Chipotle Mexican Grill - CMG Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 5 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMG shares.
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26 equities research analysts have issued twelve-month target prices for Chipotle Mexican Grill's stock. Their CMG share price forecasts range from $1,530.00 to $2,084.00. On average, they predict the company's share price to reach $1,844.79 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
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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 17.1% and is now trading at $1,624.25.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
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Chipotle Mexican Grill will be holding an earnings conference call on Tuesday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its earnings results on Tuesday, February, 7th. The restaurant operator reported $8.29 EPS for the quarter, missing analysts' consensus estimates of $8.88 by $0.59. The restaurant operator had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.23 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 40.96% and a net margin of 10.41%. Chipotle Mexican Grill's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.58 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of Chipotle Mexican Grill (NYSE:CMG) stock in their portfolio include American Century Mid Cap Growth Impact (MID), IQ Winslow Focused Large Cap Growth ETF (IWFG), Invesco Dynamic Leisure and Entertainment ETF (PEJ), 2ndVote Life Neutral Plus ETF (LYFE), AdvisorShares Restaurant ETF (EATZ), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Future Fund Active ETF (FFND) and 2ndVote Society Defended ETF (EGIS).

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 a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.21%), Edgewood Management LLC (3.31%), Geode Capital Management LLC (2.01%), Artisan Partners Limited Partnership (1.83%), Susquehanna International Group LLP (0.00%) and American Century Companies Inc. (1.73%). 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, Matthew H Paull, Neil Flanzraich, 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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One share of CMG stock can currently be purchased for approximately $1,624.25.

Chipotle Mexican Grill (NYSE:CMG) has a market capitalization of $44.86 billion and generates $8.63 billion in revenue each year. The restaurant operator earns $899.10 million in net income (profit) each year or $32.06 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.