NYSE:DRI Darden Restaurants Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Darden Restaurants, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $97.17 -0.14 (-0.14 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$95.70Now: $97.17▼$99.6250-Day Range$76.49MA: $86.51▼$97.3152-Week Range$26.15Now: $97.17▼$124.01Volume3.60 million shsAverage Volume2.94 million shsMarket Capitalization$12.62 billionP/E RatioN/ADividend YieldN/ABeta1.34 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 27, 2018, it owned and operated approximately 1,746 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Bahama Breeze, Seasons 52, and Eddie V's brands. The company was founded in 1968 and is based in Orlando, Florida.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingDarden Restaurants has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 19 buy ratings, 14 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $99.63, Darden Restaurants has a forecasted upside of 2.5% from its current price of $97.17.Amount of Analyst CoverageDarden Restaurants has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesDarden Restaurants has received 976 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDarden Restaurants has received 881 “underperform” votes. (Add your “underperform” vote.)Community SentimentDarden Restaurants has received 52.56% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Darden Restaurants and other stocks. Vote “Outperform” if you believe DRI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DRI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldDarden Restaurants does not currently pay a dividend.Dividend GrowthDarden Restaurants does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Darden Restaurants insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Darden Restaurants is held by insiders.Percentage Held by Institutions88.70% of the stock of Darden Restaurants is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Darden Restaurants are expected to grow by 84.64% in the coming year, from $2.93 to $5.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Darden Restaurants is -242.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Darden Restaurants is -242.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDarden Restaurants has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDarden Restaurants has a P/B Ratio of 5.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNYSE:DRI Previous Symbol CUSIP23719410 CIK940944 Webwww.darden.com Phone407-245-4000Debt Debt-to-Equity Ratio0.40 Current Ratio0.61 Quick Ratio0.50Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio33.16 P/E Growth2.13 Sales & Book Value Annual Sales$7.81 billion Price / Sales1.62 Cash Flow$6.08 per share Price / Cash Flow15.98 Book Value$17.95 per share Price / Book5.41Profitability EPS (Most Recent Fiscal Year)$3.13 Net Income$-52,400,000.00 Net Margins-0.67% Return on Equity16.68% Return on Assets3.95%Miscellaneous Employees177,000 Outstanding Shares129,894,000Market Cap$12.62 billion Next Earnings Date12/17/2020 (Estimated) OptionableOptionable $97.17 -0.14 (-0.14 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DRI News and Ratings via Email Sign-up to receive the latest news and ratings for DRI and its competitors with MarketBeat's FREE daily newsletter. Darden Restaurants (NYSE:DRI) Frequently Asked Questions How has Darden Restaurants' stock price been impacted by COVID-19 (Coronavirus)? Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DRI stock has increased by 38.4% and is now trading at $97.17. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Darden Restaurants? 33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 14 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Darden Restaurants. When is Darden Restaurants' next earnings date? Darden Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, December 17th 2020. View our earnings forecast for Darden Restaurants. How were Darden Restaurants' earnings last quarter? Darden Restaurants, Inc. (NYSE:DRI) posted its quarterly earnings results on Thursday, September, 24th. The restaurant operator reported $0.56 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.51. The restaurant operator had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.55 billion. Darden Restaurants had a positive return on equity of 16.68% and a negative net margin of 0.67%. The business's revenue for the quarter was down 28.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.38 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 Thursday, September 24th. Investors of record on Friday, October 9th will be given a dividend of $0.30 per share on Monday, November 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date is Thursday, October 8th. View Darden Restaurants' dividend history. What guidance has Darden Restaurants issued on next quarter's earnings? Darden Restaurants updated its second quarter earnings guidance on Thursday, September, 24th. The company provided EPS guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.37. The company issued revenue guidance of $1.685 billion, compared to the consensus revenue estimate of $1.77 billion. What price target have analysts set for DRI? 33 brokerages have issued 12 month price objectives for Darden Restaurants' shares. Their forecasts range from $50.00 to $135.00. On average, they anticipate Darden Restaurants' stock price to reach $99.63 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Darden Restaurants. Are investors shorting Darden Restaurants? Darden Restaurants saw a decline in short interest in September. As of September 15th, there was short interest totaling 5,610,000 shares, a decline of 10.0% from the August 31st total of 6,230,000 shares. Based on an average daily volume of 2,440,000 shares, the days-to-cover ratio is presently 2.3 days. View Darden Restaurants' Short Interest. Who are some of Darden Restaurants' key competitors? Some companies that are related to Darden Restaurants include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Brinker International (EAT), Jack in the Box (JACK), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Dine Brands Global (DIN). View all 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), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Micron Technology (MU), Alibaba Group (BABA), Intel (INTC), Paypal (PYPL), Tesla (TSLA) and Johnson & Johnson (JNJ). Who are Darden Restaurants' key executives? Darden Restaurants' management team includes the following people: Mr. Eugene I. Lee Jr., Pres, CEO & Director (Age 57)Mr. Ricardo Cardenas, Sr. VP & CFO (Age 51)Mr. David C. George, Exec. VP & COO (Age 63)Mr. Matthew R. Broad, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 59)Mr. Todd A. Burrowes, Pres of Longhorn Steakhouse (Age 56) 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.91%), Victory Capital Management Inc. (2.81%), Viking Global Investors LP (2.30%), Newport Trust Co (2.00%), FMR LLC (1.27%) and Bank of New York Mellon Corp (0.80%). 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, 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 California Public Employees Retirement System, AQR Capital Management LLC, Holocene Advisors LP, CWM LLC, Raymond James & Associates, Scout Investments Inc., Vanguard Group Inc., and Swiss National Bank. Company insiders that have sold Darden Restaurants company stock in the last year include Douglas J Milanes, and Nana Mensah. View insider buying and selling activity for Darden Restaurants. Which major investors are buying Darden Restaurants stock? DRI stock was purchased by a variety of institutional investors in the last quarter, including Viking Global Investors LP, FMR LLC, Dorsal Capital Management LLC, Impala Asset Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Sumitomo Mitsui Trust Holdings Inc., Waratah Capital Advisors Ltd., and Victory Capital Management Inc.. 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. 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 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 $97.17. How big of a company is Darden Restaurants? Darden Restaurants has a market capitalization of $12.62 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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