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Morningstar, Inc. (MORN)

Financial Services | Financial Data & Stock Exchanges | Chicago, United States | NasdaqGS
184.28 USD +3.76 (2.083%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 180.72 -3.56 (-3.560%) ⇩ (April 17, 2026, 7:06 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 4:16 p.m. EDT

Morningstar, Inc. (MORN) presents a mixed picture for short-term and long-term investors. The recent price action shows a range-bound trend with some volatility, but the stock has not yet broken out of its recent consolidation phase. The dividend yield and consistent payout history are positive for income-focused investors, and the stock's fundamentals remain solid. However, the short-term forecasting model suggests limited upside potential, and the options activity indicates a cautious market. For long-term investors, MORN could be a good buy, given its strong fundamentals and the recent dip, which may present an opportunity to enter at a more attractive price.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.156460
AutoETS0.162741
AutoTheta0.173261
AutoARIMA0.196720

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.79
Ljung-Box p 0.000
Jarque-Bera p 0.830
Excess Kurtosis -0.37
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-09
Last Dividend Date 2026-04-01
Debt to Equity Ratio 103.208
Revenue per Share 58.365
Market Cap 7,294,495,232
Trailing P/E 20.36
Forward P/E 14.21
Beta 1.11
Profit Margins 15.30%
Website https://www.morningstar.com

As of April 11, 2026, 4:16 p.m. EDT: Options activity shows mixed signals. Call options are showing increased volume and open interest, particularly for strikes above the current price, indicating potential bullish sentiment. However, put options also have significant volume and open interest, especially for lower strikes, suggesting some bearish positioning. The IV spikes and the concentration of open interest in certain strikes may indicate speculative activity or anticipation of volatility. Overall, the options market appears to be cautious, with both bullish and bearish bets being placed.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.29% 0.89% 0.70% 0.66%
Dividend History
Date Dividend Yield %
2026-04-02 0.500 0.289168
2026-01-02 0.500 0.238322
2025-10-03 0.455 0.202281
2025-07-11 0.455 0.155954
2025-04-04 0.455 0.170791
2025-01-03 0.455 0.137345
2024-10-04 0.405 0.128473
2024-07-12 0.405 0.134283
2024-04-04 0.405 0.135149
2024-01-04 0.405 0.150509
2023-10-05 0.375 0.166489
2023-07-06 0.375 0.196967
2023-04-05 0.375 0.189655
2023-01-05 0.375 0.178459
2022-10-17 0.360 0.167521
2022-06-30 0.360 0.152781
2022-03-31 0.360 0.135455
2022-01-06 0.360 0.117058
2021-10-18 0.315 0.117989
2021-07-08 0.315 0.128576
2021-04-08 0.315 0.139377
2020-12-31 0.315 0.140676
2020-10-15 0.300 0.170533
2020-07-01 0.300 0.208264
2020-04-02 0.300 0.277202
2020-01-02 0.300 0.206651
2019-10-17 0.280 0.186693
2019-07-03 0.280 0.199544
2019-04-04 0.280 0.229150
2019-01-03 0.280 0.272924
2018-10-16 0.250 0.227449
2018-07-05 0.250 0.204038
2018-04-05 0.250 0.271509
2018-01-04 0.250 0.275301
2017-10-17 0.230 0.286224
2017-07-05 0.230 0.312530
2017-04-05 0.230 0.323851
2017-01-04 0.230 0.328595
2016-10-06 0.220 0.305359
2016-07-06 0.220 0.295034
2016-04-06 0.220 0.271383
2016-01-06 0.220 0.299532
2015-10-07 0.190 0.256917
2015-07-08 0.190 0.260536
2015-04-08 0.190 0.281061
2015-01-07 0.190 0.331783
2014-10-08 0.170 0.281176
2014-07-09 0.170 0.270853
2014-04-09 0.170 0.245552
2014-01-08 0.170 0.241181
2013-10-09 0.125 0.182738
2013-07-10 0.125 0.181367
2013-04-10 0.125 0.207835
2012-12-13 0.125 0.213654
2012-10-10 0.100 0.176503
2012-07-11 0.100 0.188455
2012-04-11 0.100 0.183037
2012-01-11 0.100 0.188672
2011-10-12 0.050 0.094336
2011-07-13 0.050 0.091025
2011-04-13 0.050 0.094746
2010-12-29 0.050 0.104458
Additional Data
dividendRate 2.0
dividendYield 1.09
exDividendDate 2026-07-10
trailingAnnualDividendRate 1.865
trailingAnnualDividendYield 0.010331265
lastDividendValue 0.5
lastDividendDate 2026-04-02
dividendDate 2026-04-30

Info Dump

Attribute Value
52 Week Change -0.32112366
Address1 22 West Washington Street
All Time High 365.0
All Time Low 18.51
Ask 184.87
Ask Size 1
Audit Risk 6
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 501,950
Average Daily Volume3 Month 584,113
Average Volume 584,113
Average Volume10Days 501,950
Beta 1.112
Bid 183.63
Bid Size 1
Board Risk 6
Book Value 30.747
City Chicago
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 184.28
Current Ratio 0.985
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 184.565
Day Low 180.0
Debt To Equity 103.208
Display Name Morningstar
Dividend Date 1,777,507,200
Dividend Rate 2.0
Dividend Yield 1.09
Earnings Growth 0.045
Earnings Quarterly Growth -0.015
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda 593,400,000
Ebitda Margins 0.24264999
Enterprise To Ebitda 13.527
Enterprise To Revenue 3.282
Enterprise Value 8,026,895,360
Eps Current Year 11.35834
Eps Forward 12.96567
Eps Trailing Twelve Months 9.05
Esg Populated 0
Ex Dividend Date 1,783,641,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 172.7738
Fifty Day Average Change 11.506195
Fifty Day Average Change Percent 0.06659687
Fifty Two Week Change Percent -32.112366
Fifty Two Week High 316.71
Fifty Two Week High Change -132.43
Fifty Two Week High Change Percent -0.41814277
Fifty Two Week Low 149.08
Fifty Two Week Low Change 35.199997
Fifty Two Week Low Change Percent 0.23611481
Fifty Two Week Range 149.08 - 316.71
Financial Currency USD
First Trade Date Milliseconds 1,115,127,000,000
Five Year Avg Dividend Yield 0.6
Float Shares 20,965,538
Forward Eps 12.96567
Forward P E 14.212918
Free Cashflow 446,375,008
Full Exchange Name NasdaqGS
Full Time Employees 10,973
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.61035
Gross Profits 1,492,600,064
Has Pre Post Market Data 1
Held Percent Insiders 0.48866
Held Percent Institutions 0.65072995
Implied Shares Outstanding 39,583,760
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 1,775,088,000
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 7,294,495,232
Market State CLOSED
Max Age 86,400
Message Board Id finmb_31721
Most Recent Quarter 1,767,139,200
Net Income To Common 374,200,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,953,164,116
Number Of Analyst Opinions 3
Open 181.23
Operating Cashflow 589,699,968
Operating Margins 0.21712999
Overall Risk 3
Payout Ratio 0.21030001
Peg Ratio 2.31
Phone 312 696 6000
Post Market Change -3.5599976
Post Market Change Percent -1.9318415
Post Market Price 180.72
Post Market Time 1,776,467,174
Previous Close 180.52
Price Eps Current Year 16.224201
Price Hint 2
Price To Book 5.99343
Price To Sales Trailing12 Months 2.9828238
Profit Margins 0.15302
Quick Ratio 0.888
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change 3.75999
Regular Market Change Percent 2.08287
Regular Market Day High 184.565
Regular Market Day Low 180.0
Regular Market Day Range 180.0 - 184.565
Regular Market Open 181.23
Regular Market Previous Close 180.52
Regular Market Price 184.28
Regular Market Time 1,776,456,001
Regular Market Volume 326,458
Return On Assets 0.08863
Return On Equity 0.26347
Revenue Growth 0.085
Revenue Per Share 58.365
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 38,517,417
Shares Percent Shares Out 0.0356
Shares Short 1,370,461
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,587,239
Short Name Morningstar, Inc.
Short Percent Of Float 0.0584
Short Ratio 2.81
Source Interval 15
State IL
Symbol MORN
Target High Price 280.0
Target Low Price 205.0
Target Mean Price 250.0
Target Median Price 265.0
Total Cash 528,700,000
Total Cash Per Share 13.356
Total Debt 1,261,100,032
Total Revenue 2,445,499,904
Tradeable 0
Trailing Annual Dividend Rate 1.865
Trailing Annual Dividend Yield 0.010331265
Trailing Eps 9.05
Trailing P E 20.36243
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 220.84415
Two Hundred Day Average Change -36.564148
Two Hundred Day Average Change Percent -0.16556539
Type Disp Equity
Volume 326,458
Website https://www.morningstar.com
Zip 60,602