Morningstar (MORN) Stock Price, News & Analysis

Company Overview

Morningstar, Inc. is a leading provider of independent investment research, data, and analytics, serving both individual investors and financial professionals. The company offers comprehensive coverage of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds and market indexes. Morningstar’s proprietary rating systems and research methodologies help clients assess the risk and return profiles of investment opportunities and make informed decisions.

Its core products include Morningstar Direct, an institutional investment analysis platform; Morningstar Office Cloud, a portfolio management solution for advisors; and Morningstar Data, which delivers extensive datasets through APIs and data feeds. In addition, the firm provides digital tools such as portfolio X-ray and scenario analysis, as well as model portfolio strategies via its Investment Management division. Morningstar’s Credit Ratings business covers corporate, municipal and sovereign debt, while its Sustainalytics unit offers environmental, social and governance (ESG) research and ratings.

Founded in 1984 by Joe Mansueto and headquartered in Chicago, Illinois, Morningstar went public in 2005. Over the years, the company has expanded through strategic acquisitions—including PitchBook Data for private capital markets intelligence and financial planning software vendor Ibbotson Associates—to broaden its product suite. In 2020, industry veteran Kunal Kapoor was appointed chief executive officer, overseeing continued innovation in data delivery and research platforms.

Morningstar operates globally with offices across North America, Europe, Asia and Australia, supporting a diverse client base of asset managers, broker-dealers, wealth managers and individual investors. The company remains committed to transparency and independence in its research, aiming to empower investors with objective insights and to foster better financial outcomes worldwide.

Key Stats

• Today's Range: $225.56 to $228.70
• 50-Day Range: $223.63 to $276.46
• 52-Week Range: $221.02 to $365.00
• Volume: 170,033 shs
• Average Volume: 263,399 shs
• Market Capitalization: $9.58 billion
• P/E Ratio: 24.12
• Dividend Yield: 0.80%
• Price Target: $355.00
• Consensus Rating: Moderate Buy

Morningstar Stock Analysis - MarketRank™

Morningstar scored higher than 91% of companies evaluated by MarketBeat, and ranked 37th out of 318 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Morningstar has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Morningstar has a consensus price target of $355.00, representing about 56.4% upside from its current price of $227.02.

Amount of Analyst Coverage

Morningstar has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Morningstar is 24.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morningstar is 24.12, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.34.

Price to Book Value per Share Ratio

Morningstar has a P/B Ratio of 6.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.28% of the float of Morningstar has been sold short.

Short Interest Ratio / Days to Cover

Morningstar has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Morningstar has recently increased by 14.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Morningstar has a dividend yield of 0.81%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Morningstar has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of Morningstar is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.45

Percentage of Shares Shorted

4.28% of the float of Morningstar has been sold short.

Short Interest Ratio / Days to Cover

Morningstar has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Morningstar has recently increased by 14.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.60

News Sentiment

Morningstar has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Morningstar this week, compared to 24 articles on an average week.

Search Interest

12 people have searched for MORN on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Morningstar to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Morningstar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,341,957.00 in company stock.

Percentage Held by Insiders

36.20% of the stock of Morningstar is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.02% of the stock of Morningstar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MORN Stock Analysis - Frequently Asked Questions

How have MORN shares performed this year?

Morningstar's stock was trading at $336.76 at the beginning of the year. Since then, MORN shares have decreased by 32.6% and is now trading at $227.02.

How were Morningstar's earnings last quarter?

Morningstar, Inc. (NASDAQ:MORN) posted its earnings results on Wednesday, July, 30th. The business services provider reported $2.40 earnings per share for the quarter, beating analysts' consensus estimates of $2.21 by $0.19. The business services provider had revenue of $605.10 million for the quarter, compared to analysts' expectations of $605.84 million. Morningstar had a trailing twelve-month return on equity of 23.54% and a net margin of 17.22%.

Does Morningstar have any subsidiaries?

Morningstar subsidiaries include these companies: Sustainalytics, PlanPlus Global, AdviserLogic, DBRS, PitchBook Data, InvestSoft Technology, RightPond, and more.

Who are Morningstar's major shareholders?

Top institutional investors of Morningstar include Voya Investment Management LLC (0.03%), YHB Investment Advisors Inc. (0.03%) and GAMMA Investing LLC. Insiders that own company stock include Joseph D Mansueto, Steven N Kaplan, Jason Dubinsky, Daniel Joseph Dunn, William M Lyons, Robin Diamonte, Gail S Landis and Caroline J Tsay.
View institutional ownership trends.

How do I buy shares of Morningstar?

Shares of MORN 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.

What other stocks do shareholders of Morningstar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Morningstar investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), iShares Micro-Cap ETF (IWC) and DiamondRock Hospitality (DRH).

Company Calendar

• Record date for 7/31 Dividend: 7/11/2025
• Ex-Dividend for 7/31 Dividend: 7/11/2025
• Last Earnings: 7/30/2025
• Dividend Payable: 7/31/2025
• Record date for 10/31 Dividend: 10/03/2025
• Ex-Dividend for 10/31 Dividend: 10/03/2025
• Today: 10/09/2025
• Next Earnings (Confirmed): 10/29/2025
• Dividend Payable: 10/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: BUSINESS INFO SVC
• Sub-Industry: Publishing
• Current Symbol: NASDAQ:MORN
• CIK: 1289419
• Web: www.morningstar.com
• Phone: (312) 696-6000
• Fax: 312-696-6009
• Employees: 11,085
• Year Founded: 1984

Price Target and Rating

• Average Price Target for Morningstar: $355.00
• High Price Target: $355.00
• Low Price Target: $355.00
• Potential Upside/Downside: +55.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $9.39
• Trailing P/E Ratio: 24.31
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $369.90 million
• Net Margins: 17.22%
• Pretax Margin: 23.00%
• Return on Equity: 23.54%
• Return on Assets: 10.52%

Debt

• Debt-to-Equity Ratio: 0.52
• Current Ratio: 1.13
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $2.35 billion
• Price / Sales: 4.10
• Cash Flow: $12.48 per share
• Price / Cash Flow: 18.29
• Book Value: $37.74 per share
• Price / Book: 6.05

Miscellaneous

• Outstanding Shares: 42,178,000
• Free Float: 26,910,000
• Market Cap: $9.63 billion
• Optionable: Optionable
• Beta: 1.00