Roth Capital Has Bearish Forecast for GENK FY2025 Earnings

GEN Restaurant Group, Inc. (NASDAQ:GENK - Free Report) - Equities researchers at Roth Capital lowered their FY2025 earnings estimates for shares of GEN Restaurant Group in a report issued on Monday, June 2nd. Roth Capital analyst G. Kelly now anticipates that the company will post earnings per share of $0.00 for the year, down from their previous estimate of $0.02. The consensus estimate for GEN Restaurant Group's current full-year earnings is $0.01 per share. Roth Capital also issued estimates for GEN Restaurant Group's FY2026 earnings at ($0.01) EPS.

GEN Restaurant Group (NASDAQ:GENK - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.04 earnings per share for the quarter. GEN Restaurant Group had a net margin of 0.39% and a return on equity of 1.83%. The company had revenue of $57.34 million for the quarter, compared to analyst estimates of $61.09 million.

Separately, Benchmark lowered their target price on shares of GEN Restaurant Group from $11.00 to $8.00 and set a "buy" rating for the company in a report on Thursday, May 15th.

GEN Restaurant Group Stock Down 4.0%

GEN Restaurant Group stock traded down $0.17 during trading on Thursday, hitting $4.09. 124,989 shares of the company were exchanged, compared to its average volume of 71,999. The company has a market capitalization of $135.53 million, a P/E ratio of 24.06 and a beta of 1.67. The business's 50 day moving average is $4.24 and its 200 day moving average is $5.92. GEN Restaurant Group has a 52 week low of $3.16 and a 52 week high of $11.16. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 0.12.

GEN Restaurant Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 9th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Monday, June 9th.

Insider Activity

In other GEN Restaurant Group news, Director Michael Cowan purchased 30,000 shares of the company's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of $3.30 per share, for a total transaction of $99,000.00. Following the completion of the acquisition, the director now owns 34,167 shares of the company's stock, valued at $112,751.10. The trade was a 719.94% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 59.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On GEN Restaurant Group

A number of hedge funds have recently modified their holdings of the stock. Wealthedge Investment Advisors LLC purchased a new stake in GEN Restaurant Group in the fourth quarter worth $143,000. Northern Trust Corp grew its stake in shares of GEN Restaurant Group by 68.3% during the 4th quarter. Northern Trust Corp now owns 25,071 shares of the company's stock worth $188,000 after acquiring an additional 10,176 shares during the period. Jones Financial Companies Lllp raised its stake in GEN Restaurant Group by 1,376,466.7% in the 1st quarter. Jones Financial Companies Lllp now owns 41,297 shares of the company's stock valued at $228,000 after acquiring an additional 41,294 shares during the period. Goldman Sachs Group Inc. raised its stake in GEN Restaurant Group by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 53,573 shares of the company's stock valued at $296,000 after acquiring an additional 12,296 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in GEN Restaurant Group by 235.8% during the fourth quarter. Renaissance Technologies LLC now owns 54,400 shares of the company's stock valued at $407,000 after purchasing an additional 38,200 shares during the last quarter. Institutional investors own 10.22% of the company's stock.

GEN Restaurant Group Company Profile

GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, Texas, New York, and Florida. It offers meats, poultry, and seafood. The company was founded in 2011 and is based in Cerritos, California.