NASDAQ:MNROMonro Stock Price, Forecast & News

Monro's stock was trading at $49.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MNRO shares have increased by 17.7% and is now trading at $58.35. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Monro.

Monro is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Monro.

Monro Inc (NASDAQ:MNRO) posted its earnings results on Thursday, May, 28th. The auto parts company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.12. The auto parts company had revenue of $286.10 million for the quarter, compared to analysts' expectations of $286.20 million. Monro had a return on equity of 9.04% and a net margin of 4.62%. Monro's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. View Monro's earnings history.

Monro declared a quarterly dividend on Thursday, May 28th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share on Monday, June 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, June 5th. View Monro's dividend history.

5 equities research analysts have issued 12-month target prices for Monro's shares. Their forecasts range from $41.00 to $92.00. On average, they anticipate Monro's stock price to reach $61.25 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for Monro.

Media stories about MNRO stock have been trending extremely negative recently, InfoTrie reports. InfoTrie identifies negative and positive news 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 negative five to positive five, with scores nearest to five being the most favorable. Monro earned a daily sentiment score of -4.3 on InfoTrie's scale. They also assigned news headlines about the auto parts company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near future. View the latest news about Monro.

Monro saw a drop in short interest in June. As of June 15th, there was short interest totaling 3,480,000 shares, a drop of 7.2% from the May 31st total of 3,750,000 shares. Based on an average daily trading volume, of 436,300 shares, the days-to-cover ratio is currently 8.0 days. Currently, 10.6% of the shares of the stock are short sold. View Monro's Current Options Chain.

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), Sonic Automotive (SAH), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Cummins (CMI), Altria Group (MO), Verizon Communications (VZ), AbbVie (ABBV), Alibaba Group (BABA), Walt Disney (DIS), Energy Transfer LP Unit (ET), IBM (IBM), Lam Research (LRCX) and Marathon Petroleum (MPC).

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

Monro's stock is owned by many different retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.43%), Envestnet Asset Management Inc. (0.20%) and Bridge City Capital LLC (0.08%). 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 Bridge City Capital LLC. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland, and Peter J Solomon. View insider buying and selling activity for Monro.

MNRO stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Scout Investments Inc.. View insider buying and selling activity 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 $58.35.

Monro has a market capitalization of $1.94 billion and generates $1.26 billion in revenue each year. The auto parts company earns $58.02 million in net income (profit) each year or $2.00 on an earnings per share basis. Monro employs 8,184 workers across the globe.

The official website for Monro is 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.