Cracker Barrel Old Country Store (CBRL) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cracker Barrel Old Country Store in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" CBRL shares.
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7 Wall Street analysts have issued 1 year price objectives for Cracker Barrel Old Country Store's stock. Their CBRL share price targets range from $61.00 to $105.00. On average, they anticipate the company's stock price to reach $76.57 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
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Cracker Barrel Old Country Store's stock was trading at $77.08 at the start of the year. Since then, CBRL stock has decreased by 23.8% and is now trading at $58.70.
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Cracker Barrel Old Country Store saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,870,000 shares, an increase of 7.9% from the March 15th total of 2,660,000 shares. Based on an average daily trading volume, of 622,500 shares, the days-to-cover ratio is currently 4.6 days. Currently, 13.2% of the shares of the stock are sold short.
View Cracker Barrel Old Country Store's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our CBRL earnings forecast.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) released its quarterly earnings data on Tuesday, February, 27th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.08. The restaurant operator earned $935.40 million during the quarter, compared to the consensus estimate of $917.83 million. Cracker Barrel Old Country Store had a trailing twelve-month return on equity of 23.13% and a net margin of 2.43%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.48 EPS.

Cracker Barrel Old Country Store announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, April 12th will be given a dividend of $1.30 per share on Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 8.86%. The ex-dividend date of this dividend is Thursday, April 11th.
Read our dividend analysis for CBRL.

Cracker Barrel Old Country Store (NASDAQ:CBRL) pays an annual dividend of $5.20 per share and currently has a dividend yield of 8.65%. CBRL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 138.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CBRL will have a dividend payout ratio of 100.58% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CBRL.

ETFs with the largest weight of Cracker Barrel Old Country Store (NASDAQ:CBRL) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WBI Power Factor High Dividend ETF (WBIY) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY).

Cracker Barrel Old Country Store declared that its Board of Directors has approved a share buyback program on Tuesday, June 7th 2022, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Cracker Barrel Old Country Store updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.5 billion-$3.6 billion, compared to the consensus revenue estimate of $3.5 billion.

1,243 employees have rated Cracker Barrel Old Country Store Chief Executive Officer Sandra B. Cochran on Glassdoor.com. Sandra B. Cochran has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cracker Barrel Old Country Store investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), AT&T (T), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Johnson & Johnson (JNJ), Endologix (ELGX), Micron Technology (MU), Brinker International (EAT) and QUALCOMM (QCOM).

Cracker Barrel Old Country Store's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Olstein Capital Management L.P. (0.38%), Miller Howard Investments Inc. NY (0.18%), Aviance Capital Partners LLC (0.08%), Arden Trust Co (0.05%), Future Financial Wealth Managment LLC (0.00%) and CWM LLC (0.00%). Insiders that own company stock include Laura A Daily and Sandra B Cochran.
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Shares of CBRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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