Chipotle Mexican Grill, Inc. (CMG)
| Market Cap | 88.16B |
| Revenue (ttm) | 10.20B |
| Net Income (ttm) | 1.30B |
| Shares Out | 27.47M |
| EPS (ttm) | 46.86 |
| PE Ratio | 68.49 |
| Forward PE | 56.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 245,380 |
| Open | 3,216.35 |
| Previous Close | 3,186.97 |
| Day's Range | 3,170.75 - 3,241.42 |
| 52-Week Range | 1,768.64 - 3,241.42 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 3,037.03 (-5.37%) |
| 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]
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 StatementsAnalyst Forecast
According to 29 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $3,037.03, which is a decrease of -5.37% from the latest price.
News
Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike
Prices at Chipotle, McDonald's and other fast-food giants in California are rising after a minimum wage hike went into effect in the state.
CMG, DPZ: IFMA CEO on Restaurant Stocks
Chipotle (CMG) sees comparable restaurant sales growth in the mid to high-single digits. IFMA President and CEO Phil Kafarakis discusses the outlook for Chipotle after earnings.
Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.
Chipotle stock price just hit an all-time high, even as other chains struggle to stay afloat
Shares of Chipotle Mexican Grill (CMG) hit an all-time high today, climbing 7.35% to $3,142 in afternoon trading. The increase comes after the popular burrito chain reported first-quarter earnings Wed...
The Chicken Crisis Is Over at Chipotle
Chipotle Chief Executive Officer Brian Niccol says the chicken crunch at the restaurant chain is over. Employees were asked last week to not have chicken with their own meals while working.
Chipotle CEO on Chicken Shortage, Raising Prices
Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol says there is no more chicken shortage at their restaurants. He also says the chain had to raise prices in California after the state r...
Chipotle Stock Climbs on Strong Q1 Earnings—Monitor This Important Price Level
Chipotle Mexican Grill (CMG) served up quarterly earnings and revenue that came in ahead of market expectations, sending the fast casual restaurant chain's shares more than 3% higher in premarket trad...
Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
Higher prices at Chipotle haven't kept customers from visiting and spending at the fast-casual restaurant. They're doing so because of value, executives said during the company's quarterly earnings ca...
Chipotle says California's minimum wage pushed menu prices up nearly 7 percent
The effects of California's $20 minimum wage for fast food workers are starting to show. Chipotle said the law raised wages at its restaurants by roughly 20%.
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.
META, CMG Earnings Just Released
Meta Platform's (META) 1Q adjusted EPS came in at $4.71 versus an estimated $4.32 and revenue came in at $36.46B versus an estimated $36.28B. Caroline Woods and Kevin Green discuss these earnings as M...
Hopefully we can navigate inflation without price increases, says Chipotle CEO
Brian Niccol, Chipotle CEO, joins 'Closing Bell Overtime' and CNBC's Kate Rogers to talk quarterly results, the state of the consumer, impact of inflation and more.
3-Stock Lunch: TXN, BIIB & CMG
Jerry Castellini, Castle Ark co-founder, joins ‘Power Lunch' to discuss plays for three stocks including: Texas Instruments, Biogen and Chipotle Mexican.
Chipotle shares rally after earnings beat, helped by new menu items
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for new menu items.
Chipotle is defying restaurant slump as earnings, traffic rise again
The burrito chain said traffic increased 5.4% in its first quarter.
CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS
COMPARABLE SALES INCREASE 7% DRIVEN BY OVER 5% TRANSACTION GROWTH AS MARGINS EXPAND NEWPORT BEACH, Calif. , April 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported finan...
Rising 25% Year To Date, Will Q1 Results Drive Chipotle Stock Higher?
Chipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, is scheduled to report its fiscal first-quarter re...
Health-conscious Gen Z, millennials keep buying Chipotle despite price hikes: report
Chipotle, which has some 400 stores in California, reported that its sales nationwide grew 8.4% last quarter – surpassing McDonald's and Starbucks.
Chipotle opens kicks off Middle East expansion with first Kuwait restaurant
Chipotle Mexican Grill Inc. has opened a location in Kuwait, marking its first restaurant in the Middle East and the first time Chipotle has entered a new country in 10 years.
CHIPOTLE INTRODUCES ITS REAL INGREDIENTS TO KUWAIT
In partnership with the Alshaya Group, a leading international franchise retail operator, Chipotle's first location in the Middle East has opened in Kuwait This marks the first time Chipotle has enter...
Chipotle Keeps Raising Prices. Gym Rats and Millennials Are Still Buying Burritos.
Despite repeated price increases, the burrito chain is outperforming restaurant competitors with customers who tend to have higher incomes and be health conscious.
CHIPOTLE BURRITOS GO GREEN IN AUGUSTA, GA TO KICK-OFF GOLF'S BIGGEST TOURNAMENT
Starting today through Sunday, April 14, Chipotle's restaurant in Augusta, GA will wrap guests' in-restaurant and digital burrito orders in a limited-edition green foil Chipotle is officially sponsori...
CHIPOTLE KICKS OFF PARTNERSHIP WITH TEKKEN™ 8, RETURNS WITH NEW EXCLUSIVE EXPERIENCES FOR THE FIGHTING GAME COMMUNITY (FGC)
Chipotle is an official partner of TEKKEN 8, the biggest fighting game release of 2024 For the first time, players can earn in-game currency with digital orders on the Chipotle app and Chipotle.com an...
CHIPOTLE HIDES MORE THAN $1 MILLION IN FREE BURRITOS INSIDE NEW BURRITO VAULT GAME AHEAD OF NATIONAL BURRITO DAY
Fans who crack the code in Chipotle's Burrito Vault have a chance to unlock a Buy-One-Get-One (BOGO) offer* to enjoy on Thursday, April 4 Burrito Vault is inspired by the cultural phenomenon of digita...
Our largest investors are 'happy' with stock split, care about growth and results, says Chipotle CFO
Jack Hartung, Chipotle CFO, joins 'Mad Money' host Jim Cramer to talk its recent stock split announcement, opening new restaurants, consumer trends and more.