Zacks Research Analysts Increase Earnings Estimates for CBRL

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Cracker Barrel Old Country Store in a note issued to investors on Wednesday, March 18th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings of ($0.27) per share for the quarter, up from their previous estimate of ($0.41). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is $2.76 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q4 2026 earnings at $0.01 EPS, FY2026 earnings at ($0.75) EPS, Q1 2027 earnings at ($0.27) EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.61 EPS, FY2027 earnings at $0.77 EPS, Q1 2028 earnings at ($0.10) EPS and FY2028 earnings at $1.81 EPS.

CBRL has been the subject of several other research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a research report on Monday, December 29th. Piper Sandler decreased their target price on shares of Cracker Barrel Old Country Store from $49.00 to $27.00 and set a “neutral” rating on the stock in a report on Wednesday, December 10th. UBS Group boosted their target price on shares of Cracker Barrel Old Country Store from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Wells Fargo & Company upped their price target on shares of Cracker Barrel Old Country Store from $30.00 to $35.00 and gave the stock an “equal weight” rating in a report on Thursday, March 5th. Finally, Benchmark reiterated a “hold” rating on shares of Cracker Barrel Old Country Store in a research report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $37.75.

Cracker Barrel Old Country Store Stock Performance

CBRL opened at $27.41 on Monday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.18 and a current ratio of 0.49. Cracker Barrel Old Country Store has a 52-week low of $24.85 and a 52-week high of $71.93. The firm has a market cap of $612.61 million, a P/E ratio of -152.27 and a beta of 1.24. The business’s fifty day moving average is $31.19 and its 200-day moving average is $33.58.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings data on Wednesday, March 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.35. The firm had revenue of $874.82 million during the quarter, compared to analysts’ expectations 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 company’s quarterly revenue was down 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.38 EPS.

Cracker Barrel Old Country Store Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Shareholders 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 yield of 3.6%. The ex-dividend date is Friday, April 10th. Cracker Barrel Old Country Store’s payout ratio is currently -555.56%.

Insider Buying and Selling

In other news, major shareholder Gmt Capital Corp sold 42,400 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $25.56, for a total value of $1,083,744.00. Following the completion of the transaction, the insider owned 2,240,200 shares of the company’s stock, valued at approximately $57,259,512. This represents a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Cracker Barrel Old Country Store

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its stake in Cracker Barrel Old Country Store by 107.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,246 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 645 shares during the last quarter. Hamilton Wealth LLC bought a new stake in shares of Cracker Barrel Old Country Store during the fourth quarter worth $219,000. Invesco Ltd. grew its stake in shares of Cracker Barrel Old Country Store by 46.5% during the fourth quarter. Invesco Ltd. now owns 477,595 shares of the restaurant operator’s stock worth $12,131,000 after buying an additional 151,633 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Cracker Barrel Old Country Store during the fourth quarter worth $2,659,000. Finally, SummitTX Capital L.P. increased its holdings in shares of Cracker Barrel Old Country Store by 526.0% during the fourth quarter. SummitTX Capital L.P. now owns 107,626 shares of the restaurant operator’s stock worth $2,734,000 after buying an additional 90,434 shares in the last quarter. 96.01% of the stock is owned by institutional investors.

Cracker Barrel Old Country Store News Summary

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

• Positive Sentiment: Zacks raised several near‑term and cyclical estimates (examples: Q1 2028 to ($0.10) from ($0.14); Q1 2027 to ($0.27) from ($0.57); Q3 2026 to ($0.27) from ($0.41); and FY2026 to ($0.75) from ($1.05)) — suggests some recovery/earnings stabilization in the nearer term. MarketBeat: CBRL Zacks Notes
• Neutral Sentiment: Customer/brand interest story — an AOL piece highlights Cracker Barrel’s high pancake volume (consumer demand/brand traffic signal) but this is largely PR/consumer interest and not an immediate earnings driver. The Staggering Amount Of Pancakes Cracker Barrel Sells Per Year
• Negative Sentiment: Zacks trimmed longer‑term expectations — FY2027 was cut to $0.77 from $1.00 and FY2028 to $1.81 from $2.26, lowering the company’s medium‑term profitability outlook and reducing forward earnings power. MarketBeat: CBRL Zacks Notes
• Negative Sentiment: Zacks also reduced several specific quarterly estimates (e.g., Q4 2027 to $0.61 from $0.91; Q3 2027 to $0.17 from $0.40; Q4 2026 to $0.01 from $0.12) and another report flagged a negative Q2 outlook — these cuts increase uncertainty and likely pressured the stock. Zacks Research Has Negative Estimate for CBRL Q2 Earnings

Cracker Barrel Old Country Store Company Profile

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.