I had a order in to buy at $26. I would have lowered it but I was away.I think we're at the low and the dividend is a nice added attraction.If we have a really cold winter it will appreciate pretty good.Nothing is for sure but it looks good and safe to me.
You may be right,however the company seems confident about their business otherwise they would have not paid the special dividend or doubled the div in the past couple of years.Plenty of climbing assets with them owning their buildings and ground.Modest expansion.They still look good to me...
Being a long term investor I bought this stock some 23 years ago.They have doubled the div in the past few years and of course gave a special div this last pay date.Do I think they will give another this year NO.
I gave the stock a BUY rating this morning at 137 and change...a good entry point...let's not forget they own the building and land land which are on the rise...I'm not sure the summer business is what I was hoping for,at least here in Gainesville Fl it seems to be off...
Don't even try and figure out the market,buy "LONG TERM" and forget it...Just ask Warren Buffet and other billionaires..The market is above making any sense.
With the appreciation this stock has had, the PE at 23 ,I don't expect much of a rise.Maybe if it holds around $150. we may get a split. I know it's just a mental thing with many people,(the price)
I think CBRL has caught up with itself (23 PE) and is trading sideways with the market.
When I'm on the road why would I take a chance and eat at a place I don't know anything about....Crackerbarrel is always my choice.If there isn't any I'll go name companies only..
CBRL COMPANY OVERVIEW
Headquarters:PO Box 787
LEBANON, TN 37088-0787
Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). Many of the food items are sold under the Cracker Barrel Old Country Store brand name. The restaurants do not serve alcoholic beverages. Breakfast items include juices, eggs, pancakes, fruit and yogurt parfaits, pork and turkey bacon, country ham, sausage, grits, and a variety of biscuit specialties, such as gravy and biscuits and country ham and biscuits. Lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, country fried steak, pork chops, fish, steak, roast beef, vegetable plates, a variety of salads, sandwiches, soups, fresh side items and specialty items such as pinto beans and turnip greens. The Company offers items for sale in its gift shops, such as pies, cornbread mix, coffee, syrups and pancake mixes.
That's good, it was really a great opportunity. it's pretty hard to predict it now. When the right time comes along the company will probably buy back more shares.
Why didn't you buy yesterday and you would have qualified for the div to be paid Aug 5th,and received $1,750.00--the 15th was the cut off date..
I said there isn't a much more competitive business then restaurants,they are everywhere.However many opportunities exist if they're better than good.I think CheeseCake Factory has done very well.Crackerbarrel owns the property and to my knowledge they are all company owned.They also don't lease oan own the land,think about that.
Cracker Barrel Old Country Store Set to Join the S&P MidCap 400; Marten Transport to be Added to S&P SmallCap 600Font size: A | A | A
6:23 PM ET 6/29/15 | PR Newswire
S&P SmallCap 600 constituent Cracker Barrel Old Country Store Inc. (NASD: CBRL) will replace Dresser-Rand Group Inc. (NYSE: DRC) in the S&P MidCap 400, and Marten Transport Ltd. (NASD: MRTN) will replace Cracker Barrel Old Country Store in the S&P SmallCap 600 after the close of trading on Wednesday, July 1. Siemens AG is acquiring Dresser-Rand Group in a deal expected to be completed soon.