Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide. As of June 28, 2017, it owned, operated, or franchised 1,674 restaurants comprising 1,622 restaurants under the Chili's Grill & Bar brand name; and 52 restaurants under the Maggiano's Little Italy brand name. The company was founded in 1975 and is based in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
SymbolNYSE:EAT
CUSIP10964110
Phone972-980-9917
Debt
Debt-to-Equity Ratio-2.24
Current Ratio0.32
Quick Ratio0.27
Price-To-Earnings
Trailing P/E Ratio13.45
Forward P/E Ratio12.23
P/E Growth1.02
Sales & Book Value
Annual Sales$3.15 billion
Price / Sales0.60
Cash Flow$6.3778 per share
Price / Cash6.75
Book Value($10.09) per share
Price / Book-4.27
Profitability
EPS (Most Recent Fiscal Year)$3.20
Net Income$150.82 million
Net Margins4.24%
Return on Equity-30.02%
Return on Assets11.93%
Miscellaneous
Employees57,906
Outstanding Shares43,850,000
Market Cap$1.94 billion
Brinker International (NYSE:EAT) Frequently Asked Questions
What is Brinker International's stock symbol?
Brinker International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EAT."
How often does Brinker International pay dividends? What is the dividend yield for Brinker International?
Brinker International declared a quarterly dividend on Wednesday, August 15th. Stockholders of record on Friday, September 7th will be paid a dividend of $0.38 per share on Thursday, September 27th. This represents a $1.52 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Thursday, September 6th. View Brinker International's Dividend History.
How will Brinker International's stock buyback program work?
Brinker International announced that its board has approved a share buyback program on Friday, August 11th 2017, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 14.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Brinker International's earnings last quarter?
Brinker International, Inc. (NYSE:EAT) issued its quarterly earnings results on Tuesday, August, 14th. The restaurant operator reported $1.19 EPS for the quarter, meeting the consensus estimate of $1.19. The restaurant operator earned $817.10 million during the quarter, compared to analyst estimates of $817.93 million. Brinker International had a negative return on equity of 30.02% and a net margin of 4.24%. The business's quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 earnings per share. View Brinker International's Earnings History.
When is Brinker International's next earnings date?
What guidance has Brinker International issued on next quarter's earnings?
Brinker International updated its FY19 earnings guidance on Tuesday, August, 14th. The company provided earnings per share (EPS) guidance of $3.70-3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.75. The company issued revenue guidance of +1.0-2.25% to ~$3.17-3.21 billion, compared to the consensus revenue estimate of $3.18 billion.
What price target have analysts set for EAT?
14 analysts have issued twelve-month target prices for Brinker International's shares. Their predictions range from $34.00 to $55.00. On average, they anticipate Brinker International's share price to reach $44.7143 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Price Targets for Brinker International.
What is the consensus analysts' recommendation for Brinker International?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brinker International.
What are Wall Street analysts saying about Brinker International stock?
Here are some recent quotes from research analysts about Brinker International stock:
- 1. Maxim Group analysts commented, "We reiterate our Buy rating and $55 price target on Brinker International (EAT) ahead of the release of F4Q18 (June) results on Tuesday, August 14 before the open." (8/7/2018)
- 2. According to Zacks Investment Research, "Brinker’s aggressive expansion strategies and sales building initiatives like streamlining of menu and loyalty program should boost comps. Increased focus on company-owned restaurants, which allows it to have full control over operations, is also expected to boost the bottom as well as the top line. Also, various operational, remodeling and digital initiatives are likely to drive growth. Backed by such initiatives, Brinker’s shares have outperformed the industry’s rally in the past year. Earnings estimates for the current quarter and year have also increased over the past two months, reflecting analysts’ optimism surrounding the company’s future earnings potential. However, the company’s revenues missed the Zacks Consensus Estimate in 10 of the trailing 13 quarters, mainly due to traffic decline at its restaurants. Further, higher labor as well as costs related to various initiatives might hurt margins." (7/16/2018)
Are investors shorting Brinker International?
Brinker International saw a decrease in short interest in July. As of July 31st, there was short interest totalling 11,711,427 shares, a decrease of 0.4% from the July 13th total of 11,758,353 shares. Based on an average trading volume of 809,467 shares, the days-to-cover ratio is presently 14.5 days. Approximately 27.1% of the company's stock are short sold. View Brinker International's Current Options Chain.
Who are some of Brinker International's key competitors?
Some companies that are related to Brinker International include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Main Street Capital (MAIN), Cheesecake Factory (CAKE), Dave & Buster's Entertainment (PLAY), Wingstop (WING), Bloomin' Brands (BLMN), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), BJ's Restaurants (BJRI), Dine Brands Global (DIN), Papa John's Int'l (PZZA), Sonic (SONC) and Ruth's Hospitality Group (RUTH).
Who are Brinker International's key executives?
Brinker International's management team includes the folowing people:
- Mr. Wyman T. Roberts, CEO, Pres & Non-Independent Director (Age 59)
- Mr. Joseph G. Taylor, Sr. VP & CFO (Age 59)
- Mr. Richard Badgley, Sr. VP & Chief People Officer (Age 50)
- Mr. Steve D. Provost, Exec. VP and Chief Marketing & Innovation Officer of Chili's Grill & Bar (Age 58)
- Ms. Kelli A. Valade, Exec. VP and Pres of Chili's Grill & Bar (Age 48)
Has Brinker International been receiving favorable news coverage?
News headlines about EAT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brinker International earned a media and rumor sentiment score of 0.00 on Accern's scale. They also gave news stories about the restaurant operator an impact score of 46.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Brinker International.
Who are Brinker International's major shareholders?
Brinker International's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.42%), LSV Asset Management (7.63%), Dimensional Fund Advisors LP (2.99%), Fuller & Thaler Asset Management Inc. (2.68%), Bank of New York Mellon Corp (2.56%) and Contrarius Investment Management Ltd (2.55%). Company insiders that own Brinker International stock include Andres Tinajero, Charles A Lousignont, David Roy Doyle, Harriet Edelman, Joseph G Taylor, Kelli Valade, Krista M Gibson, Michael A George, Michaela M Ware, Steve Provost and Wyman Roberts. View Institutional Ownership Trends for Brinker International.
Which institutional investors are selling Brinker International stock?
EAT stock was sold by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Wells Fargo & Company MN, Schroder Investment Management Group, KBC Group NV, Epoch Investment Partners Inc., Bank of America Corp DE, BlackRock Inc. and Ontario Teachers Pension Plan Board. Company insiders that have sold Brinker International company stock in the last year include Andres Tinajero, Charles A Lousignont, David Roy Doyle, Kelli Valade, Michaela M Ware and Wyman Roberts. View Insider Buying and Selling for Brinker International.
Which institutional investors are buying Brinker International stock?
EAT stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Contrarius Investment Management Ltd, Point72 Asset Management L.P., Marshall Wace LLP, OppenheimerFunds Inc., Chicago Equity Partners LLC, BNP Paribas Arbitrage SA and Canada Pension Plan Investment Board. View Insider Buying and Selling for Brinker International.
How do I buy shares of Brinker International?
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, Scottrade, Fidelity and Charles Schwab.
What is Brinker International's stock price today?
One share of EAT stock can currently be purchased for approximately $43.40.
How big of a company is Brinker International?
Brinker International has a market capitalization of $1.94 billion and generates $3.15 billion in revenue each year. The restaurant operator earns $150.82 million in net income (profit) each year or $3.20 on an earnings per share basis. Brinker International employs 57,906 workers across the globe.
How can I contact Brinker International?
Brinker International's mailing address is 6820 LBJ FREEWAY, DALLAS TX, 75240. The restaurant operator can be reached via phone at 972-980-9917 or via email at [email protected]
MarketBeat Community Rating for Brinker International (NYSE EAT)
MarketBeat's community ratings are surveys of what our community members think about Brinker International and other stocks. Vote "Outperform" if you believe EAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
