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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
AI is on the world's mind. Is the UN the place to figure out what to do about it?
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
AI is on the world's mind. Is the UN the place to figure out what to do about it?
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
AI is on the world's mind. Is the UN the place to figure out what to do about it?
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
AI is on the world's mind. Is the UN the place to figure out what to do about it?
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
NASDAQ:MNRO

Monro (MNRO) Stock Forecast, Price & News

$28.44
-0.49 (-1.69%)
(As of 09/22/2023 ET)
Compare
Today's Range
$28.33
$29.00
50-Day Range
$28.44
$39.69
52-Week Range
$28.33
$55.70
Volume
399,948 shs
Average Volume
410,827 shs
Market Capitalization
$893.58 million
P/E Ratio
25.85
Dividend Yield
3.94%
Price Target
$35.00

Monro MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
23.1% Upside
$35.00 Price Target
Short Interest
Healthy
10.02% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.03mentions of Monro in the last 14 days
Based on 66 Articles This Week
Insider Trading
Acquiring Shares
$350,300 Bought Last Quarter
Proj. Earnings Growth
16.11%
From $1.49 to $1.73 Per Share

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 stars

Consumer Discretionary Sector

115th out of 270 stocks

Automotive Repair, Services & Parking Industry

2nd out of 4 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, 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.

MNRO Price History

MNRO Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc 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.
Man killed by tractor in Monroe County
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.
See More Headlines
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MNRO Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 9/5 Dividend
8/21/2023
Dividend Payable
9/05/2023
Today
9/24/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Automotive repair, services & parking
Sub-Industry
Automotive Retail
Current Symbol
NASDAQ:MNRO
CUSIP
61023610
Employees
8,600
Year Founded
1957

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$39.05 million
Pretax Margin
3.74%

Debt

Sales & Book Value

Annual Sales
$1.33 billion
Cash Flow
$3.87 per share
Book Value
$22.13 per share

Miscellaneous

Free Float
30,570,000
Market Cap
$893.58 million
Optionable
Optionable
Beta
0.98

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Key Executives

  • Mr. Michael T. BroderickMr. Michael T. Broderick (Age 55)
    Pres, CEO & Director
    Comp: $759.78k
  • Mr. Brian J. D'Ambrosia (Age 49)
    Exec. VP of Fin., CFO, Treasurer & Assistant Sec.
    Comp: $442.8k
  • Ms. Maureen E. MulhollandMs. Maureen E. Mulholland (Age 52)
    Exec. VP, Chief Legal Officer & Sec.
    Comp: $377.19k
  • Mr. Matt Henson (Age 57)
    Exec. VP & Chief HR Officer
    Comp: $363.59k
  • Ms. Cindy L. Donovan
    Sr. VP & Chief Information Officer
  • Mr. Austin Phillips
    VP of Marketing, Merchandising & Commercial
  • Mr. Brian D. O'Donnell
    Sr. VP of Retail Operations, South
  • Mr. Russ Welsh
    Sr. VP of Retail Operations, North













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

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