How to buy Morningstar stock - 06 March

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How to buy Morningstar stock

Own Morningstar stock in just a few minutes.

Fact checked

Morningstar, Inc is a financial data & stock exchanges business based in the US. Morningstar shares (MORN) are listed on the NASDAQ and all prices are listed in US Dollars. Morningstar employs 7,979 staff and has a trailing 12-month revenue of around USD$1.4 billion.

How to buy shares in Morningstar

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Morningstar. Find the stock by name or ticker symbol: MORN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Morningstar reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Morningstar, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Morningstar. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Morningstar share price

Use our graph to track the performance of MORN stocks over time.

Morningstar shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$101.7984 - USD$255.75
50-day moving average USD$234.6376
200-day moving average USD$199.3987
Wall St. target priceUSD$75
PE ratio 44.3127
Dividend yield USD$1.215 (0.53%)
Earnings per share (TTM) USD$5.18

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Morningstar stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Morningstar under- or over-valued?

Valuing Morningstar stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Morningstar's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Morningstar's P/E ratio

Morningstar's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 44x. In other words, Morningstar shares trade at around 44x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Morningstar's EBITDA

Morningstar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$328.6 million.

The EBITDA is a measure of a Morningstar's overall financial performance and is widely used to measure a its profitability.

Morningstar financials

Revenue TTM USD$1.4 billion
Operating margin TTM 17.49%
Gross profit TTM USD$833.1 million
Return on assets TTM 5.99%
Return on equity TTM 18.99%
Profit margin 16.09%
Book value $29.638
Market capitalisation USD$9.8 billion

TTM: trailing 12 months

Shorting Morningstar shares

There are currently 289,636 Morningstar shares held short by investors – that's known as Morningstar's "short interest". This figure is 25.1% up from 231,498 last month.

There are a few different ways that this level of interest in shorting Morningstar shares can be evaluated.

Morningstar's "short interest ratio" (SIR)

Morningstar's "short interest ratio" (SIR) is the quantity of Morningstar shares currently shorted divided by the average quantity of Morningstar shares traded daily (recently around 122209.28270042). Morningstar's SIR currently stands at 2.37. In other words for every 100,000 Morningstar shares traded daily on the market, roughly 2370 shares are currently held short.

However Morningstar's short interest can also be evaluated against the total number of Morningstar shares, or, against the total number of tradable Morningstar shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Morningstar's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Morningstar shares in existence, roughly 10 shares are currently held short) or 0.0135% of the tradable shares (for every 100,000 tradable Morningstar shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Morningstar.

Find out more about how you can short Morningstar stock.

Morningstar share dividends

26%

Dividend payout ratio: 26.3% of net profits

Recently Morningstar has paid out, on average, around 26.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.55% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Morningstar shareholders could enjoy a 0.55% return on their shares, in the form of dividend payments. In Morningstar's case, that would currently equate to about $1.215 per share.

While Morningstar's payout ratio might seem fairly standard, it's worth remembering that Morningstar may be investing much of the rest of its net profits in future growth.

Morningstar's most recent dividend payout was on 30 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 April 2021 (the "ex-dividend date").

Morningstar share price volatility

Over the last 12 months, Morningstar's shares have ranged in value from as little as $101.7984 up to $255.75. A popular way to gauge a stock's volatility is its "beta".

MORN.US volatility(beta: 1.08)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Morningstar's is 1.08. This would suggest that Morningstar's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Morningstar overview

Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, Canada, Asia, the United Kingdom, and internationally. It offers web-based tools; investment data, fundamental equity research, manager research, credit ratings, and private capital markets research services; and investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. The company offers Morningstar Data, an investment data spanning various investment databases, including equity fundamentals, managed investments, and real-time pricing and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker-dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research and proposal generation platform; and Morningstar.com, a Website for individual investors. It also provides Morningstar Enterprise Components; Morningstar Credit Ratings that provides new issue and surveillance ratings for structured finance securities; operational risk assessment services, deal monitoring, and corporate credit estimation; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. In addition, the company's PitchBook offers a mobile application, excel plug-in, data feeds, and data solutions. Morningstar, Inc. was founded in 1984 and is headquartered in Chicago, Illinois.

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