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

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

Fiesta Restaurant Group announced that its board has approved a stock repurchase 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 purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) posted its earnings results on Monday, November, 5th. The restaurant operator reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.08. The restaurant operator earned $174.65 million during the quarter, compared to analysts' expectations of $173.40 million. Fiesta Restaurant Group had a net margin of 0.73% and a return on equity of 5.87%. The business's revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $0.06 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 25th 2019. View Earnings Estimates for Fiesta Restaurant Group.

3 Wall Street analysts have issued 1 year price objectives for Fiesta Restaurant Group's stock. Their predictions range from $25.00 to $28.00. On average, they expect Fiesta Restaurant Group's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View Analyst Price Targets for Fiesta Restaurant Group.

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fiesta Restaurant Group.

Media headlines about FRGI stock have trended very positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Fiesta Restaurant Group earned a coverage optimism score of 3.6 on InfoTrie's scale. They also assigned media coverage about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Fiesta Restaurant Group include Brinker International (EAT), Wingstop (WING), Bloomin' Brands (BLMN), Arcos Dorados (ARCO), Dine Brands Global (DIN), Sonic (SONC), MITCHELLS &BUTLERS (MBPFF), Papa John's Int'l (PZZA), BJ's Restaurants (BJRI), Denny's (DENN), Ruth's Hospitality Group (RUTH), Bojangles (BOJA), El Pollo LoCo (LOCO), Red Robin Gourmet Burgers (RRGB) and Del Taco Restaurants (TACO).

Fiesta Restaurant Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.49%), Vanguard Group Inc. (8.15%), Wasatch Advisors Inc. (6.99%), Dimensional Fund Advisors LP (5.89%), Thomson Horstmann & Bryant Inc. (1.68%) and Private Capital Management LLC (1.54%). Company insiders that own Fiesta Restaurant Group stock include Barry J Alperin, Brian P Friedman, Charles Locke, Cheri Kinder, Jack A Smith, Jefferies Financial Group Inc, 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 Wasatch Advisors Inc., Private Capital Management LLC, BlackRock Inc., Bank of New York Mellon Corp, JPMorgan Chase & Co., Vanguard Group Inc., Rhumbline Advisers and Comerica Bank. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was acquired by a variety of institutional investors in the last quarter, including BlueMountain Capital Management LLC, Thomson Horstmann & Bryant Inc., GSA Capital Partners LLP, Dynamic Technology Lab Private Ltd, Paloma Partners Management Co, Campbell & CO Investment Adviser LLC, Dimensional Fund Advisors LP and Renaissance Technologies LLC. 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, Jefferies Financial Group Inc, 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 $17.36.

Fiesta Restaurant Group has a market capitalization of $502.07 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, DALLAS TX, 75254. The restaurant operator can be reached via phone at 972-702-9300 or via email at [email protected]