Morningstar, Inc. (MORN) news stock charts
Morningstar, Inc. (MORN) Investment Summary:
Morningstar is a leading provider of independent investment research to investors around the world. Since our founding in 1984, our mission has been to create great products that help investors reach their financial goals. We offer an extensive line of Internet, software, and print-based products for individual investors, financial advisors, and institutional clients. Our company also provides asset management services for advisors, institutions, and retirement plan participants. In addition to our U.S.-based products and services, we offer local versions of our products designed for investors in Asia, Australia, Canada, Europe, and Japan. Morningstar serves approximately 6.1 million individual investors, 240,000 financial advisors, and 2,400 institutional clients. We have operations in 18 countries and hold minority ownership positions in companies located in three other countries. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f07%2f0001104659-08-016092.html#FIS_BUSINESS"www.morningstar.com
Founded in 1984
MORNINGSTAR INC (MORN:NASDAQ)
LAST $48.45 USD
CHANGE TODAY -0.07 -0.14%
VOLUME 62.0K
As of 5:20 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of MORNINGSTAR INC (MORN)
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OPEN
$48.71
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PREVIOUS CLOSE
$48.52
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DAY HIGH
$48.71
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DAY LOW
$48.24
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52 WEEK HIGH
10/26/09 - $54.75
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52 WEEK LOW
04/6/09 - $30.37
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MARKET CAP
2.4B
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AVERAGE VOLUME 10 D
120.5K
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EPS TTM
$1.76
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SHARES OUTSTANDING
48.8M
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MORN Does Not Pay Dividends
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P/E TTM
27.5x
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| K = Thousands M = Millions B = Billions | ||
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Key developments for MORNINGSTAR INC (MORN)
Morningstar Inc. Presents at 2nd Annual Technology Tools of the Trade: Demos & Training Conference, Mar-25-2010
03/12/2010
Morningstar Inc. Presents at 2nd Annual Technology Tools of the Trade: Demos & Training Conference, Mar-25-2010. Venue: 1540 Broadway, Suite 1010, NY 10036, New York, United States.
Morningstar Inc. Presents at First Healthcare Conference, Mar-04-2010
02/22/2010
Morningstar Inc. Presents at First Healthcare Conference, Mar-04-2010. Venue: 1540 Broadway, 10th Floor, NYC, New York, NY 10036, United States. Speakers: Heather Brilliant CFA, Director of Securities Research.
Morningstar Inc. Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2009; Provides Capital Expenditure Guidance for the Year 2010
02/18/2010
Morningstar Inc. reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported consolidated revenue of $122.6 million, a 2.8% increase from $119.3 million in the fourth quarter of 2008. Consolidated operating income was $24.3 million, a decrease of 15.2% compared with $28.7 million in the same period a year ago. Net income was $14.4 million or 29 cents per diluted share compared with $19.3 million or 39 cents per diluted share in the fourth quarter of 2008. Income before income taxes and equity in net income of unconsolidated entities was $23.96 million compared to $28.68 million for the same period a year ago. Cash provided by operating activities was $28.85 million compared to $54.08 million for the same period a year ago. Capital expenditures were $2.09 million compared to $19.23 million for the same period a year ago. For the year ended December 31, 2009, the company reported revenue was $479.0 million, a decline of 4.7% compared with $502.5 million in 2008. Consolidated operating income declined 9.9% to $125.3 million compared with $139.1 million in 2008. Net income was $82.5 million or $1.66 per diluted share in 2009, down from $92.5 million, or $1.88 per diluted share, in 2008. Income before income taxes and equity in net income of unconsolidated entities was $128.25 million compared to $143.37 million for the same period a year ago. Cash provided by operating activities was $96.18 million compared to $152.45 million for the same period a year ago. Capital expenditures were $12.37 million compared to $48.52 million for the same period a year ago. The company anticipates making capital expenditures of approximately $16 million during 2010, primarily for leasehold improvements and computer equipment.
Morningstar, Inc. financial resources
MORN Competitors
| Company | Last | Change |
| Advent Software Inc | $44.38 USD | -0.39 |
| Factset Research Systems Inc | $75.05 USD | -1.12 |
| Interactive Data Corp | $32.13 USD | +0.25 |
| optionsXpress Holdings Inc | $16.55 USD | -0.32 |
| Zoran Corp | $10.99 USD | -0.09 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | MORN | Industry Range |
| Price/Earnings | 29.3x |
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| Price/Sales | 4.9x |
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| Price/Book | 3.5x |
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| Price/Cash Flow | 20.7x |
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| TEV/Sales | 4.2x |
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MORN |
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MORN transactions
| Type Date |
Target |
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Merger/Acquisition
February 9, 2010 |
Financial Fineprint Inc. |
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Merger/Acquisition
December 11, 2009 |
Logical Information Machines, Inc. |
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Merger/Acquisition
October 20, 2009 |
Morningstar Korea Co., Ltd |
More Recent Financial News About Morningstar, Inc.
Morningstar Announces Findings From 2010 Target-Date Series Industry Survey
2010-03-17 02:28:00
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on nearly 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, ...Read article
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through February 2010
2010-03-17 02:27:59
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, in...Read article
Morningstar Announces Findings From 2010 Target-Date Series Industry Survey
2010-03-16 01:12:32
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on nearly 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, ...Read article
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through February 2010
2010-03-16 01:12:31
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, in...Read article
MORNINGSTAR, INC. Files SEC form 8-K, Regulation FD Disclosure
2010-03-08 02:32:20
Quote: Item 7.01.Regulation FD Disclosure.
The following information is included in this Current Report on Form 8-K as a
result of Morningstar, Inc.'s policy regarding public disclosure of corporate
information. Answers to additional inquiries, if any, that comply with this
policy are scheduled to become available on April 5, 2010.
Caution Concerning Forward-Looking Statements
This current report on Form 8-K contains forward-looking statements as that term
is used in the Private Securities Litigatio...Read article
Golden Performance for Canadian Equity Funds in February, Morningstar Canada Data Show
2010-03-04 08:15:17
Quote: is a Canadian subsidiary of Chicago-based
Morningstar, Inc., a leading provider of independent investment research in
North America, Europe, Australia, and Asia. The company offers an extensive
line of Internet, software, and print-based products and services for
individuals, financial advisors, and institutions. Morningstar provides data
on nearly 400,000 investment offerings, including stocks, mutual funds, and
similar vehicles, along with real-time global market data on more than 4
million eq...Read article
Golden Performance for Canadian Equity Funds in February, Morningstar Canada Data Show
2010-03-02 08:47:36
Quote: is a Canadian subsidiary of Chicago-based
Morningstar, Inc., a leading provider of independent investment research in
North America, Europe, Australia, and Asia. The company offers an extensive
line of Internet, software, and print-based products and services for
individuals, financial advisors, and institutions. Morningstar provides data
on nearly 400,000 investment offerings, including stocks, mutual funds, and
similar vehicles, along with real-time global market data on more than 4
million eq...Read article
MORNINGSTAR, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal
2010-02-19 04:42:03
Quote: Item 5.02.Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(e) On February 18, 2010, Morningstar and its Chief Operating Officer, Tao Huang
entered into an agreement that provides for a payment of $3,715,876 from
Morningstar to Tao.This payment is to be made in connection with certain stock
options that Morningstar, pursuant to its equity compensation plans, previously
granted to Tao.Morningstar i...Read article
Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2009 Financial Results
2010-02-19 04:42:03
Quote: Morningstar, Inc.Investor Relations22 W. Washington StreetChicago, IL 60602Morningstar will make written responses to selected inquiries available to all investors at the same time in Form 8-Ks furnished to the Securities and Exchange Commission, generally on the first Friday of every month.Annual MeetingInvestors are invited to attend Morningstar's annual meeting at 9 a.m. on Tuesday, May 18, 2010, at its corporate headquarters at 22 W. Washington Street in Chicago. If you are interested in att...Read article
UPDATE - Morningstar quarterly income falls on options cost
2010-02-19 04:42:02
Keywords: Financials,United States of America,Corporate Results,Business activities,Company News item,Economic news, EC, business/financial pages,
Quote: In an interview, Morningstar Chief Executive Joe Mansueto
said the expense would largely be offset by a tax benefit, and
the company does not expect regulatory problems since the issue
was caught internally during a tax review. Morningstar won't give future earnings guidance, but he
noted the return of investor money to some mutual funds and
rising stock market indexes compared with last year. "Both things are creating a healthier investment industry,
and both things are good for Morningstar," M...Read article
Active Managers' Market-Beating Claims Debunked
2010-02-17 03:06:59
Keywords: mutual funds, active management, indexer, ferri, morningstar
Quote: Morningstar, Inc.(MORN -news-people) publishes the Box Score, which compares active managers to their appropriate popular Morningstar Style Boxes. Both reports are interesting reads. Not surprisingly, both the SPIVA and the Box Score show that the average active manager has not kept pace with the appropriate indexes. In every SPIVA and Box Score update, there appeared to be a few styles where active managers did better than their benchmarks, and that caught my interest. Ironically, active manage...Read article
Morningstar Acquires Footnoted.org
2010-02-16 03:45:02
Quote: 9 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it has acquired the Footnoted business of Financial Fineprint Inc., a privately held firm based in Peekskill, N.Y.Footnoted.org website and the Footnoted Pro service. Terms were not disclosed.Footnoted.org was founded in 2003 by Michelle Leder, author and journalist. Footnoted's research staff pores over hundreds of SEC filings a day to unearth critical information...Read article
Morningstar and NYSSA to Host Healthcare Conference in New York on March 4
2010-02-16 03:45:01
Quote: 11 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, and the New York Society of Security Analysts (NYSSA) will hold their first Healthcare Conference in New York City on March 4, 2010. Morningstar equity analysts and healthcare industry executives will come together to discuss the outlook for the industry."Our first healthcare conference is an opportunity to bring institutional investors and analysts together with healthcare indus...Read article
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through January 2010
2010-02-16 03:45:00
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 325,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexe...Read article
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through January 2010
2010-02-15 04:42:16
Quote: About Morningstar, Inc.Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 325,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexe...Read article
Morningstar and NYSSA to Host Healthcare Conference in New York on March 4
2010-02-12 03:35:27
Quote: 11 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, and the New York Society of Security Analysts (NYSSA) will hold their first Healthcare Conference in New York City on March 4, 2010. Morningstar equity analysts and healthcare industry executives will come together to discuss the outlook for the industry."Our first healthcare conference is an opportunity to bring institutional investors and analysts together with healthcare indus...Read article
MORNINGSTAR, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2010-02-11 03:24:42
Quote: MORNINGSTAR, INC.Request a Trial to NEW EDGAR Online Pro
Form
8-K for
MORNINGSTAR, INC.
10-Feb-2010Other Events, Financial Statements and Exhibits
Privacy PolicyTerms of ServiceSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
or delays, or for any acti...Read article
Morningstar Acquires Footnoted.org
2010-02-10 03:26:04
Quote: 9 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it has acquired the Footnoted business of Financial Fineprint Inc., a privately held firm based in Peekskill, N.Y.Footnoted.org website and the Footnoted Pro service. Terms were not disclosed.Footnoted.org was founded in 2003 by Michelle Leder, author and journalist. Footnoted's research staff pores over hundreds of SEC filings a day to unearth critical information...Read article
UPDATE - Footnoted.org expands after Morningstar deal
2010-02-10 03:26:03
Keywords: Fund management and asset allocation,Financials,United States of America,Media (industry),Canada,Mergers and Acquisitions (including Changes of Ownership),U.S. corporate debt,Debt,Business activities,Contract between 2 or more corporate entities,Credit Ma
Quote: UPDATE 3-Footnoted.org expands after Morningstar deal
* Footnoted blog to add staff, expand coverage * Morningstar.com to run some stories to boost traffic * Terms of acquisition not disclosed (Adds hedge fund manager comment)Aaron Pressman BOSTON, Feb 9 (Reuters) - Popular financial blogger
Michelle Leder, who helped uncover numerous corporate
shenanigans buried in securities filings, said she will expand
her website, Footnoted.org, after joining Morningstar Inc
(MORN.O) this month. Investment...Read article
MORNINGSTAR, INC. Files SEC form 8-K, Regulation FD Disclosure
2010-02-08 03:20:13
Quote: Item 7.01.Regulation FD Disclosure.
The following information is included in this Current Report on Form 8-K as a
result of Morningstar, Inc.'s policy regarding public disclosure of corporate
information. Answers to additional inquiries, if any, that comply with this
policy are scheduled to become available on March 5, 2010.
Caution Concerning Forward-Looking Statements
This current report on Form 8-K contains forward-looking statements as that term
is used in the Private Securities Litigatio...Read article
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