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 Date7/25/2019 (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 earnings results on Wednesday, April, 24th. The restaurant operator reported $3.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.01 by $0.39. The restaurant operator had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. Chipotle Mexican Grill had a return on equity of 19.78% and a net margin of 4.08%. Chipotle Mexican Grill's revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.13 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?
31 Wall Street analysts have issued 12 month target prices for Chipotle Mexican Grill's stock. Their forecasts range from $385.00 to $840.00. On average, they expect Chipotle Mexican Grill's stock price to reach $645.8148 in the next twelve months. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Chipotle Mexican Grill.
What is the consensus analysts' recommendation for Chipotle Mexican Grill?
31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 5 sell ratings, 14 hold ratings and 12 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?
News articles about CMG stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chipotle Mexican Grill earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.
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), Main Street Capital (MAIN), Wingstop (WING), Cheesecake Factory (CAKE), Jack in the Box (JACK), Dave & Buster's Entertainment (PLAY), Bloomin' Brands (BLMN), Sonic (SONC) and Dine Brands Global (DIN).
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. Ali Namvar, Independent Director (Age 49)
- Mr. John R. Hartung, Chief Financial Officer (Age 62)
- Kyuri Atul Pandit, Chief Digital & Information Officer
- Mr. Scott Boatwright, Chief Restaurant Officer (Age 46)
- Mr. Brian R. Niccol, CEO & Director (Age 45)
Who are Chipotle Mexican Grill's major shareholders?
Chipotle Mexican Grill's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.69%), Renaissance Technologies LLC (5.27%), FMR LLC (4.13%), Jennison Associates LLC (3.11%), Wellington Management Group LLP (2.59%) and Baillie Gifford & Co. (1.81%). Company insiders that own Chipotle Mexican Grill stock include Ali Namvar, Jack Hartung, Paul T Cappuccio and Pershing Square Capital Manage. View Institutional Ownership Trends for Chipotle Mexican Grill.
Which major investors are selling Chipotle Mexican Grill stock?
CMG stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Victory Capital Management Inc., Wells Fargo & Company MN, Los Angeles Capital Management & Equity Research Inc., WS Management Lllp, South Texas Money Management Ltd., Amundi Pioneer Asset Management Inc. and BlackRock Inc.. Company insiders that have sold Chipotle Mexican Grill company stock in the last year include Jack Hartung and Pershing Square Capital Manage. View Insider Buying and Selling for Chipotle Mexican Grill.
Which major investors are buying Chipotle Mexican Grill stock?
CMG stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Wellington Management Group LLP, Investec Asset Management LTD, Banco Santander S.A., Jennison Associates LLC, Geode Capital Management LLC and Robeco Institutional Asset Management B.V.. 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 $718.00.
How big of a company is Chipotle Mexican Grill?
Chipotle Mexican Grill has a market capitalization of $19.90 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.
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.
