown by 8.65% per year. This was faster than the Auto Parts industry average of 4.65%.
Last year, MLR revenue was $1.13B. During the last 5 year, MLR's revenue has grown by 7.29% per year. This was faster than the Auto Parts industry average of 5.62%.
You can research MLR's earnings and revenue performance here.
Who is buying/selling MLR?
Over the last year, insiders 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.
Dig into more about who owns MLR stock here.
Does MLR stock generate passive income?
Miller Industries pays a dividend of 1.68%, compared to the Auto Parts industry's average dividend yield of 2.18%. If you owned $1,000 of MLR stock, you would have received $16.75 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.
MLR Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your MLR purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your MLR investment
Now that you own some MLR shares, you'll want to keep up with your new investment.
Make a watchlist to monitor your MLR stock.
MLR Feed
How to Buy Stock in Miller Industries
To reiterate, here are the 6 steps to buy 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 require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Miller Industries, create your watchlist below.
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