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Also trades as: BH-A (NYSE) · $vol 51M

BH NYSE

Biglari Holdings Inc.
1W: -12.9% 1M: +12.6% 3M: +0.7% YTD: +12.1% 1Y: +2.8% 3Y: +160.0% 5Y: +129.9%
$386.06
-3.05 (-0.78%)
 
Weekly Expected Move ±6.9%
$342 $369 $396 $424 $451
NYSE · Consumer Cyclical · Restaurants · Tech Score Neutral · Power 57 · $1.2B mcap · 3M float · 4.15% daily turnover · Short 61% of daily vol
Credit Risk of going bust: higher than 56% of companies Debt: 19.1% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $8.80 (down 98%), Biglari Holdings Inc. would be worth roughly what it owes.
Total debt $289.3M against a stock market value of $1.23B.
Distance to default 4.60 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $133.4M (short-term plus half of long-term), stock volatility 53.9%; Altman Z'' 4.29. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Smart Money Score
Moderate 50
Insider+$14.1M
Congress—
ETF Holdings—
Key Statistics
Market Cap$1.2B
52W Range234.92-483.6
Volume101,883
Avg Volume131,588
Beta0.53
Dividend—
Analyst Ratings
1 Buy 1 Hold 0 Sell
Consensus Buy
Company Info
CEOSardar Biglari
Employees2,359
SectorConsumer Cyclical
IndustryRestaurants
IPO Date1980-03-17
19100 Ridgewood Parkway
San Antonio, TX 78259
US
210 344 3400
About Biglari Holdings Inc.

Biglari Holdings Inc., an enterprise established in 1934 and based in San Antonio, Texas, is a multifaceted company with its primary operations centered on managing and franchising restaurants throughout the United States. Its well-known dining brands include Steak n Shake and Western Sizzlin. By December 31, 2021, the company's restaurant network comprised 199 company-operated Steak n Shake locations, complemented by 159 franchise partner units and 178 conventional franchise outlets. Its Western Sizzlin brand encompassed 3 company-owned restaurants and 38 franchised establishments. Beyond its restaurant segment, Biglari Holdings engages in several other industries. It underwrites commercial trucking insurance, providing coverage for physical damage and non-trucking liability to truckers, and also offers general property and casualty insurance. The company is involved in the energy sector, operating oil and natural gas properties located in the Gulf of Mexico. Furthermore, it maintains a media presence through the MAXIM brand, publishing magazines and related content, alongside licensing various media products and services. Investment activities also form a part of its corporate portfolio. Originally named The Steak n Shake Company, the organization rebranded itself as Biglari Holdings Inc. in April 2010.

Recent Insider Trades

NameTypeSharesPriceDate
BIGLARI, SARDAR P-Purchase 535 $297.14 2026-06-05
BIGLARI, SARDAR P-Purchase 1,743 $286.76 2026-06-04
BIGLARI, SARDAR P-Purchase 14,351 $258.06 2026-05-14
BIGLARI, SARDAR P-Purchase 15,358 $260.36 2026-05-13
BIGLARI, SARDAR P-Purchase 22,965 $249.84 2026-05-12

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms