Skip to content

How to Buy Chipotle Stock [2024] | Invest in CMG

how to buy chipotle stock
Marko Marjanovic

Summary: Chipotle is a publicly traded Mexican food chain listed on the New York Stock Exchange. In this guide, you will learn how to buy Chipotle stock using an online investment platform such as eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

About Chipotle

Chipotle homepage. Source: Chipotle.com

Chipotle Mexican Grill, Inc. (NYSE: CMG) is a leading fast-casual restaurant chain known for its burritos, tacos, bowls, and other dishes inspired by Mexican cuisine. Established in 1993 by Steve Ells, the chain has grown to operate over 3,400 restaurants, primarily in the United States, serving millions of customers each day.

How to buy Chipotle stock: Step-by-step

Chipotle went public in 2006, trading on the New York Stock Exchange (NYSE) under the ticker CMG. 

Investing in Chipotle can be a great way to diversify your portfolio and benefit from the company’s strong brand and growth potential.

To buy Chipotle stock, follow these steps:

  1. Find a broker: Choose a brokerage platform that lists CMG stock;
  2. Research the company;
  3. Register and fund your account;
  4. Place a trade: Find CMG stock on the broker’s platform and place a trade;
  5. Monitor your investment.

For similar investments, check out our guides on:


Step 1: Find a broker

To start investing, you’ll need to find a reputable broker that lists Chipotle stock. It’s crucial to compare various online brokers to find one that meets your needs and strategies. Consider the following factors:

  • Fees: Choose a platform with commission-free trading to enhance your returns:
  • Account Minimums: Be aware that some brokers require a minimum deposit;
  • Account Options: Cash accounts allow you to invest only the funds you have, whereas margin accounts let you borrow money for investing;
  • Customer Support: Access to educational resources, market news, and responsive customer support can aid in making informed investment decisions.

Our recommended broker for investing in Chipotle is eToro, a platform with millions of active users that offers:

  • Commission-free stock and ETF trading;
  • Over 2,000 stocks from 17 different exchanges;
  • Fractional shares;
  • Charting tools;
  • User-friendly platform.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Step 2: Research the company

Before purchasing Chipotle stock, it’s important to research the company and its stock performance, both current and historical. This involves conducting both fundamental and technical analyses:

  • Fundamental Analysis: Evaluate the intrinsic value of the company by examining its financial health, revenue, profit margins, and growth potential;
  • Technical analysis: Analyze the stock’s history and use chart patterns to predict future movements.

Additionally, consider other key factors such as Chipotle’s market position, the quality of its management team, its debt levels, and trends in the fast-casual dining industry.

Step 3: Fund your account

After selecting a brokerage, the next step is to open an account. That usually involves providing personal information and verifying your identity with a valid ID document.

Once your account is established, you can deposit funds using various methods, such as:

  • Bank transfers;
  • Credit/debit cards;
  • E-wallets;
  • Third-party payment systems like PayPal.

Step 4: Place a trade

With your account funded, you can buy Chipotle stock by following these steps:

  1. Log in to your broker’s trading platform;
  2. Search for Chipotle stock;
  3. Enter the number of shares you want to purchase or the dollar amount you wish to invest;
  4. Choose the type of order you want to place (i.e., market, limit, stop-loss, etc.).
  5. Review the details of your order.
  6. Execute the trade.

Step 5: Monitor your investment

Regularly monitoring your investment’s performance is crucial. This involves reviewing Chipotle’s financial statements, quarterly earnings reports, and press releases. Additionally, keep an eye on:

  • Key performance indicators such as revenue, net income, and same-store sales;
  • Industry trends and competitors;
  • Broader economic conditions that could affect the fast-casual dining industry.

Staying informed allows you to make educated decisions about whether to hold, buy more, or sell your shares.

Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.


Chipotle stock price today

Pros and cons of investing in Chipotle

Pros

Pros

  • Brand recognition: Chipotle is a well-known company;
  • Growth potential: The company has been expanding;
  • Strong financials: Chipotle has shown consistent revenue growth and profitability.
Cons

Cons

  • Competition: The fast food market is highly competitive;
  • Operational risks: Food safety concerns can impact brand reputation and sales;
  • Ethical concerns: Some investors avoid fast food stocks due to health and environmentalism concerns;
  • No dividends: Chipotle does not pay dividends.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy Chipotle stock

Does Chipotle have a stock?

Yes, Chipotle is publicly traded on the NYSE under the ticker symbol CMG.

What is the Chipotle stock symbol?

The Chipotle stock symbol is CMG.

When is Chipotle stock split?

Chipotle stock split 50-for-1 on June 26, 2024.

Is Chipotle private or public?

Chipotle is a public company.

How can I buy Chipotle stock?

You can buy Chipotle stock through an online brokerage platform like eToro.

Who owns most Chipotle shares?

Around 89% of Chipotle shares are owned by companies and individual holders. Around 10% is in the hands of institutional investors. The rest is owned by insiders.

Is it a good time to buy Chipotle stock?

Determining if it’s a good time to buy Chipotle stock depends on several factors, including your investment goals, risk tolerance, and overall market conditions. Recently, Chipotle had a 50-for-1 stock split, which typically increases trading activity and can lead to a rise in share price. Historical data shows stocks that split often gain more significantly over the following year compared to the broader index.

Is Chipotle overvalued?

According to Wall Street analysts, Chipotle’s price is currently undervalued.

Does Chipotle pay dividends?

Chipotle does not currently pay dividends.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related guides

Contents

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.