Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
234.90
+3.18 (1.37%)
At close: Sep 26, 2025, 4:00 PM EDT
229.98
-4.92 (-2.09%)
After-hours: Sep 26, 2025, 4:27 PM EDT
1.37%
Market Cap 9.91B
Revenue (ttm) 2.35B
Net Income (ttm) 404.10M
Shares Out 42.18M
EPS (ttm) 9.41
PE Ratio 24.97
Forward PE 23.79
Dividend $1.82 (0.77%)
Ex-Dividend Date Oct 3, 2025
Volume 382,438
Open 232.09
Previous Close 231.72
Day's Range 231.61 - 238.04
52-Week Range 230.09 - 365.00
Beta 1.01
Analysts Buy
Price Target 361.67 (+53.97%)
Earnings Date Oct 22, 2025

About MORN

Morningstar, Inc. provides independent investment insights in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managed investments, including mutual funds, ETFs, separate accounts, collective investment trusts, model portfolios, equities, and fixed income securities; Morningstar Direct is an investment-analysis and reportin... [Read more]

Sector Financials
IPO Date May 3, 2005
Employees 11,085
Stock Exchange NASDAQ
Ticker Symbol MORN
Full Company Profile

Financial Performance

In 2024, Morningstar's revenue was $2.28 billion, an increase of 11.60% compared to the previous year's $2.04 billion. Earnings were $369.90 million, an increase of 162.15%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price target is $361.67, which is an increase of 53.97% from the latest price.

Price Target
$361.67
(53.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Morningstar: 4 Reasons Why I Would Buy The Dip

Morningstar shares have underperformed recently but have delivered a 1,210% total return since their 2005 IPO. MORN is rated Hold by Seeking Alpha analysts, but I rate it a Buy based on four key facto...

4 days ago - Seeking Alpha

Morningstar Plans to Acquire CRSP, Solidifying Position as a Top-Tier Global Index Provider

CHICAGO--(BUSINESS WIRE)--Morningstar today announced it has entered into an agreement to acquire CRSP, a premier provider of historical stock market data and indexes.

4 days ago - Business Wire

Morningstar, Inc. Declares Quarterly Dividend of 45.5 Cents Per Share

CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 45.5 cents per share...

8 days ago - Business Wire

Morningstar: Asset Owners Nimbly Navigate a Global Market in Transition

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today published findings from its fourth annual Voice of the Asset Owner survey, show...

9 days ago - Business Wire

Introducing the Morningstar PitchBook US Modern Market 100: The First Benchmark to Track Public & Private Market Companies in a Single Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights and index solutions, has introduced the Morningstar PitchBook US Modern Market 100 Index (‘Modern...

17 days ago - Business Wire

Morningstar Publishes First Medalist Ratings for Semiliquid Funds

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its first-ever Morningstar Medalist RatingsTM for Semiliquid Funds. T...

24 days ago - Business Wire

Morningstar, Inc. Reports Second-Quarter 2025 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted second-quarter revenue growth with increases in operating and adjusted operati...

2 months ago - Business Wire

Morningstar Announces Winners for the 2025 U.S. Morningstar Awards for Investing Excellence

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investing insights, today announced the winners of the 2025 U.S. Morningstar Awards for Investing Excellen...

2 months ago - Business Wire

Morningstar, Inc. to Announce Second-Quarter 2025 Financial Results on July 30

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2025 financial results after the market closes on Wednesday, July 30, 2025. The company does not hold ana...

3 months ago - Business Wire

Morningstar Launches New Digital Destination to Empower Canadian Investors

TORONTO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the launch of its new Canadian digital investment research hub, desig...

3 months ago - Business Wire

Morningstar Launches New Digital Destination to Empower UK Investors

LONDON--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the launch of its new UK digital investment research hub, designed to ...

3 months ago - Business Wire

Morningstar Launches New Digital Destination to Empower Asian Investors

SINGAPORE--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the launch of its new Asia digital investment research hub, designe...

3 months ago - Business Wire

Morningstar Publishes New Semiliquid Funds Report Amid Acceleration of Private Market Access and Investor Interest

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc., (Nasdaq: MORN), a leading provider of independent investment insights, today published a report, "The State of Semiliquid Funds," offering a comprehensive ...

3 months ago - Business Wire

Morningstar Brings Greater Transparency to Private Markets for Advisors

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investing insights, today debuted new features in Direct Advisory Suite (the next phase of Advisor Worksta...

3 months ago - Business Wire

3 Cheap SWAN Stocks To Put On Your Shopping List

The benefits of financial independence extend far beyond the financial realm. Today's focus will be on a custodian bank and asset manager, an investment data and analytics company, and a regulated ele...

Other symbols: EVRGSTT
4 months ago - Seeking Alpha

Morningstar Introduces Medalist Rating for Semiliquid Funds, Advancing Transparency in Private Markets

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today introduced the Morningstar Medalist Rating™ for Semiliquid Funds, expanding its...

5 months ago - Business Wire

Morningstar, Inc. Reports First-Quarter 2025 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted first-quarter revenue growth with increases in operating and adjusted operatin...

5 months ago - Business Wire

Morningstar: Margin Expansion Opportunity

Morningstar has suffered a temporary decrease in margins due to acquisitions, but the trend has reversed in recent quarters. Compared to its peers, there is significant room to grow operating margins....

5 months ago - Seeking Alpha

Morningstar, Inc. to Announce First-Quarter 2025 Financial Results on April 30

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its first-quarter 2025 financial results after the market closes on Wednesday, April 30, 2025. The company does not hold ana...

6 months ago - Business Wire

Morningstar Awards for Investing Excellence UK 2025: Winners Announced

LONDON--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners for the 2025 Morningstar Awards for Investing Excellence U...

6 months ago - Business Wire

Morningstar Unveils Agenda for 2025 Morningstar Investment Conference

CHICAGO--(BUSINESS WIRE)--Morningstar today announced the agenda for its 37th annual Morningstar Investment Conference, June 25-26, 2025, at Chicago's iconic Navy Pier.

7 months ago - Business Wire

Morningstar Expands Private Credit and Structured Finance Offerings with Acquisitions of Lumonic and DealX

CHICAGO--(BUSINESS WIRE)--Morningstar today announced the acquisitions of Lumonic Inc. and Dealview Technologies Limited.

7 months ago - Business Wire

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2024 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported double-digit revenue growth for 2024 and meaningful increases in operating a...

7 months ago - Business Wire

Undercovered ETFs: Growth, Income, TIPS, Poland +

The 'Undercovered' Dozen series highlights 12 lesser-known ETFs offering potential investment opportunities for investors. Kurtis Hemmerling shares a bearish take on iShares Russell Top 200 Growth ETF...

7 months ago - Seeking Alpha

Morningstar Introduces Morningstar PitchBook Buyout Replication Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights and index solutions, has introduced the Morningstar® PitchBook Buyout Replication Inde...

7 months ago - Business Wire