NYSE:DRIDarden Restaurants Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Darden Restaurants, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $45.48 +1.17 (+2.64 %) (As of 04/6/2020 02:56 AM ET) Add Compare Share Today's Range$43.18Now: $45.48▼$46.3950-Day Range$34.16MA: $80.90▼$122.2752-Week Range$26.15Now: $45.48▼$128.41Volume3.64 million shsAverage Volume5.95 million shsMarket Capitalization$5.58 billionP/E Ratio8.87Dividend YieldN/ABeta1.07 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingDarden Restaurants has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 11 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.36, Darden Restaurants has a potential upside of 94.3% from its current price of $45.48.Amount of Analyst CoverageDarden Restaurants has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesDarden Restaurants has received 938 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDarden Restaurants has received 857 “underperform” votes. (Add your “underperform” vote.)Community SentimentDarden Restaurants has received 52.26% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldDarden Restaurants does not currently pay a dividend.Dividend GrowthDarden Restaurants has only been increasing its dividend for 3 years.Dividend SustainabilityBased on EPS estimates, Darden Restaurants will have a dividend payout ratio of 98.60 % in the coming year. This indicates that Darden Restaurants may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Darden Restaurants insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $89,636.00 in company stock.Percentage Held by InsidersOnly 0.47% of the stock of Darden Restaurants is held by insiders.Percentage Held by Institutions89.12% of the stock of Darden Restaurants is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Darden Restaurants are expected to grow by 22.26% in the coming year, from $2.92 to $3.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Darden Restaurants is 8.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Darden Restaurants is 8.87, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.40.Price to Earnings Growth RatioDarden Restaurants has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDarden Restaurants has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.07 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNYSE:DRI Previous Symbol CUSIP23719410 CIK940944 Webhttp://www.darden.com/ Phone407-245-4000Debt Debt-to-Equity Ratio2.24 Current Ratio0.41 Quick Ratio0.27Price-To-Earnings Trailing P/E Ratio8.87 Forward P/E Ratio15.58 P/E Growth1.64 Sales & Book Value Annual Sales$8.51 billion Price / Sales0.66 Cash Flow$8.90 per share Price / Cash Flow5.11 Book Value$19.10 per share Price / Book2.38Profitability EPS (Most Recent Fiscal Year)$5.82 Net Income$713.40 million Net Margins7.25% Return on Equity32.51% Return on Assets8.64%Miscellaneous Employees185,000 Outstanding Shares122,600,000Market Cap$5.58 billion Next Earnings Date6/18/2020 (Estimated) OptionableOptionable Receive DRI News and Ratings via Email Sign-up to receive the latest news and ratings for DRI and its competitors with MarketBeat's FREE daily newsletter. DRI Rates by TradingView Darden Restaurants (NYSE:DRI) Frequently Asked Questions How has Darden Restaurants' stock been impacted by COVID-19 (Coronavirus)? Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DRI stock has decreased by 35.2% and is now trading at $45.48. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Darden Restaurants? 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Darden Restaurants in the last year. There are currently 1 sell rating, 11 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Darden Restaurants. When is Darden Restaurants' next earnings date? Darden Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, June 18th 2020. View our earnings forecast for Darden Restaurants. How were Darden Restaurants' earnings last quarter? Darden Restaurants, Inc. (NYSE:DRI) announced its quarterly earnings data on Thursday, March, 19th. The restaurant operator reported $1.90 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.88 by $0.02. The restaurant operator had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. Darden Restaurants had a return on equity of 32.51% and a net margin of 7.25%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.80 EPS. View Darden Restaurants' earnings history. How often does Darden Restaurants pay dividends? What is the dividend yield for Darden Restaurants? Darden Restaurants declared a quarterly dividend on Thursday, December 19th. Investors 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 dividend on an annualized basis and a yield of 7.74%. The ex-dividend date is Thursday, January 9th. View Darden Restaurants' dividend history. What price target have analysts set for DRI? 24 equities research analysts have issued 12 month price objectives for Darden Restaurants' stock. Their forecasts range from $46.00 to $135.00. On average, they anticipate Darden Restaurants' share price to reach $88.36 in the next twelve months. This suggests a possible upside of 94.3% from the stock's current price. View analysts' price targets for Darden Restaurants. Has Darden Restaurants been receiving favorable news coverage? Media coverage about DRI stock has trended very negative on Monday, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Darden Restaurants earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutDarden Restaurants. Are investors shorting Darden Restaurants? Darden Restaurants saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,433,900 shares, an increase of 6.1% from the February 27th total of 5,120,000 shares. Based on an average trading volume of 1,610,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.5% of the shares of the company are short sold. View Darden Restaurants' Current Options Chain. Who are some of Darden Restaurants' key competitors? Some companies that are related to Darden Restaurants include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), 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), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN), Brinker International (EAT) and Denny's (DENN). 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), NVIDIA (NVDA), Walt Disney (DIS), Boeing (BA), Alibaba Group (BABA), Verizon Communications (VZ), Tesla (TSLA), AbbVie (ABBV), Johnson & Johnson (JNJ) and Cisco Systems (CSCO). Who are Darden Restaurants' key executives? Darden Restaurants' management team includes the following 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) What is Darden Restaurants' stock symbol? Darden Restaurants trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRI." Who are Darden Restaurants' major shareholders? Darden Restaurants' stock is owned by a number of institutional and retail investors. Top institutional investors include Fulton Bank N.A. (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, Nana Mensah, Ricardo Cardenas and William S Simon. View institutional ownership trends for Darden Restaurants. Which major investors are buying Darden Restaurants stock? DRI stock was purchased by a variety of institutional investors in the last quarter, including Fulton Bank N.A.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Darden Restaurants' stock price today? One share of DRI stock can currently be purchased for approximately $45.48. How big of a company is Darden Restaurants? Darden Restaurants has a market capitalization of $5.58 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. View additional information about Darden Restaurants. 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] This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: What is a Market Correction?
