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 6.5% and is now trading at $74.80. View which stocks have been most impacted by Coronavirus.

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 15 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, September 17th 2020. View our earnings forecast for Darden Restaurants.

Darden Restaurants, Inc. (NYSE:DRI) released its quarterly earnings results on Thursday, June, 25th. The restaurant operator reported ($1.24) EPS for the quarter, beating the Zacks' consensus estimate of ($1.64) by $0.40. The restaurant operator had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Darden Restaurants had a positive return on equity of 16.68% and a negative net margin of 0.67%. The firm's revenue for the quarter was down 43.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 paid 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 4.71%. 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 EPS guidance of 0.00 for the period, compared to the Thomson Reuters consensus 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.

31 brokerages have issued 1-year target prices for Darden Restaurants' shares. Their forecasts range from $50.00 to $135.00. On average, they anticipate Darden Restaurants' share price to reach $90.19 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for Darden Restaurants.

Headlines about DRI stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Darden Restaurants earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave media 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 impact on the stock's share price in the next several 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 retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Modus Advisors LLC (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, and Modus Advisors 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 $74.80.

Darden Restaurants has a market capitalization of $9.04 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]