Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
Industry, Sector and Symbol
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Phone303-595-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.86 billion
Profitability
Miscellaneous
Employees73,000
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
Chipotle Mexican Grill (NYSE:CMG) Frequently Asked Questions
What is Chipotle Mexican Grill's stock symbol?
Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."
How were Chipotle Mexican Grill's earnings last quarter?
Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its quarterly earnings results on Tuesday, July, 23rd. The restaurant operator reported $3.99 EPS for the quarter, topping analysts' consensus estimates of $3.68 by $0.31. The restaurant operator earned $1.43 billion during the quarter, compared to analysts' expectations of $1.41 billion. Chipotle Mexican Grill had a return on equity of 21.50% and a net margin of 4.80%. Chipotle Mexican Grill's revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.87 EPS. View Chipotle Mexican Grill's Earnings History.
When is Chipotle Mexican Grill's next earnings date?
What price target have analysts set for CMG?
34 Wall Street analysts have issued 1-year price targets for Chipotle Mexican Grill's shares. Their forecasts range from $385.00 to $1,000.00. On average, they expect Chipotle Mexican Grill's share price to reach $703.9667 in the next twelve months. This suggests that the stock has a possible downside of 13.9%. View Analyst Price Targets for Chipotle Mexican Grill.
What is the consensus analysts' recommendation for Chipotle Mexican Grill?
34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 7 sell ratings, 13 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chipotle Mexican Grill.
What are Wall Street analysts saying about Chipotle Mexican Grill stock?
Here are some recent quotes from research analysts about Chipotle Mexican Grill stock:
- 1. Maxim Group analysts commented, "We maintain our Hold rating on Chipotle Mexican Grill (CMG), though raise our price target to $635, from $620, following a triple-beat 1Q19 (March)." (4/25/2019)
- 2. According to Zacks Investment Research, "Shares of Chipotle have outperformed the industry over the past year. We expect the company to remain on this growth trajectory after fourth-quarter 2018 earnings surpassed the Zacks Consensus Estimate. Adjusted earnings grew 28.4% from the year-ago quarter, driven by higher revenues and lower food costs. Despite having a good share of negative publicity from a food-borne illness, Chipotle’s viable business strategy and the appointment of Brian Niccol significantly helped in 2018. For 2019, management expects comps to grow in the mid-single-digit range and expects to open 140-155 restaurants. Chipotle's increased focus on food safety and enhancing customer experience, along with various sales-building initiatives, is likely to drive the top line while high costs and intense competition may be concerning in the future." (2/11/2019)
- 3. Mizuho analysts commented, "We are adjusting our FY19/20 estimates to $12.00/14.50 from $11.95/14.31 on comps of 5.2/5.0% and raise our price target to $420 from $400. Maintain Underperform as we continue to believe the bull case is in the stock." (2/7/2019)
Has Chipotle Mexican Grill been receiving favorable news coverage?
Media stories about CMG stock have been trending negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Chipotle Mexican Grill earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Chipotle Mexican Grill.
Are investors shorting Chipotle Mexican Grill?
Chipotle Mexican Grill saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,716,800 shares, an increase of 5.8% from the June 30th total of 1,622,300 shares. Based on an average daily volume of 509,800 shares, the days-to-cover ratio is presently 3.4 days. Approximately 6.3% of the shares of the company are sold short. View Chipotle Mexican Grill's Current Options Chain.
Who are some of Chipotle Mexican Grill's key competitors?
Some companies that are related to Chipotle Mexican Grill include Yum! Brands (YUM), Restaurant Brands International (QSR), Yum China (YUMC), Darden Restaurants (DRI), Aramark (ARMK), Cracker Barrel Old Country Store (CBRL), Texas Roadhouse (TXRH), Wingstop (WING), Main Street Capital (MAIN), Jack in the Box (JACK), Cheesecake Factory (CAKE), Arcos Dorados (ARCO), Dave & Buster's Entertainment (PLAY), Brinker International (EAT) and Papa John's Int'l (PZZA).
What other stocks do shareholders of Chipotle Mexican Grill own?
Who are Chipotle Mexican Grill's key executives?
Chipotle Mexican Grill's management team includes the folowing people:
- Mr. Brian R. Niccol, CEO & Director (Age 45)
- Mr. John R. Hartung, Chief Financial Officer (Age 62)
- Mr. Curtis E. Garner III, Chief Technology Officer (Age 49)
- Mr. Christopher Brandt, Chief Marketing Officer (Age 50)
- Mr. Scott Boatwright, Chief Restaurant Officer (Age 46)
Who are Chipotle Mexican Grill's major shareholders?
Chipotle Mexican Grill's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.40%), Renaissance Technologies LLC (6.46%), BlackRock Inc. (6.13%), Jennison Associates LLC (3.35%), Independent Franchise Partners LLP (2.15%) and Baillie Gifford & Co. (1.77%). Company insiders that own Chipotle Mexican Grill stock include Albert S Baldocchi, Ali Namvar, Brian R Niccol, Curtis E Garner, Jack Hartung, Paul T Cappuccio, Pershing Square Capital Manage, Scott Boatwright and Steve Ells. View Institutional Ownership Trends for Chipotle Mexican Grill.
Which institutional investors are selling Chipotle Mexican Grill stock?
CMG stock was sold by a variety of institutional investors in the last quarter, including Marshfield Associates, Balyasny Asset Management LLC, Waddell & Reed Financial Inc., Bank of New York Mellon Corp, Vanguard Group Inc., MUFG Securities EMEA plc, AQR Capital Management LLC and Marshall Wace LLP. Company insiders that have sold Chipotle Mexican Grill company stock in the last year include Albert S Baldocchi, Brian R Niccol, Curtis E Garner, Jack Hartung, Pershing Square Capital Manage, Scott Boatwright and Steve Ells. View Insider Buying and Selling for Chipotle Mexican Grill.
Which institutional investors are buying Chipotle Mexican Grill stock?
CMG stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, BlackRock Inc., Jennison Associates LLC, APG Asset Management N.V., Janus Henderson Group PLC, Janus Henderson Group PLC and Bank of Montreal Can. Company insiders that have bought Chipotle Mexican Grill stock in the last two years include Ali Namvar, Paul T Cappuccio and Pershing Square Capital Manage. View Insider Buying and Selling for Chipotle Mexican Grill.
How do I buy shares of Chipotle Mexican Grill?
Shares of CMG 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, Scottrade, Fidelity and Charles Schwab.
What is Chipotle Mexican Grill's stock price today?
One share of CMG stock can currently be purchased for approximately $817.20.
How big of a company is Chipotle Mexican Grill?
Chipotle Mexican Grill has a market capitalization of $22.65 billion and generates $4.86 billion in revenue each year. The restaurant operator earns $176.55 million in net income (profit) each year or $9.06 on an earnings per share basis. Chipotle Mexican Grill employs 73,000 workers across the globe.View Additional Information About Chipotle Mexican Grill.
What is Chipotle Mexican Grill's official website?
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 restaurant operator can be reached via phone at 303-595-4000 or via email at [email protected]
MarketBeat Community Rating for Chipotle Mexican Grill (NYSE CMG)
MarketBeat's community ratings are surveys of what our community members think about Chipotle Mexican Grill and other stocks. Vote "Outperform" if you believe CMG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMG will underperform the S&P 500 over the long term. You may vote once every thirty days.
