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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden's Plan to Confiscate Your Cash? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden's Plan to Confiscate Your Cash? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden's Plan to Confiscate Your Cash? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NASDAQ:MNRO

Monro - MNRO Stock Forecast, Price & News

$52.29
+0.03 (+0.06%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$51.44
$52.86
50-Day Range
$40.00
$52.29
52-Week Range
$37.49
$64.71
Volume
245,396 shs
Average Volume
352,097 shs
Market Capitalization
$1.68 billion
P/E Ratio
30.40
Dividend Yield
2.14%
Price Target
$47.00

Monro MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
10.1% Downside
$47.00 Price Target
Short Interest
Bearish
14.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Monro in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$37,440 Sold Last Quarter
Proj. Earnings Growth
29.65%
From $1.72 to $2.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.47 out of 5 stars

Consumer Discretionary Sector

284th out of 296 stocks

Automotive Repair, Services & Parking Industry

3rd out of 3 stocks

MNRO stock logo

About Monro (NASDAQ:MNRO) Stock

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides automotive undercar repair services, including tire replacement sales, and tire related service. The company operates its stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Mountain View Tire & Auto Service, Tire Barn Warehouse, and Free Service Tire & Auto Centers. As of March 26, 2022, it operated 1,304 company-operated stores, 76 Car-X franchised locations, seven wholesale locations, and three retread facilities in 32 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.

Analysts Set New Price Targets

A number of brokerages recently commented on MNRO. StockNews.com downgraded shares of Monro from a "buy" rating to a "hold" rating in a report on Monday, May 23rd. BMO Capital Markets reduced their price objective on shares of Monro from $65.00 to $47.00 in a research report on Friday, May 20th.

Monro Stock Performance

Monro stock opened at $52.29 on Friday. The firm has a market capitalization of $1.68 billion, a P/E ratio of 30.40, a price-to-earnings-growth ratio of 2.03 and a beta of 1.06. The company's 50-day moving average is $46.09 and its 200 day moving average is $45.72. Monro has a 1-year low of $37.49 and a 1-year high of $64.71. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.67 and a quick ratio of 0.32.

Monro (NASDAQ:MNRO - Get Rating) last issued its earnings results on Thursday, May 19th. The auto parts company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.26). The company had revenue of $328.00 million for the quarter, compared to analysts' expectations of $328.18 million. Monro had a return on equity of 7.53% and a net margin of 4.27%. The business's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. Research analysts forecast that Monro will post 1.72 EPS for the current year.

Monro Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Monday, June 6th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.14%. This is an increase from Monro's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Friday, June 3rd. Monro's dividend payout ratio (DPR) is 65.12%.

Insider Buying and Selling at Monro

In other Monro news, Director Leah C. Johnson sold 750 shares of the firm's stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $49.92, for a total value of $37,440.00. Following the completion of the sale, the director now directly owns 4,176 shares in the company, valued at $208,465.92. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.20% of the stock is owned by insiders.

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MNRO Stock News Headlines

Form 8-K/A MONRO, INC. For: Jul 21 - StreetInsider.com
Form 10-Q MONRO, INC. For: Jun 25 - StreetInsider.com
Form 8-K MONRO, INC. For: Jul 21 - StreetInsider.com
Monro: Fiscal Q1 Earnings Snapshot - Greenwich Time
See More Headlines
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MNRO Company Calendar

Last Earnings
5/19/2022
Ex-Dividend for 6/20 Dividend
6/03/2022
Dividend Payable
6/20/2022
Today
8/14/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Automotive repair, services & parking
Sub-Industry
Automotive Retail
Current Symbol
NASDAQ:MNRO
CUSIP
61023610
Employees
8,750
Year Founded
1957

Price Target and Rating

Average Stock Price Forecast
$47.00
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$47.00
Forecasted Upside/Downside
-10.1%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$61.57 million
Pretax Margin
5.63%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$4.30 per share
Book Value
$23.90 per share

Miscellaneous

Free Float
31,167,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
1.06

Social Links


Key Executives

  • Mr. Michael T. Broderick (Age 53)
    Pres, CEO & Director
    Comp: $1.29M
  • Mr. Brian J. D'Ambrosia (Age 48)
    Exec. VP of Fin., CFO, Treasurer & Assistant Sec.
    Comp: $590.1k
  • Mr. Robert J. Rajkowski (Age 57)
    Exec. VP & COO
    Comp: $583.9k
  • Ms. Maureen E. Mulholland (Age 51)
    EVP, Chief Legal Officer & Sec.
    Comp: $496.1k
  • Mr. Matt Henson (Age 56)
    Chief HR Officer
    Comp: $569.45k
  • Mr. Avijit Dasgupta (Age 50)
    Sr. VP & Chief Information Officer
  • Mr. Felix Veksler M.B.A.
    Sr. Director of Investor Relations
  • Mr. David Nichols
    Sr. VP of Marketing & Category Management
  • Mr. Samuel Senuk (Age 54)
    Sr. VP of Store Operations
  • Mr. Daniel Tripoli
    Sr. VP of Retail Operations













MNRO Stock - Frequently Asked Questions

What is Monro's stock price forecast for 2022?

0 brokers have issued 1 year price objectives for Monro's stock. Their MNRO share price forecasts range from $47.00 to $47.00. On average, they predict the company's stock price to reach $47.00 in the next year. This suggests that the stock has a possible downside of 10.1%.
View analysts price targets for MNRO
or view top-rated stocks among Wall Street analysts.

How have MNRO shares performed in 2022?

Monro's stock was trading at $58.27 at the beginning of 2022. Since then, MNRO shares have decreased by 10.3% and is now trading at $52.29.
View the best growth stocks for 2022 here
.

When is Monro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MNRO earnings forecast
.

How were Monro's earnings last quarter?

Monro, Inc. (NASDAQ:MNRO) posted its quarterly earnings data on Thursday, May, 19th. The auto parts company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by $0.26. The auto parts company earned $328 million during the quarter, compared to the consensus estimate of $328.18 million. Monro had a trailing twelve-month return on equity of 7.53% and a net margin of 4.27%. The business's revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 earnings per share.

How often does Monro pay dividends? What is the dividend yield for Monro?

Monro declared a quarterly dividend on Thursday, May 19th. Stockholders of record on Monday, June 6th will be given a dividend of $0.28 per share on Monday, June 20th. This represents a $1.12 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Friday, June 3rd. This is a boost from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for MNRO
.

Is Monro a good dividend stock?

Monro (NASDAQ:MNRO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.14%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MNRO will have a dividend payout ratio of 50.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MNRO.

What is Brett Ponton's approval rating as Monro's CEO?

49 employees have rated Monro Chief Executive Officer Brett Ponton on Glassdoor.com. Brett Ponton has an approval rating of 36% among the company's employees. This puts Brett Ponton in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Monro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Verizon Communications (VZ), AbbVie (ABBV), Cummins (CMI), Walt Disney (DIS), Altria Group (MO), Pfizer (PFE), Tractor Supply (TSCO), Whirlpool (WHR), Brunswick (BC) and Caterpillar (CAT).

What is Monro's stock symbol?

Monro trades on the NASDAQ under the ticker symbol "MNRO."

Who are Monro's major shareholders?

Monro's stock is owned by many different retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (2.85%), abrdn plc (2.10%), Massachusetts Financial Services Co. MA (1.93%), Northern Trust Corp (1.46%), Russell Investments Group Ltd. (1.42%) and Boston Trust Walden Corp (1.28%). Insiders that own company stock include John L Auerbach, Leah C Johnson, Michael T Broderick and Peter J Solomon.
View institutional ownership trends
.

How do I buy shares of Monro?

Shares of MNRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Monro's stock price today?

One share of MNRO stock can currently be purchased for approximately $52.29.

How much money does Monro make?

Monro (NASDAQ:MNRO) has a market capitalization of $1.68 billion and generates $1.36 billion in revenue each year. The auto parts company earns $61.57 million in net income (profit) each year or $1.72 on an earnings per share basis.

How many employees does Monro have?

The company employs 8,750 workers across the globe.

When was Monro founded?

Monro was founded in 1957.

How can I contact Monro?

Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615. The official website for the company is www.monro.com. The auto parts company can be reached via phone at (585) 647-6400, via email at ir@monro.com, or via fax at 585-647-0945.

This page (NASDAQ:MNRO) was last updated on 8/14/2022 by MarketBeat.com Staff

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