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

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

Fiesta Restaurant Group declared that its Board of Directors has authorized a share buyback program on Tuesday, February 27th 2018, which allows the company to repurchase 1,500,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) posted its earnings results on Tuesday, November, 5th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.08. The restaurant operator earned $164.20 million during the quarter, compared to the consensus estimate 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 company's revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the prior year, the firm 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 equities research analysts have issued 12-month target prices for Fiesta Restaurant Group's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Fiesta Restaurant Group's share price to reach $14.00 in the next year. This suggests a possible upside of 29.0% 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.

Headlines about FRGI stock have been trending somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fiesta Restaurant Group earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Fiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest in January. As of January 15th, there was short interest totalling 2,180,000 shares, an increase of 5.8% from the December 31st total of 2,060,000 shares. Based on an average daily trading volume, of 288,600 shares, the days-to-cover ratio is currently 7.6 days. Currently, 8.1% of the company's stock are sold short. 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), Gilead Sciences (GILD), Meet Group (MEET), CNX Resources (CNX), Citigroup (C), Materion (MTRN), Alibaba Group (BABA), Conduent (CNDT), General Electric (GE) and American Airlines Group (AAL).

Fiesta Restaurant Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include 6 Meridian (0.21%), California Public Employees Retirement System (0.13%), Alpine Global Management LLC (0.07%) and Arizona State Retirement System (0.05%). 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 sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was bought by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, California Public Employees Retirement System 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 $10.85.

Fiesta Restaurant Group has a market capitalization of $298.16 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]