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Darden Restaurants (DRI) Stock Price, News & Analysis

-4.47 (-3.03%)
(As of 07/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
1.68 million shs
Average Volume
1.32 million shs
Market Capitalization
$17.05 billion
P/E Ratio
Dividend Yield
Price Target

Darden Restaurants MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
20.3% Upside
$171.95 Price Target
Short Interest
4.43% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.73mentions of Darden Restaurants in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$734,998 Sold Last Quarter
Proj. Earnings Growth
From $9.47 to $10.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Retail/Wholesale Sector

9th out of 190 stocks

Eating Places Industry

4th out of 38 stocks

DRI stock logo

About Darden Restaurants Stock (NYSE:DRI)

Darden Restaurants, Inc. is a prominent American multi-brand restaurant operator headquartered in Orlando, Florida. With a diverse portfolio of fine dining and casual dining restaurant chains, Darden has established itself as the world's largest full-service restaurant company. The company operates a range of well-known brands, including Ruth's Chris Steak House, Eddie V's, The Capital Grille, Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House, and Cheddar's Scratch Kitchen. Darden is committed to providing exceptional dining experiences and warm hospitality to its customers across various restaurant industry segments.

Darden Restaurants' mission is to create memorable experiences by delighting guests with outstanding food, service, and hospitality. The company aims to be the leading full-service restaurant company in the world, driven by a passion for excellence and a dedication to its employees, guests, and communities.

The company's restaurant brands offer a wide range of culinary options, from upscale dining experiences to casual, family-friendly atmospheres. Ruth's Chris Steak House, Eddie V's, and The Capital Grille cater to discerning diners seeking exceptional fine dining experiences. Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House, and Cheddar's Scratch Kitchen provide casual dining options with diverse menus and inviting atmospheres.

Darden Restaurants targets a broad market to serve customers across different demographic segments and dining preferences. Its brands cater to a wide range of customers, including families, couples, business professionals, and individuals looking for quality dining experiences.

Darden Restaurants boasts a talented and experienced leadership team that drives the company's success. Led by Chief Executive Officer and President Ricardo Cardenas, the management team brings a wealth of expertise and industry knowledge to the table. Ricardo Cardenas has a proven track record in the restaurant industry and oversees the company's strategic direction and overall performance.

Darden Restaurants has consistently delivered strong financial performance, showcasing its ability to navigate the competitive landscape of the restaurant industry. When analyzing the company's financials, it is important to consider long-term trends and broader industry benchmarks.

Over the past few years, Darden Restaurants has reported impressive revenue growth. This upward trend reflects the popularity and customer loyalty enjoyed by Darden's restaurant brands. Earnings metrics also demonstrate the company's solid financial performance. Darden's earnings metrics indicate favorable market sentiment and future growth expectations.

Profit margin metrics reveal Darden's ability to generate strong returns. The company has maintained a net profit margin of around 9%, showcasing its operational efficiency and effective cost management. Darden Restaurants maintains a healthy debt-to-equity ratio indicating a balanced approach to capital structure. This prudent debt management strategy contributes to the company's financial stability and resilience.

Darden Restaurants has enjoyed favorable stock performance recently, driven by its strong financial results and market positioning. While stock prices can fluctuate in response to market conditions and investor sentiment, Darden has demonstrated resilience and the ability to deliver shareholder value.

Darden Restaurants operates in the broader eating places industry, encompassing a wide range of dining establishments. The industry is highly competitive, with numerous players vying for market share and consumer attention. However, Darden has carved out a distinctive position through its diverse brand portfolio and commitment to culinary excellence.

Darden's competitive advantages lie in its well-established restaurant brands, each catering to different customer segments and culinary preferences. The company's scale and industry expertise enables it to leverage economies of scale, drive operational efficiencies and maintain strong relationships with suppliers and partners.

Darden Restaurants has several growth opportunities at its disposal. The company can leverage its existing brand portfolio to expand into new markets and capitalize on emerging consumer trends. Additionally, Darden can pursue strategic acquisitions or partnerships to enhance its offerings and reach new customer segments.

As consumer preferences evolve, Darden can focus on culinary innovation, menu diversification, and providing exceptional guest experiences. By continuously adapting to changing market dynamics and consumer demands, Darden can secure its position as a leader in the multi-brand restaurant industry.

While Darden Restaurants has a strong market position, it faces certain risks and challenges inherent to the industry. The restaurant business is susceptible to economic downturns, shifts in consumer preferences, and labor market dynamics. Additionally, increasing food costs, regulatory changes, and competitive pressures can impact the company's profitability.

However, Darden has demonstrated effective risk management strategies to mitigate these challenges. The company's strong financial position, operational expertise, and focus on guest satisfaction provide a solid foundation for navigating potential headwinds and maintaining long-term success.

DRI Stock Price History

DRI Stock News Headlines

Latrice Walker and Christina Rivera make fresh tortillas on opening day at Chuy's in Jacksonville, …
Darden Restaurants buys Tex-Mex chain Chuy's for $605 million
The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains says it's buying the Tex-Mex chain Chuy’s as it seeks to expand its dining options
Darden Restaurants logo on smartphone with stock market background
Darden Stock Up After Q4 Earnings Beat, Cautious FY25 Outlook
Darden Restaurants, Inc. NYSE: DRI is a dominant player in the full-service dining sector. Darden operates a diverse portfolio of restaurant brands familiar to many Americans.
AI’s Biggest Problem
Nvidia's been quietly pivoting to another, potentially lucrative business. Nvidia's own CEO, Jensen Huang, believes Big Tech is going to spend over $1 trillion on this part of the business over the next four years.
Darden Restaurants logo on smartphone with stock market background
Darden Stock Up After Q4 Earnings Beat, Cautious FY25 Outlook
Darden Restaurants posts mixed Q4 results, but strong brand performance and cost management underpin a cautiously optimistic FY25 outlook.
Why Is Chuy’s (CHUY) Stock Up 47% Today?
AI’s Biggest Problem
Nvidia's been quietly pivoting to another, potentially lucrative business. Nvidia's own CEO, Jensen Huang, believes Big Tech is going to spend over $1 trillion on this part of the business over the next four years.
7 Dividend Stocks That Just Raised Their Payouts: July 2024
See More Headlines
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Company Calendar

Ex-Dividend for 5/1 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 8/15 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Eating places
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
22 Analysts


Net Income
$1.03 billion
Pretax Margin


Sales & Book Value

Annual Sales
$11.39 billion
Cash Flow
$12.62 per share
Book Value
$18.79 per share


Free Float
Market Cap
$17.05 billion

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Should I Buy Darden Restaurants Stock? DRI Pros and Cons Explained


Here are some ways that investors could benefit from investing in Darden Restaurants, Inc.:

  • Darden Restaurants has a consistent track record of increasing revenue year-over-year, indicating a stable and growing business.
  • The company has a strong return on equity of 49.94%, showcasing efficient use of shareholder funds to generate profits.
  • Recent insider activity shows confidence in the company's future with significant stock purchases by key executives.
  • Darden Restaurants has a dividend yield of 3.34%, providing investors with a steady income stream.
  • The stock repurchase program signals that the company believes its shares are undervalued, potentially leading to future price appreciation.


Investors should be bearish about investing in Darden Restaurants, Inc. for these reasons:

  • The company recently missed earnings per share (EPS) estimates, indicating potential challenges in meeting financial expectations.
  • Darden Restaurants' revenue for the quarter was below consensus estimates, suggesting possible growth constraints.
  • There has been significant insider selling of company stock, which could be perceived as a lack of confidence in future performance.
  • The dividend payout ratio of 61.43% raises concerns about the sustainability of the current dividend payments.
  • Analysts have revised down EPS estimates for the current fiscal year, pointing to potential challenges ahead.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Darden Restaurants pros and cons to

DRI Stock Analysis - Frequently Asked Questions

How have DRI shares performed this year?

Darden Restaurants' stock was trading at $164.30 at the start of the year. Since then, DRI stock has decreased by 13.0% and is now trading at $142.88.
View the best growth stocks for 2024 here

How were Darden Restaurants' earnings last quarter?

Darden Restaurants, Inc. (NYSE:DRI) released its quarterly earnings data on Thursday, June, 20th. The restaurant operator reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.04. Darden Restaurants's revenue was up 8.3% compared to the same quarter last year.
Read the conference call transcript

How will Darden Restaurants' stock buyback program work?

Darden Restaurants' Board of Directors approved a stock buyback program on Thursday, March 21st 2024, which permits the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

What is Gene Lee's approval rating as Darden Restaurants' CEO?

333 employees have rated Darden Restaurants Chief Executive Officer Gene Lee on Gene Lee has an approval rating of 88% among the company's employees.

Does Darden Restaurants have any subsidiaries?

The following companies are subsidiaries of Darden Restaurants: Cheddar's Scratch Kitchen, Yard House, Rare Hospitality Management, Bahama Breeze Holdings, Capital Grille Holdings, Cheddar’s Casual Café, Cheddar's Restaurant Holding Corp., and more.

Who are Darden Restaurants' major shareholders?

Darden Restaurants' top institutional shareholders include Swedbank AB (0.07%), Envestnet Portfolio Solutions Inc. (0.04%), First Financial Bank Trust Division (0.03%) and QV Investors Inc. (0.03%). Insiders that own company stock include Eugene I Lee, Jr, Ricardo Cardenas, Todd Burrowes, Timothy J Wilmott, Richard L Renninger, Matthew R Broad, Melvin John Martin, Daniel J Kiernan, Susan M Connelly, John W Madonna, William S Simon, Rajesh Vennam, Douglas J Milanes, Sarah H King, Nana Mensah, Juliana L Chugg and M Shan Atkins.
View institutional ownership trends

How do I buy shares of Darden Restaurants?

Shares of DRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Darden Restaurants own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Darden Restaurants investors own include NVIDIA (NVDA), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ) and Micron Technology (MU).

This page (NYSE:DRI) was last updated on 7/19/2024 by Staff

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