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 (WHO). Since then, DRI shares have increased by 3.8% and is now trading at $72.90. 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) released its quarterly earnings data on Thursday, June, 25th. The restaurant operator reported ($1.24) EPS for the quarter, beating the consensus estimate of ($1.64) by $0.40. The restaurant operator earned $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Darden Restaurants had a positive return on equity of 16.68% and a negative net margin of 0.67%. The company's quarterly revenue was down 43.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 earnings per share. View Darden Restaurants' earnings history.

Darden Restaurants announced a quarterly dividend on Thursday, December 19th. Investors 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 4.83%. The ex-dividend date is Thursday, January 9th. View Darden Restaurants' dividend history.

Darden Restaurants issued an update on 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 EPS 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 brokers 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 $90.58 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price. View analysts' price targets for Darden Restaurants.

Media stories about DRI stock have trended very negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press 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 five, 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 gave headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company'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 number of retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.28%), Envestnet Asset Management Inc. (0.09%), Polaris Greystone Financial Group LLC (0.09%), Moody National Bank Trust Division (0.04%), State of Alaska Department of Revenue (0.03%) and Fulton Bank N. A. (0.02%). 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, IFM Investors Pty Ltd, Global Retirement Partners LLC, 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 MERIAN GLOBAL INVESTORS UK Ltd, Polaris Greystone Financial Group LLC, Envestnet Asset Management Inc., Whittier Trust Co., Canandaigua National Corp, Fulton Bank N. A., NuWave Investment Management LLC, and IBM Retirement Fund. 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 $72.90.

Darden Restaurants has a market capitalization of $8.81 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]