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 authorized 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 reacquire up to 0.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

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

Chipotle Mexican Grill is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Chipotle Mexican Grill.

35 Wall Street analysts have issued twelve-month price objectives for Chipotle Mexican Grill's shares. Their predictions range from $250.00 to $533.00. On average, they anticipate Chipotle Mexican Grill's share price to reach $363.3713 in the next year. View Analyst Ratings for Chipotle Mexican Grill.

Some companies that are related to Chipotle Mexican Grill include Yum! Brands (YUM), Yum China (YUMC), Restaurant Brands International (QSR), 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), Bloomin' Brands (BLMN), Brinker International (EAT), Papa John's Int'l (PZZA), Wingstop (WING) and Dave & Buster's (PLAY).

Media stories about CMG stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news headlines about the restaurant operator an impact score of 46.76 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Chipotle Mexican Grill's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Independent Franchise Partners LLP (5.83%), BlackRock Inc. (5.61%), Iridian Asset Management LLC CT (1.89%), Slate Path Capital LP (1.45%), Northern Trust Corp (1.02%) and American Century Companies Inc. (0.67%). Company insiders that own Chipotle Mexican Grill stock include Ali Namvar, Matthew H Paull, Paul T Cappuccio, Pershing Square Capital Manage and Steve Ells. View Institutional Ownership Trends for Chipotle Mexican Grill.

CMG stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Contrarius Investment Management Ltd, Russell Investments Group Ltd., Baird Financial Group Inc., Scout Investments Inc., Archon Capital Management LLC, Swiss National Bank and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. View Insider Buying and Selling for Chipotle Mexican Grill.

CMG stock was bought by a variety of institutional investors in the last quarter, including Independent Franchise Partners LLP, Iridian Asset Management LLC CT, Slate Path Capital LP, First Eagle Investment Management LLC, Point72 Asset Management L.P., Amundi Pioneer Asset Management Inc., Sei Investments Co. and Check Capital Management Inc. CA. 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 $433.86.

Chipotle Mexican Grill has a market capitalization of $12.06 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]