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 stock repurchase program on Tuesday, February 27th 2018, which authorizes the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) issued its quarterly earnings results on Tuesday, November, 5th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.08. The restaurant operator had revenue of $164.20 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the previous 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 Wednesday, February 26th 2020. View Earnings Estimates for Fiesta Restaurant Group.

Fiesta Restaurant Group will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 equities research analysts have issued 1 year price targets for Fiesta Restaurant Group's shares. 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 34.6% 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.

Media coverage about FRGI stock has trended negative on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of 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 -2.1 on InfoTrie's scale. They also gave media stories about the restaurant operator a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future. View News Stories for Fiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,680,000 shares, an increase of 22.9% from the January 15th total of 2,180,000 shares. Based on an average daily trading volume, of 305,400 shares, the short-interest ratio is currently 8.8 days. Currently, 10.0% of the company's 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), 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), Bloomin' Brands (BLMN), Jack in the Box (JACK), Cheesecake Factory (CAKE) and Dine Brands Global (DIN).

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

Fiesta Restaurant Group's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (2.37%), Goldman Sachs Group Inc. (1.95%), Jacobs Levy Equity Management Inc. (1.34%), Geode Capital Management LLC (1.18%), Bank of New York Mellon Corp (0.98%) and Renaissance Technologies LLC (0.71%). 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 THB Asset Management, State Street Corp, AQR Capital Management LLC, KBC Group NV, Cetera Advisors LLC, Bank of America Corp DE, Arizona State Retirement System and Alambic Investment Management L.P.. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., B. Riley Financial Inc., Renaissance Technologies LLC, Great West Life Assurance Co. Can, Russell Investments Group Ltd., UBS Group AG and Alpine Global Management LLC. 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 $10.40.

Fiesta Restaurant Group has a market capitalization of $285.79 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]