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Darden Restaurants (DRI) Stock

Profile

Industry:

Restaurants

Country:

United States

IPO:

09 May 1995

Indexes:

Description:

Darden Restaurants, Inc. is a restaurant business operator in the United States that owns the largest full-service restaurant chain. The company was founded in 1968. The administrative offices and restaurant support center are located in Orlando, Florida. The Darden Restaurants network consists of 1804 restaurants located in all 50 states of the USA and Canada. The network's restaurants operate under the full-service restaurant format under the brands: Olive Garden, Longhorn Steakhouse, Yard House, Capital Grille, Seasons 52, Bahama Breeze, Eddie V'S, Cheddar'S Scratch Kitchen. In addition to the restaurant business, Darden Restaurants licenses the sale and distribution of several products, including Olive Garden salad dressings, salad croutons, and LongHorn Steakhouse seasoning.

Key Details

Price

$175.50

TTM Dividend Yield

3.09%(-1.90% YoY)

Annual Revenue

$11.39 B(+8.60% YoY)

Annual EPS

$8.51(+6.51% YoY)

PE Ratio

20.24(+1.50% YoY)

Beta

0.66

Events Calendar

Earnings

Next earnings date:

Dec 13, 2024

Recent quarterly earnings:

Sept 19, 2024

Recent annual earnings:

June 20, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 10, 2024
Splits

Next split:

N/A

Recent split:

Nov 10, 2015

Analyst ratings

Recent major analysts updates

14 Oct '24 Stephens & Co.
Equal-Weight
20 Sept '24 Wells Fargo
Equal-Weight
20 Sept '24 Wedbush
Outperform
20 Sept '24 UBS
Buy
20 Sept '24 Truist Securities
Buy
20 Sept '24 TD Cowen
Hold
20 Sept '24 Stephens & Co.
Equal-Weight
20 Sept '24 Piper Sandler
Neutral
20 Sept '24 Morgan Stanley
Overweight
20 Sept '24 Keybanc
Overweight

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Institutional Ownership

Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
DRI
seekingalpha.com27 November 2024

I am starting to cover Darden Restaurants with a buy recommendation, mainly due to positive growth signs and strong consumer outlooks. The company offers a dividend yield of over 3%, which is better than many competitors, making it appealing for dividend investors interested in the restaurant sector. Even though the stock is close to a 10-year high, it is still considered undervalued when looking at forward P/E and EV/EBITDA ratios compared to important rivals.

Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19
Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19
Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19
DRI
prnewswire.com19 November 2024

ORLANDO, Fla., Nov. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) is set to announce its financial results for the second quarter of fiscal 2025 before the market opens on Thursday, December 19, 2024. A conference call will take place at 8:30 am ET after the announcement.

Why Darden Restaurants (DRI) is a Top Value Stock for the Long-Term
Why Darden Restaurants (DRI) is a Top Value Stock for the Long-Term
Why Darden Restaurants (DRI) is a Top Value Stock for the Long-Term
DRI
zacks.com13 November 2024

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
DRI
fool.com27 October 2024

Are you looking to include dependable dividend stocks in your investment portfolio? These well-known companies can provide payouts that outpace inflation for many years ahead.

Darden Expands Its Brand Portfolio With Chuy's Acquisition
Darden Expands Its Brand Portfolio With Chuy's Acquisition
Darden Expands Its Brand Portfolio With Chuy's Acquisition
DRI
zacks.com14 October 2024

DRI improves its restaurant options by buying Chuy's.

Signal Says 'Buy the Dip' on This Restaurant Stock
Signal Says 'Buy the Dip' on This Restaurant Stock
Signal Says 'Buy the Dip' on This Restaurant Stock
DRI
schaeffersresearch.com11 October 2024

Darden Restaurants, Inc, the company that owns Olive Garden, was recently down by 0.9%, with its stock price at $157.22.

Editas Medicine Announces $50+ Million Monetization Financing with DRI Healthcare Trust
Editas Medicine Announces $50+ Million Monetization Financing with DRI Healthcare Trust
Editas Medicine Announces $50+ Million Monetization Financing with DRI Healthcare Trust
DRI
globenewswire.com03 October 2024

The company improves its financial position by securing non-dilutive funding, which will help support the development of its projects and other important goals. This move enhances their balance sheet and allows for continued growth.

Insider Sale: SVP Susan Connelly Sells Shares of Darden Restaurants Inc (DRI)
Insider Sale: SVP Susan Connelly Sells Shares of Darden Restaurants Inc (DRI)
Insider Sale: SVP Susan Connelly Sells Shares of Darden Restaurants Inc (DRI)
DRI
gurufocus.com02 October 2024

Susan Connelly, who is the Senior Vice President and Chief Communications and Public Affairs Officer at Darden Restaurants Inc (DRI, Financial), sold 3,320 shares of the company on October 1, 2024. This sale was documented in a recent filing with the SEC.

Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
DRI
cnbc.com29 September 2024

TipRanks' analyst ranking service identifies the top-performing stocks on Wall Street, such as Darden Restaurants and Target.

Darden is 'pretty well positioned' in the market, says former CEO Clarence Otis
Darden is 'pretty well positioned' in the market, says former CEO Clarence Otis
Darden is 'pretty well positioned' in the market, says former CEO Clarence Otis
DRI
youtube.com20 September 2024

Clarence Otis, the former CEO of Darden Restaurants, appears on 'The Exchange' to talk about changes in how people are spending on food, the potential recovery of restaurant stocks from their recent drop, and other related topics.

FAQ

  • What is the primary business of Darden Restaurants?
  • What is the ticker symbol for Darden Restaurants?
  • Does Darden Restaurants pay dividends?
  • What sector is Darden Restaurants in?
  • What industry is Darden Restaurants in?
  • What country is Darden Restaurants based in?
  • When did Darden Restaurants go public?
  • Is Darden Restaurants in the S&P 500?
  • Is Darden Restaurants in the NASDAQ 100?
  • Is Darden Restaurants in the Dow Jones?
  • When was Darden Restaurants's last earnings report?
  • When does Darden Restaurants report earnings?
  • Should I buy Darden Restaurants stock now?

What is the primary business of Darden Restaurants?

Darden Restaurants, Inc. is a restaurant business operator in the United States that owns the largest full-service restaurant chain. The company was founded in 1968. The administrative offices and restaurant support center are located in Orlando, Florida. The Darden Restaurants network consists of 1804 restaurants located in all 50 states of the USA and Canada. The network's restaurants operate under the full-service restaurant format under the brands: Olive Garden, Longhorn Steakhouse, Yard House, Capital Grille, Seasons 52, Bahama Breeze, Eddie V'S, Cheddar'S Scratch Kitchen. In addition to the restaurant business, Darden Restaurants licenses the sale and distribution of several products, including Olive Garden salad dressings, salad croutons, and LongHorn Steakhouse seasoning.

What is the ticker symbol for Darden Restaurants?

The ticker symbol for Darden Restaurants is NYSE:DRI

Does Darden Restaurants pay dividends?

Yes, Darden Restaurants pays dividends. The last payment was $1.40, with an ex-dividend date on 10 October 2024

What sector is Darden Restaurants in?

Darden Restaurants is in the Consumer Cyclical sector

What industry is Darden Restaurants in?

Darden Restaurants is in the Restaurants industry

What country is Darden Restaurants based in?

Darden Restaurants is headquartered in United States

When did Darden Restaurants go public?

Darden Restaurants's initial public offering (IPO) was on 09 May 1995

Is Darden Restaurants in the S&P 500?

Yes, Darden Restaurants is included in the S&P 500 index

Is Darden Restaurants in the NASDAQ 100?

No, Darden Restaurants is not included in the NASDAQ 100 index

Is Darden Restaurants in the Dow Jones?

No, Darden Restaurants is not included in the Dow Jones index

When was Darden Restaurants's last earnings report?

Darden Restaurants's most recent earnings report was on 19 September 2024

When does Darden Restaurants report earnings?

The next expected earnings date for Darden Restaurants is 13 December 2024

Should I buy Darden Restaurants stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions