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Best Restaurant Stocks to Buy Now (2024)
Top restaurant stocks in 2024 ranked by overall Zen Score. See the best restaurant stocks to buy now, according to analyst forecasts for the restaurants industry.

Industry: Restaurants
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CMG
CHIPOTLE MEXICAN GRILL INC
$73.73BN/A0.00%N/AN/AN/AN/A
BH
BIGLARI HOLDINGS INC
$384.56MN/A0.00%N/AN/AN/AN/A
KRUS
KURA SUSHI USA INC
$1.06BN/A0.00%N/AN/AN/AN/A
QSR
RESTAURANT BRANDS INTERNATIONAL INC
$24.35B2.83%57.60%$0.5500$2.2053%02024-03-202024-04-04
CAKE
CHEESECAKE FACTORY INC
$1.81B3.05%51.40%$0.2700$1.0855%12024-03-052024-03-19
BROS
DUTCH BROS INC
$5.26BN/A0.00%N/AN/AN/AN/A
PZZA
PAPA JOHNS INTERNATIONAL INC
$2.29B2.57%72.30%$0.4600$1.8049%0
MCD
MCDONALDS CORP
$209.92B2.19%53.60%$1.6700$6.3843%02024-03-15
TXRH
TEXAS ROADHOUSE INC
$10.00B1.47%48.20%$0.5500$2.2029%02024-03-122024-03-26
WEN
WENDY's CO
$3.70B5.55%102.00%$0.2500$1.0081%12024-03-15
JACK
JACK IN THE BOX INC
$1.46B2.36%30.70%$0.4400$1.7646%02024-03-142024-03-27
CHUY
CHUY's HOLDINGS INC
$587.49MN/A0.00%N/AN/AN/AN/A
YUMC
YUM CHINA HOLDINGS INC
$17.21B1.21%26.10%$0.1300$0.5224%02024-03-042024-03-26
RICK
RCI HOSPITALITY HOLDINGS INC
$532.75M0.42%8.60%$0.0600$0.246%22024-03-142024-03-29
SBUX
STARBUCKS CORP
$105.48B2.36%57.40%$0.5700$2.2046%0
BLMN
BLOOMIN' BRANDS INC
$2.44B2.57%25.40%$0.2400$0.7249%12024-03-052024-03-20
WING
WINGSTOP INC
$10.75B0.22%34.70%$0.2200$0.822%02024-03-072024-03-29
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
$1.47B7.84%137.90%$1.3000$5.2089%52024-04-112024-05-07
ARCO
ARCOS DORADOS HOLDINGS INC
$2.49B1.61%20.90%$0.0400$0.1932%5
PTLO
PORTILLO's INC
$1.04BN/A0.00%N/AN/AN/AN/A
DRI
DARDEN RESTAURANTS INC
$20.45B3.00%60.40%$1.3100$5.1455%1
NATH
NATHANS FAMOUS INC
$285.15M2.86%43.00%$0.5000$2.0053%1
RAVE
RAVE RESTAURANT GROUP INC
$26.55MN/A0.00%N/AN/AN/AN/A
DPZ
DOMINOS PIZZA INC
$15.57B1.08%32.70%$1.2100$4.8421%02024-03-142024-03-29
SHAK
SHAKE SHACK INC
$4.54BN/A0.00%N/AN/AN/AN/A
YUM
YUM BRANDS INC
$38.66B1.81%54.40%$0.6700$2.4936%12024-03-08
CAVA
CAVA GROUP INC
$6.65BN/A0.00%N/AN/AN/AN/A
BTBD
BT BRANDS INC
$10.93MN/A0.00%N/AN/AN/AN/A
BDL
FLANIGANS ENTERPRISES INC
$48.32M1.73%24.10%$0.4500$0.4535%1
FWRG
FIRST WATCH RESTAURANT GROUP INC
$1.52BN/A0.00%N/AN/AN/AN/A
SG
SWEETGREEN INC
$1.85BN/A0.00%N/AN/AN/AN/A
DIN
DINE BRANDS GLOBAL INC
$748.31M4.16%32.70%$0.5100$2.0470%22024-03-192024-04-05
SDOT
SADOT GROUP INC
$15.99MN/A0.00%N/AN/AN/AN/A
LOCO
EL POLLO LOCO HOLDINGS INC
$302.18MN/A0.00%N/AN/AN/AN/A
BETS
BIT BROTHER LTD
$695.05kN/A0.00%N/AN/AN/AN/A
STKS
ONE GROUP HOSPITALITY INC
$126.03MN/A0.00%N/AN/AN/AN/A
DENN
DENNY's CORP
$480.21MN/A0.00%N/AN/AN/AN/A
BJRI
BJS RESTAURANTS INC
$829.06MN/A0.00%$0.1300N/AN/A0
FAT
FAT BRANDS INC
$146.40M3.21%-6.70%$0.1400$0.2857%0
GTIM
GOOD TIMES RESTAURANTS INC
$26.52MN/A0.00%N/AN/AN/AN/A
CNNE
CANNAE HOLDINGS INC
$1.59BN/A0.00%N/AN/AN/AN/A
EAT
BRINKER INTERNATIONAL INC
$2.05BN/A0.00%$0.3800N/AN/A0
ARKR
ARK RESTAURANTS CORP
$50.39M5.36%-39.50%$0.1875$0.7580%12024-03-13
PNST
PINSTRIPES HOLDINGS INC
$139.91MN/A0.00%N/AN/AN/AN/A
NDLS
NOODLES & CO
$112.55MN/A0.00%N/AN/AN/AN/A
PBPB
POTBELLY CORP
$414.55MN/A0.00%N/AN/AN/AN/A
YOSH
YOSHIHARU GLOBAL CO
$5.65MN/A0.00%N/AN/AN/AN/A
BFI
BURGERFI INTERNATIONAL INC
$17.52MN/A0.00%N/AN/AN/AN/A
REBN
REBORN COFFEE INC
$2.30MN/A0.00%N/AN/AN/AN/A
CHSN
CHANSON INTERNATIONAL HOLDING
$20.32MN/A0.00%N/AN/AN/AN/A
TAST
CARROLS RESTAURANT GROUP INC
$515.53M0.21%0.00%$0.0200$0.022%02024-03-082024-04-05
RRGB
RED ROBIN GOURMET BURGERS INC
$117.80MN/A0.00%N/AN/AN/AN/A
THCH
TH INTERNATIONAL LTD
$219.21MN/A0.00%N/AN/AN/AN/A
GENK
GEN RESTAURANT GROUP INC
$246.31MN/AN/AN/AN/AN/AN/A

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best restaurant stocks to buy right now are:

1. Chipotle Mexican Grill (NYSE:CMG)


Chipotle Mexican Grill (NYSE:CMG) is the top restaurant stock with a Zen Score of 52, which is 21 points higher than the restaurant industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals. Chipotle Mexican Grill has seen its stock return 81.09% over the past year, overperforming other restaurant stocks by 76 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $2,573.00, a downside of -4.31% from Chipotle Mexican Grill's current stock price of $2,688.78.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Chipotle Mexican Grill, 42.11% have issued a Strong Buy rating, 26.32% have issued a Buy, 31.58% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Biglari Holdings (NYSE:BH)


Biglari Holdings (NYSE:BH) is the second best restaurant stock with a Zen Score of 52, which is 21 points higher than the restaurant industry average of 31. It passed 16 out of 33 due diligence checks and has strong fundamentals. Biglari Holdings has seen its stock lose -5.59% over the past year, underperforming other restaurant stocks by -11 percentage points.

3. Kura Sushi Usa (NASDAQ:KRUS)


Kura Sushi Usa (NASDAQ:KRUS) is the third best restaurant stock with a Zen Score of 48, which is 17 points higher than the restaurant industry average of 31. It passed 16 out of 33 due diligence checks and has strong fundamentals. Kura Sushi Usa has seen its stock return 49.91% over the past year, overperforming other restaurant stocks by 44 percentage points.

Kura Sushi Usa has an average 1 year price target of $86.00, a downside of -9.71% from Kura Sushi Usa's current stock price of $95.25.

Kura Sushi Usa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Kura Sushi Usa, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the restaurant stocks with highest dividends?

Out of 23 restaurant stocks that have issued dividends in the past year, the 3 restaurant stocks with the highest dividend yields are:

1. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) has an annual dividend yield of 7.84%, which is 5 percentage points higher than the restaurant industry average of 2.6%. Cracker Barrel Old Country Store's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cracker Barrel Old Country Store's dividend has shown consistent growth over the last 10 years.

Cracker Barrel Old Country Store's dividend payout ratio of 137.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) has an annual dividend yield of 5.55%, which is 3 percentage points higher than the restaurant industry average of 2.6%. Wendy's Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Wendy's Co's dividend has shown consistent growth over the last 10 years.

Wendy's Co's dividend payout ratio of 102% indicates that its high dividend yield might not be sustainable for the long-term.

3. Ark Restaurants (NASDAQ:ARKR)


Ark Restaurants (NASDAQ:ARKR) has an annual dividend yield of 5.36%, which is 3 percentage points higher than the restaurant industry average of 2.6%. Ark Restaurants's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Ark Restaurants's dividend has not shown consistent growth over the last 10 years.

Ark Restaurants's dividend payout ratio of -39.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are restaurant stocks up?

Restaurant stocks were up 0.24% in the last day, and up 1.91% over the last week. Sweetgreen was the among the top gainers in the restaurants industry, gaining 28.41% yesterday.

Sweetgreen shares are trading higher after the company reported better-than-expected Q4 financial results.

What are the most undervalued restaurant stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued restaurant stocks right now are:

1. Jack In The Box (NASDAQ:JACK)


Jack In The Box (NASDAQ:JACK) is the most undervalued restaurant stock based on WallStreetZen's Valuation Score. Jack In The Box has a valuation score of 86, which is 52 points higher than the restaurant industry average of 34. It passed 6 out of 7 valuation due diligence checks.

Jack In The Box's stock has dropped -12.33% in the past year. It has underperformed other stocks in the restaurant industry by -18 percentage points.

2. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Wendy's Co has a valuation score of 71, which is 37 points higher than the restaurant industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Wendy's Co's stock has dropped -18.83% in the past year. It has underperformed other stocks in the restaurant industry by -24 percentage points.

3. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) is the third most undervalued restaurant stock based on WallStreetZen's Valuation Score. Cracker Barrel Old Country Store has a valuation score of 71, which is 37 points higher than the restaurant industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -40.16% in the past year. It has underperformed other stocks in the restaurant industry by -46 percentage points.

Are restaurant stocks a good buy now?

52.63% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to fall by -0.67% over the next year.

What is the average p/e ratio of the restaurants industry?

The average P/E ratio of the restaurants industry is 45.17x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.