NASDAQ:MNRO - Monro Stock Price, Forecast & News

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

Monro announced a quarterly dividend on Wednesday, November 27th. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.22 per share on Tuesday, December 24th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, December 9th. View Monro's Dividend History.

Monro Inc (NASDAQ:MNRO) issued its quarterly earnings results on Thursday, January, 30th. The auto parts company reported $0.56 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.05. The auto parts company earned $329.30 million during the quarter, compared to the consensus estimate of $338.04 million. The company's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.61 EPS. View Monro's Earnings History.

Monro is scheduled to release their next quarterly earnings announcement on Tuesday, May 19th 2020. View Earnings Estimates for Monro.

Monro issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.48. The company issued revenue guidance of $1.275-1.29 billion, compared to the consensus revenue estimate of $1.30 billion.

7 brokers have issued 12 month target prices for Monro's shares. Their forecasts range from $65.00 to $92.00. On average, they anticipate Monro's share price to reach $79.20 in the next year. This suggests a possible upside of 28.3% from the stock's current price. View Analyst Price Targets for Monro.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monro.

News articles about MNRO stock have trended neutral on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Monro earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the auto parts company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Monro.

Monro saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,930,000 shares, an increase of 6.7% from the January 15th total of 4,620,000 shares. Based on an average daily trading volume, of 267,600 shares, the short-interest ratio is presently 18.4 days. Approximately 15.1% of the company's shares are sold short. View Monro's Current Options Chain.

Some companies that are related to Monro include AutoZone (AZO), Advance Auto Parts (AAP), AutoNation (AN), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), America's Car-Mart (CRMT), CarMax (KMX), Group 1 Automotive (GPI), Lithia Motors (LAD), O'Reilly Automotive (ORLY), Penske Automotive Group (PAG) and Sonic Automotive (SAH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Cummins (CMI), Altria Group (MO), Verizon Communications (VZ), Lam Research (LRCX), Tractor Supply (TSCO), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Alibaba Group (BABA), Walt Disney (DIS) and Energy Transfer LP Unit (ET).

Monro's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.03%), Victory Capital Management Inc. (1.78%), FIL Ltd (1.60%), FMR LLC (1.51%), Victory Capital Management Inc. (1.48%) and Copeland Capital Management LLC (1.44%). Company insiders that own Monro stock include Donald Glickman, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Samuel Senuk 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 Marshall Wace LLP, Victory Capital Management Inc., Eaton Vance Management, Goldman Sachs Group Inc., Peregrine Capital Management LLC, FMR LLC, Victory Capital Management Inc. and Marshall Wace North America L.P.. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland and Peter J Solomon. View Insider Buying and Selling for Monro.

MNRO stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Copeland Capital Management LLC, Point72 Asset Management L.P., FIL Ltd, Sei Investments Co., Great West Life Assurance Co. Can, UBS Group AG and State Street Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of MNRO stock can currently be purchased for approximately $61.74.