Zacks Research Has Positive Forecast for RRGB Q2 Earnings

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Investment analysts at Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for shares of Red Robin Gourmet Burgers in a research report issued on Tuesday, January 28th. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will post earnings of ($0.34) per share for the quarter, up from their prior forecast of ($0.35). The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.93) per share. Zacks Research also issued estimates for Red Robin Gourmet Burgers’ FY2025 earnings at ($1.74) EPS and FY2026 earnings at ($0.33) EPS.

Red Robin Gourmet Burgers Stock Performance

Shares of Red Robin Gourmet Burgers stock opened at $6.01 on Friday. The company’s 50 day moving average price is $5.54 and its 200-day moving average price is $5.17. Red Robin Gourmet Burgers has a 52-week low of $2.97 and a 52-week high of $11.03. The stock has a market capitalization of $104.51 million, a price-to-earnings ratio of -1.83 and a beta of 2.64.

Insiders Place Their Bets

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc acquired 800,454 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were purchased at an average cost of $5.19 per share, for a total transaction of $4,154,356.26. Following the transaction, the insider now owns 1,614,906 shares in the company, valued at $8,381,362.14. This represents a 98.28 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought a total of 845,704 shares of company stock valued at $4,388,954 in the last quarter. Insiders own 3.19% of the company’s stock.

Institutional Trading of Red Robin Gourmet Burgers

A number of hedge funds have recently modified their holdings of RRGB. GSA Capital Partners LLP boosted its position in shares of Red Robin Gourmet Burgers by 482.8% in the 3rd quarter. GSA Capital Partners LLP now owns 634,961 shares of the restaurant operator’s stock worth $2,800,000 after purchasing an additional 526,016 shares in the last quarter. Bleakley Financial Group LLC bought a new stake in Red Robin Gourmet Burgers in the third quarter worth $537,000. Verition Fund Management LLC purchased a new stake in shares of Red Robin Gourmet Burgers in the third quarter worth $1,082,000. Millennium Management LLC purchased a new stake in shares of Red Robin Gourmet Burgers in the second quarter worth $2,777,000. Finally, Geode Capital Management LLC increased its holdings in shares of Red Robin Gourmet Burgers by 12.2% during the third quarter. Geode Capital Management LLC now owns 194,316 shares of the restaurant operator’s stock valued at $857,000 after acquiring an additional 21,062 shares in the last quarter. Institutional investors own 84.04% 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.