Zacks Research Has Bearish Forecast for RRGB Q4 Earnings

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Analysts at Zacks Research decreased their Q4 2026 earnings per share estimates for shares of Red Robin Gourmet Burgers in a research report issued on Tuesday, February 11th. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will post earnings per share of $0.44 for the quarter, down from their previous forecast of $0.47. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.93) per share.

Red Robin Gourmet Burgers Price Performance

Red Robin Gourmet Burgers stock opened at $5.07 on Thursday. Red Robin Gourmet Burgers has a 12-month low of $2.97 and a 12-month high of $10.61. The stock has a market capitalization of $88.24 million, a PE ratio of -1.55 and a beta of 2.65. The firm has a 50 day simple moving average of $5.57 and a 200-day simple moving average of $5.14.

Insider Buying and Selling at Red Robin Gourmet Burgers

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc purchased 800,454 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was bought at an average cost of $5.19 per share, with a total value of $4,154,356.26. Following the acquisition, the insider now owns 1,614,906 shares of the company’s stock, valued at $8,381,362.14. The trade was a 98.28 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.19% of the stock is currently owned by corporate insiders.

Institutional Trading of Red Robin Gourmet Burgers

A number of hedge funds and other institutional investors have recently made changes to their positions in RRGB. Quantbot Technologies LP acquired a new position in Red Robin Gourmet Burgers in the third quarter worth approximately $34,000. R Squared Ltd bought a new stake in shares of Red Robin Gourmet Burgers during the 4th quarter worth $52,000. Wolverine Trading LLC bought a new stake in shares of Red Robin Gourmet Burgers during the 3rd quarter worth $55,000. Raymond James Financial Inc. acquired a new position in shares of Red Robin Gourmet Burgers in the 4th quarter worth $63,000. Finally, XTX Topco Ltd raised its position in shares of Red Robin Gourmet Burgers by 139.9% during the third quarter. XTX Topco Ltd now owns 79,246 shares of the restaurant operator’s stock worth $349,000 after purchasing an additional 46,219 shares during the period. 84.04% of the stock is currently owned by institutional investors.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.