Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Darden Restaurants (DRI)
NYSE:DRI
Darden Restaurants (DRI) Stock Price & Analysis
1,303 Followers
DRI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$131.20 - $175.37
Previous Close$155.9
Volume1.55M
Average Volume (3M)1.17M
Market Cap
$18.61B
Enterprise Value$23.67B
Total Cash (Recent Filing)$243.90M
Total Debt (Recent Filing)$5.30B
Price to Earnings (P/E)18.3
Beta0.75
Next Earnings
Jun 20, 2024EPS Estimate
$2.62Last Dividend Ex-Date
Apr 09, 2024Dividend Yield3.3%
Share Statistics
EPS (TTM)8.53
Shares Outstanding119,358,947
10 Day Avg. Volume1,093,411
30 Day Avg. Volume1,169,449
Standard Deviation0.10
R-Squared0.43
Alpha-0.00155
Financial Highlights & Ratios
Price to Book (P/B)-50.99
Price to Sales (P/S)6.28
Price to Cash Flow (P/CF)7.90
P/FCF Ratio10.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.11
Enterprise Value/Gross Profit11.36
Enterprise Value/Ebitda17.83
Forecast
1Y Price Target
$180.00Price Target Upside14.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Darden Restaurants News
PremiumCompany Announcements
Darden Announces Leadership Change for Future Growth
Bulls Say, Bears Say
Bulls Say
Company StrategyManagement has the right strategy for profitable growth, leveraging pricing and advertising to achieve financial targets.
Competitive PositionDarden's leadership gap to the casual dining segment on comp and traffic expanded, demonstrating Darden taking incremental share.
Financial PerformanceAnalyst maintains above consensus F24E EPS for DRI, indicating confidence in the company's financial performance.
Bears Say
Company GuidanceManagement is guiding 4QF24 consolidated same-store sales of (0.5%)-1.0%, well below initial estimates.
Consumer SpendingLower income consumers have taken a sharper step down, presenting a challenge as they face mounting challenges into the next year.
Sales PerformanceSales trends remain pressured, uncertain if this is the new trend.
---
Ownership Overview
13.75% Insiders
42.78% Mutual Funds
26.55% Other Institutional Investors
16.92% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Darden Restaurants
Desktop Users
Mobile Users
DRI FAQ
What was Darden Restaurants’s price range in the past 12 months?
Darden Restaurants lowest stock price was $131.20 and its highest was $175.37 in the past 12 months.
What is Darden Restaurants’s market cap?
Currently, no data Available
When is Darden Restaurants’s upcoming earnings report date?
Darden Restaurants’s upcoming earnings report date is Jun 20, 2024 which is in 55 days.
How were Darden Restaurants’s earnings last quarter?
Darden Restaurants released its earnings results on Mar 21, 2024. The company reported $2.62 earnings per share for the quarter, missing the consensus estimate of $2.623 by -$0.003.
Is Darden Restaurants overvalued?
According to Wall Street analysts Darden Restaurants’s price is currently Undervalued.
Does Darden Restaurants pay dividends?
Darden Restaurants pays a Quarterly dividend of $1.31 which represents an annual dividend yield of 3.3%. See more information on Darden Restaurants dividends here
What is Darden Restaurants’s EPS estimate?
Darden Restaurants’s EPS estimate is $2.62.
How many shares outstanding does Darden Restaurants have?
Darden Restaurants has 119,358,950 shares outstanding.
What happened to Darden Restaurants’s price movement after its last earnings report?
Darden Restaurants reported an EPS of $2.62 in its last earnings report, missing expectations of $2.623. Following the earnings report the stock price went down -6.492%.
Which hedge fund is a major shareholder of Darden Restaurants?
Among the largest hedge funds holding Darden Restaurants’s share is Bridgewater Associates, LP. It holds Darden Restaurants’s shares valued at 24M.
---
Darden Restaurants Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$180.00 (14.99% Upside)
$180.00 (14.99% Upside)
Blogger Sentiment
Bullish
DRI Sentiment 86%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $192.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.51%
12-Months-Change
Fundamentals
Return on Equity
49.05%
Trailing 12-Months
Asset Growth
12.73%
Trailing 12-Months
Company Description
Darden Restaurants
Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment comprises of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants; and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.
---
DRI Company Deck
---
DRI Earnings Call
Q3 2024
0:00 / 0:00
---
DRI Sales Breakdown
46.51% Olive Garden
24.91% LongHorn Steakhouse
7.92% Fine Dining
20.66% Other
---
DRI Stock 12 Months Forecast
Average Price Target
$180.00
▲(14.99% Upside)
Technical Analysis
Best Analysts Covering DRI
1 Year
1 Year Success Rate
21/24 ratings generated profit
1 Year Average Return
+18.50%
reiterated a buy rating last month
Copying Chris O`Cull's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +18.50% per trade.
---