Del Taco Restaurants Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Del Taco Restaurants stock.
View analyst ratings for Del Taco Restaurants or view top-rated stocks.

Wall Street analysts have given Del Taco Restaurants a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Del Taco Restaurants wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Del Taco Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, October 21st 2021.
View our earnings forecast for Del Taco Restaurants.

Del Taco Restaurants, Inc. (NASDAQ:TACO) posted its quarterly earnings data on Thursday, July, 22nd. The restaurant operator reported $0.16 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.04. The restaurant operator earned $124.97 million during the quarter, compared to analyst estimates of $122.79 million. Del Taco Restaurants had a net margin of 4.24% and a trailing twelve-month return on equity of 10.39%.
View Del Taco Restaurants' earnings history.

Del Taco Restaurants' stock was trading at $4.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TACO shares have increased by 80.6% and is now trading at $8.56.
View which stocks have been most impacted by COVID-19.

Del Taco Restaurants declared a quarterly dividend on Thursday, July 22nd. Stockholders of record on Wednesday, August 11th will be paid a dividend of $0.04 per share on Wednesday, August 25th. This represents a $0.16 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Tuesday, August 10th.
View Del Taco Restaurants' dividend history.

Del Taco Restaurants pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.90%. The dividend payout ratio of Del Taco Restaurants is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Del Taco Restaurants will have a dividend payout ratio of 29.09% next year. This indicates that Del Taco Restaurants will be able to sustain or increase its dividend.
View Del Taco Restaurants' dividend history.

3 analysts have issued 12-month price objectives for Del Taco Restaurants' stock. Their forecasts range from $13.00 to $15.00. On average, they anticipate Del Taco Restaurants' stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price.
View analysts' price targets for Del Taco Restaurants or view top-rated stocks among Wall Street analysts.

104 employees have rated Del Taco Restaurants CEO Paul J. B. Murphy III on Glassdoor.com. Paul J. B. Murphy III has an approval rating of 82% among Del Taco Restaurants' employees.

Some companies that are related to Del Taco Restaurants include Arcos Dorados (ARCO), Denny's (DENN), BJ's Restaurants (BJRI), Ruth's Hospitality Group (RUTH), El Pollo Loco (LOCO), Chuy's (CHUY), RCI Hospitality (RICK), Noodles & Company (NDLS), Kura Sushi USA (KRUS), Biglari (BH), Red Robin Gourmet Burgers (RRGB), The ONE Group Hospitality (STKS), Fiesta Restaurant Group (FRGI), LiveXLive Media (LIVX) and Nathan's Famous (NATH).
View all of TACO's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Del Taco Restaurants investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), The Boeing (BA), The Walt Disney (DIS), QUALCOMM (QCOM), Ford Motor (F), Intel (INTC), Alibaba Group (BABA) and Energy Transfer (ET).

Del Taco Restaurants trades on the NASDAQ under the ticker symbol "TACO."

Del Taco Restaurants' stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital International Investors (6.60%), BlackRock Inc. (5.81%), Dimensional Fund Advisors LP (5.78%), Vanguard Group Inc. (5.33%), Russell Investments Group Ltd. (5.13%) and Prudential Financial Inc. (2.47%). Company insiders that own Del Taco Restaurants stock include Ari B Levy, Eileen A Aptman and Lawrence F Levy.
View institutional ownership trends for Del Taco Restaurants.

TACO stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of Montreal Can, BlackRock Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Boston Partners, and Prudential Financial Inc..
View insider buying and selling activity for Del Taco Restaurants or view top insider-selling stocks.

TACO stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, JPMorgan Chase & Co., GSA Capital Partners LLP, Wells Fargo & Company MN, North Star Investment Management Corp., Royal Bank of Canada, Victory Capital Management Inc., and Vanguard Group Inc.. Company insiders that have bought Del Taco Restaurants stock in the last two years include Ari B Levy, Eileen A Aptman, and Lawrence F Levy.
View insider buying and selling activity for Del Taco Restaurants or or view top insider-buying stocks.

Shares of TACO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of TACO stock can currently be purchased for approximately $8.56.

Del Taco Restaurants has a market capitalization of $311.52 million and generates $491.88 million in revenue each year. The restaurant operator earns $-89,740,000.00 in net income (profit) each year or $0.36 on an earnings per share basis.

Del Taco Restaurants employs 7,892 workers across the globe.

The official website for Del Taco Restaurants is www.deltaco.com.

Del Taco Restaurants is headquartered at 25521 COMMERCENTRE DRIVE, LAKE FOREST CA, 92630.

Del Taco Restaurants' mailing address is 25521 COMMERCENTRE DRIVE, LAKE FOREST CA, 92630. The restaurant operator can be reached via phone at (949) 462-9300 or via email at [email protected]