Why Miller Industries, Inc.’s (MLR) Stock Is Up 6.15%

By Michael Rose
August 01, 2026
Featured Tickers:
MLR

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Miller Industries, Inc. before investing.

In this article, we go over a few key elements for understanding Miller Industries, Inc.’s stock price such as:

  • Miller Industries, Inc.’s current stock price and volume
  • Why Miller Industries, Inc.’s stock price changed recently
  • Upgrades and downgrades for MLR from analysts
  • MLR’s stock price momentum as measured by its relative strength

About Miller Industries, Inc. (MLR)

Before we jump into Miller Industries, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. The company also offers transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. It markets its products under the Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle brand names. The company sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was founded in 1990 and is headquartered in Ooltewah, Tennessee.

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Miller Industries, Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Miller Industries, Inc.’s stock price was $50.300.

Miller Industries, Inc. is up 0.74% from its previous closing price of $49.930.

During the last market session, Miller Industries, Inc.’s stock traded between $49.405 and $50.650. Currently, there are approximately 11.39 million shares outstanding for Miller Industries, Inc..

Miller Industries, Inc.’s price-earnings (P/E) ratio is currently at 37.5, which is high compared to the Machinery industry median of 27.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Miller Industries, Inc. Stock Price History

Miller Industries, Inc.’s (MLR) price is currently down 1.66% so far this month.

During the month of July, Miller Industries, Inc.’s stock price has reached a high of $52.660 and a low of $46.755.

Over the last year, Miller Industries, Inc. has hit prices as high as $52.930 and as low as $33.810. Year to date, Miller Industries, Inc.’s stock is up 34.6%.

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What Caused Miller Industries, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there was 1 analyst who downgraded Miller Industries, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Miller Industries, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Miller Industries, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Miller Industries, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Miller Industries, Inc. (MLR) by visiting AAII Stock Evaluator.

Relative Price Strength of Miller Industries, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Miller Industries, Inc. has a weighted four-quarter relative price strength of 1.40%, which translates to a Momentum Score of 58 and is considered to be Average.

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Miller Industries, Inc. Stock Price: Bottom Line

As of July 31, 2026, Miller Industries, Inc.’s stock price is $50.300, which is up 0.74% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Miller Industries, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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