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: $60.63
  • 50 Day Moving Average: $62.10
  • 200 Day Moving Average: $64.04
  • 52-Week Range: $53.38 - $69.00
  • Trailing P/E Ratio: 20.92
  • Foreward P/E Ratio: 14.20
  • P/E Growth: 1.05
  • Market Cap: $7.65B
  • Outstanding Shares: 126,215,000
  • Beta: 0.52
  • Net Margins: 5.41%
  • Return on Equity: 21.95%
  • Return on Assets: 8.96%
  • Debt-to-Equity Ratio: 0.23%
  • Current Ratio: 0.69%
  • Quick Ratio: 0.54%
Additional Links:
Companies Related to Darden Restaurants:

Analyst Ratings

Consensus Ratings for Darden Restaurants (NYSE:DRI) (?)
Ratings Breakdown: 2 Sell Ratings, 10 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.39)
Consensus Price Target: $70.53 (16.33% upside)

Analysts' Ratings History for Darden Restaurants (NYSE:DRI)
DateFirmActionRatingPrice TargetDetails
9/28/2016Wells Fargo & Co.Reiterated RatingMarket Perform$68.00View Rating Details
9/27/2016Morgan StanleyReiterated RatingHold$67.00View Rating Details
9/8/2016Robert W. BairdReiterated RatingNeutralView Rating Details
9/7/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$70.00View Rating Details
9/1/2016BMO Capital MarketsReiterated RatingHold$64.00View Rating Details
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
7/6/2016GuggenheimReiterated RatingNeutralView Rating Details
7/5/2016Deutsche Bank AGReiterated RatingBuy$76.00View 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
6/23/2016Tigress 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
(Data available from 9/30/2014 forward)


Earnings History for Darden Restaurants (NYSE:DRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/4/2016Q117$0.82$1.72 billionN/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)


Earnings Estimates for Darden Restaurants (NYSE:DRI)
Current Year EPS Consensus Estimate: $3.87 EPS
Next Year EPS Consensus Estimate: $4.27 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$0.81$0.87$0.84
Q2 20174$0.57$0.68$0.62
Q3 20173$1.21$1.36$1.28
Q4 20173$1.10$1.14$1.12
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:3.69%
Dividend Growth:5.80% (3 Year Average)
Payout Ratio:76.98% (Based on Trailing 12 Months of Earnings)
57.88% (Based on Current Year Consensus EPS Estimate)
52.46% (Based on Next Year Consensus EPS Estimate)

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)
Insider Ownership Percentage: 0.69%
Institutional Ownership Percentage: 94.57%
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)
fool.com logoMore Food at Olive Garden and Carrabba's May Be a Problem (NYSE:DRI)
www.fool.com - September 29 at 6:19 PM
publicnow.com logoDarden Restaurants' Board Declares Regular Quarterly Dividend (NYSE:DRI)
www.publicnow.com - September 29 at 4:40 PM
biz.yahoo.com logoDARDEN RESTAURANTS INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:DRI)
biz.yahoo.com - September 29 at 9:39 AM
finance.yahoo.com logoThe Best Options Trade for Darden Restaurants (DRI) Earnings (NYSE:DRI)
finance.yahoo.com - September 29 at 9:39 AM
bloomberg.com logoRed Lobster Goes Overseas in Search of Comeback Under New Owner (NYSE:DRI)
www.bloomberg.com - September 29 at 9:39 AM
marketrealist.com logoHow Does Darden Plan to Expand Its Business? (NYSE:DRI)
marketrealist.com - September 29 at 9:39 AM
feeds.reuters.com logoBRIEF-Darden Restaurants says Jean Birch resigned as a member of board of directors (NYSE:DRI)
feeds.reuters.com - September 28 at 5:30 PM
forbes.com logoNoteworthy Wednesday Option Activity: THC, SLB, DRI (NYSE:DRI)
www.forbes.com - September 28 at 4:31 PM
marketrealist.com logoCan Darden’s Fiscal 1Q17 Stem the Fall of Its Share Price? (NYSE:DRI)
marketrealist.com - September 28 at 4:31 PM
thestreet.com logoCan These 10 Dividend Stocks Survive Another Recession? (NYSE:DRI)
www.thestreet.com - September 28 at 4:31 PM
marketrealist.com logoWhat’s Expected of Darden’s Revenue in Fiscal 1Q17? (NYSE:DRI)
marketrealist.com - September 28 at 4:31 PM
marketrealist.com logoWhy Analysts Expect DRI to Post Positive Same-Store Sales Growth (NYSE:DRI)
marketrealist.com - September 28 at 4:31 PM
barrons.com logoToday's Top 5 Stock Picks: Pfizer, Apple, GE, More (NYSE:DRI)
www.barrons.com - September 28 at 9:33 AM
feeds.benzinga.com logoOlive Garden Gaining Market Share, A Bright Spot For Darden Restaurants (NYSE:DRI)
feeds.benzinga.com - September 27 at 4:47 PM
marketnewsvideo.com logoDarden Restaurants Becomes #57 Most Shorted S&P 500 Component, Replacing Fortune Brands Home & Security (NYSE:DRI)
www.marketnewsvideo.com - September 27 at 4:40 PM
investopedia.com logoDarden Vulnerable to Sector Headwinds (DRI) (NYSE:DRI)
www.investopedia.com - September 27 at 4:40 PM
bizjournals.com logo2 new restaurants coming to Crabtree Valley Mall (NYSE:DRI)
www.bizjournals.com - September 27 at 4:40 PM
capitalcube.com logoDarden Restaurants, Inc. breached its 50 day moving average in a Bullish Manner : DRI-US : September 26, 2016 (NYSE:DRI)
www.capitalcube.com - September 26 at 9:24 AM
stocksdaily.net logoDarden Restaurants, Inc. (NYSE:DRI) Makes Public Its Dividend Alert Of $0.56 (NYSE:DRI)
www.stocksdaily.net - September 22 at 4:47 PM
News IconAnalysts Valuations For Two Stocks: Lexington Realty Trust (NYSE:LXP), Darden Restaurants, Inc. (NYSE:DRI)f - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - September 20 at 8:25 AM
thestreet.com logoDarden Restaurants (DRI) Stock May See Boost from Olive Garden Pasta Pass (NYSE:DRI)
www.thestreet.com - September 19 at 3:33 PM
finance.yahoo.com logoOlive Garden's unlimited pasta pass could hurt the chain (NYSE:DRI)
finance.yahoo.com - September 16 at 4:33 PM
capitalcube.com logoDarden Restaurants, Inc. – Value Analysis (NYSE:DRI) : September 16, 2016 (NYSE:DRI)
www.capitalcube.com - September 16 at 4:33 PM
marketwatch.com logoOlive Garden’s ‘pasta passes’ selling on eBay for as much as $4,500 (NYSE:DRI)
www.marketwatch.com - September 16 at 4:33 PM
capitalcube.com logoDarden Restaurants, Inc. breached its 50 day moving average in a Bearish Manner : DRI-US : September 15, 2016 (NYSE:DRI)
www.capitalcube.com - September 16 at 8:23 AM
cnbc.com logoWhy Olive Garden's unlimited pasta pass is like throwing spaghetti at a wall (NYSE:DRI)
www.cnbc.com - September 16 at 8:23 AM
seekingalpha.com logoDarden Restaurants Expects Continued Growth - Seeking Alpha (NYSE:DRI)
seekingalpha.com - September 14 at 4:46 PM
marketnewsvideo.com logoThe New #64 Most Shorted S&P 500 Component: Darden Restaurants (NYSE:DRI)
www.marketnewsvideo.com - September 14 at 8:51 AM
seekingalpha.com logoDarden Restaurants Expects Continued Growth (NYSE:DRI)
seekingalpha.com - September 14 at 8:51 AM
fool.com logo3 Reasons Olive Garden's Never Ending Pasta Pass Is a Mistake (NYSE:DRI)
www.fool.com - September 14 at 8:51 AM
cnbc.com logoPeople are choosing a brown bag lunch over steep restaurant prices (NYSE:DRI)
www.cnbc.com - September 14 at 8:51 AM
fool.com logo3 Reasons Why Olive Garden's Never Ending Pasta Pass is a Mistake (NYSE:DRI)
www.fool.com - September 13 at 12:39 PM
seekingalpha.com logoDRI Expected Continued Growth (NYSE:DRI)
seekingalpha.com - September 13 at 9:34 AM
finance.yahoo.com logoOlive Garden To Sell An Unprecedented 21,000 Never Ending Pasta Passes (NYSE:DRI)
finance.yahoo.com - September 13 at 9:34 AM
cnbc.com logoOlive Garden's pasta passes are back and you're more likely to snag one (NYSE:DRI)
www.cnbc.com - September 12 at 4:31 PM
publicnow.com logoDarden Restaurants To Host Fiscal 2017 First Quarter Earnings Conference Call On October 4, 2016 (NYSE:DRI)
www.publicnow.com - September 12 at 4:31 PM
News IconDarden Restaurants, Inc. (NYSE:DRI) From The Analysts Point of View - National Daily Press (NYSE:DRI)
www.nationaldailypress.com - September 10 at 4:26 PM
stocksdaily.net logoDarden Restaurants, Inc. (NYSE:DRI) CFF Stands At $-1120.8 Millions - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - September 10 at 4:26 PM
News IconDarden Restaurants, Inc. (NYSE:DRI) From The Analysts Point of View (NYSE:DRI)
www.nationaldailypress.com - September 9 at 9:31 AM
barrons.com logo[$$] 4 Dividend Stocks With Low Prices, Good Growth (NYSE:DRI)
www.barrons.com - September 9 at 9:31 AM
News IconDarden Restaurants, Inc. (NYSE:DRI): What is the Sell-side Making of this Stock? - Post News (NYSE:DRI)
www.kentuckypostnews.com - September 8 at 8:31 AM
forbes.com logoShould You Follow Ackman Into Chipotle? (NYSE:DRI)
www.forbes.com - September 8 at 8:31 AM
News IconShares Higher Over the Last Five Trading Sessions: Darden Restaurants, Inc. (NYSE:DRI) - Post News (NYSE:DRI)
www.kentuckypostnews.com - September 6 at 9:32 AM
istreetwire.com logoWorth Watching Stocks: Darden Restaurants, Inc. (DRI), xG Technology, Inc. (XGTI), CommScope Holding Company ... - iStreetWire (NYSE:DRI)
istreetwire.com - September 6 at 9:32 AM
capitalcube.com logoDarden Restaurants, Inc. breached its 50 day moving average in a Bullish Manner : DRI-US : September 5, 2016 (NYSE:DRI)
www.capitalcube.com - September 5 at 9:17 AM
istreetwire.com logoStocks in the Spotlight: Voya Financial, Inc. (VOYA), Darden Restaurants, Inc. (DRI), International Business ... - iStreetWire (NYSE:DRI)
istreetwire.com - September 1 at 8:32 AM
News IconDarden Restaurants, Inc. (NYSE:DRI) To Report August 2016 Results - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - September 1 at 8:32 AM
schaeffersresearch.com logoAre These 3 Stocks a Slam Dunk in September? (NYSE:DRI)
www.schaeffersresearch.com - August 31 at 4:38 PM
News IconAnalysts Valuations For Two Stocks: Darden Restaurants, Inc. (NYSE:DRI), Diebold Inc (NYSE:DBD) - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - August 31 at 4:38 PM
nasdaq.com logoAgree To Purchase Darden Restaurants At $55, Earn 5.9% Annualized Using Options - Nasdaq (NYSE:DRI)
www.nasdaq.com - August 28 at 9:13 AM


Darden Restaurants (NYSE:DRI) Chart for Friday, September, 30, 2016

Last Updated on 9/30/2016 by MarketBeat.com Staff