Darden Restaurants, Inc. (DRI)

NYSE: DRI · IEX Real-Time Price · USD
-1.99 (-1.37%)
At close: Sep 22, 2023, 4:02 PM
+0.05 (0.03%)
After-hours: Sep 22, 2023, 7:55 PM EDT
Market Cap 17.35B
Revenue (ttm) 10.77B
Net Income (ttm) 983.40M
Shares Out 120.87M
EPS (ttm) 8.03
PE Ratio 17.87
Forward PE 16.21
Dividend $5.24 (3.65%)
Ex-Dividend Date Oct 6, 2023
Volume 1,631,290
Open 145.55
Previous Close 145.49
Day's Range 143.37 - 145.84
52-Week Range 120.20 - 173.06
Beta 1.23
Analysts Buy
Price Target 166.65 (+16.13%)
Earnings Date Sep 21, 2023

About DRI

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brands. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida. [Read more]

Industry Restaurants
IPO Date May 5, 1995
Employees 187,384
Stock Exchange NYSE
Ticker Symbol DRI
Full Company Profile

Financial Performance

In 2023, DRI's revenue was $10.49 billion, an increase of 8.91% compared to the previous year's $9.63 billion. Earnings were $981.90 million, an increase of 3.05%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for DRI stock is "Buy." The 12-month stock price forecast is $166.65, which is an increase of 16.13% from the latest price.

Price Target
(16.13% upside)
Analyst Consensus: Buy
Stock Forecasts


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1 day ago - New York Post

Darden Says Customers Are Drinking Cheaper Alcohol

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1 day ago - Bloomberg Markets and Finance

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2 days ago - CNN Business

Darden beats Q1 expectations, cautious on consumer spending

While Darden Restaurants Inc. (DRI) has expanded with many new restaurants and beat first-quarter earnings expectations, should the Olive Garden parent company be concerned about their investment? Foo...

2 days ago - Yahoo Finance

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2 days ago - PYMNTS

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2 days ago - WSJ

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2 days ago - Market Watch

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2 days ago - CNBC

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ORLANDO, Fla. , Sept. 21, 2023 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the first quarter ended August 27, 2023.

2 days ago - PRNewsWire

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3 days ago - MarketBeat

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15 days ago - CNBC Television

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16 days ago - Benzinga

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17 days ago - CNBC Television


ORLANDO, Fla. , Aug. 24, 2023 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2024 first quarter financial results before the market opens on Thursday, September 21, 2...

4 weeks ago - PRNewsWire

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3 months ago - MarketBeat

Darden earnings miss on fine dining, strategist says, consumer is still 'in good shape'

iCapital Chief Investment Strategist Anastasia Amoroso spoke with Yahoo Finance Live anchors Julie Hyman and Diane King Hall about Darden earnings and why consumers are prioritizing and pulling back o...

3 months ago - Yahoo Finance

Darden reports a slowdown in fine dining: ‘I think this segment will remain strong'

Darden Restaurants Inc (NYSE: DRI) is slightly in the red this morning even though it reported a strong fourth quarter and issued upbeat future guidance. Why is Darden stock down today?

3 months ago - Invezz

Darden Restaurants: Ring The Register Or Time To Buy?

Darden Restaurants NYSE: DRI Q4 results and guidance were insufficient to spark a rally, but neither are they a good reason to sell the stock. The company is performing well in a tough environment and...

3 months ago - MarketBeat

Darden Restaurants net income rises by 11.8%, while its profit outlook beats estimates

Darden Restaurants Inc. DRI, +0.36%, owner of Olive Garden and Longhorn Steak House, on Thursday reported an 11.8% increase in fourth-quarter net income to $315.1 million, or $2.61 a share, from $281....

3 months ago - Market Watch

Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales

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3 months ago - CNBC

Darden Restaurants, Inc. Announces Retirement of Board Chairman

ORLANDO, Fla. , June 22, 2023 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) ("Darden" and "the Company") and Eugene I.

3 months ago - PRNewsWire

Darden Restaurants Reports Fiscal 2023 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; And Provides Fiscal 2024 Outlook

ORLANDO, Fla. , June 22, 2023 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 28, 2023.

3 months ago - PRNewsWire

Darden Restaurants Completes Acquisition of Ruth's Hospitality Group

ORLANDO, Fla. , June 14, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE: DRI), announced today that it has completed its acquisition of Ruth's Hospitality Group, Inc. ("Ruth's").

3 months ago - PRNewsWire