Morningstar (MORN)
NASDAQ:MORN
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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$149.08 - $316.71
Previous CloseN/A
Volume32.70K
Average Volume (3M)486.65K
Market Cap
$5.84B
Enterprise Value$7.66B
Total Cash (Recent Filing)$532.20M
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)14.9
Beta0.82
Next Earnings
Jul 29, 2026EPS Estimate
2.82Next Dividend Ex-DateN/A
Dividend Yield0.84%
Share Statistics
EPS (TTM)9.87
Shares Outstanding38,028,020
10 Day Avg. Volume440,971
30 Day Avg. Volume486,649
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 Cap1.31
Enterprise Value/Revenue3.05
Enterprise Value/Gross Profit4.95
Enterprise Value/Ebitda9.91
Forecast
1Y Price Target
$234.00Price Target Upside26.98% 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, Diversified Subscription ModelMorningstar’s business is anchored in recurring subscription and asset-based fees across Direct, PitchBook, Credit, Wealth, Retirement and Indexes. That mix creates predictable revenue streams, high renewal potential, and diversified end markets, supporting durable organic revenue over multiple years.
High Margins And Improved Earnings PowerSustained high gross margins and a multi-year rebound in net income reflect strong pricing power from proprietary data and software. Margin durability supports reinvestment in data, AI integration and product development, preserving competitive moat and long-term operating leverage.
Healthy Cash Generation And Capital ReturnsConsistent free cash flow enables sustained dividends, material buybacks and funding for strategic M&A or product investment. Strong cash conversion gives management flexibility to support growth initiatives and return capital while navigating cyclical pressures.
Bears Say
Materially Higher LeverageA meaningful rise in debt and a lower equity base amplify financial risk and reduce balance-sheet flexibility. Higher leverage constrains capital allocation optionality, increases interest cost sensitivity, and limits the firm’s capacity to absorb macro shocks or pursue large opportunistic investments.
Step-down In Operating Margins And Softer FCF MomentumA sustained narrowing of operating margin and cooling free cash flow growth signal rising reinvestment costs and margin pressure. If persistent, lower operating leverage could compress long-term ROIC and limit funding for R&D, data upkeep, and AI integrations critical to Morningstar’s moat.
Product Transitions And Client Concentration RisksSunsetting legacy products and rising go-to-market costs create execution risk on migrating clients to newer platforms. Coupled with material index licensing concentration, a few large clients or slower enterprise transitions could pressure growth and make revenue more volatile over the medium term.
Morningstar News
MORN FAQ
What was Morningstar’s price range in the past 12 months?
Morningstar lowest stock price was $149.08 and its highest was $316.71 in the past 12 months.
What is Morningstar’s market cap?
Morningstar’s market cap is $5.84B.
When is Morningstar’s upcoming earnings report date?
Morningstar’s upcoming earnings report date is Jul 29, 2026 which is in 37 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 2.82.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$234.00 (26.98% Upside)
$234.00 (26.98% Upside)
Blogger Sentiment
Bullish
MORN Sentiment 70%
Sector Average ―
Sector Average ―
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
Positive
Last 7 Days ▼ 3.0%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-48.79%
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
$234.00
▲(26.98% Upside)
Technical Analysis
Ownership Overview
38.85% Insiders
18.43% Mutual Funds
10.78% Other Institutional Investors
18.96% Public Companies and
Individual Investors