Biglari Holdings Price Target | Analysis, Price & Growth Outlook

Biglari Holdings

NYSE:BH.A

$ 1.610,02

$-70,80 (-4,21%)

1.610,02 $

$-70,80 (-4,21%)

End-of-day quote: 03/27/2026

Biglari Holdings Stock Value

Analysts currently rate NYSE:BH.A as sf_Data Unavailable.

Biglari Holdings Company Info

EPS Growth 5Y

0,00%

Market Cap

$0,98 B

Long-Term Debt

$0,21 B

Short Interest

0,48%

Quarterly earnings

05/04/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

1934

Industry

Consumer Discretionary

Country

United States

ISIN Number

US08986R4083

Website

http://www.biglariholdings.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

There are currently no price targets available for this stock.

In the last five quarters, Biglari Holdings’s Price Target has risen from $0,00 to $1.610,02 - a 100,00% increase.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Biglari Holdings do?

Biglari Holdings Inc., through its subsidiaries, engages in a number of diverse business activities, including property and casualty insurance and reinsurance, licensing and media, restaurants, and oil and gas. The company's operating subsidiaries are involved in the franchising and operating of restaurants. Restaurant Operations The company’s restaurant operations are conducted through two subsidiaries: Steak n Shake Inc. (‘Steak n Shake’) and Western Sizzlin Corporation (‘Western Sizzlin’) f...

Restaurant Operations

The company’s restaurant operations are conducted through two subsidiaries: Steak n Shake Inc. (‘Steak n Shake’) and Western Sizzlin Corporation (‘Western Sizzlin’) for a combined 458 units. As of December 31, 2024, Steak n Shake had company-operated restaurants, franchise partner units, and traditional franchise units. Western Sizzlin had company-operated restaurants and franchise units.

Steak n Shake is a classic American brand serving premium burgers and milkshakes. Western Sizzlin also operates two other concepts: Great American Steak & Buffet, and Wood Grill Buffet.

Company-Operated Restaurants

A typical company-operated restaurant management team consists of a general manager, a restaurant manager, and other managers, depending on the sales volume of the restaurant. Each restaurant’s general manager has primary responsibility for the day-to-day operations of his or her unit. Restaurant operations obtain food products and supplies from independent national distributors. Purchases are centrally negotiated to ensure uniformity in product quality.

Franchise Partner Restaurants

Steak n Shake offers a franchise partner program to transition company-operated restaurants to franchise partnerships. The franchise agreement stipulates that the franchisee make an upfront investment totaling ten thousand dollars. Steak n Shake, as the franchisor, assesses a fee of up to 15% of sales, as well as 50% of profits. Potential franchise partners are screened based on entrepreneurial attitude and ability, but they become franchise partners based on achievement. Each must meet the gold standard in service. Franchise partners are single-unit owner-operators.

Traditional Franchise Restaurants

Restaurant operations’ traditional franchising program extends the brands to areas in which there are no current development plans for company stores. The expansion plans include seeking qualified new franchisees and expanding relationships with franchisees. Restaurant operations typically seek franchisees with both the financial resources necessary to fund successful development and significant experience in the restaurant/retail business. Both restaurant chains assist franchisees with the development and ongoing operation of their restaurants. In addition, personnel assist franchisees with site selection, approve restaurant sites, and provide prototype plans, construction support, and specifications. Restaurant operations staff provides both on-site and off-site instruction to franchise restaurant management and associates.

International

The company has a corporate office in Monaco and an international organization with personnel in various functions to support its international business. The company’s traditional domestic franchise agreements, a typical international franchise development agreement includes development and franchise fees in addition to subsequent royalty fees based on the gross sales of each restaurant.

Property and Casualty Insurance

Biglari Holdings’ insurance and reinsurance business activities are conducted through domestic and foreign-based insurance subsidiaries. Included in this group of subsidiaries is First Guard Insurance Company and its affiliated agency, 1st Guard Corporation (collectively ‘First Guard’); Southern Pioneer Property & Casualty Insurance Company and its affiliated agency, Southern Pioneer Insurance Agency, Inc. (collectively ‘Southern Pioneer’); and Biglari Reinsurance Ltd.

First Guard and Southern Pioneer operate under licenses issued by various state insurance authorities. The primary focus of regulation is to ensure that insurers are financially solvent and that policyholder interests are otherwise protected. States establish minimum capital levels for insurance companies and establish guidelines for permissible business and investment activities.

First Guard is a direct underwriter of commercial truck insurance, primarily selling physical damage and nontrucking liability insurance to truckers. First Guard’s insurance products are marketed primarily through direct response methods via the Internet or by telephone.

Southern Pioneer underwrites garage liability and commercial property, as well as homeowners and dwelling fire insurance on an admitted basis.

Oil and Gas Business

The company’s oil and gas operations are conducted through two entities, Southern Oil Company (‘Southern Oil’) and Abraxas Petroleum Corporation (‘Abraxas Petroleum’). Southern Oil primarily operates oil and natural gas properties offshore in Louisiana state waters. Abraxas Petroleum operates oil and natural gas wells in the Permian Basin. In 2022, the company purchased 90% of Abraxas Petroleum. In 2023, the company acquired the remaining 10% of Abraxas Petroleum.

Brand Licensing Business

Maxim’s business lies principally in brand licensing. Maxim products are marketed under various registered brand names, including but not limited to, ‘MAXIM’ and ‘Maxim’.

History

The company was founded in 1934. It was incorporated in 1976. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in 2010.

Biglari Holdings Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Restaurants: 50% - Insurance: 30% - Media and Publishing: 20% **TOP 3 markets and their percentage shares:** - USA: 70% - Canada: 15% - Europe: 10% Biglari Holdings Inc. generates the majority of its revenue from the restaurant industry, particularly through...

At which locations are the company’s products manufactured?

**Production Sites:** No specific production sites, as Biglari Holdings Inc. primarily operates as a holding company. Biglari Holdings Inc. is primarily engaged as a holding company and owns a variety of subsidiaries in different industries, including restaurants, insurance, and media. The most wel...

What strategy does Biglari Holdings pursue for future growth?

**Current Strategy:** Diversification and Acquisitions Biglari Holdings Inc. pursues a strategy that is strongly focused on diversification and strategic acquisitions. The company invests in various industries to reduce dependence on individual business segments and spread risk. A key component of...

Which raw materials are imported and from which countries?

**Main raw materials:** Meat, potatoes, plant oils (as of 2023) **Countries of origin:** USA, Canada, Mexico Biglari Holdings Inc., known for its investments in the restaurant industry, especially through Steak 'n Shake and Western Sizzlin, mainly imports raw materials needed for food product...

How strong is the company’s competitive advantage?

**Competitive Advantage:** Difficult to quantify, but moderate to strong due to diversified business segments (estimated 2026). Biglari Holdings Inc. is a diversified holding company operating in various industries including restaurants, insurance, and media. The company's competitive advantag...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 65% (estimated, 2026) **Insider Purchases:** No significant purchases reported (2026) **Insider Sales:** Moderate sales in the first quarter of 2026 The institutional investor share in Biglari Holdings Inc. is estimated to be around 65%. This suggests that a...

What percentage market share does Biglari Holdings have?

**Market share of Biglari Holdings Inc.:** Estimate <1% (2026) **Major competitors and their market shares:** 1. **Berkshire Hathaway Inc.:** ~15% (2026) 2. **Markel Corporation:** ~5% (2026) 3. **Fairfax Financial Holdings Limited:** ~4% (2026) 4. **Loews Corporation:** ~3% (2026) 5. **Alleghan...

Is Biglari Holdings stock currently a good investment?

**Revenue Growth:** 3.5% (2025) **Profit Growth:** 2.1% (2025) **Return on Equity:** 6.8% (2025) Biglari Holdings Inc. recorded a moderate revenue growth of 3.5% in 2025. This indicates that the company operates in a stable but not rapidly growing market. The profit growth of 2.1% shows that profit...

Does Biglari Holdings pay a dividend – and how reliable is the payout?

**Dividend:** No payout (as of 2023) Biglari Holdings Inc. traditionally does not pay a dividend to its shareholders. The company pursues a strategy where profits are reinvested to promote the growth and expansion of its business interests. This strategy can be attractive to investors who focus on...

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Biglari Holdings Stock Value

Biglari Holdings Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Biglari Holdings do?

Biglari Holdings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Biglari Holdings Stock Value

Biglari Holdings Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Biglari Holdings do?

Biglari Holdings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.