Monro Stock Forecast, Price & News

0 equities research analysts have issued 12 month price objectives for Monro's shares. Their MNRO stock forecasts range from $47.00 to $47.00. On average, they anticipate Monro's stock price to reach $47.00 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts' price targets for Monro 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 stock has decreased by 23.8% and is now trading at $44.40.
View the best growth stocks for 2022 here.

Monro is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Monro.

Monro, Inc. (NASDAQ:MNRO) issued its earnings results on Thursday, May, 19th. The auto parts company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.26. The auto parts company had revenue of $328 million for the quarter, compared to analysts' expectations of $328.18 million. Monro had a net margin of 4.53% and a trailing twelve-month return on equity of 8.15%. Monro's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company posted $0.38 EPS.
View Monro's earnings history.

Monro announced a quarterly dividend on Thursday, May 19th. Investors of record on Monday, June 6th will be paid a dividend of $0.28 per share on Monday, June 20th. This represents a $1.12 annualized dividend and a yield of 2.52%. The ex-dividend date is Friday, June 3rd. This is a positive change from Monro's previous quarterly dividend of $0.26.
View Monro's dividend history.

Monro(NASDAQ:MNRO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.47%. Monro has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Monro is 61.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Monro will have a dividend payout ratio of 50.45% next year. This indicates that Monro will be able to sustain or increase its dividend.
View Monro's dividend history.

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), Penske Automotive Group (PAG), AutoNation (AN), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH) 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), 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 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.
Compare Top Brokerages Here.

One share of MNRO stock can currently be purchased for approximately $44.40.

Monro (NASDAQ:MNRO) has a market capitalization of $1.49 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 $1.81 on an earnings per share basis.

Monro employs 8,750 workers across the globe.

Monro was founded in 1957.

Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615. The official website for Monro is www.monro.com. The auto parts company can be reached via phone at (585) 647-6400 or via fax at 585-647-0945.