Zacks Research Analysts Lower Earnings Estimates for RRGB

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Investment analysts at Zacks Research lowered their Q4 2026 earnings per share (EPS) estimates for shares of Red Robin Gourmet Burgers in a research report issued to clients and investors 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 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 Down 1.1 %

RRGB opened at $5.07 on Thursday. The firm’s 50 day moving average is $5.57 and its 200-day moving average is $5.14. Red Robin Gourmet Burgers has a 52-week low of $2.97 and a 52-week high of $10.61. The firm has a market capitalization of $88.24 million, a P/E ratio of -1.55 and a beta of 2.65.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Pacific Ridge Capital Partners LLC lifted its position in shares of Red Robin Gourmet Burgers by 8.7% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,069,632 shares of the restaurant operator’s stock worth $5,872,000 after purchasing an additional 85,518 shares during the last quarter. GSA Capital Partners LLP boosted its position in Red Robin Gourmet Burgers by 482.8% during the 3rd quarter. GSA Capital Partners LLP now owns 634,961 shares of the restaurant operator’s stock valued at $2,800,000 after purchasing an additional 526,016 shares during the period. Verition Fund Management LLC acquired a new stake in Red Robin Gourmet Burgers in the third quarter worth $1,082,000. Bandera Partners LLC bought a new stake in Red Robin Gourmet Burgers in the fourth quarter valued at $1,260,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Red Robin Gourmet Burgers by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 198,525 shares of the restaurant operator’s stock valued at $1,090,000 after acquiring an additional 4,209 shares during the period. 84.04% of the stock is currently owned by institutional investors.

Insider Activity

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