Zacks Research Brokers Decrease Earnings Estimates for RRGB

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

Red Robin Gourmet Burgers Stock Performance

Shares of Red Robin Gourmet Burgers stock opened at $5.00 on Thursday. The stock has a 50 day moving average price of $5.56 and a 200-day moving average price of $5.14. Red Robin Gourmet Burgers has a one year low of $2.97 and a one year high of $10.61. The stock has a market cap of $86.95 million, a price-to-earnings ratio of -1.52 and a beta of 2.65.

Insider Activity at Red Robin Gourmet Burgers

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc acquired 800,454 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was bought at an average price of $5.19 per share, for a total transaction of $4,154,356.26. Following the acquisition, the insider now directly owns 1,614,906 shares in the company, valued at $8,381,362.14. The trade was a 98.28 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.19% of the stock is owned by company insiders.

Hedge Funds Weigh In On Red Robin Gourmet Burgers

Large investors have recently bought and sold shares of the business. Quantbot Technologies LP purchased a new position in Red Robin Gourmet Burgers during the 3rd quarter valued at $34,000. R Squared Ltd bought a new stake in Red Robin Gourmet Burgers during the 4th quarter valued at $52,000. Wolverine Trading LLC bought a new stake in Red Robin Gourmet Burgers during the 3rd quarter valued at $55,000. Raymond James Financial Inc. bought a new stake in Red Robin Gourmet Burgers during the 4th quarter valued at $63,000. Finally, Barclays PLC raised its position in Red Robin Gourmet Burgers by 489.6% during the 4th quarter. Barclays PLC now owns 12,270 shares of the restaurant operator’s stock valued at $67,000 after purchasing an additional 10,189 shares in the last quarter. Hedge funds and other institutional investors own 84.04% of the company’s stock.

About Red Robin Gourmet Burgers

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.