Chipotle Mexican Grill Stock Forecast, Price & News

Chipotle Mexican Grill's stock was trading at $646.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CMG stock has increased by 100.8% and is now trading at $1,297.77.
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32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 15 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Chipotle Mexican Grill or view MarketBeat's top 5 stock picks.

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Chipotle Mexican Grill is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Chipotle Mexican Grill.

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its quarterly earnings results on Wednesday, October, 21st. The restaurant operator reported $3.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.44 by $0.32. The restaurant operator had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.59 billion. Chipotle Mexican Grill had a return on equity of 16.70% and a net margin of 4.08%. The firm's revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.82 EPS.
View Chipotle Mexican Grill's earnings history.

32 brokerages have issued twelve-month price targets for Chipotle Mexican Grill's shares. Their forecasts range from $900.00 to $1,745.00. On average, they anticipate Chipotle Mexican Grill's stock price to reach $1,335.03 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price.
View analysts' price targets for Chipotle Mexican Grill.

Chipotle Mexican Grill saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,110,000 shares, an increase of 22.6% from the October 15th total of 905,300 shares. Based on an average daily trading volume, of 349,100 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.0% of the company's shares are sold short.
View Chipotle Mexican Grill's Short Interest.

Some companies that are related to Chipotle Mexican Grill include McDonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin' Brands Group (DNKN), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE), Bloomin' Brands (BLMN) and Dine Brands Global (DIN).
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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 Co. (ATH.TO) (ATH), Micron Technology (MU), AutoZone (AZO), Accenture (ACN) and Zoetis (ZTS).

Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."

Chipotle Mexican Grill's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.76%), State Street Corp (4.17%), Jennison Associates LLC (3.14%), JPMorgan Chase & Co. (2.72%), Nuveen Asset Management LLC (1.58%) and Massachusetts Financial Services Co. MA (1.50%). Company insiders that own Chipotle Mexican Grill stock include Albert S Baldocchi, Brian R Niccol, Christopher W Brandt, Curtis E Garner, Jack Hartung, Marissa Andrada, Matthew H Paull, Pershing Square Capital Manage, Roger E Theodoredis, Scott Boatwright 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 Baltimore Washington Financial Advisors Inc., Marshfield Associates, Samlyn Capital LLC, Banco Santander S.A., Jennison Associates LLC, Voloridge Investment Management LLC, Lord Abbett & CO. LLC, and Cibc World Markets Corp. Company insiders that have sold Chipotle Mexican Grill company stock in the last year include Albert S Baldocchi, Brian R Niccol, Christopher W Brandt, Jack Hartung, Marissa Andrada, Matthew H Paull, Pershing Square Capital Manage, Roger E Theodoredis, and Scott Boatwright.
View insider buying and selling activity for Chipotle Mexican Grill.

CMG stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, State Street Corp, Assenagon Asset Management S.A., Great West Life Assurance Co. Can, JPMorgan Chase & Co., Thrivent Financial for Lutherans, and CIBC Private Wealth Group LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of CMG stock can currently be purchased for approximately $1,297.77.

Chipotle Mexican Grill has a market capitalization of $36.31 billion and generates $5.59 billion in revenue each year. The restaurant operator earns $350.16 million in net income (profit) each year or $14.05 on an earnings per share basis. Chipotle Mexican Grill employs 83,000 workers across the globe.

The official website for Chipotle Mexican Grill is www.chipotle.com.

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 949-524-4000 or via email at [email protected]