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: $75.46
  • 50 Day Moving Average: $73.83
  • 200 Day Moving Average: $68.57
  • 52-Week Range: $124,165,000.00 - $59.50
  • Trailing P/E Ratio: 22.10
  • Foreward P/E Ratio: 17.47
  • P/E Growth: 1.49
  • Market Cap: $9.37B
  • Outstanding Shares: 124,165,000
  • Beta: 0.28
Profitability:
  • Net Margins: 6.22%
  • Return on Equity: 25.92%
  • Return on Assets: 10.89%
Debt:
  • Debt-to-Equity Ratio: 0.24%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.43%
Additional Links:
Companies Related to Darden Restaurants:

Analyst Ratings

Consensus Ratings for Darden Restaurants (NYSE:DRI) (?)
Ratings Breakdown: 2 Sell Ratings, 14 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $74.14 (1.75% downside)

Analysts' Ratings History for Darden Restaurants (NYSE:DRI)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017KeyCorpReiterated RatingOverweight -> Buy$80.00View Rating Details
1/12/2017Canaccord GenuityReiterated RatingBuy$84.00View Rating Details
1/6/2017RBC Capital MarketsReiterated RatingHold$80.00View Rating Details
1/5/2017ArgusUpgradeHold -> Buy$88.00View Rating Details
12/23/2016Wells Fargo & CoReiterated RatingMarket Perform$70.00 -> $72.00View Rating Details
12/23/2016Maxim GroupReiterated RatingHoldView Rating Details
12/22/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$70.00 -> $85.00View Rating Details
12/21/2016StephensReiterated RatingEqual Weight$66.00 -> $75.00View Rating Details
12/21/2016Jefferies Group LLCReiterated RatingHold$72.00View Rating Details
12/21/2016BTIG ResearchBoost Price TargetPositive$75.00 -> $85.00View Rating Details
12/16/2016Deutsche Bank AGDowngradeBuy -> Hold$76.00View Rating Details
12/7/2016Sanford C. BernsteinReiterated RatingMarket Perform$69.00View Rating Details
12/1/2016GuggenheimUpgradeNeutral -> BuyView Rating Details
11/29/2016Credit Suisse GroupDowngradeOutperform -> Neutral$73.93 -> $72.00View Rating Details
10/18/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformView Rating Details
10/5/2016SunTrust Banks, Inc.Lower Price TargetNeutral$70.00 -> $67.00View Rating Details
10/5/2016Bank of America CorpReiterated RatingSellView Rating Details
10/3/2016Stifel NicolausLower Price TargetSell$53.00 -> $50.00View Rating Details
9/27/2016Morgan StanleyReiterated RatingHold$67.00View Rating Details
9/8/2016Robert W. BairdReiterated RatingNeutralView Rating Details
9/1/2016BMO Capital MarketsReiterated RatingHold$64.00View Rating Details
8/25/2016Piper Jaffray CompaniesReiterated RatingOverweight$76.00View Rating Details
6/28/2016Royal Bank of CanadaReiterated RatingSector Perform$70.00View Rating Details
6/23/2016Tigress FinancialUpgradeNeutral -> BuyView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
4/16/2016Citigroup Inc.Boost Price TargetBuy$73.00 -> $75.00View Rating Details
4/6/2016Barclays PLCLower Price TargetOverweight$81.00 -> $80.00View Rating Details
7/1/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$74.00View 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
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Darden Restaurants (NYSE:DRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/3/2017        
12/20/2016Q217$0.64$0.64$1.65 billion$1.64 billionViewN/AView Earnings Details
10/4/2016Q117$0.82$0.88$1.71 billionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Darden Restaurants (NYSE:DRI)
Current Year EPS Consensus Estimate: $3.94 EPS
Next Year EPS Consensus Estimate: $4.32 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$0.82$0.88$0.86
Q2 20174$0.62$0.70$0.65
Q3 20174$1.25$1.27$1.26
Q4 20174$1.13$1.15$1.14
Q1 20183$0.92$0.94$0.93
Q2 20183$0.67$0.72$0.70
Q3 20182$1.40$1.44$1.42
Q4 20183$1.21$1.26$1.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Darden Restaurants (NYSE:DRI)
Annual Dividend:$2.24
Dividend Yield:2.97%
Dividend Growth:0.30% (3 Year Average)
Payout Ratio:65.50% (Based on Trailing 12 Months of Earnings)
56.85% (Based on Current Year Consensus EPS Estimate)
51.85% (Based on Next Year Consensus EPS Estimate)

Dividend History for Darden Restaurants (NYSE:DRI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/14/2016quarterly$0.562.96%1/6/20171/10/20172/1/2017
9/29/2016quarterly$0.563.65%10/5/201610/10/201611/1/2016
6/30/2016quarterly$0.563.56%7/7/20167/11/20168/1/2016
3/31/2016quarterly$0.502.98%4/7/20164/11/20165/2/2016
12/21/2015quarterly$0.503.14%1/6/20161/8/20162/1/2016
12/18/2015quarterly$0.501/8/20162/16/2016
9/17/2015quarterly$0.553.17%10/7/201510/9/201511/2/2015
6/18/2015quarterly$0.553.19%7/8/20157/10/20158/3/2015
3/20/2015quarterly$0.553.18%4/8/20154/10/20155/1/2015
12/16/2014quarterly$0.553.85%1/7/20151/9/20152/2/2015
9/12/2014quarterly$0.554.41%10/8/201410/10/201411/3/2014
6/20/2014quarterly$0.554.61%7/8/20147/10/20148/1/2014
3/21/2014quarterly$0.554/8/20144/10/20145/1/2014
3/21/2014quarterly$0.554.34%4/8/20144/10/20145/5/2014
12/19/2013quarterly$0.554.31%1/8/20141/10/20142/3/2014
9/20/2013quarterly$0.554.76%10/8/201310/10/201311/1/2013
6/21/2013quarterly$0.557/10/20138/1/2013
3/22/2013quarterly$0.503.97%4/8/20134/10/20135/1/2013
12/20/2012quarterly$0.504.43%1/8/20131/10/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Darden Restaurants (NYSE:DRI)
Insider Ownership Percentage: 0.69%
Institutional Ownership Percentage: 87.64%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/11/2016Danielle L KirganSVPSell8,780$62.47$548,486.60View SEC Filing  
10/10/2016Danielle L KirganSVPSell28,127$62.47$1,757,093.69View SEC Filing  
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)

Headlines

Latest Headlines for Darden Restaurants (NYSE:DRI)
DateHeadline
News IconCanada, Mexico Want All NAFTA Partners at Renegotiation Table (NYSE:DRI)
latribunadecanarias.com - February 25 at 9:31 PM
News IconIAEA Says Iran Not Exceeded Permitted Level of Heavy Water (NYSE:DRI)
latribunadecanarias.com - February 24 at 10:28 PM
News IconDarden Restaurants, Inc. (DRI) Given Buy Rating at the Deutsche Bank AG (NYSE:DRI)
prensariotiretail.com - February 24 at 10:28 PM
News IconShares of Darden Restaurants, Inc. (DRI) Sees Large Outflow of Money - Energy Index (NYSE:DRI)
www.energyindexwatch.com - February 24 at 11:49 AM
News IconWhat are Analysts Expecting for Darden Restaurants, Inc. (NYSE:DRI) Earnings? - Aiken Advocate (NYSE:DRI)
aikenadvocate.com - February 23 at 9:49 PM
News IconAverage Brokerage Rating Of The Hain Celestial Group, Inc. (HAIN), Darden Restaurants, Inc. (DRI) - The USA Commerce (NYSE:DRI)
theusacommerce.com - February 23 at 4:49 PM
News IconMarket View: Checking on the Technicals for Darden Restaurants, Inc. (NYSE:DRI) - Davidson Register (NYSE:DRI)
davidsonregister.com - February 22 at 10:06 PM
News IconAnalyst Observation On 2 Stocks: Darden Restaurants, Inc. (DRI), Extra Space Storage Inc. (EXR) - Post Analyst (NYSE:DRI)
postanalyst.com - February 22 at 10:06 PM
News IconTraders Secrets on Darden Restaurants, Inc. (DRI), Jagged Peak Energy Inc. (JAG) - StockNewsJournal (NYSE:DRI)
www.stocknewsjournal.com - February 22 at 10:06 PM
News IconLarge Outflow of Money Witnessed in Extra Space Storage Inc (NYSE:DRI)
www.graffiotech.com - February 22 at 5:03 PM
News IconTicker Scope: Watching Shares of Darden Restaurants, Inc. (NYSE:DRI) - Baldwin Journal (NYSE:DRI)
baldwinjournal.com - February 22 at 6:17 AM
News IconStock Price of Darden Restaurants, Inc. (DRI) Increases 0.59 ... - Highland Mirror (NYSE:DRI)
www.highlandmirror.com - February 22 at 6:17 AM
wsj.com logo[$$] Starboard Takes 6.6% Stake in Tribune Media (NYSE:DRI)
www.wsj.com - February 22 at 6:17 AM
bizjournals.com logoMeet the woman who helped Red Lobster claw its way back to the top (NYSE:DRI)
www.bizjournals.com - February 20 at 4:26 PM
News IconDarden Restaurants, Inc. (NYSE:DRI) Stock Price Target Given At $73.357 - Transcript Daily (NYSE:DRI)
transcriptdaily.com - February 19 at 11:02 AM
News IconEquity Perception: Analyst's Indicator Review for DexCom, Inc. (DXCM), Darden Restaurants, Inc. (DRI) - The USA Commerce (NYSE:DRI)
www.theusacommerce.com - February 16 at 3:06 PM
istreetwire.com logoStocks on Trader's Radar: Sigma Designs, Inc. (SIGM), Darden Restaurants, Inc. (DRI), Acadia Healthcare Company ... - iStreetWire (NYSE:DRI)
istreetwire.com - February 16 at 3:06 PM
News IconBuy or Sell? What Analysts Recommends: TransUnion (TRU), Darden Restaurants, Inc. (DRI) - StockNewsJournal (NYSE:DRI)
stocknewsjournal.com - February 16 at 3:06 PM
News IconTrading Summary: Watching Shares of Darden Restaurants, Inc. (NYSE:DRI) - Baxter Review (NYSE:DRI)
baxternewsreview.com - February 14 at 5:42 PM
News IconRevenue Approximations Analysis: Darden Restaurants, Inc. (DRI), Healthcare Trust of America, Inc. (HTA) - StockNewsJournal (NYSE:DRI)
stocknewsjournal.com - February 14 at 5:42 PM
marketwatch.com logoOlive Garden, Taco Bell and Burger King want to help you celebrate Valentine’s Day (NYSE:DRI)
www.marketwatch.com - February 14 at 5:42 PM
News IconImpact Score Of Darden Restaurants, Inc. (NYSE:DRI) At 80 - Stock Observer (NYSE:DRI)
www.thestockobserver.com - February 11 at 4:51 PM
News IconForward Earnings Estimate of Darden Restaurants, Inc.(DRI) - Highland Mirror (NYSE:DRI)
www.highlandmirror.com - February 11 at 4:51 PM
investorplace.com logo3 Big Stock Charts for Thursday: Costco Wholesale Corporation (COST), Darden Restaurants, Inc. (DRI) and Agilent Technologies Inc (A) (NYSE:DRI)
investorplace.com - February 9 at 1:03 PM
marketnewsvideo.com logoPackaging Corp of America Larger Than S&P 500 Component Darden Restaurants (NYSE:DRI)
www.marketnewsvideo.com - February 7 at 5:58 PM
News IconDarden Restaurants, Inc. (NYSE:DRI) Consensus Price At $73.357 - Transcript Daily (NYSE:DRI)
transcriptdaily.com - February 4 at 9:58 PM
fool.com logoHere's Why Darden Restaurants, Inc. Gained 16% in 2016 - Motley Fool (NYSE:DRI)
www.fool.com - February 4 at 9:58 PM
fool.com logoHere's Why Darden Restaurants, Inc. Gained 16% in 2016 (NYSE:DRI)
www.fool.com - February 4 at 4:57 PM
fool.com logoHere's Why Darden Restaurants, Inc. Gained 16% in 2016 (NYSE:DRI)
www.fool.com - February 4 at 9:16 AM
News IconDarden Restaurants Inc Valuation – February 2017 $DRI (NYSE:DRI)
www.moderngraham.com - February 3 at 5:11 PM
News IconTale of the Tape: Technical Recap for Darden Restaurants Inc. (DRI) - Springdale Times (NYSE:DRI)
springdaletimes.com - February 1 at 5:18 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Darden Restaurants, Inc. - Highland Mirror (NYSE:DRI)
www.highlandmirror.com - February 1 at 5:18 PM
News IconDarden Restaurants, Inc. (NYSE:DRI) News Impact Score At 87 - Stock Observer (NYSE:DRI)
www.thestockobserver.com - February 1 at 5:18 PM
bizjournals.com logoDarden-owned land in play for IAAPA headquarters site (NYSE:DRI)
www.bizjournals.com - January 31 at 5:26 PM
marketnewsvideo.com logoIngredion Larger Than S&P 500 Component Darden Restaurants (NYSE:DRI)
www.marketnewsvideo.com - January 30 at 5:41 PM
News IconWhat are Research Firms Saying About Darden Restaurants, Inc. (NYSE:DRI)? - Aiken Advocate (NYSE:DRI)
aikenadvocate.com - January 30 at 11:34 AM
marketwatch.com logoChili’s menu may not be as well-suited to takeout as Olive Garden’s, analysts say (NYSE:DRI)
www.marketwatch.com - January 26 at 6:02 PM
News IconBob Evans Sells Restaurants Business to Concentrate on Packaged Foods (NYSE:DRI)
www.themiddlemarket.com - January 25 at 5:58 PM
News IconBullish Target Of Darden Restaurants, Inc. (NYSE:DRI) At $85 - Stock Observer (NYSE:DRI)
www.thestockobserver.com - January 24 at 5:26 PM
seekingalpha.com logoOlive Garden back with 'never ending' strategy - Seeking Alpha (NYSE:DRI)
seekingalpha.com - January 24 at 5:26 PM
thestreet.com logoAfter Three Year Battle with Sandell, Bob Evans Sells Restaurant Business (NYSE:DRI)
www.thestreet.com - January 24 at 5:26 PM
News IconOlive Garden Introduces Never-Ending Olive Garden Classics (NYSE:DRI)
www.financialbuzz.com - January 23 at 5:06 PM
finance.yahoo.com logoOlive Garden Takes 'Never Ending' To The Next Level With Never Ending Classics (NYSE:DRI)
finance.yahoo.com - January 23 at 5:06 PM
marketwatch.com logoOlive Garden 'Never Ending Classics' promotion starts Monday (NYSE:DRI)
www.marketwatch.com - January 23 at 5:06 PM
News IconTrading Watch: ADX and CCI Review for Darden Restaurants Inc. (DRI) - Springdale Times (NYSE:DRI)
springdaletimes.com - January 21 at 9:48 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Darden Restaurants, Inc. (NYSE:DRI) - Wall Street Beacon (NYSE:DRI)
wsbeacon.com - January 21 at 9:48 PM
capitalcube.com logoETFs with exposure to Darden Restaurants, Inc. : January 20, 2017 (NYSE:DRI)
www.capitalcube.com - January 20 at 6:01 PM
News IconWill The Needle Move For Darden Restaurants, Inc. (NYSE:DRI) Shares This Earnings Season? - Wall Street Beacon (NYSE:DRI)
wsbeacon.com - January 17 at 8:20 AM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Darden Restaurants, Inc. (NYSE:DRI) At $173.1 Millions - RealistInvestor.com (NYSE:DRI)
www.realistinvestor.com - January 14 at 4:52 PM
News IconStocks to Keep Your Eyes on: Darden Restaurants, Inc. (NYSE:DRI), Helix Energy Solutions Group, Inc. (NYSE:HLX) - The Newburgh Press (NYSE:DRI)
newburghpress.com - January 14 at 4:52 PM

Social

What is Darden Restaurants' stock symbol?

Darden Restaurants trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRI."

How often does Darden Restaurants pay dividends? What is the dividend yield for Darden Restaurants?

Darden Restaurants declared a quarterly dividend on Wednesday, December 14th. Investors of record on Tuesday, January 10th will be paid a dividend of $0.56 per share on Wednesday, February 1st. This represents a $2.24 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, January 6th.

Where is Darden Restaurants' stock going? Where will Darden Restaurants' stock price be in 2017?

27 brokerages have issued twelve-month price objectives for Darden Restaurants' stock. Their predictions range from $50.00 to $88.00. On average, they anticipate Darden Restaurants' stock price to reach $74.14 in the next year.

When will Darden Restaurants announce their earnings?

Darden Restaurants is scheduled to release their next quarterly earnings announcement on Monday, April, 3rd 2017.

What are analysts saying about Darden Restaurants stock?

Here are some recent quotes from research analysts about Darden Restaurants stock:

  • According to Zacks Investment Research, "Darden’s shares have outpaced the Zacks categorized Retail–Restaurants industry over the past year. Most of its brands have been witnessing growth over the past few quarters due to sales initiatives like simplifying kitchen systems, improving in-restaurant execution to enhance guest experience, menu innovation and technology-driven moves. The company’s Olive Garden Brand Renaissance plan–aimed to turn around its business–should continue reaping benefits. Also, the company’s efforts to check costs are commendable. Backed by these positives, Darden’s Q2 fiscal 2017 earnings beat the Zacks Consensus Estimate for the ninth consecutive quarter. Meanwhile, initiatives undertaken to attract guests at LongHorn and other units also bode well. Yet, rising labor costs and a non-franchised business model might dampen the company’s profits, while a soft consumer spending environment could keep comps under pressure." (2/21/2017)

  • Canaccord Genuity analysts commented, "We recently hosted an investor dinner with Darden Restaurants’ management team: Gene Lee (President & CEO), Rick Cardenas (CFO), David George (President of Olive Garden), Todd Burrowes (President of LongHorn Steakhouse) and Kevin Kalicak (IR). Following the meeting, we are increasingly confident in our BUY thesis. While the industry backdrop remains challenging given the slowdown in restaurant sales and labor inflation, we remain confident in DRI’s ability to drive continued market share gains via an improved guest experience, off-premise, menu innovation and Olive Garden remodels." (1/12/2017)

Who owns Darden Restaurants stock?

Darden Restaurants' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.55%), FMR LLC (2.57%), AQR Capital Management LLC (1.86%), Federated Investors Inc. PA (0.88%), Bessemer Group Inc. (0.88%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.77%). Company insiders that own Darden Restaurants stock include Alan N Stillman, C Bradford Richmond, Danielle L Kirgan, David C George, Eugene I Lee Jr, Eugene I Lee, Jr, James P Fogarty, Jeffrey C Smith, R Lothrop David and Valerie L Insignares.

Who sold Darden Restaurants stock? Who is selling Darden Restaurants stock?

Darden Restaurants' stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Numeric Investors LLC, Federated Investors Inc. PA, NN Investment Partners Holdings N.V., Folger Hill Asset Management LP, Aviva PLC, Willis Investment Counsel and AQR Capital Management LLC. Company insiders that have sold Darden Restaurants stock in the last year include Alan N Stillman, Danielle L Kirgan and Jeffrey C Smith.

Who bought Darden Restaurants stock? Who is buying Darden Restaurants stock?

Darden Restaurants' stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, State Street Corp, Guggenheim Capital LLC, Flinton Capital Management LLC, Tyers Asset Management LLC, Asset Management One Co. Ltd. and Martingale Asset Management L P. Company insiders that have bought Darden Restaurants stock in the last two years include Eugene I Lee Jr and James P Fogarty.

How do I buy Darden Restaurants stock?

Shares of Darden Restaurants can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Darden Restaurants stock cost?

One share of Darden Restaurants stock can currently be purchased for approximately $75.46.

Darden Restaurants (NYSE:DRI) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Darden Restaurants (NYSE:DRI)

Earnings History Chart

Earnings by Quarter for Darden Restaurants (NYSE:DRI)

Dividend History Chart

Dividend Payments by Quarter for Darden Restaurants (NYSE:DRI)

Last Updated on 2/26/2017 by MarketBeat.com Staff