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 declared that its board has initiated a stock buyback program on Sunday, April 9th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 0.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its earnings results on Wednesday, April, 25th. The restaurant operator reported $2.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 return on equity of 14.50% and a net margin of 4.16%. Chipotle Mexican Grill's revenue was up 7.4% compared to the same quarter last year. During the same period last 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 Thursday, July, 26th 2018. View Earnings Estimates for Chipotle Mexican Grill.

35 brokers have issued 12-month price targets for Chipotle Mexican Grill's stock. Their predictions range from $250.00 to $533.00. On average, they anticipate Chipotle Mexican Grill's share price to reach $372.5380 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), Brinker International (EAT), Main Street Capital (MAIN), Bloomin' Brands (BLMN), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA) and Arcos Dorados (ARCO).

Media stories about CMG stock have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a media sentiment score of 0.02 on Accern's scale. They also assigned media stories about the restaurant operator an impact score of 47.61 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Chipotle Mexican Grill's stock is owned by a number of of retail and institutional 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 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 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 purchased 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 $469.94.

Chipotle Mexican Grill has a market capitalization of $12.94 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]