MorningstarMORN
MORN
About: Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, currency exchanges, and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.
Employees: 11,334
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
262% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $1.53M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
52% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 105
33% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 43
4% more funds holding
Funds holding: 390 [Q2] → 404 (+14) [Q3]
1% less capital invested
Capital invested by funds: $8.23B [Q2] → $8.14B (-$91.3M) [Q3]
5.35% less ownership
Funds ownership: 65.07% [Q2] → 59.72% (-5.35%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$340
0%
upside
Avg. target
$365
7%
upside
High target
$390
14%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Redburn Atlantic Russell Quelch 0% 1-year accuracy 0 / 2 met price target | 0%downside $340 | Neutral Downgraded | 9 Oct 2024 |
UBS Alex Kramm 77% 1-year accuracy 10 / 13 met price target | 14%upside $390 | Buy Initiated | 8 Oct 2024 |
Financial journalist opinion
Based on 4 articles about MORN published over the past 30 days
Positive
Seeking Alpha
1 day ago
Unlocking Value From MSCI, The Index Fund Powerhouse
MSCI is a highly profitable financial analytics company with a strong brand, delivering 45% net profit margins on $2.5 billion in annual revenue.
Neutral
Business Wire
2 weeks ago
Morningstar Appoints Michael Holt as Chief Financial Officer
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a global provider of independent investment insights, today announced the appointment of Michael Holt as chief financial officer, effective January 1, 2025. The company previously announced that Jason Dubinsky would step down at the end of the year and assume a consulting role through a transition period. Reporting to chief executive officer Kunal Kapoor, Holt will lead and oversee Morningstar's global finance organization. He has serv.
Neutral
Business Wire
2 weeks ago
Morningstar, Inc. Increases Quarterly Dividend to 45.5 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 45.5 cents per share, payable Jan. 31, 2025, to shareholders of record as of Jan. 3, 2025. The five-cent, or 12.3%, increase from the prior quarterly rate of 40.5 cents per share results in an expected annualized dividend of $1.82 per share compared with the prior annualized rate of $1.62 per share. While subsequent d.
Neutral
Business Wire
4 weeks ago
Morningstar DBRS Names Richard Sibthorpe Head of Canada
TORONTO--(BUSINESS WIRE)--DBRS Limited (Morningstar DBRS), the leading Canadian credit rating agency, has appointed Mr. Richard Sibthorpe as Head of Canada and Global Investor Strategy. Mr. Sibthorpe succeeds Mr. Douglas E. Turnbull who retired at the end of September. Mr. Sibthorpe who also joins Morningstar DBRS' global credit leadership team began his new position on November 25, 2024, and reports to Mr. Detlef Scholz, the company's president. Along with overseeing the Toronto-based credit r.
Neutral
Seeking Alpha
1 month ago
Why Retail Investors Might Be Interested In Morningstar
Morningstar excels in wealth management tools, offering top-rated products like Direct and Workstation for portfolio management and risk assessment. Despite lower net profit margins, Morningstar's diverse product lines show consistent growth, with significant potential in high-margin segments like Morningstar Credit. Key risks include cybersecurity, regulatory challenges, and economic downturns, which could impact the demand for financial data products.
Neutral
Business Wire
1 month ago
Morningstar Releases Medalist Ratings for 529 College-Savings Plans, Including 11 Upgrades and Nine Downgrades
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Morningstar Medalist Ratings™ for 59 of the nation's most prominent 529 college-savings plans. These plans account for more than 95% of 529 industry assets as of Aug. 31, 2024. The Medalist Ratings reflect Morningstar manager research analysts' forward-looking views of which plans are best suited to help investors reach their goals. It has five tiers—Gold, Silver, B.
Neutral
Business Wire
2 months ago
Morningstar Chief Financial Officer Jason Dubinsky to Depart
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Jason Dubinsky, chief financial officer, will step down from his role at the end of the year to pursue other interests. Chief Executive Officer Kunal Kapoor said, “Jason has been an exemplary CFO and leader. He lives Morningstar's values every day and has created significant value for shareholders during his seven-plus years here. Jason has helped position the compa.
Neutral
Business Wire
2 months ago
Morningstar, Inc. Reports Third-Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit third-quarter revenue growth while expanding operating margins. “Morningstar Credit led the way in the quarter with additional contributions from across the business supporting revenue and profit growth," said Kunal Kapoor, Morningstar's chief executive officer. "Our diverse portfolio continues to present opportunities for innovation and durable growth, includin.
Negative
Benzinga
2 months ago
Top 2 Financials Stocks That May Implode In October
As of Oct. 9, 2024, two stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Neutral
Business Wire
2 months ago
Morningstar Releases Eighth Annual Study on Advancements and Opportunities in Health Savings Account Industry
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its eighth annual landscape study on health savings accounts (HSAs) available to individuals. The study assesses the current state of the HSA industry and releases Morningstar's assessment of 11 of the top HSA providers on two different use cases: 1) as investment accounts to save for future medical expenses and 2) as spending accounts to cover current medical costs.
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