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

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CMG shares.
View CMG analyst ratings or view top-rated stocks.

25 brokers have issued 12-month price targets for Chipotle Mexican Grill's stock. Their CMG share price targets range from $1,750.00 to $2,570.00. On average, they anticipate the company's stock price to reach $2,180.78 in the next year. This suggests that the stock has a possible downside of 2.8%.
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Chipotle Mexican Grill's stock was trading at $1,387.49 at the beginning of 2023. Since then, CMG shares have increased by 61.7% and is now trading at $2,242.95.
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Chipotle Mexican Grill saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 793,000 shares, an increase of 25.4% from the October 31st total of 632,600 shares. Based on an average daily trading volume, of 236,300 shares, the days-to-cover ratio is currently 3.4 days. Currently, 2.9% of the company's shares are short sold.
View Chipotle Mexican Grill's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our CMG earnings forecast.

Chipotle Mexican Grill will be holding an earnings conference call on Tuesday, February 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its earnings results on Thursday, October, 26th. The restaurant operator reported $11.36 earnings per share for the quarter, topping the consensus estimate of $10.46 by $0.90. The restaurant operator earned $2.47 billion during the quarter, compared to analyst estimates of $2.47 billion. Chipotle Mexican Grill had a net margin of 12.27% and a trailing twelve-month return on equity of 45.26%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $9.51 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 Century Focused 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's stock is owned by a variety of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (1.86%), FMR LLC (1.64%), American Century Companies Inc. (1.46%), Wellington Management Group LLP (1.45%), Morgan Stanley (1.27%) and Northern Trust Corp (1.03%). 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, Patricia Filikrushel, Pershing Square Capital Manage, Robin S Hickenlooper, Roger E Theodoredis and Scott Boatwright.
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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.
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