Morningstar, Inc. (MORN)
Market Cap | 12.60B |
Revenue (ttm) | 2.04B |
Net Income (ttm) | 141.10M |
Shares Out | 42.73M |
EPS (ttm) | 3.29 |
PE Ratio | 89.62 |
Forward PE | n/a |
Dividend | $1.62 (0.55%) |
Ex-Dividend Date | Oct 3, 2024 |
Volume | 95,510 |
Open | 298.64 |
Previous Close | 297.01 |
Day's Range | 294.38 - 298.72 |
52-Week Range | 163.28 - 316.06 |
Beta | 1.13 |
Analysts | Strong Buy |
Price Target | 320.00 (+8.53%) |
Earnings Date | Apr 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]
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 one analyst, the rating for MORN stock is "Strong Buy" and the 12-month stock price forecast is $320.0.
News
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, 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 research, today declared a quarterly dividend of 40.5 cents per share...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
Morningstar, Inc. Declares Quarterly Dividend of 37.5 Cents Per Share
CHICAGO , Sept. 15, 2023 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 37.5 ...
Morningstar Brings the Evolving Investor to Future Proof
Morningstar launches new advisor-centered research, business intelligence solution for home offices, and the next step for its AI chatbot Mo CHICAGO , Sept. 11, 2023 /PRNewswire/ -- Morningstar, Inc. ...
Morningstar Investment Management and ADP Retirement Services Team Up to Drive Personalized Advice for Employees at Small Businesses
CHICAGO , Aug. 15, 2023 /PRNewswire/ -- The Morningstar Retirement group within Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), and ADP Retirement Services, a ...
Morningstar Finds Investors Saved Nearly $9.8 Billion In Fund Fees In 2022
The annual U.S. Fund Fee Study reports record-low average expense ratio for mutual funds and ETFs, driven by heavy outflows from expensive funds CHICAGO , Aug. 8, 2023 /PRNewswire/ -- Morningstar, Inc...
Morningstar, Inc. Reports Second-Quarter 2023 Financial Results
CHICAGO , July 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted solid second-quarter revenue growth, driven by the performance o...
Morningstar, Inc. to Announce Second-Quarter 2023 Financial Results on July 26
CHICAGO , June 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2023 financial results after the market closes on Wednesday, July 26, 2023. The company doe...
Morningstar Sustainalytics and Morningstar Indexes Align to Strengthen Morningstar's ESG Offering
Two of Morningstar's fastest-growing product areas will together accelerate the company's ESG data, indexes, ratings, and research expansion CHICAGO , June 13, 2023 /PRNewswire/ -- Morningstar, Inc. ...