Biglari Holdings Inc.

Biglari Holdings Inc.

BHยทNYSE

$292.51

-1.2%
Consumer CyclicalRestaurants

Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2021, it operated 199 Steak n Shake company-operated restaurants, 159 franchise partner units, and 178 traditional franchise units, as well as 3 Western Sizzlin company-operated restaurants and 38 franchised units. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance. In addition, it operates oil and natural gas properties in the Gulf of Mexico; and publishes and sells magazines and related publishing products under the MAXIM brand name. Further, it licenses media products and services; and engages in the investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.

At a Glance

Live Snapshot
Market Cap$918.19M
EPS-12.0800
P/E Ratio-24.21
Earnings Date08/07/2026
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Biglari Holdings Inc. Street Expectations Map

BH ยท NYSE

No Target Data

No analyst price targets available for bh.

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Biglari Holdings Inc. Forward Estimates of Revenue

BH ยท NYSE
Latest Revenue
395.26M
FY 2025
Avg Estimate
839.08M
FY 2026
Estimate Range
839.08M - 839.08M
Analyst Spread

Forward Growth Analysis

Projected Growth+112.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Biglari Holdings Inc. Forward Estimates of Net Income

BH ยท NYSE
Latest Net Income
-37.49M
FY 2025
Avg Estimate
-16.46M
FY 2026
Estimate Range
-16.46M - -16.46M
Analyst Spread

Forward Growth Analysis

Projected Growth+56.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Biglari Holdings Inc. Forward Estimates of EPS

BH ยท NYSE
Latest EPS
-12.08
FY 2025
Avg Estimate
$-11.76
FY 2026
Estimate Range
$-11.76 - $-11.76
Analyst Spread

Forward Growth Analysis

Projected Growth+2.6%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Biglari Holdings Inc. Forward Estimates of EBIT

BH ยท NYSE
Latest EBIT
18.11M
FY 2025
Avg Estimate
80.16M
FY 2026
Estimate Range
80.16M - 80.16M
Analyst Spread

Forward Growth Analysis

Projected Growth+342.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Biglari Holdings Inc. Forward Estimates of EBITDA

BH ยท NYSE
Latest EBITDA
58.89M
FY 2025
Avg Estimate
159.38M
FY 2026
Estimate Range
159.38M - 159.38M
Analyst Spread

Forward Growth Analysis

Projected Growth+170.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Biglari Holdings Inc. Forward Estimates of SG&A Expense

BH ยท NYSE
Latest SG&A Expense
90.52M
FY 2025
Avg Estimate
137.47M
FY 2026
Estimate Range
137.47M - 137.47M
Analyst Spread

Forward Growth Analysis

Projected Growth+51.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Biglari Holdings Inc. Insider Positioning

BH ยท NYSE

During the last 12 months, insiders have purchased $20.72M worth of BH shares, with no selling activity reported.

3 Months

Bought

61.2K

16.04M

Sold

0

0.00

Net Activity

+16.0M

+$16.04M

3-6 Months

Bought

7.2K

2.53M

Sold

0

0.00

Net Activity

+2.5M

+$2.53M

6-9 Months

Bought

7.2K

2.15M

Sold

0

0.00

Net Activity

+2.1M

+$2.15M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
BS

Biglari, Sardar

Director, 10 Percent Owner, Officer: Chairman And Ceo

75.7K sharesโ€ข18 transactions

$20.72M

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $20.72M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Recent Trend (3 Months)

$16.04M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.