Darden Restaurants/DRI

$155.02

1.65%
-
1D1W1MYTD1YMAX

About Darden Restaurants

Darden Restaurants, Inc. (Darden) is a full-service restaurant company. The Company owns and operates more than 1,850 restaurants. The Company’s brand portfolio includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar’s Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze. Darden's segments include Olive Garden, LongHorn Steakhouse, Fine Dining and Other Business. The Olive Garden segment includes its Company-owned Olive Garden restaurants in the United States and Canada. The LongHorn Steakhouse segment includes the results of its Company-owned LongHorn Steakhouse restaurants in the United States. The Fine Dining segment consists of premium brands that operate within the fine-dining sub-segment of full-service dining and includes its Company-owned The Capital Grille and Eddie V’s restaurants in the United States. Ruth's Chris Steak House offers signature USDA Prime steaks.

Ticker

DRI

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Restaurants

CEO

Ricardo Cardenas

Employees

187,384

Headquarters

Orlando, United States

DRI Metrics

BasicAdvanced
$18.2B
Market cap
17.87
P/E ratio
$8.53
EPS
1.26
Beta
$5.24
Dividend rate
3.44%
Dividend yield
$18.2B
1.26334
$176.84
$133.36
1.17M
$5.24
0.386
0.254
122.312
130.222
60.12%
98.013
10.77%
9.67%
49.05%
12.04%
17.875
1.625
8.349
54.206
2.85%
3.44%
3.44%
8.53%
11.43%
10.34%
23.23%

What the Analysts think about DRI

Analyst Ratings

Majority rating from 30 analysts.
Buy

Price Targets

Average projection from 25 analysts.
15.33% upside
High $194.00
Low $154.00
$155.02
Current price
$178.78
Average price target

DRI Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.51% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$2.97B
9.07%
Net income
$312.9M
47.52%
Profit margin
10.51%
35.26%

DRI Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 0.11%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$2.58
$1.78
$1.84
$2.62
-
Expected
$2.54
$1.74
$1.74
$2.62
$2.62
Surprise
1.61%
2.28%
6.04%
-0.11%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Darden Restaurants stock?

Darden Restaurants (DRI) has a market cap of $18.2B as of April 23, 2024.

What is the P/E ratio for Darden Restaurants stock?

The price to earnings (P/E) ratio for Darden Restaurants (DRI) stock is 17.87 as of April 23, 2024.

Does Darden Restaurants stock pay dividends?

Yes, the Darden Restaurants (DRI) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $5.24 and the yield is 3.44%. Darden Restaurants has a payout ratio of 60.12% on a trailing twelve-month basis.

When is the next Darden Restaurants dividend payment date?

The next Darden Restaurants (DRI) dividend payment is scheduled for May 01, 2024.

What is the beta indicator for Darden Restaurants?

Darden Restaurants (DRI) has a beta rating of 1.26. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Darden Restaurants stock price target?

The target price for Darden Restaurants (DRI) stock is $178.78, which is 15.68% above the current price of $154.55. This is an average based on projections from 25 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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