Morningstar, Inc.
MORN
NASDAQ·Financial Services·Financial - Data & Stock Exchanges·Mkt cap $7.9B
$209.80
▼ -0.03%
P/E
19.77
Mkt Cap
$7.9B
52-Wk Range
$141.49–$261.37
52-Week Range
$141.49 - $261.37
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 18.0% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Independent, proprietary research methodology trusted by institutional and retail investors
- Comprehensive global data platform spanning equities, funds, credit, and ESG metrics
- Strong switching costs and sticky customer relationships with financial advisors and asset managers
- Scale and brand recognition as the leading independent investment research provider
Bear Case
2 risks
- Average volatility.
- Significant premium - growth priced in
Growth
Stable outlook
Rising demand for ESG and sustainable investing analysis and ratings
Value
Significant premium - growth priced in
Momentum
Strong
+13.2% over 3m
Quality
Excellent
Strong fundamentals
Dividend
Modest
0.93% yield
Smart-money signal
Who's buying MORN right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 28, 2026
JUL 29, 2026
Reported EPS of $3.10 vs $2.83 consensus (+9.5% surprise). Revenue of $663.2M vs $649.7M expected (+2.1%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+9.5%
Revenue trend · last 8Q
—
—
—
+6%
+9%
+9%
+10%
+10%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$557.3M
$580.3M
$573.0M
$594.8M
$608.0M
$629.7M
$629.2M
$663.2M
Margins · last 8Q
Gross
63.9%
Operating
1.0%
Profit
16.3%
Wall Street consensus
1 analyst · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: BMO Capital · Jun 26, 2026
vs Industry
How MORN stacks vs Financial - Data & Stock Exchanges
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.