Log in

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

$54.66
-5.90 (-9.74 %)
(As of 03/29/2020 01:38 PM ET)
Today's Range
$52.50
Now: $54.66
$57.71
50-Day Range
$34.16
MA: $90.77
$122.45
52-Week Range
$26.15
Now: $54.66
$128.41
Volume6.01 million shs
Average Volume5.13 million shs
Market Capitalization$6.70 billion
P/E Ratio10.65
Dividend YieldN/A
Beta0.5
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
Darden Restaurants logo

Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
CUSIP23719410
Phone407-245-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.51 billion
Cash Flow$7.82 per share
Book Value$19.10 per share

Profitability

Net Income$713.40 million

Miscellaneous

Employees185,000
Market Cap$6.70 billion
Next Earnings Date6/18/2020 (Estimated)
OptionableOptionable

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 been impacted by COVID-19 (Coronavirus)?

Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DRI shares have decreased by 22.1% and is now trading at $54.66. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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, 10 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, June 18th 2020. 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, March, 19th. The restaurant operator reported $1.90 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.88 by $0.02. The restaurant operator earned $2.35 billion during the quarter, compared to analysts' expectations of $2.33 billion. Darden Restaurants had a return on equity of 32.51% and a net margin of 7.25%. The business's revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.80 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, December 19th. Stockholders 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 dividend yield of 6.44%. The ex-dividend date is Thursday, January 9th. View Darden Restaurants' dividend history.

What price target have analysts set for DRI?

22 brokers have issued 12-month price targets for Darden Restaurants' shares. Their forecasts range from $46.00 to $135.00. On average, they anticipate Darden Restaurants' share price to reach $91.95 in the next year. This suggests a possible upside of 68.2% from the stock's current price. View analysts' price targets for Darden Restaurants.

Has Darden Restaurants been receiving favorable news coverage?

Media coverage about DRI stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Darden Restaurants earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news stories 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 next several days. View the latest news aboutDarden Restaurants.

Are investors shorting Darden Restaurants?

Darden Restaurants saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,433,900 shares, an increase of 6.1% from the February 27th total of 5,120,000 shares. Based on an average daily volume of 1,610,000 shares, the short-interest ratio is presently 3.4 days. Currently, 4.5% of the shares of the stock are sold short. View Darden Restaurants' Current Options Chain.

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 Home Depot (HD), NVIDIA (NVDA), Boeing (BA), Walt Disney (DIS), Verizon Communications (VZ), Alibaba Group (BABA), Johnson & Johnson (JNJ), Tesla (TSLA), AbbVie (ABBV) and Cisco Systems (CSCO).

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 State Street Corp (4.71%), Capital World Investors (4.14%), Capital International Investors (2.21%), Newport Trust Co (2.12%), Victory Capital Management Inc. (1.96%) and Victory Capital Management Inc. (1.95%). 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.

Which institutional investors are selling Darden Restaurants stock?

DRI stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Capital World Investors, Credit Suisse AG, Teacher Retirement System of Texas, Panagora Asset Management Inc., Charles Schwab Investment Management Inc., Acadian Asset Management LLC, and PGGM Investments. Company insiders that have sold Darden Restaurants company stock in the last year include Daniel J Kiernan, David C George, Douglas J Milanes, John W Madonna, Nana Mensah, and Ricardo Cardenas. View insider buying and selling activity for Darden Restaurants.

Which institutional investors are buying Darden Restaurants stock?

DRI stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Norges Bank, Amundi Pioneer Asset Management Inc., Point72 Asset Management L.P., Public Sector Pension Investment Board, Janus Henderson Group PLC, Victory Capital Management Inc., and Victory Capital Management Inc.. 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 $54.66.

How big of a company is Darden Restaurants?

Darden Restaurants has a market capitalization of $6.70 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.

What is Darden Restaurants' official website?

The official website for Darden Restaurants is http://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]


MarketBeat Community Rating for Darden Restaurants (NYSE DRI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  937 (Vote Outperform)
Underperform Votes:  855 (Vote Underperform)
Total Votes:  1,792
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Featured Article: Cost of Debt

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel