Ark Restaurants (ARKR) Stock Forecast, Price & News

Ark Restaurants' stock was trading at $16.56 at the beginning of the year. Since then, ARKR stock has decreased by 7.7% and is now trading at $15.2783.
View the best growth stocks for 2023 here.

Ark Restaurants saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,600 shares, an increase of 8.4% from the August 15th total of 10,700 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is currently 2.4 days. Currently, 0.7% of the shares of the stock are short sold.
View Ark Restaurants' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, December 18th 2023.
View our ARKR earnings forecast.

Ark Restaurants Corp. (NASDAQ:ARKR) posted its quarterly earnings data on Monday, August, 14th. The restaurant operator reported $0.88 EPS for the quarter. The restaurant operator earned $51.05 million during the quarter. Ark Restaurants had a trailing twelve-month return on equity of 8.48% and a net margin of 2.78%.

Ark Restaurants announced a quarterly dividend on Tuesday, August 8th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.188 per share on Tuesday, September 12th. This represents a $0.75 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for ARKR.

Ark Restaurants (NASDAQ:ARKR) pays an annual dividend of $0.75 per share and currently has a dividend yield of 4.91%. ARKR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARKR.

9 employees have rated Ark Restaurants Chief Executive Officer Michael Weinstein on Glassdoor.com. Michael Weinstein has an approval rating of 84% among the company's employees. 62.0% of employees surveyed would recommend working at Ark Restaurants to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ark Restaurants investors own include Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA), Carnival Co. & (CCL), CVS Health (CVS), GSK (GSK), JPMorgan Chase & Co. (JPM) and L Brands (LB).

Ark Restaurants trades on the NASDAQ under the ticker symbol "ARKR."

Ark Restaurants' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.90%), Renaissance Technologies LLC (0.89%), EA Series Trust (0.38%) and Citadel Advisors LLC (0.28%).
View institutional ownership trends.

Shares of ARKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ARKR stock can currently be purchased for approximately $15.28.

Ark Restaurants (NASDAQ:ARKR) has a market capitalization of $55.00 million and generates $183.67 million in revenue each year. The restaurant operator earns $9.28 million in net income (profit) each year or $1.43 on an earnings per share basis.

The company employs 1,901 workers across the globe.

Ark Restaurants' mailing address is 85 FIFTH AVENUE, NEW YORK NY, 10003. The official website for the company is www.arkrestaurants.com. The restaurant operator can be reached via phone at (212) 206-8800 or via fax at 212-206-8814.