Cracker Barrel Old Country Store Stock Price, News & Analysis (NASDAQ:CBRL)

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cracker Barrel Old Country Store in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CBRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBRL, but not buy additional shares or sell existing shares.
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8 brokers have issued twelve-month price objectives for Cracker Barrel Old Country Store's stock. Their CBRL share price targets range from $66.00 to $126.00. On average, they predict the company's stock price to reach $87.56 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for CBRL or view top-rated stocks among Wall Street analysts.

Cracker Barrel Old Country Store's stock was trading at $94.74 at the beginning of 2023. Since then, CBRL stock has decreased by 22.3% and is now trading at $73.62.
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Cracker Barrel Old Country Store saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,580,000 shares, an increase of 5.3% from the October 31st total of 2,450,000 shares. Based on an average trading volume of 561,800 shares, the days-to-cover ratio is presently 4.6 days. Currently, 11.9% of the company's stock are short sold.
View Cracker Barrel Old Country Store's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our CBRL earnings forecast.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) released its quarterly earnings results on Thursday, November, 30th. The restaurant operator reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.74 by $0.23. The restaurant operator earned $823.80 million during the quarter, compared to analyst estimates of $823.18 million. Cracker Barrel Old Country Store had a net margin of 2.55% and a trailing twelve-month return on equity of 23.34%. The business's quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 earnings per share.

Cracker Barrel Old Country Store declared a quarterly dividend on Thursday, November 30th. Stockholders of record on Friday, January 19th will be given a dividend of $1.30 per share on Tuesday, February 13th. This represents a $5.20 annualized dividend and a yield of 7.06%. The ex-dividend date of this dividend is Thursday, January 18th.
Read our dividend analysis for CBRL.

Cracker Barrel Old Country Store (NASDAQ:CBRL) pays an annual dividend of $5.20 per share and currently has a dividend yield of 7.19%. CBRL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 132.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CBRL will have a dividend payout ratio of 84.83% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CBRL.

ETFs with the largest weight of Cracker Barrel Old Country Store (NASDAQ:CBRL) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), WisdomTree U.S. SmallCap Dividend Fund (DES) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY).

Cracker Barrel Old Country Store declared that its board has authorized a share repurchase program on Tuesday, June 7th 2022, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

Cracker Barrel Old Country Store updated its first quarter 2024 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $800.00 million-$850.00 million, compared to the consensus revenue estimate of $848.54 million.

1,243 employees have rated Cracker Barrel Old Country Store Chief Executive Officer Sandra B. Cochran on Glassdoor.com. Sandra B. Cochran has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cracker Barrel Old Country Store investors own include CA (CA), BlackRock (BLK), AT&T (T), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Johnson & Johnson (JNJ), Endologix (ELGX), Micron Technology (MU), Brinker International (EAT) and QUALCOMM (QCOM).

Cracker Barrel Old Country Store's stock is owned by a variety of institutional and retail investors. Top institutional investors include Earnest Partners LLC (8.67%), Charles Schwab Investment Management Inc. (3.13%), Morgan Stanley (1.83%), Bank of New York Mellon Corp (1.64%), William Blair Investment Management LLC (1.43%) and Northern Trust Corp (1.08%). Insiders that own company stock include Laura A Daily and Sandra B Cochran.
View institutional ownership trends.

Shares of CBRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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