Zacks Research Analysts Increase Earnings Estimates for RRGB

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Equities research analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Red Robin Gourmet Burgers in a research note issued on Tuesday, January 28th. Zacks Research analyst M. Kaushik now forecasts that the restaurant operator will post earnings per share of ($0.34) 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

NASDAQ RRGB opened at $6.38 on Friday. The company has a 50-day moving average price of $5.51 and a two-hundred day moving average price of $5.16. Red Robin Gourmet Burgers has a 52 week low of $2.97 and a 52 week high of $11.03.

Institutional Trading of Red Robin Gourmet Burgers

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GSA Capital Partners LLP grew its holdings 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 acquiring an additional 526,016 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Red Robin Gourmet Burgers during the second quarter valued at $2,777,000. Verition Fund Management LLC acquired a new position in shares of Red Robin Gourmet Burgers in the 3rd quarter valued at $1,082,000. Marshall Wace LLP increased its stake in Red Robin Gourmet Burgers by 188.9% in the 2nd quarter. Marshall Wace LLP now owns 368,541 shares of the restaurant operator’s stock worth $2,790,000 after purchasing an additional 240,954 shares in the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in Red Robin Gourmet Burgers during the 3rd quarter worth about $537,000. 84.04% of the stock is owned by institutional investors and hedge funds.

Insider Activity 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 bought at an average cost of $5.19 per share, with a total value of $4,154,356.26. Following the purchase, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have acquired a total of 845,704 shares of company stock worth $4,388,954 in the last three months. 3.19% of the stock is owned by company insiders.

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.