Monro - MNRO Stock Forecast, Price & News

0 analysts have issued 1-year price objectives for Monro's stock. 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 year. This suggests that the stock has a possible downside of 12.3%.
View analysts price targets for MNRO or view top-rated stocks among Wall Street analysts.

Monro's stock was trading at $45.20 at the start of the year. Since then, MNRO shares have increased by 18.6% and is now trading at $53.62.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023.
View our MNRO earnings forecast.

Monro, Inc. (NASDAQ:MNRO) posted its quarterly earnings data on Wednesday, January, 25th. The auto parts company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.05. The auto parts company earned $335.20 million during the quarter, compared to analysts' expectations of $330.87 million. Monro had a net margin of 3.52% and a trailing twelve-month return on equity of 6.52%. The business's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 EPS.

Monro declared a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Tuesday, December 6th will be paid a dividend of $0.28 per share on Tuesday, December 20th. This represents a $1.12 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Monday, December 5th.
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 2.11%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 78.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MNRO will have a dividend payout ratio of 60.87% 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."

Monro's stock is owned by a number of institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (3.40%), Scout Investments Inc. (0.41%), Peregrine Capital Management LLC (0.36%), New York State Common Retirement Fund (0.31%), Rice Hall James & Associates LLC (0.20%) and New York State Teachers Retirement System (0.09%). Insiders that own company stock include John L Auerbach, Leah C Johnson, Michael T Broderick and Peter J Solomon.
View institutional ownership trends.

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 $53.62.

Monro (NASDAQ:MNRO) has a market capitalization of $1.68 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 $1.43 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.