What is Zacks Research’s Estimate for RRGB Q1 Earnings?

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Analysts at Zacks Research lifted their Q1 2026 EPS estimates for Red Robin Gourmet Burgers in a note issued to investors on Tuesday, March 17th. Zacks Research analyst Team now anticipates that the restaurant operator will earn $0.21 per share for the quarter, up from their prior estimate of $0.20. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.94) per share. Zacks Research also issued estimates for Red Robin Gourmet Burgers’ Q2 2026 earnings at $0.28 EPS, Q2 2027 earnings at $0.34 EPS and FY2028 earnings at ($0.39) EPS.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last issued its earnings results on Wednesday, February 25th. The restaurant operator reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.13). The business had revenue of $269.04 million for the quarter, compared to the consensus estimate of $264.26 million.

Several other brokerages have also issued reports on RRGB. Jefferies Financial Group upgraded shares of Red Robin Gourmet Burgers from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a report on Monday, December 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Red Robin Gourmet Burgers in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.50.

Red Robin Gourmet Burgers Stock Up 0.3%

Shares of Red Robin Gourmet Burgers stock opened at $3.25 on Thursday. The firm has a market cap of $58.73 million, a PE ratio of -2.48 and a beta of 2.23. Red Robin Gourmet Burgers has a 52 week low of $2.50 and a 52 week high of $7.89. The business’s fifty day simple moving average is $3.85 and its 200-day simple moving average is $4.81.

Institutional Trading of Red Robin Gourmet Burgers

Hedge funds have recently modified their holdings of the stock. JCP Investment Management LLC boosted its holdings in Red Robin Gourmet Burgers by 0.6% in the fourth quarter. JCP Investment Management LLC now owns 1,871,235 shares of the restaurant operator’s stock valued at $7,579,000 after purchasing an additional 10,567 shares during the period. Jain Global LLC purchased a new stake in Red Robin Gourmet Burgers during the 4th quarter worth about $47,000. Squarepoint Ops LLC acquired a new stake in Red Robin Gourmet Burgers in the 4th quarter valued at about $71,000. Panagora Asset Management Inc. purchased a new position in shares of Red Robin Gourmet Burgers in the 4th quarter valued at about $65,000. Finally, Barclays PLC boosted its stake in shares of Red Robin Gourmet Burgers by 469.5% in the 4th quarter. Barclays PLC now owns 17,159 shares of the restaurant operator’s stock valued at $69,000 after buying an additional 14,146 shares during the period. 84.04% of the stock is currently owned by institutional investors and hedge funds.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, trading on NASDAQ under the ticker RRGB, is a leading casual dining restaurant company headquartered in Greenwood Village, Colorado. The company specializes in offering a diverse menu centered on gourmet burgers, bottomless steak fries, salads, sandwiches and a selection of alcoholic beverages. Red Robin operates restaurants under its flagship Red Robin® brand, serving guests through both dine-in and off-premises channels, including delivery and carry-out. The company also leverages technology and loyalty programs to enhance the guest experience and drive repeat visits.

Founded in 1969 in Seattle, Washington, Red Robin began as a small tavern before evolving into a family-friendly restaurant concept focused on premium burgers.