Brinker International Stock Price, News & Analysis (NYSE:EAT)

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 3 sell ratings, 9 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" EAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EAT, but not buy additional shares or sell existing shares.
View EAT analyst ratings or view top-rated stocks.

16 brokerages have issued 12-month target prices for Brinker International's shares. Their EAT share price targets range from $28.00 to $45.00. On average, they anticipate the company's share price to reach $37.60 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
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Brinker International's stock was trading at $31.91 at the beginning of 2023. Since then, EAT shares have increased by 11.1% and is now trading at $35.45.
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Brinker International saw a decrease in short interest in October. As of October 15th, there was short interest totaling 5,140,000 shares, a decrease of 5.7% from the September 30th total of 5,450,000 shares. Based on an average daily volume of 1,120,000 shares, the short-interest ratio is currently 4.6 days. Approximately 11.8% of the company's shares are short sold.
View Brinker International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our EAT earnings forecast.

Brinker International, Inc. (NYSE:EAT) announced its quarterly earnings results on Wednesday, November, 1st. The restaurant operator reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.25. The restaurant operator had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. Brinker International had a net margin of 3.34% and a negative trailing twelve-month return on equity of 84.94%. Brinker International's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.57) earnings per share.

Brinker International (NYSE:EAT) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 49.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EAT will have a dividend payout ratio of 38.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EAT.

ETFs with the largest weight of Brinker International (NYSE:EAT) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).Harbor Corporate Culture Small Cap ETF (HAPS).

Brinker International updated its FY 2024 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $3.35-$3.65 for the period, compared to the consensus earnings per share estimate of $3.32. The company issued revenue guidance of $4.27 billion-$4.35 billion, compared to the consensus revenue estimate of $4.31 billion.

980 employees have rated Brinker International Chief Executive Officer Wyman Roberts on Glassdoor.com. Wyman Roberts has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brinker International investors own include Cracker Barrel Old Country Store (CBRL), AT&T (T), Ford Motor (F), AbbVie (ABBV), Boeing (BA), Intel (INTC), QUALCOMM (QCOM), Energy Transfer (ET), Pfizer (PFE) and General Motors (GM).

Brinker International's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (15.14%), Cooper Creek Partners Management LLC (4.10%), Morgan Stanley (3.11%), Charles Schwab Investment Management Inc. (1.31%), Northern Trust Corp (1.11%) and LSV Asset Management (1.09%). Insiders that own company stock include Daniel S Fuller, Douglas N Comings, Harriet Edelman, Joseph G Taylor, Prashant Ranade, Rick Badgley, Steve Provost, Wade Allen and Wyman Roberts.
View institutional ownership trends.

Shares of EAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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