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

$3,232.97
+49.72 (+1.56%)
(As of 05/9/2024 ET)
Today's Range
$3,168.85
$3,232.97
50-Day Range
$2,664.72
$3,206.43
52-Week Range
$1,768.64
$3,241.42
Volume
245,403 shs
Average Volume
242,188 shs
Market Capitalization
$88.81 billion
P/E Ratio
68.99
Dividend Yield
N/A
Price Target
$3,137.12

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
3.0% Downside
$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
0.48mentions of Chipotle Mexican Grill in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$46.20 M Sold Last Quarter
Proj. Earnings Growth
20.35%
From $55.08 to $66.29 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.

3.95 out of 5 stars

Retail/Wholesale Sector

71st out of 205 stocks

Eating Places Industry

12th out of 42 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

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MarketBeat Week in Review – 4/29 - 5/3 (CMG)
Apple, Amgen, and a weak jobs report helped move the market higher as investors temporarily looked past the possibility of no interest rate cuts in 2024
The Meteoric Rise of Chipotle Mexican Grill Stock is Not Over
The price action in Chipotle Mexican Grill NYSE: CMG has been smoking hot, and it is not over yet. The 1100% gain posted since 2017 is the tip of the iceberg for this fast-growing, fast-casual restaurant that is gaining leverage and on the brink of an international expansion.
The Meteoric Rise of Chipotle Mexican Grill Stock is Not Over
Chipotle Mexican Grill had a solid quarter in Q1 and guided continued strength this year, leading the analysts to raise their targets.
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
The 3 Best Consumer Stocks to Buy in May 2024
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/10/2024
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
$3,137.12
High Stock Price Target
$3,600.00
Low Stock Price Target
$1,950.00
Potential Upside/Downside
-3.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
26 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.70%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$58.34 per share
Book Value
$111.58 per share

Miscellaneous

Free Float
27,187,000
Market Cap
$88.81 billion
Optionable
Optionable
Beta
1.26

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CMG Stock Analysis - Frequently Asked Questions

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

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 9 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research 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 twelve-month price targets for Chipotle Mexican Grill's stock. Their CMG share price targets range from $1,950.00 to $3,600.00. On average, they expect the company's share price to reach $3,137.12 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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 the year. Since then, CMG shares have increased by 41.4% and is now trading at $3,232.97.
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 trading volume, of 243,600 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.2% of the shares of the stock 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 data on Wednesday, April, 24th. The restaurant operator reported $13.37 earnings per share for the quarter, topping analysts' consensus estimates of $11.63 by $1.74. The restaurant operator had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.67 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 43.74% and a net margin of 12.70%.
Read the conference call transcript
.

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 issued shares will be payable to shareholders after the market closes 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 retail and institutional investors. Top institutional investors include Jennison Associates LLC (0.79%), Bank of New York Mellon Corp (0.62%), Sei Investments Co. (0.41%), William Blair Investment Management LLC (0.40%), Swiss National Bank (0.30%) and Allspring Global Investments Holdings LLC (0.27%). 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 5/10/2024 by MarketBeat.com Staff

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