Morningstar · 1 day ago
Equity Analyst
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$114K/yr - $194K/yr
3+ years expMorningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, advocating for investors’ interests. The Equity Analyst will cover a group of Industrial stocks, conducting in-depth research and providing insights to help clients make informed investment decisions.
Asset ManagementEnterprise SoftwareFinanceFinancial ServicesImpact InvestingMarket ResearchNewsSoftwareTelecommunications
Responsibilities
Acquire a deep understanding of and outlook for covered companies and industries by gathering and interpreting relevant regulatory filings, reports, news, and data to create an investment mosaic
Maintain intrinsic value estimates for covered companies based on our proprietary discounted cash flow model
Regularly publish detailed company reports and in-depth notes aimed at a broad audience of investors
Become an expert in Morningstar’s Economic Moat Methodology by possessing a deep understanding of company moats and their sources
Investigate and publish long-form research that yields insights for clients that are differentiated, substantiated, and clearly communicated
Develop a network of relationships with industry experts and covered company representatives to enhance our research product and build Morningstar’s brand and reputation
Proactively surface attractive investment ideas internally and externally to support all products and clients, including collaboration with the Equity Research Sales team
Promptly and diligently answer client inquiries regarding covered companies
Support and contribute to the department’s and a sector team’s long-term initiatives, including collaboration with global colleagues, development of talent, and review of team member research
Always act with impartiality and an ‘investors first’ attitude
Qualification
Required
Intelligence, energy, motivation, and a high degree of personal integrity
Irrepressible curiosity, with an eagerness to dig deep and explore widely, but always with a healthy degree of skepticism
Creativity, with a penchant for experimenting with new ways to approach questions
Strong attention to detail
Confidence in a stock call after diligent investigation and strong reasoning, but with humility to adapt that view as new information arrives
Ability to communicate complex ideas clearly and succinctly
Comfortable drawing conclusions amid incomplete information and under tight deadlines
Collaborative mindset and capable of both respectfully accepting and providing constructive feedback. Willingness to consider diverse points of view
Bachelor's degree; CFA designation and/or MBA preferred
Three plus years of relevant experience either in equity research or industry
Sound discounted cash flow modeling and financial statement analysis skills. Advanced Excel proficiency is expected
Preferred
CFA designation and/or MBA preferred
Benefits
75% 401k match up to 7%
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Bonding Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Education Stipend
Tuition Reimbursement
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Company
Morningstar
Morningstar provides independent investment research to investors worldwide.
10001+ employees
H1B Sponsorship
Morningstar has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (32)
2024 (50)
2023 (68)
2022 (51)
2021 (57)
2020 (56)
Funding
Current Stage
Public CompanyTotal Funding
$91M2005-05-03IPO
1999-07-09Private Equity· $91M
Leadership Team
Kunal Kapoor
Chief Executive Officer
Lawrence Johnson
SVP & Head of Fintech Engagement
Recent News
2026-01-16
2026-01-16
2026-01-12
Company data provided by crunchbase