NYSE:DRIDarden Restaurants Stock Price, Forecast & News

Darden Restaurants' stock was trading at $70.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DRI shares have increased by 8.9% and is now trading at $76.48.
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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."
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Darden Restaurants is scheduled to release its next quarterly earnings announcement on Thursday, September 17th 2020.
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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 consensus estimate of ($1.64) by $0.40. The restaurant operator had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.27 billion. Darden Restaurants had a negative net margin of 0.67% and a positive return on equity of 16.68%. Darden Restaurants's revenue was down 43.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 given 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 4.60%. The ex-dividend date of this dividend 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 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 Wall Street analysts have issued 12 month price targets for Darden Restaurants' shares. Their forecasts range from $50.00 to $135.00. On average, they anticipate Darden Restaurants' stock price to reach $90.58 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts' price targets for Darden Restaurants.

Media coverage about DRI stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Darden Restaurants earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave headlines 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 stock's share price in the near term.
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).
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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 shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.70%), MERIAN GLOBAL INVESTORS UK Ltd (0.28%), Kornitzer Capital Management Inc. KS (0.23%), Scout Investments Inc. (0.23%), Mackay Shields LLC (0.14%) and New York State Teachers Retirement System (0.15%). 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 CWM LLC, Raymond James & Associates, Scout Investments Inc., Gradient Investments LLC, Candriam Luxembourg S.C.A., DekaBank Deutsche Girozentrale, Arizona State Retirement System, and State of Alaska Department of Revenue. Company insiders that have sold Darden Restaurants company stock in the last year include Douglas J Milanes, and Nana Mensah.
View insider buying and selling activity for Darden Restaurants.

DRI stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Sumitomo Mitsui Trust Holdings Inc., Kornitzer Capital Management Inc. KS, Polaris Greystone Financial Group LLC, Prime Capital Investment Advisors LLC, Mackay Shields LLC, Assenagon Asset Management S.A., and Strs Ohio. 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 $76.48.

Darden Restaurants has a market capitalization of $9.93 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 177,000 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]