DRI - Darden Restaurants Inc Stock Price, Fair Value and News

155.88USD+1.33 (+0.86%)Market Closed

Market Summary

USD155.88+1.33

Market Closed

0.86%

DRI Alerts

2 major insider sales recently.

DRI Stock Price

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DRI RSI Chart

DRI Valuation

Market Cap

18.7B

Price/Earnings (Trailing)

18.06

Price/Sales (Trailing)

1.67

EV/EBITDA

12.33

Price/Free Cashflow

18.83

DRI Price/Sales (Trailing)

DRI Profitability

EBT Margin

10.43%

Return on Equity

47.44%

Return on Assets

9.11%

Free Cashflow Yield

5.31%

DRI Fundamentals

DRI Revenue

Revenue (TTM)

11.2B

Rev. Growth (Yr)

6.77%

Rev. Growth (Qtr)

9.07%

DRI Earnings

Earnings (TTM)

1.0B

Earnings Growth (Yr)

9.18%

Earnings Growth (Qtr)

47.52%

Breaking Down DRI Revenue

Last 7 days

0.3%

Last 30 days

-6.4%

Last 90 days

-4.4%

Trailing 12 Months

1.8%

How does DRI drawdown profile look like?

DRI Financial Health

Current Ratio

0.39

Debt/Equity

0.63

Debt/Cashflow

1.17

DRI Investor Care

Dividend Yield

3.3%

Dividend/Share (TTM)

5.14

Buy Backs (1Y)

1.80%

Diluted EPS (TTM)

8.53

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	11.2B	0	0	0
2023	10.3B	10.5B	10.8B	11.0B
2022	9.3B	9.6B	9.8B	10.0B
2021	6.2B	7.2B	8.0B	8.6B
2020	8.8B	7.8B	7.2B	6.8B
2019	8.4B	8.5B	8.6B	8.7B
2018	7.9B	8.1B	8.2B	8.3B
2017	7.0B	7.2B	7.4B	7.6B
2016	7.0B	6.9B	7.0B	7.0B
2015	6.5B	6.8B	6.9B	6.9B
2014	6.2B	6.3B	6.3B	6.4B
2013	6.4B	5.9B	6.1B	6.2B
2012	7.9B	8.0B	7.4B	7.0B
2011	7.4B	7.5B	7.6B	7.7B
2010	7.1B	7.1B	7.2B	7.3B
2009	6.9B	7.2B	7.2B	7.2B
2008	0	6.6B	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Darden Restaurants Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 08, 2024	simon william s	sold	-192,858	158	-1,219	-
Mar 28, 2024	martin melvin john	sold	-519,622	167	-3,100	president, srg
Mar 28, 2024	madonna john w.	gifted	-	-	-90.00	svp, corporate controller
Mar 27, 2024	martin melvin john	sold	-1,270,040	165	-7,673	president, srg
Mar 27, 2024	martin melvin john	acquired	658,574	85.83	7,673	president, srg
Jan 31, 2024	broad matthew r	sold	-1,115,260	163	-6,831	svp general counsel
Jan 31, 2024	broad matthew r	acquired	386,235	85.83	4,500	svp general counsel
Jan 08, 2024	madonna john w.	sold	-628,333	163	-3,836	svp, corporate controller
Jan 08, 2024	madonna john w.	acquired	329,244	85.83	3,836	svp, corporate controller
Dec 31, 2023	fogarty james p	acquired	-	-	1,180	-

Which funds bought or sold DRI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	Rosenberg Matthew Hamilton	unchanged	-	1,914	108,873	0.03%
Apr 22, 2024	Ashton Thomas Private Wealth, LLC	added	0.13	6,963	379,431	0.02%
Apr 22, 2024	FOUNDERS CAPITAL MANAGEMENT, LLC	unchanged	-	4,275	250,725	0.05%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	1.71	5,493,130	163,615,000	0.24%
Apr 22, 2024	QV Investors Inc.	reduced	-1.11	34,000	5,662,000	0.49%
Apr 22, 2024	Berry Wealth Group, LP	reduced	-17.01	-434,306	2,354,520	1.95%
Apr 22, 2024	EVERPAR ADVISORS LLC	sold off	-100	-308,555	-	-%
Apr 22, 2024	Invera Wealth Advisors, LLC	sold off	-100	-1,038,210	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-2.19	563,746	5,180,870	0.04%
Apr 22, 2024	Accordant Advisory Group Inc	new	-	360,543	360,543	0.27%

Are Funds Buying or Selling DRI?

Are funds buying DRI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DRI

No. of Funds

DRI Alerts

2 major insider sales recently.

Unveiling Darden Restaurants Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.62%	13,985,178	SC 13G/A
Feb 09, 2024	capital international investors	7.9%	9,541,212	SC 13G/A
Feb 09, 2024	capital world investors	13.7%	16,462,879	SC 13G/A
Jan 29, 2024	blackrock inc.	6.9%	8,327,417	SC 13G/A
Feb 13, 2023	capital international investors	11.2%	13,738,374	SC 13G/A
Feb 13, 2023	capital world investors	10.9%	13,387,784	SC 13G/A
Feb 09, 2023	vanguard group inc	11.65%	14,260,499	SC 13G/A
Feb 01, 2023	blackrock inc.	6.9%	8,443,602	SC 13G/A
Feb 11, 2022	capital international investors	11.8%	15,037,975	SC 13G/A
Feb 11, 2022	capital world investors	12.4%	16,040,321	SC 13G/A

Recent SEC filings of Darden Restaurants Inc

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	4	Insider Trading
Apr 08, 2024	144	Notice of Insider Sale Intent
Apr 03, 2024	8-K	Current Report
Apr 02, 2024	10-Q	Quarterly Report
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 28, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 21, 2024	8-K	Current Report
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to Darden Restaurants Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	199.9B	25.5B	-2.48%	-5.63%	23.61	7.84	9.97%	37.09%
SBUX	99.5B	36.7B	-2.78%	-18.49%	23.17	2.71	11.46%	29.29%
CMG	79.9B	9.9B	0.05%	60.20%	65.05	8.1	14.33%	36.66%
DRI	18.7B	11.2B	-6.41%	1.76%	18.06	1.67	8.53%	9.08%
DPZ	16.7B	4.5B	2.79%	42.57%	32.26	3.74	-1.27%	14.78%
TXRH	10.5B	4.6B	0.23%	39.15%	33.66	2.26	15.36%	13.07%
MID-CAP
SHAK	3.8B	1.1B	-12.74%	71.22%	184.45	3.5	20.77%	193.73%
BLMN	2.4B	4.7B	-1.83%	10.60%	9.61	0.51	5.77%	142.76%
PZZA	2.1B	2.1B	-3.82%	-15.91%	25.65	0.99	1.60%	21.14%
SMALL-CAP
CAKE	1.8B	3.4B	-0.98%	3.37%	17.89	0.53	4.13%	135.03%
JACK	1.1B	1.7B	-11.77%	-34.29%	9.82	0.69	0.14%	-10.41%
BJRI	761.5M	1.3B	-6.72%	1.37%	38.73	0.57	3.84%	382.34%
CHUY	533.4M	461.3M	-10.04%	-14.56%	16.93	1.16	9.26%	51.09%
ARKR	49.1M	184.8M	-2.99%	-23.90%	-7.82	0.27	-1.23%	-171.42%
BDL	47.6M	177.7M	4.00%	-4.73%	13.66	0.27	9.28%	-56.52%

Darden Restaurants Inc News

Latest updates

Darden Restaurants Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.1%	2,975	2,727	2,731	2,769	2,786	2,487	2,446	2,603	2,449	2,272	2,306	2,279	1,733	1,657	1,527	1,270	2,347	2,056	2,134	2,229	2,247
Costs and Expenses	5.7%	2,587	2,449	2,478	2,395	2,436	2,253	2,202	2,265	2,148	2,030	2,025	1,956	1,585	1,536	1,471	1,862	2,068	1,896	1,932	1,999	1,981
S&GA Expenses	-5.7%	108	115	153	100	107	90.00	88.00	84.00	83.00	92.00	113	98.00	79.00	90.00	128	87.00	100	91.00	98.00	103	103
EBITDA Margin	0.8%	0.14*	0.14*	0.14*	0.14*	0.14*	0.14*	0.15*	0.15*	0.16*	0.15*	0.15*	0.13*	0.00*	0.02*	0.01*	0.02*	0.12*	0.12*	0.13*	0.13*	0.13*
Income Taxes	28.9%	38.00	29.00	28.00	37.00	44.00	26.00	31.00	38.00	35.00	33.00	33.00	-63.00	3.00	9.00	-4.80	-130	32.00	-31.60	19.00	9.00	28.00
Earnings Before Taxes	45.4%	351	241	223	352	330	213	224	319	283	226	265	306	132	106	33.00	-610	265	-6.20	190	218	253
EBT Margin	0.1%	0.10*	0.10*	0.10*	0.11*	0.11*	0.10*	0.11*	0.11*	0.12*	0.11*	0.10*	0.08*	-0.05*	-0.03*	-0.04*	-0.02*	0.08*	0.08*	0.09*	0.09*	0.09*
Net Income	47.5%	313	212	195	315	287	187	193	282	247	193	231	369	129	96.00	36.00	-480	232	25.00	171	208	224
Net Income Margin	0.9%	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.10*	0.11*	0.11*	0.10*	0.09*	-0.04*	-0.02*	-0.03*	-0.01*	0.07*	0.07*	0.08*	0.08*	0.08*
Free Cashflow	143.9%	437	179	118	258	375	50.00	305	247	333	211	98.00	370	248	156	165	-290	361	50.00	137	243	372

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.3%	11,358	11,322	11,269	10,242	10,075	10,025	10,015	10,136	10,205	10,403	10,542	10,656	10,096	9,928	9,790	9,946	9,973	9,743	9,720	5,893	5,698
Current Assets	1.0%	876	868	836	998	891	892	941	1,179	1,280	1,514	1,658	1,871	1,300	1,110	971	1,101	686	536	670	893	687
Cash Equivalents	37.0%	268	196	192	368	275	241	378	472	555	746	948	1,215	994	777	655	763	322	157	351	457	303
Inventory	-4.0%	298	311	287	288	306	296	273	271	244	230	211	191	188	203	190	207	230	212	199	207	210
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	2,813	2,776	2,740	2,757	2,795	2,731	2,611	2,553	2,540
Goodwill	0.4%	1,398	1,393	1,377	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,037	1,206	1,199	1,200	1,184	1,184
Liabilities	-1.1%	9,177	9,282	9,121	8,040	8,032	8,004	7,950	7,938	7,920	7,860	7,789	7,843	7,521	7,473	7,415	7,615	7,632	7,469	7,338	3,500	3,382
Current Liabilities	-4.6%	2,272	2,382	2,094	1,937	1,950	1,906	1,825	1,848	1,816	1,781	1,715	1,848	1,647	1,546	1,544	1,793	1,683	1,558	1,549	1,474	1,443
Short Term Borrowings	-54.7%	159	350	95.00	-	-	58.00	-	-	-	-	-	-	-	-	-	270	-	-	-	-	-
Long Term Debt	0%	1,370	1,370	1,477	885	881	886	895	901	916	929	937	930	930	929	929	929	929	928	928	928	927
LT Debt, Non Current	-	-	-	-	-	881	886	895	901	916	929	937	930	930	929	929	929	929	928	928	928	927
Shareholder's Equity	6.9%	2,181	2,040	2,148	2,202	2,044	2,021	2,064	2,198	2,286	2,543	2,752	2,813	2,576	2,455	2,375	2,331	2,341	2,274	2,381	2,393	2,316
Retained Earnings	55.5%	-101	-228	-124	-32.50	-169	-199	-151	-25.90	34.00	262	446	522	303	223	167	144	649	585	790	807	728
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	2,785	2,719	2,659	2,641	2,616	2,565	2,515	2,483	2,415
Shares Outstanding	-100.0%	-	120	121	121	121	122	123	124	129	129	130	130	130	130	130	123	122	123	123	124	123
Float	-	-	-	-	-	-	18,012	-	-	-	17,965	-	-	-	14,279	-	-	-	13,916	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	71.9%	586	341	269	412	505	208	428	348	435	301	180	448	317	222	207	-205	479	189	254	348	486
Share Based Compensation	3.7%	14.00	14.00	30.00	15.00	14.00	18.00	20.00	11.00	12.00	11.00	28.00	12.00	19.00	22.00	19.00	10.00	15.00	14.00	14.00	15.00	14.00
Cashflow From Investing	9.2%	-153	-168	-854	-158	-136	-155	-118	-108	-103	-94.10	-83.70	-82.30	-71.70	-65.70	-44.00	-96.60	-137	-142	-166	-112	-107
Cashflow From Financing	-94.7%	-375	-192	409	-170	-327	-189	-345	-374	-514	-408	-312	-143	-27.10	-34.80	-273	747	-174	-241	-192	-80.40	-209
Dividend Payments	-0.5%	156	157	159	147	147	148	149	137	140	143	144	115	48.00	39.00	-	-	107	108	108	92.00	92.00
Buy Backs	-81.9%	33.00	181	143	35.00	124	100	199	237	382	266	186	38.00	0.00	0.00	7.00	30.00	69.00	136	95.00	42.00	74.00

DRI Income Statement

2024-02-25

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Feb. 25, 2024	Feb. 26, 2023	Feb. 25, 2024	Feb. 26, 2023
Sales	$ 2,974.8	$ 2,786.2	$ 8,432.7	$ 7,718.8
Costs and expenses:
Restaurant labor	937.1	874.2	2,693.3	2,476.5
Marketing expenses	31.7	28.2	107.2	89.6
General and administrative expenses	108.2	107.0	376.3	285.7
Depreciation and amortization	117.9	98.3	340.2	290.7
Impairments and disposal of assets, net	0.4	1.3	11.0	(12.4)
Total operating costs and expenses	2,587.4	2,436.3	7,513.9	6,891.5
Operating income	387.4	349.9	918.8	827.3
Interest, net	36.5	19.6	103.3	59.2
Earnings before income taxes	350.9	330.3	815.5	768.1
Income tax expense	37.5	43.5	95.0	100.2
Earnings from continuing operations	313.4	286.8	720.5	667.9
Losses from discontinued operations, net of tax benefit of $0.6, $0.2, $1.0 and $0.5, respectively	(0.5)	(0.2)	(1.0)	(1.1)
Net earnings	$ 312.9	$ 286.6	$ 719.5	$ 666.8
Basic net earnings per share:
Earnings from continuing operations (in dollars per share)	$ 2.62	$ 2.36	$ 6.00	$ 5.47
Losses from discontinued operations (in dollars per share)	0	0	(0.01)	(0.01)
Net earnings (in dollars per share)	2.62	2.36	5.99	5.46
Diluted net earnings per share:
Earnings from continuing operations (in dollars per share)	2.60	2.34	5.95	5.42
Losses from discontinued operations (in dollars per share)	0	0	0	(0.01)
Net earnings (in dollars per share)	$ 2.60	$ 2.34	$ 5.95	$ 5.41
Average number of common shares outstanding:
Basic (in shares)	119.4	121.4	120.1	122.2
Diluted (in shares)	120.4	122.5	121.0	123.2
Food and beverage
Costs and expenses:
Food and beverage costs and restaurant expenses	$ 920.2	$ 887.0	$ 2,617.0	$ 2,500.6
Restaurant expenses
Costs and expenses:
Food and beverage costs and restaurant expenses	$ 471.9	$ 440.3	$ 1,368.9	$ 1,260.8

DRI Balance Sheet

2024-02-25

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 25, 2024	May 28, 2023
Current assets:
Cash and cash equivalents	$ 243.9	$ 367.8
Receivables, net	72.2	80.2
Inventories	298.2	287.9
Prepaid income taxes	122.6	107.3
Prepaid expenses and other current assets	139.5	154.5
Total current assets	876.4	997.7
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,667.8 and $3,422.0, respectively	4,101.9	3,725.1
Operating lease right-of-use assets	3,494.3	3,373.9
Goodwill	1,397.8	1,037.4
Trademarks	1,148.0	806.3
Other assets	339.8	301.1
Total assets	11,358.2	10,241.5
Current liabilities:
Accounts payable	406.0	426.2
Short-term debt	158.7	0.0
Accrued payroll	195.6	173.0
Accrued income taxes	8.5	7.8
Other accrued taxes	69.0	65.9
Unearned revenues	626.0	512.0
Other current liabilities	808.6	752.5
Total current liabilities	2,272.4	1,937.4
Long-term debt	1,372.8	884.9
Deferred income taxes	240.9	142.2
Operating lease liabilities - non-current	3,774.4	3,667.6
Other liabilities	1,516.8	1,407.9
Total liabilities	9,177.3	8,040.0
Stockholders’ equity:
Common stock and surplus	2,252.8	2,230.8
Retained earnings (deficit)	(101.6)	(32.5)
Accumulated other comprehensive income	29.7	3.2
Total stockholders’ equity	2,180.9	2,201.5
Total liabilities and stockholders’ equity	$ 11,358.2	$ 10,241.5

About Darden Restaurants Inc

Darden Restaurants, Inc., through 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 brands. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.

CEO	Mr. Ricardo Cardenas
WEBSITE	darden.com
INDUSTRY	Restaurants
EMPLOYEES	65535

Darden Restaurants Inc Frequently Asked Questions

What is the ticker symbol for Darden Restaurants Inc? What does DRI stand for in stocks?

DRI is the stock ticker symbol of Darden Restaurants Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Darden Restaurants Inc (DRI)?

As of Mon Apr 22 2024, market cap of Darden Restaurants Inc is 18.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DRI stock?

You can check DRI's fair value in chart for subscribers.

What is the fair value of DRI stock?

You can check DRI's fair value in chart for subscribers. The fair value of Darden Restaurants Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Darden Restaurants Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DRI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Darden Restaurants Inc a good stock to buy?

The fair value guage provides a quick view whether DRI is over valued or under valued. Whether Darden Restaurants Inc is cheap or expensive depends on the assumptions which impact Darden Restaurants Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DRI.

What is Darden Restaurants Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, DRI's PE ratio (Price to Earnings) is 17.91 and Price to Sales (PS) ratio is 1.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DRI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Darden Restaurants Inc's stock?

In the past 10 years, Darden Restaurants Inc has provided 0.161 (multiply by 100 for percentage) rate of return.