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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism

Chipotle Mexican Grill (CMG) Stock Forecast, Price & News

$2,062.23
-20.10 (-0.97%)
(As of 06/2/2023 ET)
Compare
Today's Range
$2,060.60
$2,091.86
50-Day Range
$1,647.82
$2,106.22
52-Week Range
$1,196.28
$2,139.88
Volume
245,540 shs
Average Volume
260,164 shs
Market Capitalization
$56.90 billion
P/E Ratio
55.78
Dividend Yield
N/A
Price Target
$2,039.89

Chipotle Mexican Grill MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
1.1% Downside
$2,039.89 Price Target
Short Interest
Healthy
2.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.10mentions of Chipotle Mexican Grill in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$26.23 M Sold Last Quarter
Proj. Earnings Growth
19.68%
From $43.90 to $52.54 Per Share

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 stars

Retail/Wholesale Sector

110th out of 208 stocks

Eating Places Industry

17th out of 44 stocks


CMG stock logo

About Chipotle Mexican Grill (NYSE:CMG) Stock

Chipotle 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.

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CMG Stock News Headlines

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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.
Jack 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.
Fast-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.
Is 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?
3 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?
Darden 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.
⚡ 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.
Texas 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.
Chipotle Mexican Grill (NYSE:CMG) PT Raised to $2,400.00
I Was Wrong About Chipotle Stock. Here's Why.
Growth Investing: 3 Top Stocks Worth Consideration
9 Secret Ways To Save Money at Chipotle
Top Stock Picks for Week of May 22, 2023
See More Headlines

CMG Price History

CMG Company Calendar

Last Earnings
4/25/2023
Today
6/03/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
16965610
Employees
104,958
Year Founded
1993

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
27 Analysts

Profitability

Net Income
$899.10 million
Pretax Margin
15.23%

Debt

Sales & Book Value

Annual Sales
$8.63 billion
Cash Flow
$43.11 per share
Book Value
$89.95 per share

Miscellaneous

Free Float
27,325,000
Market Cap
$56.90 billion
Optionable
Optionable
Beta
1.34

Social Links


Key Executives

  • Brian R. NiccolBrian R. Niccol
    Chairman & Chief Executive Officer
  • John R. Hartung
    Chief Financial & Administration Officer
  • Curtis Evander Garner
    Chief Technology Officer
  • Mark Heath
    Director-Real Estate
  • Lori Madzin Pellegrino
    Real Estate Manager













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 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

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