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

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$108.69 -1.68 (-1.52 %)
(As of 03/20/2019 01:32 PM ET)
Previous Close$110.37
Today's Range$108.32 - $110.94
52-Week Range$82.38 - $124.00
Volume840,590 shs
Average Volume1.09 million shs
Market Capitalization$13.42 billion
P/E Ratio22.60
Dividend Yield0.57%
Beta0.3
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.08 billion
Cash Flow$7.2946 per share
Book Value$17.77 per share

Profitability

Net Income$596 million

Miscellaneous

Employees180,000
Market Cap$13.42 billion
Next Earnings Date3/21/2019 (Confirmed)
OptionableOptionable

Darden Restaurants (NYSE:DRI) Frequently Asked Questions

What is Darden Restaurants' stock symbol?

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

How often does Darden Restaurants pay dividends? What is the dividend yield for Darden Restaurants?

Darden Restaurants declared a quarterly dividend on Wednesday, December 12th. Stockholders of record on Thursday, January 10th will be paid a dividend of $0.75 per share on Friday, February 1st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Wednesday, January 9th. View Darden Restaurants' Dividend History.

How were Darden Restaurants' earnings last quarter?

Darden Restaurants, Inc. (NYSE:DRI) released its earnings results on Thursday, September, 20th. The restaurant operator reported $1.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.24 by $0.10. The restaurant operator earned $2.06 billion during the quarter, compared to analysts' expectations of $2.03 billion. Darden Restaurants had a return on equity of 30.48% and a net margin of 8.12%. Darden Restaurants's quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.99 earnings per share. View Darden Restaurants' Earnings History.

When is Darden Restaurants' next earnings date?

Darden Restaurants is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Darden Restaurants.

How can I listen to Darden Restaurants' earnings call?

Darden Restaurants will be holding an earnings conference call on Thursday, March 21st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883969924.

What price target have analysts set for DRI?

28 brokerages have issued twelve-month price targets for Darden Restaurants' shares. Their predictions range from $94.00 to $240.00. On average, they anticipate Darden Restaurants' stock price to reach $122.1583 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for Darden Restaurants.

What is the consensus analysts' recommendation for Darden Restaurants?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 2 sell ratings, 7 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Darden Restaurants.

What are Wall Street analysts saying about Darden Restaurants stock?

Here are some recent quotes from research analysts about Darden Restaurants stock:
  • 1. Maxim Group analysts commented, "We maintain our Buy rating on Darden Restaurants (DRI) and raise our price target to $128, from $122, ahead of the release of F3Q19 (February) results on Thursday, March 21 before the open." (3/19/2019)
  • 2. According to Zacks Investment Research, "Shares of Darden have outperformed the industry over the past two years. We are further encouraged by the company’s second-quarter fiscal 2019 earnings. Darden’s earnings met/surpassed the Zacks Consensus Estimate for 17 straight quarters. In the second quarter of fiscal 2019, Darden’s earnings increased 26% year over year on the back of higher revenues. Results were also aided by the company’s relentless efforts in improving the basic operating factors of the business — food, service and atmosphere. Various sales initiatives and technology-driven moves are expected to boost the top line in the months ahead. The company’s efforts to check costs are commendable. Current-year earnings estimates have also moved north over the past month. However, fierce competition and softer-than-expected consumer demand can keep comps under pressure while rising labor costs and a non-franchised business model may dampen profits." (12/31/2018)

Has Darden Restaurants been receiving favorable news coverage?

Media headlines about DRI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative 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 closest to five being the most favorable. Darden Restaurants earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.

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), Boeing (BA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Tesla (TSLA), Micron Technology (MU), AT&T (T), Mcdonald's (MCD), Walt Disney (DIS) and NVIDIA (NVDA).

Who are Darden Restaurants' key executives?

Darden Restaurants' management team includes the folowing 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)

Who are Darden Restaurants' major shareholders?

Darden Restaurants' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.14%), Oregon Public Employees Retirement Fund (3.35%), Newport Trust Co (2.12%), Northern Trust Corp (1.56%), Geode Capital Management LLC (1.48%) and Victory Capital Management Inc. (1.32%). Company insiders that own Darden Restaurants stock include Daniel J Kiernan, David C George, Douglas J Milanes, Eugene I Lee Jr, John W Madonna, Ricardo Cardenas and William S Simon. View Institutional Ownership Trends for Darden Restaurants.

Which major investors are selling Darden Restaurants stock?

DRI stock was sold by a variety of institutional investors in the last quarter, including American International Group Inc., Two Sigma Advisers LP, Bank of New York Mellon Corp, BlackRock Inc., Voloridge Investment Management LLC, Scout Investments Inc., Mackay Shields LLC and Inverness Counsel LLC NY. Company insiders that have sold Darden Restaurants company stock in the last year include Daniel J Kiernan, David C George, Douglas J Milanes, Eugene I Lee Jr, John W Madonna, Ricardo Cardenas and William S Simon. View Insider Buying and Selling for Darden Restaurants.

Which major investors are buying Darden Restaurants stock?

DRI stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, FMR LLC, American Century Companies Inc., Bessemer Group Inc., Ackerman Capital Advisors LLC, Acadian Asset Management LLC and Millennium Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Darden Restaurants' stock price today?

One share of DRI stock can currently be purchased for approximately $108.68.

How big of a company is Darden Restaurants?

Darden Restaurants has a market capitalization of $13.42 billion and generates $8.08 billion in revenue each year. The restaurant operator earns $596 million in net income (profit) each year or $4.81 on an earnings per share basis. Darden Restaurants employs 180,000 workers across the globe.

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:  855 (Vote Outperform)
Underperform Votes:  772 (Vote Underperform)
Total Votes:  1,627
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 3/20/2019 by MarketBeat.com Staff

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