Darden Restaurants, Inc (NYSE: DRI) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Darden Restaurants, Inc is listed on the NYSE in the Consumer Cyclical sector while operating in the Restaurants industry. The current market capitalization of Darden Restaurants, Inc is $22.54B. A total of 0.93 million shares were traded on the day, compared to an average of 1.30M shares.

In the most recent transaction, Broad Matthew R sold 12,759 shares of DRI for 187.37 per share on Jan 21 ’25. After the transaction, the SVP General Counsel now owns 14,328 company shares. In a previous transaction on Jan 21 ’25, MATTHEW R BROAD bought 12,759 shares at 187.37 per share.

Among the insiders who sold shares, ATKINS M SHAN disposed of 1,100 shares on Jan 15 ’25 at a per-share price of $181.11. This resulted in the Director holding 1,014 shares of DRI after the transaction. In another insider transaction, Margaret S. Atkins bought 1,100 shares at $182.04 per share on Jan 15 ’25.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Darden Restaurants, Inc pays an annual dividend of $5.51, resulting in a dividend yield of 2.86%, and it has a price to earnings (P/E) ratio of 22.06. DRI’s most recent ex-dividend date was 3.5% when it declared a $1.40 quarterly dividend that was paid in cash on 1/10/2025. Previously, the company paid the dividend on 10/10/2024 with an ex-dividend date of 3.25%. The DRI stock dividend was $1.40 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, DRI has a high of $193.12 and a low of $135.87.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. DRI’s latest balance sheet shows that the firm has $420.60M in Cash & Short Term Investments as of fiscal 2022. There were $4.89B in debt and $1.85B in liabilities at the time. Its Book Value Per Share was $17.67, while its Total Shareholder’s Equity was $2.20B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DRI is Buy with a score of 4.25.

Most Popular

Related Posts