NYSE:DRIDarden Restaurants Stock Price, Forecast & News

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 (WHO). Since then, DRI shares have increased by 22.5% and is now trading at $86.04. View which stocks have been most impacted by Coronavirus.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 14 hold ratings, 15 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, June 18th 2020. View our earnings forecast for Darden Restaurants.

Darden Restaurants, Inc. (NYSE:DRI) announced its quarterly earnings data on Thursday, March, 19th. The restaurant operator reported $1.90 EPS for the quarter, topping the Zacks' consensus estimate of $1.88 by $0.02. The restaurant operator had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion. Darden Restaurants had a net margin of 7.25% and a return on equity of 32.51%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.80 earnings per share. View Darden Restaurants' earnings history.

Darden Restaurants announced 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 4.09%. The ex-dividend date of this dividend is Thursday, January 9th. View Darden Restaurants' dividend history.

30 brokers have issued 1 year target prices for Darden Restaurants' shares. Their forecasts range from $50.00 to $135.00. On average, they expect Darden Restaurants' stock price to reach $88.17 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.

Headlines about DRI stock have trended negative on Friday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Darden Restaurants earned a news impact score of -2.7 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutDarden 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), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.69%), Capital World Investors (5.42%), State Street Corp (5.10%), Victory Capital Management Inc. (2.77%), Victory Capital Management Inc. (2.77%) and Capital International Investors (2.76%). 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 BlackRock Inc., Bessemer Group Inc., Robeco Institutional Asset Management B.V., AQR Capital Management LLC, PNC Financial Services Group Inc., Bahl & Gaynor Inc., Public Sector Pension Investment Board, and UBS Group AG. 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.

DRI stock was purchased by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Capital World Investors, Victory Capital Management Inc., Victory Capital Management Inc., Balyasny Asset Management LLC, Eagle Asset Management Inc., Capital International Investors, and Nuveen Asset 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 $86.04.

Darden Restaurants has a market capitalization of $10.40 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.

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]