In today’s recent session, 2.8 million shares of the Chipotle Mexican Grill (NYSE:CMG) have been traded, and its beta is 1.07. Most recently the company’s share price was $50.13, and it changed around -$0.86 or -1.68% from the last close, which brings the market valuation of the company to $67.55B. CMG at last check was trading at a discount to its 52-week high of $69.26, offering almost -38.16% off that amount. The share price’s 52-week low was $44.46, which indicates that the recent value has risen by an impressive 11.31% since then. We note from Chipotle Mexican Grill’s average daily trading volume that its 10-day average is 10.62 million shares, with the 3-month average coming to 13.90 million.
Chipotle Mexican Grill stock received a consensus recommendation rating of Buy, based on a mean score of 1.69. If we narrow it down even further, the data shows that 0 out of 35 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 10 recommended CMG as a Hold, whereas 20 deemed it a Buy, and 1 rated it as Underweight.
Chipotle Mexican Grill (NYSE:CMG) trade information
Instantly CMG has been showing red trend so far today with a performance of -1.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 51.43 on recent trading dayincreased the stock’s daily price by 2.53%. The company’s shares are currently down -16.86% year-to-date, but still down -2.59% over the last five days. On the other hand, Chipotle Mexican Grill (NYSE:CMG) is -1.50% down in the 30-day period. We can see from the shorts that 31.3 million shares have been sold at a short interest cover period of 2.19 day(s).
The consensus price target as assigned by Wall Street analysts is $65, which translates to bulls needing to increase their stock price by 22.88% from its current value. Analyst projections state that CMG is forecast to be at a low of $47 and a high of $72.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 35.11%. Chipotle Mexican Grill earnings are expected to increase by 8.51% in 2025, but the outlook is positive 15.07% per year for the next five years.
CMG Dividends
Chipotle Mexican Grill’s next quarterly earnings report is expected to be released on 2025-Apr-22.
Chipotle Mexican Grill (NYSE:CMG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.69% of Chipotle Mexican Grill shares, and 90.04% of them are in the hands of institutional investors. The stock currently has a share float of 90.66%. Chipotle Mexican Grill stock is held by 2057.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.7271% of the shares, which is about 119.81 million shares worth $7.51 billion.
BLACKROCK INC., with 7.9773% or 109.51 million shares worth $6.86 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 42.7 shares worth $2.14 billion, making up 3.17% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 36.88 shares worth around $1.85 billion, which represents about 2.74% of the total shares outstanding.
