Monro (MNRO) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monro in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MNRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNRO, but not buy additional shares or sell existing shares.
View MNRO analyst ratings or view top-rated stocks.

1 brokerages have issued 12 month price objectives for Monro's shares. Their MNRO share price targets range from $35.00 to $35.00. On average, they anticipate the company's stock price to reach $35.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
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Monro's stock was trading at $29.34 at the beginning of the year. Since then, MNRO stock has increased by 4.5% and is now trading at $30.65.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our MNRO earnings forecast.

Monro, Inc. (NASDAQ:MNRO) announced its quarterly earnings data on Wednesday, January, 24th. The auto parts company reported $0.39 EPS for the quarter, hitting analysts' consensus estimates of $0.39. The auto parts company had revenue of $317.65 million for the quarter, compared to analysts' expectations of $324.75 million. Monro had a net margin of 2.68% and a trailing twelve-month return on equity of 5.59%. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Monro announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 8th will be given a dividend of $0.28 per share on Friday, March 22nd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for MNRO.

Monro (NASDAQ:MNRO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 104.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MNRO will have a dividend payout ratio of 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MNRO.

ETFs with the largest weight of Monro (NASDAQ:MNRO) stock in their portfolio include Small Cap US Equity Select ETF (RNSC) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ).

49 employees have rated Monro Chief Executive Officer Brett Ponton on Glassdoor.com. Brett Ponton has an approval rating of 36% among the company's employees. This puts Brett Ponton in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Verizon Communications (VZ), AbbVie (ABBV), Cummins (CMI), Walt Disney (DIS), Altria Group (MO), Pfizer (PFE), Tractor Supply (TSCO), Whirlpool (WHR), Brunswick (BC) and Caterpillar (CAT).

Monro's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management (0.11%), Wasatch Advisors LP (0.07%), State of Alaska Department of Revenue (0.06%), D.B. Root & Company LLC (0.04%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include John L Auerbach, Leah C Johnson and Michael T Broderick.
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Shares of MNRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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