Chipotle Mexican Grill, Inc. (CMG)
| Market Cap | 62.76B |
| Revenue (ttm) | 9.54B |
| Net Income (ttm) | 1.17B |
| Shares Out | 27.44M |
| EPS (ttm) | 42.16 |
| PE Ratio | 54.24 |
| Forward PE | 44.90 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 184,722 |
| Open | 2,282.51 |
| Previous Close | 2,278.38 |
| Day's Range | 2,268.47 - 2,288.35 |
| 52-Week Range | 1,344.05 - 2,348.42 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 2,186.73 (-4.38%) |
| Earnings Date | Feb 6, 2024 |
About CMG
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California. [Read more]
Financial Performance
In 2022, CMG's revenue was $8.63 billion, an increase of 14.41% compared to the previous year's $7.55 billion. Earnings were $899.10 million, an increase of 37.69%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $2,186.73, which is a decrease of -4.38% from the latest price.
News
How McDonald's, Chipotle, Starbucks are preparing for the fast-food worker battles to come in 2024
McDonald's, Chipotle, Starbucks, Taco Bell, Shake Shack, In-N-Out Burger and other fast-food restaurants hope they dodged a bullet in the minimum wage hike.
Chipotle transactions could decelerate after the first quarter of 2024, says Wedbush's Nick Setyan
Nick Setyan, Wedbush Securities equity research analyst, joins 'Squawk on the Street' to discuss his top restaurant picks for 2024.
Ordering on the Chipotle app or at the Krispy Kreme drive-through? You might be talking to AI.
Customers placing an order at a Krispy Kreme or White Castle drive-through, or on the Chipotle app, might find that artificial intelligence is on the receiving end.
Chipolte Mexican Grill invests in two start-ups from its $50M Cultivate Next venture fund
Chipotle Mexican Grill CMG, +1.09% said Wednesday it invested an undisclosed amount of money from its $50 million Cultivate Next venture capital fund in two privately-backed start-ups. Greenfield Robo...
CHIPOTLE INVESTS IN AUTONOMOUS AGRICULTURAL ROBOTS AND CLIMATE-SMART FERTILIZER TO IMPROVE THE FUTURE OF FARMING
The company's latest Cultivate Next cohorts include Greenfield Robotics and Nitricity NEWPORT BEACH, Calif. , Dec. 13, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is in...
CHIPOTLE MEXICAN GRILL TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2023 RESULTS ON FEBRUARY 6, 2024
NEWPORT BEACH, Calif. , Dec. 7, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Tuesday, February 6, 2024 at 4:30 PM Eastern time to discuss fourth quarter and f...
CHIPOTLE DRIVES HOLIDAY GIFTING TO NEXT LEVEL WITH FAN-INSPIRED CAR NAPKIN HOLDER AND MYSTERY TEES
Chipotle created a Car Napkin Holder inspired by fans who stash stacks of Chipotle napkins in their car Brand also partnered with artist superfans to create limited edition t-shirt designs Plus, new h...
Three-Stock Lunch: Chipotle, Netflix and Clorox
Victoria Greene, G Squared chief investment officer, joins ‘Power Lunch' to discuss three stocks: Chipotle, Netflix and Clorox.
What Me Worry? Consumer stocks surge despite high inflation
In the past month, consumer discretionary stocks have been on a tear, with the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY returning 10.47%. That led all sectors except technology sto...
How Chipotle's Founder Is Moving Beyond Burritos
Steve Ells returns to the restaurant industry with a new concept light on meat and long on automation.
Who's afraid of Ozempic? From restaurants to package makers, companies work to calm investors' GLP-1 jitters.
That's the message from many corporate executives who have lately been peppered with questions about how Wegovy, Ozempic and other drugs widely used for weight loss may impact their bottom line.
CHIPOTLE NAMES ILENE ESKENAZI CHIEF HUMAN RESOURCES OFFICER
Company appoints new executives to support its rapid growth and 110,000+ workforce Lois Alexis-Collins, reporting to Eskenazi, to serve as Chief People Officer, Field Operations NEWPORT BEACH, Calif. ...
McDonald's, Chipotle hiking menu prices after California raises fast-food minimum wage
McDonald's -- which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year -- already charges $18 for a Big Mac meal in some locations.
Earnings for the week of October 23, 2023: Chipotle, Decker Outdoor, Amazon, Ford, Intel, and more
Yahoo Finance breaks down earnings for the week of October 23, 2023. 00:00 Intro 00:12 Chipotle earnings CFO John Hartung 07:29 Decker Outdoor earnings makers of Uggs and Hoka 10:02 Amazon earnings 16...
Chipotle and McDonald's to Raise Prices in California After Minimum Wage Hike
Chipotle Mexican Grill and McDonald's plan to increase menu prices in California next year. The decision is a response to the state's forthcoming minimum wage hike for fast-food workers, which will se...
McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
McDonald's CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term.
Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos
In this weekly feature, we highlight a company that reported earnings that came in outside of analysts' expectations, with a focus on what the beat or miss says about consumer demand and economic acti...
Chipotle prices are 'lower than competitors,' CFO says on Q3 earnings beat despite price hikes
Chipotle (CMG) easily beat Wall Street expectations in its third-quarter earnings report released Thursday. The company has faced several price hikes for its food in the past several years but custome...
Cramer's Mad Dash: Chipotle
CNBC's Jim Cramer delivers his daily Mad Dash.
Chipotle's Q3 results could make it a standout in restaurant earnings season
Chipotle Mexican Grill Inc. kicked off restaurant earnings season after market close Thursday, reporting transaction growth through its third quarter, despite swirling concerns about consumer spending...
Chipotle earnings beat estimates, helped by higher menu prices
CNBC's Joe Kernen reports on the company's quarterly earnings results.
Chipotle Q3 earnings beats estimates, stock has outperformed the S&P 500 this year.
Yahoo Finance reporter Brooke DiPalma breaks down the Q3 earnings for Chipotle. Chipotle (CMG) reported its third quarter earnings results on Thursday after the market close, beating estimates on its ...
Chipotle Taps Automation to Boost eCommerce Capacity Even as Digital Ordering Declines
Chipotle is testing automated technology to boost the capacity and efficiency of its makelines for eCommerce orders, even as consumers shift away from its digital channels. The fast-casual giant, whic...
Q3 growth was driven by transactions and execution, says Chipotle CEO Brian Niccol
Brian Niccol, Chipotle CEO, joins 'Closing Bell Overtime' to talk quarterly results, the impact of weight-loss drugs, integrating robotics and more.