Morningstar Future Growth

NasdaqGS:MORN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,613	360	451	622	2
12/31/2025	2,405	299	457	616	2
12/31/2024	2,239	268	390	518	1
6/30/2024	2,169	246	390	515	N/A
3/31/2024	2,102	213	263	387	N/A
12/31/2023	2,039	141	197	316	N/A
9/30/2023	1,975	71	157	282	N/A
6/30/2023	1,928	23	124	254	N/A
3/31/2023	1,893	17	167	298	N/A
12/31/2022	1,871	71	168	298	N/A
9/30/2022	1,858	124	207	330	N/A
6/30/2022	1,819	182	231	351	N/A
3/31/2022	1,764	185	302	409	N/A
12/31/2021	1,699	193	348	450	N/A
9/30/2021	1,618	212	335	429	N/A
6/30/2021	1,546	239	313	399	N/A
3/31/2021	1,458	255	316	400	N/A
12/31/2020	1,390	224	308	384	N/A
9/30/2020	1,342	176	275	352	N/A
6/30/2020	1,298	149	289	365	N/A
3/31/2020	1,244	143	248	324	N/A
12/31/2019	1,179	152	254	334	N/A
9/30/2019	1,109	167	279	357	N/A
6/30/2019	1,057	175	254	331	N/A
3/31/2019	1,035	174	237	314	N/A
12/31/2018	1,020	183	239	315	N/A
9/30/2018	1,000	180	220	295	N/A
6/30/2018	969	157	209	278	N/A
3/31/2018	946	161	N/A	264	N/A
12/31/2017	912	137	N/A	250	N/A
9/30/2017	881	168	N/A	235	N/A
6/30/2017	847	165	N/A	233	N/A
3/31/2017	816	150	N/A	249	N/A
12/31/2016	799	161	N/A	214	N/A
9/30/2016	788	128	N/A	196	N/A
6/30/2016	787	131	N/A	211	N/A
3/31/2016	791	132	N/A	218	N/A
12/31/2015	789	133	N/A	242	N/A
9/30/2015	784	127	N/A	246	N/A
6/30/2015	781	124	N/A	179	N/A
3/31/2015	769	82	N/A	155	N/A
12/31/2014	760	78	N/A	137	N/A
9/30/2014	744	78	N/A	130	N/A
6/30/2014	725	79	N/A	168	N/A
3/31/2014	711	120	N/A	172	N/A
12/31/2013	698	124	N/A	187	N/A
9/30/2013	688	120	N/A	186	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MORN's forecast earnings growth (15.1% per year) is above the savings rate (2.5%).

Earnings vs Market: MORN's earnings (15.1% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: MORN's earnings are forecast to grow, but not significantly.

Revenue vs Market: MORN's revenue (7% per year) is forecast to grow slower than the US market (8.7% per year).

High Growth Revenue: MORN's revenue (7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MORN's Return on Equity is forecast to be high in 3 years time

Morningstar Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Morningstar, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Consensus EPS estimates increase by 20%

Price target increased by 42% to US$320

Consensus EPS estimates fall by 21%

Price target increased by 9.8% to US$225

Recent updates

Morningstar Stock: Perpetually Overvalued

Second quarter dividend of US$0.41 announced

Morningstar, Inc. Declares Quarterly Dividend, October 31, 2024

Key Executive notifies of intention to sell stock

New minor risk - Insider selling

Morningstar Retirement Launches New Morningstar Model of US Retirement Outcomes

Second quarter 2024 earnings released: EPS: US$1.61 (vs US$0.85 in 2Q 2023)

New major risk - Revenue and earnings growth

Morningstar: Still Holding Up Well, But No Investment

Upcoming dividend of US$0.41 per share

Chief Financial Officer notifies of intention to sell stock

Morningstar, Inc. to Report Q2, 2024 Results on Jul 24, 2024

First quarter dividend of US$0.41 announced

Morningstar, Inc. Declares Quarterly Dividend, Payable on July 31, 2024

Morningstar, Inc. (NASDAQ:MORN) Not Lagging Industry On Growth Or Pricing

CEO & Director exercised options and sold US$1.7m worth of stock

Key Executive notifies of intention to sell stock

First quarter 2024 earnings released: EPS: US$1.50 (vs US$0.18 loss in 1Q 2023)

Morningstar, Inc., Annual General Meeting, May 10, 2024

Morningstar, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Fourth quarter dividend of US$0.41 announced

Morningstar, Inc. Declares Quarterly Dividend, Payable on April 30, 2024

Morningstar, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Full year 2023 earnings: EPS exceeds analyst expectations

Morningstar: Watching Out For Q4 Earnings

Morningstar Appoints Shihan Abeyguna as Managing Director, South-East Asia

Key Executive notifies of intention to sell stock

Morningstar, Inc. to Report Q4, 2023 Results on Feb 22, 2024

The Price Is Right For Morningstar, Inc. (NASDAQ:MORN)

Kimberly McGarry, Chief Accounting Officer (Principal Accounting Officer) of Morningstar, Inc. to Depart, Effective January 19, 2024

Upcoming dividend of US$0.41 per share at 0.5% yield

Morningstar, Inc. Announces Launch of Direct Web Service

Morningstar, Inc. Declares Quarterly Dividend Payable on Jan. 31, 2024

Key Executive notifies of intention to sell stock

Consensus EPS estimates increase by 20%

Price target increased by 42% to US$320

Third quarter 2023 earnings released: EPS: US$0.92 (vs US$0.21 loss in 3Q 2022)

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.38 per share at 0.6% yield

Morningstar, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Morningstar, Inc. Declares Quarterly Dividend, Payable on October 31, 2023

New minor risk - Insider selling

Consensus EPS estimates fall by 21%

Price target increased by 9.8% to US$225

Upcoming dividend of US$0.38 per share at 0.8% yield

Morningstar, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Morningstar, Inc.(NasdaqGS:MORN) dropped from Russell 1000 Value-Defensive Index

Morningstar, Inc. Declares Quarterly Dividend, Payable on April 28, 2023

Key Executive notifies of intention to sell stock

Independent Director recently sold US$125k worth of stock

Independent Director notifies of intention to sell stock

Mo, an AI Chatbot Powered by Morningstar Intelligence Engine, Debuts in Morningstar Platforms

First quarter 2023 earnings released: US$0.18 loss per share (vs US$1.07 profit in 1Q 2022)

Upcoming dividend of US$0.38 per share at 0.8% yield

Full year 2022 earnings: EPS misses analyst expectations

Key Executive notifies of intention to sell stock

Sbi Global Asset Management Co., Ltd. agreed to acquire 11.15% stake in Morningstar Japan K.K. (TSE:4765) from Morningstar, Inc. (NasdaqGS:MORN) for ¥439 yen per share.

Morningstar, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Insufficient new directors

Upcoming dividend of US$0.38 per share

Morningstar, Inc. Launches New Research Portal for Financial Advisors, with Independent Research and Insights At Center

Morningstar, Inc. Declares Quarterly Dividend

Insider recently sold US$2.4m worth of stock

Key Executive notifies of intention to sell stock

Morningstar, Inc. Introduces Morningstar PitchBook Global Unicorn Indexes

Morningstar, Inc. Launches Direct Indexing Combining Market-Leading Technology and Investment Management

Third quarter 2022 earnings released: US$0.21 loss per share (vs US$1.14 profit in 3Q 2021)

Morningstar, Inc. Declares Quarterly Dividend, Payable on October 31, 2022

Morningstar declares $0.36 dividend

Morningstar, Inc. to Report Q3, 2022 Results on Oct 26, 2022