Brinker International (EAT) Stock Price, News & Analysis

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 3 sell ratings, 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EAT, but not buy additional shares or sell existing shares.
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14 Wall Street analysts have issued 12 month price objectives for Brinker International's shares. Their EAT share price targets range from $31.00 to $55.00. On average, they predict the company's share price to reach $43.00 in the next year. This suggests that the stock has a possible downside of 4.5%.
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Brinker International's stock was trading at $43.18 on January 1st, 2024. Since then, EAT stock has increased by 4.2% and is now trading at $45.01.
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Brinker International saw a drop in short interest in March. As of March 31st, there was short interest totaling 5,850,000 shares, a drop of 6.4% from the March 15th total of 6,250,000 shares. Based on an average trading volume of 1,280,000 shares, the short-interest ratio is currently 4.6 days. Currently, 13.5% of the company's shares are sold short.
View Brinker International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our EAT earnings forecast.

Brinker International, Inc. (NYSE:EAT) announced its earnings results on Wednesday, January, 31st. The restaurant operator reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.05. The restaurant operator had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. Brinker International had a negative trailing twelve-month return on equity of 113.41% and a net margin of 3.63%.

Brinker International (NYSE:EAT) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 44.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EAT will have a dividend payout ratio of 37.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EAT.

ETFs with the largest weight of Brinker International (NYSE:EAT) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Invesco Leisure and Entertainment ETF (PEJ) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).Harbor Corporate Culture Small Cap ETF (HAPS).

Brinker International issued an update on its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.540. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion.

980 employees have rated Brinker International Chief Executive Officer Wyman Roberts on Glassdoor.com. Wyman Roberts has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brinker International investors own include Cracker Barrel Old Country Store (CBRL), AT&T (T), Ford Motor (F), AbbVie (ABBV), Boeing (BA), Intel (INTC), QUALCOMM (QCOM), Energy Transfer (ET), Pfizer (PFE) and General Motors (GM).

Brinker International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.03%) and Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Daniel S Fuller, Douglas N Comings, Harriet Edelman, Joseph G Taylor, Prashant Ranade, Rick Badgley, Steve Provost, Wade Allen and Wyman Roberts.
View institutional ownership trends.

Shares of EAT 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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