Monro Stock Price, News & Analysis (NASDAQ:MNRO)

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

Monro declared a quarterly dividend on Tuesday, August 13th. Shareholders of record on Monday, August 26th will be given a dividend of $0.22 per share on Monday, September 9th. This represents a $0.88 annualized dividend and a yield of 1.11%. The ex-dividend date is Friday, August 23rd. This is a positive change from Monro's previous quarterly dividend of $0.11. View Monro's Dividend History.

Monro Inc (NASDAQ:MNRO) issued its earnings results on Thursday, July, 25th. The auto parts company reported $0.68 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.02. The auto parts company had revenue of $317.10 million for the quarter, compared to analyst estimates of $320.60 million. Monro had a net margin of 6.69% and a return on equity of 12.01%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 earnings per share. View Monro's Earnings History.

Monro is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Monro.

Monro will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Monro issued an update on its FY20 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.65. The company issued revenue guidance of $1.285-1.315 billion, compared to the consensus revenue estimate of $1.31 billion.

6 brokerages have issued 12 month target prices for Monro's stock. Their predictions range from $82.89 to $90.00. On average, they anticipate Monro's share price to reach $85.97 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Monro.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monro.

Press coverage about MNRO stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing 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 closest to five being the most favorable. Monro earned a news impact score of 0.8 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Monro.

Monro saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 4,260,000 shares, a drop of 9.7% from the August 15th total of 4,720,000 shares. Based on an average trading volume of 330,900 shares, the short-interest ratio is presently 12.9 days. Approximately 13.1% of the shares of the company are short sold. View Monro's Current Options Chain.

Some companies that are related to Monro include Huazhu Group (HTHT), Wynn Macau (WYNMF), Viacom (VIA), Melco Resorts & Entertainment (MLCO), Whirlpool (WHR), Shaw Communications (SJR), Liberty Media Formula One Series C (FWONK), Vail Resorts (MTN), Under Armour (UAA), Liberty Media Formula One Series A (FWONA), Viacom (VIAB), Mohawk Industries (MHK), Liberty Media Formula One Series B (FWONB), Bright Horizons Family Solutions (BFAM) and Snap-on (SNA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Lam Research (LRCX), Rave Restaurant Group (RAVE), Tractor Supply (TSCO), Alibaba Group (BABA), Brunswick (BC), Cummins (CMI), Norfolk Southern (NSC), Whirlpool (WHR), Biogen (BIIB) and Illumina (ILMN).

Monro's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.67%), Summit Creek Advisors LLC (0.65%), Stephens Investment Management Group LLC (0.63%), Scout Investments Inc. (0.48%), Envestnet Asset Management Inc. (0.12%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Monro stock include Donald Glickman, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Robert E Mellor, 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 Scout Investments Inc., Stephens Investment Management Group LLC and Stephens Inc. AR. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Samuel Senuk and Stephen C Mccluski. View Insider Buying and Selling for Monro.

MNRO stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Summit Creek Advisors LLC, Campbell & CO Investment Adviser LLC, Peregrine Capital Management LLC and First Hawaiian Bank. 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 $79.24.

Monro has a market capitalization of $2.63 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 PKWY, ROCHESTER NY, 14615. The auto parts company can be reached via phone at 585-647-6400.