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Darden Restaurants, Inc. (DRI)

154.55 +2.05 (+1.34%)
At close: April 22 at 4:00 PM EDT
154.56 +0.01 (+0.01%)
Pre-Market: 8:25 AM EDT
Loading Chart for DRI
DELL
  • Previous Close 152.50
  • Open 153.27
  • Bid 151.01 x 800
  • Ask --
  • Day's Range 152.68 - 155.24
  • 52 Week Range 133.36 - 176.84
  • Volume 1,234,515
  • Avg. Volume 1,174,385
  • Market Cap (intraday) 18.447B
  • Beta (5Y Monthly) 1.26
  • PE Ratio (TTM) 18.12
  • EPS (TTM) 8.53
  • Earnings Date Jun 20, 2024 - Jun 24, 2024
  • Forward Dividend & Yield 5.24 (3.39%)
  • Ex-Dividend Date Apr 9, 2024
  • 1y Target Est 178.78

Darden Restaurants, Inc., together with 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 brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.

www.darden.com

187,384

Full Time Employees

May 28

Fiscal Year Ends

Restaurants

Industry

Recent News: DRI

Performance Overview: DRI

Trailing total returns as of 4/22/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

DRI
4.38%
S&P 500
5.05%

1-Year Return

DRI
5.27%
S&P 500
21.22%

3-Year Return

DRI
19.52%
S&P 500
20.06%

5-Year Return

DRI
51.30%
S&P 500
72.48%

Compare To: DRI

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: DRI

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    18.45B

  • Enterprise Value

    23.51B

  • Trailing P/E

    18.12

  • Forward P/E

    15.72

  • PEG Ratio (5yr expected)

    1.63

  • Price/Sales (ttm)

    1.67

  • Price/Book (mrq)

    8.46

  • Enterprise Value/Revenue

    2.10

  • Enterprise Value/EBITDA

    13.34

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.24%

  • Return on Assets (ttm)

    7.62%

  • Return on Equity (ttm)

    49.05%

  • Revenue (ttm)

    11.2B

  • Net Income Avi to Common (ttm)

    1.04B

  • Diluted EPS (ttm)

    8.53

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    243.9M

  • Total Debt/Equity (mrq)

    314.35%

  • Levered Free Cash Flow (ttm)

    746.26M

Research Analysis: DRI

Analyst Price Targets

154.00
178.78 Average
154.55 Current
194.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: DRI

Fair Value

154.55 Current
 

Dividend Score

0 Low
DRI
Sector Avg.
100 High
 

Hiring Score

0 Low
DRI
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
DRI
Sector Avg.
100 High
 

Research Reports: DRI

  • Analyst Report: Darden Restaurants, Inc.

    Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V’s, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.

    Rating
    Price Target
     
  • Analyst Report: Darden Restaurants, Inc.

    Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V’s, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.

    Rating
    Price Target
     
  • Analyst Report: Darden Restaurants, Inc.

    Darden Restaurants, based in Orlando, is a leading U.S. restaurant operator. The company operates more than 1,900 restaurants in the United States and Canada under the Olive Garden, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, Bahama Breeze, Seasons 52, Capital Grille, Longhorn Steakhouse, Eddie V's and Yard House brand names. Darden has a market cap of $19.7 billion.

    Rating
    Price Target
     
  • Market Update: THRM, DRI

    U.S. markets rose on Thursday morning, extending yesterday's gains, following the Fed's rate decision and commentary by Chairman Powell. Leading into the meeting, investors were focused on the dot plot, which in December forecast three rate cuts this year. Yesterday's chart also included an estimated three rate cuts. Dovish commentary by Fed Chair Powell, who indicated that current rates were likely at their peak for the current cycle, resonated with investors. Almost 70% of investors are now looking for the first rate cut in June. On the employment front, initial jobless claims were 210,000 for the week, down 2,000 from the previous week's revised level. Ongoing unemployment was 1,807,000, an increase of 4,000 from the previous week's revised level. In other news, the Justice Department filed a federal antitrust lawsuit against Apple (AAPL). The Dow was up 0.8%, the S&P 500 rose 0.6% and the Nasdaq gained 0.7%. Crude oil traded above $80 per barrel, while gold rose $12 to $2173 per ounce.

     

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