Red Robin Gourmet Burgers Stock Forecast, Price & News

Red Robin Gourmet Burgers' stock was trading at $11.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RRGB stock has increased by 19.6% and is now trading at $13.60.
View which stocks have been most impacted by COVID-19.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) released its quarterly earnings results on Tuesday, August, 11th. The restaurant operator reported ($3.31) earnings per share for the quarter, missing the consensus estimate of ($3.27) by $0.04. The restaurant operator earned $161.12 million during the quarter, compared to the consensus estimate of $166.02 million. Red Robin Gourmet Burgers had a negative return on equity of 52.03% and a negative net margin of 22.56%. The company's revenue for the quarter was down 47.7% on a year-over-year basis. During the same quarter last year, the company posted $1.03 EPS.
View Red Robin Gourmet Burgers' earnings history.

7 equities research analysts have issued 12 month target prices for Red Robin Gourmet Burgers' shares. Their forecasts range from $10.00 to $42.00. On average, they anticipate Red Robin Gourmet Burgers' share price to reach $20.33 in the next year. This suggests a possible upside of 49.5% from the stock's current price.
View analysts' price targets for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,840,000 shares, a decline of 14.5% from the August 31st total of 4,490,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is currently 3.1 days.
View Red Robin Gourmet Burgers' Short Interest.

Some companies that are related to Red Robin Gourmet Burgers include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Brinker International (EAT), Jack in the Box (JACK), Bloomin' Brands (BLMN) and Cheesecake Factory (CAKE).
View all competitors.

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 LP Unit (ET), Carnival (CCL), Ford Motor (F), Starbucks (SBUX), CVS Health (CVS), 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 a variety of institutional and retail investors. Top institutional shareholders include Balyasny Asset Management LLC (4.46%), Smith Graham & Co. Investment Advisors LP (2.34%), Charles Schwab Investment Management Inc. (1.54%), Monashee Investment Management LLC (1.59%), Bridgeway Capital Management Inc. (0.92%) and Bank of New York Mellon Corp (1.08%). 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 Comerica Bank, Nuveen Asset Management LLC, UBS Group AG, Bank of America Corp DE, Bank of New York Mellon Corp, Prudential Financial Inc., Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have sold Red Robin Gourmet Burgers company stock in the last year include Stuart I Oran, and Vintage Capital Management Llc.
View insider buying and selling activity for Red Robin Gourmet Burgers.

RRGB stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Monashee Investment Management LLC, Engineers Gate Manager LP, Charles Schwab Investment Management Inc., Ensign Peak Advisors Inc, Bridgeway Capital Management Inc., Stephens Inc. AR, and Russell Investments Group Ltd.. 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.

Shares of RRGB 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 RRGB stock can currently be purchased for approximately $13.60.

Red Robin Gourmet Burgers has a market capitalization of $211.36 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' 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]