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 declared a quarterly dividend on Friday, March 29th. Investors of record on Tuesday, April 9th will be given a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Monday, April 8th. This is a positive change from Arcos Dorados's previous quarterly dividend of $0.03. View Arcos Dorados' Dividend History.

Arcos Dorados declared that its Board of Directors has initiated a stock repurchase program on Tuesday, May 22nd 2018, which authorizes the company to repurchase $60,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Arcos Dorados Holding Inc (NYSE:ARCO) issued its quarterly earnings results on Wednesday, August, 7th. The restaurant operator reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The restaurant operator had revenue of $723.75 million for the quarter, compared to analyst estimates of $736.28 million. Arcos Dorados had a net margin of 1.97% and a return on equity of 14.97%. 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.

3 brokerages have issued 1-year target prices for Arcos Dorados' shares. Their forecasts 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 48.0% 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 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arcos Dorados.

News articles about ARCO stock have trended somewhat negative recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arcos Dorados earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Arcos Dorados.

Arcos Dorados saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,750,400 shares, an increase of 22.3% from the July 31st total of 1,431,200 shares. Based on an average daily trading volume, of 447,100 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.5% 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), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE), Brinker International (EAT), Papa John's Int'l (PZZA), Denny's (DENN), Dine Brands Global (DIN), Dave & Buster's Entertainment (PLAY), 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 retail and institutional investors. Top institutional shareholders include Nuveen Asset Management LLC (10.14%), Invesco Ltd. (3.88%), International Value Advisers LLC (3.50%), INCA Investments LLC (2.50%), Acadian Asset Management LLC (1.61%) and Morgan Stanley (1.38%).

ARCO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, International Value Advisers LLC, INCA Investments LLC, Marshall Wace LLP, Acadian Asset Management LLC, Consilium Investment Management LLC, Parametric Portfolio Associates LLC and Legato Capital Management LLC.

ARCO stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., SPX Equities Gestao de Recursos Ltda, Charles Schwab Investment Management Inc., Northern Trust Corp, Deltec Asset Management LLC, Vanguard Group Inc. and Barrow Hanley Mewhinney & Strauss LLC.

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 $6.59.

Arcos Dorados has a market capitalization of $1.35 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]