Darden Restaurants Inc. (DRI) News
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DRI News Highlights
- For DRI, its 30 day story count is now at 25.
- Over the past 4 days, the trend for DRI's stories per day has been choppy and unclear. It has oscillated between 1 and 20.
- CULL, DAVE and IBEX are the most mentioned tickers in articles about DRI.
Latest DRI News From Around the Web
Below are the latest news stories about DARDEN RESTAURANTS INC that investors may wish to consider to help them evaluate DRI as an investment opportunity.
Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.21The board of Darden Restaurants, Inc. ( NYSE:DRI ) has announced that it will be paying its dividend of $1.21 on the... |
Analysts’ Top Services Picks: Darden (DRI), IBEX (IBEX)There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Darden (DRI – Research Report) and IBEX (IBEX – Research Report) with bullish sentiments. Darden (DRI) In a report released today, Christopher Carril from RBC Capital maintained a Buy rating on Darden, with a price target of $144.00. The company's shares closed last Thursday at $125.45. According to TipRanks. |
BMO Capital Keeps Their Hold Rating on Darden (DRI)BMO Capital analyst Andrew Strelzik maintained a Hold rating on Darden (DRI - Research Report) today and set a price target of $130.00. The company's shares opened today at $124.50.According to TipRanks, Strelzik is a 4-star analyst with an average return of 5.6% and a 56.16% success rate. Strelzik covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Darden, and McDonald's.The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Darden with a $141.35 average price target, a 13.53% upside from current levels. |
Company News for Sep 23, 2022Companies in The News Are: FDS,ACN,DRI,LEN |
Stifel Nicolaus Sticks to Its Buy Rating for Darden (DRI)Stifel Nicolaus analyst Chris O`Cull maintained a Buy rating on Darden (DRI - Research Report) today and set a price target of $135.00. The company's shares opened today at $129.00.O`Cull covers the Services sector, focusing on stocks such as Papa John's International, Chuy's Holdings, and Dave & Busters Entertainment. According to TipRanks, O`Cull has an average return of 12.1% and a 60.97% success rate on recommended stocks. Currently, the analyst consensus on Darden is a Moderate Buy with an average price target of $140.82, implying a 9.16% upside from current levels. In a report released on September 19, Robert W. |
Darden (NYSE:DRI) Ticks Lower on Q1 Top Line MissShares of Darden Restaurants (NYSE:DRI) are trending lower today after the company’s first-quarter numbers came in mixed. Top-line increased 6.1% year-over-year to $2.45 billion but missed the cut by ~$20 million. Earnings per share at $1.56 came in line. The company sees 2023 revenues land between $10.2 billion and $10.4 billion. The bottom line is anticipated between $7.40 and $8. Further, comparable sales growth is expected between 4% and 6%. |
US STOCKS-Wall Street ends down for third day as growth concerns weigh on techThe Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes. As of Friday, the S&P 500's estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. The S&P 500's forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings - far below the nearly 22 times forward P/E that stocks commanded at the start of the year. |
US STOCKS-Nasdaq, S&P end down for third day as growth concerns weigh on techThe Nasdaq and S&P 500 closed lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks including technology companies. The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes. As of Friday, the S&P 500's estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. |
US STOCKS-Wall Street drops as mounting growth concerns weigh on tech, financialsWall Street's main indexes were on course to post their third straight day of declines on Thursday, as traders sold financial and technology stocks on fears the Federal Reserve's aggressive approach to rein in inflation could trigger a recession. The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes. |
US STOCKS-Tech, financial stocks drag Wall Street lower as growth concerns mountTechnology and financial stocks pulled Wall Street's main indexes lower for a third straight session on Thursday, as investors worried that the Federal Reserve's aggressive approach to rein in inflation could trigger a recession. The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes. As of Friday, the S&P 500's estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. |