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Morningstar Inc - MORN STOCK NEWS

Welcome to our dedicated news page for Morningstar (Ticker: MORN), a resource for investors and traders seeking the latest updates and insights on Morningstar.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Morningstar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Morningstar's position in the market.

News
Morningstar, Inc. Reports First-Quarter 2024 Financial Results
Rhea-AI Summary
Morningstar, Inc. reported strong first-quarter 2024 financial results with a 13.2% revenue growth to $542.8 million, operating income increase to $92.6 million, and adjusted diluted net income per share rising to $1.73. The Company's various segments, including Morningstar Data and Analytics, PitchBook, Morningstar Wealth, Morningstar Credit, Morningstar Retirement, and Corporate and All Other, all showed positive revenue growth and adjusted operating income increases. Cash provided by operating activities increased by 300.0% to $93.6 million, and free cash flow improved to $59.5 million. Despite the overall positive performance, Morningstar's 2024 Annual Meeting of Shareholders will be held on May 10, 2024, in Chicago.
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New Morningstar Report Sheds Light on Rapid Expansion of Active ETFs
Rhea-AI Summary
Morningstar's latest report highlights the rapid growth of active ETFs, with a 20% annual surge since 2019, reaching a market share of 8.5%. The report explores the advantages and challenges of active ETFs, showcasing how they offer a cost-effective and tax-efficient approach to active management for investors. However, it also emphasizes the long-term risks associated with active investments. The growth of active ETFs can be attributed to regulatory changes, product developments, and market events, making them a promising opportunity for investors and active managers amidst outflows in active mutual funds. The report also covers the cost savings of active ETFs compared to mutual funds, the leading issuers and funds in the space, and the different approaches asset managers can take in launching and managing active ETFs.
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Morningstar Publishes Fourth Annual Corporate Sustainability Report
Rhea-AI Summary
Morningstar enhances transparency by addressing racial and gender-adjusted pay gaps and disclosing climate-related risks in their latest sustainability reports.
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Morningstar Report Reveals Collective-Investment Trusts Poised to Overtake Mutual Funds in Target-Date Strategies in 2024
Rhea-AI Summary
Morningstar's annual Target-Date Strategy Landscape Report reveals a $156 billion net inflow into target-date strategies in 2023, with a record high of $3.5 trillion in assets. Low fees and research-driven glide paths make target-dates attractive for retirement savings, with CITs gaining popularity over mutual funds.
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Morningstar, Inc. to Announce First-Quarter 2024 Financial Results on April 24
Rhea-AI Summary
Morningstar, Inc. (MORN) will release its Q1 2024 financial results on April 24, 2024, without analyst conference calls. Investors can email questions to investors@morningstar.com.
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0.75%
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Morningstar Introduces Low Carbon Transition Leaders Indexes
Rhea-AI Summary
Morningstar, Inc. launches the Morningstar Low Carbon Transition Leaders Indexes in collaboration with Sustainalytics and Indexes businesses. These indexes aim to provide diversified exposure to companies leading in climate transition readiness and action towards a low-carbon economy.
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Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
Rhea-AI Summary
Morningstar, Inc. (MORN) declares a quarterly dividend of 40.5 cents per share, maintaining consistency with the previous dividend. The dividend will be paid on April 30, 2024, to shareholders of record as of April 5, 2024.
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Morningstar Announces Agenda for 2024 Morningstar Investment Conference
Rhea-AI Summary
Morningstar, Inc. announces its 36th annual investment conference at Navy Pier in Chicago, featuring industry leaders like Ian Bremmer and Zack Kass. The event will focus on AI in advisory practices, fraud prevention, and the evolution of wealth management.
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Morningstar Indexes Selected by IMX Health for First Healthcare Futures Exchange Product Offering
Rhea-AI Summary
Morningstar, Inc. partners with IMX Health to launch the first index-based futures product using the Morningstar US Healthcare Index, catering to the healthcare industry's risk management needs and expanding market opportunities.
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Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2023 Financial Results
Rhea-AI Summary
Morningstar, Inc. (MORN) reports double-digit revenue growth in the fourth quarter and full year of 2023. The company achieved positive revenue growth, strong margins, and cash flow. Key highlights include revenue crossing $2 billion for the fiscal year, substantial progress in various initiatives, and the introduction of new products. Fourth-quarter revenue increased by 13.4% to $538.7 million, with organic revenue up by 12.6%. Full-year revenue increased by 9.0% to $2.0 billion, with organic revenue up by 7.5%. Operating income, net income, and cash flow also showed significant increases.
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8%
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Morningstar Inc

Nasdaq:MORN

MORN Rankings

#701 Ranked by Market Cap
#1756 Ranked by Stock Gains
#1985 Ranked by Dividends

MORN Stock Data

13.07B
23.79M
40.38%
60.05%
0.4%
Investment Advice
Finance and Insurance
Link
US
Chicago

About MORN

Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.