NYSE:ARCO - Arcos Dorados Stock Price, Forecast & News

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 given a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 annualized dividend and a dividend yield of 2.87%. 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 authorized a share 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 usually an indication that the company's board of directors believes its stock is undervalued.

Arcos Dorados Holding Inc (NYSE:ARCO) posted its quarterly earnings data on Wednesday, May, 9th. The restaurant operator reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.02. The restaurant operator earned $849.89 million during the quarter. Arcos Dorados had a return on equity of 14.86% and a net margin of 1.90%. View Arcos Dorados' Earnings History.

Arcos Dorados is scheduled to release their next quarterly earnings announcement on Wednesday, March 18th 2020. View Earnings Estimates for Arcos Dorados.

Arcos Dorados will be holding an earnings conference call on Wednesday, March 18th 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 equities research analysts have issued twelve-month target prices for Arcos Dorados' shares. Their forecasts range from $8.50 to $9.00. On average, they anticipate Arcos Dorados' stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 25.7% 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 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arcos Dorados.

Media stories about ARCO stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Arcos Dorados earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Arcos Dorados.

Arcos Dorados saw a increase in short interest in January. As of January 31st, there was short interest totalling 673,800 shares, an increase of 6.3% from the January 15th total of 633,900 shares. Based on an average trading volume of 556,300 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the company's stock are sold short. View Arcos Dorados' Current Options Chain.

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

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

Arcos Dorados' stock is owned by a variety of of institutional and retail investors. Top institutional investors include INCA Investments LLC (2.70%), Moerus Capital Management LLC (2.56%), Acadian Asset Management LLC (1.51%), Driehaus Capital Management LLC (0.55%), JGP Global Gestao de Recursos Ltda. (0.46%) and Charles Schwab Investment Management Inc. (0.35%).

ARCO stock was sold by a variety of institutional investors in the last quarter, including Moerus Capital Management LLC, Legato Capital Management LLC, Marshall Wace North America L.P., Acadian Asset Management LLC, Thomas White International Ltd., Black Creek Investment Management Inc., O Keefe Stevens Advisory Inc. and Inlet Private Wealth LLC.

ARCO stock was bought by a variety of institutional investors in the last quarter, including JGP Global Gestao de Recursos Ltda., Driehaus Capital Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Charles Schwab Investment Management Inc., INCA Investments LLC, Renaissance Technologies LLC, Marshall Wace LLP and Connor Clark & Lunn Investment Management Ltd..

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 $6.96.

Arcos Dorados has a market capitalization of $1.43 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]