Morningstar (MORN) Stock Price, News & Analysis

Company Overview

Morningstar, Inc. is a leading provider of independent investment research, data and analytics. Founded in 1984 by Joe Mansueto in Chicago, the company set out to bring transparency to mutual fund performance and portfolio management. Over the decades, Morningstar has expanded its scope to cover a wide array of asset classes, delivering insights that support investment decisions across both public and private markets.

The company’s core offerings include comprehensive datasets, proprietary risk and return models, portfolio optimization tools and extensive fund and equity research. Morningstar Direct serves institutional investors with advanced analytics and reporting capabilities, while Morningstar Office Cloud caters to financial advisors seeking integrated practice management solutions. Through its Morningstar Data business, the firm aggregates and standardizes global market information, enabling clients to build robust investment products and strategies.

In addition to traditional investment research, Morningstar has broadened its footprint through strategic acquisitions and partnerships. Products such as Sustainalytics deliver environmental, social and governance (ESG) ratings and research, while PitchBook provides data on private capital markets. The company also offers credit ratings, index licensing and investment management services through its asset management arm. These diverse lines of business allow Morningstar to serve a spectrum of clients, from individual investors and registered investment advisors to asset managers, insurers and banks.

Operating in more than 30 offices around North America, Europe, Asia-Pacific and Latin America, Morningstar maintains a global presence that supports regional expertise and local market coverage. Under the leadership of President and CEO Kunal Kapoor, the firm continues to innovate in financial technology and research, aiming to empower investors with transparent, high-quality insights. Morningstar’s mission remains rooted in helping investors make smarter decisions by providing objective analysis and data-driven tools.

Key Stats

• Today's Range: $304.39 to $311.62
• 50-Day Range: $282.33 to $313.93
• 52-Week Range: $250.34 to $365.00
• Volume: 326,790 shs
• Average Volume: 158,783 shs
• Market Capitalization: $12.88 billion
• P/E Ratio: 34.26
• Dividend Yield: 0.60%
• Price Target: $361.67
• Consensus Rating: Moderate Buy

Morningstar Stock Analysis - MarketRank™

Morningstar scored higher than 76% of companies evaluated by MarketBeat, and ranked 60th out of 301 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Morningstar has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Morningstar is 34.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morningstar is 34.26, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.56.

Price to Book Value per Share Ratio

Morningstar has a P/B Ratio of 8.08. 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

2.25% 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 2.7, 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 10.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Morningstar has a dividend yield of 0.58%, 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 20.45%. 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

2.25% 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 2.7, 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 10.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.45

News Sentiment

Morningstar has a news sentiment score of 0.45. 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 is a lower news sentiment than the 0.64 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Morningstar this week, compared to 17 articles on an average week.

MarketBeat Follows

Only 1 people have added Morningstar to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 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 $16,333,474.00 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 on January 1st, 2025. Since then, MORN stock has decreased by 9.5% and is now trading at $304.90.

How were Morningstar's earnings last quarter?

Morningstar, Inc. (NASDAQ:MORN) announced its earnings results on Wednesday, April, 30th. The business services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.10 by $0.13. The business services provider had revenue of $581.90 million for the quarter, compared to analyst estimates of $589.07 million. Morningstar had a trailing twelve-month return on equity of 23.23% and a net margin of 16.60%.

Does Morningstar have any subsidiaries?

The following companies are subsidiaries of Morningstar: Sustainalytics, PlanPlus Global, AdviserLogic, DBRS, PitchBook Data, InvestSoft Technology, RightPond, and others.

Who are Morningstar's major shareholders?

Morningstar's top institutional investors include Confluence Investment Management LLC (0.14%), Kera Capital Partners Inc. and Thurston Springer Miller Herd & Titak Inc.. 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 4/30 Dividend: 4/04/2025
• Ex-Dividend for 4/30 Dividend: 4/04/2025
• Last Earnings: 4/30/2025
• Dividend Payable: 4/30/2025
• Today: 7/08/2025
• Record date for 7/31 Dividend: 7/11/2025
• Ex-Dividend for 7/31 Dividend: 7/11/2025
• Next Earnings (Confirmed): 7/30/2025
• Dividend Payable: 7/31/2025
• 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 Stock Price Target: $361.67
• High Stock Price Target: $390.00
• Low Stock Price Target: $340.00
• Potential Upside/Downside: +18.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.90
• Trailing P/E Ratio: 34.26
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $369.90 million
• Net Margins: 16.60%
• Pretax Margin: 22.16%
• Return on Equity: 23.23%
• Return on Assets: 10.26%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $2.31 billion
• Price / Sales: 5.57
• Cash Flow: $12.12 per share
• Price / Cash Flow: 25.16
• Book Value: $37.74 per share
• Price / Book: 8.08

Miscellaneous

• Outstanding Shares: 42,249,000
• Free Float: 26,955,000
• Market Cap: $12.88 billion
• Optionable: Optionable
• Beta: 1.01