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 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 2.48%. The ex-dividend date 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 declared that its Board of Directors has initiated a share repurchase program on Tuesday, May 22nd 2018, which allows the company to buyback $60,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 3.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Arcos Dorados Holding Inc (NYSE:ARCO) issued its quarterly earnings data on Wednesday, November, 13th. The restaurant operator reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.04. The restaurant operator earned $749.97 million during the quarter, compared to analysts' expectations of $733.94 million. 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 25th 2020. View Earnings Estimates for Arcos Dorados.

3 brokers have issued twelve-month target prices for Arcos Dorados' shares. Their forecasts range from $8.50 to $11.00. On average, they anticipate Arcos Dorados' share price to reach $9.75 in the next twelve months. This suggests a possible upside of 20.8% 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 trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Arcos Dorados earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for Arcos Dorados.

Arcos Dorados saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 633,900 shares, a drop of 26.5% from the December 15th total of 862,100 shares. Based on an average trading volume of 512,800 shares, the short-interest ratio is currently 1.2 days. Currently, 0.5% of the shares of the company 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), Main Street Capital (MAIN), Wingstop (WING), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Jack in the Box (JACK), Cheesecake Factory (CAKE), Brinker International (EAT), Dine Brands Global (DIN), 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), Starbucks (SBUX), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and Intel (INTC).

Arcos Dorados' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include O Keefe Stevens Advisory Inc. (0.23%) and Inlet Private Wealth LLC (0.07%).

ARCO stock was sold by a variety of institutional investors in the last quarter, including O Keefe Stevens Advisory Inc. and Inlet Private Wealth 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 $8.07.

Arcos Dorados has a market capitalization of $1.66 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]