Arcos Dorados (ARCO) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcos Dorados in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARCO shares.
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3 brokerages have issued 1-year target prices for Arcos Dorados' stock. Their ARCO share price forecasts range from $10.00 to $12.00. On average, they expect the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
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Arcos Dorados' stock was trading at $8.36 at the start of the year. Since then, ARCO stock has increased by 5.6% and is now trading at $8.83.
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Arcos Dorados saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 999,400 shares, an increase of 28.0% from the April 15th total of 780,500 shares. Based on an average trading volume of 740,700 shares, the days-to-cover ratio is presently 1.3 days.
View Arcos Dorados' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our ARCO earnings forecast.

Arcos Dorados Holdings Inc. (NYSE:ARCO) released its quarterly earnings results on Wednesday, March, 15th. The restaurant operator reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The restaurant operator had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.03 billion. Arcos Dorados had a trailing twelve-month return on equity of 55.24% and a net margin of 4.01%.

Arcos Dorados announced a quarterly dividend on Friday, March 17th. Stockholders of record on Friday, December 22nd will be paid a dividend of $0.05 per share on Wednesday, December 27th. This represents a $0.20 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Thursday, December 21st.
Read our dividend analysis for ARCO.

ETFs with the largest weight of Arcos Dorados (NYSE:ARCO) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Global X MSCI Argentina ETF (ARGT), Changebridge Select Equity ETF (CBSE), Changebridge Long/Short Equity ETF (CBLS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Invesco Dynamic Food & Beverage ETF (PBJ) and VanEck Brazil Small-Cap ETF (BRF).Invesco Dynamic Market ETF (PWC).

Arcos Dorados (NYSE:ARCO) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCO will have a dividend payout ratio of 24.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcos Dorados investors own include Wendy's (WEN), Pacific Drilling (PACDQ), Lowe's Companies (LOW), Frontier Communications (FTR), Ionis Pharmaceuticals (IONS), Advanced Micro Devices (AMD), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA) and EPR Properties (EPR).

Arcos Dorados trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARCO."

Arcos Dorados' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Moerus Capital Management LLC (1.86%), Private Management Group Inc. (1.11%), Macquarie Group Ltd. (0.93%), TimesSquare Capital Management LLC (0.72%), JPMorgan Chase & Co. (0.65%) and BW Gestao de Investimentos Ltda. (0.64%).

Shares of ARCO stock 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 ARCO stock can currently be purchased for approximately $8.83.

Arcos Dorados (NYSE:ARCO) has a market capitalization of $1.86 billion and generates $3.62 billion in revenue each year. The restaurant operator earns $140.34 million in net income (profit) each year or $0.73 on an earnings per share basis.

The company employs 93,647 workers across the globe.

Arcos Dorados' mailing address is Dr. Luis Bonavita 1294 Office 501, Montevideo X3, 11300. The official website for the company is www.arcosdorados.com. The restaurant operator can be reached via phone at (982) 626-3000, via email at ir@ar.mcd.com, or via fax at 598 2626-3018.