Arcos Dorados Stock Price, News & Analysis (NYSE:ARCO)

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

Arcos Dorados announced a quarterly dividend on Friday, March 29th. Stockholders of record on Tuesday, April 9th will be paid a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Monday, April 8th. This is a boost from Arcos Dorados's previous quarterly dividend of $0.03. View Arcos Dorados' Dividend History.

Arcos Dorados announced that its Board of Directors has approved a stock repurchase plan on Tuesday, May 22nd 2018, which authorizes the company to repurchase $60,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Arcos Dorados Holding Inc (NYSE:ARCO) posted its earnings results on Wednesday, August, 7th. The restaurant operator reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The restaurant operator earned $723.75 million during the quarter, compared to analysts' expectations of $736.28 million. Arcos Dorados had a return on equity of 14.97% and a net margin of 1.97%. View Arcos Dorados' Earnings History.

Arcos Dorados is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Arcos Dorados.

Arcos Dorados will be holding an earnings conference call on Wednesday, November 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 Wall Street analysts have issued 12 month target prices for Arcos Dorados' stock. Their predictions range from $8.50 to $11.00. On average, they anticipate Arcos Dorados' stock price to reach $9.75 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for Arcos Dorados.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcos Dorados in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arcos Dorados.

News headlines about ARCO stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arcos Dorados earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news stories about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Arcos Dorados.

Arcos Dorados saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,310,000 shares, a drop of 22.5% from the August 15th total of 1,690,000 shares. Based on an average trading volume of 440,800 shares, the short-interest ratio is presently 3.0 days. Currently, 1.1% of the shares of the company are short sold. View Arcos Dorados' Current Options Chain.

Some companies that are related to Arcos Dorados include Cracker Barrel Old Country Store (CBRL), Texas Roadhouse (TXRH), Main Street Capital (MAIN), Wingstop (WING), Jack in the Box (JACK), Cheesecake Factory (CAKE), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Brinker International (EAT), Denny's (DENN), Dave & Buster's Entertainment (PLAY), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Bojangles (BOJA) and Ruth's Hospitality Group (RUTH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcos Dorados investors own include Wendys (WEN), Pacific Drilling (PACDQ), Lowe's Companies (LOW), Frontier Communications (FTR), Ionis Pharmaceuticals (IONS), JPMorgan Chase & Co. (JPM), Netflix (NFLX), Starbucks (SBUX), Advanced Micro Devices (AMD) and Activision Blizzard (ATVI).

Arcos Dorados' stock is owned by many different of institutional and retail investors. Top institutional shareholders include O Keefe Stevens Advisory Inc. (0.24%), Legato Capital Management LLC (0.15%), Inlet Private Wealth LLC (0.07%), Henry James International Management Inc. (0.03%), Diligent Investors LLC (0.02%) and Moors & Cabot Inc. (0.01%).

ARCO stock was sold by a variety of institutional investors in the last quarter, including Inlet Private Wealth LLC.

ARCO stock was acquired by a variety of institutional investors in the last quarter, including Legato Capital Management LLC, Henry James International Management Inc., Campbell & CO Investment Adviser LLC, Diligent Investors LLC, O Keefe Stevens Advisory Inc. and Moors & Cabot Inc..

Shares of ARCO 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 ARCO stock can currently be purchased for approximately $7.55.

Arcos Dorados has a market capitalization of $1.55 billion and generates $3.08 billion in revenue each year. The restaurant operator earns $36.85 million in net income (profit) each year or $0.18 on an earnings per share basis. Arcos Dorados employs 78,691 workers across the globe.View Additional Information About Arcos Dorados.

The official website for Arcos Dorados is http://www.arcosdorados.com/.

Arcos Dorados' mailing address is Dr. Luis Bonavita 1294 Office 501, Montevideo X3, 11300. The restaurant operator can be reached via phone at 598 2626-3000 or via email at [email protected]