Morningstar, Inc. (MORN) is a leading pr💖ovider of financial information via Internet, software, and print-based products to individual, professional, and institutional investors. Its largest competitors in the financial information sector are Bloomberg, L.P., MarketWatch, Inc꧑., and Thomson Reuters Corp. (TRI).
Morningstar provides detailed financial data on more than 621,000 stocks, mutual funds, and other investment products for individual investors, financial advisors, asset managers, retirement plan providers, and sponsors. It also delivers market data on more than 17 million indexes, equities, options, and commodities.
In delivering financial information to investors, Morningstar does business in the media, asset management, and publishing sectors. It is a respected and reliable source of investment analysis; in 2023, it produced approximately 5,900 manager research analyst reports that are widely used by investors to determine the investment quality of mutual funds and 澳洲幸运5官方开奖结果体彩网:exchange-traded funds. More detailed information is available through a subscription service. Morningstar’s revenue in 2023 was $2.04 billion, a year-over-year increase of 9%.
Key Takeaways
- Morningstar publishes financial data for investors covering approximately 621,000 stocks, mutual funds, ETFs, and other investment products.
- Three of Morningstar's key competitors are Bloomberg, L.P., MarketWatch, Inc., and Thomson Reuters Corp.
- Bloomberg is famous for its "Bloomberg Terminal," a computer interface and software system that helps large institutional investors track stock market activity and generate detailed reports.
- MarketWatch (which is owned by the same company that owns Barron's and The Wall Street Journal) caters to the individual investor with its wide array of portfolio building and tracking tools.
- Thomson Reuters' key strength is its ability to provide timely financial information and services to businesses and individual investors around the globe.
Bloomberg, L.P.
澳洲幸运5官方开奖结果体彩网:Bloomberg is a leader in the market for business media. In addition to its own syndicated news service and magazine, Bloomberg offers real-time financial news, market data, and analysis via Bloomberg Television, radio, and the Internet. In its analysis, the company targets certain areas of interest, namely the tech sector, politics, sustainability, and luxury. It's estimated the company generated about $12.5 billion in revenue in 2023.
The Bloomberg Terminal, a platform that streams and integrates price data, financial information, and news to more than 350,000 customers worldwide as of 2024, accounts for a substantial contribution to Bloomberg’s revenue. With a service price upwards of $26,580, (as of 2023), the typical customers for a Bloomberg Terminal are large 澳洲幸运5官方开奖结果体彩网:institutional investors.
$249 per year
The annual cost of a Morningstar Investor subscription.
MarketWatch, Inc.
MarketWatch is a financial information site headquartered in San Francisco and is owned by Dow Jones & Company, which in turn is a property of News Corp. Dow Jones & Company also owns two well-known and respected financial publications, Barron's and The Wall Street Journal.
The MarketWatch website attracts more than 18 million visitors per month, as of November 2024, making it among the most popular business website. In addition to business news, the site publishes original personal finance content. This includes stories, interviews, podcasts, videos, and market briefs. The site offers free investment data and 澳洲幸运5官方开奖结果体彩网:portfolio management tools which allow investors 💜to create online portfolios and track tღheir favorite stocks. The tool includes an asset allocation chart and helps investors track performance on both a percentage and dollar basis. They also offer paid subscription products targeting retirement investing and ETF trading.
Thomson Reuters Corp.
In terms of market share, 澳洲幸运5官方开奖结果体彩网:Thomson Reuters is one of Morningstar’s largest competitors. It is a market leader in the financial data sector, with a 2023 revenue of $6.8 billion. The company’s core strength is in providing financial information and services to businesses and individual investors across the world. Subscription sales numbering in the hundreds of thousands to its online financial services account for most of the company’s revenue. The company came into being in 2008 when Canadian information provider The Thomson Corporation acquired Reuters, a financial information company founded in London in 1851.
What Does a Morningstar Subscription Include?
A paid Morningstar subscription provides access to market research by Morningstar's professional analysts, and a daily email newsletter of the latest market trends. It also comes with tools to track your portfolio's performance and risk allocation, and asset rating lists to identify the top-rated securities. The annual cost of an investor subscription is $249 per year.
What Does a MarketWatch Subscription Include?
A MarketWatch subscription starts at $1 per week for the first year, and $5 per week after that. That subscription provides unlimited access to MarketWatch articles, watchlists and newsletters. Higher tiers also include subscriptions to Barron's, The Wall Street Journal, and Investor's Business Daily.
What Does a Bloomberg Subscription Include?
Bloomberg has several paid subscription levels with different tiers of service. A digital subscription to Bloomberg.com costs $299 per year (after a lower introductory rate) and comes with unlimited access to Bloomberg articles, video, and podcasts. An additional subscription to Bloomberg Businessweek raises the total to $329. A subscription to the 澳洲幸运5官方开奖结果体彩网:Bloomberg Terminal—which includes analyst forecasts, 🔯investment research, and a wealth of other information—costs over $27,000 per😼 year for a single terminal.
The Bottom Line
Morningstar is a leading provider of market research on mutual funds and securities. While many financial firms benefit from Morningstar's research, it is not the only media company providing paid industry research. Bloomberg, MarketWatch, and Thomson Reuters are also leading sources of financial news, each with their own advantages and disadvantages.