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Darden Restaurants, Inc. (DRI)

Stock Price: $96.61 USD -2.33 (-2.35%)
Updated Oct 19, 2020 4:03 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 12.58B
Revenue (ttm) 7.20B
Net Income (ttm) -186.90M
Shares Out 130.20M
EPS (ttm) -1.51
PE Ratio n/a
Forward PE 25.97
Dividend $1.20
Dividend Yield 1.24%

Stock Quote

Trading Day Oct 19, 2020
Last Price $96.61
Previous Close $98.94
Change ($) -2.33
Change (%) -2.35%
Day's Open 99.59
Day's Range 96.13 - 100.48
Day's Volume 1,238,805
52-Week Range 26.15 - 124.01

More Stats

Market Cap 12.58B
Enterprise Value 17.12B
Earnings Date (est) Dec 22, 2020
Ex-Dividend Date Oct 8, 2020
Shares Outstanding 130.20M
Float 129.66M
EPS (basic) -1.53
EPS (diluted) -1.51
FCF / Share 2.21
Dividend $1.20
Dividend Yield 1.24%
Earnings Yield n/a
FCF Yield 2.29%
Payout Ratio n/a
Shares Short 6.15M
Short Ratio 2.63
Short % of Float 4.74%
Beta 1.25
PE Ratio n/a
Forward PE 25.97
P/FCF Ratio 43.74
PS Ratio 1.75
PB Ratio 5.42
Revenue 7.20B
Operating Income -97.00M
Net Income -186.90M
Free Cash Flow 287.60M
Net Cash -4.54B
Net Cash / Share -34.86
Gross Margin 19.56%
Operating Margin -1.35%
Profit Margin -2.60%
FCF Margin 3.99%
ROA 1.20%
ROE -7.72%
ROIC -2.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (31)

Buy 17
Overweight 2
Hold 12
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$106.72*
(10.46% upside)
Low
85.0
Current: $96.61
High
128.0
Target: 106.72
*Average 12-month price target from 29 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue7,8078,5108,0807,1706,9346,7646,2865,9215,3277,500
Revenue Growth-8.27%5.33%12.69%3.41%2.51%7.61%6.16%11.15%-28.97%-
Gross Profit1,4081,8491,7451,5691,5411,4231,2951,3041,2391,801
Operating Income47.90833767678622368309400457741
Net Income-52.40713596479375710286412476476
Shares Outstanding123124124124127128131129130137
Earnings Per Share-0.435.694.733.802.905.472.153.133.573.39
EPS Growth-20.3%24.47%31.03%-46.98%154.42%-31.31%-12.32%5.31%-
Dividend Per Share2.643.002.522.248.662.202.202.001.721.28
Dividend Growth-12%19.05%12.5%-74.12%293.45%0%10%16.28%34.38%-
Operating Cash Flow7111,2571,001898778471770949762893
Capital Expenditures-454-439-393-28596.90-229-410-510-455-541
Free Cash Flow257818609613875242360440307352
Cash & Equivalents76345714723327553698.3088.2070.5070.50
Total Debt5,4759289279374401,4672,6862,7132,1211,649
Net Cash / Debt-4,712-470-780-704-165-931-2,588-2,625-2,050-1,578
Assets9,9465,8935,4705,2924,5835,9957,0836,9375,9445,467
Liabilities7,6153,5003,2753,1912,6313,6614,9264,8774,1023,530
Book Value2,3312,3932,1952,1021,9522,3342,1572,0601,8421,936
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Darden Restaurants, Inc.
Country United States
Employees 177,895
CEO Eugene I. Lee

Stock Information

Ticker Symbol DRI
Stock Exchange New York Stock Exchange
Sector Consumer Cyclical
Industry Restaurants
Unique Identifier NYSE: DRI
IPO Date May 5, 1995

Description

Darden Restaurants, through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 31, 2020, it owned and operated approximately 1,804 restaurants, which included 868 under the Olive Garden, 522 under the LongHorn Steakhouse, 165 under the Cheddar's Scratch Kitchen, 81 under the Yard House, 60 under The Capital Grille, 44 under the Seasons 52, 41 under the Bahama Breeze, and 23 under the Eddie V's Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.