Analysts expect over 2020 decreasing revenue Darden Restaurants, relatively high dividend

Tomorrow the American Darden Restaurantswill publish its past quarters figures. Over the current book year the total revenue will be 7,78 billion USD (consensus estimates). This is slightly lower than 2018's revenue of 8,51 billion USD.

Historical revenues and results Darden Restaurantsplus estimates 2020

The analysts expect for 2020 a net profit of 324 million USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 2,65 USD. The price/earnings-ratio therefore equals 28,95.

Huge dividend Darden Restaurants

Per share the analysts expect a dividend of 2,64 USD per share. The dividend yield is then 3,44 percent. The average dividend yield of the restaurants & bars companies equals a good 2,08 percent.

Based on the current number of shares Darden Restaurants's market capitalization equals 9,47 billion USD. The Darden Restaurantsstock was the past 12 months quite volatile. Since last June the stock is 33 percent lower. This year the stock price moved between 26 and 128 dollar. Since 2008 the stock price is almost 92 percent higher.

Historical stock prices Darden Restaurantsperiod 2007-2020

Click here for dividend Darden Restaurants. On Monday, the stock closed at 76,71 USD.

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