NASDAQ:FRGI - Fiesta Restaurant Group Stock Price, Price Target & More

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

Fiesta Restaurant Group declared that its Board of Directors has authorized a stock buyback plan 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 plans are generally a sign that the company's board of directors believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) announced its quarterly earnings results on Monday, May, 7th. The restaurant operator reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.01. The restaurant operator earned $169.48 million during the quarter, compared to the consensus estimate of $163.86 million. Fiesta Restaurant Group had a positive return on equity of 5.87% and a negative net margin of 2.56%. The business's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share. View Fiesta Restaurant Group's Earnings History.

Fiesta Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Fiesta Restaurant Group.

4 brokers have issued 12-month price objectives for Fiesta Restaurant Group's stock. Their forecasts range from $14.00 to $25.00. On average, they expect Fiesta Restaurant Group's stock price to reach $21.00 in the next twelve months. View Analyst Ratings for Fiesta Restaurant Group.

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

News stories about FRGI stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiesta Restaurant Group earned a news impact score of 0.15 on Accern's scale. They also gave news stories about the restaurant operator an impact score of 46.21 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Fiesta Restaurant Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.80%), Wasatch Advisors Inc. (8.97%), Dimensional Fund Advisors LP (5.76%), Oaktree Capital Management LP (4.86%), Thomson Horstmann & Bryant Inc. (1.38%) and Newtyn Management LLC (1.00%). Company insiders that own Fiesta Restaurant Group stock include Barry J Alperin, Brian P Friedman, Charles Locke, Cheri Kinder, Jack A Smith, John Alan Todd Jr, 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 Newtyn Management LLC, Prudential Financial Inc., Citadel Advisors LLC, JPMorgan Chase & Co., Wasatch Advisors Inc., BNP Paribas Arbitrage SA, Dimensional Fund Advisors LP and American International Group Inc.. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was bought by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Heartland Advisors Inc., 22NW LP, Landscape Capital Management L.L.C., Thomson Horstmann & Bryant Inc., Arnhold LLC, Schwab Charles Investment Management Inc. and GSA Capital Partners LLP. 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 $27.55.

Fiesta Restaurant Group has a market capitalization of $750.79 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.

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]