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

$3,116.02
+189.26 (+6.47%)
(As of 04/25/2024 ET)
Today's Range
$2,952.23
$3,144.50
50-Day Range
$2,569.48
$3,116.02
52-Week Range
$1,768.64
$3,145.69
Volume
688,043 shs
Average Volume
241,420 shs
Market Capitalization
$85.44 billion
P/E Ratio
70.26
Dividend Yield
N/A
Price Target
$2,759.14

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
0.7% Upside
$3,137.12 Price Target
Short Interest
Healthy
3.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.57mentions of Chipotle Mexican Grill in the last 14 days
Based on 75 Articles This Week
Insider Trading
Selling Shares
$18.32 M Sold Last Quarter
Proj. Earnings Growth
21.42%
From $53.49 to $64.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Retail/Wholesale Sector

64th out of 192 stocks

Eating Places Industry

9th out of 36 stocks

CMG stock logo

About Chipotle Mexican Grill Stock (NYSE:CMG)

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

CMG Stock Price History

CMG Stock News Headlines

Chipotle Beats Q1 2024 Estimates
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Walmart’s Rob Walton to Retire From Board
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Why Chipotle Stock Is Cooking Thursday
Chipotle Tells Staff to Skip Chicken as Demand Surges
CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
4/25/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
16965610
Employees
116,068
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$3,057.29
High Stock Price Target
$3,600.00
Low Stock Price Target
$1,850.00
Potential Upside/Downside
-11.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
28 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.42%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$60.78 per share
Book Value
$111.58 per share

Miscellaneous

Free Float
27,158,000
Market Cap
$85.33 billion
Optionable
Optionable
Beta
1.28

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CMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Chipotle Mexican Grill stock right now?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 9 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMG shares.
View CMG analyst ratings
or view top-rated stocks.

What is Chipotle Mexican Grill's stock price target for 2024?

26 Wall Street analysts have issued 12-month price targets for Chipotle Mexican Grill's shares. Their CMG share price targets range from $1,950.00 to $3,600.00. On average, they predict the company's stock price to reach $3,137.12 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price.
View analysts price targets for CMG
or view top-rated stocks among Wall Street analysts.

How have CMG shares performed in 2024?

Chipotle Mexican Grill's stock was trading at $2,286.96 at the beginning of 2024. Since then, CMG stock has increased by 36.3% and is now trading at $3,116.02.
View the best growth stocks for 2024 here
.

Are investors shorting Chipotle Mexican Grill?

Chipotle Mexican Grill saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 875,000 shares, an increase of 15.7% from the March 31st total of 756,000 shares. Based on an average daily volume of 243,600 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.2% of the company's shares are sold short.
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 Wednesday, July 24th 2024.
View our CMG earnings forecast
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its quarterly earnings results on Wednesday, April, 24th. The restaurant operator reported $13.37 earnings per share for the quarter, beating analysts' consensus estimates of $11.63 by $1.74. The restaurant operator earned $2.70 billion during the quarter, compared to analyst estimates of $2.67 billion. Chipotle Mexican Grill had a net margin of 12.45% and a trailing twelve-month return on equity of 44.41%.

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill's stock split on Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly created shares will be distributed to shareholders after the closing bell on Tuesday, June 25th 2024. An investor that had 100 shares of stock prior to the split would have 5,000 shares after the split.

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 Xtrackers California Municipal Bond ETF (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).

Who are Chipotle Mexican Grill's major shareholders?

Chipotle Mexican Grill's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (0.62%), Allspring Global Investments Holdings LLC (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Global Assets Advisory LLC (0.21%), Assenagon Asset Management S.A. (0.15%) and Summit Financial LLC (0.11%). 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, Patricia Filikrushel, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NYSE:CMG) was last updated on 4/26/2024 by MarketBeat.com Staff

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