Chipotle Mexican Grill, Inc. (CMG)

NYSE: CMG · IEX Real-Time Price · USD
53.60
+0.06 (0.11%)
Jul 22, 2024, 2:12 PM EDT - Market open
0.11%
Market Cap 73.25B
Revenue (ttm) 10.20B
Net Income (ttm) 1.30B
Shares Out 1.37B
EPS (ttm) 0.94
PE Ratio 56.91
Forward PE 45.34
Dividend n/a
Ex-Dividend Date n/a
Volume 7,327,875
Open 53.48
Previous Close 53.54
Day's Range 52.98 - 54.03
52-Week Range 35.37 - 69.26
Beta 1.24
Analysts Buy
Price Target 64.45 (+20.27%)
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 $64.45, which is an increase of 20.27% from the latest price.

Price Target
$64.45
(20.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

This Analyst With 86% Accuracy Rate Sees Around 16% Upside In Alphabet - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 350 points during the session.

Other symbols: GOOGGOOGLCOINMCDPRDO
6 hours ago - Benzinga

Tesla, AT&T, Alphabet, Chipotle, Visa, and More Stocks to Watch This Week

Second-quarter earnings season continues with Verizon, Alphabet, Coca-Cola, Comcast, General Motors, Tesla, Visa, AT&T, Chipotle, and Newmont.

Other symbols: GOOGGOOGLTTSLAV
1 day ago - Barrons

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Other symbols: CEGLNGNEMNSIT
2 days ago - Benzinga

Goldman Sachs' John Marshall breaks down top earnings trades

John Marshall, Goldman Sachs head of derivatives research, joins 'Money Movers' to discuss tactical trades.

Other symbols: ALLENPHSBUX
10 days ago - CNBC Television

Rise of the Restaurant Robots: Chipotle, Sweetgreen and Others Bet on Automation

Kernel, a New York City startup from Chipotle Mexican Grill founder Steve Ells, uses a robotic arm to flip plant-based burger patties and a conveyor belt to move dishes along the assembly line. Humans...

Other symbols: SG
11 days ago - WSJ

Cava, Sweetgreen, Chipotle Stock Are Down This Week. What's Behind the Selloff.

Shares of fast-casual restaurants Cava, Sweetgreen, Wingstop, Chipotle and Shake Shack have slipped this week.

Other symbols: CAVASG
12 days ago - Barrons

Chipotle stock wavers after CFO announces retirement

Chipotle Mexican Grill's stock (CMG) continues to face downward pressure in Wednesday's trading session, as investors digest the news that long-time Chief Financial Officer Jack Hartung will be steppi...

12 days ago - Yahoo Finance

Chipotle CFO Jack Hartung to retire in 2025

Shares of Chipotle Mexican Grill (CMG) are slightly dipping after the market close on Tuesday after the company announced that longtime CFO Jack Hartung is set to retire in 2025. Chipotle veteran Adam...

12 days ago - Yahoo Finance

Here's why the Chipotle Mexican Grill stock price is falling apart

Chipotle Mexican Grill's (NYSE: CMG) stock price is falling apart after having one of the most spectacular performances in the past few years. It is nearing a bear market as it dropped by more than 17...

12 days ago - Invezz

Chipotle CFO Jack Hartung to Retire in March

Adam Rymer, now the restaurant chain's vice president of finance, will take over as finance chief Jan. 1

12 days ago - WSJ

Chipotle's longtime CFO to retire in March

Adam Rymer to assume CFO role on Jan. 1, as Jack Hartung prepares to depart.

12 days ago - Market Watch

CHIPOTLE ANNOUNCES RETIREMENT OF CFO JACK HARTUNG IN 2025

CHIPOTLE VETERAN ADAM RYMER NAMED SUCCESSOR NEWPORT BEACH, Calif. , July 9, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced that after nearly 25 years with the company, Jack Ha...

12 days ago - PRNewsWire

Watch For These Levels as Chipotle Stock Price Retreats From Record Highs

Shares in fast casual chain Chipotle Mexican Grill (CMG) dropped more than 5% on Monday, giving back a further portion of the impressive gains the stock registered after the burrito maker announced a ...

13 days ago - Investopedia

Chipotle Stock Tumbles as Excitement Over Its 50-to-1 Stock Split Fades

Chipotle Mexican Grill (CMG) was one of the worst-performing stocks in the S&P 500 on Monday, falling more than 5%, as investor excitement over the Mexican fast-food chain's 50-for-1 stock split conti...

13 days ago - Investopedia

Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers

Even as inflation cools, customers are still bristling at higher prices and say inflation is a major concern. Walmart, Chipotle and Wendy's are among the companies that have felt the ire of customers ...

Other symbols: WMT
14 days ago - CNBC

Chipotle Stock Is More Expensive Than Nvidia. It's Down 10% From Its Peak.

Chipotle is one of the most expensive stocks in the market today. Shares are trading at 46 times expected earnings for the next fiscal year.

19 days ago - Barrons

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

Artificial intelligence (AI) is revolutionizing the restaurant industry.

Other symbols: MCDSBUX
20 days 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...

21 days 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.

24 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...

25 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...

26 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. ...

26 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.

26 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...

26 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...

27 days ago - Benzinga