NYSE:EAT - Brinker International Stock Price, Forecast & News

Brinker International's stock was trading at $21.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EAT shares have decreased by 40.1% and is now trading at $12.89. View which stocks have been mosted impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brinker International.

Brinker International is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Brinker International.

Brinker International, Inc. (NYSE:EAT) released its earnings results on Wednesday, January, 29th. The restaurant operator reported $1.01 EPS for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.06. The restaurant operator had revenue of $869.30 million for the quarter, compared to analysts' expectations of $876.95 million. Brinker International had a negative return on equity of 22.42% and a net margin of 4.21%. Brinker International's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 earnings per share. View Brinker International's earnings history.

Brinker International declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Friday, March 6th will be given a dividend of $0.38 per share on Thursday, March 26th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 11.79%. The ex-dividend date is Thursday, March 5th. View Brinker International's dividend history.

Brinker International issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $4.25-4.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.26. The company issued revenue guidance of ~$3.51-$3.54 billion, compared to the consensus revenue estimate of $3.53 billion.

23 Wall Street analysts have issued 12-month target prices for Brinker International's stock. Their forecasts range from $36.00 to $58.00. On average, they anticipate Brinker International's share price to reach $46.95 in the next twelve months. This suggests a possible upside of 264.3% from the stock's current price. View analysts' price targets for Brinker International.

Press coverage about EAT stock has trended very positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brinker International earned a news sentiment score of 3.2 on InfoTrie's scale. They also assigned media 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 effect on the stock's share price in the next few days. View the latest news aboutBrinker International.

Brinker International saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 6,893,600 shares, a drop of 17.2% from the February 27th total of 8,330,000 shares. Based on an average daily volume of 982,500 shares, the days-to-cover ratio is currently 7.0 days. Currently, 18.7% of the company's shares are short sold. View Brinker International's Current Options Chain.

Some companies that are related to Brinker International include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Cheesecake Factory (CAKE), Jack in the Box (JACK), Bloomin' Brands (BLMN) and Dine Brands Global (DIN).

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), Energy Transfer LP Unit (ET), Altria Group (MO), AbbVie (ABBV), Ford Motor (F), Wells Fargo & Co (WFC), QUALCOMM (QCOM), General Motors (GM) and Verizon Communications (VZ).

Brinker International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EAT."

Shares of EAT 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 EAT stock can currently be purchased for approximately $12.89.

Brinker International has a market capitalization of $482.21 million and generates $3.22 billion in revenue each year. The restaurant operator earns $154.90 million in net income (profit) each year or $3.93 on an earnings per share basis. Brinker International employs 56,147 workers across the globe. View additional information about Brinker International.

The official website for Brinker International is http://www.brinker.com/.

Brinker International's mailing address is 3000 OLYMPUS BLVD, DALLAS TX, 75019. The restaurant operator can be reached via phone at 972-980-9917 or via email at [email protected]