Should I buy or sell Carrols Restaurant Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TAST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAST, but not buy additional shares or sell existing shares. View TAST analyst ratings or view top-rated stocks .

What is Carrols Restaurant Group's stock price target for 2024?

3 brokerages have issued 12-month price objectives for Carrols Restaurant Group's shares. Their TAST share price targets range from $7.50 to $9.55. On average, they predict the company's share price to reach $8.87 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. View analysts price targets for TAST or view top-rated stocks among Wall Street analysts .

How have TAST shares performed in 2024?

Carrols Restaurant Group's stock was trading at $7.88 at the beginning of 2024. Since then, TAST stock has increased by 20.7% and is now trading at $9.51. View the best growth stocks for 2024 here .

When is Carrols Restaurant Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TAST earnings forecast .

How were Carrols Restaurant Group's earnings last quarter?

Carrols Restaurant Group, Inc. (NASDAQ:TAST) posted its quarterly earnings data on Friday, March, 8th. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.05. The restaurant operator earned $470.36 million during the quarter, compared to analysts' expectations of $470.41 million. Carrols Restaurant Group had a net margin of 1.80% and a trailing twelve-month return on equity of 19.41%.

How often does Carrols Restaurant Group pay dividends? What is the dividend yield for Carrols Restaurant Group?

Carrols Restaurant Group declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 11th will be given a dividend of $0.02 per share on Friday, April 5th. This represents a $0.08 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Friday, March 8th. Read our dividend analysis for TAST .

Is Carrols Restaurant Group a good dividend stock?

Carrols Restaurant Group (NASDAQ:TAST) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 15.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TAST will have a dividend payout ratio of 38.10% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TAST .

What ETF holds Carrols Restaurant Group's stock?

AdvisorShares Restaurant ETF holds 19,200 shares of TAST stock, representing 4.05% of its portfolio.

What is Dan Accordino's approval rating as Carrols Restaurant Group's CEO?

56 employees have rated Carrols Restaurant Group Chief Executive Officer Dan Accordino on Glassdoor.com . Dan Accordino has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Carrols Restaurant Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Gran Tierra Energy (GTE) , Pennsylvania Real Estate Investment Trust (PEI) , CNBX Pharmaceuticals (CNBX) , DHT (DHT) , Hallador Energy (HNRG) , Matinas BioPharma (MTNB) , EnLink Midstream (ENLC) , Novan (NOVN) , Washington Prime Group (WPG) and Zosano Pharma (ZSAN) .

How do I buy shares of Carrols Restaurant Group?

Shares of TAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Carrols Restaurant Group have any subsidiaries?

The following companies are subsidiares of Carrols Restaurant Group: Carrols Corporation, Carrols LLC, and Republic Foods Inc.. Read More

NASDAQ:TAST

Carrols Restaurant Group (TAST) Stock Price, News & Analysis

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$9.51

+0.02 (+0.21%)

(As of 02:51 PM ET)

Compare

Today's Range: $9.49
▼
$9.51
50-Day Range: $9.41
▼
$9.51
52-Week Range: $2.82
▼
$9.54

Volume: 175,037 shs
Average Volume: 979,636 shs
Market Capitalization: $545.68 million

P/E Ratio: 18.29
Dividend Yield: 0.84%
Price Target: $8.87

Get Carrols Restaurant Group alerts:

Carrols Restaurant Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 6.8% Downside
$8.87 Price Target
Short Interest: Healthy
2.83% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.49
Upright™ Environmental Score
News Sentiment: 1.01
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -67.19%
From $0.64 to $0.21 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.13 out of 5 stars

Retail/Wholesale Sector

105th out of 198 stocks

Eating Places Industry

25th out of 41 stocks

1.0

Analyst's Opinion

Consensus Rating
Carrols Restaurant Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Carrols Restaurant Group has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.83% of the float of Carrols Restaurant Group has been sold short.
Short Interest Ratio / Days to Cover
Carrols Restaurant Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Carrols Restaurant Group has recently increased by 17.85%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Carrols Restaurant Group has a dividend yield of 0.84%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Carrols Restaurant Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Carrols Restaurant Group is 15.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Carrols Restaurant Group will have a dividend payout ratio of 38.10% next year. This indicates that Carrols Restaurant Group will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Carrols Restaurant Group has received a -7.84% net impact score from Upright. The largest negative impact of Carrols Restaurant in category "Physical diseases" seems to be driven mostly by its "Sugar-sweetened soft drinks in recycled cans", "Milkshakes", "Non-dairy sweet baked goods", "Chicken nuggets", "Fried chicken", and "Fast food hamburgers with chicken" products. See details.
Environmental Sustainability
The Environmental Impact score for Carrols Restaurant Group is -2.49.

3.3

News and Social Media Coverage

News Sentiment
Carrols Restaurant Group has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Carrols Restaurant Group this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for TAST on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Carrols Restaurant Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Carrols Restaurant Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
33.10% of the stock of Carrols Restaurant Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.80% of the stock of Carrols Restaurant Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Carrols Restaurant Group are expected to decrease by -67.19% in the coming year, from $0.64 to $0.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Carrols Restaurant Group is 18.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Carrols Restaurant Group is 18.29, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.41.
Price to Book Value per Share Ratio
Carrols Restaurant Group has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Carrols Restaurant Group Stock (NASDAQ:TAST)

Carrols Restaurant Group, Inc., through its subsidiaries, operates restaurants in the United States. It operates quick service restaurants as a franchisee under the Burger King and Popeyes brands in 23 Northeastern, Midwestern, Southcentral, and Southeastern states. The company was founded in 1960 and is headquartered in Syracuse, New York.

TAST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TAST Stock News Headlines

April 15, 2024 | americanbankingnews.com

StockNews.com Begins Coverage on Carrols Restaurant Group (NASDAQ:TAST)

April 12, 2024 | finance.yahoo.com

Yum China (NYSE:YUMC): Strongest Q4 Results from the Traditional Fast Food Group

April 16, 2024 | StockEarnings (Ad)

Your eBook: Mastering Earnings Announcements Trading

April 10, 2024 | finance.yahoo.com

Traditional Fast Food Stocks Q3 Recap: Benchmarking Carrols (NASDAQ:TAST)

March 27, 2024 | seekingalpha.com

Carrols: No Meat Left On This Bone, Sell

March 19, 2024 | businesswire.com

CARROLS RESTAURANT GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Carrols Restaurant Group, Inc. - TAST

March 16, 2024 | businesswire.com

Kaskela Law LLC MERGER INVESTIGATION: Does $9.55 Per Share Represent Sufficient Cash Out Value for Carrols Restaurant Group, Inc. (NASDAQ: TAST) Shares for Investors?

March 15, 2024 | investorplace.com

TAST Stock Earnings: Carrols Restaurant Group Beats EPS, Misses Revenue for Q4 2023

April 16, 2024 | StockEarnings (Ad)

Your eBook: Mastering Earnings Announcements Trading

March 12, 2024 | stockhouse.com

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates ETRN, SCX, TAST, HES

March 11, 2024 | stockhouse.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Carrols Restaurant Group, Inc. (TAST) and Encourages Investors to Contact the Firm

February 23, 2024 | sg.finance.yahoo.com

SHAK Feb 2024 98.000 put

February 23, 2024 | benzinga.com

Carrols Restaurant Group Stock (NASDAQ:TAST), Short Interest Report

February 22, 2024 | money.usnews.com

Carrols Restaurant Group Inc.

February 9, 2024 | finance.yahoo.com

Carrols Restaurant Group (TAST) Is Up 0.43% in One Week: What You Should Know

February 6, 2024 | benzinga.com

Carrols Restaurant Group Stock (NASDAQ:TAST) Dividends: History, Yield and Dates

February 5, 2024 | finance.yahoo.com

Carrols Restaurant Group (TAST) Stock Moves -0.21%: What You Should Know

February 1, 2024 | finance.yahoo.com

Should Value Investors Buy Dave & Buster's Entertainment (PLAY) Stock?

January 31, 2024 | msn.com

Whatever happened to Carrols? It's about to get gobbled up by Burger King

January 25, 2024 | finance.yahoo.com

Q3 Earnings Highlights: Carrols (NASDAQ:TAST) Vs The Rest Of The Traditional Fast Food Stocks

January 23, 2024 | finance.yahoo.com

Carrols Restaurant Group (TAST) Flat As Market Gains: What You Should Know

January 18, 2024 | finance.yahoo.com

Carrols Restaurant Group Inc VP, CFO, and Treasurer Anthony Hull Sells 25,000 Shares

January 17, 2024 | realmoney.thestreet.com

Carrols Restaurant just downgraded at Craig-Hallum, here's why

January 17, 2024 | finance.yahoo.com

Here's What Could Help Carrols Restaurant (TAST) Maintain Its Recent Price Strength

January 17, 2024 | finance.yahoo.com

Carrols Restaurant Group, Inc. (TAST) Hits Fresh High: Is There Still Room to Run?

January 17, 2024 | finance.yahoo.com

McDonald’s and Its Rivals Have Big Plans. Inflation Is Bringing Growth.

January 16, 2024 | finance.yahoo.com

Why Are Carrols (TAST) Shares Soaring Today

See More Headlines

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Company Calendar

Last Earnings: 3/08/2024
Ex-Dividend for 4/5 Dividend: 3/08/2024
Dividend Payable: 4/05/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Eating places
Sub-Industry: Restaurants
Current Symbol: NASDAQ:TAST
CUSIP: 14574X10
CIK: 809248
Web: www.carrols.com
Phone: (315) 424-0513
Fax: N/A
Employees: 25,000
Year Founded: 1960

Price Target and Rating

Average Stock Price Target: $8.87
High Stock Price Target: $9.55
Low Stock Price Target: $7.50
Potential Upside/Downside: -6.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.52
Trailing P/E Ratio: 18.29
Forward P/E Ratio: 14.86
P/E Growth: N/A
Net Income: $33.80 million
Net Margins: 1.80%
Pretax Margin: 2.04%
Return on Equity: 19.41%
Return on Assets: 2.08%

Debt

Debt-to-Equity Ratio: 2.28
Current Ratio: 0.49
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: $1.88 billion
Price / Sales: 0.29
Cash Flow: $2.02 per share
Price / Cash Flow: 4.71
Book Value: $3.40 per share
Price / Book: 2.80

Miscellaneous

Outstanding Shares: 57,380,000
Free Float: 38,391,000
Market Cap: $545.68 million
Optionable: Optionable
Beta: 2.50

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Key Executives

Ms. Deborah M. Derby (Age 60)
CEO, President & Director
Comp: $1.49M
Mr. Anthony E. Hull (Age 65)
EVP, CFO & Treasurer
Comp: $2.07M
Mr. Joseph W. Hoffman (Age 60)
EVP, Senior Vice President of Operations & Chief Restaurant Officer
Comp: $812.32k
Mr. Jared Lawrence Landaw (Age 59)
SVP, General Counsel & Corporate Secretary
Comp: $849.26k
Mr. Richard G. Cross (Age 61)
Senior VP & Chief Development Officer
Comp: $799.07k
Mr. Nathan B. Mucher (Age 51)
Senior VP & Chief Information Officer
Comp: $294.04k
Mr. Daniel T. Accordino (Age 73)
Advisor
Comp: $1.44M
Mr. Ahmad Filsoof (Age 46)
Senior Vice President of Strategy & Business Transformation
Ms. Gretta Beth Miles (Age 42)
VP, Controller & Assistant Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TAST Stock Analysis - Frequently Asked Questions

Should I buy or sell Carrols Restaurant Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TAST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAST, but not buy additional shares or sell existing shares.
View TAST analyst ratings or view top-rated stocks.
What is Carrols Restaurant Group's stock price target for 2024?: 3 brokerages have issued 12-month price objectives for Carrols Restaurant Group's shares. Their TAST share price targets range from $7.50 to $9.55. On average, they predict the company's share price to reach $8.87 in the next twelve months. This suggests that the stock has a possible downside of 6.8%.
View analysts price targets for TAST or view top-rated stocks among Wall Street analysts.
How have TAST shares performed in 2024?: Carrols Restaurant Group's stock was trading at $7.88 at the beginning of 2024. Since then, TAST stock has increased by 20.7% and is now trading at $9.51.
View the best growth stocks for 2024 here.
When is Carrols Restaurant Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TAST earnings forecast.
How were Carrols Restaurant Group's earnings last quarter?: Carrols Restaurant Group, Inc. (NASDAQ:TAST) posted its quarterly earnings data on Friday, March, 8th. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.05. The restaurant operator earned $470.36 million during the quarter, compared to analysts' expectations of $470.41 million. Carrols Restaurant Group had a net margin of 1.80% and a trailing twelve-month return on equity of 19.41%.
How often does Carrols Restaurant Group pay dividends? What is the dividend yield for Carrols Restaurant Group?: Carrols Restaurant Group declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 11th will be given a dividend of $0.02 per share on Friday, April 5th. This represents a $0.08 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Friday, March 8th.
Read our dividend analysis for TAST.

Is Carrols Restaurant Group a good dividend stock?: Carrols Restaurant Group (NASDAQ:TAST) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 15.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TAST will have a dividend payout ratio of 38.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TAST.
What ETF holds Carrols Restaurant Group's stock?: AdvisorShares Restaurant ETF holds 19,200 shares of TAST stock, representing 4.05% of its portfolio.
What is Dan Accordino's approval rating as Carrols Restaurant Group's CEO?: 56 employees have rated Carrols Restaurant Group Chief Executive Officer Dan Accordino on Glassdoor.com. Dan Accordino has an approval rating of 78% among the company's employees.
What other stocks do shareholders of Carrols Restaurant Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), DHT (DHT), Hallador Energy (HNRG), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Novan (NOVN), Washington Prime Group (WPG) and Zosano Pharma (ZSAN).
How do I buy shares of Carrols Restaurant Group?: Shares of TAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Carrols Restaurant Group have any subsidiaries?: The following companies are subsidiares of Carrols Restaurant Group: Carrols Corporation, Carrols LLC, and Republic Foods Inc..
Read More

This page (NASDAQ:TAST) was last updated on 4/16/2024 by MarketBeat.com Staff

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Carrols Restaurant Group (TAST) Stock Price, News & Analysis

Carrols Restaurant Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Carrols Restaurant Group Stock (NASDAQ:TAST)

TAST Stock Price History

TAST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TAST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™