NYSE:DRIDarden Restaurants Stock Price, Forecast & News

Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DRI stock has increased by 2.7% and is now trading at $72.09. 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 earnings results on Thursday, June, 25th. The restaurant operator reported ($1.24) earnings per share for the quarter, topping the consensus estimate of ($1.64) by $0.40. The restaurant operator had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Darden Restaurants had a negative net margin of 0.67% and a positive return on equity of 16.68%. The firm's revenue for the quarter was down 43.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.76 EPS. View Darden Restaurants' earnings history.

Darden Restaurants announced 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 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Thursday, January 9th. View Darden Restaurants' dividend history.

Darden Restaurants updated 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 earnings per share 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 equities research analysts have issued 12 month target prices for Darden Restaurants' stock. Their forecasts range from $50.00 to $135.00. On average, they anticipate Darden Restaurants' stock price to reach $90.58 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Darden Restaurants.

News coverage about DRI stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. 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 -3.2 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. 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 variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.09%), Moody National Bank Trust Division (0.04%), State of Alaska Department of Revenue (0.03%), Fulton Bank N. A. (0.02%), Whittier Trust Co. (0.02%) and DNB Asset Management AS (0.01%). 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 Gradient Investments LLC, State of Alaska Department of Revenue, DNB Asset Management AS, Xcel Wealth Management LLC, and Farmers Trust Co.. 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 Envestnet Asset Management Inc., Whittier Trust Co., Canandaigua National Corp, Fulton Bank N. A., IBM Retirement Fund, Summit Financial Group Inc., Founders Capital Management LLC, and Nelson Van Denburg & Campbell Wealth Management Group 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 $72.09.

Darden Restaurants has a market capitalization of $8.71 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]