S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot

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

$2,688.78
+0.01 (+0.00%)
(As of 03/1/2024 ET)
Today's Range
$2,679.95
$2,704.99
50-Day Range
$2,213.32
$2,691.56
52-Week Range
$1,470.05
$2,725.83
Volume
165,233 shs
Average Volume
236,133 shs
Market Capitalization
$73.73 billion
P/E Ratio
60.63
Dividend Yield
N/A
Price Target
$2,469.88

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.1% Downside
$2,469.88 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.77mentions of Chipotle Mexican Grill in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$11.61 M Sold Last Quarter
Proj. Earnings Growth
21.50%
From $53.21 to $64.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Retail/Wholesale Sector

21st out of 208 stocks

Eating Places Industry

6th out of 40 stocks


CMG stock logo

About Chipotle Mexican Grill Stock (NYSE:CMG)

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. The company offers burritos, burrito bowls, quesadillas, tacos, and salads. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

CMG Stock Price History

CMG Stock News Headlines

5 stocks growing shareholder equity in 2024
Shareholder equity is among the most important metrics for investors to track. Shareholder equity is the value left to investors after all liabilities are covered and represents the business's intrinsic value.
5 stocks growing shareholder equity in 2024
Shareholder equity is a measure of business value that investors should pay attention to. This is a look at five stocks growing equity in 2024.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Best restaurant stocks to buy now
Sinking your teeth into a juicy burger from your favorite fast-food chain is comfort food at its finest. But as an investor, capitalizing on a flourishing restaurant empire may prove even more delicious.
Best restaurant stocks to buy now  (CMG)
Looking for the best restaurant stocks to buy now? Research your options with MarketBeat, as we feature the best restaurant stocks to consider right now.
Miso 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.
Chipotle Mexican Grill stock heats up; $3,000 is in the way
Chipotle Mexican Grill is smoking the competition and growing its store count, providing leverage for investors aided by share repurchases.
MarketBeat Week in Review – 1/29 - 2/2 (CMG)
Markets remained resilient even after disappointing news from Apple sales in China and a higher-than-expected jobs report delivered a bearish one-two punch
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CMG Mar 2024 2680.000 put
Growth Galore: 7 Stocks Set to Soar Beyond Expectations
CMG Mar 2024 2755.000 call
Chipotle Faces Boycott Calls
See 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.

Company Calendar

Last Earnings
2/06/2024
Today
3/02/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
16965610
Employees
116,068
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$2,469.88
High Stock Price Target
$3,016.00
Low Stock Price Target
$1,750.00
Potential Upside/Downside
-8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
24 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.42%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$56.93 per share
Book Value
$111.67 per share

Miscellaneous

Free Float
27,158,000
Market Cap
$73.73 billion
Optionable
Optionable
Beta
1.29

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Should I Buy Chipotle Mexican Grill Stock? CMG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Chipotle Mexican Grill was last updated on Thursday, February 29, 2024 at 2:18 AM.

Pros

Here are some ways that investors could benefit from investing in Chipotle Mexican Grill, Inc.:

  • Chipotle Mexican Grill, Inc. owns and operates a popular chain of restaurants offering a variety of Mexican-inspired food items like burritos, bowls, quesadillas, tacos, and salads.
  • The company has a strong brand presence and loyal customer base, which can lead to consistent revenue generation.
  • Recent developments in the company's menu innovation and digital ordering options have shown positive results, attracting more customers and increasing sales.
  • Chipotle Mexican Grill, Inc. has been focusing on sustainability and ethical sourcing practices, which can appeal to socially conscious investors.
  • Despite fluctuations, the current stock price of Chipotle Mexican Grill, Inc. has shown resilience and potential for growth in the future.

Cons

Investors should be bearish about investing in Chipotle Mexican Grill, Inc. for these reasons:

  • While the company has shown growth, it also faces stiff competition in the fast-casual dining industry, which could impact its market share and profitability.
  • Chipotle Mexican Grill, Inc. has experienced challenges related to food safety in the past, which could affect consumer trust and brand reputation.
  • The company's success is closely tied to consumer preferences and economic conditions, making it susceptible to market fluctuations and trends.
  • Investing in the restaurant industry can be volatile, with factors like changing consumer tastes, labor costs, and commodity prices affecting profitability.
  • While the company has made efforts towards sustainability, investors should consider the potential costs and challenges associated with maintaining these practices.














CMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Chipotle Mexican Grill stock right now?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 8 hold ratings and 16 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 target for 2024?

24 Wall Street research analysts have issued 1 year price targets for Chipotle Mexican Grill's shares. Their CMG share price targets range from $1,750.00 to $3,016.00. On average, they expect the company's stock price to reach $2,469.88 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts price targets for CMG
or view top-rated stocks among Wall Street analysts.

How have CMG shares performed in 2024?

Chipotle Mexican Grill's stock was trading at $2,286.96 at the beginning of 2024. Since then, CMG shares have increased by 17.6% and is now trading at $2,688.78.
View the best growth stocks for 2024 here
.

Are investors shorting Chipotle Mexican Grill?

Chipotle Mexican Grill saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 669,200 shares, a decrease of 17.3% from the January 31st total of 809,300 shares. Based on an average daily volume of 203,900 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.5% of the shares of the stock are sold short.
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 Tuesday, April 23rd 2024.
View our CMG earnings forecast
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its earnings results on Tuesday, February, 6th. The restaurant operator reported $10.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.73 by $0.63. The restaurant operator earned $2.52 billion during the quarter, compared to the consensus estimate of $2.49 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 44.41% and a net margin of 12.45%. The business's revenue for the quarter was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.29 EPS.
Read the conference call transcript
.

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 Xtrackers California Municipal Bond ETF (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).

Who are Chipotle Mexican Grill's major shareholders?

Chipotle Mexican Grill's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.87%), Capital World Investors (4.11%), Price T Rowe Associates Inc. MD (4.09%), Capital International Investors (3.38%), Pershing Square Capital Management L.P. (3.01%) and Edgewood Management LLC (2.65%). 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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:CMG) was last updated on 3/2/2024 by MarketBeat.com Staff