Monro - MNRO Stock Forecast, Price & News

0 brokerages have issued 1 year target prices for Monro's shares. Their MNRO share price forecasts range from $47.00 to $47.00. On average, they anticipate the company's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for MNRO or view top-rated stocks among Wall Street analysts.

Monro's stock was trading at $58.27 at the beginning of the year. Since then, MNRO shares have decreased by 23.5% and is now trading at $44.57.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MNRO earnings forecast.

Monro, Inc. (NASDAQ:MNRO) announced its quarterly earnings results on Wednesday, July, 27th. The auto parts company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.14. The auto parts company had revenue of $349.54 million for the quarter, compared to analysts' expectations of $352.64 million. Monro had a trailing twelve-month return on equity of 7.53% and a net margin of 4.27%.

Monro announced a quarterly dividend on Friday, August 19th. Stockholders of record on Tuesday, August 23rd will be given a dividend of $0.28 per share on Tuesday, September 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Monday, August 22nd.
Read our dividend analysis for MNRO.

Monro (NASDAQ:MNRO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.58%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MNRO will have a dividend payout ratio of 49.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MNRO.

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.

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).

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

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.
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One share of MNRO stock can currently be purchased for approximately $44.57.

Monro (NASDAQ:MNRO) has a market capitalization of $1.44 billion and generates $1.36 billion in revenue each year. The auto parts company earns $61.57 million in net income (profit) each year or $1.72 on an earnings per share basis.

The company employs 8,750 workers across the globe.

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.