Zacks Research Brokers Reduce Earnings Estimates for RRGB

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Equities researchers at Zacks Research reduced their Q4 2026 earnings per share (EPS) estimates for shares of Red Robin Gourmet Burgers in a note issued to investors on Tuesday, February 11th. Zacks Research analyst M. Kaushik now forecasts that the restaurant operator will post earnings of $0.44 per share for the quarter, down from their previous 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 Price Performance

Shares of Red Robin Gourmet Burgers stock opened at $5.17 on Thursday. The stock has a market capitalization of $89.92 million, a price-to-earnings ratio of -1.57 and a beta of 2.65. The business has a 50-day moving average of $5.57 and a 200 day moving average of $5.14. Red Robin Gourmet Burgers has a 12 month low of $2.97 and a 12 month high of $10.61.

Hedge Funds Weigh In On Red Robin Gourmet Burgers

A number of institutional investors and hedge funds have recently made changes to their positions in RRGB. Quantbot Technologies LP acquired a new stake in Red Robin Gourmet Burgers in the third quarter valued at approximately $34,000. R Squared Ltd acquired a new position in Red Robin Gourmet Burgers during the 4th quarter worth approximately $52,000. Wolverine Trading LLC purchased a new stake in shares of Red Robin Gourmet Burgers in the 3rd quarter valued at approximately $55,000. Raymond James Financial Inc. acquired a new stake in shares of Red Robin Gourmet Burgers in the 4th quarter valued at $63,000. Finally, Barclays PLC lifted its position in shares of Red Robin Gourmet Burgers by 489.6% during the 4th quarter. Barclays PLC now owns 12,270 shares of the restaurant operator’s stock worth $67,000 after purchasing an additional 10,189 shares during the last quarter. 84.04% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Jumana Capital Investments Llc bought 800,454 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average cost of $5.19 per share, for a total transaction of $4,154,356.26. Following the completion of the acquisition, the insider now owns 1,614,906 shares in the company, valued at approximately $8,381,362.14. This trade represents a 98.28 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.19% of the company’s stock.

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.