NASDAQ:FRGI - Fiesta Restaurant Group Stock Price, Forecast & News

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

Fiesta Restaurant Group announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 27th 2018, which authorizes the company to repurchase 1,500,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) released its quarterly earnings results on Tuesday, November, 5th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.08. The restaurant operator earned $164.20 million during the quarter, compared to analysts' expectations of $164.39 million. Fiesta Restaurant Group had a negative net margin of 10.65% and a positive return on equity of 5.52%. The firm's revenue was down 6.0% compared to the same quarter last year. During the same period last year, the business earned $0.11 earnings per share. View Fiesta Restaurant Group's Earnings History.

Fiesta Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Fiesta Restaurant Group.

1 analysts have issued twelve-month target prices for Fiesta Restaurant Group's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Fiesta Restaurant Group's share price to reach $14.00 in the next year. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for Fiesta Restaurant Group.

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

News headlines about FRGI stock have been trending positive this week, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fiesta Restaurant Group earned a news impact score of 3.0 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Fiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,180,000 shares, an increase of 5.8% from the December 15th total of 2,060,000 shares. Based on an average daily volume of 288,900 shares, the short-interest ratio is presently 7.5 days. Currently, 8.1% of the company's shares 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), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), 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), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Brinker International (EAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fiesta Restaurant Group investors own include Newell Brands (NWL), Meet Group (MEET), CNX Resources (CNX), Citigroup (C), Materion (MTRN), Gilead Sciences (GILD), Alibaba Group (BABA), Conduent (CNDT), General Electric (GE) and ANNALY CAP MGMT/SH (NLY).

Fiesta Restaurant Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include 6 Meridian (0.21%) and Alpine Global Management LLC (0.07%). Company insiders that own Fiesta Restaurant Group stock include Jack A Smith, Jefferies Financial Group Inc, Joseph Brink, National Corp Leucadia and Richard C Stockinger. View Institutional Ownership Trends for Fiesta Restaurant Group.

FRGI stock was acquired by a variety of institutional investors in the last quarter, including Alpine Global Management LLC and 6 Meridian. Company insiders that have bought Fiesta Restaurant Group stock in the last two years include Jack A Smith, Jefferies Financial Group Inc, National Corp Leucadia and Richard C Stockinger. View Insider Buying and Selling 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 $10.78.

Fiesta Restaurant Group has a market capitalization of $296.19 million and generates $688.60 million in revenue each year. The restaurant operator earns $7.79 million in net income (profit) each year or $0.60 on an earnings per share basis. Fiesta Restaurant Group employs 10,220 workers across the globe.View Additional Information About Fiesta Restaurant Group.

The official website for Fiesta Restaurant Group is http://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]