Is MORN a good stock to buy right now?

Based on our 6-factor quantitative model, Morningstar, Inc. (MORN) receives a "Hold" rating with a composite score of 50.7/100. It is ranked #1,661 out of 4,446 stocks. Key factor scores: Quality 78/100, Value 68/100, Momentum 22/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for MORN?

Morningstar, Inc. (MORN) has a "Hold" rating and 3-star score. The composite score of 50.7 ranks it #1,661 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is MORN in?

Morningstar, Inc. operates in the Financials sector (Trading industry) with a market cap of $6.54 billion. It is classified as a mid-cap stock.

Does MORN pay a dividend?

Yes, MORN pays a dividend with a current yield of 0.76%. The Financials sector average yield is 2.48%. For every $1,000 invested, you would receive approximately $7.60 in annual dividend income.

What is MORN's P/E ratio?

MORN has a trailing P/E ratio of 17.96x. The Financials sector average is 14.9x. This P/E is in a moderate range relative to the broader market.

How profitable is MORN?

MORN's quality factor score is 78/100. Gross margin: 61.0%. ROE: 31.0% vs sector average 8.5%. High margins suggest pricing power and competitive moats.

How is MORN valued compared to peers?

MORN's value factor score is 68/100 (higher = cheaper). Key multiples: P/E 18.0x, EV/EBITDA 14.1x. The stock appears attractively valued versus peers.

What is MORN's debt level?

MORN's debt-to-equity ratio is 194%. Sector average: 121%. Elevated leverage increases credit risk.

MORN has a beta of 0.81, meaning it tracks the market. Stability score: 65/100.

Does MORN have high short interest?

MORN's short interest factor score is 23/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

MORN Stock Analysis: Top Mid-Cap Hold (Score 50.7/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
MORN	-1.62%	-2.86%	-8.88%	-22.70%	-37.95%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-1.56%	-6.46%	-9.22%	-22.34%	-67.47%	-	-	-
Alpha vs Sector	-0.53%	-5.36%	-10.30%	-15.40%	-48.54%	-	-	-

Metric	MORN	Benchmark
P/E Ratio	18.0x	+21%
EV/EBITDA	14.1x	+333%
Price / Book	5.6x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	8.9x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	10.4x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.7x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.7x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	12.8x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.0x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	9.8x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	12.8x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
MORN Morningstar, Inc.	51	78	68	22	18.0x	31.0%	61.0%	16.0%	8.0%	194.0x	$6.5B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%
Operating Margin %	0.2%	0.2%	0.2%	0.1%	0.1%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%
EBITDA Margin %	0.2%	0.2%	0.3%	0.1%	0.1%	0.2%	0.3%	0.3%	0.3%	0.3%	0.4%
Net Margin %	0.2%	0.2%	0.2%	0.1%	0.0%	0.1%	0.2%	0.1%	0.2%	0.2%	0.2%
FCF Margin %	2.2%	-	19.7%	-	-	-	22.1%	21.6%	23.4%	20.1%	18.9%
ROE %	0.3%	0.3%	0.2%	0.1%	0.1%	0.1%	0.2%	-	0.2%	0.2%	0.2%
ROA %	0.1%	0.1%	0.1%	0.0%	0.0%	0.1%	0.1%	-39.9%	0.1%	0.1%	0.1%
ROIC %	23.9%	34.0%	21.1%	13.7%	11.0%	14.3%	13.1%	29.2%	26.8%	19.8%	20.8%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.6%

Operating Margin %

0.2%

0.1%

0.2%

EBITDA Margin %

0.2%

0.3%

0.1%

0.2%

0.3%

0.4%

Net Margin %

0.2%

0.1%

0.0%

0.1%

0.2%

0.1%

0.2%

FCF Margin %

2.2%

19.7%

22.1%

21.6%

23.4%

20.1%

18.9%

ROE %

0.3%

0.2%

0.1%

0.2%

ROA %

0.1%

0.0%

0.1%

-39.9%

0.1%

ROIC %

23.9%

34.0%

21.1%

13.7%

11.0%

14.3%

13.1%

29.2%

26.8%

19.8%

20.8%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$2.4B	$2.4B	$2.3B	$2.0B	$1.9B	$1.7B	$1.4B	$1.2B	$1.0B	$912M	$799M	$789M
	—	$953M	—	$844M	$779M	$698M	—	—	—	—	—	—
	$1.4B	$1.5B	$1.4B	$1.2B	$1.1B	$1.0B	$833M	$696M	$609M	$525M	$454M	$459M
Gross Margin	61.0%	61.0%	60.6%	58.6%	58.3%	58.9%	60.0%	59.0%	59.7%	57.6%	56.9%	58.1%
	—	—	$190M	—	—	—	$140M	$118M	$97M	$91M	$71M	$64M
Total Operating Expenses	—	$966M	—	$965M	$924M	$744M	—	—	—	—	—	—
	$483M	$527M	$485M	$231M	$168M	$257M	$215M	$190M	$216M	$170M	$181M	$191M
EBIT	$483M	$527M	$485M	$231M	$168M	$257M	$215M	$190M	$216M	$170M	$181M	$191M
EBITDA	$483M	$527M	$716M	$231M	$168M	$257M	$400M	$304M	$326M	$276M	$295M	$257M
Operating Margin	20.3%	21.5%	21.3%	11.3%	9.0%	15.1%	15.5%	16.1%	21.2%	18.6%	22.6%	24.2%
EBITDA Margin	20.3%	21.5%	31.5%	11.3%	9.0%	15.1%	28.8%	25.8%	31.9%	30.3%	37.0%	32.6%
	—	$496M	—	$182M	$131M	$251M	—	—	—	—	—	—
Income Tax Expense	—	$122M	$104M	$33M	$57M	$63M	$60M	$46M	$48M	$43M	$64M	$63M
	$379M	$374M	$370M	$141M	$71M	$193M	$224M	$152M	$183M	$137M	$161M	$133M
Net Margin	16.0%	15.3%	16.3%	6.9%	3.8%	11.4%	16.1%	12.9%	17.9%	15.0%	20.2%	16.8%
	$8.93	$8.93	$8.64	$3.31	$1.65	$4.50	$5.22	$3.56	$4.30	$3.21	$3.74	$3.00
Diluted EPS	$8.93	$8.87	$8.64	$3.29	$1.64	$4.45	$5.22	$3.56	$4.30	$3.21	$3.74	$3.00
Weighted Avg Basic	—	42M	—	43M	43M	43M	—	—	—	—	—	—
Weighted Avg Diluted	—	42M	—	43M	43M	43M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$2.4B

$2.3B

$2.0B

$1.9B

$1.7B

$1.4B

$1.2B

$1.0B

$912M

$799M

$789M

—

$953M

—

$844M

$779M

$698M

—

$1.4B

$1.5B

$1.4B

$1.2B

$1.1B

$1.0B

$833M

$696M

$609M

$525M

$454M

$459M

Gross Margin

61.0%

60.6%

58.6%

58.3%

58.9%

60.0%

59.0%

59.7%

57.6%

56.9%

58.1%

—

$190M

—

$140M

$118M

$97M

$91M

$71M

$64M

Total Operating Expenses

—

$966M

—

$965M

$924M

$744M

—

$483M

$527M

$485M

$231M

$168M

$257M

$215M

$190M

$216M

$170M

$181M

$191M

EBIT

$483M

$527M

$485M

$231M

$168M

$257M

$215M

$190M

$216M

$170M

$181M

$191M

EBITDA

$483M

$527M

$716M

$231M

$168M

$257M

$400M

$304M

$326M

$276M

$295M

$257M

Operating Margin

20.3%

21.5%

21.3%

11.3%

9.0%

15.1%

15.5%

16.1%

21.2%

18.6%

22.6%

24.2%

EBITDA Margin

20.3%

21.5%

31.5%

11.3%

9.0%

15.1%

28.8%

25.8%

31.9%

30.3%

37.0%

32.6%

—

$496M

—

$182M

$131M

$251M

—

Income Tax Expense

—

$122M

$104M

$33M

$57M

$63M

$60M

$46M

$48M

$43M

$64M

$63M

$379M

$374M

$370M

$141M

$71M

$193M

$224M

$152M

$183M

$137M

$161M

$133M

Net Margin

16.0%

15.3%

16.3%

6.9%

3.8%

11.4%

16.1%

12.9%

17.9%

15.0%

20.2%

16.8%

$8.93

$8.64

$3.31

$1.65

$4.50

$5.22

$3.56

$4.30

$3.21

$3.74

$3.00

Diluted EPS

$8.93

$8.87

$8.64

$3.29

$1.64

$4.45

$5.22

$3.56

$4.30

$3.21

$3.74

$3.00

Weighted Avg Basic

—

42M

—

43M

—

Weighted Avg Diluted

—

42M

—

43M

—

Morningstar, Inc. (MORN) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Morningstar, Inc. Do?

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. Morningstar, Inc. (MORN) is classified as a mid-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Kunal Kapoor and employs approximately 12,200 people, headquartered in CHICAGO, Illinois. With a market capitalization of $6.5B, MORN is one of the notable companies in the Financials sector.

Morningstar, Inc. (MORN) Stock Rating — Hold (April 2026)

As of April 2026, Morningstar, Inc. receives a Hold rating with a composite score of 50.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MORN ranks #1,661 out of 4,446 stocks in our coverage universe. Within the Financials sector, Morningstar, Inc. ranks #506 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MORN Stock Price and 52-Week Range

Morningstar, Inc. (MORN) currently trades at $167.97. The stock lost $2.77 (1.6%) in the most recent trading session. The 52-week high for MORN is $316.71, which means the stock is currently trading -47.0% from its annual peak. The 52-week low is $149.08, putting the stock 12.7% above its annual trough. Recent trading volume was 424K shares, suggesting relatively thin trading activity.

Is MORN Overvalued or Undervalued? — Valuation Analysis

Morningstar, Inc. (MORN) carries a value factor score of 68/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 17.96x, compared to the Financials sector average of 14.88x — a premium of 21%. The price-to-book ratio stands at 5.57x, versus the sector average of 1.22x. The price-to-sales ratio is 2.87x, compared to 0.90x for the average Financials stock. On an enterprise value basis, MORN trades at 14.10x EV/EBITDA, versus 3.26x for the sector.

Overall, MORN's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Morningstar, Inc. Profitability — ROE, Margins, and Quality Score

Morningstar, Inc. (MORN) earns a quality factor score of 78/100, reflecting elite profitability and capital efficiency that places it among the highest-quality businesses in the market. The return on equity (ROE) is 31.0%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 10.5% versus the sector average of 1.2%.

On a margin basis, Morningstar, Inc. reports gross margins of 61.0%. The operating margin is 20.3% (sector: 21.8%). Net profit margin stands at 16.0%, versus 17.7% for the average Financials stock. Revenue growth is running at 8.0% on a trailing basis, compared to 9.4% for the sector. These metrics collectively paint a picture of a highly profitable business with durable competitive advantages.

MORN Debt, Balance Sheet, and Financial Health

Morningstar, Inc. has a debt-to-equity ratio of 194.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.99x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $849M. Cash and equivalents stand at $474M.

MORN has a beta of 0.81, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Morningstar, Inc. is 65/100, reflecting average volatility within the normal range for its sector.

Morningstar, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Morningstar, Inc. reported revenue of $2.37B and earnings per share (EPS) of $8.93. Net income for the quarter was $379M. Gross margin was 61.0%. Operating income came in at $483M.

In FY 2025, Morningstar, Inc. reported revenue of $2.45B and earnings per share (EPS) of $8.93. Net income for the quarter was $374M. Gross margin was 61.0%. Revenue grew 7.5% year-over-year compared to FY 2024. Operating income came in at $527M.

In Q3 2025, Morningstar, Inc. reported revenue of $617M and earnings per share (EPS) of $2.18. Net income for the quarter was $92M. Gross margin was 60.9%. Revenue grew 8.4% year-over-year compared to Q3 2024. Operating income came in at $128M.

In Q2 2025, Morningstar, Inc. reported revenue of $605M and earnings per share (EPS) of $2.11. Net income for the quarter was $89M. Gross margin was 61.9%. Revenue grew 5.8% year-over-year compared to Q2 2024. Operating income came in at $125M.

Over the past 8 quarters, Morningstar, Inc. has demonstrated a growth trajectory, with revenue expanding from $572M to $2.37B. Investors analyzing MORN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MORN Dividend Yield and Income Analysis

Morningstar, Inc. (MORN) currently pays a dividend yield of 0.8%. At this yield, a $10,000 investment in MORN stock would generate approximately $$76.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning MORN yields less than the typical sector peer. With a net margin of 16.0%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

MORN Momentum and Technical Analysis Profile

Morningstar, Inc. (MORN) has a momentum factor score of 22/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 23/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

MORN vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, Morningstar, Inc. (MORN) ranks #506 out of 891 stocks based on the Blank Capital composite score. This places MORN in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing MORN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MORN vs S&P 500 (SPY) comparison to assess how Morningstar, Inc. stacks up against the broader market across all factor dimensions.

MORN Next Earnings Date

No upcoming earnings date has been announced for Morningstar, Inc. (MORN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MORN? — Investment Thesis Summary

Morningstar, Inc. presents a balanced picture with arguments on both sides. The quality score of 78/100 indicates above-average profitability and business fundamentals. The value score of 68/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 22/100, a headwind for near-term performance. Low volatility (stability score 65/100) reduces downside risk.

In summary, Morningstar, Inc. (MORN) earns a Hold rating with a composite score of 50.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MORN stock.

Related Resources for MORN Investors

Explore more research and tools: MORN vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MORN head-to-head with peers: MORN vs WTM, MORN vs OPY, MORN vs ACT.

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Morningstar, Inc. (MORN) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Morningstar, Inc. Do?

Morningstar, Inc. (MORN) Stock Rating — Hold (April 2026)

MORN Stock Price and 52-Week Range

Is MORN Overvalued or Undervalued? — Valuation Analysis

Morningstar, Inc. Profitability — ROE, Margins, and Quality Score

MORN Debt, Balance Sheet, and Financial Health

Morningstar, Inc. Revenue and Earnings History — Quarterly Trend

MORN Dividend Yield and Income Analysis

MORN Momentum and Technical Analysis Profile

MORN vs Competitors — Financials Sector Ranking and Peer Comparison

MORN Next Earnings Date

Should You Buy MORN? — Investment Thesis Summary

Related Resources for MORN Investors

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