About Del Frisco's Restaurant Group (NASDAQ:DFRG)
Del Frisco's Restaurant Group, Inc. develops, owns and operates three contemporary, complementary restaurants: Del Frisco's Double Eagle Steak House (Del Frisco's), Sullivan's Steakhouse (Sullivan's) and Del Frisco's Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States. The Company's segments include Del Frisco's, Sullivan's and the Grille. Del Frisco's is a steakhouse concept in the United States. The Del Frisco's brand's menu includes the United States Department of Agriculture (USDA) Prime grade, wet-aged steaks hand-cut at the time of order and a range of other offerings, including prime lamb, fresh seafood, and signature side dishes and desserts. Each restaurant has a sommelier to guide diners through a wine list. As of December 27, 2016, the Company operated 12 Del Frisco's steakhouses in nine states and the District of Columbia. Sullivan's is a complementary concept to Del Frisco's.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Restaurants & Bars
- Sub-Industry: Restaurants
- Symbol: NASDAQ:DFRG
- CUSIP: 24507710
- Web: www.dfrg.com
- Market Cap: $264.18 million
- Outstanding Shares: 21,219,000
- 50 Day Moving Avg: $13.97
- 200 Day Moving Avg: $15.55
- 52 Week Range: $11.70 - $18.80
Sales & Book Value:
- Trailing P/E Ratio: 26.20
- Foreward P/E Ratio: 15.56
- P/E Growth: 1.46
- Annual Revenue: $358.7 million
- Price / Sales: 0.75
- Book Value: $10.12 per share
- Price / Book: 1.25
- EBITDA: $40.22 million
- Net Margins: 3.00%
- Return on Equity: 6.94%
- Return on Assets: 4.29%
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 0.76%
- Quick Ratio: 0.33%
- Average Volume: 228,669 shs.
- Beta: 0.78
- Short Ratio: 3.14
Frequently Asked Questions for Del Frisco's Restaurant Group (NASDAQ:DFRG)
What is Del Frisco's Restaurant Group's stock symbol?
Del Frisco's Restaurant Group trades on the NASDAQ under the ticker symbol "DFRG."
How will Del Frisco's Restaurant Group's stock buyback program work?
Del Frisco's Restaurant Group announced that its Board of Directors has initiated a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 11.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Del Frisco's Restaurant Group's earnings last quarter?
Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) released its quarterly earnings data on Friday, October, 13th. The company reported ($0.03) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.01. The company earned $73.30 million during the quarter, compared to the consensus estimate of $73.58 million. Del Frisco's Restaurant Group had a return on equity of 6.94% and a net margin of 3.00%. Del Frisco's Restaurant Group's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned $0.04 EPS. View Del Frisco's Restaurant Group's Earnings History.
What guidance has Del Frisco's Restaurant Group issued on next quarter's earnings?
Del Frisco's Restaurant Group updated its FY17 earnings guidance on Friday, October, 13th. The company provided EPS guidance of $0.76-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.76.
Where is Del Frisco's Restaurant Group's stock going? Where will Del Frisco's Restaurant Group's stock price be in 2017?
5 brokers have issued 1-year price targets for Del Frisco's Restaurant Group's stock. Their forecasts range from $14.50 to $17.50. On average, they anticipate Del Frisco's Restaurant Group's stock price to reach $16.00 in the next year. View Analyst Ratings for Del Frisco's Restaurant Group.
What are analysts saying about Del Frisco's Restaurant Group stock?
Here are some recent quotes from research analysts about Del Frisco's Restaurant Group stock:
- 1. According to Zacks Investment Research, "Del Frisco's Restaurant Group, LLC develops, owns and operates three contemporary, complementary restaurant concepts: Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse and Del Frisco's Grille. The restaurants offer selections that include steaks, lobster tails, lamb chops and fresh seafood, as well as an extensive wine selection. Del Frisco's Restaurant Group, LLC is headquartered in Wichita, Kansas. " (10/13/2017)
- 2. Canaccord Genuity analysts commented, "We are impressed with the direction of the company under new leadership (Norman Abdallah) as management greater focuses on returns, reducing the cost structure and driving guest traffic. However, anemic industry trends and a lack of top-line visibility keep us on the sidelines for now. For FY17, we are raising our EPS estimate to $0.84 (from $0.81), mostly due to a lower share count given significant share repurchases late in Q1. We are also upping our FY18 EPS projection to $0.89 from $0.87." (4/25/2017)
Who are some of Del Frisco's Restaurant Group's key competitors?
Some companies that are related to Del Frisco's Restaurant Group include Fiesta Restaurant Group (FRGI), Bojangles' (BOJA), El Pollo Loco Holdings (LOCO), Chuy's Holdings (CHUY), The Habit Restaurants (HABT), Potbelly Corporation (PBPB), Zoe's Kitchen (ZOES), Ruby Tuesday (RT), Luby's (LUB), DP Poland Plc (DPP), Diversified Restaurant Holdings (SAUC), Good Times Restaurants (GTIM), One Group Hospitality (STKS), Kona Grill (KONA) and Spirit Pub Company Ltd (SPRT).
Who are Del Frisco's Restaurant Group's key executives?
Del Frisco's Restaurant Group's management team includes the folowing people:
- Ian Russell Carter, Independent Chairman of the Board
- Norman J. Abdallah, President, Chief Executive Officer, Director
- Neil Thomson, Chief Financial Officer
- Brandon Charles Coleman, Brand President - Del Frisco's Grille
- Ray D. Risley, President - Del Frisco's Double Eagle Steak House
- Scott C. Smith, President - Sullivan’s
- Thomas G. Dritsas, Vice President - Culinary & Corporate Executive Chef
- William S. Martens, Vice President - Development & Construction and Chief Development Officer
- April L. Scopa, Vice President - People and Education and Chief People Officer
- Mark S. Mednansky, Director
Who owns Del Frisco's Restaurant Group stock?
Del Frisco's Restaurant Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thomson Horstmann & Bryant Inc. (2.00%). Company insiders that own Del Frisco's Restaurant Group stock include Ian Russell Carter, Mark Mednansky, National Financial I Fidelity, Neil H Thomson, Norman J Abdallah, Thomas G Dritsas and Thomas J Pennison Jr. View Institutional Ownership Trends for Del Frisco's Restaurant Group.
Who sold Del Frisco's Restaurant Group stock? Who is selling Del Frisco's Restaurant Group stock?
Del Frisco's Restaurant Group's stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc.. Company insiders that have sold Del Frisco's Restaurant Group stock in the last year include Mark Mednansky, National Financial I Fidelity and Thomas J Pennison Jr. View Insider Buying and Selling for Del Frisco's Restaurant Group.
How do I buy Del Frisco's Restaurant Group stock?
Shares of Del Frisco's Restaurant Group 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 Del Frisco's Restaurant Group's stock price today?
MarketBeat Community Rating for Del Frisco's Restaurant Group (NASDAQ DFRG)MarketBeat's community ratings are surveys of what our community members think about Del Frisco's Restaurant Group 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 Del Frisco's Restaurant Group stock can currently be purchased for approximately $12.60.
Consensus Ratings for Del Frisco's Restaurant Group (NASDAQ:DFRG) (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: ||4 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.20)|
|Consensus Price Target: ||$16.00 (26.98% upside)|Consensus Price Target History for Del Frisco's Restaurant Group (NASDAQ:DFRG)
Analysts' Ratings History for Del Frisco's Restaurant Group (NASDAQ:DFRG)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Credit Suisse Group||Lower Price Target||Outperform||$16.50 -> $14.50||N/A|
|10/16/2017||Raymond James Financial, Inc.||Set Price Target||Hold||$18.00 -> $16.00||N/A|
|10/1/2017||Canaccord Genuity||Reiterated Rating||Hold||$16.00||Low|
|4/29/2017||Deutsche Bank AG||Reiterated Rating||Hold||$16.00 -> $17.50||Low|
|11/16/2016||Stephens||Downgrade||Overweight -> Equal Weight||N/A|
|10/5/2016||Wm Smith||Initiated Coverage||Not Rated||$19.00||N/A|
|7/26/2016||Stifel Nicolaus||Downgrade||Buy -> Hold||$23.00 -> $14.00||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|3/4/2016||Piper Jaffray Companies||Reiterated Rating||Neutral||$13.00 -> $16.00||N/A|
Earnings History for Del Frisco's Restaurant Group (NASDAQ:DFRG)Earnings History by Quarter for Del Frisco's Restaurant Group (NASDAQ DFRG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/13/2017||Q3 2017||($0.02)||($0.03)||$73.58 million||$73.30 million||View||N/A|
|7/21/2017||Q2 2017||$0.17||$0.15||$81.92 million||$82.30 million||View||N/A|
|4/25/2017||Q1 2017||$0.21||$0.20||$84.08 million||$83.89 million||View||N/A|
|2/24/2017||Q416||$0.33||$0.37||$118.21 million||$119.20 million||View||N/A|
|10/14/2016||Q316||$0.05||$0.04||$72.90 million||$71.41 million||View||Listen|
|7/21/2016||Q216||$0.18||$0.19||$80.79 million||$79.90 million||View||Listen|
|4/26/2016||Q116||$0.21||$0.23||$80.32 million||$81.20 million||View||Listen|
|3/1/2016||Q415||$0.36||$0.36||$113.94 million||$114.10 million||View||N/A|
|10/13/2015||Q315||$0.04||$0.04||$69.98 million||$68.60 million||View||Listen|
|7/23/2015||Q215||$0.19||$0.16||$75.82 million||$73.80 million||View||Listen|
|4/28/2015||Q115||$0.22||$0.23||$75.26 million||$75.10 million||View||N/A|
|2/27/2015||Q414||$0.41||$0.35||$108.01 million||$105.80 million||View||N/A|
|10/14/2014||Q314||$0.07||$0.08||$62.60 million||$61.90 million||View||Listen|
|7/22/2014||Q214||$0.21||$0.20||$69.08 million||$67.40 million||View||N/A|
|4/29/2014||Q114||$0.20||$0.20||$67.20 million||$66.60 million||View||N/A|
|2/26/2014||Q413||$0.38||$0.36||$99.87 million||$97.50 million||View||N/A|
|10/9/2013||Q313||$0.11||$0.10||$54.84 million||$54.20 million||View||N/A|
|7/16/2013||Q2 2013||$0.19||$0.20||$59.13 million||$60.40 million||View||N/A|
|4/30/2013||Q1 2013||$0.21||$0.21||$58.52 million||$59.80 million||View||N/A|
|2/21/2013||Q4 2012||$0.29||$0.31||$80.36 million||$80.90 million||View||N/A|
Earnings Estimates for Del Frisco's Restaurant Group (NASDAQ:DFRG)
Current Year EPS Consensus Estimate: $0.73 EPS
Next Year EPS Consensus Estimate: $0.81 EPS
Dividend History for Del Frisco's Restaurant Group (NASDAQ:DFRG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Del Frisco's Restaurant Group (NASDAQ:DFRG)
Insider Ownership Percentage: 2.70%Insider Trades by Quarter for Del Frisco's Restaurant Group (NASDAQ:DFRG)
Institutional Ownership Percentage: 98.45%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/20/2017||Thomas G Dritsas||VP||Buy||1,500||$12.80||$19,200.00|| |
|10/17/2017||Ian Russell Carter||Director||Buy||8,900||$12.70||$113,030.00|| |
|8/3/2017||Thomas G Dritsas||VP||Buy||7,194||$13.97||$100,500.18|| |
|7/30/2017||Neil H Thomson||CFO||Buy||4,000||$14.25||$57,000.00|| |
|7/28/2017||Norman J Abdallah||CEO||Buy||5,000||$14.24||$71,200.00|| |
|7/27/2017||Neil H Thomson||CFO||Buy||1,643||$14.33||$23,544.19|| |
|7/25/2017||Ian Russell Carter||Director||Buy||12,200||$14.00||$170,800.00|| |
|7/25/2017||Neil H Thomson||CFO||Buy||12,357||$14.13||$174,604.41|| |
|7/25/2017||Norman J Abdallah||CEO||Buy||15,000||$14.11||$211,650.00|| |
|5/17/2017||Thomas J Pennison Jr||CFO||Sell||2,827||$17.74||$50,150.98|| |
|3/10/2017||National Financial I Fidelity||Major Shareholder||Sell||1,200,000||$16.87||$20,244,000.00|| |
|2/28/2017||Norman J Abdallah||CEO||Buy||17,195||$16.14||$277,527.30|| |
|12/9/2016||Mark Mednansky||Director||Sell||190,500||$18.20||$3,467,100.00|| |
|12/1/2016||Norman J Abdallah||CEO||Buy||10,000||$17.55||$175,500.00|| |
|2/12/2016||National Financial I Fidelity||Major Shareholder||Buy||153,824||$14.68||$2,258,136.32|| |
|2/9/2016||National Financial I Fidelity||Major Shareholder||Buy||228,576||$14.61||$3,339,495.36|| |
|1/20/2016||National Financial I Fidelity||Major Shareholder||Buy||88,823||$14.95||$1,327,903.85|| |
|1/15/2016||National Financial I Fidelity||Major Shareholder||Buy||48,309||$14.85||$717,388.65|| |
|1/13/2016||National Financial I Fidelity||Major Shareholder||Buy||194,080||$14.91||$2,893,732.80|| |
|1/12/2016||National Financial I Fidelity||Major Shareholder||Buy||41,072||$14.97||$614,847.84|| |
|1/11/2016||National Financial I Fidelity||Major Shareholder||Buy||46,167||$14.71||$679,116.57|| |
|8/7/2015||David B Barr||Director||Buy||3,500||$15.15||$53,025.00|| |
|7/27/2015||Ian Russell Carter||Director||Buy||13,750||$14.49||$199,237.50|| |
|7/27/2015||Mark Mednansky||CEO||Buy||5,000||$14.40||$72,000.00|| |
|7/27/2015||Thomas J Pennison Jr||CFO||Buy||6,850||$14.47||$99,119.50|| |
|8/5/2014||Mark Mednansky||CEO||Buy||3,000||$20.93||$62,790.00|| |
|5/20/2014||Lisa Kislak||VP||Sell||2,000||$25.81||$51,620.00|| |
|5/20/2014||Norman Abdallah||Director||Sell||4,500||$25.86||$116,370.00|| |
|12/10/2013||John Grayken||major shareholder||Sell||6,194,667||$18.53||$114,787,179.51|| |
|10/17/2013||Mark Mednansky||CEO||Buy||5,000||$18.35||$91,750.00|| |
|8/9/2013||Mark Mednansky||CEO||Buy||5,000||$20.38||$101,900.00|| |
|8/6/2013||John Grayken||major shareholder||Sell||900,000||$20.19||$18,171,000.00|| |
|7/31/2013||John P Grayken||Major Shareholder||Sell||6,000,000||$20.19||$121,140,000.00|| |
|4/10/2013||John P Grayken||Major Shareholder||Sell||150,000||$16.15||$2,422,500.00|| |
|3/13/2013||John P Grayken||Major Shareholder||Sell||4,750,000||$16.15||$76,712,500.00|| |
|11/13/2012||Thomas J Pennison Jr||CFO||Buy||2,000||$13.19||$26,380.00|| |
Headline Trends for Del Frisco's Restaurant Group (NASDAQ:DFRG)
Latest Headlines for Del Frisco's Restaurant Group (NASDAQ:DFRG)
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Del Frisco's Restaurant Group (DFRG) Chart for Tuesday, October, 24, 2017