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

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

Fiesta Restaurant Group declared that its Board of Directors has initiated a stock buyback plan on Tuesday, February 27th 2018, which allows the company to buyback 1,500,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) announced its earnings results on Monday, August, 6th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.22 by $0.03. The restaurant operator had revenue of $176.83 million for the quarter, compared to the consensus estimate of $173.21 million. Fiesta Restaurant Group had a negative net margin of 0.80% and a positive return on equity of 5.35%. The business's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 earnings per share. View Fiesta Restaurant Group's Earnings History.

Fiesta Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Fiesta Restaurant Group.

2 Wall Street analysts have issued 12 month target prices for Fiesta Restaurant Group's shares. Their forecasts range from $25.00 to $33.00. On average, they expect Fiesta Restaurant Group's share price to reach $29.00 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Fiesta Restaurant Group.

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

Fiesta Restaurant Group saw a decline in short interest in September. As of September 14th, there was short interest totalling 1,541,517 shares, a decline of 23.2% from the August 31st total of 2,006,830 shares. Based on an average daily volume of 251,295 shares, the short-interest ratio is presently 6.1 days. Currently, 5.9% of the shares of the stock are sold short. View Fiesta Restaurant Group's Current Options Chain.

Some companies that are related to Fiesta Restaurant Group include Dave & Buster's Entertainment (PLAY), Cheesecake Factory (CAKE), Main Street Capital (MAIN), Jack in the Box (JACK), Brinker International (EAT), Wingstop (WING), Bloomin' Brands (BLMN), Papa John's Int'l (PZZA), BJ's Restaurants (BJRI), Dine Brands Global (DIN), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), Sonic (SONC), Ruth's Hospitality Group (RUTH) and Denny's (DENN).

Fiesta Restaurant Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.24%), Wasatch Advisors Inc. (9.13%), Dimensional Fund Advisors LP (5.81%), Private Capital Management LLC (2.68%), Hood River Capital Management LLC (2.64%) and Bank of New York Mellon Corp (1.18%). Company insiders that own Fiesta Restaurant Group stock include Barry J Alperin, Brian P Friedman, Charles Locke, Cheri Kinder, Jack A Smith, Joseph Brink, National Corp Leucadia, Paul E Twohig, Richard C Stockinger and Stephen P Elker. View Institutional Ownership Trends for Fiesta Restaurant Group.

FRGI stock was sold by a variety of institutional investors in the last quarter, including Private Capital Management LLC, Portolan Capital Management LLC, Pinebridge Investments L.P., OppenheimerFunds Inc., First Manhattan Co., Municipal Employees Retirement System of Michigan and Arizona State Retirement System. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was acquired by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Columbus Circle Investors, BlackRock Inc., EAM Investors LLC, Millennium Management LLC, Wasatch Advisors Inc., EAM Global Investors LLC and Sei Investments Co.. Company insiders that have bought Fiesta Restaurant Group stock in the last two years include Barry J Alperin, Brian P Friedman, Charles Locke, Jack A Smith, National Corp Leucadia, Paul E Twohig, Richard C Stockinger and Stephen P Elker. 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, Scottrade, Fidelity and Charles Schwab.

One share of FRGI stock can currently be purchased for approximately $25.85.

Fiesta Restaurant Group has a market capitalization of $717.10 million and generates $669.13 million in revenue each year. The restaurant operator earns $-36,230,000.00 in net income (profit) each year or $0.60 on an earnings per share basis. Fiesta Restaurant Group employs 10,290 workers across the globe.

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

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