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MORN Stock Chart & Stats
$184.28
$0.34(0.11%)
At close: 4:00 PM EST
$184.28
$0.34(0.11%)
Day’s Range― - ―
52-Week Range$141.49 - $295.80
Previous CloseN/A
Volume32.70K
Average Volume (3M)456.70K
Market Cap
$6.28B
Enterprise Value$7.66B
Total Cash (Recent Filing)$532.20M
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)16.7
Beta0.82
Next Earnings
Jul 29, 2026EPS Estimate
2.83Next Dividend Ex-DateN/A
Dividend Yield0.84%
Share Statistics
EPS (TTM)9.87
Shares Outstanding38,028,020
10 Day Avg. Volume396,089
30 Day Avg. Volume456,705
Financial Highlights & Ratios
PEG Ratio7.25
Price to Book (P/B)7.45
Price to Sales (P/S)3.72
P/FCF Ratio20.57
Enterprise Value/Market Cap1.22
Enterprise Value/Revenue3.05
Enterprise Value/Gross Profit4.95
Enterprise Value/Ebitda9.91
Forecast
1Y Price Target
$227.33Price Target Upside23.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)11.92
Revenue Forecast (FY)$2.62B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription & Asset-fee ModelMorningstar’s core revenue is subscription and asset-based fees across advisors, asset managers, and institutions. That recurring model creates predictable cash flows, high retention potential and resilient revenue through cycles, supporting long-term investment in products and stable customer relationships.
Strong Cash Generation & ProfitabilityConsistent operating and free cash flow alongside high gross margins give Morningstar durable ability to fund R&D, buybacks and dividends. Strong earnings-to-cash conversion supports capital returns and reinvestment, providing a buffer against cyclicality and enabling strategic initiatives over the medium term.
Durable Data Moat And AI DistributionDecades of proprietary fund and private markets data, plus AI integrations (PitchBook, Model Context Protocol), embed Morningstar content into client workflows. This increases switching costs and creates multi-channel distribution for premium data, strengthening long-term pricing power and competitive differentiation.
Bears Say
Materially Higher LeverageRising debt and a sharply lower equity base increase financial leverage and reduce flexibility. Higher leverage raises interest and refinancing risk, constrains M&A and buyback optionality, and makes the company more sensitive to adverse rate or cash-flow shocks over the medium term.
Step-down In Operating MarginsA sustained decline in operating margin suggests higher structural costs—compensation, tech, and go-to-market spend—or pricing transitions. If margins do not recover, profitability and free cash flow will be structurally lower, limiting reinvestment and capital return capacity over multiple quarters.
Cooling Free Cash Flow MomentumWhile absolute free cash flow remains healthy, declining FCF momentum weakens the firm’s ability to expand investing or maintain aggressive buybacks without impacting liquidity. Continued FCF softening would reduce financial headroom and amplify the impact of higher leverage on strategic flexibility.
Morningstar News
MORN FAQ
What was Morningstar’s price range in the past 12 months?
Morningstar lowest stock price was $141.49 and its highest was $295.80 in the past 12 months.
What is Morningstar’s market cap?
Morningstar’s market cap is $6.28B.
When is Morningstar’s upcoming earnings report date?
Morningstar’s upcoming earnings report date is Jul 29, 2026 which is in 16 days.
How were Morningstar’s earnings last quarter?
Morningstar released its earnings results on Apr 29, 2026. The company reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.407 by $0.773.
Is Morningstar overvalued?
According to Wall Street analysts Morningstar’s price is currently Undervalued.
Does Morningstar pay dividends?
Morningstar pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 0.84%. See more information on Morningstar dividends here
What is Morningstar’s EPS estimate?
Morningstar’s EPS estimate is 2.83.
How many shares outstanding does Morningstar have?
Morningstar has 38,028,020 shares outstanding.
What happened to Morningstar’s price movement after its last earnings report?
Morningstar reported an EPS of $3.18 in its last earnings report, beating expectations of $2.407. Following the earnings report the stock price went down -10.069%.
Which hedge fund is a major shareholder of Morningstar?
Currently, no hedge funds are holding shares in MORN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Morningstar Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$227.33 (23.36% Upside)
$227.33 (23.36% Upside)
Blogger Sentiment
Bullish
MORN Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 167.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $170.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 9.8%
Last 30 Days ▲ 9.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.09%
12-Months-Change
Fundamentals
Return on Equity
30.01%
Trailing 12-Months
Asset Growth
11.15%
Trailing 12-Months
Company Description
Morningstar
Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters situated in Chicago, Illinois.
MORN Stock 12 Month Forecast
Average Price Target
$227.33
▲(23.36% Upside)
Technical Analysis
Ownership Overview
38.85% Insiders
18.65% Mutual Funds
0.51% Other Institutional Investors
29.53% Public Companies and
Individual Investors