Brinker International, Inc, together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. As of June 27, 2018, it owned, operated, or franchised 1,686 restaurants comprising 997 company-owned restaurants and 689 franchised restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brand names.
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Industry, Sector and Symbol
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Phone972-980-9917
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.22 billion
Profitability
Miscellaneous
Employees58,478
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Monday, August 12th. Shareholders of record on Friday, September 6th will be paid a dividend of $0.38 per share on Thursday, September 26th. This represents a $1.52 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Thursday, September 5th. View Brinker International's Dividend History.
How were Brinker International's earnings last quarter?
Brinker International, Inc. (NYSE:EAT) posted its quarterly earnings results on Tuesday, August, 13th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.35 by $0.01. The restaurant operator had revenue of $834.10 million for the quarter, compared to analysts' expectations of $834.69 million. Brinker International had a negative return on equity of 18.81% and a net margin of 4.81%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 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 FY20 earnings guidance on Tuesday, August, 13th. The company provided earnings per share (EPS) guidance of $4.15-4.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.01. The company issued revenue guidance of +9-10% to $3.39-3.42 billion, compared to the consensus revenue estimate of $3.27 billion.
What price target have analysts set for EAT?
18 equities research analysts have issued 1-year target prices for Brinker International's shares. Their forecasts range from $36.00 to $58.00. On average, they expect Brinker International's stock price to reach $43.8125 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Brinker International.
What is the consensus analysts' recommendation for Brinker International?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 2 sell ratings, 9 hold ratings and 7 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 maintain our Buy rating and $58 price target on Brinker International (EAT) following yesterday’s Investor Day conference at the company’s headquarters in Coppell, TX." (8/16/2019)
- 2. Evercore ISI analysts commented, "We believe Chili’s company-owned stores are likely to continue the trend of outperforming franchised stores given the high company-owned coastal and Texas exposure (a relative outperformer during the quarter). Our FY20e Chili’s company-owned SSS growth remains 1.5% (vs. cons. 1.5% and FY19e SSS of 2.3%) with our base case assumption being that delivery with DoorDash partially offsets lower value lift (lapping 3 for $10) and Chili’s recent industry outperformance (see Figure 3) can continue amid likely slowing industry trends. We are increasing cons. $4.01) based on the accretive acquisition of 116 franchised locations from ERJ (EVRe ~2pp accretive; see Figure 1) and labor productivity. Our target moves from $40 to $42 and is based on a 10x $4.21 multiple which equates to an 11.8% FY21 FCF yield." (8/13/2019)
- 3. According to Zacks Investment Research, "Although shares of Brinker have underperformed the industry in a year’s time, we are encouraged by the company's robust top- and bottom-line growth in the third quarter of fiscal 2019. Its traffic-building strategies and efforts to capture increased market share boosted the performance. Brinker’s strong To-Go business continues to drive the performance. Meanwhile, Chili’s turnaround strategy started to pay off. Increased focus on company-owned restaurants, which allows the company to have full control over operations, is also expected to boost results. However, high costs associated with restaurant operations might hurt its profitability in the future. Further, dismal performance of international franchise comparable sales at Chili's restaurants is a major concern. The company is plagued with intense competition characterizing the industry." (5/3/2019)
Has Brinker International been receiving favorable news coverage?
News stories about EAT stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brinker International earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the restaurant operator a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Brinker International.
Are investors shorting Brinker International?
Brinker International saw a increase in short interest in July. As of July 31st, there was short interest totalling 14,431,800 shares, an increase of 7.0% from the June 30th total of 13,493,000 shares. Based on an average daily volume of 892,400 shares, the short-interest ratio is currently 16.2 days. Approximately 39.2% of the shares of the company 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 Cracker Barrel Old Country Store (CBRL), Texas Roadhouse (TXRH), Wingstop (WING), Main Street Capital (MAIN), Jack in the Box (JACK), Cheesecake Factory (CAKE), Dave & Buster's Entertainment (PLAY), Arcos Dorados (ARCO), Denny's (DENN), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Bojangles (BOJA) and Ruth's Hospitality Group (RUTH).
What other stocks do shareholders of Brinker International own?
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 60)
- Mr. Joseph G. Taylor, Sr. VP & CFO (Age 60)
- Mr. Richard Badgley, Sr. VP & Chief People Officer (Age 51)
- Mr. Steve D. Provost, Exec. VP and Chief Marketing & Innovation Officer of Chili's Grill & Bar (Age 59)
- Ms. Mika Ware, VP of Fin. & Investor Relations
Who are Brinker International's major shareholders?
Brinker International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (18.84%), BlackRock Inc. (13.81%), LSV Asset Management (8.07%), JPMorgan Chase & Co. (7.30%), Invesco Ltd. (3.28%) and AQR Capital Management LLC (3.14%). Company insiders that own Brinker International stock include Andres Tinajero, Charles A Lousignont, David Roy Doyle, Joseph G Taylor, Kelli Valade, Kelly C Baltes, Michael A George, Michaela M Ware, Steve Provost, Wade Allen 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 Bessemer Group Inc., Canada Pension Plan Investment Board, Schroder Investment Management Group, Schroder Investment Management Group, LSV Asset Management, Bank of America Corp DE, Acadian Asset Management LLC and Wells Fargo & Company MN. Company insiders that have sold Brinker International company stock in the last year include Joseph G Taylor, Kelli Valade, Michaela M Ware, Steve Provost, Wade Allen 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 Skandinaviska Enskilda Banken AB publ , Prudential Financial Inc., Vanguard Group Inc., Holocene Advisors LP, BlackRock Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co. and Allianz Asset Management GmbH. Company insiders that have bought Brinker International stock in the last two years include Charles A Lousignont, Kelly C Baltes and Michael A George. 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 $38.64.
How big of a company is Brinker International?
Brinker International has a market capitalization of $1.45 billion 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 58,478 workers across the globe.View Additional Information About Brinker International.
What is Brinker International's official website?
How can I contact Brinker International?
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]
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.
