NASDAQ:MNRO Monro - MNRO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Monro, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $52.66 +0.19 (+0.36%) (As of 02/8/2023 12:14 PM ET) Add Compare Share Share Today's Range$52.05▼$52.8850-Day Range$44.52▼$53.9752-Week Range$37.49▼$54.11Volume84,826 shsAverage Volume278,028 shsMarket Capitalization$1.65 billionP/E Ratio36.83Dividend Yield2.15%Price Target$47.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Monro MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside10.6% Downside$47.00 Price TargetShort InterestBearish12.11% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.05Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth11.66%From $1.63 to $1.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.15 out of 5 starsConsumer Discretionary Sector260th out of 267 stocksAutomotive Repair, Services & Parking Industry3rd out of 3 stocks 0.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $47.00, Monro has a forecasted downside of 10.6% from its current price of $52.57.Amount of Analyst CoverageMonro has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.11% of the float of Monro has been sold short.Short Interest Ratio / Days to CoverMonro has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.Change versus previous monthShort interest in Monro has recently decreased by 0.54%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldMonro pays a meaningful dividend of 2.15%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMonro has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of Monro is 78.32%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Monro will have a dividend payout ratio of 61.54% next year. This indicates that Monro will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNRO. Previous Next 2.3 News and Social Media Coverage News SentimentMonro has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Monro this week, compared to 2 articles on an average week.Search Interest6 people have searched for MNRO on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Monro to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Monro insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.50% of the stock of Monro is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Monro are expected to grow by 11.66% in the coming year, from $1.63 to $1.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Monro is 36.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Monro is 36.76, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.10.Price to Earnings Growth RatioMonro has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMonro has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Monro (NASDAQ:MNRO) StockMonro, Inc. engages in the operation of chain stores that provide automotive undercar repair and tire services. The company offers services for brakes, mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. It operates under the brand names Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Tire Barn Warehouse, and Free Service Tire & Auto Centers. The company was founded by Charles J. August in 1957 and is headquartered in Rochester, NY.Read More Receive MNRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monro and its competitors with MarketBeat's FREE daily newsletter. Email Address MNRO Stock News HeadlinesFebruary 5, 2023 | americanbankingnews.comStockNews.com Downgrades Monro (NASDAQ:MNRO) to HoldFebruary 1, 2023 | msn.com18-year-old identified as one of the gunmen who allegedly ambushed Monroe Police; arrestedFebruary 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.February 1, 2023 | msn.comZoo Buddy: Meet Monroe - not the city, the hippo!February 1, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Monro, Inc. (NASDAQ:MNRO) Issued By OppenheimerJanuary 31, 2023 | americanbankingnews.comMonro, Inc. (NASDAQ:MNRO) to Post FY2023 Earnings of $1.59 Per Share, Jefferies Financial Group ForecastsJanuary 29, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for Monro, Inc. (NASDAQ:MNRO) Cut by Jefferies Financial GroupJanuary 27, 2023 | finance.yahoo.comMonro Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS In LineFebruary 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 25, 2023 | finance.yahoo.comMonro Muffler Brake (MNRO) Tops Q3 Earnings and Revenue EstimatesJanuary 25, 2023 | finance.yahoo.comMonro, Inc. Announces Third Quarter Fiscal 2023 Financial ResultsJanuary 21, 2023 | msn.comCity of West Monroe announces 2022 accomplishmentsJanuary 21, 2023 | msn.comMonroe restaurant owner receives the Restaurateur of the Year Louey AwardJanuary 21, 2023 | msn.comMariah Carey and Daughter Monroe Twin in Electric Pink Puffer Coats on Ski Trip: PicsJanuary 21, 2023 | msn.comRachel Monroe: 'True crime' entertains us with someone else's painJanuary 20, 2023 | finance.yahoo.comBe Wary Of Monro (NASDAQ:MNRO) And Its Returns On CapitalJanuary 15, 2023 | msn.comNELA organizations gather to support mothers for LA Life March 2023 in West MonroeJanuary 15, 2023 | msn.comAddison Rae Looks Exactly Like Marilyn Monroe in a Plunging Pink Party DressJanuary 15, 2023 | msn.comCoroner called to scene of Monroe County house fireJanuary 15, 2023 | foxnews.comOn this day in history, Jan. 14, 1954, Marilyn Monroe marries Joe DiMaggioJanuary 11, 2023 | finance.yahoo.comMonro, Inc. to Report Third Quarter Fiscal 2023 Earnings on January 25, 2023January 9, 2023 | msn.comMonroe Township woman charged with felonious assault, domestic violence after shooting husbandJanuary 9, 2023 | msn.comPolice: Man tried to swallow joint, throw marijuana out of vehicle during Monroe Co. pursuitJanuary 6, 2023 | finance.yahoo.comIs It Too Late To Consider Buying Monro, Inc. (NASDAQ:MNRO)?December 8, 2022 | finance.yahoo.comMonro Waives Battery Installation Charges along with Other Strategic InitiativesNovember 15, 2022 | finance.yahoo.comMonro, Inc. Announces Amendment & Extension to Existing Credit FacilityNovember 9, 2022 | finance.yahoo.comMonro, Inc. to Participate at the Stephens Annual Investment ConferenceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MNRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monro and its competitors with MarketBeat's FREE daily newsletter. Email Address MNRO Company Calendar Ex-Dividend for 12/20 Dividend12/05/2022Dividend Payable12/20/2022Last Earnings1/25/2023Today2/08/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/18/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Automotive repair, services & parking Sub-IndustryAutomotive Retail SectorConsumer Discretionary Current SymbolNASDAQ:MNRO CUSIP61023610 CIK876427 Webwww.monro.com Phone(585) 647-6400Fax585-647-0945Employees8,750Year Founded1957Price Target and Rating Average Stock Price Forecast$47.00 High Stock Price Forecast$47.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside-10.7%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio36.83 Forward P/E Ratio32.31 P/E Growth2.13Net Income$61.57 million Net Margins3.52% Pretax Margin4.67% Return on Equity6.52% Return on Assets2.66% Debt Debt-to-Equity Ratio0.62 Current Ratio0.63 Quick Ratio0.30 Sales & Book Value Annual Sales$1.36 billion Price / Sales1.22 Cash Flow$4.34 per share Price / Cash Flow12.14 Book Value$22.33 per share Price / Book2.36Miscellaneous Outstanding Shares31,400,000Free Float29,983,000Market Cap$1.65 billion OptionableOptionable Beta1.03 Social Links Key ExecutivesMichael T. BroderickPresident, Chief Executive Officer & DirectorBrian J. D'AmbrosiaChief Financial Officer, Treasurer & Executive VPCindy L. DonovanSenior Vice President-Information TechnologyMaureen E. MulhollandSecretary, Chief Legal Officer & Executive VPJack HeismanVice President-Business Development & Real EstateKey CompetitorsMister Car WashNYSE:MCWSuper GroupNYSE:SGHCVista OutdoorNYSE:VSTOAdtalem Global EducationNYSE:ATGEVIZIONYSE:VZIOView All CompetitorsInsiders & InstitutionsEnvestnet Asset Management Inc.Sold 713 shares on 2/7/2023Ownership: 0.338%Texas Permanent School FundSold 2,012 shares on 2/7/2023Ownership: 0.067%Commonwealth Equity Services LLCSold 197 shares on 2/7/2023Ownership: 0.017%Pacer Advisors Inc.Bought 50,843 shares on 2/6/2023Ownership: 0.721%Wrapmanager Inc.Sold 1,087 shares on 2/6/2023Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions MNRO Stock - Frequently Asked Questions What is Monro's stock price forecast for 2023? 0 Wall Street research analysts have issued 1 year price objectives for Monro's shares. Their MNRO share price forecasts range from $47.00 to $47.00. On average, they expect the company's stock price to reach $47.00 in the next twelve months. This suggests that the stock has a possible downside of 10.7%. View analysts price targets for MNRO or view top-rated stocks among Wall Street analysts. How have MNRO shares performed in 2023? Monro's stock was trading at $45.20 at the beginning of the year. Since then, MNRO shares have increased by 16.5% and is now trading at $52.66. View the best growth stocks for 2023 here. When is Monro's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023. View our MNRO earnings forecast. How were Monro's earnings last quarter? Monro, Inc. (NASDAQ:MNRO) issued its quarterly earnings results on Wednesday, January, 25th. The auto parts company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.05. The auto parts company earned $335.20 million during the quarter, compared to analyst estimates of $330.87 million. Monro had a trailing twelve-month return on equity of 6.52% and a net margin of 3.52%. Monro's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 EPS. How often does Monro pay dividends? What is the dividend yield for Monro? Monro declared a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Tuesday, December 6th will be given a dividend of $0.28 per share on Tuesday, December 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Monday, December 5th. Read our dividend analysis for MNRO. Is Monro a good dividend stock? Monro (NASDAQ:MNRO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.15%. 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 61.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MNRO. What is Brett Ponton's approval rating as Monro's CEO? 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. What other stocks do shareholders of Monro own? 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). What is Monro's stock symbol? Monro trades on the NASDAQ under the ticker symbol "MNRO." Who are Monro's major shareholders? Monro's stock is owned by a variety of institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (3.40%), Russell Investments Group Ltd. (0.91%), Pacer Advisors Inc. (0.72%), Scout Investments Inc. (0.41%), Peregrine Capital Management LLC (0.36%) and Envestnet Asset Management Inc. (0.34%). Insiders that own company stock include John L Auerbach, Leah C Johnson, Michael T Broderick and Peter J Solomon. View institutional ownership trends. How do I buy shares of Monro? 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. Compare Top Brokerages Here. What is Monro's stock price today? One share of MNRO stock can currently be purchased for approximately $52.66. How much money does Monro make? Monro (NASDAQ:MNRO) has a market capitalization of $1.65 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. How many employees does Monro have? The company employs 8,750 workers across the globe. How can I contact Monro? 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. This page (NASDAQ:MNRO) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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