NASDAQ:MNRO Monro (MNRO) Stock Forecast, Price & News $28.44 -0.49 (-1.69%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$28.33▼$29.0050-Day Range$28.44▼$39.6952-Week Range$28.33▼$55.70Volume399,948 shsAverage Volume410,827 shsMarket Capitalization$893.58 millionP/E Ratio25.85Dividend Yield3.94%Price Target$35.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Monro MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside23.1% Upside$35.00 Price TargetShort InterestHealthy10.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.03Based on 66 Articles This WeekInsider TradingAcquiring Shares$350,300 Bought Last QuarterProj. Earnings Growth16.11%From $1.49 to $1.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsConsumer Discretionary Sector115th out of 270 stocksAutomotive Repair, Services & Parking Industry2nd out of 4 stocks 2.0 Analyst's Opinion Consensus RatingMonro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.00, Monro has a forecasted upside of 23.1% from its current price of $28.44.Amount of Analyst CoverageMonro has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.02% of the float of Monro has been sold short.Short Interest Ratio / Days to CoverMonro has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in Monro has recently decreased by 5.59%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipMonro is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMonro has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of Monro is 101.82%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Monro will have a dividend payout ratio of 64.74% next year. This indicates that Monro will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNRO. Previous Next 2.2 News and Social Media Coverage News SentimentMonro has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 66 news articles for Monro this week, compared to 24 articles on an average week.Search Interest1 people have searched for MNRO on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Monro to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Monro insiders have bought more of their company's stock than they have sold. Specifically, they have bought $350,300.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.70% of the stock of Monro is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Monro are expected to grow by 16.11% in the coming year, from $1.49 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Monro is 25.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Monro is 25.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.49.Price to Earnings Growth RatioMonro has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMonro has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Monro (NASDAQ:MNRO) StockMonro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. In addition, it operates 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, and Tire Barn Warehouse. The company was founded in 1957 and is headquartered in Rochester, New York.Read More MNRO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNRO Stock News HeadlinesSeptember 25, 2023 | msn.comMonroe’s Therapeutic Medical hosts its first ever mental health fairSeptember 24, 2023 | msn.comMonroe County man dies after crashing into treeSeptember 24, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 24, 2023 | msn.comAcademy of Collaborative Education to host meet & greet event in MonroeSeptember 24, 2023 | msn.comMan killed by tractor in Monroe CountySeptember 24, 2023 | yahoo.comThis Movie Star JFK Allegedly Had an Affair With Also Sang Him ‘Happy Birthday’ After Marilyn MonroeSeptember 24, 2023 | msn.comAREA FOOTBALL ROUNDUP: Monroe leads City View to blowout winSeptember 24, 2023 | yahoo.comMonroe County home prices fell 2% in August, with houses listed at a median of $289,250September 24, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 24, 2023 | msn.comWeek 4 scores: See how Monroe County high school football teams faredSeptember 23, 2023 | yahoo.com'This is a dream of mine': Former Monroe woman singing in NashvilleSeptember 23, 2023 | nj.com10 most expensive homes sold in Monroe in Middlesex County, Sept. 11-17September 23, 2023 | msn.comClass 3A No. 2 Mobile Christian stays unbeaten with rout of Monroe CountySeptember 23, 2023 | msn.comMonroe Co. community celebrates after Cherohala Skyway reopens following floodsSeptember 23, 2023 | msn.comMonroe County unites to break the stigma of suicide during prevention month townhall eventSeptember 22, 2023 | msn.comLa. AG seeks help with investigation into child porn case involving West Monroe manSeptember 22, 2023 | msn.comMonroe teams up with area non-profits to help families impacted by Parkview Apartment fireSeptember 22, 2023 | msn.comWATCH: New video shows Monroe deadly carjacking suspects shoot at troopers during I-75 chaseSeptember 22, 2023 | sports.yahoo.comWeek 5 features 11 games for Monroe County Region football teamsSeptember 22, 2023 | msn.comMarilyn Monroe’s Palm Springs House Is Now Listed on AirbnbSeptember 22, 2023 | msn.comGolden Mao Zedong, Marilyn Monroe, even fresh food... The special situation of "too unique giant architecture" in ChinaSeptember 22, 2023 | msn.comMonroe County home prices rose 0.1% in August, with houses listed at a median of $359,498September 22, 2023 | sports.yahoo.comLocal Sports: Monroe swimming sweeps meet, picks up first SEC winSeptember 22, 2023 | news.yahoo.comNew COVID boosters: Should I get one? Where can I get one in Monroe County?September 22, 2023 | yahoo.comMarilyn Monroe’s Iconic L.A. Home Was Bought by the Billionaire Heiress Next DoorSeptember 22, 2023 | news.yahoo.comIs local GOP partying like it's 1999? Monroe Republicans choosing leader SaturdaySeptember 21, 2023 | news.yahoo.comTogether Monroe County, Bloomington spent $250K to clear homeless campsSee More Headlines Receive MNRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monro and its competitors with MarketBeat's FREE daily newsletter. Email Address MNRO Company Calendar Last Earnings7/26/2023Ex-Dividend for 9/5 Dividend8/21/2023Dividend Payable9/05/2023Today9/24/2023Next Earnings (Estimated)10/25/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Automotive repair, services & parking Sub-IndustryAutomotive Retail SectorConsumer Discretionary Current SymbolNASDAQ:MNRO CUSIP61023610 CIK876427 Webwww.monro.com Phone(585) 647-6400Fax585-647-0945Employees8,600Year Founded1957Price Target and Rating Average Stock Price Forecast$35.00 High Stock Price Forecast$35.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+23.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio25.85 Forward P/E Ratio19.09 P/E Growth1.27Net Income$39.05 million Net Margins2.72% Pretax Margin3.74% Return on Equity5.71% Return on Assets2.25% Debt Debt-to-Equity Ratio0.50 Current Ratio0.52 Quick Ratio0.23 Sales & Book Value Annual Sales$1.33 billion Price / Sales0.67 Cash Flow$3.87 per share Price / Cash Flow7.35 Book Value$22.13 per share Price / Book1.29Miscellaneous Outstanding Shares31,420,000Free Float30,570,000Market Cap$893.58 million OptionableOptionable Beta0.98 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Michael T. Broderick (Age 55)Pres, CEO & Director Comp: $759.78kMr. Brian J. D'Ambrosia (Age 49)Exec. VP of Fin., CFO, Treasurer & Assistant Sec. Comp: $442.8kMs. Maureen E. Mulholland (Age 52)Exec. VP, Chief Legal Officer & Sec. Comp: $377.19kMr. Matt Henson (Age 57)Exec. VP & Chief HR Officer Comp: $363.59kMs. Cindy L. DonovanSr. VP & Chief Information OfficerMr. Austin PhillipsVP of Marketing, Merchandising & CommercialMr. Brian D. O'DonnellSr. VP of Retail Operations, SouthMr. Russ WelshSr. VP of Retail Operations, NorthMore ExecutivesKey CompetitorsMister Car WashNYSE:MCWSturm, Ruger & Company, Inc.NYSE:RGRNeoGamesNASDAQ:NGMSCaleresNYSE:CALAccel EntertainmentNYSE:ACELView All CompetitorsInsiders & InstitutionsBarclays PLCSold 3,240 shares on 9/21/2023Ownership: 0.083%California State Teachers Retirement SystemSold 1,251 shares on 8/21/2023Ownership: 0.121%Osaic Holdings Inc.Sold 1,254 shares on 8/21/2023Ownership: 0.041%Teachers Retirement System of The State of KentuckyBought 564 shares on 8/21/2023Ownership: 0.032%Nuveen Asset Management LLCSold 194,553 shares on 8/16/2023Ownership: 0.279%View All Insider TransactionsView All Institutional Transactions MNRO Stock - Frequently Asked Questions Should I buy or sell Monro stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monro in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MNRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNRO, but not buy additional shares or sell existing shares. View MNRO analyst ratings or view top-rated stocks. What is Monro's stock price forecast for 2023? 1 Wall Street analysts have issued 1 year price objectives for Monro's shares. Their MNRO share price forecasts range from $35.00 to $35.00. On average, they expect the company's stock price to reach $35.00 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View analysts price targets for MNRO or view top-rated stocks among Wall Street analysts. How have MNRO shares performed in 2023? Monro's stock was trading at $45.20 on January 1st, 2023. Since then, MNRO stock has decreased by 37.1% and is now trading at $28.44. View the best growth stocks for 2023 here. When is Monro's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our MNRO earnings forecast. How were Monro's earnings last quarter? Monro, Inc. (NASDAQ:MNRO) posted its earnings results on Wednesday, July, 26th. The auto parts company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.38 by $0.07. The auto parts company had revenue of $327 million for the quarter, compared to analysts' expectations of $332.39 million. Monro had a trailing twelve-month return on equity of 5.71% and a net margin of 2.72%. The business's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business earned $0.42 EPS. How often does Monro pay dividends? What is the dividend yield for Monro? Monro announced a quarterly dividend on Thursday, August 10th. Stockholders of record on Tuesday, August 22nd will be given a dividend of $0.28 per share on Tuesday, September 5th. This represents a $1.12 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Monday, August 21st. 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 3.94%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 101.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MNRO will have a dividend payout ratio of 64.74% 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 BlackRock Inc. (15.68%), Dimensional Fund Advisors LP (4.94%), Westwood Holdings Group Inc. (4.75%), Copeland Capital Management LLC (3.78%), Aristotle Capital Boston LLC (2.45%) and Geode Capital Management LLC (2.22%). 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 $28.44. How much money does Monro make? Monro (NASDAQ:MNRO) has a market capitalization of $893.58 million and generates $1.33 billion in revenue each year. The auto parts company earns $39.05 million in net income (profit) each year or $1.10 on an earnings per share basis. How many employees does Monro have? The company employs 8,600 workers across the globe. 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 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Monro, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.