Morningstar, Inc. (MORN)

NASDAQ: MORN · IEX Real-Time Price · USD
299.46
+1.75 (0.59%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.59%
Market Cap 12.80B
Revenue (ttm) 2.10B
Net Income (ttm) 212.90M
Shares Out 42.75M
EPS (ttm) 4.95
PE Ratio 60.50
Forward PE n/a
Dividend $1.62 (0.54%)
Ex-Dividend Date Oct 4, 2024
Volume 157,651
Open 298.12
Previous Close 297.71
Day's Range 297.03 - 301.21
52-Week Range 188.97 - 316.06
Beta 1.16
Analysts Strong Buy
Price Target 320.00 (+6.86%)
Earnings Date Jul 24, 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 one analyst, the rating for MORN stock is "Strong Buy" and the 12-month stock price forecast is $320.0.

Price Target
$320.0
(6.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

8 days 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...

14 days 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
14 days 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...

20 days 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...

5 weeks 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 weeks 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...

2 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...

2 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...

3 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...

3 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...

3 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...

3 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...

4 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...

4 months ago - Business Wire

Morningstar Wealth Adds SMAs from Leading Asset Managers to the U.S. Wealth Platform

Integrating Company Research and Evaluation Processes to Curate Investment Choices CHICAGO , Feb. 12, 2024 /PRNewswire/ -- Morningstar Wealth, a division of Morningstar, Inc. (Nasdaq: MORN) today anno...

5 months ago - PRNewsWire

Morningstar, Inc. to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 22

CHICAGO , Jan. 22, 2024 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its fourth-quarter and full-year 2023 financial results after the market closes on Thursday, Feb. 22, 2024. Th...

5 months ago - PRNewsWire

Morningstar and iCapital Announce Strategic Relationship to Expand Financial Advisor Access to Alternative Investments and Insights

iCapital's investment technology platform is now integrated with Morningstar Advisor Workstation and provides 170,000 financial advisors with access to alternative investments and research. CHICAGO an...

5 months ago - PRNewsWire

Morningstar Direct Web Services Brings Sophisticated Investment Data, Research, and Calculation APIs to Power Firms' Digital Platforms

The suite of APIs combines Morningstar's IP with powerful front-end functionality, empowering firms to innovate their digital investment capabilities CHICAGO, Dec. 13, 2023 /PRNewswire/ -- Morningstar...

7 months ago - PRNewsWire

Morningstar and PitchBook Introduce New Indexes to Provide Investors with Deeper Insight into Emerging Venture Capital Companies

CHICAGO , Nov. 15, 2023 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today introduces the Morningstar® PitchBook Global Unicorn Industry Ver...

8 months ago - PRNewsWire

Morningstar Investment Management & Envestnet Team Up to Deliver Personalized IRAs

New Managed Accounts Offering Will Enable Asset Management Firms to Offset High Cost of Administering IRA The IRA Accounts and Servicing will be Powered by Leading Fintech Company, IRALOGIX CHICAGO an...

Other symbols: ENV
8 months ago - PRNewsWire

Morningstar Releases Medalist Ratings for 54 of the Nation's Largest 529 College-Savings Plans, Including 10 Upgrades and Seven Downgrades

CHICAGO , Nov. 2, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Morningstar Medalist Ratings™ for 54 of the nation's lar...

8 months ago - PRNewsWire

Morningstar's Health Savings Account Landscape Shows Continued Industry Improvement

Assets continue to climb as the space matures, yet issues in transparency and fees persist CHICAGO , Oct. 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent i...

8 months ago - PRNewsWire

Morningstar, Inc. Reports Third-Quarter 2023 Financial Results

CHICAGO , Oct. 25, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted solid third-quarter revenue growth, driven primarily by the perf...

8 months ago - PRNewsWire

Asset Owners Highly Committed to ESG As Implementation Challenges Persist; Morningstar Survey

As stakes rise, institutional investors address an increasingly complex and challenging sustainable investment environment. CHICAGO , Oct. 4, 2023 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a l...

9 months ago - PRNewsWire

Morningstar, Inc. to Announce Third-Quarter 2023 Financial Results on Oct. 25

CHICAGO , Sept. 25, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its third-quarter 2023 financial results after the market closes on Wednesday, Oct. 25, 2023.

10 months ago - PRNewsWire