Brinker International Company Profile (NYSE:EAT)

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

Brinker International announced a quarterly dividend on Thursday, August 10th. Investors 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 dividend on an annualized basis and a dividend yield of 4.68%. 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 has initiated a share repurchase plan on Friday, August 11th 2017, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 14.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

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

Brinker International is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Brinker International.

Brinker International issued an update on its FY18 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of $3.25-3.35 for the period, compared to the Thomson Reuters consensus earnings per share 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.

15 brokerages have issued 1 year target prices for Brinker International's shares. Their predictions range from $36.00 to $52.00. On average, they anticipate Brinker International's stock price to reach $44.45 in the next year. 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 aggressive 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 the bottom as well as the top line. Also, various operational, remodeling and digital initiatives are likely to drive growth. However, the company’s revenues missed the Zacks Consensus Estimate in eight of the trailing ten quarters, mainly due to traffic decline at its restaurants. Also, Brinker’s shares have underperformed the industry year to date. Further, higher labor as well as costs related to various initiatives might continue to hurt margins, while overall choppiness in the restaurant space might keep on pressurizing comps in the coming quarters." (9/15/2017)
• 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)

Some companies that are related to Brinker International include Dick's Sporting Goods (DKS), Performance Food Group Company (PFGC), Lithia Motors (LAD), Jack In The Box (JACK), Five Below (FIVE), Aaron's, (AAN), PriceSmart (PSMT), Papa John's International (PZZA), Urban Outfitters (URBN), Sprouts Farmers Market (SFM), Groupon (GRPN), Rite Aid Corporation (RAD), Sally Beauty Holdings (SBH), American Eagle Outfitters (AEO), Office Depot (ODP), Dave & Buster's Entertainment (PLAY), Big Lots (BIG) and Arcos Dorados Holdings (ARCO).

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 shareholders include Vanguard Group Inc. (12.01%), BlackRock Inc. (10.38%), LSV Asset Management (7.11%), State Street Corp (3.50%), Alliancebernstein L.P. (3.37%) and Cooke & Bieler LP (3.11%). 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 Schroder Investment Management Group, Alliancebernstein L.P., Bessemer Group Inc., Canada Pension Plan Investment Board, Russell Investments Group Ltd., Boston Financial Mangement LLC, Reinhart Partners Inc. and Cambiar Investors LLC. 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 Marshall Wace North America L.P., BlackRock Inc., Balyasny Asset Management LLC, Koch Industries Inc., Vanguard Group Inc., Gotham Asset Management LLC, Northern Trust Corp and State Street Corp. 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 $32.49.