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NASDAQ:MNRO

Monro (MNRO) Stock Price, News & Analysis

$23.65
+0.04 (+0.17%)
(As of 05/31/2024 ET)
Today's Range
$23.30
$24.10
50-Day Range
$22.52
$31.54
52-Week Range
$22.35
$44.11
Volume
854,778 shs
Average Volume
699,531 shs
Market Capitalization
$707.61 million
P/E Ratio
20.04
Dividend Yield
4.74%
Price Target
$35.00

Monro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
48.0% Upside
$35.00 Price Target
Short Interest
Bearish
13.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.18mentions of Monro in the last 14 days
Based on 34 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
42.25%
From $0.71 to $1.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.62 out of 5 stars

Consumer Discretionary Sector

171st out of 269 stocks

Automotive Repair, Services & Parking Industry

4th out of 4 stocks

MNRO stock logo

About Monro Stock (NASDAQ:MNRO)

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. In addition, it operates stores under the brand names of 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, Mountain View Tire & Auto Service, and Tire Barn Warehouse. The company was founded in 1957 and is headquartered in Rochester, New York.

MNRO Stock Price History

MNRO Stock News Headlines

Memorial Day 2024 in Monroe
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Company Calendar

Ex-Dividend for 3/22 Dividend
3/07/2024
Dividend Payable
3/22/2024
Last Earnings
5/23/2024
Today
6/02/2024
Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Automotive repair, services & parking
Sub-Industry
Automotive Retail
Current Symbol
NASDAQ:MNRO
CUSIP
61023610
Employees
8,600
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$35.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+48.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$37.57 million
Pretax Margin
4.06%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$3.84 per share
Book Value
$21.95 per share

Miscellaneous

Free Float
29,108,000
Market Cap
$707.51 million
Optionable
Optionable
Beta
1.14

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MNRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Monro stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MNRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNRO, but not buy additional shares or sell existing shares.
View MNRO analyst ratings
or view top-rated stocks.

What is Monro's stock price target for 2024?

1 equities research analysts have issued twelve-month target prices for Monro's stock. Their MNRO share price targets range from $35.00 to $35.00. On average, they anticipate the company's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
View analysts price targets for MNRO
or view top-rated stocks among Wall Street analysts.

How have MNRO shares performed in 2024?

Monro's stock was trading at $29.34 at the beginning of 2024. Since then, MNRO shares have decreased by 19.4% and is now trading at $23.65.
View the best growth stocks for 2024 here
.

When is Monro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our MNRO earnings forecast
.

How were Monro's earnings last quarter?

Monro, Inc. (NASDAQ:MNRO) announced its quarterly earnings data on Thursday, May, 23rd. The auto parts company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.13. The auto parts company had revenue of $310.08 million for the quarter, compared to the consensus estimate of $320.16 million. Monro had a net margin of 2.94% and a trailing twelve-month return on equity of 6.25%. Monro's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.08 EPS.

How often does Monro pay dividends? What is the dividend yield for Monro?

Monro announced a quarterly dividend on Thursday, May 23rd. Investors of record on Tuesday, June 4th will be given a dividend of $0.28 per share on Tuesday, June 18th. This represents a $1.12 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Tuesday, June 4th.
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 4.74%. MNRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 94.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MNRO will have a dividend payout ratio of 110.89% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MNRO.

What ETFs hold Monro's stock?

ETFs with the largest weight of Monro (NASDAQ:MNRO) stock in their portfolio include Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ).

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).

Who are Monro's major shareholders?

Monro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.09%), William Blair Investment Management LLC (3.37%), Gamco Investors INC. ET AL (1.76%), Russell Investments Group Ltd. (0.66%), Heartland Advisors Inc. (0.62%) and Sei Investments Co. (0.53%). Insiders that own company stock include John L Auerbach, Leah C Johnson and Michael T Broderick.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNRO) was last updated on 6/2/2024 by MarketBeat.com Staff

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