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 increased by 24.2% and is now trading at $14.12. 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, 4 hold ratings and 3 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 Thursday, June 4th 2020. View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) announced its earnings results on Tuesday, February, 25th. The restaurant operator reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.29) by $0.07. The restaurant operator had revenue of $302.95 million for the quarter, compared to analyst estimates of $302.99 million. Red Robin Gourmet Burgers had a negative net margin of 0.60% and a positive return on equity of 2.21%. View Red Robin Gourmet Burgers' earnings history.

8 analysts have issued 1-year target prices for Red Robin Gourmet Burgers' shares. Their forecasts range from $12.00 to $42.00. On average, they expect Red Robin Gourmet Burgers' stock price to reach $30.43 in the next twelve months. This suggests a possible upside of 115.5% from the stock's current price. View analysts' price targets for Red Robin Gourmet Burgers.

News articles about RRGB stock have been trending negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Red Robin Gourmet Burgers earned a news impact score of -2.1 on InfoTrie's scale. They also gave media stories about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutRed Robin Gourmet Burgers.

Red Robin Gourmet Burgers saw a increase in short interest in April. As of April 15th, there was short interest totaling 2,910,000 shares, an increase of 8.2% from the March 31st total of 2,690,000 shares. Based on an average daily volume of 661,600 shares, the days-to-cover ratio is presently 4.4 days. Currently, 26.1% 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), 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), 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."

Red Robin Gourmet Burgers' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.70%), State Street Corp (3.40%), Smith Graham & Co. Investment Advisors LP (2.23%), Investment Counselors of Maryland LLC (1.94%), Geode Capital Management LLC (1.44%) and Invesco Ltd. (1.29%). 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 Investment Counselors of Maryland LLC, Alliancebernstein L.P., Wedge Capital Management L L P NC, Maverick Capital Ltd., Canada Pension Plan Investment Board, Signia Capital Management LLC, Morgan Stanley, and BlackRock Inc.. View insider buying and selling activity for Red Robin Gourmet Burgers.

RRGB stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Eidelman Virant Capital, State Street Corp, Quinn Opportunity Partners LLC, UBS Group AG, Fuller & Thaler Asset Management Inc., Virginia Retirement Systems ET AL, and Smith Graham & Co. Investment Advisors 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.

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 $14.12.

Red Robin Gourmet Burgers has a market capitalization of $182.29 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 Fiddler's Green Circle Suite200N, Greenwood Village CO, 80111. The restaurant operator can be reached via phone at 303-846-6000 or via email at [email protected]