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S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
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NYSE:DRI

Darden Restaurants Stock Forecast, Price & News

$120.00
-1.98 (-1.62 %)
(As of 01/25/2021 12:00 AM ET)
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Today's Range
$118.83
Now: $120.00
$122.26
50-Day Range
$116.24
MA: $120.35
$127.33
52-Week Range
$26.15
Now: $120.00
$128.44
Volume2.70 million shs
Average Volume1.35 million shs
Market Capitalization$15.64 billion
P/E RatioN/A
Dividend Yield1.21%
Beta1.48
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 31, 2020, it owned and operated approximately 1,804 restaurants, which included 868 under the Olive Garden, 522 under the LongHorn Steakhouse, 165 under the Cheddar's Scratch Kitchen, 81 under the Yard House, 60 under The Capital Grille, 44 under the Seasons 52, 41 under the Bahama Breeze, and 23 under the Eddie V's Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.
Darden Restaurants logo

MarketRank

Overall MarketRank

2.03 out of 5 stars

Retail/Wholesale Sector

22nd out of 383 stocks

Eating Places Industry

4th out of 66 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
CUSIP23719410
Phone407-245-4000
Employees177,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.81 billion
Cash Flow$5.51 per share
Book Value$18.84 per share

Profitability

Net Income$-52,400,000.00

Miscellaneous

Market Cap$15.64 billion
Next Earnings Date3/18/2021 (Estimated)
OptionableOptionable
$120.00
-1.98 (-1.62 %)
(As of 01/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Darden Restaurants (NYSE:DRI) Frequently Asked Questions

How has Darden Restaurants' stock been impacted by COVID-19?

Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DRI shares have increased by 70.9% and is now trading at $120.00.
View which stocks have been most impacted by COVID-19
.

Is Darden Restaurants a buy right now?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last twelve months. There are currently 10 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Darden Restaurants stock.
View analyst ratings for Darden Restaurants
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Darden Restaurants?

Wall Street analysts have given Darden Restaurants a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Darden Restaurants wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

333 employees have rated Darden Restaurants CEO Gene Lee on Glassdoor.com. Gene Lee has an approval rating of 88% among Darden Restaurants' employees.

When is Darden Restaurants' next earnings date?

Darden Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, March 18th 2021.
View our earnings forecast for Darden Restaurants
.

How were Darden Restaurants' earnings last quarter?

Darden Restaurants, Inc. (NYSE:DRI) issued its quarterly earnings results on Thursday, December, 17th. The restaurant operator reported $0.74 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.03. The restaurant operator had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.69 billion. Darden Restaurants had a positive trailing twelve-month return on equity of 10.47% and a negative net margin of 1.70%. The business's revenue for the quarter was down 19.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.12 earnings per share.
View Darden Restaurants' earnings history
.

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

Darden Restaurants announced a quarterly dividend on Friday, December 18th. Shareholders of record on Friday, January 8th will be paid a dividend of $0.37 per share on Monday, February 1st. This represents a $1.48 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, January 7th. This is an increase from Darden Restaurants's previous quarterly dividend of $0.30.
View Darden Restaurants' dividend history
.

Is Darden Restaurants a good dividend stock?

Darden Restaurants pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.21%. The dividend payout ratio of Darden Restaurants is 47.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Darden Restaurants will have a dividend payout ratio of 23.02% next year. This indicates that Darden Restaurants will be able to sustain or increase its dividend.
View Darden Restaurants' dividend history.

What guidance has Darden Restaurants issued on next quarter's earnings?

Darden Restaurants issued an update on its third quarter earnings guidance on Friday, December, 18th. The company provided EPS guidance of $0.50-0.75 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of 65-70% of Q3 LY to ~$1.53-1.64 billion, compared to the consensus revenue estimate of $2.01 billion.

What price target have analysts set for DRI?

30 analysts have issued 12-month price targets for Darden Restaurants' stock. Their forecasts range from $58.00 to $140.00. On average, they anticipate Darden Restaurants' stock price to reach $113.53 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts' price targets for Darden Restaurants
or view Wall Street analyst' top-rated stocks.

Are investors shorting Darden Restaurants?

Darden Restaurants saw a increase in short interest in December. As of December 31st, there was short interest totaling 5,160,000 shares, an increase of 18.1% from the December 15th total of 4,370,000 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is currently 2.6 days.
View Darden Restaurants' Short Interest
.

Who are some of Darden Restaurants' key competitors?

What other stocks do shareholders of Darden Restaurants own?

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

Who are Darden Restaurants' key executives?

Darden Restaurants' management team includes the following people:
  • Mr. Eugene I. Lee Jr., Pres, CEO & Director (Age 58, Pay $3.51M)
  • Mr. Ricardo Cardenas, Sr. VP & CFO (Age 52, Pay $1.65M)
  • Mr. Todd A. Burrowes, Pres of Longhorn Steakhouse (Age 57, Pay $1.68M)
  • Mr. Daniel J. Kiernan, Pres of Olive Garden (Age 59, Pay $1.23M)
  • Kyle Holmes, Managing Partner
  • Mr. Jon Norem, Managing Partner
  • Mr. John Rucker, Managing Partner
  • Mr. Christopher Chang, Sr. VP & Chief Information Officer
  • Mr. Kevin Kalicak, VP of Investor Relations & Corp. Analysis
  • Mr. Matthew R. Broad, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 60)

What is Darden Restaurants' stock symbol?

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

Who are Darden Restaurants' major shareholders?

Darden Restaurants' stock is owned by a number of retail and institutional investors. Top institutional investors include Strs Ohio (0.18%), Scout Investments Inc. (0.16%), New York State Teachers Retirement System (0.13%), Thompson Investment Management Inc. (0.03%), State of Alaska Department of Revenue (0.02%) and Fulton Bank N.A. (0.02%). Company insiders that own Darden Restaurants stock include Charles M Sonsteby, Daniel J Kiernan, David C George, Douglas J Milanes, Eugene I Lee Jr, John W Madonna, M Shan Atkins, Matthew R Broad, Melvin John Martin, Nana Mensah, Ricardo Cardenas, Todd Burrowes and William S Simon.
View institutional ownership trends for Darden Restaurants
.

Which major investors are selling Darden Restaurants stock?

DRI stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Thompson Investment Management Inc., First Citizens Bank & Trust Co., Avantax Advisory Services Inc., CX Institutional, New York State Teachers Retirement System, State of Alaska Department of Revenue, and Optimum Investment Advisors. Company insiders that have sold Darden Restaurants company stock in the last year include John W Madonna, Melvin John Martin, and Nana Mensah.
View insider buying and selling activity for Darden Restaurants
or view top insider-selling stocks.

Which major investors are buying Darden Restaurants stock?

DRI stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, Kestra Advisory Services LLC, Northstar Advisory Group LLC, Donaldson Capital Management LLC, Centaurus Financial Inc., Beacon Harbor Wealth Advisors Inc., Diversified Trust Co, and Juncture Wealth Strategies LLC. Company insiders that have bought Darden Restaurants stock in the last two years include Charles M Sonsteby, David C George, Eugene I Lee Jr, M Shan Atkins, Matthew R Broad, Ricardo Cardenas, and Todd Burrowes.
View insider buying and selling activity for Darden Restaurants
or or view top insider-buying stocks.

How do I buy shares of Darden Restaurants?

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

What is Darden Restaurants' stock price today?

One share of DRI stock can currently be purchased for approximately $120.00.

How big of a company is Darden Restaurants?

Darden Restaurants has a market capitalization of $15.64 billion and generates $7.81 billion in revenue each year. The restaurant operator earns $-52,400,000.00 in net income (profit) each year or $3.13 on an earnings per share basis. Darden Restaurants employs 177,000 workers across the globe.

What is Darden Restaurants' official website?

The official website for Darden Restaurants is www.darden.com.

How can I contact Darden Restaurants?

Darden Restaurants' mailing address is 1000 DARDEN CENTER DRIVE, ORLANDO FL, 32837. The restaurant operator can be reached via phone at 407-245-4000 or via email at [email protected]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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