NASDAQ:RRGBRed Robin Gourmet Burgers Stock Price, Forecast & News

Red Robin Gourmet Burgers' stock was trading at $11.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RRGB shares have decreased by 25.2% and is now trading at $8.51. View which stocks have been most impacted by Coronavirus.

8 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 2 buy ratings 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 Friday, August 28th 2020. View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) released its quarterly earnings data on Wednesday, June, 10th. The restaurant operator reported ($6.66) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($1.61) by $5.05. The restaurant operator earned $306.07 million during the quarter, compared to analyst estimates of $305.96 million. Red Robin Gourmet Burgers had a negative return on equity of 25.04% and a negative net margin of 15.10%. View Red Robin Gourmet Burgers' earnings history.

Red Robin Gourmet Burgers issued an update on its first quarter 2020 After-Hours earnings guidance on Friday, May, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $306.1-306.1 million, compared to the consensus revenue estimate of $340.99 million.

8 Wall Street analysts have issued 1 year price objectives 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 $22.71 in the next year. This suggests a possible upside of 166.9% from the stock's current price. View analysts' price targets for Red Robin Gourmet Burgers.

Media coverage about RRGB stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing 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. Red Robin Gourmet Burgers earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned media headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,740,000 shares, an increase of 8.4% from the June 15th total of 3,450,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 31.2% of the company's shares are sold short. View Red Robin Gourmet Burgers' Current Options Chain.

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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Bloomin' Brands (BLMN). 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), Energy Transfer LP Unit (ET), AT&T (T), Carnival (CCL), Ford Motor (F), NVIDIA (NVDA), Starbucks (SBUX), CVS Health (CVS), Delta Air Lines (DAL) and Gilead Sciences (GILD).

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

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 $8.51.

Red Robin Gourmet Burgers has a market capitalization of $109.86 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]