NYSE:CMG - Chipotle Mexican Grill Stock Price, Price Target & More

Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."

Chipotle Mexican Grill announced that its Board of Directors has initiated a share buyback program on Sunday, April 9th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its quarterly earnings results on Wednesday, April, 25th. The restaurant operator reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.56. The restaurant operator had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Chipotle Mexican Grill had a net margin of 4.16% and a return on equity of 14.50%. The firm's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 EPS. View Chipotle Mexican Grill's Earnings History.

Chipotle Mexican Grill is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Chipotle Mexican Grill.

35 equities research analysts have issued 1 year price targets for Chipotle Mexican Grill's shares. Their predictions range from $250.00 to $530.00. On average, they anticipate Chipotle Mexican Grill's share price to reach $385.5380 in the next twelve months. This suggests that the stock has a possible downside of 14.7%. View Analyst Ratings for Chipotle Mexican Grill.

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 5 sell ratings, 23 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Bloomin' Brands (BLMN), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA) and Wingstop (WING).

Press coverage about CMG stock has been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chipotle Mexican Grill earned a coverage optimism score of -0.04 on Accern's scale. They also assigned news coverage about the restaurant operator an impact score of 43.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Chipotle Mexican Grill's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.15%), Cim LLC (0.09%), Bank of Montreal Can (0.06%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), State of Alaska Department of Revenue (0.02%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own Chipotle Mexican Grill stock include Ali Namvar, Matthew H Paull, Paul T Cappuccio and Pershing Square Capital Manage. View Institutional Ownership Trends for Chipotle Mexican Grill.

CMG stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Reliance Trust Co. of Delaware and Gateway Investment Advisers LLC. View Insider Buying and Selling for Chipotle Mexican Grill.

CMG stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Cim LLC, Clinton Group Inc., XR Securities LLC, Atria Investments LLC, Xact Kapitalforvaltning AB, Contravisory Investment Management Inc. and IFM Investors Pty Ltd. Company insiders that have bought Chipotle Mexican Grill stock in the last two years include Ali Namvar, Matthew H Paull, Paul T Cappuccio and Pershing Square Capital Manage. View Insider Buying and Selling for 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.

One share of CMG stock can currently be purchased for approximately $452.06.

Chipotle Mexican Grill has a market capitalization of $12.77 billion and generates $4.48 billion in revenue each year. The restaurant operator earns $176.25 million in net income (profit) each year or $6.60 on an earnings per share basis. Chipotle Mexican Grill employs 68,890 workers across the globe.

Chipotle Mexican Grill's mailing address is 1401 WYNKOOP STREET SUITE 500, DENVER CO, 80202. The restaurant operator can be reached via phone at 303-595-4000 or via email at [email protected]