NASDAQ:FRGIFiesta Restaurant Group Stock Price, Forecast & News

Fiesta Restaurant Group's stock was trading at $6.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FRGI shares have increased by 48.0% and is now trading at $9.90. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fiesta Restaurant Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fiesta Restaurant Group.

Fiesta Restaurant Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Fiesta Restaurant Group.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) released its quarterly earnings results on Thursday, May, 7th. The restaurant operator reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.12. The restaurant operator earned $146.70 million during the quarter, compared to the consensus estimate of $153.83 million. Fiesta Restaurant Group had a negative net margin of 14.65% and a positive return on equity of 1.11%. View Fiesta Restaurant Group's earnings history.

2 brokers have issued 12 month target prices for Fiesta Restaurant Group's stock. Their forecasts range from $8.00 to $14.00. On average, they expect Fiesta Restaurant Group's stock price to reach $11.00 in the next year. This suggests a possible upside of 11.1% from the stock's current price. View analysts' price targets for Fiesta Restaurant Group.

Press coverage about FRGI stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fiesta Restaurant Group earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutFiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,610,000 shares, an increase of 8.1% from the April 30th total of 1,490,000 shares. Based on an average trading volume of 337,200 shares, the days-to-cover ratio is currently 4.8 days. Currently, 6.4% of the shares of the stock are short sold. View Fiesta Restaurant Group's Current Options Chain.

Some companies that are related to Fiesta Restaurant Group include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Bloomin' Brands (BLMN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fiesta Restaurant Group investors own include Gilead Sciences (GILD), Advanced Micro Devices (AMD), Alibaba Group (BABA), CNX Resources (CNX), Meet Group (MEET), Ring Energy (REI), Ring Energy (REI), Citigroup (C), Materion (MTRN) and National CineMedia (NCMI).

Fiesta Restaurant Group trades on the NASDAQ under the ticker symbol "FRGI."

Fiesta Restaurant Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.85%), Private Capital Management LLC (6.62%), State Street Corp (2.72%), Geode Capital Management LLC (1.25%), RBF Capital LLC (0.98%) and Bank of New York Mellon Corp (0.90%). Company insiders that own Fiesta Restaurant Group stock include Anthony Dinkins, Cheri Kinder, Jefferies Financial Group Inc, Louis Dipietro and Richard C Stockinger. View institutional ownership trends for Fiesta Restaurant Group.

FRGI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, RBF Capital LLC, Bank of New York Mellon Corp, Private Capital Management LLC, Parametric Portfolio Associates LLC, Cetera Advisors LLC, and New York State Common Retirement Fund. Company insiders that have sold Fiesta Restaurant Group company stock in the last year include Anthony Dinkins, Cheri Kinder, and Louis Dipietro. View insider buying and selling activity for Fiesta Restaurant Group.

FRGI stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Advisor Group Holdings Inc., Los Angeles Capital Management & Equity Research Inc., Geode Capital Management LLC, Invesco Ltd., SG Americas Securities LLC, Deutsche Bank AG, and Wells Fargo & Company MN. Company insiders that have bought Fiesta Restaurant Group stock in the last two years include Jefferies Financial Group Inc, and Richard C Stockinger. View insider buying and selling activity for Fiesta Restaurant Group.

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

One share of FRGI stock can currently be purchased for approximately $9.90.

Fiesta Restaurant Group has a market capitalization of $276.90 million and generates $660.94 million in revenue each year. The restaurant operator earns $-84,390,000.00 in net income (profit) each year or $0.35 on an earnings per share basis. Fiesta Restaurant Group employs 10,480 workers across the globe.

The official website for Fiesta Restaurant Group is www.frgi.com.

Fiesta Restaurant Group's mailing address is 14800 LANDMARK BOULEVARD SUITE 500, DALLAS TX, 75254. The restaurant operator can be reached via phone at 972-702-9300 or via email at [email protected]