Red Robin Gourmet Burgers Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Red Robin Gourmet Burgers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RRGB, but not buy additional shares or sell existing shares.
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Red Robin Gourmet Burgers saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 1,500,000 shares, a decrease of 28.2% from the January 28th total of 2,090,000 shares. Based on an average trading volume of 407,900 shares, the short-interest ratio is presently 3.7 days.
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Red Robin Gourmet Burgers is scheduled to release its next quarterly earnings announcement on Wednesday, June 9th 2021.
View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) released its quarterly earnings data on Tuesday, March, 2nd. The restaurant operator reported ($1.79) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($1.10) by $0.69. The restaurant operator had revenue of $201.05 million for the quarter, compared to analyst estimates of $222.48 million. Red Robin Gourmet Burgers had a negative net margin of 25.18% and a negative trailing twelve-month return on equity of 64.97%. Red Robin Gourmet Burgers's revenue for the quarter was down 33.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.36) EPS.
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Red Robin Gourmet Burgers' stock was trading at $11.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RRGB shares have increased by 218.5% and is now trading at $36.21.
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6 equities research analysts have issued twelve-month target prices for Red Robin Gourmet Burgers' shares. Their forecasts range from $10.00 to $40.00. On average, they expect Red Robin Gourmet Burgers' stock price to reach $24.50 in the next year. This suggests that the stock has a possible downside of 32.3%.
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116 employees have rated Red Robin Gourmet Burgers CEO Paul Murphy III on Glassdoor.com. Paul Murphy III has an approval rating of 56% among Red Robin Gourmet Burgers' employees. This puts Paul Murphy III in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Red Robin Gourmet Burgers include McDonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Darden Restaurants (DRI), Domino's Pizza (DPZ), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Brinker International (EAT), Papa John's International (PZZA), The Cheesecake Factory (CAKE), Bloomin' Brands (BLMN), Jack in the Box (JACK) and Dine Brands Global (DIN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Red Robin Gourmet Burgers investors own include Rite Aid (RAD), AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Ford Motor (F), Starbucks (SBUX), CVS Health (CVS), The Walt Disney (DIS), General Electric (GE) and QUALCOMM (QCOM).

Red Robin Gourmet Burgers trades on the NASDAQ under the ticker symbol "RRGB."

Red Robin Gourmet Burgers' stock is owned by many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (18.63%), BlackRock Inc. (14.95%), SummerHaven Investment Management LLC (5.88%), Dimensional Fund Advisors LP (3.43%), Smith Graham & Co. Investment Advisors LP (2.83%) and Charles Schwab Investment Management Inc. (1.86%). Company insiders that own Red Robin Gourmet Burgers stock include David Pace, Gerard Johan Hart, Glenn B Kaufman, Jonathan A Muhtar, Paul J B Murphy III, Steve Lumpkin, Stuart I Oran and Vintage Capital Management Llc.
View institutional ownership trends for Red Robin Gourmet Burgers.

RRGB stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Russell Investments Group Ltd., Barclays PLC, Acuitas Investments LLC, Smith Graham & Co. Investment Advisors LP, Northern Trust Corp, Nuveen Asset Management LLC, and Principal Financial Group Inc..
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RRGB stock was bought by a variety of institutional investors in the last quarter, including SummerHaven Investment Management LLC, THB Asset Management, Voloridge Investment Management LLC, Foundry Partners LLC, Morgan Stanley, BlackRock Inc., SummerHaven Investment Management LLC, and Royce & Associates LP. Company insiders that have bought Red Robin Gourmet Burgers stock in the last two years include David Pace, Gerard Johan Hart, Glenn B Kaufman, Jonathan A Muhtar, Paul J B Murphy III, Steve Lumpkin, and Vintage Capital Management Llc.
View insider buying and selling activity for Red Robin Gourmet Burgers or or view top insider-buying stocks.

Shares of RRGB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RRGB stock can currently be purchased for approximately $36.21.

Red Robin Gourmet Burgers has a market capitalization of $562.78 million and generates $1.32 billion in revenue each year. The restaurant operator earns $-7,900,000.00 in net income (profit) each year or $0.62 on an earnings per share basis.

Red Robin Gourmet Burgers employs 24,586 workers across the globe.

The official website for Red Robin Gourmet Burgers is www.redrobin.com.

Red Robin Gourmet Burgers is headquartered at 6312 S. Fiddlers Green Circle Suite 200N, Greenwood Village CO, 80111.

Red Robin Gourmet Burgers' mailing address is 6312 S. Fiddlers Green Circle Suite 200N, Greenwood Village CO, 80111. The restaurant operator can be reached via phone at 303-846-6000 or via email at [email protected]