About Cracker Barrel Old Country Store (NASDAQ:CBRL)
Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company's segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods. Its restaurants offer home-style country cooking featuring of its own recipes. Its restaurants serve breakfast, lunch and dinner. Its breakfast items include juices, eggs, pancakes, grits, and a range of biscuit specialties. Its lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, fresh side items and specialty items, such as pinto beans and turnip greens.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Restaurants & Bars
- Sub-Industry: Restaurants
- Symbol: NASDAQ:CBRL
- CUSIP: 22410J10
- Web: www.crackerbarrel.com
- Market Cap: $3.79678 billion
- Outstanding Shares: 24,055,000
- 50 Day Moving Avg: $150.12
- 200 Day Moving Avg: $157.29
- 52 Week Range: $131.50 - $175.04
Sales & Book Value:
- Trailing P/E Ratio: 18.29
- Foreward P/E Ratio: 17.39
- P/E Growth: 2.61
- Annual Revenue: $2.93 billion
- Price / Sales: 1.26
- Book Value: $22.64 per share
- Price / Book: 6.76
- Annual Dividend: $4.80
- Dividend Yield: 3.1%
- EBITDA: $399.48 million
- Net Margins: 6.90%
- Return on Equity: 35.49%
- Return on Assets: 13.26%
- Debt-to-Equity Ratio: 0.73%
- Current Ratio: 0.95%
- Quick Ratio: 0.54%
- Average Volume: 313,014 shs.
- Beta: 0.51
- Short Ratio: 16.65
Frequently Asked Questions for Cracker Barrel Old Country Store (NASDAQ:CBRL)
What is Cracker Barrel Old Country Store's stock symbol?
Cracker Barrel Old Country Store trades on the NASDAQ under the ticker symbol "CBRL."
How often does Cracker Barrel Old Country Store pay dividends? What is the dividend yield for Cracker Barrel Old Country Store?
Cracker Barrel Old Country Store announced a quarterly dividend on Friday, September 29th. Investors of record on Friday, October 13th will be given a dividend of $1.20 per share on Monday, November 6th. This represents a $4.80 annualized dividend and a yield of 3.14%. The ex-dividend date is Thursday, October 12th. View Cracker Barrel Old Country Store's Dividend History.
How will Cracker Barrel Old Country Store's stock buyback program work?
Cracker Barrel Old Country Store declared that its board has approved a stock repurchase program on Saturday, September 30th 2017, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 0.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.
How were Cracker Barrel Old Country Store's earnings last quarter?
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) posted its earnings results on Wednesday, September, 13th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.05. The company had revenue of $743.20 million for the quarter, compared to analyst estimates of $746.72 million. Cracker Barrel Old Country Store had a return on equity of 35.49% and a net margin of 6.90%. The firm's revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.12 earnings per share. View Cracker Barrel Old Country Store's Earnings History.
When will Cracker Barrel Old Country Store make its next earnings announcement?
What guidance has Cracker Barrel Old Country Store issued on next quarter's earnings?
Cracker Barrel Old Country Store issued an update on its FY18 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of $8.85-9.00 for the period, compared to the Thomson Reuters consensus estimate of $8.89. The company issued revenue guidance of $3.1 billion, compared to the consensus revenue estimate of $3.04 billion.Cracker Barrel Old Country Store also updated its Q1 guidance to $1.85-1.95 EPS.
Where is Cracker Barrel Old Country Store's stock going? Where will Cracker Barrel Old Country Store's stock price be in 2017?
9 equities research analysts have issued 1-year price objectives for Cracker Barrel Old Country Store's shares. Their forecasts range from $136.00 to $190.00. On average, they anticipate Cracker Barrel Old Country Store's share price to reach $158.78 in the next twelve months. View Analyst Ratings for Cracker Barrel Old Country Store.
What are analysts saying about Cracker Barrel Old Country Store stock?
Here are some recent quotes from research analysts about Cracker Barrel Old Country Store stock:
- 1. Maxim Group analysts commented, "We maintain our Hold rating on Cracker Barrel Old Country Store (CBRL), though raise our price target to $160, from $155, following the investor day conference yesterday at the company’s Lebanon, TN headquarters." (10/11/2017)
- 2. According to Zacks Investment Research, "Cracker Barrel posted mixed fourth-quarter fiscal 2017 results wherein the bottom line beat the Zacks Consensus Estimate while the top line lagged the same. Notably, this quarter marked the 25th successive earnings beat for the company. However, it has reported lower-than-expected revenues in nine of the last 10 quarters. Cracker Barrel shares have also underperformed the industry year to date. Nevertheless, the company expects its enhanced focus on convenience, value and menu innovation to aid in fighting persistent challenges faced by the restaurant and retail industry. Expansion of units, extensive marketing efforts, seasonal promotions, enhanced focus on retail business along with cost-saving initiatives should further drive growth. Yet, high costs along with limited geographic diversity remain potent headwinds." (9/18/2017)
- 3. Buckingham Research analysts commented, "We remain with a NEUTRAL rating and $161 target (in-line with current levels) ahead of the company's 2QFY17 (Jan-17) operating results. We like CBRL for the company's differentiated, value-oriented format which we believe buffers it somewhat from increased competition and the challenges facing the industry. We also appreciate the company's strong cash flows (3.7% yield), dividend payments (2.8% yield before special dividends) and real estate ownership (estimated at $1.3B-$1.5B) which provides downside protection. We are buyers of this stock at the right price but view the current levels as near fair value when taking into account a difficult industry labor and traffic dynamic. We see 26%/40% upside/downside in our best/worst case scenario analysis." (2/14/2017)
Who are some of Cracker Barrel Old Country Store's key competitors?
Some companies that are related to Cracker Barrel Old Country Store include Whitbread plc (WTB), Papa John's International (PZZA), Bloomin' Brands (BLMN), Greene King plc (GNK), Greggs plc (GRG), Mitchells & Butlers plc (MAB), Shake Shack (SHAK), Denny's Corporation (DENN), DineEquity (DIN), Biglari Holdings (BH), Young & Co.'s Brewery plc (YNGA), Marston's PLC (MARS), Restaurant Group PLC (RTN), Young & Co.'s Brewery plc (YNGN), Fuller, Smith & Turner plc (FSTA), Fiesta Restaurant Group (FRGI), Bojangles' (BOJA) and El Pollo Loco Holdings (LOCO).
Who are Cracker Barrel Old Country Store's key executives?
Cracker Barrel Old Country Store's management team includes the folowing people:
- James W. Bradford Jr., Independent Chairman of the Board
- Sandra B. Cochran, President, Chief Executive Officer, Director
- Jill M. Golder, Chief Financial Officer, Senior Vice President
- Beverly K. Carmichael, Chief People officer, Senior Vice President
- Richard M. Wolfson, Senior Vice President, General Counsel, Secretary
- P. Douglas Couvillion, Senior Vice President - Sourcing and Supply Chain
- Laura A. Daily, Senior Vice President - Retail
- Nicholas Verne Flanagan, Senior Vice President - Operations
- Donald H. Hoffman, Senior Vice President - Marketing
- Jeffrey Wilson, Vice President, Corporate Controller, Principal Accounting Officer
Who owns Cracker Barrel Old Country Store stock?
Cracker Barrel Old Country Store's stock is owned by many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.71%), Nationwide Fund Advisors (0.21%), Mutual of America Capital Management LLC (0.08%), BB&T Corp (0.05%), State Treasurer State of Michigan (0.04%) and Albert D Mason Inc. (0.01%). Company insiders that own Cracker Barrel Old Country Store stock include Andrea Weiss, Laura A Daily, Nicholas V Flanagan, Richard J Dobkin and Sandra B Cochran. View Institutional Ownership Trends for Cracker Barrel Old Country Store.
Who sold Cracker Barrel Old Country Store stock? Who is selling Cracker Barrel Old Country Store stock?
Cracker Barrel Old Country Store's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, State Treasurer State of Michigan, BB&T Corp, Strs Ohio and Mutual of America Capital Management LLC. Company insiders that have sold Cracker Barrel Old Country Store stock in the last year include Andrea Weiss, Nicholas V Flanagan, Richard J Dobkin and Sandra B Cochran. View Insider Buying and Selling for Cracker Barrel Old Country Store.
Who bought Cracker Barrel Old Country Store stock? Who is buying Cracker Barrel Old Country Store stock?
How do I buy Cracker Barrel Old Country Store stock?
Shares of Cracker Barrel Old Country Store can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cracker Barrel Old Country Store's stock price today?
MarketBeat Community Rating for Cracker Barrel Old Country Store (NASDAQ CBRL)MarketBeat's community ratings are surveys of what our community members think about Cracker Barrel Old Country Store and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Cracker Barrel Old Country Store stock can currently be purchased for approximately $153.06.
Consensus Ratings for Cracker Barrel Old Country Store (NASDAQ:CBRL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 8 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.89)|
|Consensus Price Target: ||$158.78 (3.74% upside)|Consensus Price Target History for Cracker Barrel Old Country Store (NASDAQ:CBRL)
Analysts' Ratings History for Cracker Barrel Old Country Store (NASDAQ:CBRL)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||SunTrust Banks, Inc.||Reiterated Rating||Hold||$136.00||N/A|
|10/11/2017||Maxim Group||Reiterated Rating||Hold -> Hold||$155.00 -> $160.00||N/A|
|9/14/2017||Instinet||Reiterated Rating||Neutral||$162.00 -> $158.00||Low|
|9/14/2017||Nomura||Lower Price Target||Neutral -> Neutral||$162.00 -> $158.00||Low|
|9/11/2017||Bank of America Corporation||Lower Price Target||Underperform||$150.00 -> $140.00||Low|
|5/25/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$157.50 -> $156.00||Low|
|3/21/2017||Argus||Downgrade||Buy -> Hold||Medium|
|2/14/2017||Buckingham Research||Set Price Target||Hold||$161.00||N/A|
|11/23/2016||Telsey Advisory Group||Boost Price Target||Market Perform||$150.00 -> $170.00||N/A|
|4/7/2016||Longbow Research||Upgrade||Neutral -> Buy||$187.00||N/A|
|11/2/2015||Miller Tabak||Upgrade||Hold -> Buy||N/A|
Earnings History for Cracker Barrel Old Country Store (NASDAQ:CBRL)Earnings History by Quarter for Cracker Barrel Old Country Store (NASDAQ CBRL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/13/2017||Q4 2017||$2.18||$2.23||$746.72 million||$743.20 million||View||N/A|
|5/23/2017||Q3 17||$1.85||$1.95||$713.06 million||$700.40 million||View||N/A|
|2/21/2017||Q217||$2.14||$2.19||$783.86 million||$772.70 million||View||Listen|
|11/22/2016||Q117||$1.84||$2.01||$713.73 million||$710.00 million||View||N/A|
|9/14/2016||Q416||$2.13||$2.12||$741.21 million||$745.60 million||View||Listen|
|6/1/2016||Q316||$1.80||$1.82||$705.60 million||$700.10 million||View||N/A|
|2/23/2016||Q216||$1.90||$1.91||$766.71 million||$764.00 million||View||Listen|
|11/24/2015||Q116||$1.59||$1.70||$704.69 million||$702.60 million||View||Listen|
|9/16/2015||Q415||$1.86||$1.97||$724.29 million||$719.20 million||View||Listen|
|6/2/2015||Q315||$1.37||$1.49||$680.04 million||$683.40 million||View||Listen|
|2/24/2015||Q215||$1.62||$1.93||$734.11 million||$756.00 million||View||N/A|
|11/25/2014||Q115||$1.29||$1.42||$665.50 million||$683.40 million||View||N/A|
|9/17/2014||Q414||$1.56||$1.63||$691.10 million||$692.75 million||View||N/A|
|5/28/2014||Q314||$1.22||$1.23||$642.87 million||$643.30 million||View||N/A|
|2/25/2014||Q214||$1.56||$1.55||$709.23 million||$698.50 million||View||N/A|
|11/26/2013||Q1||$1.13||$1.22||$646.72 million||$649.10 million||View||Listen|
|9/18/2013||Q4 2013||$1.35||$1.43||$668.68 million||$674.10 million||View||N/A|
|6/3/2013||Q3 2013||$0.94||$1.02||$630.56 million||$640.40 million||View||N/A|
|2/26/2013||Q2 2013||$1.25||$1.43||$694.06 million||$702.70 million||View||N/A|
|9/19/2012||Q412||$1.30||$1.47||$685.35 million||$700.00 million||View||N/A|
Earnings Estimates for Cracker Barrel Old Country Store (NASDAQ:CBRL)
2017 EPS Consensus Estimate: $7.94
2018 EPS Consensus Estimate: $8.41
2019 EPS Consensus Estimate: $8.66
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Cracker Barrel Old Country Store (NASDAQ:CBRL)
|Dividend Growth:||21.60% (3 Year Average)|
|Payout Ratio:||57.28% (Trailing 12 Months of Earnings) |
54.67% (Based on This Year's Estimates)
54.55% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Cracker Barrel Old Country Store (NASDAQ CBRL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cracker Barrel Old Country Store (NASDAQ:CBRL)
Insider Ownership Percentage: 0.86%Insider Trades by Quarter for Cracker Barrel Old Country Store (NASDAQ:CBRL)
Institutional Ownership Percentage: 85.60%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/18/2017||Sandra B Cochran||CEO||Sell||36,794||$151.67||$5,580,545.98|| |
|9/15/2017||Andrea Weiss||Director||Sell||2,000||$153.39||$306,780.00|| |
|3/2/2017||Richard J Dobkin||Director||Sell||2,000||$165.00||$330,000.00|| |
|11/25/2016||Andrea Weiss||Director||Sell||2,000||$164.50||$329,000.00|| |
|11/25/2016||Nicholas V Flanagan||VP||Sell||10,000||$164.05||$1,640,500.00|| |
|11/25/2016||Sandra B Cochran||COO||Sell||30,000||$164.05||$4,921,500.00|| |
|6/22/2016||Laura A Daily||VP||Sell||600||$168.75||$101,250.00|| |
|9/21/2015||Christopher Alex Ciavarra||VP||Sell||5,000||$148.15||$740,750.00|| |
|9/18/2015||Sandra B. Cochran||CEO||Sell||40,000||$146.11||$5,844,400.00|| |
|3/24/2015||Andrea Weiss||Director||Sell||3,150||$155.36||$489,384.00|| |
|2/27/2015||Richard J Dobkin||Director||Sell||2,000||$152.00||$304,000.00|| |
|2/26/2015||Nicholas V Flanagan||VP||Sell||5,000||$149.82||$749,100.00|| |
|9/24/2014||Edward A Greene||VP||Sell||3,961||$103.12||$408,458.32|| |
|9/22/2014||Nicholas V Flanagan||VP||Sell||3,000||$103.50||$310,500.00|| |
|9/19/2014||Sandra B Cochran||CEO||Sell||40,000||$103.56||$4,142,400.00|| |
|6/2/2014||Andrea Weiss||Director||Sell||5,000||$100.34||$501,700.00|| |
|9/24/2013||Doug Barber||VP||Sell||16,000||$102.96||$1,647,360.00|| |
|4/11/2013||Martha M Mitchell||Director||Sell||5,000||$81.98||$409,900.00|| |
|12/13/2012||Sardar Biglari||Insider||Buy||504,216||$62.59||$31,558,879.44|| |
|11/2/2012||Sardar Biglari||Insider||Buy||58,541||$63.39||$3,710,913.99|| |
|10/26/2012||Sardar Biglari||Insider||Buy||31,800||$63.40||$2,016,120.00|| |
|10/23/2012||Sardar Biglari||Insider||Buy||18,200||$64.11||$1,166,802.00|| |
|10/15/2012||Sardar Biglari||Insider||Buy||34,000||$66.67||$2,266,780.00|| |
|10/10/2012||Glenn A Davenport||Director||Buy||1,000||$67.00||$67,000.00|| |
|10/2/2012||Glenn A Davenport||Director||Buy||1,000||$67.50||$67,500.00|| |
|9/18/2012||Sardar Biglari||Insider||Buy||26,528||$63.65||$1,688,507.20|| |
Headline Trends for Cracker Barrel Old Country Store (NASDAQ:CBRL)
Latest Headlines for Cracker Barrel Old Country Store (NASDAQ:CBRL)
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Cracker Barrel Old Country Store (CBRL) Chart for Tuesday, October, 24, 2017