Advertisement
Skip to Content

Darden Restaurants Inc DRI Stock Quote

| Rating as of

NYSE: DRI

Last close prices updated as of Feb 07, 2023, 4:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 149.79
  • Sector Consumer Cyclical
  • Industry Restaurants
  • Investment Style Mid Blend
  • Day Range 147.65  –  149.90
  • Year Range 110.96  –  152.08
  • Market Cap 18.2059 Bil
  • Volume / Avg 664,120.0 /  1.2 Mil
  • Price / Sales 1.88
  • Price / Book 9.02
  • Forward Div Yield 3.23%
  • Trailing Div Yield 3.16%

Morningstar‘s Stock Analysis DRI

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Restaurants' Value Menu Looks Unappetizing as Market Sentiment Outruns Fundamentals

Sean Dunlop Equity Analyst

Analyst Note

| Sean Dunlop |

We expect sluggish sales growth to represent the key issue for the restaurant industry in 2023, following a year of investor concern regarding inflated input costs and margin compression. Though we see modest upside in wide-moat Domino's and view wide-moat Chipotle shares as fairly valued, the industry trades at a 5% market-cap weighted premium to our fair value estimates, suggesting that current entry prices are less than salient.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics DRI

Company Profile DRI

Business Description

Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $9.6 billion in fiscal 2022 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of eight restaurant chains: Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Eddie V’s, and Bahama Breeze. 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 Darden's fiscal 2022, the company operated 1,864 restaurants in the U.S.

Contact
1000 Darden Center Drive
Orlando, FL, 32837
Industry Restaurants
Employees 178,956

Related Articles DRI

FAQs for Darden Restaurants Inc Stock

Yes. DRI has a forward dividend yield of 3.23%. See DRI’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

DRI’s market cap is 18.21 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

DRI’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

DRI’s price/sales is 1.88.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

DRI’s price/forward earnings is 16.98.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

DRI’s price/book is 9.02.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See DRI’s valuation ratios compared to the Market Index.

DRI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare DRI’s historical performance against its industry peers and the overall market.