Chipotle Mexican Grill (CMG) Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMG shares.
View CMG analyst ratings or view top-rated stocks.

25 brokerages have issued twelve-month target prices for Chipotle Mexican Grill's shares. Their CMG share price forecasts range from $1,657.00 to $2,570.00. On average, they predict the company's share price to reach $2,153.78 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for CMG or view top-rated stocks among Wall Street analysts.

Chipotle Mexican Grill's stock was trading at $1,387.49 at the beginning of the year. Since then, CMG shares have increased by 32.4% and is now trading at $1,837.19.
View the best growth stocks for 2023 here.

Chipotle Mexican Grill saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 652,800 shares, an increase of 10.8% from the August 31st total of 589,400 shares. Based on an average trading volume of 258,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.4% of the shares of the company are sold short.
View Chipotle Mexican Grill's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CMG earnings forecast.

Chipotle Mexican Grill will be holding an earnings conference call on Thursday, October 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Chipotle Mexican Grill, Inc. (NYSE:CMG) issued its earnings results on Wednesday, July, 26th. The restaurant operator reported $12.65 EPS for the quarter, topping analysts' consensus estimates of $12.25 by $0.40. The restaurant operator earned $2.51 billion during the quarter, compared to the consensus estimate of $2.53 billion. Chipotle Mexican Grill had a net margin of 12.00% and a trailing twelve-month return on equity of 45.85%. Chipotle Mexican Grill's revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $9.30 EPS.
Read the conference call transcript.

ETFs with the largest weight of Chipotle Mexican Grill (NYSE:CMG) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), IQ Winslow Focused Large Cap Growth ETF (IWFG), Invesco Food & Beverage ETF (PBJ), 2ndVote Life Neutral Plus ETF (LYFE), Gabelli Growth Innovators ETF (GGRW), Invesco Leisure and Entertainment ETF (PEJ), American CenturyFocused Dynamic Growth ETF (FDG) and BTD Capital Fund (DIP).

1,104 employees have rated Chipotle Mexican Grill Chief Executive Officer Brian Niccol on Glassdoor.com. Brian Niccol has an approval rating of 70% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chipotle Mexican Grill investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), AutoZone (AZO), Accenture (ACN) and Zoetis (ZTS).

Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."

Chipotle Mexican Grill's stock is owned by many different retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.03%) and Appleton Partners Inc. MA (0.02%). Insiders that own company stock include Albert S Baldocchi, Brian R Niccol, Brian R Niccol, Christopher W Brandt, Curtis E Garner, Curtis E Garner, Jack Hartung, John J Scelfo, Laurie Schalow, Marissa Andrada, Matt Carey, Neil Flanzraich, Pershing Square Capital Manage, Robin S Hickenlooper, Roger E Theodoredis and Scott Boatwright.
View institutional ownership trends.

Shares of CMG 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.
Compare Top Brokerages Here.

One share of CMG stock can currently be purchased for approximately $1,837.19.

Chipotle Mexican Grill (NYSE:CMG) has a market capitalization of $50.69 billion and generates $8.63 billion in revenue each year. The restaurant operator earns $899.10 million in net income (profit) each year or $40.04 on an earnings per share basis.

The company employs 104,958 workers across the globe.

Chipotle Mexican Grill's mailing address is 610 Newport Center Drive Suite 1300, Newport Beach CA, 92660. The official website for the company is www.chipotle.com. The restaurant operator can be reached via phone at (949) 524-4000, via email at ir@chipotle.com, or via fax at 302-674-5266.