Most-Downgraded StocksMost-DowngradedNYSE:CMG Chipotle Mexican Grill (CMG) Stock Forecast, Price & News $1,867.13 +35.30 (+1.93%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$1,828.85▼$1,868.9850-Day Range$1,806.08▼$2,092.3152-Week Range$1,344.05▼$2,175.01Volume197,271 shsAverage Volume212,411 shsMarket Capitalization$51.51 billionP/E Ratio46.63Dividend YieldN/APrice Target$2,153.78 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Chipotle Mexican Grill MarketRank™ ForecastAnalyst RatingModerate Buy2.72 Rating ScoreUpside/Downside15.4% Upside$2,153.78 Price TargetShort InterestHealthy2.38% of Float Sold ShortDividend StrengthN/ASustainability-1.96Upright™ Environmental ScoreNews Sentiment0.76Based on 18 Articles This WeekInsider TradingSelling Shares$6.43 M Sold Last QuarterProj. Earnings Growth20.81%From $43.21 to $52.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsRetail/Wholesale Sector66th out of 216 stocksEating Places Industry16th out of 40 stocks 3.4 Analyst's Opinion Consensus RatingChipotle Mexican Grill has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on 18 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,153.78, Chipotle Mexican Grill has a forecasted upside of 15.4% from its current price of $1,867.13.Amount of Analyst CoverageChipotle Mexican Grill has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.38% of the float of Chipotle Mexican Grill has been sold short.Short Interest Ratio / Days to CoverChipotle Mexican Grill has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chipotle Mexican Grill has recently increased by 10.76%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldChipotle Mexican Grill does not currently pay a dividend.Dividend GrowthChipotle Mexican Grill does not have a long track record of dividend growth. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChipotle Mexican Grill has received a -2.22% net impact score from Upright. The largest negative impact of Chipotle Mexican Grill in category "Physical diseases" seems to be driven mostly by its "Tortilla chips", "Sugar-sweetened soft drinks", and "Vodka-based premixed drinks" products. See details.Environmental SustainabilityThe Environmental Impact score for Chipotle Mexican Grill is -1.96. Previous Next 3.2 News and Social Media Coverage News SentimentChipotle Mexican Grill has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Chipotle Mexican Grill this week, compared to 12 articles on an average week.Search InterestOnly 26 people have searched for CMG on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.MarketBeat Follows22 people have added Chipotle Mexican Grill to their MarketBeat watchlist in the last 30 days. This is an increase of 267% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chipotle Mexican Grill insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,434,541.00 in company stock.Percentage Held by InsidersOnly 0.96% of the stock of Chipotle Mexican Grill is held by insiders.Percentage Held by Institutions91.19% of the stock of Chipotle Mexican Grill is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chipotle Mexican Grill are expected to grow by 20.81% in the coming year, from $43.21 to $52.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chipotle Mexican Grill is 46.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Chipotle Mexican Grill is 46.63, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.58.Price to Earnings Growth RatioChipotle Mexican Grill has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChipotle Mexican Grill has a P/B Ratio of 21.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chipotle Mexican Grill (NYSE:CMG) StockChipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California.Read More CMG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMG Stock News HeadlinesOctober 2, 2023 | marketbeat.com5 Reasons Why Arcos Dorados Is A Perfect Investment for 2024 (CMG)Arcos Dorados is the largest McDonald's franchisee and is expected to produce industry and market-leading growth in 2024.September 29, 2023 | marketbeat.com5 Stocks That Have Massive Upside According to Analysts (CMG)Analyst ratings are frequently a solid predictor of future stock price movement; here are five stocks that analysts believe have massive upside.October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 19, 2023 | marketbeat.com3 Not So Cyclical Restaurant Stocks To Cushion FED HikesThese are the top-rated restaurant stocks bringing investors all the upside, without the inherent cyclicality and volatility that comes with the industrySeptember 14, 2023 | marketbeat.com3 Fast Food Stocks To Fill Up Your Q4 Portfolio (CMG)Using MarketBeat’s Stock Screener tool is an easy way to sort the quality from the noise. Here are three fast food names that stand out immediatelySeptember 8, 2023 | marketbeat.comMiso Robotics Stock: Is an IPO Coming Soon? (CMG)Can you buy Miso Robotics stock? Miso Robotics is not yet publicly traded, but there are other ways to get in on this branch of AI. Learn more.September 7, 2023 | marketbeat.comIs Shake Shack's Major Growth Priced In? Buy the Dip Opportunity (CMG)Shake Shack's recent pull back may be an opportunity for investors to buy the dip, as there are still upside surprises not yet priced into the stockOctober 2, 2023 | benzinga.comChipotle Mexican Grill Unusual Options Activity For October 02October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 30, 2023 | finance.yahoo.comFederal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijabSeptember 29, 2023 | finance.yahoo.comLooking to Buy Cava Stock? Consider This Magnificent Restaurant Stock InsteadSeptember 29, 2023 | seekingalpha.comChipotle: Overvalued From A Value StandpointSeptember 28, 2023 | seekingalpha.comChipotle: Keep This Amazing Growth Stock On Your WatchlistSeptember 28, 2023 | seekingalpha.comChipotle Vs. CAVA: Which Is The Better Buy?September 28, 2023 | finance.yahoo.comWhy Is Everyone Talking About Cava?September 28, 2023 | americanbankingnews.comChipotle Mexican Grill, Inc. (NYSE:CMG) Given Average Recommendation of "Moderate Buy" by BrokeragesSeptember 27, 2023 | finance.yahoo.comSpice Up Your Portfolio With This Chipotle Stock Option TradeSeptember 25, 2023 | thestreet.comChipotle (CMG) Still Struggling After E. Coli Outbreak, Bloomberg TV ReportsSeptember 25, 2023 | finance.yahoo.com11 Beaten-Up Growth Stocks That Look Like Buys, Says CitiSeptember 20, 2023 | usatoday.comChipotle Mexican Grill to open restaurant in downtown Detroit next springSeptember 16, 2023 | finance.yahoo.comClimate change: How food and beverage execs are planning for 'rapidly escalating' weather eventsSeptember 15, 2023 | msn.comTruist Securities Reiterates Chipotle Mexican Grill (CMG) Buy RecommendationSeptember 15, 2023 | finance.yahoo.comStrength Seen in Yum China (YUMC): Can Its 5.5% Jump Turn into More Strength?September 14, 2023 | finance.yahoo.comCHIPOTLE APPOINTS LAURA FUENTES TO ITS BOARD OF DIRECTORSSeptember 14, 2023 | finance.yahoo.comWall Street Analysts Look Bullish on Chipotle (CMG): Should You Buy?September 13, 2023 | finance.yahoo.comCHIPOTLE'S FAN-FAVORITE CARNE ASADA IS BACK ON THE GRILL FOR A LIMITED TIMESeptember 12, 2023 | finance.yahoo.comHere's Why We Think Chipotle Mexican Grill (NYSE:CMG) Might Deserve Your Attention TodaySee More Headlines Receive CMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chipotle Mexican Grill and its competitors with MarketBeat's FREE daily newsletter. Email Address CMG Company Calendar Last Earnings7/26/2023Today10/03/2023Next Earnings (Confirmed)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNYSE:CMG CUSIP16965610 CIK1058090 Webwww.chipotle.com Phone(949) 524-4000Fax302-674-5266Employees104,958Year Founded1993Price Target and Rating Average Stock Price Forecast$2,153.78 High Stock Price Forecast$2,570.00 Low Stock Price Forecast$1,657.00 Forecasted Upside/Downside+15.4%Consensus RatingModerate Buy Rating Score (0-4)2.72 Research Coverage25 Analysts Profitability EPS (Most Recent Fiscal Year)$40.04 Trailing P/E Ratio46.63 Forward P/E Ratio43.21 P/E Growth1.57Net Income$899.10 million Net Margins12.00% Pretax Margin15.81% Return on Equity45.85% Return on Assets16.08% Debt Debt-to-Equity RatioN/A Current Ratio1.58 Quick Ratio1.55 Sales & Book Value Annual Sales$8.63 billion Price / Sales5.97 Cash Flow$44.37 per share Price / Cash Flow42.08 Book Value$85.42 per share Price / Book21.86Miscellaneous Outstanding Shares27,590,000Free Float27,323,000Market Cap$51.51 billion OptionableOptionable Beta1.30 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Brian R. Niccol (Age 49)Chairman & CEO Comp: $3.68MMr. John R. Hartung (Age 66)CFO & Chief Admin. Officer Comp: $1.84MMr. Scott Boatwright (Age 50)Chief Operating Officer Comp: $1.08MMr. Curtis E. Garner III (Age 53)Chief Customer & Technology Officer Comp: $1.52MMr. Christopher Brandt (Age 54)Chief Brand Officer Comp: $1.34MMs. Cynthia Henn Olsen CFAHead of Investor Relations & StrategyMr. Roger E. Theodoredis (Age 64)Chief Legal Officer, Gen. Counsel & Corp. Sec. Dr. James Marsden Ph.D.Exec. Director of Food SafetyMr. Jim SlaterManaging Director of EuropeMs. Laurie Schalow (Age 55)Chief Corp. Affairs & Food Safety Officer More ExecutivesKey CompetitorsYum! BrandsNYSE:YUMDarden RestaurantsNYSE:DRIMcDonald'sNYSE:MCDYum ChinaNYSE:YUMCRestaurant Brands InternationalNYSE:QSRView All CompetitorsInsiders & InstitutionsPark National Corp OHBought 775 shares on 10/2/2023Ownership: 0.032%Davidson Kempner Capital Management LPBought 977 shares on 9/12/2023Ownership: 0.004%Brian R NiccolSold 1,058 sharesTotal: $2.04 M ($1,928.16/share)Chapin Davis Inc.Bought 479 shares on 8/30/2023Ownership: 0.002%Western Wealth Management LLCBought 23 shares on 8/30/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions CMG Stock - Frequently Asked Questions Should I buy or sell Chipotle Mexican Grill stock right now? 25 Wall Street equities 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 equities research analysts is that investors should "moderate buy" CMG shares. View CMG analyst ratings or view top-rated stocks. What is Chipotle Mexican Grill's stock price forecast for 2023? 25 brokers have issued 1 year price objectives 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 stock price to reach $2,153.78 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for CMG or view top-rated stocks among Wall Street analysts. How have CMG shares performed in 2023? Chipotle Mexican Grill's stock was trading at $1,387.49 at the beginning of the year. Since then, CMG shares have increased by 34.6% and is now trading at $1,867.13. View the best growth stocks for 2023 here. Are investors shorting Chipotle Mexican Grill? 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 daily volume of 258,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.4% of the company's stock are short sold. View Chipotle Mexican Grill's Short Interest. When is Chipotle Mexican Grill's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our CMG earnings forecast. How can I listen to Chipotle Mexican Grill's earnings call? 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. How were Chipotle Mexican Grill's earnings last quarter? Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its quarterly earnings results on Wednesday, July, 26th. The restaurant operator reported $12.65 earnings per share for the quarter, topping the consensus estimate of $12.25 by $0.40. The restaurant operator had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.53 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 45.85% and a net margin of 12.00%. The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.30 earnings per share. Read the conference call transcript. What ETFs hold Chipotle Mexican Grill's stock? 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). What is Brian Niccol's approval rating as Chipotle Mexican Grill's CEO? 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. What other stocks do shareholders of Chipotle Mexican Grill own? 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). What is Chipotle Mexican Grill's stock symbol? Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG." Who are Chipotle Mexican Grill's major shareholders? Chipotle Mexican Grill's stock is owned by many different institutional and retail investors. Top institutional investors include Park National Corp OH (0.03%). 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, Pershing Square Capital Manage, Robin S Hickenlooper, Roger E Theodoredis and Scott Boatwright. View institutional ownership trends. How do I buy shares of Chipotle Mexican Grill? 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. What is Chipotle Mexican Grill's stock price today? One share of CMG stock can currently be purchased for approximately $1,867.13. How much money does Chipotle Mexican Grill make? Chipotle Mexican Grill (NYSE:CMG) has a market capitalization of $51.51 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. How many employees does Chipotle Mexican Grill have? The company employs 104,958 workers across the globe. Does Chipotle Mexican Grill have any subsidiaries? The following companies are subsidiares of Chipotle Mexican Grill: CMG Concessions LLC, CMG Pepper LLC, CMG Strategy Co. LLC, CMG of Prince Georges LLC, CMGGC LLC, Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, Chipotle Mexican Grill Germany GMBH, Chipotle Mexican Grill Holdings GmbH, Chipotle Mexican Grill Management GmbH, Chipotle Mexican Grill Texas Holdings LLC, Chipotle Mexican Grill U.S. Finance Co. LLC, Chipotle Mexican Grill UK Limited, Chipotle Mexican Grill of Berwyn Heights LLC, Chipotle Mexican Grill of Colorado LLC, Chipotle Mexican Grill of Kansas LLC, Chipotle Mexican Grill of Maryland LLC, Chipotle Services LLC, Chipotle Texas LLC, EMEA Tortilla Ltd., N793WF Lease LLC, PL Restaurant Holdings LLC, and PL Restaurant LLC.Read More How can I contact Chipotle Mexican Grill? 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. This page (NYSE:CMG) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chipotle Mexican Grill, Inc. 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