Morningstar (NASDAQ:MORN – Get Free Report) posted its earnings results on Wednesday. The business services provider reported $2.01 EPS for the quarter, Zacks reports. The company had revenue of $571.90 million for the quarter. Morningstar had a return on equity of 22.83% and a net margin of 11.34%.
Morningstar Price Performance
Shares of MORN stock traded up $2.91 during trading on Friday, hitting $325.58. The company had a trading volume of 52,603 shares, compared to its average volume of 118,613. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $13.92 billion, a P/E ratio of 65.29 and a beta of 1.17. The stock’s 50-day moving average price is $297.01 and its 200 day moving average price is $294.12. Morningstar has a one year low of $213.38 and a one year high of $330.22.
Morningstar Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 12th will be paid a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Friday, July 12th. Morningstar’s dividend payout ratio (DPR) is currently 32.73%.
Insider Activity at Morningstar
Morningstar Company Profile
Morningstar, Inc provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement.
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