Darden Restaurants Inc

Darden Restaurants Inc Stock Forecast & Price Prediction

Live Darden Restaurants Inc Stock (DRI) Price
$167.08

27

Ratings

  • Buy 9
  • Hold 17
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$167.08

P/E Ratio

19.27

Volume Traded Today

$1.2M

Dividend

$1.4

52 Week High/low

176.84/135.87

Darden Restaurants Inc Market Cap

$19.63B

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DRI Summary

Based on ratings from 27 stock analysts, the Darden Restaurants Inc stock price is expected to increase by 9.67% in 12 months. This is calculated by using the average 12-month stock price forecast for Darden Restaurants Inc. The lowest target is $136 and the highest is $209. Please note analyst price targets are not guaranteed and could be missed completely.

DRI Analyst Ratings

About 27 Wall Street analysts have assignedDRI 9 buy ratings, 17 hold ratings, and 1 sell ratings. This means that analysts expect Darden Restaurants Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DRI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

DRI stock forecast by analyst

These are the latest 20 analyst ratings of DRI.

Analyst/Firm

Rating

Price Target

Change

Date

Jim Salera
Stephens & Co.

Equal-Weight

$164

Reiterates

Oct 14, 2024
Jim Salera
Stephens & Co.

Equal-Weight

$164

Maintains

Sep 20, 2024
Sara Senatore
B of A Securities

Buy

$195

Maintains

Sep 20, 2024
Brian Harbour
Morgan Stanley

Overweight

$188

Maintains

Sep 20, 2024
Jake Bartlett
Truist Securities

Buy

$195

Maintains

Sep 20, 2024
Andrew Charles
TD Cowen

Hold

$165

Maintains

Sep 20, 2024
David Palmer
Evercore ISI Group

Outperform

$205

Upgrade

Sep 20, 2024
Jeffrey Bernstein
Barclays

Overweight

$192

Maintains

Sep 20, 2024
Nick Setyan
Wedbush

Outperform

$200

Maintains

Sep 20, 2024
Brian Mullan
Piper Sandler

Neutral

$177

Maintains

Sep 20, 2024
Andrew Strelzik
BMO Capital

Market Perform

$175

Maintains

Sep 20, 2024
Eric Gonzalez
Keybanc

Overweight

$194

Maintains

Sep 20, 2024
Zachary Fadem
Wells Fargo

Equal-Weight

$165

Maintains

Sep 20, 2024
Danilo Gargiulo
Bernstein

Market Perform

$180

Downgrade

Sep 20, 2024
John Ivankoe
JP Morgan

Overweight

$176

Maintains

Sep 20, 2024
Peter Saleh
BTIG

Buy

$195

Maintains

Sep 20, 2024
Dennis Geiger
UBS

Buy

$195

Maintains

Sep 20, 2024
Jim Salera
Stephens & Co.

Equal-Weight

$159

Reiterates

Sep 19, 2024
Andrew Charles
TD Cowen

Hold

$150

Reiterates

Sep 19, 2024
Jim Salera
Stephens & Co.

Equal-Weight

$159

Maintains

Sep 13, 2024

DRI Company Information

What They Do: Operates full-service restaurants in North America.

Business Model: Darden Restaurants, Inc. generates revenue by owning and operating a diverse portfolio of full-service dining establishments. The company operates several well-known brands, each catering to different market segments, which allows it to capture a broad customer base and maximize profitability.

Other Information: Incorporated in 1995 and headquartered in Orlando, Florida, Darden Restaurants has established a strong presence in the restaurant industry. Its wide array of brands, including Olive Garden and LongHorn Steakhouse, positions the company to adapt to changing consumer preferences and trends.
DRI
Darden Restaurants Inc (DRI)

When did it IPO

1995

Staff Count

191,105

Country

United States

Sector/Industry

Consumer Cyclical/Restaurants

CEO

Mr. Ricardo Cardenas

Market Cap

$19.63B

Darden Restaurants Inc (DRI) Financial Data

In 2023, DRI generated $10.49B in revenue, which was a increase of 8.91% from the previous year. This can be seen as a signal that DRI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$7.20B

0.00 %
From Previous Year

Revenue From 2022

$9.63B

33.82 %
From Previous Year

Revenue From 2023

$10.49B

8.91 %
From Previous Year
  • Revenue TTM $11.42B
  • Operating Margin TTM 9.8%
  • Gross profit TTM $2.41B
  • Return on assets TTM 7.4%
  • Return on equity TTM 48.6%
  • Profit Margin 9.1%
  • Book Value Per Share 18.17%
  • Market capitalisation $19.63B
  • Revenue for 2021 $7.20B
  • Revenue for 2022 $9.63B
  • Revenue for 2023 $10.49B
  • EPS this year (TTM) $8.67

Darden Restaurants Inc (DRI) Latest News

News Image

Sun, 03 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - In October, SPY ended a 5-month positive streak with a loss of 0.89%. The top 10 stocks for November 2024 offer a 3.61% dividend yield, significantly higher than the S&P 500.

Why It Matters - SPY's loss signals potential market volatility, while high-dividend stocks offer attractive yields, suggesting a shift in investment strategies for income-focused investors.

News Image

Sun, 27 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Investors seeking reliable dividend payers may consider household names that are expected to provide inflation-beating payouts over the long term.

Why It Matters - Reliable dividend payers can provide steady income and protect against inflation, making them attractive for long-term investment stability and potential capital appreciation.

News Image

Mon, 14 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - DRI has acquired Chuy's to enhance its restaurant portfolio, potentially expanding its market presence and customer base.

Why It Matters - DRI's acquisition of Chuy's expands its market presence and diversifies its portfolio, potentially driving revenue growth and improving competitive positioning.

News Image

Fri, 11 Oct 2024

Sentiment - POSITIVE

Source - Schaeffers Research

Summary - Darden Restaurants, Inc. (NYSE: DRI), the parent company of Olive Garden, is currently down 0.9% at a share price of $157.22.

Why It Matters - Darden Restaurants' stock decline signals potential concerns about performance or market sentiment, impacting investor confidence and future valuations.

News Image

Fri, 11 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Darden Restaurants, Inc. has acquired Chuy's Holdings, Inc. for approximately $605 million in an all-cash transaction, enhancing its portfolio in the dining sector.

Why It Matters - Darden's acquisition of Chuy's for $605 million signals growth potential, expanded market presence, and may enhance future revenue streams, impacting stock performance and investor sentiment.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - DocuSign will replace MDU Resources in the S&P MidCap 400, while MDU replaces Chuy's Holdings in the S&P SmallCap 600, effective October 11. Darden Restaurants is acquiring Chuy's.

Why It Matters - DocuSign's addition to the S&P MidCap 400 may boost its visibility and stock demand, while MDU's move to the SmallCap 600 could indicate reduced growth expectations. Chuy's acquisition by Darden may signal consolidation trends in the restaurant sector.

...

DRI Frequently asked questions

The highest forecasted price for DRI is $209 from at .

The lowest forecasted price for DRI is $136 from Eric Gonzalez from Keybanc

The DRI analyst ratings consensus are 9 buy ratings, 17 hold ratings, and 1 sell ratings.