Zacks Research Brokers Decrease Earnings Estimates for RRGB

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Equities research analysts at Zacks Research decreased their Q4 2026 earnings per share estimates for shares of Red Robin Gourmet Burgers in a note issued to investors 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 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 Trading Down 3.3 %

RRGB opened at $5.00 on Thursday. The firm has a market cap of $86.95 million, a price-to-earnings ratio of -1.52 and a beta of 2.65. Red Robin Gourmet Burgers has a 12 month low of $2.97 and a 12 month high of $10.61. The stock has a fifty day moving average price of $5.56 and a 200-day moving average price of $5.14.

Insider Transactions at Red Robin Gourmet Burgers

In related news, insider Jumana Capital Investments Llc purchased 800,454 shares of Red Robin Gourmet Burgers stock in a transaction dated Tuesday, December 3rd. The stock was purchased at an average cost of $5.19 per share, with a total value of $4,154,356.26. Following the transaction, the insider now owns 1,614,906 shares in the company, valued at approximately $8,381,362.14. The trade was a 98.28 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.19% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Pacific Ridge Capital Partners LLC increased its position in Red Robin Gourmet Burgers by 8.7% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 1,069,632 shares of the restaurant operator’s stock valued at $5,872,000 after buying an additional 85,518 shares in the last quarter. GSA Capital Partners LLP increased 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 buying an additional 526,016 shares in the last quarter. Verition Fund Management LLC acquired a new position in Red Robin Gourmet Burgers during the 3rd quarter valued at about $1,082,000. Bandera Partners LLC acquired a new position in Red Robin Gourmet Burgers during the 4th quarter valued at about $1,260,000. Finally, Geode Capital Management LLC increased its position in Red Robin Gourmet Burgers by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 198,525 shares of the restaurant operator’s stock valued at $1,090,000 after buying an additional 4,209 shares in the last quarter. 84.04% of the stock is owned by institutional investors and hedge funds.

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.