About Brinker International (NYSE:EAT)
Brinker International, Inc. is engaged in the ownership, operation, development, and franchising of the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy (Maggiano's) restaurant brands. The Company's Chili's operates Bar & Grill category of casual dining. Chili's menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa. Maggiano's is a full-service, casual dining Italian restaurant brand. Its Maggiano's restaurants feature individual and family-style menus, and its restaurants also has banquet facilities designed to host party business or social events. The Company owns, operates or franchises restaurants, which include approximately 1,650 restaurants in the United States, over 30 countries and approximately two territories outside of the United States.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Commercial Food Services
- Sub-Industry: Restaurants
- Symbol: NYSE:EAT
- CUSIP: 10964110
- Web: www.brinker.com
- Market Cap: $1.54 billion
- Outstanding Shares: 48,454,000
- 50 Day Moving Avg: $31.81
- 200 Day Moving Avg: $37.13
- 52 Week Range: $29.50 - $55.84
Sales & Book Value:
- Trailing P/E Ratio: 10.84
- Foreward P/E Ratio: 9.29
- P/E Growth: 1.09
- Annual Revenue: $3.15 billion
- Price / Sales: 0.49
- Book Value: ($10.19) per share
- Price / Book: -3.13
- Annual Dividend: $1.52
- Dividend Yield: 4.7%
- EBITDA: $435.24 million
- Net Margins: 4.79%
- Return on Equity: -31.46%
- Return on Assets: 11.30%
- Debt-to-Equity Ratio: -2.67%
- Current Ratio: 0.35%
- Quick Ratio: 0.29%
- Average Volume: 1.30 million shs.
- Beta: 0.26
- Short Ratio: 8.39
Frequently Asked Questions for Brinker International (NYSE:EAT)
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 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.
How will Brinker International's stock buyback program work?
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.
How were Brinker International's earnings last quarter?
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.
When will Brinker International make its next earnings announcement?
What guidance has Brinker International issued on next quarter's earnings?
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.
Where is Brinker International's stock going? Where will Brinker International's stock price be in 2017?
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.
What are analysts saying about Brinker International stock?
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)
Who are some of Brinker International's key competitors?
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).
Who are Brinker International's key executives?
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
Who owns Brinker International stock?
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.
Who sold Brinker International stock? Who is selling Brinker International stock?
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.
Who bought Brinker International stock? Who is buying Brinker International stock?
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.
How do I buy Brinker International stock?
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.
What is Brinker International's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Brinker International stock can currently be purchased for approximately $31.87.
Consensus Ratings for Brinker International (NYSE:EAT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 12 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.13)|
|Consensus Price Target: ||$41.75 (31.00% upside)|Consensus Price Target History for Brinker International (NYSE:EAT)
Analysts' Ratings History for Brinker International (NYSE:EAT)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Barclays PLC||Lower Price Target||Equal Weight||$41.00 -> $38.00||N/A|
|10/11/2017||Stephens||Lower Price Target||Equal Weight||$40.00 -> $34.00||N/A|
|10/2/2017||Stifel Nicolaus||Initiated Coverage||Hold -> Hold||$36.00||Medium|
|10/1/2017||Canaccord Genuity||Reiterated Rating||Hold||$40.00||Medium|
|9/19/2017||Telsey Advisory Group||Lower Price Target||Market Perform -> Market Perform||$40.00 -> $37.00||Low|
|9/12/2017||Maxim Group||Reiterated Rating||Buy||$49.00||High|
|8/12/2017||BMO Capital Markets||Set Price Target||Hold||$36.00||Low|
|8/11/2017||Piper Jaffray Companies||Reiterated Rating||Hold||Low|
|8/9/2017||Royal Bank Of Canada||Reiterated Rating||Sector Perform||$49.00 -> $40.00||High|
|7/25/2017||Sanford C. Bernstein||Reiterated Rating||Market Perform||$50.00||Medium|
|7/24/2017||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||Medium|
|6/15/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$48.00 -> $44.00||High|
|4/21/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||Low|
|1/17/2017||Morgan Stanley||Downgrade||Equal Weight -> Underweight||$47.00||N/A|
|10/23/2016||Wells Fargo & Company||Reiterated Rating||Market Perform||$50.00||N/A|
|6/13/2016||Sterne Agee CRT||Reiterated Rating||Buy||$51.00||N/A|
|6/9/2016||BTIG Research||Reiterated Rating||Neutral||N/A|
|6/6/2016||Topeka Capital Markets||Initiated Coverage||Outperform||N/A|
|4/11/2016||OTR Global||Upgrade||Equal Weight||N/A|
|4/2/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Hold||N/A|
|3/28/2016||Wunderlich||Downgrade||Buy -> Hold||$59.00 -> $65.00||N/A|
|3/28/2016||Susquehanna Bancshares Inc||Boost Price Target||Neutral||$42.00 -> $45.00||N/A|
|3/28/2016||KeyCorp||Boost Price Target||Buy -> Buy||$50.00 -> $55.00||N/A|
|3/28/2016||Credit Suisse Group||Boost Price Target||Outperform||$54.00 -> $55.00||N/A|
|3/28/2016||Citigroup Inc.||Boost Price Target||Buy||$49.00 -> $59.00||N/A|
|1/21/2016||Bank of America Corporation||Lower Price Target||Underperform||$55.00 -> $53.00||N/A|
Earnings History for Brinker International (NYSE:EAT)Earnings History by Quarter for Brinker International (NYSE EAT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||Q4 2017||$1.04||$1.09||$809.94 million||$810.66 million||View||N/A|
|4/25/2017||Q3 2017||$0.85||$0.94||$817.50 million||$810.60 million||View||N/A|
|1/25/2017||Q217||$0.75||$0.71||$792.60 million||$771.00 million||View||Listen|
|10/25/2016||Q117||$0.55||$0.49||$773.19 million||$758.50 million||View||Listen|
|8/11/2016||Q416||$1.23||$1.24||$881.43 million||$881.70 million||View||Listen|
|4/19/2016||Q316||$0.99||$1.00||$845.75 million||$824.60 million||View||Listen|
|1/20/2016||Q216||$0.75||$0.78||$799.30 million||$788.60 million||View||Listen|
|10/20/2015||Q116||$0.55||$0.56||$775.71 million||$762.60 million||View||Listen|
|8/6/2015||Q415||$0.96||$0.94||$785.69 million||$764.10 million||View||Listen|
|4/21/2015||Q3||$0.93||$0.94||$791.81 million||$761.70 million||View||Listen|
|1/28/2015||Q215||$0.68||$0.71||$735.18 million||$742.90 million||View||Listen|
|10/21/2014||Q115||$0.50||$0.50||$708.90 million||$686.90 million||View||Listen|
|8/7/2014||Q414||$0.86||$0.85||$968.45 million||$758.73 million||View||Listen|
|4/23/2014||Q314||$0.83||$0.84||$767.18 million||$739.20 million||View||Listen|
|1/22/2014||Q214||$0.58||$0.59||$699.49 million||$684.40 million||View||Listen|
|10/23/2013||Q114||$0.45||$0.43||$685.85 million||$683.92 million||View||Listen|
|8/2/2013||Q4 2013||$0.74||$0.77||$736.31 million||$730.07 million||View||Listen|
|4/23/2013||Q3 2013||$0.69||$0.72||$741.55 million||$632.60 million||View||Listen|
|1/22/2013||Q2 2013||$0.50||$0.50||$692.69 million||$689.76 million||View||Listen|
Earnings Estimates for Brinker International (NYSE:EAT)
2017 EPS Consensus Estimate: $3.26
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Brinker International (NYSE:EAT)
|Most Recent Dividend:||9/28/2017|
|Dividend Growth:||14.50% (3 Year Average)|
|Payout Ratio:||50.84% (Trailing 12 Months of Earnings) |
47.06% (Based on This Year's Estimates)
44.31% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Brinker International (NYSE EAT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Brinker International (NYSE:EAT)
Insider Ownership Percentage: 1.91%Insider Trades by Quarter for Brinker International (NYSE:EAT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/6/2017||Michael A George||Director||Buy||16,450||$30.31||$498,599.50|| |
|5/11/2017||Steve Provost||EVP||Sell||2,750||$44.06||$121,165.00|| |
|5/2/2017||David Roy Doyle||SVP||Sell||7,182||$44.41||$318,952.62|| |
|3/14/2017||Joseph G. Taylor||VP||Sell||500||$42.86||$21,430.00|| |
|3/1/2017||Harriet Edelman||Director||Sell||3,218||$42.45||$136,604.10|| |
|2/10/2017||Kelli Valade||EVP||Sell||10,500||$45.81||$481,005.00|| |
|11/18/2016||Steve Provost||Insider||Sell||9,728||$53.91||$524,436.48|| |
|11/9/2016||Joseph G Taylor||VP||Sell||1,500||$51.69||$77,535.00|| |
|9/2/2016||Krista M Gibson||Insider||Sell||19,000||$53.27||$1,012,130.00|| |
|9/1/2016||Joseph G Taylor||VP||Sell||672||$53.44||$35,911.68|| |
|8/25/2016||Wyman Roberts||Insider||Sell||30,000||$54.26||$1,627,800.00|| |
|8/24/2016||Steve Provost||Insider||Sell||11,000||$54.56||$600,160.00|| |
|8/15/2016||David Roy Doyle||SVP||Sell||15,187||$54.32||$824,957.84|| |
|8/12/2016||Wyman Roberts||Insider||Sell||41,722||$53.00||$2,211,266.00|| |
|5/3/2016||Joseph G Taylor||VP||Sell||2,500||$46.87||$117,175.00|| |
|4/27/2016||Thomas Jr. Edwards||CFO||Buy||5,500||$45.50||$250,250.00|| |
|2/11/2016||Roger F. Thomson||EVP||Sell||55,409||$46.69||$2,587,046.21|| |
|2/9/2016||George R Mrkonic Jr||Director||Sell||5,584||$46.98||$262,336.32|| |
|2/9/2016||Roger F Thomson||EVP||Sell||11,460||$46.55||$533,463.00|| |
|1/27/2016||Joseph G Taylor||VP||Sell||1,000||$50.12||$50,120.00|| |
|11/3/2015||Roger F Thomson||EVP||Sell||7,500||$46.50||$348,750.00|| |
|9/3/2015||Steve Provost||Insider||Sell||20,000||$54.00||$1,080,000.00|| |
|8/25/2015||David Roy Doyle||SVP||Sell||6,002||$53.58||$321,587.16|| |
|8/25/2015||Krista M Gibson||CMO||Sell||16,945||$53.25||$902,321.25|| |
|4/27/2015||Harriet Edelman||Director||Sell||3,981||$57.63||$229,425.03|| |
|2/19/2015||Wyman Roberts||CEO||Sell||14,465||$63.10||$912,741.50|| |
|2/10/2015||George R Mrkonic Jr||Director||Sell||6,909||$59.26||$409,427.34|| |
|11/11/2014||David Roy Doyle||SVP||Sell||10,000||$55.18||$551,800.00|| |
|11/6/2014||David Roy Doyle||SVP||Sell||1,666||$53.68||$89,430.88|| |
|10/28/2014||Krista M Gibson||CMO||Sell||8,679||$52.32||$454,085.28|| |
|9/3/2014||Harriet Edelman||Director||Sell||7,514||$49.01||$368,261.14|| |
|8/22/2014||Roger F Thomson||EVP||Sell||27,000||$49.38||$1,333,260.00|| |
|8/15/2014||David R Parsley||VP||Sell||5,993||$46.72||$279,992.96|| |
|8/13/2014||Wyman Roberts||CEO||Sell||3,899||$46.80||$182,473.20|| |
|2/18/2014||Wyman Roberts||CEO||Sell||15,000||$50.18||$752,700.00|| |
|2/13/2014||Krista Gibson||SVP||Sell||4,780||$50.21||$240,003.80|| |
|2/10/2014||George Mrkonic, Jr.||Director||Sell||11,783||$49.10||$578,545.30|| |
|1/24/2014||David Roy Doyle||SVP||Sell||25,986||$49.91||$1,296,961.26|| |
|1/24/2014||Roger Thomson||CAO||Sell||14,452||$50.12||$724,334.24|| |
|12/6/2013||Rosendo Parra||Director||Sell||5,863||$45.60||$267,352.80|| |
|11/11/2013||Roger Thomson||CAO||Sell||26,629||$46.03||$1,225,732.87|| |
|10/29/2013||Michael A George||Director||Buy||10,000||$44.15||$441,500.00|| |
|10/25/2013||William T Giles||Director||Buy||6,000||$42.69||$256,140.00|| |
|9/20/2013||Harriet Edelman||Director||Sell||6,000||$40.94||$245,640.00|| |
|9/11/2013||Steve Provost||Insider||Sell||10,000||$39.75||$397,500.00|| |
|9/5/2013||David Roy Doyle||SVP||Sell||25,808||$39.32||$1,014,770.56|| |
|8/28/2013||Wyman Roberts||CEO||Sell||17,000||$40.66||$691,220.00|| |
|8/20/2013||Wyman Roberts||CEO||Sell||6,300||$41.75||$263,025.00|| |
|8/19/2013||Kelli Valade||COO||Sell||12,713||$41.59||$528,733.67|| |
|8/16/2013||David Parsley||VP||Sell||7,700||$42.00||$323,400.00|| |
|8/15/2013||David Parsley||VP||Sell||10,815||$42.10||$455,311.50|| |
|8/14/2013||Krista Gibson||SVP||Sell||8,839||$42.72||$377,602.08|| |
|5/22/2013||Guy J Constant||CFO||Sell||5,250||$41.57||$218,242.50|| |
|5/22/2013||Roger F Thomson||CAO||Sell||6,619||$41.62||$275,482.78|| |
|5/10/2013||Douglas H Brooks||Chairman||Sell||74,745||$40.54||$3,030,162.30|| |
|5/10/2013||Krista M Gibson||SVP||Sell||15,476||$40.73||$630,337.48|| |
|5/10/2013||Wyman Roberts||CEO||Sell||32,429||$40.50||$1,313,374.50|| |
|11/1/2012||Kelli Valade||COO||Sell||12,970||$30.88||$400,513.60|| |
Headline Trends for Brinker International (NYSE:EAT)
Latest Headlines for Brinker International (NYSE:EAT)
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Brinker International (EAT) Chart for Monday, October, 23, 2017