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Morningstar, Inc. (MORN)

Financial Services | Financial Data & Stock Exchanges | Chicago, United States | NasdaqGS
173.55 USD +8.37 (5.067%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 175.00 +1.45 (0.835%) ⇧ (July 13, 2026, 7:46 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 6:28 a.m. EDT

Morningstar presents a compelling dichotomy: a fundamentally resilient business trading at a discount, currently caught in a short-term correction. The long-term outlook remains solid; despite a single year of price weakness, the company boasts exceptional profitability with a 30.6% return on equity and robust free cash flow generation. Valuation is attractive relative to peers, trading at roughly 12x forward earnings with a healthy 1.2% dividend yield that has shown consistent growth over the last five years. However, the short-term picture is clouded by severe momentum headwinds; the stock is down nearly 45% from its yearly highs and sits well below its 200-day average, indicating a lack of immediate technical support. While the statistical forecast model hints at a modest rebound, the options market tells a more aggressive story, with speculators betting on a volatile recovery toward $200+. The tension lies in whether the market will quickly reprice this quality stock or if the macro environment will keep it suppressed for another quarter.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.040977
AutoETS0.041857
MSTL0.044463
AutoTheta0.049197

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 51%
H-stat 3.44
Ljung-Box p 0.000
Jarque-Bera p 0.082
Excess Kurtosis 1.00
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-10-01
Last Dividend Date 2026-07-09
Debt to Equity Ratio 187.15
Revenue per Share 61.218
Market Cap 6,599,762,432
Trailing P/E 16.90
Forward P/E 12.90
Beta 1.01
Profit Margins 16.06%
Website https://www.morningstar.com

As of July 11, 2026, 6:28 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy out-of-the-money call open interest at strikes like $190 and $250 for September expiration, alongside massive put open interest at deep strikes ($120) for December. This suggests a 'long gamma' strategy where traders bet on volatility expansion and a directional break above current levels, while using cheap deep puts as insurance against a crash rather than a primary bearish thesis.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.30% 1.03% 0.73% 0.68%
Dividend History
Date Dividend Yield %
2026-07-10 0.500 0.302700
2026-04-02 0.500 0.289168
2026-01-02 0.500 0.237620
2025-10-03 0.455 0.201221
2025-07-11 0.455 0.154825
2025-04-04 0.455 0.169296
2025-01-03 0.455 0.135930
2024-10-04 0.405 0.126975
2024-07-12 0.405 0.132548
2024-04-04 0.405 0.133224
2024-01-04 0.405 0.148167
2023-10-05 0.375 0.163655
2023-07-06 0.375 0.193299
2023-04-05 0.375 0.185763
2023-01-05 0.375 0.174475
2022-10-17 0.360 0.163503
2022-06-30 0.360 0.148865
2022-03-31 0.360 0.131786
2022-01-06 0.360 0.113740
2021-10-18 0.315 0.114516
2021-07-08 0.315 0.124649
2021-04-08 0.315 0.134956
2020-12-31 0.315 0.136028
2020-10-15 0.300 0.164672
2020-07-01 0.300 0.200776
2020-04-02 0.300 0.266667
2020-01-02 0.300 0.198282
2019-10-17 0.280 0.178777
2019-07-03 0.280 0.190736
2019-04-04 0.280 0.218613
2019-01-03 0.280 0.259813
2018-10-16 0.250 0.215964
2018-07-05 0.250 0.193304
2018-04-05 0.250 0.256726
2018-01-04 0.250 0.259632
2017-10-17 0.230 0.269226
2017-07-05 0.230 0.293180
2017-04-05 0.230 0.302911
2017-01-04 0.230 0.306422
2016-10-06 0.220 0.283871
2016-07-06 0.220 0.273496
2016-04-06 0.220 0.250884
2016-01-06 0.220 0.276208
2015-10-07 0.190 0.236260
2015-07-08 0.190 0.239024
2015-04-08 0.190 0.257243
2015-01-07 0.190 0.302885
2014-10-08 0.170 0.255908
2014-07-09 0.170 0.245878
2014-04-09 0.170 0.222368
2014-01-08 0.170 0.217921
2013-10-09 0.125 0.164755
2013-07-10 0.125 0.163249
2013-04-10 0.125 0.186762
2012-12-13 0.125 0.191630
2012-10-10 0.100 0.158003
2012-07-11 0.100 0.168435
2012-04-11 0.100 0.163319
2012-01-11 0.100 0.168067
2011-10-12 0.050 0.083893
2011-07-13 0.050 0.080880
2011-04-13 0.050 0.084118
2010-12-29 0.050 0.092661
Additional Data
dividendRate 2.0
dividendYield 1.21
exDividendDate 2026-10-02
trailingAnnualDividendRate 1.905
trailingAnnualDividendYield 0.011532874
lastDividendValue 0.5
lastDividendDate 2026-07-10
dividendDate 2026-07-31

Info Dump

Attribute Value
52 Week Change -0.43860245
Address1 22 West Washington Street
All Time High 365.0
All Time Low 18.51
Ask 184.58
Ask Size 2
Audit Risk 3
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 511,630
Average Daily Volume3 Month 517,263
Average Volume 517,263
Average Volume10Days 511,630
Beta 1.007
Bid 158.49
Bid Size 2
Board Risk 6
Book Value 26.788
City Chicago
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 173.55
Current Ratio 1.032
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 174.9899
Day Low 168.02
Debt To Equity 187.15
Display Name Morningstar
Dividend Date 1,785,456,000
Dividend Rate 2.0
Dividend Yield 1.21
Earnings Growth 0.5
Earnings Quarterly Growth 0.364
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,785,355,200
Earnings Timestamp Start 1,785,355,200
Ebitda 639,600,000
Ebitda Margins 0.25498
Enterprise To Ebitda 12.467
Enterprise To Revenue 3.179
Enterprise Value 7,974,062,592
Eps Current Year 11.9195
Eps Forward 13.45409
Eps Trailing Twelve Months 10.27
Esg Populated 0
Ex Dividend Date 1,790,899,200
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 171.187
Fifty Day Average Change 2.3630066
Fifty Day Average Change Percent 0.013803657
Fifty Two Week Change Percent -43.860245
Fifty Two Week High 295.8
Fifty Two Week High Change -122.249985
Fifty Two Week High Change Percent -0.41328597
Fifty Two Week Low 141.49
Fifty Two Week Low Change 32.059998
Fifty Two Week Low Change Percent 0.22658843
Fifty Two Week Range 141.49 - 295.8
Financial Currency USD
First Trade Date Milliseconds 1,115,127,000,000
Five Year Avg Dividend Yield 0.62
Float Shares 19,498,486
Forward Eps 13.45409
Forward P E 12.899424
Free Cashflow 452,812,512
Full Exchange Name NasdaqGS
Full Time Employees 10,973
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.61713004
Gross Profits 1,548,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.49292
Held Percent Institutions 0.64272004
Implied Shares Outstanding 38,028,018
Industry Financial Data & Stock Exchanges
Industry Disp Financial Data & Stock Exchanges
Industry Key financial-data-stock-exchanges
Ir Website http://corporate.morningstar.com/US/asp/subject.aspx?xmlfile=423.xml
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,783,641,600
Last Dividend Value 0.5
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Morningstar, Inc.
Market us_market
Market Cap 6,599,762,432
Market State PREPRE
Max Age 86,400
Message Board Id finmb_31721
Most Recent Quarter 1,774,915,200
Net Income To Common 402,800,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,282,228,573
Number Of Analyst Opinions 3
Open 168.02
Operating Cashflow 590,200,000
Operating Margins 0.24178
Overall Risk 5
Payout Ratio 0.19530001
Peg Ratio 2.31
Phone 312 696 6000
Post Market Change 1.449997
Post Market Change Percent 0.8354923
Post Market Price 175.0
Post Market Time 1,783,986,371
Previous Close 165.18
Price Eps Current Year 14.560174
Price Hint 2
Price To Book 6.478647
Price To Sales Trailing12 Months 2.6310644
Profit Margins 0.16058001
Quick Ratio 0.922
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change 8.37001
Regular Market Change Percent 5.06721
Regular Market Day High 174.9899
Regular Market Day Low 168.02
Regular Market Day Range 168.02 - 174.9899
Regular Market Open 168.02
Regular Market Previous Close 165.18
Regular Market Price 173.55
Regular Market Time 1,783,972,800
Regular Market Volume 344,631
Return On Assets 0.090459995
Return On Equity 0.30656
Revenue Growth 0.108
Revenue Per Share 61.218
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 38,028,018
Shares Percent Shares Out 0.044
Shares Short 1,671,973
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,936,111
Short Name Morningstar, Inc.
Short Percent Of Float 0.0728
Short Ratio 3.34
Source Interval 15
State IL
Symbol MORN
Target High Price 260.0
Target Low Price 210.0
Target Mean Price 227.33333
Target Median Price 212.0
Total Cash 532,200,000
Total Cash Per Share 13.995
Total Debt 1,906,499,968
Total Revenue 2,508,400,128
Tradeable 0
Trailing Annual Dividend Rate 1.905
Trailing Annual Dividend Yield 0.011532874
Trailing Eps 10.27
Trailing P E 16.898733
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 192.67265
Two Hundred Day Average Change -19.12265
Two Hundred Day Average Change Percent -0.09924942
Type Disp Equity
Volume 344,631
Website https://www.morningstar.com
Zip 60,602