Arcos Dorados - ARCO Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arcos Dorados in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARCO shares.
View ARCO analyst ratings or view top-rated stocks.

6 brokers have issued 1-year target prices for Arcos Dorados' stock. Their ARCO share price forecasts range from $8.00 to $12.00. On average, they predict the company's share price to reach $9.75 in the next year. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for ARCO or view top-rated stocks among Wall Street analysts.

Arcos Dorados' stock was trading at $8.36 at the beginning of the year. Since then, ARCO shares have increased by 3.8% and is now trading at $8.68.
View the best growth stocks for 2023 here.

Arcos Dorados saw a increase in short interest in January. As of January 15th, there was short interest totaling 696,700 shares, an increase of 90.3% from the December 31st total of 366,100 shares. Based on an average daily volume of 892,600 shares, the days-to-cover ratio is currently 0.8 days.
View Arcos Dorados' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our ARCO earnings forecast.

Arcos Dorados Holdings Inc. (NYSE:ARCO) issued its quarterly earnings data on Wednesday, November, 16th. The restaurant operator reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.10. The restaurant operator had revenue of $916.34 million for the quarter, compared to analysts' expectations of $899.48 million. Arcos Dorados had a trailing twelve-month return on equity of 59.43% and a net margin of 3.89%.

Arcos Dorados announced a quarterly dividend on Tuesday, March 15th. Stockholders of record on Monday, December 26th will be given a dividend of $0.03 per share on Friday, December 30th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, December 22nd.
Read our dividend analysis for ARCO.

Arcos Dorados (NYSE:ARCO) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.37%. The dividend payout ratio is 19.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCO will have a dividend payout ratio of 21.05% 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 retail and institutional investors. Top institutional shareholders include O Keefe Stevens Advisory Inc. (0.25%), M&G Investment Management Ltd. (0.19%), Deltec Asset Management LLC (0.16%), Acorn Financial Advisory Services Inc. ADV (0.09%), Diligent Investors LLC (0.04%) and FNY Investment Advisers LLC (0.02%).

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.
Compare Top Brokerages Here.

One share of ARCO stock can currently be purchased for approximately $8.68.

Arcos Dorados (NYSE:ARCO) has a market capitalization of $1.83 billion and generates $2.66 billion in revenue each year. The restaurant operator earns $45.49 million in net income (profit) each year or $0.63 on an earnings per share basis.

The company employs 81,256 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.