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: $63.07
  • 50 Day Moving Average: $62.13
  • 200 Day Moving Average: $63.51
  • 52-Week Range: $123,080,000.00 - $53.38
  • Trailing P/E Ratio: 20.40
  • Foreward P/E Ratio: 14.70
  • P/E Growth: 1.13
  • Market Cap: $7.78B
  • Outstanding Shares: 123,080,000
  • Beta: 0.41
  • Net Margins: 5.73%
  • Return on Equity: 24.97%
  • Return on Assets: 10.26%
  • Debt-to-Equity Ratio: 0.24%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.40%
Additional Links:
Companies Related to Darden Restaurants:

Analyst Ratings

Consensus Ratings for Darden Restaurants (NYSE:DRI) (?)
Ratings Breakdown: 2 Sell Ratings, 12 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $69.94 (10.90% upside)

Analysts' Ratings History for Darden Restaurants (NYSE:DRI)
DateFirmActionRatingPrice TargetDetails
10/18/2016Raymond James Financial Inc.UpgradeUnderperform -> Market PerformView Rating Details
10/12/2016RBC Capital MarketsReiterated RatingSector Perform$70.00View Rating Details
10/7/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$70.00View Rating Details
10/5/2016SunTrust Banks Inc.Lower Price TargetNeutral$70.00 -> $67.00View Rating Details
10/5/2016Bank of America Corp.Reiterated RatingSellView Rating Details
10/5/2016Credit Suisse Group AGReiterated RatingBuy$69.00View Rating Details
10/3/2016Stifel NicolausLower Price TargetSell$53.00 -> $50.00View Rating Details
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
9/1/2016BMO 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
7/6/2016GuggenheimReiterated 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
4/6/2016Barclays PLCLower Price TargetOverweight$81.00 -> $80.00View Rating Details
12/30/2015ArgusReiterated RatingHoldView 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
3/23/2015Miller TabakReiterated RatingBuy$67.00 -> $75.00View Rating Details
3/23/2015Telsey Advisory GroupUpgradeMarket Perform -> Outperform$61.00 -> $77.00View Rating Details
(Data available from 10/24/2014 forward)


Earnings History for Darden Restaurants (NYSE:DRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Darden Restaurants (NYSE:DRI)
Current Year EPS Consensus Estimate: $3.92 EPS
Next Year EPS Consensus Estimate: $4.29 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$1.24$1.29$1.27
Q4 20174$1.10$1.15$1.13
Q1 20182$0.93$0.95$0.94
Q2 20181$0.77$0.77$0.77
Q3 20181$1.35$1.35$1.35
Q4 20182$1.22$1.22$1.22
(Data provided by Zacks Investment Research)


Current Dividend Information for Darden Restaurants (NYSE:DRI)
Annual Dividend:$2.24
Dividend Yield:3.55%
Dividend Growth:5.80% (3 Year Average)
Payout Ratio:72.03% (Based on Trailing 12 Months of Earnings)
57.14% (Based on Current Year Consensus EPS Estimate)
52.21% (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: 0.68%
Institutional Ownership Percentage: 94.45%
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)


Latest Headlines for Darden Restaurants (NYSE:DRI)
stocksdaily.net logoQuarterly Accrued Expenses For Darden Restaurants, Inc. (NYSE:DRI) At $111 Millions (NYSE:DRI)
www.stocksdaily.net - October 23 at 9:17 AM
stocksdaily.net logoQuarterly Accrued Expenses For Darden Restaurants, Inc. (NYSE:DRI) At $111 Millions - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - October 22 at 4:30 PM
News IconAnalysts Valuations For Two Stocks: Oceaneering International, Inc ... - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - October 22 at 8:53 AM
nasdaq.com logo3 Reasons Value Stock Investors Will Love Darden Restaurants (DRI) - Nasdaq (NYSE:DRI)
www.nasdaq.com - October 22 at 8:53 AM
nasdaq.com logo3 Reasons Value Stock Investors Will Love Darden Restaurants (DRI) (NYSE:DRI)
www.nasdaq.com - October 21 at 4:43 PM
fool.com logoMamma Mia! Olive Garden Is Cool Again? (NYSE:DRI)
www.fool.com - October 20 at 8:49 PM
News IconRetirement Systems of Alabama Sold shares of Darden Restaurants Inc. (DRI) - DailyQuint (NYSE:DRI)
dailyquint.com - October 18 at 9:40 AM
marketwatch.com logoSix solid dividend stocks unfairly punished by investors (NYSE:DRI)
www.marketwatch.com - October 18 at 9:40 AM
News IconFTB Advisors Inc. reaches $6152000 position of Darden Restaurants Inc. (DRI) - DailyQuint (NYSE:DRI)
dailyquint.com - October 17 at 9:39 AM
realistinvestor.com logoDarden Restaurants, Inc. (NYSE:DRI) Deferred Tax Assets At $163.3 - RealistInvestor.com (NYSE:DRI)
www.realistinvestor.com - October 16 at 9:20 AM
stocksdaily.net logoDarden Restaurants, Inc. (NYSE:DRI) Quarterly Accrued Expenses ... - Stocks Daily (NYSE:DRI)
www.stocksdaily.net - October 16 at 9:20 AM
News IconUpdate on Darden Restaurants, Inc. (NYSE:DRI) for the day (NYSE:DRI)
twincountynews.com - October 15 at 4:31 PM
News IconWhat is the Street Saying About Darden Restaurants, Inc. (NYSE:DRI)? - CSZ News (NYSE:DRI)
cincysportszone.com - October 15 at 9:31 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention Darden Restaurants, Inc. (NYSE:DRI), Kate Spade & Co (NYSE:KATE) - The Voice Registrar (NYSE:DRI)
voiceregistrar.com - October 14 at 7:28 AM
News IconInsider Filings: Darden Restaurants, Inc. (NYSE:DRI)’s SVP – CHRO Danielle Kirgan Unloaded 36,907 Shares of the Company (NYSE:DRI)
www.whatsonthorold.com - October 13 at 4:38 PM
News IconResearch Analysis of Darden Restaurants, Inc. (NYSE:DRI) - FactsReporter (NYSE:DRI)
factsreporter.com - October 12 at 9:59 PM
finance.yahoo.com logoDARDEN RESTAURANTS INC Financials (NYSE:DRI)
finance.yahoo.com - October 12 at 4:53 PM
News IconVolume Buzzers on Charts: First Data Corporation (NYSE:FDC ... - Street Wise Report (press release) (blog) (NYSE:DRI)
streetwisereport.com - October 12 at 9:32 AM
capitalcube.com logoDarden Restaurants, Inc. breached its 50 day moving average in a Bullish Manner : DRI-US : October 11, 2016 (NYSE:DRI)
www.capitalcube.com - October 11 at 4:49 PM
wsj.com logo[$$] Chicken of the Sea Owner Takes $575 Million Stake in Red Lobster (NYSE:DRI)
www.wsj.com - October 10 at 4:30 PM
News IconNew England Research Management buys $1314306 stake in Darden Restaurants (DRI) (NYSE:DRI)
diariocatolico.net - October 9 at 4:25 PM
istreetwire.com logo3 Stocks to Watch For: The Travelers Companies, Inc. (TRV), Darden Restaurants, Inc. (DRI), Raytheon Company (RTN) - iStreetWire (NYSE:DRI)
istreetwire.com - October 8 at 4:31 PM
News IconAnalysts Take: Darden Restaurants, Inc. (NYSE:DRI) Projected Earnings & Price Targets - CSZ News (NYSE:DRI)
cincysportszone.com - October 8 at 9:22 AM
nasdaq.com logoThe Signs Say Darden Restaurants, Inc. Stock Is About To Tank (DRI) - Nasdaq (NYSE:DRI)
www.nasdaq.com - October 8 at 9:22 AM
marketrealist.com logoWhat Do Analysts Recommend for Darden Restaurants? (NYSE:DRI)
marketrealist.com - October 7 at 4:36 PM
forbes.com logoDarden Restaurants Named Top Dividend Stock With Insider Buying and 3.68% Yield (DRI) (NYSE:DRI)
www.forbes.com - October 7 at 2:15 PM
marketrealist.com logoDarden Raises Its EPS Guidance for Fiscal 2017 (NYSE:DRI)
marketrealist.com - October 7 at 9:38 AM
investorplace.com logoThe Signs Say Darden Restaurants, Inc. Stock Is About To Tank (DRI) (NYSE:DRI)
investorplace.com - October 7 at 7:00 AM
feeds.benzinga.com logoYour Earnings Playbook For The Restaurant Sector (NYSE:DRI)
feeds.benzinga.com - October 6 at 2:30 PM
feeds.reuters.com logoBRIEF-Darden Restaurants files for shelf offering of debt securities - SEC filing (NYSE:DRI)
feeds.reuters.com - October 6 at 1:20 PM
nasdaq.com logoDarden (DRI) Now a Buy on Solid Results, Raised Guidance - Nasdaq (NYSE:DRI)
www.nasdaq.com - October 6 at 10:16 AM
benzinga.com logoDarden Restaurants Surrenders Gains Following Q1 Report - Benzinga (NYSE:DRI)
www.benzinga.com - October 6 at 10:16 AM
seekingalpha.com logoDarden Restaurants Isn't Quite There Yet - Seeking Alpha (NYSE:DRI)
seekingalpha.com - October 6 at 10:16 AM
marketrealist.com logoBetter Guest Satisfaction Drove Darden’s Same-Store Sales Growth (NYSE:DRI)
marketrealist.com - October 6 at 10:16 AM
finance.yahoo.com logoDarden (DRI) Now a Buy on Solid Results, Raised Guidance (NYSE:DRI)
finance.yahoo.com - October 6 at 10:16 AM
marketrealist.com logoHow Is Darden Restaurants Planning to Expand Its Business? (NYSE:DRI)
marketrealist.com - October 6 at 10:16 AM
News IconAnalysts Roundup at Gainers/Losers- Darden Restaurants, Inc. (NYSE:DRI), Nordstrom Inc. (NYSE:JWN) - Seneca Globe (NYSE:DRI)
www.senecaglobe.com - October 5 at 4:55 PM
News IconFrontline Active Stocks in Broker Choice: Darden Restaurants (NYSE:DRI), Akamai Technologies (NASDAQ:AKAM) - Street Wise Report (press release) (blog) (NYSE:DRI)
streetwisereport.com - October 5 at 4:55 PM
feeds.benzinga.com logoOlive Garden Dominates The Darden Story Post Earnings (NYSE:DRI)
feeds.benzinga.com - October 5 at 1:53 PM
marketwatch.com logoOlive Garden operator, Darden Restaurants, beats Q1 earnings, raises FY guidance - MarketWatch (NYSE:DRI)
www.marketwatch.com - October 5 at 9:52 AM
wallstrt24.com logoMomentum Stocks Apple Inc. (NASDAQ:AAPL), Darden Restaurants, Inc. (NYSE:DRI) - Wall Street 24 (NYSE:DRI)
wallstrt24.com - October 5 at 9:52 AM
News IconTop Services Stock Picking: MGM Resorts International (MGM), Darden Restaurants, Inc. (DRI) - The Independent Republic (NYSE:DRI)
theindependentrepublic.com - October 5 at 9:52 AM
News IconDarden Restaurants beats 1Q profit forecasts - Colorado Springs Gazette (NYSE:DRI)
gazette.com - October 5 at 9:52 AM
News IconDarden Restaurants, Inc. (NYSE:DRI) Quarterly EPS Review - Newburgh Press (NYSE:DRI)
newburghpress.com - October 5 at 9:52 AM
finance.yahoo.com logoEdited Transcript of DRI earnings conference call or presentation 4-Oct-16 12:30pm GMT (NYSE:DRI)
finance.yahoo.com - October 5 at 9:52 AM
wsj.com logo[$$] Olive Garden Pushes Darden’s Results Past Expectations (NYSE:DRI)
www.wsj.com - October 5 at 9:52 AM
News IconPost Earnings Coverage as Darden Net Earnings Soar 39 Percent (NYSE:DRI)
news.investornetwork.com - October 5 at 9:52 AM
marketwatch.com logoThe unlikely dish driving pasta sales at Olive Garden (Hint: not bread sticks) (NYSE:DRI)
www.marketwatch.com - October 5 at 9:52 AM
capitalcube.com logoDarden Restaurants, Inc. :DRI-US: Earnings Analysis: Q1, 2017 By the Numbers : October 5, 2016 (NYSE:DRI)
www.capitalcube.com - October 5 at 9:52 AM
News IconDarden outperforms casual-dining segment in 1Q - Nation's Restaurant News (NYSE:DRI)
nrn.com - October 5 at 9:27 AM


Darden Restaurants (NYSE:DRI) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by MarketBeat.com Staff