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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cracker Barrel Old Country Store in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CBRL shares.
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7 equities research analysts have issued 12-month target prices 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 twelve months. This suggests a possible upside of 35.5% from the stock's current price.
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Cracker Barrel Old Country Store's stock was trading at $77.08 at the beginning of the year. Since then, CBRL shares have decreased by 26.7% and is now trading at $56.50.
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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 trading volume of 622,500 shares, the days-to-cover ratio is currently 4.6 days. Approximately 13.2% of the shares of the company are short sold.
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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) announced its quarterly earnings data on Tuesday, February, 27th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.08. The restaurant operator had revenue of $935.40 million for the quarter, compared to analyst estimates of $917.83 million. Cracker Barrel Old Country Store had a net margin of 2.43% and a trailing twelve-month return on equity of 23.13%. The business's revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $1.48 earnings per share.

Cracker Barrel Old Country Store declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, April 12th will be paid a dividend of $1.30 per share on Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date 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 100.39% 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), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY).

Cracker Barrel Old Country Store announced that its board has approved a stock repurchase program on Tuesday, June 7th 2022, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 9.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

Cracker Barrel Old Country Store issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) 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 number of institutional and retail investors. Top institutional investors include 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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