Cracker Barrel Old Country Store (NASDAQ:CBRL) Price Target Raised to $31.00

Cracker Barrel Old Country Store (NASDAQ:CBRL) had its target price increased by UBS Group from $26.00 to $31.00 in a research report released on Thursday morning, Marketbeat.com reports. The brokerage currently has a neutral rating on the restaurant operator’s stock.

Several other research firms have also recently commented on CBRL. Gordon Haskett raised shares of Cracker Barrel Old Country Store to a “strong sell” rating in a research report on Wednesday, December 10th. Truist Financial boosted their price target on shares of Cracker Barrel Old Country Store from $45.00 to $47.00 and gave the company a “buy” rating in a research report on Thursday. Benchmark reissued a “hold” rating on shares of Cracker Barrel Old Country Store in a research note on Tuesday, January 20th. Wells Fargo & Company lowered their price objective on shares of Cracker Barrel Old Country Store from $42.00 to $30.00 and set an “equal weight” rating for the company in a report on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cracker Barrel Old Country Store has a consensus rating of “Reduce” and a consensus target price of $37.75.

Cracker Barrel Old Country Store Trading Down 5.2%

NASDAQ CBRL opened at $29.44 on Thursday. Cracker Barrel Old Country Store has a fifty-two week low of $24.85 and a fifty-two week high of $71.93. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.16 and a current ratio of 0.49. The stock has a 50 day simple moving average of $31.01 and a two-hundred day simple moving average of $35.79. The stock has a market cap of $657.98 million, a P/E ratio of -163.55 and a beta of 1.24.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings results on Wednesday, March 4th. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.35. The company had revenue of $874.82 million during the quarter, compared to analyst estimates of $862.89 million. Cracker Barrel Old Country Store had a positive return on equity of 4.25% and a negative net margin of 0.12%.The firm’s revenue was down 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.38 earnings per share. On average, analysts forecast that Cracker Barrel Old Country Store will post 2.76 earnings per share for the current year.

Cracker Barrel Old Country Store Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Friday, April 10th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, April 10th. Cracker Barrel Old Country Store’s payout ratio is currently 133.33%.

Insiders Place Their Bets

In other Cracker Barrel Old Country Store news, major shareholder Gmt Capital Corp sold 42,400 shares of Cracker Barrel Old Country Store stock in a transaction on Monday, December 29th. The stock was sold at an average price of $25.56, for a total transaction of $1,083,744.00. Following the completion of the transaction, the insider owned 2,240,200 shares in the company, valued at approximately $57,259,512. The trade was a 1.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 254,400 shares of company stock worth $6,661,464. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Cracker Barrel Old Country Store

Institutional investors have recently modified their holdings of the stock. Parvin Asset Management LLC increased its holdings in shares of Cracker Barrel Old Country Store by 4.4% during the second quarter. Parvin Asset Management LLC now owns 8,295 shares of the restaurant operator’s stock valued at $507,000 after acquiring an additional 350 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Cracker Barrel Old Country Store by 7.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,716 shares of the restaurant operator’s stock worth $349,000 after purchasing an additional 389 shares in the last quarter. Newbridge Financial Services Group Inc. grew its position in Cracker Barrel Old Country Store by 16.6% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 2,808 shares of the restaurant operator’s stock valued at $71,000 after purchasing an additional 400 shares during the last quarter. Assetmark Inc. grew its position in Cracker Barrel Old Country Store by 517.3% during the 2nd quarter. Assetmark Inc. now owns 500 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 419 shares during the last quarter. Finally, Arizona State Retirement System increased its stake in Cracker Barrel Old Country Store by 7.2% during the 3rd quarter. Arizona State Retirement System now owns 6,258 shares of the restaurant operator’s stock valued at $276,000 after purchasing an additional 419 shares in the last quarter. 96.01% of the stock is owned by hedge funds and other institutional investors.

Key Cracker Barrel Old Country Store News

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Q2 earnings beat expectations — Cracker Barrel reported $0.25 EPS versus a consensus loss, which provided near‑term relief and supported after‑hours strength following the print. Zacks: Q2 Earnings Beat
• Positive Sentiment: Analyst support — multiple firms raised price targets (e.g., Truist to $47 with a Buy, Wells Fargo to $35 Equal Weight, UBS to $31 Neutral), which can limit downside and attract buyers who follow analyst revisions. Truist PT Raise
• Positive Sentiment: Dividend reinstated — the company declared a $0.25 quarterly dividend (annualized yield ~3.3%), which supports income‑oriented investors and reduces selling pressure from yield seekers.
• Neutral Sentiment: Company messaging and calls — management hosted the Q2 call and released transcripts; commentary framed as “progress amid pressure,” but execution details and timing remain uncertain. TipRanks: Earnings Call Summary
• Neutral Sentiment: Rebuild plans after logo controversy — the company has outlined steps to fix brand and operations after last year’s logo backlash; this reduces long‑term reputational risk but the financial payoff is unclear. Inc: Plans to Rebuild
• Neutral Sentiment: Short‑interest data appears unreliable — recent entries show zero shares/NaN changes, so short‑interest signals are not informative for current move.
• Negative Sentiment: Revenue and comps weakness — revenues fell year‑over‑year (~7.9% in the quarter) and comps declined; management narrowed its FY26 sales outlook, which pressures near‑term growth expectations and valuation. Seeking Alpha: Results & Outlook
• Negative Sentiment: Ongoing reputational drag — major press coverage highlights that Cracker Barrel is still repairing its business after the logo fiasco; that continued scrutiny can weigh on traffic and investor confidence. WSJ: Works to Repair Business
• Negative Sentiment: Mixed analyst stance — Citigroup raised its target to $28 but kept a Sell rating, signaling continued analyst skepticism despite isolated PT lifts; this mixed messaging can keep sentiment volatile. Benzinga: Citi PT

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.