S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
NASDAQ:TAST

Carrols Restaurant Group (TAST) Stock Price, News & Analysis

$9.50
0.00 (0.00%)
(As of 03/27/2024 ET)
Today's Range
$9.50
$9.51
50-Day Range
$9.39
$9.51
52-Week Range
$2.16
$9.54
Volume
498,016 shs
Average Volume
873,295 shs
Market Capitalization
$545.11 million
P/E Ratio
18.27
Dividend Yield
0.84%
Price Target
$8.87

Carrols Restaurant Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.7% Downside
$8.87 Price Target
Short Interest
Healthy
2.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.49
Upright™ Environmental Score
News Sentiment
-0.03mentions of Carrols Restaurant Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-67.19%
From $0.64 to $0.21 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.

2.59 out of 5 stars

Retail/Wholesale Sector

127th out of 202 stocks

Eating Places Industry

28th out of 40 stocks

TAST stock logo

About Carrols Restaurant Group Stock (NASDAQ:TAST)

Carrols Restaurant Group, Inc., through its subsidiaries, operates restaurants in the United States. It operates quick service restaurants as a franchisee under the Burger King and Popeyes brands in 23 Northeastern, Midwestern, Southcentral, and Southeastern states. The company was founded in 1960 and is headquartered in Syracuse, New York.

TAST Stock Price History

TAST Stock News Headlines

Carrols: No Meat Left On This Bone, Sell
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Trending Stocks Sent To You In Real Time
Sign up today and get instant access to our next stock alert! You do not want to miss out on this next pick! Our stock picks have been known to soar!
SHAK Feb 2024 98.000 put
Carrols Restaurant Group Inc.
Carrols Restaurant just downgraded at Craig-Hallum, here's why
Why Are Carrols (TAST) Shares Soaring Today
See More Headlines
Receive TAST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Carrols Restaurant Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 4/5 Dividend
3/08/2024
Today
3/28/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
Current Symbol
NASDAQ:TAST
CUSIP
14574X10
Fax
N/A
Employees
25,000
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$8.87
High Stock Price Target
$9.55
Low Stock Price Target
$7.50
Potential Upside/Downside
-6.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$33.80 million
Pretax Margin
2.04%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$2.01 per share
Book Value
$3.40 per share

Miscellaneous

Free Float
38,391,000
Market Cap
$545.11 million
Optionable
Optionable
Beta
2.50

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Ms. Deborah M. Derby (Age 60)
    CEO, President & Director
    Comp: $1.49M
  • Mr. Anthony E. Hull (Age 65)
    EVP, CFO & Treasurer
    Comp: $2.07M
  • Mr. Joseph W. Hoffman (Age 60)
    EVP, Senior Vice President of Operations & Chief Restaurant Officer
    Comp: $812.32k
  • Mr. Jared Lawrence Landaw (Age 59)
    SVP, General Counsel & Corporate Secretary
    Comp: $849.26k
  • Mr. Richard G. Cross (Age 61)
    Senior VP & Chief Development Officer
    Comp: $799.07k
  • Mr. Nathan B. Mucher (Age 51)
    Senior VP & Chief Information Officer
    Comp: $294.04k
  • Mr. Daniel T. Accordino (Age 73)
    Advisor
    Comp: $1.44M
  • Mr. Ahmad Filsoof (Age 46)
    Senior Vice President of Strategy & Business Transformation
  • Ms. Gretta Beth Miles (Age 42)
    VP, Controller & Assistant Treasurer

TAST Stock Analysis - Frequently Asked Questions

Should I buy or sell Carrols Restaurant Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TAST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAST, but not buy additional shares or sell existing shares.
View TAST analyst ratings
or view top-rated stocks.

What is Carrols Restaurant Group's stock price target for 2024?

3 equities research analysts have issued 12 month price objectives for Carrols Restaurant Group's shares. Their TAST share price targets range from $7.50 to $9.55. On average, they expect the company's share price to reach $8.87 in the next twelve months. This suggests that the stock has a possible downside of 6.7%.
View analysts price targets for TAST
or view top-rated stocks among Wall Street analysts.

How have TAST shares performed in 2024?

Carrols Restaurant Group's stock was trading at $7.88 at the beginning of the year. Since then, TAST stock has increased by 20.6% and is now trading at $9.50.
View the best growth stocks for 2024 here
.

Are investors shorting Carrols Restaurant Group?

Carrols Restaurant Group saw a increase in short interest in March. As of March 15th, there was short interest totaling 950,400 shares, an increase of 46.1% from the February 29th total of 650,300 shares. Based on an average trading volume of 1,040,000 shares, the short-interest ratio is presently 0.9 days. Currently, 2.4% of the company's stock are short sold.
View Carrols Restaurant Group's Short Interest
.

When is Carrols Restaurant Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TAST earnings forecast
.

How were Carrols Restaurant Group's earnings last quarter?

Carrols Restaurant Group, Inc. (NASDAQ:TAST) issued its quarterly earnings data on Wednesday, November, 10th. The restaurant operator reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The restaurant operator earned $421.70 million during the quarter, compared to analysts' expectations of $414.91 million. Carrols Restaurant Group had a net margin of 1.80% and a trailing twelve-month return on equity of 19.41%. During the same quarter last year, the firm earned $0.09 EPS.

How often does Carrols Restaurant Group pay dividends? What is the dividend yield for Carrols Restaurant Group?

Carrols Restaurant Group announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Monday, March 11th will be given a dividend of $0.02 per share on Friday, April 5th. This represents a $0.08 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Friday, March 8th.
Read our dividend analysis for TAST
.

Is Carrols Restaurant Group a good dividend stock?

Carrols Restaurant Group (NASDAQ:TAST) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 15.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TAST will have a dividend payout ratio of 38.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TAST.

What ETF holds Carrols Restaurant Group's stock?

AdvisorShares Restaurant ETF holds 19,200 shares of TAST stock, representing 4.05% of its portfolio.

What guidance has Carrols Restaurant Group issued on next quarter's earnings?

Carrols Restaurant Group updated its fourth quarter 2023 earnings guidance on Monday, January, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $470.4 million-$470.4 million, compared to the consensus revenue estimate of $465.5 million.

What is Dan Accordino's approval rating as Carrols Restaurant Group's CEO?

56 employees have rated Carrols Restaurant Group Chief Executive Officer Dan Accordino on Glassdoor.com. Dan Accordino has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Carrols Restaurant Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), DHT (DHT), Hallador Energy (HNRG), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Novan (NOVN), Washington Prime Group (WPG) and Zosano Pharma (ZSAN).

Who are Carrols Restaurant Group's major shareholders?

Carrols Restaurant Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.08%), Vanguard Group Inc. (3.19%), Vanguard Group Inc. (3.19%), Hillsdale Investment Management Inc. (1.19%), Oberweis Asset Management Inc. (1.14%) and Bridgeway Capital Management LLC (0.79%). Insiders that own company stock include Ahmad Filsoof, Gretta Miles, Jared L Landaw, Paulo A Pena, Richard G Cross and William E Myers.
View institutional ownership trends
.

How do I buy shares of Carrols Restaurant Group?

Shares of TAST 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 Carrols Restaurant Group have any subsidiaries?
The following companies are subsidiares of Carrols Restaurant Group: Carrols Corporation, Carrols LLC, and Republic Foods Inc..
Read More
This page (NASDAQ:TAST) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners