Morningstar (MORN) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Morningstar 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" 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.

Morningstar's stock was trading at $216.59 at the beginning of 2023. Since then, MORN shares have increased by 8.1% and is now trading at $234.24.
View the best growth stocks for 2023 here.

Morningstar saw a increase in short interest in September. As of September 15th, there was short interest totaling 427,900 shares, an increase of 100.0% from the August 31st total of 213,900 shares. Based on an average daily volume of 273,100 shares, the short-interest ratio is presently 1.6 days. Currently, 1.6% of the company's shares are short sold.
View Morningstar's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our MORN earnings forecast.

Morningstar, Inc. (NASDAQ:MORN) issued its quarterly earnings results on Wednesday, July, 26th. The business services provider reported $1.60 earnings per share for the quarter. The business services provider earned $504.70 million during the quarter. Morningstar had a trailing twelve-month return on equity of 12.16% and a net margin of 1.18%.

Morningstar announced a quarterly dividend on Friday, September 15th. Shareholders of record on Friday, October 6th will be paid a dividend of $0.375 per share on Tuesday, October 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Thursday, October 5th.
Read our dividend analysis for MORN.

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).

Morningstar (NASDAQ:MORN) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.64%. 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.

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).

Morningstar trades on the NASDAQ under the ticker symbol "MORN."

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.
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One share of MORN stock can currently be purchased for approximately $234.24.

Morningstar (NASDAQ:MORN) has a market capitalization of $9.99 billion and generates $1.87 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.

The company employs 12,224 workers across the globe.

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.