Darden Restaurants Company Profile (NYSE:DRI)

About Darden Restaurants

Darden Restaurants logoDarden Restaurants, Inc. is a full-service restaurant company. The Company owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues). As of May 29, 2016, the Company also had 50 restaurants operated by independent third parties pursuant to area development and franchise agreements. Olive Garden's menu includes a range of authentic Italian foods featuring fresh ingredients and a selection of imported Italian wines. LongHorn Steakhouse restaurants feature a range of menu items, including fresh steaks and chicken, as well as salmon, shrimp, ribs, pork chops, burgers and prime rib.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Restaurants
  • Sub-Industry: Restaurants
  • Exchange: NYSE
  • Symbol: DRI
  • CUSIP: 23719410
Key Metrics:
  • Previous Close: $62.96
  • 50 Day Moving Average: $62.01
  • 200 Day Moving Average: $64.17
  • Trailing P/E Ratio: 21.73
  • Foreward P/E Ratio: 14.85
  • P/E Growth: 1.07
  • Market Cap: $7.95B
  • Outstanding Shares: 126,215,000
  • Beta: 0.55
Additional Links:
Companies Related to Darden Restaurants:

Analyst Ratings

Consensus Ratings for Darden Restaurants (NYSE:DRI) (?)
Ratings Breakdown: 2 Sell Ratings, 9 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.41)
Consensus Price Target: $70.75 (12.37% upside)

Analysts' Ratings History for Darden Restaurants (NYSE:DRI)
DateFirmActionRatingPrice TargetDetails
8/25/2016Piper Jaffray Cos.Reiterated RatingOverweight$76.00View Rating Details
8/22/2016Canaccord GenuityInitiated CoverageBuy$74.00View Rating Details
7/26/2016Stifel NicolausDowngradeHold -> Sell$53.00View Rating Details
7/13/2016Wells Fargo & Co.DowngradeOutperform -> Market Perform$72.00 -> $68.00View Rating Details
7/6/2016GuggenheimReiterated RatingNeutralView Rating Details
7/5/2016Deutsche Bank AGReiterated RatingBuy$76.00View Rating Details
7/5/2016BMO Capital MarketsReiterated RatingMarket Perform$66.00 -> $64.00View Rating Details
7/2/2016Jefferies GroupReiterated RatingHold$66.00 -> $64.00View Rating Details
7/1/2016BTIG ResearchReiterated RatingBuy$75.00View Rating Details
7/1/2016Maxim GroupReiterated RatingBuy$77.00 -> $74.00View Rating Details
6/28/2016Royal Bank Of CanadaReiterated RatingSector Perform$70.00View Rating Details
6/28/2016Robert W. BairdReiterated RatingNeutral$70.00View Rating Details
6/28/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$70.00View Rating Details
6/23/2016Tigress FinancialUpgradeNeutral -> BuyView Rating Details
5/26/2016Sanford C. BernsteinInitiated CoverageMarket PerformView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
4/16/2016Citigroup Inc.Boost Price TargetBuy$73.00 -> $75.00View Rating Details
4/6/2016Credit Suisse Group AGReiterated RatingBuyView Rating Details
4/6/2016Barclays PLCLower Price TargetOverweight$81.00 -> $80.00View Rating Details
1/29/2016Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
12/30/2015ArgusReiterated RatingHoldView Rating Details
10/7/2015SunTrust Banks Inc.Initiated CoverageNeutral$71.00View Rating Details
7/1/2015Goldman Sachs Group Inc.Initiated CoverageNeutral$74.00View Rating Details
5/27/2015KeyCorpSet Price TargetOverweight$70.00 -> $80.00View Rating Details
3/23/2015Bank of America Corp.Set Price TargetSell$55.00View Rating Details
3/23/2015Miller TabakReiterated RatingBuy$67.00 -> $75.00View Rating Details
3/23/2015Telsey Advisory GroupUpgradeMarket Perform -> Outperform$61.00 -> $77.00View Rating Details
10/2/2014ING GroupReiterated RatingPositiveView Rating Details
9/15/2014S&P Equity ResearchUpgradeHoldView Rating Details
9/15/2014Credit Agricole SAUpgradeUnderperform -> OutperformView Rating Details
(Data available from 8/25/2014 forward)


Earnings History for Darden Restaurants (NYSE:DRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/30/2016Q416$1.08$1.10$1.79 billionViewListenView Earnings Details
4/5/2016Q316$1.19$1.21$1.85 billionViewN/AView Earnings Details
12/18/2015Q216$0.42$0.54$1.61 billionViewN/AView Earnings Details
9/22/2015Q116$0.58$0.68$1.69 billionViewListenView Earnings Details
6/23/2015Q415$0.93$1.08$1.88 billionViewN/AView Earnings Details
3/20/2015Q315$0.84$0.99$1.73 billionViewN/AView Earnings Details
12/16/2014Q215$0.27$0.28$1.55 billion$1.56 billionViewN/AView Earnings Details
9/12/2014Q115$0.32$0.32$1.60 billionViewN/AView Earnings Details
6/20/2014Q414$0.94$0.65$2.33 billion$2.32 billionViewN/AView Earnings Details
3/21/2014Q314$0.82$0.82$2.26 billion$2.23 billionViewN/AView Earnings Details
12/19/2013Q2$0.21$0.15$2.07 billion$2.05 billionViewListenView Earnings Details
9/20/2013Q114$0.70$0.53$2.20 billion$2.16 billionViewN/AView Earnings Details
6/21/2013Q4 2013$1.04$1.01$2.27 billion$2.30 billionViewN/AView Earnings Details
3/22/2013Q3 2013$1.01$1.02$2.26 billion$2.26 billionViewN/AView Earnings Details
12/20/2012Q2 2013$0.26$0.26$1.95 billion$1.96 billionViewN/AView Earnings Details
9/21/2012Q113$0.84$0.85$2.03 billion$2.03 billionViewN/AView Earnings Details
6/22/2012$1.15$1.15ViewN/AView Earnings Details
3/23/2012$1.23$1.25ViewN/AView Earnings Details
12/17/2011$0.42$0.41ViewN/AView Earnings Details
9/28/2011$0.78$0.78ViewN/AView Earnings Details
6/30/2011$1.00$1.00ViewN/AView Earnings Details
3/24/2011$1.05$1.08ViewN/AView Earnings Details
12/20/2010$0.54$0.54$1.73 billion$1.73 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Darden Restaurants (NYSE:DRI)
Current Year EPS Consensus Estimate: $3.86 EPS
Next Year EPS Consensus Estimate: $4.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$1.04$1.21$1.12
Q2 20165$1.04$1.27$1.10
Q3 20163$0.75$0.92$0.83
Q4 20164$0.55$1.08$0.94
Q1 20174$0.80$0.87$0.84
Q2 20174$0.57$0.68$0.63
Q3 20173$1.21$1.37$1.31
Q4 20173$1.10$1.15$1.13
Q1 20181$0.95$0.95$0.95
Q4 20181$1.21$1.21$1.21
(Data provided by Zacks Investment Research)


Current Dividend Information for Darden Restaurants (NYSE:DRI)
Annual Dividend:$2.24
Dividend Yield:3.56%
Payout Ratio:76.98% (Based on Trailing 12 Months of Earnings)
58.03% (Based on Current Year Consensus EPS Estimate)
52.83% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:5.80% (3 Year Average)

Dividend History for Darden Restaurants (NYSE:DRI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Darden Restaurants (NYSE:DRI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/7/2016James P FogartyDirectorBuy3,000$61.70$185,100.00View SEC Filing  
4/12/2016Alan N StillmanDirectorSell2,000$63.50$127,000.00View SEC Filing  
3/18/2016Jeffrey C SmithDirectorSell63,859$67.94$4,338,580.46View SEC Filing  
3/14/2016Jeffrey C SmithDirectorSell370,566$67.71$25,091,023.86View SEC Filing  
3/9/2016Jeffrey C SmithDirectorSell315,575$66.82$21,086,721.50View SEC Filing  
3/8/2016Jeffrey C SmithDirectorSell5,852$65.17$381,374.84View SEC Filing  
3/7/2016Jeffrey C SmithDirectorSell135,996$65.16$8,861,499.36View SEC Filing  
3/3/2016Jeffrey C SmithDirectorSell320,298$64.65$20,707,265.70View SEC Filing  
2/29/2016Jeffrey C SmithDirectorSell303,206$63.95$19,390,023.70View SEC Filing  
2/24/2016Jeffrey C SmithDirectorSell166,483$63.02$10,491,758.66View SEC Filing  
2/23/2016Jeffrey C SmithDirectorSell5,065$63.79$323,096.35View SEC Filing  
2/22/2016Jeffrey C SmithDirectorSell164,200$62.15$10,205,030.00View SEC Filing  
2/1/2016Jeffrey C SmithDirectorSell320,000$63.42$20,294,400.00View SEC Filing  
1/26/2016Jeffrey C SmithDirectorSell700,000$62.00$43,400,000.00View SEC Filing  
1/11/2016Jeffrey C SmithDirectorSell1,300,000$62.50$81,250,000.00View SEC Filing  
12/22/2015David C. GeorgeinsiderSell40,008$63.78$2,551,710.24View SEC Filing  
12/22/2015Eugene I. Lee, Jr.CEOSell111,695$63.60$7,103,802.00View SEC Filing  
9/25/2015James P FogartyDirectorBuy2,900$70.50$204,450.00View SEC Filing  
7/23/2015C Bradford RichmondSVPSell15,620$75.09$1,172,905.80View SEC Filing  
7/22/2015Valerie L InsignaresInsiderSell5,090$74.12$377,270.80View SEC Filing  
7/16/2015C Bradford RichmondSVPSell15,000$72.90$1,093,500.00View SEC Filing  
6/26/2015David C GeorgeInsiderSell11,768$71.46$840,941.28View SEC Filing  
4/7/2015Eugene I Lee JrCEOBuy7,600$66.29$503,804.00View SEC Filing  
3/27/2015Valerie L InsignaresInsiderSell20,107$68.57$1,378,736.99View SEC Filing  
3/24/2015C Bradford RichmondCFOSell66,863$69.69$4,659,682.47View SEC Filing  
3/24/2015R. Lothrop DavidSVPSell18,266$69.42$1,268,025.72View SEC Filing  
1/28/2015C Bradford RichmondCFOSell1,808$62.00$112,096.00View SEC Filing  
12/29/2014R. Lothrop DavidSVPSell9,239$58.75$542,791.25View SEC Filing  
12/22/2014C Bradford RichmondCFOSell5,137$57.67$296,250.79View SEC Filing  
10/28/2014C Bradford RichmondCFOSell31,735$52.06$1,652,124.10View SEC Filing  
10/28/2014Robert S McadamSVPSell31,762$52.02$1,652,259.24View SEC Filing  
10/28/2014Valerie L InsignaresInsiderSell30,000$52.00$1,560,000.00View SEC Filing  
10/23/2014R. Lothrop DavidSVPSell11,250$50.29$565,762.50View SEC Filing  
8/1/2014Daisy NgSVPSell12,500$46.53$581,625.00View SEC Filing  
1/8/2014Cornelius Mcgillicudy IIIDirectorSell3,000$51.92$155,760.00View SEC Filing  
1/3/2014Salli SettaInsiderSell20,900$53.43$1,116,687.00View SEC Filing  
12/23/2013C Bradford RichmondCFOSell20,750$54.44$1,129,630.00View SEC Filing  
12/23/2013Clarence Otis, Jr.CEOSell52,500$53.88$2,828,700.00View SEC Filing  
10/18/2013C Bradford RichmondCFOSell6,310$52.02$328,246.20View SEC Filing  
10/17/2013Valerie L InsignaresInsiderSell10,800$50.00$540,000.00View SEC Filing  
10/15/2013David C GeorgeInsiderSell27,299$51.06$1,393,886.94View SEC Filing  
10/15/2013Maria SastreDirectorSell3,000$51.06$153,180.00View SEC Filing  
10/11/2013David PickensInsiderSell31,500$49.66$1,564,290.00View SEC Filing  
7/18/2013Kim A LopdrupSVPSell63,000$50.01$3,150,630.00View SEC Filing  
1/11/2013William M Lewis JrDirectorBuy11,000$44.91$494,010.00View SEC Filing  
10/2/2012James J BuettgenCMOSell65,288$55.43$3,618,913.84View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Darden Restaurants (NYSE:DRI)
thestreet.com logoDarden Restaurants (DRI) Stock Up, Coverage Initiated with 'Buy' Rating at Canaccord (NYSE:DRI)
www.thestreet.com - August 23 at 4:49 PM
thestreet.com logoDarden Restaurants Looks Set to Be Devoured by the Bears (NYSE:DRI)
realmoney.thestreet.com - August 23 at 4:49 PM
capitalcube.com logoETF’s with exposure to Darden Restaurants, Inc. : August 22, 2016 (NYSE:DRI)
www.capitalcube.com - August 22 at 4:45 PM
investornewswire.com logoWill Darden Restaurants, Inc. (NYSE:DRI) Hit $80 Price Target? - Investor Newswire (NYSE:DRI)
www.investornewswire.com - August 20 at 8:07 AM
News IconWall Street Views & Estimates on Darden Restaurants, Inc. (NYSE:DRI) - Post News (NYSE:DRI)
www.kentuckypostnews.com - August 19 at 3:47 PM
stocksdaily.net logoDividend Alert For Darden Restaurants, Inc. (NYSE:DRI) - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - August 18 at 4:45 PM
fool.com logoShareholder Activists Are Changing Tactics and Showing Up in New Places (NYSE:DRI)
www.fool.com - August 18 at 4:45 PM
bizjournals.com logo3 things set to happen at Darden’s annual meeting (NYSE:DRI)
www.bizjournals.com - August 16 at 4:46 PM
stocksdaily.net logoDarden Restaurants, Inc. (NYSE:DRI) Cash and Short – Term ... - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - August 14 at 9:23 AM
News IconAnalysts Valuations For Two Stocks: Westlake Chemical ... - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - August 13 at 4:38 PM
investornewswire.com logoDarden Restaurants, Inc. (NYSE:DRI) Buy, Hold and Sell ... - Investor Newswire (NYSE:DRI)
www.investornewswire.com - August 12 at 9:51 PM
stocksdaily.net logoDarden Restaurants, Inc. (NYSE:DRI) Paid $0.56 As Dividend - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - August 11 at 4:50 PM
seekingalpha.com logoWhy I Bought This Restaurant Stock And Its 5% Dividend - Seeking Alpha (NYSE:DRI)
seekingalpha.com - August 11 at 8:16 AM
News IconWhat Analyst's Think about Darden Restaurants, Inc. (NYSE:DRI) - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - August 11 at 8:16 AM
marketnewsvideo.com logoDarden Restaurants Becomes #93 Most Shorted S&P 500 Component, Replacing L Brands (NYSE:DRI)
www.marketnewsvideo.com - August 10 at 4:51 PM
News IconWhich way Darden Restaurants, Inc. (NYSE:DRI) earnings may go - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - August 9 at 8:27 AM
realistinvestor.com logoDarden Restaurants, Inc. (NYSE:DRI) Quarterly Accounts Payable At $241.9 Millions - RealistInvestor.com (NYSE:DRI)
www.realistinvestor.com - August 6 at 5:01 PM
investornewswire.com logoStrong Sell Calls For Darden Restaurants, Inc. (NYSE:DRI) At 2 - Investor Newswire (NYSE:DRI)
www.investornewswire.com - August 5 at 9:56 PM
streetupdates.com logoLatest Analysts Score of Stocks: Darden Restaurants, Inc. (NYSE:DRI) , Costco Wholesale Corporation (NASDAQ:COST) - Street Updates (NYSE:DRI)
www.streetupdates.com - August 4 at 4:54 PM
bizjournals.com logoOrlando-area developer sues LongHorn Steakhouse parent (NYSE:DRI)
www.bizjournals.com - August 3 at 4:51 PM
News IconPrice Target Update: Darden Restaurants, Inc. (NYSE:DRI) - News Oracle (NYSE:DRI)
www.newsoracle.com - July 31 at 9:08 AM
investornewswire.com logoCan Shares Of Darden Restaurants, Inc. (NYSE:DRI) Hit $80? - Investor Newswire (NYSE:DRI)
www.investornewswire.com - July 29 at 10:02 PM
News IconLooking At Current Analyst Coverage on Darden Restaurants, Inc. (NYSE:DRI) - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - July 29 at 10:02 PM
finance.yahoo.com logoDARDEN RESTAURANTS INC Financials (NYSE:DRI)
finance.yahoo.com - July 29 at 1:04 PM
fortune.com logoAnalyst Views That Are Worth Watching: Darden Restaurants, Inc ... - Review Fortune (NYSE:DRI)
reviewfortune.com - July 28 at 3:23 PM
fortune.com logoAnalysts Downgrade of the Day: Darden Restaurants, Inc. (NYSE:DRI) - Review Fortune (NYSE:DRI)
reviewfortune.com - July 28 at 3:23 PM
forbes.com logoDarden Restaurants Enters Oversold Territory - Forbes (NYSE:DRI)
www.forbes.com - July 28 at 3:23 PM
equities.com logoDarden Restaurants Inc. (DRI) Falls 3.83% for July 26 (NYSE:DRI)
www.equities.com - July 27 at 10:22 PM
forbes.com logoDarden Restaurants Enters Oversold Territory (NYSE:DRI)
www.forbes.com - July 27 at 10:22 PM
streetupdates.com logoCurrent Analysts Rating Update: Sirius XM Holdings Inc. (NASDAQ:SIRI) , Darden Restaurants, Inc. (NYSE:DRI) - Street Updates (NYSE:DRI)
www.streetupdates.com - July 27 at 4:48 PM
thestreet.com logoPanera Bread Might Mark the Beginning of the Restaurant Recession (NYSE:DRI)
www.thestreet.com - July 27 at 10:25 AM
equities.com logoDarden Restaurants Inc. (DRI) Falls 3.83% for July 26 - Equities.com (NYSE:DRI)
www.equities.com - July 26 at 10:48 PM
News IconRecession coming, and it could be 'worst ever' for restaurant stocks (NYSE:DRI)
eresearch.fidelity.com - July 26 at 4:42 PM
benzinga.com logoNo Soup For You! Stifel Knocks Darden To Sell (NYSE:DRI)
www.benzinga.com - July 26 at 4:42 PM
blogs.barrons.com logoYes, Chipotle Mexican Grill Could Lose Half Its Value (NYSE:DRI)
blogs.barrons.com - July 26 at 3:49 PM
nasdaq.com logoDarden Restaurants Breaks Above 200-Day Moving Average - Bullish for DRI (NYSE:DRI)
www.nasdaq.com - July 25 at 10:13 PM
finance.yahoo.com logoSilicon Valley's legendary investors are stuck in the past (NYSE:DRI)
finance.yahoo.com - July 25 at 6:45 PM
biz.yahoo.com logoDARDEN RESTAURANTS INC Files SEC form 10-K, Annual Report (NYSE:DRI)
biz.yahoo.com - July 25 at 5:19 PM
nasdaq.com logoDarden Restaurants Breaks Above 200-Day Moving Average - Bullish for DRI - Nasdaq (NYSE:DRI)
www.nasdaq.com - July 25 at 4:42 PM
capitalcube.com logoETF’s with exposure to Darden Restaurants, Inc. : July 25, 2016 (NYSE:DRI)
www.capitalcube.com - July 25 at 1:25 PM
News IconInsider Trading and Share Price Activity: Darden Restaurants, Inc. (NYSE:DRI) - Post Registrar (NYSE:DRI)
postregistrar.com - July 24 at 9:12 AM
News IconFriday Session Wrap-up for Darden Restaurants, Inc. (NYSE:DRI) - Engelwood Daily (NYSE:DRI)
www.engelwooddaily.com - July 22 at 4:35 PM
fortune.com logoStocks With Notable Analysts Assessments: Darden Restaurants, Inc. (NYSE:DRI), Comerica Incorporated (NYSE:CMA) - Review Fortune (NYSE:DRI)
reviewfortune.com - July 22 at 4:35 PM
capitalcube.com logoDarden Restaurants, Inc. :DRI-US: Earnings Analysis: Q4, 2016 By the Numbers : July 22, 2016 (NYSE:DRI)
www.capitalcube.com - July 22 at 11:01 AM
capitalcube.com logoDarden Restaurants, Inc. :DRI-US: Earnings Analysis: 2016 By the Numbers : July 22, 2016 (NYSE:DRI)
www.capitalcube.com - July 22 at 9:05 AM
News IconHigh Expectations Remain For Darden Restaurants, Inc. (NYSE:DRI) - TGP (NYSE:DRI)
telanaganapress.com - July 21 at 4:48 PM
News IconShort Information Review for: Darden Restaurants, Inc. (NYSE:DRI) - Engelwood Daily (NYSE:DRI)
www.engelwooddaily.com - July 21 at 8:10 AM
News IconEye Catching Stock for investors: Darden Restaurants, Inc. (NYSE:DRI) - News Oracle (NYSE:DRI)
www.newsoracle.com - July 21 at 8:10 AM
News IconStock Strength in Focus for Darden Restaurants, Inc. (NYSE:DRI) - Press Telegraph (NYSE:DRI)
presstelegraph.com - July 20 at 8:35 AM
fiscalstandard.com logoDarden Restaurants, Inc. (NYSE:DRI) Current Analyst Ratings - Fiscal Standard (NYSE:DRI)
www.fiscalstandard.com - July 20 at 8:35 AM


Darden Restaurants (NYSE:DRI) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by MarketBeat.com Staff