Chipotle Mexican Grill, Inc. (CMG)

NYSE: CMG · IEX Real-Time Price · USD
2,906.77
-16.69 (-0.57%)
At close: Mar 28, 2024, 4:00 PM
2,908.01
+1.24 (0.04%)
After-hours: Mar 28, 2024, 7:54 PM EDT
-0.57%
Market Cap 79.71B
Revenue (ttm) 9.87B
Net Income (ttm) 1.23B
Shares Out 27.42M
EPS (ttm) 44.34
PE Ratio 65.56
Forward PE 54.03
Dividend n/a
Ex-Dividend Date n/a
Volume 248,477
Open 2,945.00
Previous Close 2,923.46
Day's Range 2,903.01 - 2,947.80
52-Week Range 1,657.94 - 3,023.98
Beta 1.29
Analysts Buy
Price Target 2,455.22 (-15.53%)
Earnings Date Apr 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 27 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $2,455.22, which is a decrease of -15.53% from the latest price.

Price Target
$2,455.22
(-15.53% downside)
Analyst Consensus: Buy
Stock Forecasts

News

This Analyst With 85% Accuracy Rate Sees Around 23% Upside In Micron Technology - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Core & Main (NYSE:CNM), Chipotle Mexican Grill (NYSE:CMG)

U.S. stocks closed mostly lower on Friday. However, all three major indices notched gains last week, with the S&P 500 gaining about 2.3% and the Dow adding approximately 2% to record its best week sin...

Other symbols: CNMMU
3 days ago - Benzinga

Cramer's Stop Trading: Chipotle

CNBC's Jim Cramer explains why he is keeping an eye on shares of Chipotle.

6 days ago - CNBC Television

Cava Group stock price analysis: is this the next Chipotle?

Cava Group (NASDAQ: CAVA) stock price is thriving a few months after going public. It traded at about $43 on its first trading day, then peaked to $57, and crashed to $31 as the momentum faded.

Other symbols: CAVA
7 days ago - Invezz

Why Chipotle's 50-for-1 stock split looks 'attractive' to retail investors

Chipotle's (CMG) board of directors has approved a 50-for-1 stock split, allowing shares to become more accessible to staff and investors. The stock surpassed the $3,000 per share benchmark on Wednesd...

8 days ago - Yahoo Finance

Stock split drives Chipotle stock to $3,000

Chipotle shares passed $3,000 for the first time, but that price will change after the company announced its first ever stock split #chipotle #investing #stocks

8 days ago - Schwab Network

Chipotle jumps on 50-for-1 stock split

Nick Setyan, ​​Wedbush Securities restaurant analyst, and CNBC's Kate Rogers join ‘The Exchange' to discuss Chipotle as the company's board had approved a 50-for-1 split of its common stock.

8 days ago - CNBC Television

Chipotle (CMG) Was Overdue For A Stock Split, Rallies On News

Chipotle Mexican Grill (CMG) is rallying today after the 50-1 stock split announcement. This would be the first ever stock split for CMG and is set to take place on June 26th.

8 days ago - Schwab Network

Chipotle shares briefly surge past $3K — but will become more affordable for this reason

"They're also trying to do what Walmart has done in the sense that they want to give employees more economic ownership," an analyst said.

8 days ago - New York Post

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

Chipotle stock is sizzling Wednesday after the burrito chain announced a 50-for-1 stock split.

8 days ago - Kiplinger

Chipotle's 50-for-1 stock split mirrors Walmart

Chipotle's board of directors approved the first stock split in the company's 30-year-history after its stock reached an all-time-high. The move will make the stock more accessible.

8 days ago - Fox Business

Cramer's Mad Dash: Chipotle

CNBC's Jim Cramer delivers his daily Mad Dash.

8 days ago - CNBC Television

Chipotle shares are less expensive now — what to know about the historic stock split

Chipotle announced a 50-for-1 stock split in an effort to make its shares more accessible for investors. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS ...

8 days ago - The Street

Chipotle stock split and date get board approval and could be historic. What happens next?

Chipotle Mexican Grill (ticker: CMG) announced yesterday that its board of directors has approved a 50-for-1 stock split, which it says will be one of the largest stock splits in the history of the Ne...

8 days ago - Fast Company

Chipotle Board Approves 50-for-1 Stock Split

The move, if shareholders approve, would be the first stock split in the restaurant chain's 30-year history.

9 days ago - WSJ

Chipotle just announced a 50-for-1 stock split

Chipotle Mexican Grill Inc (NYSE: CMG) is up 7.0% in extended hours after announcing plans of a 50-for-1 stock split.

9 days ago - Invezz

Chipotle board approves 50-for-1 stock split

CNBC's Bertha Coombs joins 'Fast Money' with breaking news ona stock split out of Chipotle.

9 days ago - CNBC Television

Chipotle's board approves 50-to-1 stock split

Chipotle Mexican Grill Inc.'s stock rose more than 2% in extended trading Tuesday after the fast-casual restaurant chain said its board has approved a 50-for-1 stock split.

9 days ago - Market Watch

CHIPOTLE BOARD OF DIRECTORS APPROVES 50-FOR-1 STOCK SPLIT

RESTAURANT GENERAL MANAGERS WILL RECEIVE SPECIAL EQUITY GRANT NEWPORT BEACH, Calif. , March 19, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced that its Board of Director...

9 days ago - PRNewsWire

CHICKEN AL PASTOR IS BACK: CHIPOTLE REINTRODUCES ONE OF ITS MOST POPULAR MENU INNOVATIONS

Chipotle is answering the call from fans and adding Chicken al Pastor back to menus across North America, UK and Europe for a limited time Chicken al Pastor is a craveable protein featuring bold flavo...

16 days ago - PRNewsWire

CHIPOTLE MEXICAN GRILL TO ANNOUNCE FIRST QUARTER 2024 RESULTS ON APRIL 24, 2024

NEWPORT BEACH, Calif. , March 5, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Wednesday, April 24, 2024 at 4:30 PM Eastern time to discuss first quarter finan...

23 days ago - PRNewsWire

CHIPOTLE DOUBLES ITS COMMITMENT TO THE CULTIVATE NEXT VENTURE FUND TO $100 MILLION, MARKING ITS TWO-YEAR ANNIVERSARY

Introduced in 2022 with $50 million in funds, Chipotle is increasing its commitment to the Cultivate Next venture fund by an added $50 million Cultivate Next will continue to pursue new investments in...

4 weeks ago - PRNewsWire

CHIPOTLE CELEBRATES FEBRUARY'S EXTRA DAY WITH FREE GUAC

Chipotle is celebrating Leap Day on February 29 with a free guac offer* for Chipotle Rewards members who use code EXTRA24 at checkout on the Chipotle app and Chipotle.com  The brand is adding exciteme...

5 weeks ago - PRNewsWire

Top Wall Street analysts like these 3 stocks for long-term growth

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Chipotle Mexican Grill and Meta Platforms.

Other symbols: COSTMETA
5 weeks ago - CNBC

Chipotle says to expect ‘substantial' price increases in California after minimum wage hike

Jack Hartung, Chipotle's chief financial and administrative officer, said the price hikes are necessary to keep up with increasing labor costs.

7 weeks ago - New York Post

Jim Cramer says recent moves in Apple, Chipotle and Eli Lilly shares don't make sense

"When you see some action that doesn't make sense, keep in mind that authentic stupidity is a perfectly plausible explanation," CNBC's Jim Cramer said.

Other symbols: AAPLLLY
7 weeks ago - CNBC