Most-Upgraded StocksMost-UpgradedNYSE:CMG Chipotle Mexican Grill (CMG) Stock Forecast, Price & News $2,062.23 -20.10 (-0.97%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2,060.60▼$2,091.8650-Day Range$1,647.82▼$2,106.2252-Week Range$1,196.28▼$2,139.88Volume245,540 shsAverage Volume260,164 shsMarket Capitalization$56.90 billionP/E Ratio55.78Dividend YieldN/APrice Target$2,039.89 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Chipotle Mexican Grill MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside1.1% Downside$2,039.89 Price TargetShort InterestHealthy2.98% of Float Sold ShortDividend StrengthN/ASustainability-1.96Upright™ Environmental ScoreNews Sentiment0.10Based on 17 Articles This WeekInsider TradingSelling Shares$26.23 M Sold Last QuarterProj. Earnings Growth19.68%From $43.90 to $52.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsRetail/Wholesale Sector110th out of 208 stocksEating Places Industry17th out of 44 stocks 2.4 Analyst's Opinion Consensus RatingChipotle Mexican Grill has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 21 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,039.89, Chipotle Mexican Grill has a forecasted downside of 1.1% from its current price of $2,062.23.Amount of Analyst CoverageChipotle Mexican Grill has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.98% of the float of Chipotle Mexican Grill has been sold short.Short Interest Ratio / Days to CoverChipotle Mexican Grill has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chipotle Mexican Grill has recently increased by 4.25%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldChipotle Mexican Grill does not currently pay a dividend.Dividend GrowthChipotle Mexican Grill does not have a long track record of dividend growth. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChipotle Mexican Grill has received a -2.22% net impact score from Upright. The largest negative impact of Chipotle Mexican Grill in category "Physical diseases" seems to be driven mostly by its "Tortilla chips", "Sugar-sweetened soft drinks", and "Vodka-based premixed drinks" products. See details.Environmental SustainabilityThe Environmental Impact score for Chipotle Mexican Grill is -1.96. Previous Next 1.7 News and Social Media Coverage News SentimentChipotle Mexican Grill has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Chipotle Mexican Grill this week, compared to 14 articles on an average week.Search InterestOnly 32 people have searched for CMG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Chipotle Mexican Grill to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chipotle Mexican Grill insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $26,227,935.00 in company stock.Percentage Held by InsidersOnly 0.96% of the stock of Chipotle Mexican Grill is held by insiders.Percentage Held by Institutions93.26% of the stock of Chipotle Mexican Grill is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chipotle Mexican Grill are expected to grow by 19.68% in the coming year, from $43.90 to $52.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chipotle Mexican Grill is 55.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Chipotle Mexican Grill is 55.78, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.10.Price to Earnings Growth RatioChipotle Mexican Grill has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChipotle Mexican Grill has a P/B Ratio of 22.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chipotle Mexican Grill (NYSE:CMG) StockChipotle Mexican Grill, Inc. engages in the development and operation of classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. It offers a focused menu of burritos, tacos, burrito bowls, and salads prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.Read More Receive CMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chipotle Mexican Grill and its competitors with MarketBeat's FREE daily newsletter. Email Address CMG Stock News HeadlinesMay 24, 2023 | marketbeat.com2 Tech Mid-Caps Under $10 With Big Upside (CMG)In the U.S. mid cap space, the 2023 turnaround has been slower - but Wall Street sees these sub-$10 tech stocks running 60% or more over the next 12 months.May 19, 2023 | marketbeat.comWill Papa John's Turnaround Serve Up More Revenue Growth? (CMG)Papa John's International is hoping to deliver more dough to investors with a corporate turnaround. The company announced a major expansion into India.June 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 18, 2023 | marketbeat.comJack In The Box Is A Buy On Post-Earnings Weakness (CMG)Jack In The Box is showing solid support after falling on results. The results are good and the guidance better so higher share prices are expected.May 16, 2023 | marketbeat.comFast-Food Stocks Set To Sizzle This Summer The analysts are upping their targets for fast food stocks and driving them to new highs because of outperformance, growth, and a positive outlook.May 12, 2023 | marketbeat.comIs Krispy Kreme a Tasty Buy After Q1 Results? (CMG)Krispy Kreme stock had a decent quarter and reaffirmed guidance for near-10% growth in 2023 which sent shares higher, but how high can it go?May 11, 2023 | marketbeat.com3 Surprising Stocks Leading Growth Over Value (CMG)This year’s best performing S&P 500 Growth stocks were some of 2022’s worst performers. Will the worst to first trend continue?May 10, 2023 | marketbeat.comDarden Expects Ruth's Chris Acquisition To Boost EPS (CMG)Darden Restaurants is acquiring Ruth's Hospitality for $715 million. The deal is expected to close in June and be accretive to Darden's EPS in fiscal year 2024.June 3, 2023 | Behind the Markets (Ad)⚡ 2,467% Return on Israeli Laser Company?This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.May 8, 2023 | marketbeat.comTexas Roadhouse: Analysts Boost Price Targets Despite EPS Miss (CMG)Texas Roadhouse found support at its 50-day average after missing Q1 earnings views. The company reiterated expectations for sales growth this year.June 3, 2023 | americanbankingnews.comChipotle Mexican Grill, Inc. (NYSE:CMG) CEO Brian R. Niccol Sells 1,078 Shares of StockJune 2, 2023 | americanbankingnews.comRobin S. Hickenlooper Sells 105 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) StockJune 1, 2023 | finance.yahoo.comChipotle Mexican Grill, Inc.: Reaffirming BUY and raising target priceJune 1, 2023 | finance.yahoo.comWilliams-Sonoma's (WSM) West Elm Collaborates With RHODEJune 1, 2023 | finance.yahoo.comWhy Is Yum China (YUMC) Down 9.8% Since Last Earnings Report?June 1, 2023 | seekingalpha.comChipotle Mexican Grill's Long-Term Weakness - A Peter Lynch TakeJune 1, 2023 | americanbankingnews.comChipotle Mexican Grill (NYSE:CMG) PT Raised to $2,400.00May 30, 2023 | finance.yahoo.comWHEN THEY HIT A THREE, BURRITOS ARE FREE: CHIPOTLE LAUNCHES "FREE-POINTER"May 30, 2023 | finance.yahoo.comDesigner Brands (DBI) to Post Q1 Earnings: What's in Store?May 29, 2023 | americanbankingnews.comChipotle Mexican Grill, Inc. (NYSE:CMG) Receives $2,021.37 Average Price Target from AnalystsMay 28, 2023 | finance.yahoo.comI Was Wrong About Chipotle Stock. Here's Why.May 26, 2023 | finance.yahoo.comGrowth Investing: 3 Top Stocks Worth ConsiderationMay 25, 2023 | finance.yahoo.comBeacon (BECN) Stock Rises 24.4% YTD: What's Driving Growth?May 24, 2023 | finance.yahoo.com9 Secret Ways To Save Money at ChipotleMay 23, 2023 | finance.yahoo.com5 Must-Buy U. S. Bigwigs for Solid Returns in the Near TermMay 22, 2023 | finance.yahoo.comTop Stock Picks for Week of May 22, 2023May 22, 2023 | finance.yahoo.comRelative Strength Watch: 3 Stocks Delivering Outsized ReturnsSee More Headlines CMG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMG Company Calendar Last Earnings4/25/2023Today6/03/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNYSE:CMG CUSIP16965610 CIK1058090 Webwww.chipotle.com Phone(949) 524-4000Fax302-674-5266Employees104,958Year Founded1993Price Target and Rating Average Stock Price Forecast$2,039.89 High Stock Price Forecast$2,400.00 Low Stock Price Forecast$1,657.00 Forecasted Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage27 Analysts Profitability EPS (Most Recent Fiscal Year)$36.97 Trailing P/E Ratio55.78 Forward P/E Ratio46.98 P/E Growth1.49Net Income$899.10 million Net Margins11.49% Pretax Margin15.23% Return on Equity45.01% Return on Assets15.36% Debt Debt-to-Equity RatioN/A Current Ratio1.41 Quick Ratio1.37 Sales & Book Value Annual Sales$8.63 billion Price / Sales6.59 Cash Flow$43.11 per share Price / Cash Flow47.84 Book Value$89.95 per share Price / Book22.93Miscellaneous Outstanding Shares27,590,000Free Float27,325,000Market Cap$56.90 billion OptionableOptionable Beta1.34 Social Links Key ExecutivesBrian R. NiccolChairman & Chief Executive OfficerJohn R. HartungChief Financial & Administration OfficerCurtis Evander GarnerChief Technology OfficerMark HeathDirector-Real EstateLori Madzin PellegrinoReal Estate ManagerKey CompetitorsYum! BrandsNYSE:YUMDarden RestaurantsNYSE:DRIMcDonald'sNYSE:MCDYum ChinaNYSE:YUMCRestaurant Brands InternationalNYSE:QSRView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 121,181 shares on 6/1/2023Ownership: 0.130%Brian R NiccolSold 1,078 sharesTotal: $2.22 M ($2,058.13/share)Ontario Teachers Pension Plan BoardBought 235 shares on 6/1/2023Ownership: 0.002%Kennedy Investment GroupSold 55 shares on 6/1/2023Ownership: 0.001%ProShare Advisors LLCSold 480 shares on 5/26/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions CMG Stock - Frequently Asked Questions Should I buy or sell Chipotle Mexican Grill stock right now? 27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 6 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMG shares. View CMG analyst ratings or view top-rated stocks. What is Chipotle Mexican Grill's stock price forecast for 2023? 27 brokers have issued twelve-month target prices for Chipotle Mexican Grill's stock. Their CMG share price forecasts range from $1,657.00 to $2,400.00. On average, they predict the company's stock price to reach $2,039.89 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View analysts price targets for CMG or view top-rated stocks among Wall Street analysts. How have CMG shares performed in 2023? Chipotle Mexican Grill's stock was trading at $1,387.49 at the start of the year. Since then, CMG shares have increased by 48.6% and is now trading at $2,062.23. View the best growth stocks for 2023 here. Are investors shorting Chipotle Mexican Grill? Chipotle Mexican Grill saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 784,000 shares, an increase of 10.8% from the April 15th total of 707,300 shares. Based on an average daily volume of 309,600 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.9% of the company's stock are short sold. View Chipotle Mexican Grill's Short Interest. When is Chipotle Mexican Grill's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our CMG earnings forecast. How were Chipotle Mexican Grill's earnings last quarter? Chipotle Mexican Grill, Inc. (NYSE:CMG) issued its quarterly earnings results on Tuesday, April, 25th. The restaurant operator reported $10.50 EPS for the quarter, beating analysts' consensus estimates of $8.89 by $1.61. The restaurant operator had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.34 billion. Chipotle Mexican Grill had a net margin of 11.49% and a trailing twelve-month return on equity of 45.01%. The firm's quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter last year, the business earned $5.70 earnings per share. Read the conference call transcript. What ETFs hold Chipotle Mexican Grill's stock? ETFs with the largest weight of Chipotle Mexican Grill (NYSE:CMG) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), American Century Mid Cap Growth Impact (MID), 2ndVote Life Neutral Plus ETF (LYFE), Future Fund Active ETF (FFND), IQ Winslow Focused Large Cap Growth ETF (IWFG), Capital Group Global Growth Equity ETF (CGGO), 2ndVote Society Defended ETF (EGIS) and American CenturyFocused Dynamic Growth ETF (FDG). What is Brian Niccol's approval rating as Chipotle Mexican Grill's CEO? 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. What other stocks do shareholders of Chipotle Mexican Grill own? 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). What is Chipotle Mexican Grill's stock symbol? Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG." Who are Chipotle Mexican Grill's major shareholders? Chipotle Mexican Grill's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (5.88%), State Street Corp (3.78%), Geode Capital Management LLC (2.05%), Artisan Partners Limited Partnership (1.83%), Susquehanna International Group LLP (0.00%) and American Century Companies Inc. (1.49%). 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, Neil Flanzraich, Pershing Square Capital Manage, Robin S Hickenlooper, Roger E Theodoredis and Scott Boatwright. View institutional ownership trends. How do I buy shares of Chipotle Mexican Grill? 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. Compare Top Brokerages Here. What is Chipotle Mexican Grill's stock price today? One share of CMG stock can currently be purchased for approximately $2,062.23. How much money does Chipotle Mexican Grill make? Chipotle Mexican Grill (NYSE:CMG) has a market capitalization of $56.90 billion and generates $8.63 billion in revenue each year. The restaurant operator earns $899.10 million in net income (profit) each year or $36.97 on an earnings per share basis. How many employees does Chipotle Mexican Grill have? The company employs 104,958 workers across the globe. Does Chipotle Mexican Grill have any subsidiaries? The following companies are subsidiares of Chipotle Mexican Grill: CMG Concessions LLC, CMG Pepper LLC, CMG Strategy Co. LLC, CMG of Prince Georges LLC, CMGGC LLC, Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, Chipotle Mexican Grill Germany GMBH, Chipotle Mexican Grill Holdings GmbH, Chipotle Mexican Grill Management GmbH, Chipotle Mexican Grill Texas Holdings LLC, Chipotle Mexican Grill U.S. Finance Co. LLC, Chipotle Mexican Grill UK Limited, Chipotle Mexican Grill of Berwyn Heights LLC, Chipotle Mexican Grill of Colorado LLC, Chipotle Mexican Grill of Kansas LLC, Chipotle Mexican Grill of Maryland LLC, Chipotle Services LLC, Chipotle Texas LLC, EMEA Tortilla Ltd., N793WF Lease LLC, PL Restaurant Holdings LLC, and PL Restaurant LLC.Read More 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 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. This page (NYSE:CMG) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chipotle Mexican Grill, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.