Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
213.91
-1.73 (-0.80%)
At close: Jan 16, 2026, 4:00 PM EST
213.63
-0.28 (-0.13%)
After-hours: Jan 16, 2026, 7:29 PM EST
-0.80%
Market Cap8.80B
Revenue (ttm)2.40B
Net Income (ttm)376.00M
Shares Out 41.13M
EPS (ttm)8.80
PE Ratio24.32
Forward PE20.91
Dividend$2.00 (0.94%)
Ex-Dividend DateApr 2, 2026
Volume205,619
Open214.89
Previous Close215.64
Day's Range212.71 - 216.35
52-Week Range202.89 - 335.21
Beta1.08
AnalystsStrong Buy
Price Target333.33 (+55.83%)
Earnings DateFeb 25, 2026

About MORN

Morningstar, Inc. provides independent investment insights in the United States, Asia, Australia, Canada, 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 managed investments, including mutual funds, ETFs, separate accounts, collective investment trusts, model portfolios, equities, and fixed income securities; Morningstar Direct is an investment-analysis and reportin... [Read more]

Sector Financials
IPO Date May 3, 2005
Employees 11,085
Stock Exchange NASDAQ
Ticker Symbol MORN
Full Company Profile

Financial Performance

In 2024, Morningstar's revenue was $2.28 billion, an increase of 11.60% compared to the previous year's $2.04 billion. Earnings were $369.90 million, an increase of 162.15%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for MORN stock is "Strong Buy." The 12-month stock price target is $333.33, which is an increase of 55.83% from the latest price.

Price Target
$333.33
(55.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Morningstar Launches First Pure-Play Generative AI Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today announced the Morningstar PitchBook GenAI 20 Index. This first-of-its-kind benc...

1 day ago - Business Wire

Morningstar Appointed by PIMFA as New Sole Index Series Provider

LONDON--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights and index solutions, today announced an agreement with the Personal Investment Management and Fina...

2 days ago - Business Wire

Morningstar Launches New Managed Accounts Research Series and Defined Contribution Outcomes Model

CHICAGO--(BUSINESS WIRE)--The Morningstar Center for Retirement & Policy Studies, part of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the l...

3 days ago - Business Wire

Anne Bramman Elected to Morningstar's Board of Directors

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced that Anne Bramman has been elected to Morningstar's board of director...

11 days ago - Business Wire

The Bottom Fishing Club: Morningstar's Valuation + Future Growth = Turnaround Play

Morningstar offers a rare combination of undervaluation and sector-leading EPS growth, trading at a P/E of ~20x 2026 estimates. MORN's EV/EBITDA under 14x and FCF yield of 4.2% position it as the most...

17 days ago - Seeking Alpha

New Quarterly Report from Morningstar and PitchBook Brings Transparency to Rapidly Expanding Evergreen Fund Universe

CHICAGO & SEATTLE--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, and PitchBook, a Morningstar company and a leading private capital market i...

4 weeks ago - Business Wire

Morningstar and PitchBook Bring Trusted Investing Intelligence to Apps in ChatGPT

CHICAGO & SEATTLE--(BUSINESS WIRE)--Morningstar and PitchBook's app integrations are live, enabling licensed users to access proprietary data and insights securely within apps in ChatGPT.

4 weeks ago - Business Wire

Morningstar Could Finally Be Undervalued

Morningstar appears slightly undervalued after a 40%-plus decline, with fundamentals remaining solid and recent results showing continued revenue and operating income growth. Morningstar faces both ri...

6 weeks ago - Seeking Alpha

Morningstar, Inc. Increases Quarterly Dividend to 50 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 50 cents per share, ...

6 weeks ago - Business Wire

Morningstar Announces Clearer, Simplified Medalist Rating to Empower Investor Success

AMSTERDAM--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced significant updates to its Morningstar Medalist Rating™, its compre...

6 weeks ago - Business Wire

Morningstar Unleashes AI-Ready Investing Insights in Microsoft AI Tools

CHICAGO--(BUSINESS WIRE)--Morningstar has launched integrations that enable licensed users and firms to access its AI-ready data and research from within Microsoft's AI tools.

2 months ago - Business Wire

Morningstar's 2026 Outlook Report Delivers Global and Regional Insights for Durable Portfolios

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its 2026 Outlook, offering an overview of key challenges and opportun...

2 months ago - Business Wire

Baron Asset Fund Q3 2025 Performance Review

Baron Asset Fund underperformed for a second consecutive quarter as U.S. equities continued their strong rally from the market lows reached on April 8. From a sector perspective, stock selection in IT...

2 months ago - Seeking Alpha

Morningstar and PitchBook to Launch Comprehensive Index Suite for Evergreen Private Market Funds

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights, today announced the upcoming launch of the Morningstar PitchBook US Evergreen Fund Indexes. With...

2 months ago - Business Wire

Morningstar, Inc. Reports Third-Quarter 2025 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported third-quarter revenue growth with increases in operating and adjusted operat...

2 months ago - Business Wire

Morningstar DBRS Expands into Asia Pacific with New Australia Regional Hub

SYDNEY--(BUSINESS WIRE)--Morningstar DBRS, one of the four largest credit rating agencies globally, today announced its official entry into the Asia Pacific region with a new regional hub in Australia...

2 months ago - Business Wire

Morningstar Retirement and NPPG Announce Strategic Integration to Expand Access to Personalized Retirement Services

CHICAGO--(BUSINESS WIRE)--Morningstar Retirement, part of Morningstar, Inc. (Nasdaq: MORN) a leading provider of independent investment insights, today announced a strategic collaboration with NPPG Pl...

3 months ago - Business Wire

Top 3 Financial Stocks That Are Set To Fly In Q4

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: EVTCSAR
3 months ago - Benzinga

Morningstar Publishes 2025 Health Savings Account Landscape With New Provider Assessments and Market Insights

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its ninth annual Health Savings Account (HSA) Landscape Report, offer...

3 months ago - Business Wire

Morningstar, Inc. to Announce Third-Quarter 2025 Financial Results on Oct. 29

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its third-quarter 2025 financial results after the market closes on Wednesday, Oct. 29, 2025. The company does not hold anal...

3 months ago - Business Wire

Morningstar: 4 Reasons Why I Would Buy The Dip

Morningstar shares have underperformed recently but have delivered a 1,210% total return since their 2005 IPO. MORN is rated Hold by Seeking Alpha analysts, but I rate it a Buy based on four key facto...

4 months ago - Seeking Alpha

Morningstar Plans to Acquire CRSP, Solidifying Position as a Top-Tier Global Index Provider

CHICAGO--(BUSINESS WIRE)--Morningstar today announced it has entered into an agreement to acquire CRSP, a premier provider of historical stock market data and indexes.

4 months ago - Business Wire

Morningstar, Inc. Declares Quarterly Dividend of 45.5 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 45.5 cents per share...

4 months ago - Business Wire

Morningstar: Asset Owners Nimbly Navigate a Global Market in Transition

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today published findings from its fourth annual Voice of the Asset Owner survey, show...

4 months ago - Business Wire

Introducing the Morningstar PitchBook US Modern Market 100: The First Benchmark to Track Public & Private Market Companies in a Single Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights and index solutions, has introduced the Morningstar PitchBook US Modern Market 100 Index (‘Modern...

4 months ago - Business Wire