Cracker Barrel Old Country Store Company Profile (NASDAQ:CBRL)

Cracker Barrel Old Country Store trades on the NASDAQ under the ticker symbol "CBRL."

Cracker Barrel Old Country Store announced a quarterly dividend on Friday, September 29th. Shareholders of record on Friday, October 13th will be paid a dividend of $1.20 per share on Monday, November 6th. This represents a $4.80 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Thursday, October 12th. View Cracker Barrel Old Country Store's Dividend History.

Cracker Barrel Old Country Store announced that its board has authorized a share buyback plan on Saturday, September 30th 2017, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 0.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) posted its quarterly earnings results on Wednesday, September, 13th. The company reported $2.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.18 by $0.05. The firm earned $743.20 million during the quarter, compared to analyst estimates of $746.72 million. Cracker Barrel Old Country Store had a net margin of 6.90% and a return on equity of 35.49%. Cracker Barrel Old Country Store's revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.12 earnings per share. View Cracker Barrel Old Country Store's Earnings History.

Cracker Barrel Old Country Store is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Cracker Barrel Old Country Store.

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 EPS 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.

8 brokers have issued 12 month target prices for Cracker Barrel Old Country Store's stock. Their predictions range from $140.00 to $190.00. On average, they anticipate Cracker Barrel Old Country Store's stock price to reach $161.63 in the next year. View Analyst Ratings for Cracker Barrel Old Country Store.

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)

Some companies that are related to Cracker Barrel Old Country Store include Whitbread plc (WTB), Papa John's International (PZZA), Greene King plc (GNK), Bloomin' Brands (BLMN), Greggs plc (GRG), Shake Shack (SHAK), Mitchells & Butlers plc (MAB), Denny's Corporation (DENN), DineEquity (DIN), Biglari Holdings (BH), Young & Co.'s Brewery plc (YNGA), Marston's PLC (MARS), Restaurant Group PLC (RTN), Fuller, Smith & Turner plc (FSTA), Young & Co.'s Brewery plc (YNGN), Fiesta Restaurant Group (FRGI), Bojangles' (BOJA) and El Pollo Loco Holdings (LOCO).

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, Senior Vice President and Chief People officer
• Christopher Alex Ciavarra, Senior Vice President - Marketing
• Laura A. Daily, Senior Vice President - Retail
• Nicholas Verne Flanagan, Senior Vice President - Operations
• Jeff Wilson, Vice President, Corporate Controller, Principal Accounting Officer
• Michael J. Zylstra, Vice President, General Counsel, Secretary
• P. Douglas Couvillion, Vice President - Supply Chain & Quality Assurance

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.

One share of Cracker Barrel Old Country Store stock can currently be purchased for approximately $155.82.