DRI Stock Summary and Trading Ideas (Darden Restaurants | NYSE:DRI)

Darden Restaurants is the largest restaurant operator in the us full-service space, with consolidated revenue of $11.4 billion in fiscal 2024 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 11 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, The Capital Burger, and most recently, Chuy's. 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 its fiscal 2024, the company operated 2,031 restaurants in the us.

Darden Restaurants trades on the NYSE stock market under the symbol DRI.

As of January 31, 2025, DRI stock price declined to $195.24 with 1,390,640 million shares trading.

DRI has a beta of 0.37, meaning it tends to be less sensitive to market movements. DRI has a correlation of 0.04 to the broad based SPY ETF.

DRI has a market cap of $22.87 billion. This is considered a Large Cap stock.

Last quarter Darden Restaurants reported $3 billion in Revenue and $2.03 earnings per share. This beat revenue expectation by $20 million and exceeded earnings estimates by $.01.

In the last 3 years, DRI traded as high as $196.80 and as low as $110.96.

The top ETF exchange traded funds that DRI belongs to (by Net Assets): VTI, SCHD, VOO, VO, SPY.

DRI has underperformed the market in the last year with a return of +22.6%, while SPY returned +24.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DRI shares. However, DRI has outperformed the market in the last 3 month and 2 week periods, returning +22.7% and +7.8%, while SPY returned +4.1% and +1.7%, respectively. This indicates DRI has been having a stronger performance recently.

DRI support price is $193.65 and resistance is $198.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DRI shares will trade within this expected range on the day.