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 stock has increased by 19.8% and is now trading at $13.62. 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) issued its quarterly earnings results on Tuesday, February, 25th. The restaurant operator reported ($0.36) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.29) by $0.07. The restaurant operator earned $302.95 million during 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.

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 brokers have issued 1-year price objectives for Red Robin Gourmet Burgers' shares. Their forecasts range from $12.00 to $42.00. On average, they expect Red Robin Gourmet Burgers' share price to reach $30.43 in the next twelve months. This suggests a possible upside of 123.4% from the stock's current price. View analysts' price targets for Red Robin Gourmet Burgers.

News stories about RRGB stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Red Robin Gourmet Burgers earned a news impact score of -2.8 on InfoTrie's scale. They also gave headlines 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 immediate future. View the latest news aboutRed Robin Gourmet Burgers.

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 variety of institutional and retail investors. Top institutional shareholders 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 bought 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 $13.62.

Red Robin Gourmet Burgers has a market capitalization of $175.83 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]