Morningstar, Inc. MORN

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Price alert · MORN

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244.25 USD +7.54 (+3.19%)

At closeNov 4, 2026, 4:00 PM EST

244.25 0.00 0.00%

After hours · Nov 4, 4:00 PM ET

239.37 Day range 245.02
141.49 52-week range 245.02
YTD
+12.40%
1 year
+15.39%
Market cap
9.06B
Revenue (ttm)
2.62B
Profit margin
17.00%
EPS (ttm)
11.30
Shares out
37.10M
P/E ratio
21.61
Forward P/E
16.75
Dividend
2.00 (0.85%)
Ex-dividend date
Oct 1, 2026
YTD return
+12.40%
1-year return
+15.39%
Volume
254.20K
Avg volume
284.86K
Open
240.60
Previous close
236.71
Day's range
239.37 – 245.02
52-week range
141.49 – 245.02
Beta
0.90
Analysts
Buy
Price target
246.00 (+0.7%)
Earnings date
Feb 25, 2027

5m +22.62 (+10.29%)

220230240Oct 29Oct 30Nov 2Nov 3242.41

Key statistics

Enterprise value
10.12B
PEG ratio
2.31
Price / sales
3.46
Price / book
8.84
Dividend yield
0.85%
Payout ratio
17.54%
Revenue growth
8.90%
Free cash flow
464.82M
Total cash
524.60M
Total debt
1.86B
Return on equity
35.08%
Short % of float
5.64%
50-day average
206.74
200-day average
185.93

Financials — quick view

All financials
MORN Revenue — quarterly 672.10M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
MORN Net income — quarterly 115.50M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
MORN EPS — quarterly 3.09
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

MORN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 25, 2027Dec 30, 20263.36———
Oct 28, 2026Sep 30, 20263.043.48+0.44+14.47%
Jul 29, 2026Jun 30, 20262.833.10+0.27+9.54%
Apr 29, 2026Mar 31, 20262.413.18+0.77+31.95%
Feb 12, 2026Dec 31, 20252.362.71+0.35+14.83%
Oct 29, 2025Sep 30, 20252.342.55+0.21+8.97%

Upgrades / downgrades

MORN analyst upgrades and downgrades
DateFirmActionFromTo
Oct 13, 2026BMO CapitalmainOutperformOutperform
Jul 7, 2026UBSmainBuyBuy
Feb 17, 2026BMO CapitalmainOutperformOutperform
Oct 30, 2025UBSmainBuyBuy
Aug 1, 2025BMO CapitalmainOutperformOutperform
Jul 21, 2025BMO CapitalmainOutperformOutperform

About Morningstar, Inc.

Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged traded funds, separate accounts, collective investment trusts, model portfolios, equities, and fixed-income securities; Morningstar Direct, an investment analysis and reporting application; and Morningstar Advisor Workstation, a suite of tools to provide advice to clients. It also provides PitchBook that offers data and research covering the private capital markets comprising venture capital, private equity and credit, bank loans, and merger and acquisition activities through the PitchBook platform; Morningstar Model Portfolios, an advisor service with model portfolios for fee-based financial advisors; Morningstar International Wealth Platform, which offers discretionary asset management services; and Morningstar Investor/Morningstar.com, an individual investor platform and media site. In addition, the company offers credit ratings, research, data, and credit analytics solutions through Morningstar DBRS and Morningstar Credit Analytics agencies. Further, it provides managed retirement accounts, fiduciary services, and custom models; Morningstar Sustainalytics that provides environmental, social and governance data, research, and ratings; and Morningstar Indexes that offers market indexes used for performance benchmarks and as the basis for investment products and other portfolio strategies. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.

Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Country
United States

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Insider holders

MORN insider holders
InsiderRelationLatest transactionDateShares held
DIAMONTE ROBINDirectorStock Award(Grant)May 14, 202611,338
DUBINSKY JASONChief Financial OfficerSaleDec 12, 202417,304
DUNN DANIEL JOSEPHOfficerConversion of Exercise of derivative securityNov 13, 202514,851
FRANCIS CHERYL ADirectorStock Award(Grant)May 14, 202636,934
HOLT MICHAEL CFAChief Financial OfficerStock Award(Grant)May 14, 202624,678
JOYNT STEPHENDirectorStock Award(Grant)May 14, 20266,282

Institution ownership

MORN institution ownership
Holder% heldSharesValueReported
BAMCO Inc.9.43%3,499,146854.67MJun 29, 2026
Blackrock Inc.5.61%2,081,736508.46MJun 29, 2026
Wellington Management Group, LLP4.02%1,493,037364.67MJun 29, 2026
Morgan Stanley4.00%1,484,135362.50MJun 29, 2026
AQR Capital Management, LLC3.52%1,304,388318.60MJun 29, 2026
Vanguard Portfolio Management LLC2.56%950,075232.06MJun 29, 2026

Fund ownership

MORN fund ownership
Holder% heldSharesValueReported
BARON SELECT FUNDS-Baron Partners Fund5.10%1,892,591462.27MJun 29, 2026
Eaton Vance Growth Trust-Eaton Vance Atlanta Capital SMID-Cap Fund2.27%842,288205.73MJun 29, 2026
BARON SELECT FUNDS-Baron Focused Growth Fund1.96%728,184177.86MJun 29, 2026
VANGUARD WINDSOR FUNDS-Vanguard Windsor Fund1.83%677,933165.59MJul 30, 2026
iShares Trust-iShares Core S&P Mid-Cap ETF1.83%680,746166.27MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund1.63%604,105147.55MJun 29, 2026