Arcos Dorados - ARCO Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arcos Dorados in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARCO shares.
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5 brokerages have issued 12 month price targets for Arcos Dorados' stock. Their ARCO share price forecasts range from $8.00 to $12.00. On average, they anticipate the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 28.9% 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 decreased by 7.2% and is now trading at $7.76.
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Arcos Dorados saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 454,800 shares, a decline of 16.3% from the February 13th total of 543,100 shares. Based on an average daily trading volume, of 799,600 shares, the days-to-cover ratio is presently 0.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
View our ARCO earnings forecast.

Arcos Dorados Holdings Inc. (NYSE:ARCO) released its earnings results on Wednesday, November, 10th. The restaurant operator reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. The restaurant operator earned $723.36 million during the quarter, compared to the consensus estimate of $712.21 million. Arcos Dorados had a trailing twelve-month return on equity of 56.75% and a net margin of 3.88%. During the same period in the prior year, the company posted ($0.14) EPS.

Arcos Dorados declared a quarterly dividend on Friday, March 17th. Investors of record on Friday, December 22nd will be given 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 2.58%. The ex-dividend date of this dividend 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), Invesco Dynamic Food & Beverage ETF (PBJ), Changebridge Long/Short Equity ETF (CBLS), Changebridge Select Equity ETF (CBSE), Invesco Dynamic Leisure and Entertainment ETF (PEJ), VanEck Brazil Small-Cap ETF (BRF) and Invesco Dynamic Market ETF (PWC).

Arcos Dorados (NYSE:ARCO) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCO will have a dividend payout ratio of 16.44% 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 many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (2.24%), Millennium Management LLC (1.63%), Macquarie Group Ltd. (1.19%), Private Management Group Inc. (1.04%), Marshall Wace LLP (0.90%) and TimesSquare Capital Management LLC (0.77%).

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 $7.76.

Arcos Dorados (NYSE:ARCO) has a market capitalization of $1.63 billion and generates $3.62 billion in revenue each year. The restaurant operator earns $140.34 million in net income (profit) each year or $0.67 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.