Del Taco Restaurants Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Del Taco Restaurants stock.
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Del Taco Restaurants saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 606,000 shares, a decline of 22.7% from the December 31st total of 783,700 shares. Based on an average daily volume of 414,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.9% of the company's shares are short sold.
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Del Taco Restaurants is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Del Taco Restaurants.

Del Taco Restaurants will be holding an earnings conference call on Monday, March 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Del Taco Restaurants, Inc. (NASDAQ:TACO) posted its earnings results on Thursday, October, 15th. The restaurant operator reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. The restaurant operator earned $120.78 million during the quarter, compared to analyst estimates of $120.36 million. Del Taco Restaurants had a positive trailing twelve-month return on equity of 5.43% and a negative net margin of 42.94%.
View Del Taco Restaurants' earnings history.

Del Taco Restaurants' stock was trading at $4.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TACO stock has increased by 127.8% and is now trading at $10.80.
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Del Taco Restaurants announced a -- dividend on Wednesday, January 13th. Shareholders of record on Tuesday, February 2nd will be paid a dividend of $0.04 per share on Tuesday, February 23rd. The ex-dividend date is Monday, February 1st.
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 1.59%. The dividend payout ratio of Del Taco Restaurants is 34.04%. 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 39.02% next year. This indicates that Del Taco Restaurants will be able to sustain or increase its dividend.
View Del Taco Restaurants' dividend history.

Del Taco Restaurants issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Tuesday, January, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $156.1-156.1 million, compared to the consensus revenue estimate of $155.34 million.

4 analysts have issued twelve-month target prices for Del Taco Restaurants' shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate Del Taco Restaurants' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
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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 Dine Brands Global (DIN), BJ's Restaurants (BJRI), Denny's (DENN), Arcos Dorados (ARCO), Chuy's (CHUY), Ruth's Hospitality Group (RUTH), El Pollo Loco (LOCO), RCI Hospitality (RICK), Red Robin Gourmet Burgers (RRGB), Noodles & Company (NDLS), Fiesta Restaurant Group (FRGI), Carrols Restaurant Group (TAST), Biglari (BH), LiveXLive Media (LIVX) and Kura Sushi USA (KRUS).
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 a variety of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (8.13%), Dimensional Fund Advisors LP (6.50%), BlackRock Inc. (5.52%), Wells Fargo & Company MN (1.73%), Renaissance Technologies LLC (1.42%) and Northern Trust Corp (0.85%). Company insiders that own Del Taco Restaurants stock include Ari B Levy, David Pear, 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 Assenagon Asset Management S.A., THB Asset Management, BlackRock Inc., Dimensional Fund Advisors LP, GSA Capital Partners LLP, Nuveen Asset Management LLC, Alta Capital Management LLC, and Alliancebernstein L.P..
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TACO stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Russell Investments Group Ltd., Boston Partners, Boston Partners, Jefferies Group LLC, AdvisorShares Investments LLC, Bank of New York Mellon Corp, and Public Employees Retirement System of Ohio. 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.
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One share of TACO stock can currently be purchased for approximately $10.80.

Del Taco Restaurants has a market capitalization of $403.11 million and generates $512.95 million in revenue each year. The restaurant operator earns $-118,290,000.00 in net income (profit) each year or $0.47 on an earnings per share basis.

Del Taco Restaurants employs 7,844 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]