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Darden Restaurants, Inc. (DRI)

NYSE: DRI · IEX Real-Time Price · USD
145.40 -0.22 (-0.15%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap18.73B
Revenue (ttm)7.97B
Net Income (ttm)824.10M
Shares Out130.30M
EPS (ttm)6.25
PE Ratio23.26
Forward PE19.69
Dividend$2.65 (1.82%)
Ex-Dividend DateOct 7, 2021
Volume712,812
Open145.20
Previous Close145.62
Day's Range143.44 - 146.05
52-Week Range87.91 - 163.13
Beta1.50
AnalystsBuy
Price Target169.65 (+16.7%)
Est. Earnings DateDec 17, 2021

About DRI

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 30, 2021, it owned and operated 1,834 restaurants, which included 875 under the Olive Garden, 533 under the LongHorn Steakhouse, 170 under the Cheddar's Scratch Kitchen, 81 under the Yard House, 63 under The Capital Grille, 44 under the Seasons 52, 42 under the Bahama Breeze, and 26 under the Eddie V's Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.

IndustryHotels, Restaurants & Leisure
IPO DateMay 5, 1995
CEOEugene Lee
Employees156,883
Stock ExchangeNYSE
Ticker SymbolDRI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for DRI stock is "Buy." The 12-month stock price forecast is 169.65, which is an increase of 16.68% from the latest price.

Price Target
$169.65
(16.68% upside)
Analyst Consensus: Buy

News

4 Solid Stocks to Buy on Higher September Restaurant Sales

The restaurant industry is finally showing signs of recovery with sales picking up. This is helping companies like Denny's Corporation (DENN), Papa John's International (PZZA) and Darden Restaurants (DRI).

Other symbols:DENNPLAYPZZA
4 days ago - Zacks Investment Research

Off-Premise Business Drives Darden (DRI), High Costs Ail

Darden (DRI) continues to focus on simplifying kitchen systems, sales planning and scheduling as well as menu customizations to drive growth. However, high operating costs are a concern.

1 week ago - Zacks Investment Research

Darden Restaurants (DRI) Moves to Buy: Rationale Behind the Upgrade

Darden Restaurants (DRI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 week ago - Zacks Investment Research

Here's Why Darden Restaurants (DRI) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

2 weeks ago - Zacks Investment Research

Tech sector leads market declines

CNBC's Mike Santoli and Ally Chief Investment Strategist Lindsey Bell join Closing Bell to discuss today's markets and why investors are seeing another decline.

Other symbols:GIS
2 weeks ago - CNBC Television

Darden Restaurants: Q1 Earnings Insights

Darden Restaurants(NYSE:DRI) stock fell by 0.5% on Friday after the company reported its Q1 earnings results on Thursday, September 23, 2021 at 07:00 AM. Here's what investors need to know about the ann...

3 weeks ago - Benzinga

Markets Soar as Darden, Nike Show Consumer Strength

Find out what these consumer giants said in their latest financial reports.

Other symbols:NKE
4 weeks ago - The Motley Fool

Olive Garden-parent leans on pasta chain in inflation balloon

Darden Restaurants Inc. is looking for a boost from its Olive Garden chain to help the company navigate the current period of higher inflation.

4 weeks ago - Fox Business

Why Darden Restaurants Stock Is Making New All-Time Highs Today

Darden Restaurants Inc (NYSE: DRI) shares are trading higher Thursday after the company announced better-than-expected first-quarter fiscal 2022 financial results and an additional $750 million share re...

4 weeks ago - Benzinga

Darden (DRI) Stock Up on Q1 Earnings Beat & Upbeat View

Darden's (DRI) first-quarter fiscal 2022 results benefit from solid blended same-restaurant sales and new store openings.

4 weeks ago - Zacks Investment Research

Here's How Much You Would Have Made Owning Darden Restaurants Stock In The Last 20 Years

Darden Restaurants has outperformed the market over the past 90 days by 7.58%, generating a 11.15% return for its investors over the time period. Now, given this information, it may seem like price appr...

1 month ago - Benzinga

Darden Restaurants (DRI) Q1 Earnings and Revenues Surpass Estimates

Darden Restaurants (DRI) delivered earnings and revenue surprises of 7.98% and 3.03%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Darden Restaurants Stock Gains After Strong Q1 Earnings, Raised FY22 Outlook

Darden Restaurants Inc (NYSE: DRI) reported first-quarter FY22 sales growth of 51.3% year-on-year, to $2.31 billion, beating the analyst consensus of $2.24 billion. Blended same-restaurant sales increas...

1 month ago - Benzinga

Darden Restaurants Reports Fiscal 2022 First Quarter Results; Declares Quarterly Dividend; Announces Additional $750 ...

ORLANDO, Fla., Sept. 23, 2021 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the first quarter ended August 29, 2021.

1 month ago - PRNewsWire

Darden Restaurants stock analysis ahead of Q1 earnings

Darden Restaurant Group's (NYSE: DRI) Longhorn Steakhouse had more people visit the restaurant in the spring quarter this year versus the 2019 equivalent, but its other dining brands were struggling. No...

1 month ago - Invezz

Earnings Outlook For Darden Restaurants

DRI is set to give its latest quarterly earnings report on Thursday , 2021-09-23. Here's what investors need to know before the announcement.

1 month ago - Benzinga

Why Darden Restaurants (DRI) Might Surprise This Earnings Season

Darden Restaurants (DRI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Factors Setting the Tone for Darden's (DRI) Q1 Earnings

Darden's (DRI) fiscal first-quarter fiscal 2022 results are likely to reflect sequential improvement in same-restaurant sales across its brands.

1 month ago - Zacks Investment Research

Jim Cramer previews earnings reports from Nike, CostCo and Darden Restaurants

The "Mad Money" host shared his expectations for quarterly earnings reports from Nike, Costco and Darden Restaurants.

Other symbols:COSTNKE
1 month ago - CNBC Television

Darden Restaurants (DRI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Darden Restaurants (DRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Can Darden Restaurants (DRI) Keep the Earnings Surprise Streak Alive?

Darden Restaurants (DRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Darden Restaurants (DRI) Outpaces Stock Market Gains: What You Should Know

Darden Restaurants (DRI) closed the most recent trading day at $151.17, moving +0.35% from the previous trading session.

1 month ago - Zacks Investment Research

Is Darden Restaurants (DRI) Outperforming Other Retail-Wholesale Stocks This Year?

Is (DRI) Outperforming Other Retail-Wholesale Stocks This Year?

1 month ago - Zacks Investment Research

Darden Restaurants To Host Fiscal 2022 First Quarter Conference Call On September 23

ORLANDO, Fla., Aug. 30, 2021 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2022 first quarter financial results before the market opens on Thursday, September 23, 2021...

1 month ago - PRNewsWire

Darden Restaurants (DRI) Dips More Than Broader Markets: What You Should Know

Darden Restaurants (DRI) closed at $148.47 in the latest trading session, marking a -1.13% move from the prior day.

1 month ago - Zacks Investment Research