Morningstar, Inc. (MORN)
Market Cap | 14.85B |
Revenue (ttm) | 2.22B |
Net Income (ttm) | 326.50M |
Shares Out | 42.88M |
EPS (ttm) | 7.57 |
PE Ratio | 45.73 |
Forward PE | 43.66 |
Dividend | $1.62 (0.47%) |
Ex-Dividend Date | Oct 4, 2024 |
Volume | 117,844 |
Open | 339.12 |
Previous Close | 340.07 |
Day's Range | 339.12 - 347.13 |
52-Week Range | 269.51 - 352.55 |
Beta | 1.18 |
Analysts | Buy |
Price Target | 360.67 (+4.18%) |
Earnings Date | Oct 23, 2024 |
About MORN
Morningstar, Inc. provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managing investments, including mutual funds, ETFs, separate accounts, collective investment trusts, model portfolios, equities, and fixed income securities; Morningstar Direct is an investment-analysis and reporting platf... [Read more]
Financial Performance
In 2023, Morningstar's revenue was $2.04 billion, an increase of 8.98% compared to the previous year's $1.87 billion. Earnings were $141.10 million, an increase of 100.14%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price forecast is $360.67, which is an increase of 4.18% from the latest price.
News
Why Retail Investors Might Be Interested In Morningstar
Morningstar excels in wealth management tools, offering top-rated products like Direct and Workstation for portfolio management and risk assessment. Despite lower net profit margins, Morningstar's div...
Morningstar Releases Medalist Ratings for 529 College-Savings Plans, Including 11 Upgrades and Nine Downgrades
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Morningstar Medalist Ratings™ for 59 of the nation's most prominent 5...
Morningstar Chief Financial Officer Jason Dubinsky to Depart
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Jason Dubinsky, chief financial officer, will step down from his role...
Morningstar, Inc. Reports Third-Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit third-quarter revenue growth while expanding operating margins. “...
Top 2 Financials Stocks That May Implode In October
As of Oct. 9, 2024, two stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Morningstar Releases Eighth Annual Study on Advancements and Opportunities in Health Savings Account Industry
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its eighth annual landscape study on health savings accounts (HSAs) a...
Active Ownership, Growing Materiality & Data Demand Drive ESG Implementation for Asset Owners
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today published findings from its third annual Voice of the Asset Owner survey, showi...
Morningstar, Inc. to Announce Third-Quarter 2024 Financial Results on Oct. 23
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its third-quarter 2024 financial results after the market closes on Wednesday, Oct. 23, 2024. The company does not hold anal...
Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 40.5 cents per share...
Morningstar Will Enhance Medalist Rating Methodology for Improved Investment Insights
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced its plans to enhance the methodology of the Morningstar Medalist Rati...
Morningstar Retirement Launches New Morningstar Model of US Retirement Outcomes
CHICAGO--(BUSINESS WIRE)--Morningstar Retirement, part of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the Morningstar Model of U.S. Retirem...
Morningstar, Inc. Reports Second-Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit second-quarter revenue growth while expanding operating margins. ...
Morningstar, Inc. to Announce Second-Quarter 2024 Financial Results on July 24
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. The company does not hold ana...
Subscription Model Drives Record Customer Advocacy and Satisfaction Rates for eDreams ODIGEO
BARCELONA, Spain--(BUSINESS WIRE)--eDreams ODIGEO (‘The Company'), the world's leading travel subscription platform and one of Europe's largest e-commerce businesses, today announced that it has achie...
Morningstar Sustainalytics Introduces Significant Enhancements to its ESG Risk Ratings
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announces significant enhancements to Morningstar Sustainalytics flagship ESG R...
Morningstar to Appoint Rod Diefendorf as President and Chief Operating Officer of PitchBook
SEATTLE--(BUSINESS WIRE)--Morningstar (Nasdaq: MORN), a leading provider of independent investment insights, today announced that Rod Diefendorf will be appointed the next leader of PitchBook as Presi...
Morningstar Names Clare Hart “Outstanding Portfolio Manager” for 2024 U.S. Morningstar Awards for Investing Excellence
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winner of the 2024 U.S. Morningstar Awards for Investing Excellen...
Morningstar, Inc. Reports First-Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted solid first-quarter revenue growth, driven by strength across its business. “M...
New Morningstar Report Sheds Light on Rapid Expansion of Active ETFs
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published “Morningstar's Guide to U.S. Active ETFs,” a new landscape report tha...
Morningstar Publishes Fourth Annual Corporate Sustainability Report
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its fourth annual Corporate Sustainability Report, examining the comp...
Morningstar Report Reveals Collective-Investment Trusts Poised to Overtake Mutual Funds in Target-Date Strategies in 2024
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its annual Target-Date Strategy Landscape Report, which found that in...
Morningstar, Inc. to Announce First-Quarter 2024 Financial Results on April 24
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its first-quarter 2024 financial results after the market closes on Wednesday, April 24, 2024. The company does not hold ana...
Morningstar Announces Agenda for 2024 Morningstar Investment Conference
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the agenda for its 36th annual Morningstar Investment Conference, set...
Morningstar Indexes Selected by IMX Health for First Healthcare Futures Exchange Product Offering
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced that the Intelligent Medicine Exchange (“IMX”), the first futures and...
Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2023 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit fourth-quarter revenue growth, with positive contributions from a...