NASDAQ:MNRO - Monro Stock Price, Forecast & News

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

Monro declared a quarterly dividend on Wednesday, November 27th. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.22 per share on Tuesday, December 24th. This represents a $0.88 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend is Monday, December 9th. View Monro's Dividend History.

Monro Inc (NASDAQ:MNRO) released its earnings results on Thursday, October, 24th. The auto parts company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.11. The auto parts company had revenue of $324.11 million for the quarter, compared to analysts' expectations of $330.07 million. Monro had a net margin of 6.48% and a return on equity of 11.41%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.65 EPS. View Monro's Earnings History.

Monro is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Monro.

Monro issued an update on its FY20 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.64. The company issued revenue guidance of $1.295-1.315 billion, compared to the consensus revenue estimate of $1.30 billion.

6 analysts have issued 12-month price targets for Monro's shares. Their forecasts range from $75.00 to $92.00. On average, they anticipate Monro's share price to reach $82.75 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Monro.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monro.

Headlines about MNRO stock have been trending neutral this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Monro earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media stories about the auto parts company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Monro.

Some companies that are related to Monro include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Cummins (CMI), Lam Research (LRCX), Tractor Supply (TSCO), Alibaba Group (BABA), Walt Disney (DIS), Whirlpool (WHR), Comcast (CMCSA), Intel (INTC), Air Products & Chemicals (APD) and Boeing (BA).

Monro's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.00%), TimesSquare Capital Management LLC (1.70%), Copeland Capital Management LLC (1.07%), Fenimore Asset Management Inc. (0.95%), Boston Trust Walden Corp (0.74%) and Stifel Financial Corp (0.67%). Company insiders that own Monro stock include Donald Glickman, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Samuel Senuk and Stephen C Mccluski. View Institutional Ownership Trends for Monro.

MNRO stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., State Street Corp, Stifel Financial Corp, First Trust Advisors LP, Castleark Management LLC, Scout Investments Inc., Stephens Investment Management Group LLC and Point72 Asset Management L.P.. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland, Peter J Solomon and Stephen C Mccluski. View Insider Buying and Selling for Monro.

MNRO stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Russell Investments Group Ltd., Fenimore Asset Management Inc., State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., Millennium Management LLC, State of Alaska Department of Revenue and Man Group plc. View Insider Buying and Selling for Monro.

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

One share of MNRO stock can currently be purchased for approximately $77.27.

Monro has a market capitalization of $2.57 billion and generates $1.20 billion in revenue each year. The auto parts company earns $79.75 million in net income (profit) each year or $2.38 on an earnings per share basis. Monro employs 8,183 workers across the globe.View Additional Information About Monro.

The official website for Monro is http://www.monro.com/.

Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615. The auto parts company can be reached via phone at 585-647-6400.