Morningstar, Inc. is set to reveal its latest quarterly earnings on Tuesday, April 28th, with a consensus estimate of $2.41 earnings per share.
Morningstar, Inc. is currently trading at $183.81, marking a $6.05 increase (3.4%) from the previous close. The trading volume stands at $74,521, representing a 12.52% increase relative to the average.
In the latest quarterly earnings report released on Wednesday, February 11th, Morningstar, Inc. reported earnings per share of $2.71, surpassing the consensus estimate of $2.51.
The company offers a forward dividend yield of 1.09% and a dividend per share of 50 cents MRQ. The dividend per share year over year shows a decrease of 45.0549 cents.
Morningstar, Inc. generated a free cash flow of $161.3 million, with a net change in cash of $300,000. The company's cash at the end of the period is $474.5 million.
Morningstar, Inc. reported a revenue of $641.1 million, resulting in a net income of $115.1 million. The earnings per share (EPS) stands at $2.84.
Key financial ratios include a gross profit margin of 61.13%, a return on equity of 9.42%, and a price-to-earnings ratio of 19.12.
The company's total assets amount to $3.59 billion, with total liabilities at $2.37 billion, showcasing a strong financial position.
This comprehensive overview highlights Morningstar, Inc.'s robust performance, positive earnings growth, and solid financial health.
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, 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, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; 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. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.