Brinker International Company Profile (NYSE:EAT)

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

Brinker International declared a quarterly dividend on Thursday, August 10th. Stockholders of record on Friday, September 8th will be paid a dividend of $0.38 per share on Thursday, September 28th. This represents a $1.52 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Thursday, September 7th. This is a positive change from Brinker International's previous quarterly dividend of $0.34. View Brinker International's Dividend History.

Brinker International declared that its Board of Directors has initiated a stock buyback program on Friday, August 11th 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Brinker International, Inc. (NYSE:EAT) released its quarterly earnings data on Thursday, August, 10th. The company reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.05. The company had revenue of $810.66 million for the quarter, compared to analysts' expectations of $809.94 million. Brinker International had a negative return on equity of 31.46% and a net margin of 4.79%. The business's quarterly revenue was down 8.1% compared to the same quarter last year. During the same period last year, the company posted $1.24 EPS. View Brinker International's Earnings History.

Brinker International is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Brinker International.

Brinker International updated its FY18 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $3.25-3.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.24. The company issued revenue guidance of +0.5-1.5% to ~$3.273-3.30 billion, compared to the consensus revenue estimate of $3.17 billion.

16 brokerages have issued 12 month price objectives for Brinker International's shares. Their predictions range from $34.00 to $50.00. On average, they anticipate Brinker International's share price to reach $41.75 in the next twelve months. View Analyst Ratings for Brinker International.

Here are some recent quotes from research analysts about Brinker International stock:

• 1. According to Zacks Investment Research, "Brinker’s expansion strategies and sales building initiatives like streamlining of menu and innovation, value offerings along with its 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 both the bottom and top line. However, the company’s revenues missed the Zacks Consensus Estimate in eight of the trailing ten quarters. Further, higher costs might continue to hurt margins, while overall choppiness in the restaurant space might keep on pressurizing comps in the coming quarters. Nevertheless, various operational, remodeling and digital initiatives are likely to aid the stock in driving growth, going ahead. Meanwhile, shares of Brinker have witnessed a loss of 36.3% in the past year, as against the industry’s gain of 13.6% .Estimates too have been going down ahead of its first-quarter fiscal 2018 earnngs release." (10/18/2017)
• 2. Maxim Group analysts commented, "We reiterate our Buy rating and $49 price target on Brinker International (EAT) as we see Hurricanes Harvey and Irma leaving a measurable, though short- lived, impact on FY18 results." (9/12/2017)
• 3. Royal Bank Of Canada analysts commented, "We are lowering our price target and trimming our SSS and EPS estimates given limited visibility into SSS drivers and ongoing industry headwinds. Chilis needs to find ways to reach family consumers that are increasingly staying home. We will be watching to see if Chili's take-out business gains momentum. Otherwise, we believe the chain may have to invest more heavily in food and labor." (1/26/2017)

Some companies that are related to Brinker International include Aaron's, (AAN), Jack In The Box (JACK), Bed Bath & Beyond (BBBY), Performance Food Group Company (PFGC), Dick's Sporting Goods (DKS), Lithia Motors (LAD), PriceSmart (PSMT), Urban Outfitters (URBN), Groupon (GRPN), Sprouts Farmers Market (SFM), Papa John's International (PZZA), American Eagle Outfitters (AEO), Sally Beauty Holdings (SBH), Big Lots (BIG), Arcos Dorados Holdings (ARCO), Gamestop Corporation (GME), HSN (HSNI) and Builders FirstSource (BLDR).

Brinker International's management team includes the folowing people:

• Joseph M. DePinto, Independent Chairman of the Board
• Wyman T. Roberts, President, Chief Executive Officer, Director
• Joseph Taylor, Chief Financial Officer, Senior Vice President
• John C. Cywinski, Executive Vice President - Strategic Innovation
• Steve D. Provost, Executive Vice President and Chief Marketing and Innovation Officer - Chili's Grill & Bar
• Kelli A. Valade, Executive Vice President, President of Chili’s Grill & Bar
• David Roy Doyle, Senior Vice President, Chief Information Officer
• Scarlett A. May, Senior Vice President, General Counsel, Secretary
• Rick Badgley, Senior Vice President, Chief People Officer
• Charles A. Lousignont, Senior Vice President - Supply Chain Management

Brinker International's stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMORGAN CHASE & COMPANY (10.60%), Foster & Motley Inc. (0.04%), State Treasurer State of Michigan (0.04%) and Shell Asset Management Co. (0.02%). Company insiders that own Brinker International stock include David Roy Doyle, George R Mrkonic Jr, Harriet Edelman, Joseph G Taylor, Kelli Valade, Krista M Gibson, Michael A George, Roger F Thomson, Steve Provost, Thomas Jr Edwards and Wyman Roberts. View Institutional Ownership Trends for Brinker International.

Brinker International's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Brinker International stock in the last year include David Roy Doyle, Harriet Edelman, Joseph G Taylor, Kelli Valade and Steve Provost. View Insider Buying and Selling for Brinker International.

Brinker International's stock was purchased by a variety of institutional investors in the last quarter, including Foster & Motley Inc. and Shell Asset Management Co.. Company insiders that have bought Brinker International stock in the last two years include Michael A George and Thomas Jr Edwards. View Insider Buying and Selling for Brinker International.

Shares of Brinker International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Brinker International stock can currently be purchased for approximately $31.87.