Will Chipotle Mexican Grill Ever Split Its Stock?

In the long run, what matters most for investors is whether a stock they own rises in value. Stock splits don't contribute to fundamental growth for a company, but many investors see splits as a sign of past success and future confidence in the business prospects for a given stock. Chipotle Mexican Grill (NYSE: CMG) was a high-flying stock throughout its early high-growth years, and even though the burrito giant has fallen on tougher times lately, its share price still ranks among the most expensive stocks in the market.

Let's look more closely at Chipotle's history to see whether it's likely that the Mexican food restaurant chain is likely ever to split its stock in the future.

With most companies, a look at previous decisions to split their shares can be helpful in figuring out what will motivate a future move. Because Chipotle has never done a stock split, that method of evaluating the likelihood of future splits isn't available. What we can do, though, is look at when the issue has come up and why Chipotle has chosen not to move forward with splitting its stock.

Source: Fool.com