NYSE:DRIDarden Restaurants Stock Price, Forecast & News

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 increased by 12.7% and is now trading at $79.12. View which stocks have been most impacted by Coronavirus.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 14 hold ratings, 17 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Darden Restaurants.

Darden Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, September 17th 2020. View our earnings forecast for Darden Restaurants.

Darden Restaurants, Inc. (NYSE:DRI) issued its quarterly earnings data on Thursday, June, 25th. The restaurant operator reported ($1.24) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.64) by $0.40. The restaurant operator earned $1.27 billion during the quarter, compared to analysts' expectations of $1.27 billion. Darden Restaurants had a positive return on equity of 16.68% and a negative net margin of 0.67%. The company's revenue was down 43.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.76 earnings per share. View Darden Restaurants' earnings history.

Darden Restaurants declared a quarterly dividend on Thursday, December 19th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.88 per share on Monday, February 3rd. This represents a $3.52 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, January 9th. View Darden Restaurants' dividend history.

Darden Restaurants issued an update on its first quarter 2021 Pre-Market earnings guidance on Thursday, June, 25th. The company provided earnings per share (EPS) guidance of 0.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $-1.72. The company issued revenue guidance of $1.494-1.494 billion, compared to the consensus revenue estimate of $1.24 billion.

32 brokers have issued twelve-month price targets for Darden Restaurants' shares. Their forecasts range from $50.00 to $135.00. On average, they anticipate Darden Restaurants' stock price to reach $90.58 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View analysts' price targets for Darden Restaurants.

Press coverage about DRI stock has been trending positive this week, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Darden Restaurants earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned news headlines about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Darden Restaurants.

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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN) and Dine Brands Global (DIN). View all competitors.

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

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

Darden Restaurants' stock is owned by a number of retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.28%), Scout Investments Inc. (0.23%), Envestnet Asset Management Inc. (0.09%), Polaris Greystone Financial Group LLC (0.09%), Moody National Bank Trust Division (0.04%) and State of Alaska Department of Revenue (0.03%). 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.

DRI stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Gradient Investments LLC, State of Alaska Department of Revenue, Fortem Financial Group LLC, DNB Asset Management AS, IFM Investors Pty Ltd, Global Retirement Partners LLC, and Xcel Wealth Management LLC. Company insiders that have sold Darden Restaurants company stock in the last year include Daniel J Kiernan, Douglas J Milanes, John W Madonna, and Nana Mensah. View insider buying and selling activity for Darden Restaurants.

DRI stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Polaris Greystone Financial Group LLC, Envestnet Asset Management Inc., Whittier Trust Co., First Citizens Bank & Trust Co., Canandaigua National Corp, Fulton Bank N. A., and NuWave Investment Management 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.

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 $79.12.

Darden Restaurants has a market capitalization of $9.56 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 185,000 workers across the globe.

The official website for Darden Restaurants is 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]