NASDAQ:MNRO - Monro Stock Price, Price Target & More

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

Monro announced a quarterly dividend on Monday, May 21st. Shareholders of record on Monday, June 4th will be paid a dividend of $0.20 per share on Thursday, June 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Friday, June 1st. This is an increase from Monro's previous quarterly dividend of $0.18. View Monro's Dividend History.

Monro Inc (NASDAQ:MNRO) released its quarterly earnings results on Monday, May, 21st. The auto parts company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The auto parts company had revenue of $285.60 million for the quarter, compared to the consensus estimate of $286.08 million. Monro had a net margin of 5.67% and a return on equity of 11.55%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $0.29 EPS. View Monro's Earnings History.

Monro issued an update on its FY19 earnings guidance on Monday, May, 21st. The company provided EPS guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus estimate of $2.58. The company issued revenue guidance of $1.17-1.20 billion, compared to the consensus revenue estimate of $1.18 billion.

6 brokerages have issued twelve-month price objectives for Monro's shares. Their forecasts range from $51.00 to $70.00. On average, they expect Monro's share price to reach $60.60 in the next year. This suggests that the stock has a possible downside of 11.5%. View Analyst Ratings for Monro.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Monro include News Corp Class A (NWSA), Under Armour Inc Class C (UA), COLRUYT SA/ADR (CUYTY), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Caesars Entertainment Co. Common Stock (CZR), Hanesbrands (HBI), Stars Group (TSG), Polaris Industries (PII), Madison Square Garden (MSG), Dolby Laboratories (DLB), SJM (SJMHF), Columbia Sportswear (COLM) and HUGO BOSS AG/S (BOSSY).

Press coverage about MNRO stock has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monro earned a coverage optimism score of 0.24 on Accern's scale. They also gave news stories about the auto parts company an impact score of 46.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Monro's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.91%), Bank of Montreal Can (0.85%), Fenimore Asset Management Inc. (0.85%), Summit Creek Advisors LLC (0.64%), Scout Investments Inc. (0.33%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Monro stock include Amico Catherine D, Brett Ponton, Christopher R Hoornbeck, Craig L Hoyle, Heel John W Van, John C Lamb, Joseph Tomarchio Jr, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Robert E Mellor, Robert G Gross 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 Summit Creek Advisors LLC, Peregrine Capital Management LLC, Municipal Employees Retirement System of Michigan and Scout Investments Inc.. Company insiders that have sold Monro company stock in the last year include Craig L Hoyle, Heel John W Van, Maureen Mulholland, Robert G Gross 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 Bank of Montreal Can, Fenimore Asset Management Inc. and CenterStar Asset Management LLC. Company insiders that have bought Monro stock in the last two years include Brett Ponton, Robert E Mellor and Stephen C Mccluski. 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, Scottrade, Fidelity and Charles Schwab.

One share of MNRO stock can currently be purchased for approximately $68.45.

Monro has a market capitalization of $2.26 billion and generates $1.13 billion in revenue each year. The auto parts company earns $63.93 million in net income (profit) each year or $2.08 on an earnings per share basis. Monro employs 7,878 workers across the globe.

Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615-3808. The auto parts company can be reached via phone at 585-647-6400.