NYSE:DRI - Darden Restaurants Stock Price, Forecast & News

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

Darden Restaurants declared a quarterly dividend on Thursday, December 19th. Shareholders of record on Friday, January 10th will be given a dividend of $0.88 per share on Monday, February 3rd. This represents a $3.52 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Thursday, January 9th. View Darden Restaurants' Dividend History.

Darden Restaurants, Inc. (NYSE:DRI) posted its quarterly earnings results on Thursday, December, 19th. The restaurant operator reported $1.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.07 by $0.05. The restaurant operator had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.06 billion. Darden Restaurants had a return on equity of 32.25% and a net margin of 7.23%. Darden Restaurants's quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 EPS. View Darden Restaurants' Earnings History.

Darden Restaurants is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Darden Restaurants.

Darden Restaurants issued an update on its FY20 earnings guidance on Thursday, December, 19th. The company provided EPS guidance of $6.30-6.45 for the period, compared to the Thomson Reuters consensus estimate of $6.40.

22 equities research analysts have issued 1 year target prices for Darden Restaurants' shares. Their forecasts range from $115.00 to $140.00. On average, they expect Darden Restaurants' share price to reach $127.75 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Darden Restaurants.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 1 sell rating, 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Darden Restaurants.

News coverage about DRI stock has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Darden Restaurants earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Darden Restaurants.

Darden Restaurants saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 5,360,000 shares, an increase of 8.3% from the November 28th total of 4,950,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.4% of the company's shares are sold short. View Darden Restaurants' Current Options Chain.

Some companies that are related to Darden Restaurants include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), 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), Bloomin' Brands (BLMN), Jack in the Box (JACK), Cheesecake Factory (CAKE), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Darden Restaurants investors own include Home Depot (HD), NVIDIA (NVDA), Boeing (BA), Walt Disney (DIS), Alibaba Group (BABA), Paypal (PYPL), Johnson & Johnson (JNJ), Cisco Systems (CSCO), AbbVie (ABBV) and Verizon Communications (VZ).

Darden Restaurants' stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.22%), Scout Investments Inc. (0.20%), Steward Partners Investment Advisory LLC (0.16%), FTB Advisors Inc. (0.08%), Gradient Investments LLC (0.07%) and State of Alaska Department of Revenue (0.05%). 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, Nana Mensah, Ricardo Cardenas and William S Simon. View Institutional Ownership Trends for Darden Restaurants.

DRI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Scout Investments Inc., Contravisory Investment Management Inc., DNB Asset Management AS, State of Alaska Department of Revenue, Assenagon Asset Management S.A., Private Trust Co. NA and Steward Partners Investment Advisory LLC. Company insiders that have sold Darden Restaurants company stock in the last year include Daniel J Kiernan, David C George, Douglas J Milanes, Eugene I Lee Jr, John W Madonna, Nana Mensah, Ricardo Cardenas and William S Simon. View Insider Buying and Selling for Darden Restaurants.

DRI stock was bought by a variety of institutional investors in the last quarter, including United Services Automobile Association, Alpine Global Management LLC, Merit Financial Group LLC, New England Research & Management Inc., Gradient Investments LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, FTB Advisors Inc. and Raymond James Trust N.A.. View Insider Buying and Selling for 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.

One share of DRI stock can currently be purchased for approximately $113.52.

Darden Restaurants has a market capitalization of $13.92 billion and generates $8.51 billion in revenue each year. The restaurant operator earns $713.40 million in net income (profit) each year or $5.82 on an earnings per share basis. Darden Restaurants employs 185,000 workers across the globe.View Additional Information About Darden Restaurants.

The official website for Darden Restaurants is http://www.darden.com/.

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]