NASDAQ:MORN

Morningstar (MORN) Stock Forecast, Price & News

$239.10

-2.92 (-1.21%)

(As of 09/26/2023 ET)

Compare

Today's Range: $237.49
▼
$242.35
50-Day Range: $212.70
▼
$255.43
52-Week Range: $163.28
▼
$259.28

Volume: 253,725 shs
Average Volume: 183,831 shs
Market Capitalization: $10.20 billion

P/E Ratio: 451.14
Dividend Yield: 0.63%
Price Target: N/A

Morningstar MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.81% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.54
Upright™ Environmental Score
News Sentiment: 0.73
Based on 8 Articles This Week
Insider Trading: Selling Shares
$33.79 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Business Services Sector

190th out of 303 stocks

Investment Advice Industry

42nd out of 51 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Morningstar.

3.0

Short Interest

Percentage of Shares Shorted
0.81% 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 1, 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 8.19%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Morningstar has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Morningstar has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Morningstar is 283.02%. Payout ratios above 75% are not desirable because they may not be sustainable.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Morningstar has received a 30.46% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Credit reporting services", "Financial consulting", and "Trust services" products. See details.
Environmental Sustainability
The Environmental Impact score for Morningstar is -0.54.

2.1

News and Social Media Coverage

News Sentiment
Morningstar has a news sentiment score of 0.73. 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 8 news articles for Morningstar this week, compared to 10 articles on an average week.
MarketBeat Follows
5 people have added Morningstar to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

3.3

Company Ownership

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 $33,788,334.00 in company stock.
Percentage Held by Insiders
39.90% 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.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Morningstar is 451.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Morningstar is 451.14, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.83.
Price to Book Value per Share Ratio
Morningstar has a P/B Ratio of 8.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Morningstar (NASDAQ:MORN) Stock

Morningstar, Inc. provides independent investment insights in the United States, Canada, Asia, Australia, Europe, the United Kingdom, and internationally. The company provides investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index; environmental, social, and governance (ESG) rating, as well as indexes directly on its proprietary desktop or web-based software platforms, or through subscriptions, data feeds, and third-party distributors; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, private credit, and bank loans. It also provides Morningstar Data that offers data and research to asset managers, redistributors, and wealth managers; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service to reduce compliance risk, as well as offers asset-allocation services; Morningstar Advisor Workstation, a web-based research, investment planning, and portfolio analysis platform; and Morningstar.com, a data, editorial, and research content product, as well as Morningstar Office. In addition, the company offers Morningstar Enterprise Components; Morningstar Indexes for creating investment products and other portfolios; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, it provides Morningstar Research; DBRS Morningstar; and Morningstar Sustainalytics, as well as a mobile application, CRM integrations, excel plug-in, data feeds, and data solutions through PitchBook. The company serves financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors, as well as issuers of securities. Morningstar, Inc. was incorporated in 1984 and is based in Chicago, Illinois.

MORN Price History

30 days | 90 days | 365 days | Advanced Chart

MORN Stock News Headlines

August 31, 2023 | marketbeat.com

Investors' shift to low-cost funds brings average fees down

Fund investors are keeping more of what’s theirs

August 29, 2023 | marketbeat.com

10 Best Consumer Discretionary ETFs (MORN)

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September 27, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

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September 25, 2023 | finance.yahoo.com

Morningstar, Inc. to Announce Third-Quarter 2023 Financial Results on Oct. 25

September 24, 2023 | msn.com

Morningstar's top 10 for long-term value stocks

September 21, 2023 | benzinga.com

Stewart Investors Receives the Morningstar ESG Commitment Level Designation of "Leader"

September 20, 2023 | theglobeandmail.com

Closing Bell: CI Morningstar Intl Value Idx ETF up on Wednesday (VXM)

September 20, 2023 | msn.com

4 undervalued long-term stock picks from Morningstar

September 27, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

September 20, 2023 | theglobeandmail.com

Closing Bell: CI Morningstar US Value Index ETF down on Monday (XXM)

September 19, 2023 | theglobeandmail.com

Closing Bell: CI Morningstar Nb Quebec ETF down on Tuesday (QXM)

September 19, 2023 | finance.yahoo.com

US active ETFs and mutual funds outperform passive rivals

September 18, 2023 | theglobeandmail.com

Closing Bell: CI Morningstar Intl Value Idx ETF down on Monday (VXM)

September 18, 2023 | barrons.com

Morningstar Inc.

September 15, 2023 | msn.com

4 undervalued stocks that can benefit from lower interest rates: Morningstar

September 14, 2023 | seekingalpha.com

CI Morningstar Canada Value Index ETF declares CAD 0.174 dividend

September 14, 2023 | msn.com

Five undervalued stocks with recently raised dividends: Morningstar

September 14, 2023 | theglobeandmail.com

Closing Bell: TD Morningstar ESG Can Corp Bnd Indx ETF up on Wednesday (TMCC)

September 13, 2023 | reuters.com

Morningstar to cut up to 12% of staff at ESG unit Sustainalytics

September 13, 2023 | finance.yahoo.com

Sound Income Strategies' Fxed ETF Performance Ranked No. 1 in Peer Group by Morningstar

September 12, 2023 | msn.com

Morningstar’s David Sekera sees stocks as slightly undervalued but worries about volatility

September 11, 2023 | finance.yahoo.com

Morningstar Brings the Evolving Investor to Future Proof

September 9, 2023 | msn.com

3 strong and undervalued dividend stocks: Morningstar

September 8, 2023 | morningstar.com.au

2 attractive ETFs newly rated by Morningstar

September 7, 2023 | benzinga.com

Domini Designated ESG 'Leader' by Morningstar

September 7, 2023 | news.yahoo.com

Roger Morningstar removed from Lewis County Veterans Advisory Board

September 7, 2023 | msn.com

Three strong and undervalued dividend stocks: Morningstar

See More Headlines

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MORN Company Calendar

Ex-Dividend for 7/31 Dividend: 7/06/2023
Last Earnings: 7/26/2023
Dividend Payable: 7/31/2023
Today: 9/27/2023
Ex-Dividend for 10/31 Dividend: 10/05/2023
Next Earnings (Confirmed): 10/25/2023
Dividend Payable: 10/31/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment advice
Sub-Industry: Publishing
Sector: Business Services
Current Symbol: NASDAQ:MORN
CUSIP: 61770010
CIK: 1289419
Web: www.morningstar.com
Phone: (312) 696-6000
Fax: 312-696-6009
Employees: 12,224
Year Founded: 1984

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 451.14
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $70.50 million
Net Margins: 1.18%
Pretax Margin: 3.22%
Return on Equity: 12.16%
Return on Assets: 4.26%

Debt

Debt-to-Equity Ratio: 0.91
Current Ratio: 0.99
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $1.93 billion
Price / Sales: 5.29
Cash Flow: $7.70 per share
Price / Cash Flow: 31.07
Book Value: $28.44 per share
Price / Book: 8.41

Miscellaneous

Outstanding Shares: 42,654,000
Free Float: 25,635,000
Market Cap: $10.20 billion
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. Joseph D. Mansueto (Age 67)
Founder & Exec. Chairman
Comp: $105.25k

Mr. Kunal Kapoor CFA (Age 48)
CEO & Director
Comp: $1.81M

Mr. Jason M. Dubinsky (Age 50)
Chief Financial Officer
Comp: $1.03M

Mr. Daniel Dunn (Age 47)
Chief Revenue Officer
Comp: $814.13k

Ms. Kimberly J. McGarry (Age 71)
Global Controller & Chief Accounting Officer

Mr. James Rhodes
Pres of Data, Research & Enterprise Solutions and CTO

Ms. Barbara Margaret Noverini C.F.A.
Analyst

Ms. Kathleen Peacock
Chief Legal Officer

Stephanie Lerdall
Sr. Mang. of Media Relations

Mr. Steve Bendt
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MORN Stock - Frequently Asked Questions

Should I buy or sell Morningstar stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morningstar in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MORN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MORN, but not buy additional shares or sell existing shares.
View MORN analyst ratings or view top-rated stocks.
How have MORN shares performed in 2023?: Morningstar's stock was trading at $216.59 on January 1st, 2023. Since then, MORN stock has increased by 10.4% and is now trading at $239.10.
View the best growth stocks for 2023 here.
When is Morningstar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our MORN earnings forecast.
How were Morningstar's earnings last quarter?: Morningstar, Inc. (NASDAQ:MORN) released its quarterly earnings results on Wednesday, July, 26th. The business services provider reported $1.60 earnings per share (EPS) for the quarter. The business services provider had revenue of $504.70 million for the quarter. Morningstar had a trailing twelve-month return on equity of 12.16% and a net margin of 1.18%.
How often does Morningstar pay dividends? What is the dividend yield for Morningstar?: Morningstar declared a quarterly dividend on Friday, September 15th. Stockholders of record on Friday, October 6th will be given a dividend of $0.375 per share on Tuesday, October 31st. This represents a $1.50 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, October 5th.
Read our dividend analysis for MORN.
What ETFs hold Morningstar's stock?: ETFs with the largest weight of Morningstar (NASDAQ:MORN) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM) and SPDR S&P Capital Markets ETF (KCE).Harbor Corporate Culture Leaders ETF (HAPY).
Is Morningstar a good dividend stock?: Morningstar (NASDAQ:MORN) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.61%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 283.02%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MORN.
What other stocks do shareholders of Morningstar own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Morningstar investors own include AT&T (T), Pfizer (PFE), Gilead Sciences (GILD), Verizon Communications (VZ), Adobe (ADBE), Align Technology (ALGN), Salesforce (CRM), Walt Disney (DIS), Starbucks (SBUX) and UnitedHealth Group (UNH).

What is Morningstar's stock symbol?: Morningstar trades on the NASDAQ under the ticker symbol "MORN."
Who are Morningstar's major shareholders?: Morningstar's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (2.94%), BlackRock Inc. (2.69%), JPMorgan Chase & Co. (1.81%), Goldman Sachs Group Inc. (1.77%), Wasatch Advisors LP (1.19%) and State Street Corp (0.94%). Insiders that own company stock include Bevin Desmond, Caroline J Tsay, Daniel Joseph Dunn, Gail S Landis, Jason Dubinsky, Joseph D Mansueto, Joseph D Mansueto, Peter G Thomson, Robin Diamonte, Steven N Kaplan and William M Lyons.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Morningstar's stock price today?: One share of MORN stock can currently be purchased for approximately $239.10.
How much money does Morningstar make?: Morningstar (NASDAQ:MORN) has a market capitalization of $10.20 billion and generates $1.93 billion in revenue each year. The business services provider earns $70.50 million in net income (profit) each year or $0.53 on an earnings per share basis.
How many employees does Morningstar have?: The company employs 12,224 workers across the globe.
Does Morningstar have any subsidiaries?: The following companies are subsidiares of Morningstar: 10K Wizard, AAA UK Acquisition Co. Limited, AAA UK Holding Co. Limited, ADL (Aust) Pty Limited, AdviserLogic, ByAllAccounts, Corporate Fundamentals Inc., Cuffelinks Pty Ltd, DBRS, DBRS Limited, DBRS Ratings GmbH, DBRS Ratings Limited, Footnoted, Fundamental Data Limited, HelloWallet, Ibbotson Associates Japan K.K., Ibbotson Pty Limited, InvestSoft Technology, Investigaciones MS Mexico S. de R.L. de C.V., Logical Information Machines, MStar Holdings C.V., Morningstar (Dubai) Ltd., Morningstar (Shenzhen) Ltd., Morningstar Asia Ltd., Morningstar Associates inc., Morningstar Australasia Pty Limited, Morningstar Brazil Financial Information Ltda., Morningstar Canada Group inc., Morningstar Commodity Data Inc., Morningstar Credit Ratings LLC, Morningstar Danmark, Morningstar Danmark A/S, Morningstar Danmark Holding Aps, Morningstar Deutschland GmbH, Morningstar Direct Investments, Morningstar Europe B.V., Morningstar Europe Ltd., Morningstar Europe Services S.L., Morningstar Finance Limited, Morningstar France Fund Information SARL, Morningstar France Holding SAS, Morningstar Global LLC, Morningstar Group Australia Pty Limited, Morningstar HoldCo AB, Morningstar Holland B.V., Morningstar India Private Limited, Morningstar Investment Adviser India Private Limited, Morningstar Investment Adviser Singapore Pte Limited, Morningstar Investment Consulting France SAS, Morningstar Investment Management Asia Limited, Morningstar Investment Management Australia Limited, Morningstar Investment Management Europe Limited, Morningstar Investment Management LLC, Morningstar Investment Management South Africa (Pty) Limited, Morningstar Investment Services LLC, Morningstar Italy S.R.L., Morningstar Korea Ltd., Morningstar Luxembourg SARL, Morningstar Network S.L., Morningstar Norge AS, Morningstar Ratings Holding Corp., Morningstar Real-Time Data Limited, Morningstar Research (Proprietary) Limited, Morningstar Research Limited, Morningstar Research Pte Limited, Morningstar Research Services LLC, Morningstar Research Thailand Limited, Morningstar Research inc., Morningstar Sweden AB, Morningstar Switzerland GmbH, Morningstar U.K. Ltd., Old Broad Street Research, PitchBook Data, Pitchbook Data Inc., Pitchbook Data Limited, PlanPlus Global, Ratings Acquisition Corporation, RightPond, Servicios MStar Global S. de R.L. de C.V., Servicios Morningstar Chile Ltd., Sustainalytics, Tenfore Systems, Total Rebalance Expert, and mPower.com.
Read More
How can I contact Morningstar?: Morningstar's mailing address is 22 WEST WASHINGTON STREET, CHICAGO IL, 60602. The official website for the company is www.morningstar.com. The business services provider can be reached via phone at (312) 696-6000, via email at investors@morningstar.com, or via fax at 312-696-6009.

This page (NASDAQ:MORN) was last updated on 9/27/2023 by MarketBeat.com Staff

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