NASDAQ:RRGB - Red Robin Gourmet Burgers Stock Price, Forecast & News

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

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) posted its quarterly earnings results on Tuesday, November, 5th. The restaurant operator reported ($0.24) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.22) by $0.02. The restaurant operator had revenue of $294.22 million for the quarter, compared to analyst estimates of $289.52 million. Red Robin Gourmet Burgers had a positive return on equity of 4.89% and a negative net margin of 0.82%. The business's revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. View Red Robin Gourmet Burgers' Earnings History.

Red Robin Gourmet Burgers is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, January, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $302.9-302.9 million, compared to the consensus revenue estimate of $301.48 million.

6 equities research analysts have issued twelve-month target prices for Red Robin Gourmet Burgers' shares. Their forecasts range from $30.00 to $42.00. On average, they expect Red Robin Gourmet Burgers' share price to reach $34.20 in the next year. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Red Robin Gourmet Burgers.

6 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, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Red Robin Gourmet Burgers.

News stories about RRGB stock have trended extremely negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Red Robin Gourmet Burgers earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Red Robin Gourmet Burgers.

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

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), Ford Motor (F), Century Aluminum (CENX), Starbucks (SBUX), CVS Health (CVS), Vivint Solar (VSLR), QUALCOMM (QCOM) and Tesla (TSLA).

Red Robin Gourmet Burgers' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (1.75%), Eidelman Virant Capital (0.07%) and Winslow Evans & Crocker Inc. (0.01%). Company insiders that own Red Robin Gourmet Burgers stock include David Pace, Gerard Johan Hart, Glenn B Kaufman, Guy J Constant, Pattye L Moore, Paul J B Murphy III, Richard J Howell 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 Winslow Evans & Crocker Inc.. View Insider Buying and Selling for Red Robin Gourmet Burgers.

RRGB stock was purchased by a variety of institutional investors in the last quarter, including Eidelman Virant Capital and Wedge Capital Management L L P NC. Company insiders that have bought Red Robin Gourmet Burgers stock in the last two years include David Pace, Gerard Johan Hart, Glenn B Kaufman, Guy J Constant, Paul J B Murphy III and Vintage Capital Management Llc. View Insider Buying and Selling 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 $34.95.

Red Robin Gourmet Burgers has a market capitalization of $452.25 million and generates $1.34 billion in revenue each year. The restaurant operator earns $-6,420,000.00 in net income (profit) each year or $1.73 on an earnings per share basis. Red Robin Gourmet Burgers employs 27,283 workers across the globe.View Additional Information About Red Robin Gourmet Burgers.

The official website for Red Robin Gourmet Burgers is http://www.redrobin.com/.

Red Robin Gourmet Burgers' mailing address is 6312 S. Fiddler's Green Circle Suite 200 N, Greenwood Village CO, 80111. The restaurant operator can be reached via phone at 303-846-6000 or via email at [email protected]