MORN - Morningstar, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+2.02 (+1.30%)
As of 1:00PM EST. Market open.
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Previous Close155.25
Bid157.14 x 800
Ask157.37 x 800
Day's Range155.37 - 157.39
52 Week Range99.67 - 163.94
Avg. Volume97,861
Market Cap6.733B
Beta (3Y Monthly)0.80
PE Ratio (TTM)40.64
EPS (TTM)3.87
Earnings DateOct 23, 2019
Forward Dividend & Yield1.12 (0.72%)
Ex-Dividend Date2019-10-17
1y Target Est75.00

    Bond Investors Rely on Morningstar Fund Ratings. A Study Questions Their Accuracy.

    A new academic paper says Morningstar has faulty data for its bond-fund star ratings, a claim the company disputes.


    Eight of the 10 Biggest U.S. Sustainable Funds Are Invested in Oil-and-Gas Companies

    Despite claims to consider environmental sustainability, ESG funds invest in Exxon and Occidental Petroleum

  • Morningstar

    Barbara Roper: 'Protections Have Been Under Attack'

    A leading consumer spokesperson on investor protection issues, Roper has conducted studies of abuses in the financial planning industry, state oversight of investment advisors, state and federal financial planning regulation, financial planning software, financial education needs of low-income older persons, the information preferences of mutual fund shareholders, systemic risk regulation, and securities law weaknesses as a cause of the financial crisis. Roper is a member of the SEC's Investor Advisory Committee, Finra's Investor Issues Group, and the CFP Board's Public Policy Council and Standards Commission.

  • Financial Times

    Billionaires are in the crosshairs over America’s wealth gap

    One scoop to start: Cerberus has lost faith in Deutsche Bank’s chairman Paul Achleitner and is pushing for him to be replaced, according to three people familiar with the worsening relationship between the US private equity firm and Germany’s biggest bank. Democratic presidential contender Elizabeth Warren’s wealth tax plan is enough to make a grown man cry. Last week, Leon Cooperman aired his grievances in a CNBC interview, shedding a tear as he complained about he and his fellow billionaires being vilified.

  • Financial Times

    Academics accuse Morningstar of misclassifying bond funds

    A group of academic researchers has taken aim at Morningstar, the financial services giant, arguing the company is luring investors into unsuitable products by understating the riskiness of many of the funds it rates. In a recent paper professors Huaizhi Chen, Umit Gurun and Lauren Cohen noted that Morningstar relies on self-reported summaries from US fixed income funds to come up with its scores. By their estimate, about 30 per cent of high- and medium-credit quality funds were given a less risky profile in recent years than they should have received.

  • Morningstar

    Is It Time to Sell These 5 Stocks?

    So much for the October Effect.Stocks have a reputation for declining in October, and no wonder: Some of the market's darkest days, including 1929's Black Tuesday/Thursday and 1987's Black Monday--occurred during that month.

  • Morningstar

    Dennis Lynch: 'Have a Growth Mindset and Be Willing to Learn New Things'

    An accomplished growth investor, Lynch explains how his team seeks to gain an edge, susses out the difference between innovation and mission creep, and applies different frameworks to mitigate biases and ...

  • PR Newswire

    Morningstar Announces Planned Acquisition of Financial Planning Software Provider AdviserLogic

    SYDNEY , Nov. 3, 2019 /PRNewswire/ --  Morningstar Australasia Pty Limited , an Australian subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, announced ...


    The SEC Fix for Conflicts of Interest at Credit-Ratings Firms Has Failed

    Postcrisis plan enabled unsolicited ratings, meant to limit bond issuers’ ability to exert influence over ratings firms. Few, if any, such ratings have been published.

  • Morningstar

    What Do the Top Value Funds Have in Common?

    This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud. Which funds managed to tough out category-topping performance during the last three years when value's overall numbers were at their bleakest since the late 1990s? In the second part , we tapped into Morningstar's manager research team to learn about what they've been hearing from fund managers.

  • Morningstar

    Value Investing: A Deep Dive Into Performance

    This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud. September brought relief to long-suffering value fund managers and their investors, as returns on funds that were targeting winners among cheap stocks and turnaround stories outperformed growth-company funds by a wide margin. While the value-stock rally was dramatic and sudden, it's only been one month since a long drought ended for value funds.

  • Morningstar

    The Payoffs and Penalties of Investing in U.S. Active Funds

    Specifically, we've sought to estimate the potential payoff and penalty associated with active investing across various investment styles before fees. To estimate that payoff and penalty, we compiled the rolling 36-month, pre-fee capital asset pricing model alphas of all U.S. active funds in our database for the period January 2000 through Dec. 31, 2018. From there, we sorted each Morningstar Category's pre-fee alphas from smallest to largest to form a distribution, and then calculated the 25th and 75th percentile alphas.

  • PR Newswire

    Morningstar, Inc. Reports Third-Quarter 2019 Financial Results

    CHICAGO , Oct. 23, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced third-quarter 2019 financial results featuring strong revenue ...

  • Morningstar

    Dana Emery: You're Not Getting a Valuation Discount for Free

    The Dodge & Cox CEO and bond-fund manager on overseeing a fundholder-friendly firm and why she believes in an active approach to fixed-income investing.

  • PR Newswire

    Morningstar Updates Analyst Ratings for 62 of the Nation's Largest 529 College-Savings Plans; Assigns Nine Upgrades, Eight Downgrades

    The 529 college-savings plan industry sees continued improvement on fees, investment lineups, and the construction of age-based portfolios, but stagnant plans are falling behind CHICAGO , Oct. 22, 2019 ...

  • Morningstar

    Using the Ownership Lens to Select Funds

    The previous two columns have discussed the Morningstar Ownership Lens, a new measure born from a 2005 Journal of Finance paper. The latter argument was accompanied by 21 years' worth of history for diversified U.S. equity funds in the Journal of Finance article and an additional 17 years' worth, using the much larger universe of all global mutual funds, in Morningstar's follow-up.

  • PR Newswire

    Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for September 2019

    CHICAGO, Oct. 18, 2019 /PRNewswire/ -- Morningstar, Inc. (MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for September 2019. Overall, passive U.S. equity funds saw $22.9 billion in inflows while active U.S. equity funds had $19.1 billion in outflows.

  • Morningstar

    Predicting Mutual Fund Returns With the Ownership Lens

    Tuesday's column discussed a 2005 academic paper, “Judging Fund Managers by the Company They Keep.” (Journal of Finance 60, by Randolph Cohen, Joshua Coval, and Lubos Pastor.) The study found that sorting U.S. equity funds according to the quality of their portfolio holdings gave better future results than selecting funds based on their past performances. Selecting mutual funds by their portfolios, instead of their performances, improves predictability.

  • PR Newswire

    Morningstar Acquires Cuffelinks and Expands Investment Commentary

    SYDNEY, Oct. 17, 2019 /PRNewswire/ -- Morningstar Australasia Pty Limited, an Australian subsidiary of Morningstar, Inc. (MORN), a leading provider of independent investment research, has acquired Cuffelinks, an independent, privately-owned publisher of investment commentary. As part of the acquisition, Graham Hand and Leisa Bell will join Morningstar. Cuffelinks (now branded as Firstlinks) was co-founded and, prior to the acquisition, solely owned by Hand, a leading market commentator in Australia with a broad network of industry contacts cultivated over his 42-year career in the finance industry.

  • The Morningstar (NASDAQ:MORN) Share Price Has Gained 137%, So Why Not Pay It Some Attention?
    Simply Wall St.

    The Morningstar (NASDAQ:MORN) Share Price Has Gained 137%, So Why Not Pay It Some Attention?

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • Hedge Funds Are Selling Morningstar, Inc. (MORN)
    Insider Monkey

    Hedge Funds Are Selling Morningstar, Inc. (MORN)

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of June 28. The results of that effort will be put on display in this article, as […]

  • Morningstar

    The Best Predictor of Stock-Fund Performance

    In 2005, three academics published a remarkable paper. "Judging Fund Managers by the Company They Keep", by Randolph Cohen, Joshua Coval, and Lubos Pastor, debuted a powerful method of forecasting the future performance of U.S. equity funds. When the authors sorted funds by the paper's new measure, the bucket that contained the lowest-decile funds recorded the single lowest average future alpha, the bucket with the second-lowest decile posted the second-lowest alpha, and so forth.