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Morningstar, Inc. (MORN)

Financial Services | Financial Data & Stock Exchanges | Chicago, United States | NasdaqGS
217.65 USD -1.16 (-0.530%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 217.65

Short-term:★★⯪☆☆Long-term:★★★★☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 5:20 a.m. EDT

Morningstar presents a compelling dichotomy: a fundamentally superior business currently punished by a recent price correction, yet viewed with skepticism by short-term traders. The long-term outlook remains robust; the company boasts exceptional profitability with a 32% return on equity and a fortress-like balance sheet, supported by a decade-long price trajectory that is up 220%. While the trailing twelve months saw a decline, the broader historical trend confirms a dominant competitive position. However, the short-term picture is clouded by a 'sell the news' dynamic where the market has priced in the recovery, leading to a flat-to-slightly-bearish technical setup. Options flow tells a different story, with aggressive buying of far-out calls suggesting smart money expects a bounce, while the statistical forecast model leans slightly negative due to recent noise. This tension creates a scenario where the stock is a solid buy-and-hold candidate for value investors, but a risky, choppy trade for those looking for immediate momentum.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.268001
AutoETS0.273433
AutoARIMA0.278425
AutoTheta0.291742

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 39%
H-stat 6.27
Ljung-Box p 0.000
Jarque-Bera p 0.141
Excess Kurtosis -1.44
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-10-01
Last Dividend Date 2026-07-09
Debt to Equity Ratio 186.052
Revenue per Share 64.323
Market Cap 8,164,828,672
Trailing P/E 20.81
Forward P/E 15.62
Beta 0.98
Profit Margins 16.43%
Website https://www.morningstar.com

As of Aug. 22, 2026, 5:20 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy call volume at strikes 250 and 260, which are trading far out-of-the-money relative to the current price. Conversely, put activity is concentrated deep in-the-money (strikes 85-120), suggesting a hedge against a crash rather than a bearish bet on the immediate future. The implied volatility skew shows elevated premiums for deep OTM calls compared to deep ITM puts, indicating asymmetric speculation favoring a rally.


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 0.91
exDividendDate 2026-10-02
trailingAnnualDividendRate 1.955
trailingAnnualDividendYield 0.0089346925
lastDividendValue 0.5
lastDividendDate 2026-07-10
dividendDate 2026-07-31

Info Dump

Attribute Value
52 Week Change -0.14524007
Address1 22 West Washington Street
All Time High 365.0
All Time Low 18.51
Ask 218.6
Ask Size 1
Audit Risk 3
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 290,800
Average Daily Volume3 Month 419,035
Average Volume 419,035
Average Volume10Days 290,800
Beta 0.98
Bid 216.08
Bid Size 1
Board Risk 6
Book Value 27.291
City Chicago
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 217.65
Current Ratio 1.056
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 220.4375
Day Low 216.24
Debt To Equity 186.052
Display Name Morningstar
Dividend Date 1,785,456,000
Dividend Rate 2.0
Dividend Yield 0.91
Earnings Growth 0.354
Earnings Quarterly Growth 0.211
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda 680,099,968
Ebitda Margins 0.26499
Enterprise To Ebitda 14.036
Enterprise To Revenue 3.719
Enterprise Value 9,545,828,352
Eps Current Year 12.31584
Eps Forward 13.93798
Eps Trailing Twelve Months 10.46
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 182.9106
Fifty Day Average Change 34.739395
Fifty Day Average Change Percent 0.18992555
Fifty Two Week Change Percent -14.524007
Fifty Two Week High 261.76
Fifty Two Week High Change -44.110016
Fifty Two Week High Change Percent -0.1685132
Fifty Two Week Low 141.49
Fifty Two Week Low Change 76.15999
Fifty Two Week Low Change Percent 0.5382711
Fifty Two Week Range 141.49 - 261.76
Financial Currency USD
First Trade Date Milliseconds 1,115,127,000,000
Five Year Avg Dividend Yield 0.62
Float Shares 18,916,593
Forward Eps 13.93798
Forward P E 15.615605
Free Cashflow 497,800,000
Full Exchange Name NasdaqGS
Full Time Employees 10,973
Fullday Change -1.16
Fullday Change Percent -0.530142
Fullday Price 217.65
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.62240005
Gross Profits 1,597,400,064
Has Pre Post Market Data 1
Held Percent Insiders 0.4967
Held Percent Institutions 0.66488
Implied Shares Outstanding 37,513,571
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 1
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 8,164,828,672
Market State CLOSED
Max Age 86,400
Message Board Id finmb_31721
Most Recent Quarter 1,782,777,600
Net Income To Common 421,600,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,208,344,470
Number Of Analyst Opinions 3
Open 218.49
Operating Cashflow 646,899,968
Operating Margins 0.24215999
Overall Risk 5
Payout Ratio 0.186
Peg Ratio 2.31
Phone 312 696 6000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 217.65
Post Market Time 1,787,959,805
Previous Close 218.81
Price Eps Current Year 17.672363
Price Hint 2
Price To Book 7.9751563
Price To Sales Trailing12 Months 3.1813085
Profit Margins 0.16427
Quick Ratio 0.938
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change -1.16
Regular Market Change Percent -0.530142
Regular Market Day High 220.4375
Regular Market Day Low 216.24
Regular Market Day Range 216.24 - 220.4375
Regular Market Open 218.49
Regular Market Previous Close 218.81
Regular Market Price 217.65
Regular Market Time 1,787,947,201
Regular Market Volume 340,083
Return On Assets 0.096269995
Return On Equity 0.3196
Revenue Growth 0.096
Revenue Per Share 64.323
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 37,513,571
Shares Percent Shares Out 0.040900003
Shares Short 1,535,373
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,463,478
Short Name Morningstar, Inc.
Short Percent Of Float 0.0684
Short Ratio 3.88
Source Interval 15
State IL
Symbol MORN
Target High Price 260.0
Target Low Price 220.0
Target Mean Price 236.66667
Target Median Price 230.0
Total Cash 523,800,000
Total Cash Per Share 13.963
Total Debt 1,904,800,000
Total Revenue 2,566,500,096
Tradeable 0
Trailing Annual Dividend Rate 1.955
Trailing Annual Dividend Yield 0.0089346925
Trailing Eps 10.46
Trailing P E 20.807838
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 187.92184
Two Hundred Day Average Change 29.72815
Two Hundred Day Average Change Percent 0.15819421
Type Disp Equity
Volume 340,083
Website https://www.morningstar.com
Zip 60,602