Red Robin Gourmet Burgers Stock Forecast, Price & News

Red Robin Gourmet Burgers' stock was trading at $11.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RRGB stock has increased by 81.5% and is now trading at $20.64.
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5 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 and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Red Robin Gourmet Burgers or view MarketBeat's top 5 stock picks.

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Red Robin Gourmet Burgers is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) issued its quarterly earnings results on Thursday, November, 5th. The restaurant operator reported ($0.19) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.36) by $1.17. The restaurant operator earned $200.50 million during the quarter, compared to analysts' expectations of $206.20 million. Red Robin Gourmet Burgers had a negative net margin of 22.56% and a negative return on equity of 52.03%. The firm's revenue for the quarter was down 31.8% compared to the same quarter last year. During the same period last year, the company posted ($0.24) earnings per share.
View Red Robin Gourmet Burgers' earnings history.

5 equities research analysts have issued twelve-month price objectives for Red Robin Gourmet Burgers' shares. Their forecasts range from $10.00 to $14.00. On average, they expect Red Robin Gourmet Burgers' share price to reach $12.50 in the next year. This suggests that the stock has a possible downside of 39.4%.
View analysts' price targets for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 2,480,000 shares, a decline of 26.2% from the October 31st total of 3,360,000 shares. Based on an average daily volume of 867,400 shares, the short-interest ratio is currently 2.9 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), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE) and Bloomin' Brands (BLMN).
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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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.54%), State Street Corp (2.97%), Smith Graham & Co. Investment Advisors LP (2.88%), Charles Schwab Investment Management Inc. (1.69%), Royce & Associates LP (1.16%) and Acuitas Investments LLC (1.01%). 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 Quinn Opportunity Partners LLC, Thrivent Financial for Lutherans, Great West Life Assurance Co. Can, and Wells Fargo & Company MN. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Royce & Associates LP, Acuitas Investments LLC, Smith Graham & Co. Investment Advisors LP, Trexquant Investment LP, Great West Life Assurance Co. Can, Foundry Partners LLC, and Connor Clark & Lunn Investment Management 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 $20.64.

Red Robin Gourmet Burgers has a market capitalization of $320.79 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]