Monro Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Monro stock. 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 analyst ratings for Monro or view top-rated stocks.

Wall Street analysts have given Monro a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Monro wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Monro is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Monro.

Monro, Inc. (NASDAQ:MNRO) posted its quarterly earnings results on Wednesday, May, 19th. The auto parts company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.09. The auto parts company had revenue of $305.50 million for the quarter, compared to the consensus estimate of $297.34 million. Monro had a trailing twelve-month return on equity of 5.22% and a net margin of 3.05%. The firm's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.08 earnings per share.
View Monro's earnings history.

Monro's stock was trading at $49.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MNRO stock has increased by 28.6% and is now trading at $63.78.
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Monro announced a quarterly dividend on Friday, May 21st. Stockholders of record on Monday, June 7th will be paid a dividend of $0.24 per share on Monday, June 21st. This represents a $0.96 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Friday, June 4th. This is an increase from Monro's previous quarterly dividend of $0.22.
View Monro's dividend history.

Monro pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.53%. Monro does not yet have a strong track record of dividend growth. The dividend payout ratio of Monro is 84.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Monro will have a dividend payout ratio of 41.38% next year. This indicates that Monro will be able to sustain or increase its dividend.
View Monro's dividend history.

3 analysts have issued twelve-month price objectives for Monro's stock. Their forecasts range from $44.00 to $70.00. On average, they anticipate Monro's stock price to reach $58.00 in the next twelve months. This suggests that the stock has a possible downside of 9.1%.
View analysts' price targets for Monro or view top-rated stocks among Wall Street analysts.

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

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

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

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

Monro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.82%), Wasatch Advisors Inc. (14.00%), Price T Rowe Associates Inc. MD (10.66%), Clearbridge Investments LLC (4.51%), Dimensional Fund Advisors LP (2.86%) and Aristotle Capital Boston LLC (2.63%). Company insiders that own Monro stock include Donald Glickman, Maureen Mulholland and Peter J Solomon.
View institutional ownership trends for Monro.

MNRO stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Peregrine Capital Management LLC, Westwood Holdings Group Inc., Aristotle Capital Boston LLC, D. E. Shaw & Co. Inc., Morgan Stanley, Royal Bank of Canada, and Fenimore Asset Management Inc..
View insider buying and selling activity for Monro or view top insider-selling stocks.

MNRO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, Point72 Asset Management L.P., Price T Rowe Associates Inc. MD, Goldman Sachs Group Inc., Geode Capital Management LLC, JPMorgan Chase & Co., and HRT Financial LP.
View insider buying and selling activity for Monro or or view top insider-buying stocks.

Shares of MNRO 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.
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One share of MNRO stock can currently be purchased for approximately $63.78.

Monro has a market capitalization of $2.14 billion and generates $1.13 billion in revenue each year. The auto parts company earns $34.32 million in net income (profit) each year or $1.14 on an earnings per share basis.

Monro employs 7,800 workers across the globe.

The official website for Monro is www.monro.com.

Monro is headquartered at 200 HOLLEDER PKWY, ROCHESTER NY, 14615.

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