MORN RSI Chart
Last 7 days
6.2%
Last 30 days
-3.1%
Last 90 days
7.9%
Trailing 12 Months
60.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.1B | 0 | 0 | 0 |
2023 | 1.9B | 1.9B | 2.0B | 2.0B |
2022 | 1.8B | 1.8B | 1.9B | 1.9B |
2021 | 1.5B | 1.5B | 1.6B | 1.7B |
2020 | 1.2B | 1.3B | 1.3B | 1.4B |
2019 | 1.0B | 1.1B | 1.1B | 1.2B |
2018 | 945.7M | 968.9M | 1.0B | 1.0B |
2017 | 816.0M | 847.0M | 880.8M | 911.7M |
2016 | 791.1M | 787.2M | 788.0M | 798.6M |
2015 | 768.7M | 781.4M | 783.6M | 788.8M |
2014 | 710.6M | 724.6M | 744.2M | 760.1M |
2013 | 666.4M | 675.8M | 688.4M | 698.3M |
2012 | 640.4M | 645.3M | 646.3M | 658.3M |
2011 | 578.8M | 603.7M | 624.0M | 631.4M |
2010 | 490.6M | 507.1M | 526.8M | 555.4M |
2009 | 0 | 494.6M | 486.8M | 479.0M |
2008 | 0 | 0 | 0 | 502.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 06, 2024 | mansueto joseph d | sold | -2,233,080 | 298 | -7,486 | executive chairman |
May 03, 2024 | mansueto joseph d | sold | -2,635,500 | 294 | -8,954 | executive chairman |
May 02, 2024 | mansueto joseph d | sold | -2,414,020 | 290 | -8,321 | executive chairman |
May 01, 2024 | mansueto joseph d | sold | -2,386,980 | 286 | -8,325 | executive chairman |
Mar 12, 2024 | mansueto joseph d | sold | -2,650,790 | 307 | -8,614 | executive chairman |
Mar 11, 2024 | kaplan steven n | sold | -383,516 | 306 | -1,250 | - |
Mar 11, 2024 | mansueto joseph d | sold | -399,072 | 307 | -1,297 | executive chairman |
Mar 08, 2024 | mansueto joseph d | sold | -1,454,250 | 311 | -4,675 | executive chairman |
Mar 07, 2024 | mansueto joseph d | sold | -2,659,950 | 311 | -8,533 | executive chairman |
Mar 06, 2024 | mansueto joseph d | sold | -3,085,890 | 309 | -9,982 | executive chairman |
Which funds bought or sold MORN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Envestnet Portfolio Solutions, Inc. | added | 60.79 | 148,628 | 351,655 | -% |
May 06, 2024 | GREAT VALLEY ADVISOR GROUP, INC. | new | - | 216,626 | 216,626 | 0.01% |
May 06, 2024 | GEORGE KAISER FAMILY FOUNDATION | unchanged | - | 169,029 | 2,355,330 | 0.45% |
May 06, 2024 | SG Americas Securities, LLC | added | 506 | 3,448,000 | 4,071,000 | 0.02% |
May 06, 2024 | DUALITY ADVISERS, LP | reduced | -19.49 | -537,719 | 3,515,730 | 0.35% |
May 06, 2024 | Mawer Investment Management Ltd. | sold off | -100 | -2,500,590 | - | -% |
May 06, 2024 | Advisory Services Network, LLC | reduced | -5.66 | 16,062 | 1,001,590 | 0.02% |
May 06, 2024 | Parallel Advisors, LLC | added | 10.82 | 60,532 | 372,833 | 0.01% |
May 06, 2024 | Quantbot Technologies LP | added | 80.48 | 1,035,480 | 2,132,070 | 0.12% |
May 06, 2024 | Bard Financial Services, Inc. | unchanged | - | 22,130 | 308,370 | 0.03% |
Unveiling Morningstar Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Morningstar Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GS | 143.1B | 67.8B | 15.2 | 2.11 | ||||
ICE | 76.7B | 9.7B | 30.93 | 7.89 | ||||
CME | 74.8B | 5.7B | 23.19 | 13.2 | ||||
COIN | 52.0B | 4.0B | 38.54 | 13.1 | ||||
FDS | 16.6B | 2.2B | 33.93 | 7.71 | ||||
IBKR | 12.9B | 6.1B | 4.44 | 2.12 | ||||
MID-CAP | ||||||||
JEF | 9.7B | 8.2B | 33.44 | 1.18 | ||||
HLI | 8.6B | 1.8B | 33.32 | 4.69 | ||||
EVR | 7.4B | 2.4B | 28.8 | 3.01 | ||||
FRHC | 4.2B | 1.4B | 12.6 | 3.02 | ||||
CLSK | 3.3B | 214.4M | -40.12 | 15.28 | ||||
SMALL-CAP | ||||||||
DFIN | 1.8B | 802.0M | 18.49 | 2.3 | ||||
AMRK | 922.0M | 10.0B | 8.35 | 0.09 | ||||
COHN | 16.1M | 92.7M | 2.58 | 0.17 | ||||
AAMC | 7.9M | 3.2M | -0.24 | 2.5 |
Morningstar Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 0.8% | 543 | 539 | 516 | 505 | 480 | 475 | 468 | 470 | 457 | 462 | 429 | 415 | 393 | 380 | 357 | 328 | 324 | 332 | 314 | 274 | 259 |
Costs and Expenses | 1.3% | 450 | 444 | 446 | 463 | 455 | 440 | 446 | 417 | 401 | 387 | 361 | 368 | 326 | 315 | 313 | 267 | 280 | 293 | 264 | 223 | 209 |
S&GA Expenses | 4.2% | 105 | 100 | 106 | 110 | 108 | 94.00 | 90.00 | 92.00 | 81.00 | 74.00 | 73.00 | 67.00 | 62.00 | 56.00 | 53.00 | 47.00 | 51.00 | 48.00 | 44.00 | 46.00 | 40.00 |
EBITDA Margin | 16.8% | 0.24* | 0.21* | 0.18* | 0.15* | 0.15* | 0.17* | 0.19* | 0.22* | 0.23* | 0.24* | 0.27* | 0.29* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -30.3% | 12.00 | 17.00 | 14.00 | 16.00 | 12.00 | 11.00 | 11.00 | 4.00 | 3.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 4.00 | 5.00 | 5.00 | 0.00 | 1.00 |
Income Taxes | 51.1% | 21.00 | 14.00 | 17.00 | -6.20 | 8.00 | 26.00 | 5.00 | 7.00 | 17.00 | 19.00 | 16.00 | 14.00 | 14.00 | 19.00 | 17.00 | 15.00 | 9.00 | 9.00 | 13.00 | 12.00 | 12.00 |
Earnings Before Taxes | -3.7% | 87.00 | 90.00 | 57.00 | 32.00 | 2.00 | 31.00 | -2.30 | 39.00 | 63.00 | 74.00 | 63.00 | 46.00 | 67.00 | 93.00 | 93.00 | 64.00 | 33.00 | 36.00 | 64.00 | 53.00 | 46.00 |
EBT Margin | 42.4% | 0.13* | 0.09* | 0.06* | 0.03* | 0.04* | 0.07* | 0.09* | 0.13* | 0.14* | 0.15* | 0.17* | 0.19* | - | - | - | - | - | - | - | - | - |
Net Income | -12.7% | 64.00 | 74.00 | 39.00 | 36.00 | -7.60 | 3.00 | -9.00 | 30.00 | 46.00 | 57.00 | 49.00 | 33.00 | 55.00 | 76.00 | 76.00 | 48.00 | 24.00 | 28.00 | 49.00 | 42.00 | 33.00 |
Net Income Margin | 46.4% | 0.10* | 0.07* | 0.04* | 0.01* | 0.01* | 0.04* | 0.07* | 0.10* | 0.10* | 0.11* | 0.13* | 0.16* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -44.8% | 60.00 | 108 | 101 | -5.80 | -6.10 | 67.00 | 68.00 | 37.00 | -4.50 | 106 | 92.00 | 109 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -0.4% | 3,389 | 3,403 | 3,344 | 3,458 | 3,451 | 3,475 | 3,415 | 3,466 | 2,869 | 2,863 | 2,744 | 2,728 | 2,712 | 2,696 | 2,292 | 2,371 | 2,283 | 1,572 | 1,552 | 1,454 | 1,440 |
Current Assets | 1.8% | 831 | 816 | 758 | 807 | 781 | 811 | 789 | 818 | 903 | 888 | 797 | - | - | 730 | 581 | 603 | 561 | 620 | 587 | 602 | 584 |
Cash Equivalents | 4.7% | 354 | 338 | 325 | 343 | 352 | 377 | 373 | 380 | 484 | 484 | 427 | 388 | 384 | 423 | 323 | 334 | 322 | 384 | 349 | 369 | 323 |
Net PPE | 1.5% | 211 | 208 | 204 | 206 | 202 | 199 | 188 | 183 | 177 | 172 | 165 | - | - | 155 | 150 | 155 | 152 | 140 | 143 | 144 | 145 |
Goodwill | -0.3% | 1,574 | 1,579 | 1,569 | 1,585 | 1,577 | 1,572 | 1,542 | 1,579 | 1,203 | 1,207 | 1,209 | - | - | 1,205 | 1,013 | 1,039 | 1,016 | 473 | 557 | 557 | 559 |
Liabilities | -3.3% | 2,006 | 2,076 | 2,100 | 2,222 | 2,246 | 2,268 | 2,236 | 2,225 | 1,518 | 1,447 | 1,359 | 1,381 | 1,403 | 1,425 | 1,259 | 1,287 | 1,241 | 569 | 583 | 519 | 512 |
Current Liabilities | -3.9% | 847 | 881 | 810 | 815 | 844 | 883 | 806 | 801 | 721 | 784 | 693 | - | - | 627 | 456 | 496 | 432 | 381 | 373 | 363 | 321 |
Short Term Borrowings | 0% | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 29.00 | - | - | - | - | - | - | 11.00 | 11.00 | - | - | - | - | - |
Long Term Debt | -2.4% | 917 | 940 | 1,023 | 1,121 | 1,099 | 1,078 | 1,126 | 1,147 | 504 | 359 | 374 | - | - | 449 | 519 | 502 | - | - | - | - | - |
Shareholder's Equity | 4.2% | 1,383 | 1,328 | 1,244 | 1,236 | 1,205 | 1,207 | 1,179 | 1,241 | 1,352 | 1,416 | 1,386 | 1,350 | 1,321 | 1,271 | 1,033 | 1,084 | 1,042 | 1,003 | 968 | 935 | 928 |
Retained Earnings | 2.9% | 1,658 | 1,611 | 1,555 | 1,532 | 1,511 | 1,535 | 1,563 | 1,572 | 1,557 | 1,527 | 1,499 | - | - | 1,389 | 1,229 | 1,218 | 1,215 | 1,166 | 1,136 | 1,115 | 1,095 |
Additional Paid-In Capital | 2.4% | 808 | 789 | 783 | 775 | 772 | 758 | 739 | 725 | 715 | 689 | 686 | - | - | 671 | 657 | 655 | 647 | 640 | 634 | 622 | 616 |
Accumulated Depreciation | 3.8% | 741 | 714 | 691 | 667 | 590 | 611 | 590 | 569 | 550 | 529 | 514 | 472 | 472 | 452 | 395 | 377 | 401 | 383 | 370 | 352 | 333 |
Shares Outstanding | 0.0% | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 42.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 5,100 | - | - | - | 6,000 | - | - | - | 6,200 | - | - | - | - | - | 2,900 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -32.1% | 93,600 | 137,800 | 130,700 | 24,500 | 23,400 | 103,500 | 102,100 | 68,700 | 23,500 | 135,900 | 122,600 | 127,200 | 64,200 | 114,600 | 93,400 | 127,600 | 48,700 | 82,500 | 105,700 | 87,200 | 59,000 |
Share Based Compensation | 2.7% | 11,400 | 11,100 | 14,700 | 14,800 | 12,200 | 25,100 | 22,100 | 22,100 | 13,900 | 10,900 | 11,100 | 11,800 | 8,100 | 9,100 | 9,900 | 10,300 | 7,300 | 11,100 | 10,800 | 12,500 | 10,000 |
Cashflow From Investing | 18.6% | -26,700 | -32,800 | -21,300 | -27,100 | -700 | -38,300 | -36,000 | -691,300 | -33,700 | -42,300 | -56,200 | -35,800 | -33,400 | 900 | -67,500 | -37,700 | -19,500 | -30,000 | -678,300 | -18,500 | -19,500 |
Cashflow From Financing | 57.9% | -43,500 | -103,400 | -120,100 | -6,100 | -48,800 | -76,700 | -57,100 | 537,100 | 11,800 | -36,300 | -20,200 | -89,300 | -66,000 | -57,600 | -34,000 | -63,700 | -26,900 | -49,600 | 517,500 | -33,500 | -60,700 |
Dividend Payments | 8.1% | 17,300 | 16,000 | 16,000 | 16,000 | 15,900 | 15,300 | 15,300 | 15,400 | 15,500 | 13,600 | 13,600 | 13,500 | 13,500 | 12,800 | 12,900 | 12,800 | 12,900 | 11,900 | 12,000 | 12,000 | 11,900 |
Buy Backs | - | - | - | - | 1,400 | - | 8,300 | 15,200 | 91,900 | 110,600 | 1,200 | 100 | - | - | 4,300 | 17,600 | - | 20,000 | - | - | - | 4,900 |
Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenue | $ 542.8 | $ 479.7 |
Operating expense: | ||
Cost of revenue | 218.1 | 218.8 |
Sales and marketing | 104.6 | 107.6 |
General and administrative | 80.3 | 84.0 |
Depreciation and amortization | 47.2 | 44.8 |
Total operating expense | 450.2 | 455.2 |
Operating income | 92.6 | 24.5 |
Non-operating expense, net: | ||
Interest expense, net | (11.5) | (13.3) |
Realized gain on sale of investments, reclassified from other comprehensive income | 2.6 | 0.2 |
Expense from equity method transaction, net | 0.0 | (11.8) |
Other income, net | 3.3 | 2.5 |
Non-operating expense, net | (5.6) | (22.4) |
Income before income taxes and equity in investments of unconsolidated entities | 87.0 | 2.1 |
Equity in investments of unconsolidated entities | (1.5) | (1.3) |
Income tax expense | 21.3 | 8.4 |
Consolidated net income (loss) | $ 64.2 | $ (7.6) |
Net income per share: | ||
Basic (in dollars per share) | $ 1.50 | $ (0.18) |
Diluted (in dollars per share) | 1.49 | (0.18) |
Dividends declared (in dollars per share) | 0.41 | 0.38 |
Dividends paid per common share (in dollars per share) | $ 0.41 | $ 0.38 |
Weighted average shares outstanding: | ||
Basic (in shares) | 42.7 | 42.5 |
Diluted (in shares) | 43.0 | 42.5 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 353.7 | $ 337.9 |
Investments | 55.4 | 51.1 |
Accounts receivable, less allowance for credit losses of $6.1 million and $5.6 million, respectively | 326.2 | 343.9 |
Income tax receivable, net | 0.0 | 0.6 |
Deferred commissions | 41.6 | 41.9 |
Prepaid expenses | 48.6 | 34.9 |
Other current assets | 5.1 | 5.4 |
Total current assets | 830.6 | 815.7 |
Goodwill | 1,574.1 | 1,578.8 |
Intangible assets, net | 463.4 | 484.4 |
Property, equipment, and capitalized software, less accumulated depreciation and amortization of $741.2 million and $714.0 million, respectively | 210.8 | 207.7 |
Operating lease assets | 156.5 | 163.9 |
Investments in unconsolidated entities | 96.1 | 100.2 |
Deferred tax assets, net | 19.7 | 14.6 |
Deferred commissions | 30.0 | 29.3 |
Other assets | 8.2 | 8.8 |
Total assets | 3,389.4 | 3,403.4 |
Current liabilities: | ||
Deferred revenue | 565.2 | 517.7 |
Accrued compensation | 122.9 | 214.4 |
Accounts payable and accrued liabilities | 72.0 | 78.4 |
Current portion of long-term debt | 32.1 | 32.1 |
Operating lease liabilities | 34.7 | 36.4 |
Other current liabilities | 19.9 | 1.8 |
Total current liabilities | 846.8 | 880.8 |
Operating lease liabilities | 143.8 | 151.4 |
Accrued compensation | 23.3 | 23.7 |
Deferred tax liabilities, net | 32.8 | 35.6 |
Long-term debt | 917.3 | 940.3 |
Deferred revenue | 24.7 | 26.3 |
Other long-term liabilities | 17.6 | 17.5 |
Total liabilities | 2,006.3 | 2,075.6 |
Morningstar, Inc. shareholders’ equity: | ||
Common stock, no par value, 200,000,000 shares authorized, of which 42,745,570 and 42,728,182 shares were outstanding as of March 31, 2024 and December 31, 2023, respectively | 0.0 | 0.0 |
Treasury stock at cost, 11,987,495 and 11,987,495 shares as of March 31, 2024 and December 31, 2023, respectively | (985.5) | (985.5) |
Additional paid-in capital | 808.0 | 789.0 |
Retained earnings | 1,657.7 | 1,610.8 |
Accumulated other comprehensive loss: | ||
Currency translation adjustment | (97.0) | (86.4) |
Unrealized loss on available-for-sale investments | (0.1) | (0.1) |
Total accumulated other comprehensive loss | (97.1) | (86.5) |
Total equity | 1,383.1 | 1,327.8 |
Total liabilities and equity | $ 3,389.4 | $ 3,403.4 |
 | Mr. Kunal Kapoor CFA |
---|---|
 | morningstar.com |
 | Mortgage Finance |
 | 12126 |