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

Brinker International's stock was trading at $21.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EAT stock has decreased by 48.5% and is now trading at $11.07. 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 quarterly earnings data on Wednesday, January, 29th. The restaurant operator reported $1.01 EPS for the quarter, topping the consensus estimate of $0.95 by $0.06. The restaurant operator earned $869.30 million during 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%. The firm's quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the company earned $0.89 earnings per share. View Brinker International's earnings history.

Brinker International announced a quarterly dividend on Wednesday, January 29th. Shareholders 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 yield of 13.73%. The ex-dividend date of this dividend is Thursday, March 5th. View Brinker International's dividend history.

Brinker International updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $4.25-4.55 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 1-year price targets for Brinker International's shares. Their forecasts range from $36.00 to $58.00. On average, they anticipate Brinker International's stock price to reach $46.95 in the next twelve months. This suggests a possible upside of 324.1% from the stock's current price. View analysts' price targets for Brinker International.

News coverage about EAT stock has been trending extremely positive on Saturday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brinker International earned a daily sentiment score of 5.0 on InfoTrie's scale. They also assigned media coverage about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. 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 trading volume, of 982,500 shares, the days-to-cover ratio is currently 7.0 days. Currently, 18.7% of the shares of the company 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), Bloomin' Brands (BLMN), Jack in the Box (JACK) and Denny's (DENN).

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), Wells Fargo & Co (WFC), AbbVie (ABBV), Ford Motor (F), General Motors (GM), Verizon Communications (VZ) and QUALCOMM (QCOM).

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

Brinker International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (7.52%), Franklin Resources Inc. (4.02%), Franklin Resources Inc. (4.02%), Prudential Financial Inc. (3.89%), State Street Corp (3.55%) and Clark Capital Management Group Inc. (3.09%). Company insiders that own Brinker International stock include Charles A Lousignont, David Roy Doyle, Joseph G Taylor, Kelli Valade, Kelly C Baltes, Michaela M Ware, Steve Provost, Wade Allen and Wyman Roberts. View institutional ownership trends for Brinker International.

EAT stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Man Group plc, AQR Capital Management LLC, Bank of America Corp DE, Prudential Financial Inc., Bank of New York Mellon Corp, Citigroup Inc., and Russell Investments Group Ltd.. Company insiders that have sold Brinker International company stock in the last year include Michaela M Ware, Steve Provost, and Wade Allen. View insider buying and selling activity for Brinker International.

EAT stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Franklin Street Capital Partners LLC, Franklin Resources Inc., Franklin Resources Inc., Carolina Wealth Advisors LLC, and UBS Group AG. Company insiders that have bought Brinker International stock in the last two years include Charles A Lousignont, Joseph G Taylor, Kelly C Baltes, and Wyman Roberts. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of EAT stock can currently be purchased for approximately $11.07.

Brinker International has a market capitalization of $414.10 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]