NASDAQ:MNRO - Monro Stock Price, Forecast & News

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

Monro announced a quarterly dividend on Thursday, February 13th. Investors of record on Friday, March 13th will be paid a dividend of $0.22 per share on Tuesday, March 24th. This represents a $0.88 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Thursday, March 12th. View Monro's Dividend History.

Monro Inc (NASDAQ:MNRO) issued its quarterly earnings results on Thursday, January, 30th. The auto parts company reported $0.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.05. The auto parts company had revenue of $329.30 million for the quarter, compared to analysts' expectations of $338.04 million. Monro had a net margin of 6.25% and a return on equity of 11.13%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 EPS. View Monro's Earnings History.

Monro is scheduled to release their next quarterly earnings announcement on Tuesday, May 19th 2020. View Earnings Estimates for Monro.

Monro updated its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.48. The company issued revenue guidance of $1.275-1.29 billion, compared to the consensus revenue estimate of $1.30 billion.

7 Wall Street analysts have issued 1 year price targets for Monro's stock. Their forecasts range from $65.00 to $92.00. On average, they anticipate Monro's stock price to reach $79.20 in the next year. This suggests a possible upside of 31.1% from the stock's current price. View Analyst Price Targets for Monro.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monro.

News headlines about MNRO stock have been trending somewhat negative on Friday, InfoTrie Sentiment Analysis 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 -5 to 5, with scores closest to five being the most favorable. Monro earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned media coverage about the auto parts company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Monro.

Monro saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,930,000 shares, an increase of 6.7% from the January 15th total of 4,620,000 shares. Based on an average daily trading volume, of 267,600 shares, the days-to-cover ratio is currently 18.4 days. Currently, 15.1% of the company's stock are sold short. 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), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT).

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

Monro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.03%), Victory Capital Management Inc. (1.78%), FIL Ltd (1.60%), FMR LLC (1.51%), Victory Capital Management Inc. (1.48%) and Copeland Capital Management LLC (1.44%). 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 Marshall Wace LLP, Victory Capital Management Inc., Eaton Vance Management, Goldman Sachs Group Inc., Peregrine Capital Management LLC, FMR LLC, Victory Capital Management Inc. and Marshall Wace North America L.P.. 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 for Monro.

MNRO stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Copeland Capital Management LLC, Point72 Asset Management L.P., FIL Ltd, Sei Investments Co., Great West Life Assurance Co. Can, UBS Group AG and State Street Corp. View Insider Buying and Selling 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 $60.42.

Monro has a market capitalization of $2.01 billion and generates $1.20 billion in revenue each year. The auto parts company earns $79.75 million in net income (profit) each year or $2.38 on an earnings per share basis. Monro employs 8,183 workers across the globe.View Additional Information About Monro.

The official website for Monro is http://www.monro.com/.

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