Ark Restaurants (ARKR) Stock Forecast, Price & News

Ark Restaurants' stock was trading at $16.56 at the beginning of 2023. Since then, ARKR shares have increased by 12.9% and is now trading at $18.70.
View the best growth stocks for 2023 here.

Ark Restaurants saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 13,400 shares, a decline of 11.3% from the April 15th total of 15,100 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the shares of the stock are short sold.
View Ark Restaurants' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our ARKR earnings forecast.

Ark Restaurants Corp. (NASDAQ:ARKR) posted its quarterly earnings results on Monday, February, 10th. The restaurant operator reported $0.43 earnings per share (EPS) for the quarter. The restaurant operator had revenue of $43.51 million for the quarter. Ark Restaurants had a net margin of 3.83% and a trailing twelve-month return on equity of 12.01%.
Read the conference call transcript.

Ark Restaurants declared a quarterly dividend on Tuesday, May 9th. Investors of record on Wednesday, May 31st will be given a dividend of $0.188 per share on Tuesday, June 13th. This represents a $0.75 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend is Tuesday, May 30th. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for ARKR.

Ark Restaurants (NASDAQ:ARKR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.88%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARKR.

9 employees have rated Ark Restaurants Chief Executive Officer Michael Weinstein on Glassdoor.com. Michael Weinstein has an approval rating of 84% among the company's employees. 62.0% of employees surveyed would recommend working at Ark Restaurants to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ark Restaurants investors own include Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA), Carnival Co. & (CCL), CVS Health (CVS), GSK (GSK), JPMorgan Chase & Co. (JPM) and L Brands (LB).

Ark Restaurants trades on the NASDAQ under the ticker symbol "ARKR."

Ark Restaurants' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.94%), First Manhattan CO. LLC. (1.06%), Renaissance Technologies LLC (1.02%), Verdad Advisers LP (0.28%), BlackRock Inc. (0.24%) and Avalon Trust Co (0.22%).
View institutional ownership trends.

Shares of ARKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARKR stock can currently be purchased for approximately $18.70.

Ark Restaurants (NASDAQ:ARKR) has a market capitalization of $67.32 million and generates $183.67 million in revenue each year. The restaurant operator earns $9.28 million in net income (profit) each year or $2.01 on an earnings per share basis.

The company employs 1,901 workers across the globe.

Ark Restaurants' mailing address is 85 FIFTH AVENUE, NEW YORK NY, 10003. The official website for the company is www.arkrestaurants.com. The restaurant operator can be reached via phone at (212) 206-8800 or via fax at 212-206-8814.