Monro Stock Forecast, Price & News

0 Wall Street analysts have issued 12-month target prices for Monro's stock. 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 4.8% 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 2022. Since then, MNRO stock has decreased by 23.0% and is now trading at $44.86.
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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) posted its quarterly 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 the consensus estimate 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 was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.38 EPS.
View Monro's earnings history.

Monro declared a quarterly dividend on Thursday, May 19th. Shareholders 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 dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, June 3rd. This is an increase 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 2.46%. 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."

Monro's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.71%), Vanguard Group Inc. (10.95%), Wasatch Advisors Inc. (7.45%), Westwood Holdings Group Inc. (4.34%), State Street Corp (3.60%) and Wellington Management Group LLP (3.26%). Company insiders that own Monro stock include Donald Glickman, John L Auerbach, Maureen Mulholland, Michael T Broderick and Peter J Solomon.
View institutional ownership trends for Monro.

MNRO stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Clearbridge Investments LLC, Ensign Peak Advisors Inc, JPMorgan Chase & Co., Goldman Sachs Group Inc., Fenimore Asset Management Inc., TD Asset Management Inc., and Sei Investments Co.. Company insiders that have sold Monro company stock in the last two years include John L Auerbach, and Peter J Solomon.
View insider buying and selling activity for Monro or view top insider-selling stocks.

MNRO stock was acquired by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Wellington Management Group LLP, Renaissance Technologies LLC, abrdn plc, Dimensional Fund Advisors LP, Engineers Gate Manager LP, Gamco Investors INC. ET AL, and Gamco Investors INC. ET AL.
View insider buying and selling activity for Monro or or view top insider-buying stocks.

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.
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One share of MNRO stock can currently be purchased for approximately $44.86.

Monro (NASDAQ:MNRO) has a market capitalization of $1.51 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.