WallStreetZen

NYSE: DRI
Darden Restaurants Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DRI

Based on 20 analysts offering 12 month price targets for Darden Restaurants Inc.
Min Forecast
$135.00-7.94%
Avg Forecast
$165.28+12.71%
Max Forecast
$180.00+22.75%

Should I buy or sell DRI stock?

Based on 21 analysts offering ratings for Darden Restaurants Inc.
Strong Buy
Strong Buy
10 analysts 47.62%
Buy
6 analysts 28.57%
Hold
5 analysts 23.81%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
KeyBanc
Top 6%
95
Strong BuyMaintains$172.00+17.29%2021-12-06
RBC Capital
Top 28%
73
BuyMaintains$176.00+20.02%2021-09-24
Truist Securities
Top 1%
100
Strong BuyMaintains$180.00+22.75%2021-09-24
Stifel Nicolaus
Top 23%
78
HoldMaintains$165.00+12.52%2021-09-24
Credit Suisse
Top 6%
95
BuyMaintains$180.00+22.75%2021-09-24
Raymond James
Top 2%
99
BuyMaintains$172.50+17.64%2021-09-24
Morgan Stanley
Top 14%
87
Strong BuyMaintains$171.00+16.61%2021-09-24
Deutsche Bank
Top 24%
77
HoldMaintains$156.00+6.38%2021-09-24
Barclays
Bottom 7%
7
Strong BuyMaintains$175.00+19.34%2021-09-24
Wedbush
Top 19%
82
HoldMaintains$162.00+10.47%2021-09-24

1 of 3

Forecast return on equity

Is DRI forecast to generate an efficient return?
Company
43.66%
Industry
19.47%
Market
37.06%
DRI's Return on Equity is forecast to be high in 3 years (43.66%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is DRI forecast to generate an efficient return on assets?
Company
11.4%
Industry
6.3%
DRI is forecast to generate higher Return on Assets (11.4%) than the US Restaurants industry average (6.3%)
Forecast

DRI earnings per share forecast

What is DRI's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$7.41+17.06%
Avg 2 year Forecast
$8.28+30.81%
Avg 3 year Forecast
$9.26+46.29%
DRI's earnings are forecast to grow at a rate of 13.21% per year, which is not exceptional
Forecast

DRI revenue forecast

What is DRI's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$9.5B+19.58%
Avg 2 year Forecast
$10.1B+27.01%
Avg 3 year Forecast
$10.7B+34.56%
DRI's revenue is forecast to grow at a rate of 10.39% per year, which is not exceptional
Forecast

DRI earnings growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
13.21%
Industry
10.51%
Market
14.37%
DRI's earnings are forecast to grow faster (13.21% per year) than the US Restaurants industry average (10.51%)
Forecast
DRI's earnings are forecast to grow slower (13.21% per year) than the US market average (14.37%)
Forecast
DRI's earnings are forecast to grow faster (13.21% per year) than the risk-free savings rate (1.4%)
Forecast

DRI revenue growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
10.39%
Industry
9.63%
Market
10.03%
DRI's revenues are forecast to grow faster (10.39% per year) than the US Restaurants industry average (9.63%)
Forecast
DRI's revenues are forecast to grow faster (10.39% per year) than the US market average (10.03%)
Forecast

Darden Restaurants Stock Forecast FAQ

Is Darden Restaurants Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NYSE: DRI) stock is to Strong Buy DRI stock.

Out of 21 analysts, 10 (47.62%) are recommending DRI as a Strong Buy, 6 (28.57%) are recommending DRI as a Buy, 5 (23.81%) are recommending DRI as a Hold, 0 (0%) are recommending DRI as a Sell, and 0 (0%) are recommending DRI as a Strong Sell.

What is DRI's earnings growth forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's forecast annual earnings growth rate of 13.21% is forecast to beat the US Restaurants industry's average forecast earnings growth rate of 10.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Darden Restaurants's earnings in 2021 is $824,100,000.On average, 13 Wall Street analysts forecast DRI's earnings for 2022 to be $961,706,872, with the lowest DRI earnings forecast at $908,495,021, and the highest DRI earnings forecast at $1,018,812,274. On average, 10 Wall Street analysts forecast DRI's earnings for 2023 to be $1,074,619,825, with the lowest DRI earnings forecast at $1,012,323,023, and the highest DRI earnings forecast at $1,129,129,526.

In 2024, DRI is forecast to generate $1,201,809,128 in earnings, with the lowest earnings forecast at $1,201,809,128 and the highest earnings forecast at $1,201,809,128.

What is DRI's revenue growth forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's forecast annual revenue growth rate of 10.39% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 9.63%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Darden Restaurants's revenue in 2021 is $7,974,700,000.On average, 10 Wall Street analysts forecast DRI's revenue for 2022 to be $1,237,610,450,643, with the lowest DRI revenue forecast at $1,223,327,481,277, and the highest DRI revenue forecast at $1,257,041,731,507. On average, 9 Wall Street analysts forecast DRI's revenue for 2023 to be $1,314,533,113,426, with the lowest DRI revenue forecast at $1,295,487,942,945, and the highest DRI revenue forecast at $1,341,485,045,859.

In 2024, DRI is forecast to generate $1,392,683,931,692 in revenue, with the lowest revenue forecast at $1,371,541,954,703 and the highest revenue forecast at $1,413,825,908,681.

What is DRI's forecast return on assets (ROA) for 2022-2024?

(NYSE: DRI) forecast ROA is 11.4%, which is higher than the forecast US Restaurants industry average of 6.3%.

What is DRI's Price Target?

According to 20 Wall Street analysts that have issued a 1 year DRI price target, the average DRI price target is $165.28, with the highest DRI stock price forecast at $180.00 and the lowest DRI stock price forecast at $135.00.

On average, Wall Street analysts predict that Darden Restaurants's share price could stay at $165.28 by Dec 6, 2022. The average Darden Restaurants stock price prediction forecasts a potential downside of N/A from the current DRI share price of $146.64.

What is DRI's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's current Earnings Per Share (EPS) is $6.33. On average, analysts forecast that DRI's EPS will be $7.41 for 2022, with the lowest EPS forecast at $7.00, and the highest EPS forecast at $7.85. On average, analysts forecast that DRI's EPS will be $8.28 for 2023, with the lowest EPS forecast at $7.80, and the highest EPS forecast at $8.70. In 2024, DRI's EPS is forecast to hit $9.26 (min: $9.26, max: $9.26).

What is DRI's forecast return on equity (ROE) for 2022-2024?

(NYSE: DRI) forecast ROE is 43.66%, which is considered strong.
©2021 WallStreetZen
Company
AboutBlogPlansPrivacy PolicyTerms of ServiceCancellation & RefundsContact
Stocks
Stock ScreenerStock ForecastHighest Earnings StocksBest Dividend Paying StocksStatisticsTrending Stocks
Analysts
Top Performing Analysts
Social
TwitterYouTube
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.