Chipotle Mexican Grill, Inc. (CMG)

NYSE: CMG · IEX Real-Time Price · USD
61.40
-0.41 (-0.66%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.66%
Market Cap 84.32B
Revenue (ttm) 10.20B
Net Income (ttm) 1.30B
Shares Out 1.37B
EPS (ttm) 0.94
PE Ratio 65.53
Forward PE 1.05
Dividend n/a
Ex-Dividend Date n/a
Volume 16,187,548
Open 61.54
Previous Close 61.81
Day's Range 60.46 - 62.32
52-Week Range 35.37 - 69.26
Beta 1.25
Analysts Buy
Price Target 64.38 (+4.85%)
Earnings Date Jul 24, 2024

About 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. [Read more]

Industry Restaurants
IPO Date Jan 26, 2006
Employees 116,068
Stock Exchange NYSE
Ticker Symbol CMG
Full Company Profile

Financial Performance

In 2023, CMG's revenue was $9.87 billion, an increase of 14.33% compared to the previous year's $8.63 billion. Earnings were $1.23 billion, an increase of 36.66%.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $64.38, which is an increase of 4.85% from the latest price.

Price Target
$64.38
(4.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AI In The Drive-Thru: Chipotle, Starbucks, McDonald's Lead The Charge

Artificial intelligence (AI) is revolutionizing the restaurant industry.

Other symbols: MCDSBUX
1 day ago - Benzinga

"TEAM CHIPOTLE" RETURNS WITH A NEW LIMITED-TIME MENU FEATURING THE GO-TO ORDERS FOR AMERICA'S TOP ATHLETES

Anthony Edwards, Sophia Smith, Taylor Fritz, Sara Hughes, and Jagger Eaton will have their favorite orders featured on the Chipotle app and Chipotle.com as limited-edition menu items Chipotle has also...

1 day ago - PRNewsWire

Chipotle Mexican Grill's Pricing Study Affirms Strong Value Proposition, Says Analyst

Raymond James analyst Brian M. Vaccaro reiterated an Outperform rating on the shares of Chipotle Mexican Grill Inc CMG and raised the price target from $67 to $70.

4 days ago - Benzinga

Where Is Chipotle Stock Headed Post Stock Split?

Chipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, announced a 50-to-1 stock split. That means the nu...

5 days ago - Forbes

What's Next for Chipotle After Its 50-for-1 Stock Split

Chipotle Mexican Grill (CMG) has completed its 50-for-1 stock split, and started trading on a split-adjusted basis Wednesday as the restaurant chain looks forward to its earnings next month and its lo...

6 days ago - Investopedia

3 things to know about Chipotle's 50-for-1 stock split

Chipotle Mexican Grill's (CMG) highly anticipated 50-for-1 stock split has officially taken effect Wednesday, marking a historic moment for the popular fast-casual restaurant chain and its investors. ...

6 days ago - Yahoo Finance

As Chipotle's stock split takes hold, here's what history has to say

Chipotle Mexican Grill Inc. no longer boasts a $3,000-plus share price, as it began trading Wednesday for the first time since conducting a massive 50-for-1 stock split.

6 days ago - Market Watch

CHIPOTLE (NYSE: CMG) SHARES TO BEGIN TRADING ON A POST-SPLIT BASIS TODAY

CMG will begin trading following the company's historic 50-for-1 stock split After market close yesterday, shareholders of record as of June 18, 2024, received 49 additional shares for each share held...

6 days ago - PRNewsWire

Nvidia, Apple And Microsoft Topped By Burrito Chain? Chipotle Worth $4 Trillion In Stock Split Error

Restaurant company Chipotle Mexican Grill CMG will complete a 50-for-1 stock split after the market closes on Tuesday, with shares trading at a new split-adjusted price to open Wednesday's trading ses...

7 days ago - Benzinga

Chipotle Stock Splits After the Close. What to Know.

Shares of the burrito chain will begin trading on a post-split basis at the market open on Wednesday, June 26.

7 days ago - Barrons

Chipotle's 50-to-1 stock split on deck

Chipotle is spicing up its stock with its 50-for-1 split set to begin trading on Wednesday. The move will allow more investors access to the high-priced equity.

7 days ago - Fox Business

What You Need To Know Ahead of Chipotle's 50-for-1 Stock Split Tuesday

Chipotle Mexican Grill (CMG) investors will soon see a much larger number of shares in their portfolios after Chipotle stock undergoes a 50-for-1 split after markets close Tuesday, with investors gain...

8 days ago - Investopedia

Why are there so many stock splits in 2024? After Nvidia and Walmart, Chipotle Mexican Grill is up this week

This week, the share price for Chipotle Mexican Grill will be reduced by a factor of 50. No, there is not a crisis at the company.

8 days ago - Fast Company

CHIPOTLE EXTENDS CELEBRITY STATUS TO BRAND SUPERFANS, LAUNCHES CARD APPLICATION ON LINKEDIN

For more than 20 years, Chipotle's iconic Celebrity Card has been primarily gifted to brand superfans who are athletes, artists, musicians, or influencers At a time when social media and the speed of ...

8 days ago - PRNewsWire

Chipotle's Stock Split Is First for the Restaurant Chain. It Will Be a Big One.

The fast-casual restaurant chain's shares closed Friday at $3,210.49.

8 days ago - Barrons

Chipotle's 50-for-1 stock split explained

Chipotle is splitting its stock shortly after reaching a new 52-week high. Here's what investors need to know.

11 days ago - The Street

Three-Stock Lunch: Nvidia, Eli Lilly & Chipotle

David Bahnsen, chief investment officer at the Bahnsen Group, joins 'Power Lunch' to discuss stock plays for three stocks, including Nvidia, Eli Lilly, and Chipotle.

Other symbols: LLYNVDA
11 days ago - CNBC Television

Chipotle (CMG) stock: is this Nvidia-like valuation justifiable?

Chipotle Mexican Grill (NYSE: CMG) stock price has done well in the past few years, making it one of the best-performing companies in the industry. It has soared by more than 56% in the past 12 months...

11 days ago - Invezz

Watch For These Key Levels as Chipotle Stock Drops Ahead of 50-for-1 Split

Shares in fast casual restaurant chain Chipotle Mexican Grill (CMG) will likely remain in focus Friday following a 6.2% decline on Thursday, their largest daily percentage loss since last July. The se...

11 days ago - Investopedia

What Chipotle Stock's 50-for-1 Split Means for Investors

Chipotle stock will start trading on a split-adjusted basis ahead of Wednesday's open.

12 days ago - Kiplinger

Top 4 Consumer Stocks that May Keep You Up At Night This Month

As of June 20, 2024, four stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BBYCHWYLZB
12 days ago - Benzinga

Can Chipotle continue to climb after stock split?

Nick Setyan, Wedbush, joins 'Fast Money' to talk strength of consumer spending, Chipotle's performance and stock split.

14 days ago - CNBC Television

Three-Stock Lunch: Virgin Galactic, Chipotle & Broadcom

Quint Tatro, Joule Financial president, joins 'Power Lunch' to discuss plays for these three stocks: Virgin Galactic, Chipotle, and Broadcom.

Other symbols: AVGOSPCE
14 days ago - CNBC Television

Is Bill Ackman's Chipotle Sale Cause for Concern?

Pershing Square Capital Management, the investment firm run by investing guru Bill Ackman (Trades, Portfolio), trimmed its stake in Chipotle Mexican Grill Inc. (CMG, Financial) by nearly 10% during th...

14 days ago - GuruFocus

Three Buys and a Bail: Broadcom, Chipotle, Walmart, and Nvidia

Jeff Kilburg, CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss four stocks: Broadcom, Chipotle, Walmart, and Nvidia.

Other symbols: AVGONVDAWMT
15 days ago - CNBC Television