Morningstar Company Profile (NASDAQ:MORN)

About Morningstar

Morningstar logo

Morningstar, Inc. is a provider of independent investment research in North America, Europe, Australia and Asia. The Company offers a line of data, software, research and investment management offerings for financial advisors, asset managers, retirement plan providers and sponsors, and individual investors. In addition to its United States-based products and services, the Company offers local versions of its products designed for investors in Asia, Australia, Canada, Europe, Latin America and South Africa. The Company serves approximately 250,000 financial advisors, over 1,300 asset management firms, approximately 30 retirement plan providers, over 300,000 retirement plan sponsors and approximately 10.1 million individual investors. The Company has operations in approximately 30 countries. The Company tracks market data on approximately 20 million exchange-traded equities, derivatives, commodities, currencies and other investments.

Industry, Sector and Symbol:

Sector: Business Services
Industry: Information & Delivery Services
Sub-Industry: Publishing
Exchange: NASDAQ
Symbol: MORN
CUSIP: 61770010

Key Metrics:

Previous Close: $79.20
50 Day Moving Average: $81.66
200 Day Moving Average: $83.16
52-Week Range: $73.84 - $89.44
Trailing P/E Ratio: 26.34
Foreward P/E Ratio: 23.56
P/E Growth: 1.64
Market Cap: $3.42B
Outstanding Shares: 43,059,000
Beta: 0.62

Profitability:

Net Margins: 16.68%
Return on Equity: 20.27%
Return on Assets: 12.69%

Debt:

Current Ratio: 1.24%
Quick Ratio: 1.24%

Additional Links:

Companies Related to Morningstar:

Consensus Ratings for Morningstar (NASDAQ:MORN) (?)

Ratings Breakdown:	No ratings tracked in the last 12 months.
Consensus Rating:	N/A (Score: NaN)
Consensus Price Target:	N/A

Analysts' Ratings History for Morningstar (NASDAQ:MORN)

Show:

Date	Firm	Action	Rating	Price Target	Details
4/23/2015	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$73.00 -> $75.00

(Data available from 9/29/2014 forward)

Earnings History for Morningstar (NASDAQ:MORN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/20/2016
7/21/2016	Q2	$0.73	$0.73			View	N/A
4/21/2016	Q1	$0.73	$0.67	$193.60 million	$192.10 million	View	N/A
2/17/2016	Q4	$0.79	$0.85	$204.30 million	$201.60 million	View	N/A
10/21/2015	Q315	$0.83	$0.76	$206.60 million	$195.30 million	View	N/A
7/22/2015	Q115	$0.69	$0.72	$199.38 million	$202.10 million	View	N/A
4/22/2015		$0.68	$0.67			View	N/A
2/11/2015	Q414	$0.66	$0.71	$196.60 million	$196.40 million	View	N/A
10/22/2014	Q314	$0.70	$0.67	$189.90 million	$193.10 million	View	N/A
7/23/2014	Q214	$0.66	$0.63	$182.24 million		View	N/A
4/23/2014	Q114	$0.67	$0.58	$180.77 million	$181.20 million	View	N/A
2/11/2014	Q413	$0.77	$0.68	$184.30 million	$180.50 million	View	N/A
10/23/2013	Q313	$0.61	$0.68	$173.80 million	$173.50 million	View	N/A
2/13/2013	Q4 2012	$0.56	$0.58	$160.20 million	$170.60 million	View	N/A
4/27/2011		$0.46	$0.44			View	N/A
2/17/2011		$0.45	$0.54			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Morningstar (NASDAQ:MORN)

Current Year EPS Consensus Estimate: $3.04 EPS
Next Year EPS Consensus Estimate: $3.34 EPS

Current Dividend Information for Morningstar (NASDAQ:MORN)

Annual Dividend:	$0.88
Dividend Yield:	1.12%
Payout Ratio:	29.24% (Based on Trailing 12 Months of Earnings) 28.95% (Based on Current Year Consensus EPS Estimate) 26.35% (Based on Next Year Consensus EPS Estimate)

Dividend History for Morningstar (NASDAQ:MORN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/29/2016	Quarterly	$0.22		10/5/2016	10/7/2016	10/28/2016
5/16/2016	quarterly	$0.22	1.07%	7/6/2016	7/8/2016	7/29/2016
2/29/2016	quarterly	$0.22	1.11%	4/6/2016	4/8/2016	4/29/2016
12/7/2015	quarterly	$0.22	1.06%	1/6/2016	1/8/2016	1/29/2016
9/28/2015	quarterly	$0.19	0.95%	10/7/2015	10/9/2015	10/30/2015
5/13/2015	quarterly	$0.19	1.01%	7/8/2015	7/10/2015	7/31/2015
2/19/2015	quarterly	$0.19	0.99%	4/8/2015	4/10/2015	4/30/2015
12/5/2014	quarterly	$0.19	1.15%	1/7/2015	1/9/2015	1/30/2015
9/26/2014	quarterly	$0.17		10/8/2014	10/10/2014	10/31/2014
5/13/2014	quarterly	$0.17		7/9/2014	7/11/2014	7/31/2014
2/14/2014	quarterly	$0.17		4/9/2014	4/11/2014	4/30/2014
12/6/2013	quarterly	$0.17	0.84%	1/8/2014	1/10/2014	1/31/2014
10/4/2013	quarterly	$0.13	0.65%	10/9/2013	10/14/2013	10/31/2013
5/14/2013	quarterly	$0.13	0.71%	7/10/2013	7/12/2013	7/31/2013
2/15/2013	quarterly	$0.13	0.72%	4/10/2013	4/12/2013	4/30/2013
12/10/2012	quarterly	$0.13	0.78%	12/13/2012	12/17/2012	12/28/2012

(Data available from 1/1/2013 forward)

Insider Trading History for Morningstar (NASDAQ:MORN)

Insider Ownership Percentage: 58.50%
Institutional Ownership Percentage: 37.39%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/15/2016	Bevin Desmond	Insider	Sell	114	$81.99	$9,346.86
5/10/2016	Bevin Desmond	Insider	Sell	2,000	$82.88	$165,760.00
5/3/2016	Bevin Desmond	Insider	Sell	2,000	$82.73	$165,460.00
4/28/2016	Paul W Sturm	Director	Sell	2,542	$83.99	$213,502.58
4/27/2016	Paul W Sturm	Director	Sell	5,000	$84.08	$420,400.00
4/26/2016	Bevin Desmond	Insider	Sell	2,000	$83.66	$167,320.00
4/26/2016	Paul W Sturm	Director	Sell	2,458	$83.91	$206,250.78
3/29/2016	Gail S Landis	Director	Sell	390	$87.00	$33,930.00
3/21/2016	David W Williams	Insider	Sell	3,000	$85.00	$255,000.00
8/24/2015	Bevin Desmond	insider	Sell	5,000	$78.29	$391,450.00
8/17/2015	Bevin Desmond	Insider	Sell	5,000	$84.21	$421,050.00
5/4/2015	Donald James Phillips II	Director	Sell	2,000	$76.35	$152,700.00
4/27/2015	Donald James Phillips II	Director	Sell	2,000	$75.75	$151,500.00
4/20/2015	Donald James Phillips II	Director	Sell	2,000	$73.23	$146,460.00
4/13/2015	Donald James Phillips II	Director	Sell	2,000	$73.79	$147,580.00
4/6/2015	Donald James Phillips II	Director	Sell	2,000	$74.36	$148,720.00
3/30/2015	Donald James Phillips II	Director	Sell	2,000	$75.62	$151,240.00
3/23/2015	Donald James Phillips II	Director	Sell	2,000	$75.04	$150,080.00
3/16/2015	Donald James Phillips II	Director	Sell	2,000	$74.65	$149,300.00
3/9/2015	Donald James Phillips II	Director	Sell	2,000	$73.63	$147,260.00
3/2/2015	Donald James Phillips II	Director	Sell	2,000	$74.89	$149,780.00
2/23/2015	Donald James Phillips II	Director	Sell	2,000	$76.91	$153,820.00
2/17/2015	Donald James Phillips II	Director	Sell	2,000	$77.26	$154,520.00
12/18/2014	Jack Noonan	Director	Sell	1,000	$65.39	$65,390.00
12/10/2014	Steven N Kaplan	Director	Sell	1,500	$64.52	$96,780.00
11/19/2014	Steven N Kaplan	Director	Sell	1,500	$67.32	$100,980.00
11/18/2014	Jack Noonan	Director	Sell	1,000	$68.40	$68,400.00
11/11/2014	Cheryl A Francis	Director	Sell	1,000	$70.20	$70,200.00
9/24/2014	Steven N Kaplan	Director	Sell	1,000	$68.04	$68,040.00
9/18/2014	Jack Noonan	Director	Sell	1,000	$68.26	$68,260.00
8/18/2014	Jack Noonan	Director	Sell	1,000	$67.74	$67,740.00
7/18/2014	Jack Noonan	Director	Sell	1,000	$68.96	$68,960.00
6/18/2014	Jack Noonan	Director	Sell	1,000	$72.59	$72,590.00
5/19/2014	Jack Noonan	Director	Sell	1,000	$71.40	$71,400.00
5/13/2014	Richard E Robbins	General Counsel	Sell	1,750	$74.22	$129,885.00
5/6/2014	Richard E Robbins	General Counsel	Sell	1,750	$73.34	$128,345.00
4/29/2014	Richard E Robbins	General Counsel	Sell	1,500	$72.53	$108,795.00
4/21/2014	Jack Noonan	Director	Sell	1,000	$75.48	$75,480.00
4/1/2014	David W Williams	Insider	Sell	1,000	$78.91	$78,910.00
3/18/2014	Jack Noonan	Director	Sell	1,000	$82.11	$82,110.00
3/3/2014	David W Williams	Insider	Sell	3,000	$82.37	$247,110.00
2/18/2014	David W Williams	Insider	Sell	3,000	$81.05	$243,150.00
2/18/2014	Jack Noonan	Director	Sell	1,000	$81.48	$81,480.00
1/21/2014	Jack Noonan	Director	Sell	1,000	$78.74	$78,740.00
12/18/2013	Jack Noonan	Director	Sell	1,000	$77.65	$77,650.00
12/10/2013	Steven N Kaplan	Director	Sell	2,000	$80.31	$160,620.00
12/3/2013	Richard E Robbins	General Counsel	Sell	1,000	$81.06	$81,060.00
12/2/2013	David W Williams	Insider	Sell	2,133	$83.12	$177,294.96
11/19/2013	Steven N Kaplan	Director	Sell	2,000	$84.71	$169,420.00
11/18/2013	Jack Noonan	Director	Sell	1,000	$84.29	$84,290.00
11/12/2013	Richard E Robbins	General Counsel	Sell	1,000	$81.09	$81,090.00
11/11/2013	Bevin Desmond	Insider	Sell	6,739	$81.09	$546,465.51
11/8/2013	David W Williams	Insider	Sell	1,646	$80.77	$132,947.42
11/7/2013	David W Williams	Insider	Sell	7,973	$79.92	$637,202.16
11/5/2013	David W Williams	Insider	Sell	3,381	$79.19	$267,741.39
11/4/2013	David W Williams	Insider	Sell	1,500	$79.62	$119,430.00
10/31/2013	David W Williams	Insider	Sell	4,866	$80.69	$392,637.54
10/30/2013	Bevin Desmond	Insider	Sell	3,568	$80.14	$285,939.52
10/29/2013	David W Williams	Insider	Sell	1,690	$80.53	$136,095.70
10/29/2013	Richard E Robbins	General Counsel	Sell	1,000	$80.13	$80,130.00
10/28/2013	David W Williams	Insider	Sell	4,500	$80.77	$363,465.00
10/18/2013	Jack Noonan	Director	Sell	1,000	$74.04	$74,040.00
9/24/2013	Steven N Kaplan	Director	Sell	2,000	$78.24	$156,480.00
9/18/2013	Jack Noonan	Director	Sell	1,000	$78.43	$78,430.00
8/19/2013	Jack Noonan	Director	Sell	1,000	$76.89	$76,890.00
7/29/2013	Cheryl A Francis	Director	Sell	2,880	$75.49	$217,411.20
7/18/2013	Jack Noonan	Director	Sell	1,000	$75.17	$75,170.00
6/18/2013	Christopher P Boruff	Insider	Sell	5,000	$74.96	$374,800.00
6/18/2013	Jack Noonan	Director	Sell	1,000	$74.97	$74,970.00
6/6/2013	Christopher P Boruff	Insider	Sell	5,000	$70.39	$351,950.00
5/22/2013	Christopher P Boruff	Insider	Sell	5,000	$69.79	$348,950.00
5/20/2013	Jack Noonan	Director	Sell	1,000	$70.57	$70,570.00
5/14/2013	David W Williams	Insider	Sell	1,000	$70.00	$70,000.00
2/25/2013	David W Williams	Director	Sell	2,000	$68.74	$137,480.00
11/13/2012	Richard E Robbins	General Counsel	Sell	1,250	$62.94	$78,675.00
11/13/2012	Richard Scott Cooley	CFO	Sell	2,000	$62.63	$125,260.00
11/2/2012	Richard Scott Cooley	CFO	Sell	2,000	$63.95	$127,900.00
11/1/2012	Richard E Robbins	General Counsel	Sell	1,302	$64.19	$83,575.38
10/8/2012	Donald James Phillips II	Insider	Sell	5,000	$63.80	$319,000.00

(Data available from 1/1/2013 forward)

Latest Headlines for Morningstar (NASDAQ:MORN)

Date	Headline
	Morningstar for Advisors App Simplifies Client Engagement for Advisors Anywhere (NASDAQ:MORN) finance.yahoo.com - September 28 at 5:57 PM
	More than 50 percent of shoppers turn first to Amazon in product search (NASDAQ:MORN) www.chicagotribune.com - September 28 at 11:09 AM
	Morningstar Strategic Canadian Equity Fund: Strategic Beta Approach Designed to Generate Attractive Long-Term Risk-Adjusted Performance (NASDAQ:MORN) www.newswire.ca - September 28 at 11:09 AM
	Global Demand Holds Up for Undervalued Carnival (NASDAQ:MORN) finance.yahoo.com - September 27 at 6:04 PM
	The Undiscovered Connection: Value-Led Periods and Active Management - Royce Funds Commentary (NASDAQ:MORN) finance.yahoo.com - September 27 at 6:04 PM
	Morningstar : launches mutual fund model portfolios for investors in India (NASDAQ:MORN) www.4-traders.com - September 23 at 5:49 PM
	Morningstar launches MF model portfolios for investors in India (NASDAQ:MORN) timesofindia.indiatimes.com - September 23 at 5:49 PM
	Shire raises eyebrows with stunning debut (NASDAQ:MORN) uk.finance.yahoo.com - September 23 at 5:49 PM
	IRS helps wealthy kids save more for college (NASDAQ:MORN) www.dallasnews.com - September 21 at 5:54 PM
	Misleading Fund Returns (NASDAQ:MORN) bottomlineinc.com - September 21 at 10:20 AM
	Video: Are There Too Many ETFs in the Marketplace? (NASDAQ:MORN) www.etftrends.com - September 20 at 11:23 AM
	Volatility Rising (NASDAQ:MORN) finance.yahoo.com - September 19 at 6:12 PM
	OTC Markets Group Introduces Online Equity Research Hub in Collaboration with ACF Equity Research, Edison and Sidoti & Company, LLC (NASDAQ:MORN) www.otcmarkets.com - September 19 at 10:44 AM
	REITs New Sector Classification (NASDAQ:MORN) ritholtz.com - September 19 at 10:44 AM
	Morning Ledger: What’s in a Name, REITs About to Find Out (NASDAQ:MORN) blogs.wsj.com - September 19 at 10:44 AM
	Competition in Data Feeds: Court Confirms Commission View (NASDAQ:MORN) www.scl.org - September 19 at 10:44 AM
	Lenders giving residential mortgage-backed securities a rehab (NASDAQ:MORN) www.pionline.com - September 19 at 10:44 AM
	Morningstar, Inc. to Announce Third-Quarter Financial Results on Oct. 20 (NASDAQ:MORN) finance.yahoo.com - September 19 at 10:44 AM
	Vanguard Crushing Competitors With Active Fund Inflows Too (NASDAQ:MORN) www.bloomberg.com - September 16 at 5:58 PM
	Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for August 2016 (NASDAQ:MORN) finance.yahoo.com - September 16 at 5:58 PM
	An Attractive European Stock ETF (NASDAQ:MORN) news.morningstar.com - September 16 at 9:44 AM
	Failing to Measure Up Is $422 Billion Stock Pickers' Crisis (NASDAQ:MORN) www.bloomberg.com - September 15 at 6:15 PM
	RSI Alert: Morningstar Now Oversold (NASDAQ:MORN) www.nasdaq.com - September 15 at 9:37 AM
	Morningstar : EU court confirms Thomson Reuters coding settlement (NASDAQ:MORN) www.4-traders.com - September 15 at 9:37 AM
	EU court confirms Thomson Reuters coding settlement (NASDAQ:MORN) sg.finance.yahoo.com - September 15 at 9:37 AM
	Sustainable Large-Blend Options That Have Beaten the Best (NASDAQ:MORN) finance.yahoo.com - September 15 at 9:37 AM
	Annuity sales trending slightly up year over year: IRI (NASDAQ:MORN) www.lifehealthpro.com - September 14 at 6:19 PM
	Some Liquid Alt Funds Hiding Fees: Morningstar (NASDAQ:MORN) www.investopedia.com - September 14 at 6:19 PM
	Bayer buys Monsanto for $66 bn after months-long pursuit (NASDAQ:MORN) uk.finance.yahoo.com - September 14 at 6:19 PM
	Morningstar Upgrades Analyst Rating for Three U.S. Funds; Downgrades Five Funds; Affirms Ratings on 34 Funds, Two Target-Date Series in August (NASDAQ:MORN) www.pressreleasepoint.com - September 13 at 11:03 AM
	Kinnel's Fantastic 45 Funds (NASDAQ:MORN) news.morningstar.com - September 13 at 11:03 AM
	Picking the right ETF or mutual fund is getting even easier (NASDAQ:MORN) www.msn.com - September 12 at 5:58 PM
	Picking the right ETF or mutual fund is getting even easier (NASDAQ:MORN) www.msn.com - September 12 at 5:58 PM
	No Dog Days For Moat Investors (NASDAQ:MORN) seekingalpha.com - September 12 at 5:58 PM
	No Dog Days For Moat Investors (NASDAQ:MORN) seekingalpha.com - September 12 at 5:58 PM
	Morningstar Upgrades Analyst Rating for Three U.S. Funds; Downgrades Five Funds; Affirms Ratings on 34 Funds, Two Target-Date... (NASDAQ:MORN) ih.advfn.com - September 12 at 5:58 PM
	Morningstar Upgrades Analyst Rating for Three U.S. Funds; Downgrades Five Funds; Affirms Ratings on 34 Funds, Two Target-Date... (NASDAQ:MORN) ih.advfn.com - September 12 at 5:58 PM
	Chuck Jaffe: Picking the right ETF or mutual fund is getting even easier (NASDAQ:MORN) www.marketwatch.com - September 12 at 5:24 AM
	Morningstar Announces Winners of 2016 Awards for Excellence in Investment (NASDAQ:MORN) www.pressreleasepoint.com - September 11 at 10:22 AM
	Morningstar Founder Joe Mansueto to Step Down (NASDAQ:MORN) www.wsj.com - September 9 at 10:54 AM
	Founder of Morningstar stepping down (NASDAQ:MORN) star.txstate.edu - September 9 at 10:54 AM
	Morningstar to launch Analyst Ratings for ETFs, and enhance the Morningstar Rating for Funds (NASDAQ:MORN) www.bobsguide.com - September 9 at 10:54 AM
	Berkshire after Buffett: Analysis sees significant growth, even after CEO's eventual departure (NASDAQ:MORN) www.omaha.com - September 9 at 10:54 AM
	Morningstar to help advisers compare ETFs to mutual funds (NASDAQ:MORN) www.investmentnews.com - September 9 at 10:54 AM
	ECB Stands Pat on Stimulus as Draghi Defends Policy - Wall Street Journal (NASDAQ:MORN) www.wsj.com - September 8 at 7:33 PM
	Morningstar to Enhance Ratings to Allow Better Comparisons Across Fund Types (NASDAQ:MORN) finance.yahoo.com - September 8 at 5:59 PM
	Schwab's Sonders: Fed Should Stop Treating Economy Like Trauma Patient (NASDAQ:MORN) www.investors.com - September 8 at 5:59 PM
	Mansueto Steps Down as Morningstar CEO (NASDAQ:MORN) blogs.barrons.com - September 7 at 6:22 PM
	A.M. Funds Roundup: Mansueto Steps Down At Morningstar (NASDAQ:MORN) blogs.barrons.com - September 7 at 9:46 AM
	The Wall Street Journal: Founder Joe Mansueto to step down as Morningstar CEO (NASDAQ:MORN) www.marketwatch.com - September 6 at 9:39 PM