Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
346.21
+6.14 (1.81%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.81%
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]

Sector Financials
IPO Date May 3, 2005
Employees 11,334
Stock Exchange NASDAQ
Ticker Symbol MORN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$360.67
(4.18% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - Seeking Alpha

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...

24 days ago - Business Wire

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...

4 weeks ago - Business Wire

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. “...

4 weeks ago - Business Wire

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.

Other symbols: MSCI
6 weeks ago - Benzinga

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Business Wire

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. ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

Other symbols: PHG
5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire