How to Buy Darden Restaurants Stock
Darden Restaurants Inc
Darden Restaurants is a restaurant company located in Florida, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker DRI on the NYSE exchange.
Darden Restaurants stock last closed at $159.55, down 3.21% from the previous day, and has increased 16.39% in one year. It has underperformed other stocks in the Restaurants industry by 0.1 percentage points. Darden Restaurants stock is currently +19.64% from its 52-week low of $133.36, and -9.77% from its 52-week high of $176.84.
There are currently 117.5M DRI shares outstanding. The market cap of DRI is $18.75B. In the past 24 hours, 1.27M DRI shares were traded.
How to Buy Darden Restaurants Stock
Wondering how to invest in Darden Restaurants stock? Here's how.
- Choose where to buy Darden Restaurants stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Darden Restaurants stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Analyze Darden Restaurants stock: The Darden Restaurants ticker symbol is DRI. Is Darden Restaurants stock a good investment? Should you buy shares of DRI? How do DRI's underlying business fundamentals look? Do top analysts think Darden Restaurants is a good buy? Why has DRI's stock price moved recently? (Hint: Our stock research website can help you understand if DRI is a good stock to buy).
- Place your DRI purchase: Decide if you will purchase DRI shares at the current market price or use a limit order to buy DRI shares at a particular price.
- Get the latest scoop on your investment in DRI: Create a watchlist to get the latest news on your position in Darden Restaurants stock.
Step 1: Choose where to buy Darden Restaurants stock
You will need an online brokerage account to access the NYSE market and buy DRI stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to invest in DRI stock today.
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Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the highest rated stock app, you need to deposit funds:
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Step 4: Analyze Darden Restaurants stock
After you have decided on the best place to buy Darden Restaurants stock, it's crucial to evaluate their stock before you invest, so you can wrap your head around the risk and opportunity.
Darden Restaurants quick stats
DRI Overview
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on DRI's stock page.
Is DRI stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DRI's true value.
Using relative valuations measures:
- DRI could be undervalued based on its P/E ratio of 18.3x, relative to Restaurants industry P/E ratio of 37.32x
- DRI could be undervalued based on its P/B ratio of 8.75x, relative to Restaurants industry P/B ratio of -386.21x
- DRI may be overvalued based on its PEG ratio of 1.97x
You can do more valuation analysis on DRI's stock here.
A quick look at DRI Financials
Positive Health Checks:
- DRI's operating cash flow of $1.62B allows it to safely service it's debt of $5.32B.
- DRI earnings of $1.33B is not enough to cover its interest payments.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the DRI balance sheet.
- There are more short-term liabilities than short-term assets on the DRI balance sheet.
- Total DRI debt is higher than 5 years ago, relative to shareholder equity.
- DRI has a relatively high debt to equity ratio of 4.3.
- DRI profit margin of X% has stayed the same in the past year.
Is it a good time to buy Darden Restaurants stock, according to analysts?
Out of 22 sell side analysts who give forecasts on DRI, the consensus analyst rating on Darden Restaurants is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent DRI Analyst Upgrades/Downgrades
Jake Bartlett, a top 2% analyst from Truist Securities maintains DRI with a strong buy rating and raises their DRI price target from $185.00 to $195.00, on Sep 20, 2024.
John Ivankoe, a top 8% analyst from JP Morgan maintains DRI with a strong buy rating and raises their DRI price target from $165.00 to $176.00, on Sep 20, 2024.
Brian Mullan, a top 3% analyst from Piper Sandler maintains DRI with a hold rating and raises their DRI price target from $159.00 to $177.00, on Sep 20, 2024.
Jeffrey A. Bernstein, a top 10% analyst from Barclays maintains DRI with a strong buy rating and raises their DRI price target from $180.00 to $192.00, on Sep 20, 2024.
Dennis Geiger, a top 15% analyst from UBS maintains DRI with a strong buy rating and raises their DRI price target from $188.00 to $195.00, on Sep 20, 2024.
UBS's Dennis Geiger raised their price target on Darden Restaurants (NYSE: DRI) by 3.7% from $188 to $195 on 2024/09/20. The analyst maintained their Strong Buy rating on the stock.
Darden Restaurants reported its Q1 2025 earnings on 2024/09/19.
Geiger said that "the improvement in momentum since 2024/07 in spite of pressured Olive Garden trends in Q1 was the context for their price target move, as were "still solid LongHorn momentum, the achievability of FY 2025 guidance, and management's strategic focus on value messaging and other initiatives to support traffic, catalysts that should combine to deliver improved sales and earnings momentum."
Earnings Report
For Q1 2025, Darden Restaurants reported:
- EPS of $1.75, which missed the Zacks Consensus Estimate of $1.81 and, by 1.7%, Q1 2024's $1.78.
- Revenue of $2.76B, which missed the Zacks Consensus Estimate of $2.8B but beat Q1 2024's $2.73B.
FY 2025, management guided:
- EPS of $9.40 to $9.60.
- Revenue of $11.8B to $11.9B.
- Same-restaurant sales growth of 1% to 2%.
President & CEO Rick Cardenas commented: "We operate in a very dynamic, competitive industry, and we have proven we can successfully navigate challenging environments due to our strategy.
"While we fell short of our expectations for Q1, I firmly believe in the strength of our business.
"I am confident in the actions all our brand teams are taking to address their guests' needs, which do not compromise the long-term health of our business for short-term benefits."
You can dig deeper into what analysts are forecasting on the Darden Restaurants stock forecast page.
DRI Trading Indicators
How are DRI Revenues/Earnings doing?
Last year, DRI earnings were $1.04B. Over the last 5 year, DRI's earnings have grown by 8.42% per year. This was slower than the Restaurants industry average of 12.57%.
Last year, DRI revenue was $11.42B. Over the last 5 year, DRI's revenue has grown by 5.87% per year. This was slower than the Restaurants industry average of 9.78%.
You can analyze DRI's earnings and revenue performance here.
What are DRI executives and large shareholders up to?
Over the past year, executives and large shareholders at DRI have sold more shares than they have bought.
Susan M. Connelly, SVP Chief Comm PA Officer of DRI, was the latest DRI insider to sell. They sold $542,577.64 worth of DRI stock on Oct 1, 2024.
Learn more about who owns DRI stock here.
Does DRI stock generate passive income?
Darden Restaurants pays a dividend of 2.52%, compared to the Restaurants industry's average dividend yield of 3.09%. If you owned $1,000 worth of DRI stock, you would have been paid $25.20 last year.
Darden Restaurants dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Darden Restaurants dividend yield and history here.
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Step 5: Place your DRI purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and your broker will execute your order.
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Step 6: Get the latest scoop on your investment in DRI
Now that you own some shares in DRI, you'll want to stay up-to-date on your new shares.
Make a watchlist to see the latest developments about your DRI stock.
DRI Feed
How to Buy Stock in Darden Restaurants
To summarize, here are the 6 steps for buying Darden Restaurants stock:
- Choose where to buy Darden Restaurants stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Darden Restaurants stock
- Place your DRI purchase
- Get the latest scoop on your investment in DRI
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Get Started with eToro TodayIf you would like to keep track of your investment in Darden Restaurants, add DRI to your watchlist below.
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