Investors who bought $1,000 worth of Cracker Barrel’s shares 5 years ago would now be looking at an investment worth $381.70. The Barchart Technical Opinion rating is a 64% Sell with a Weakest short term outlook on maintaining the current direction. All market data (will open in new tab) is provided by Barchart Solutions. The “old country” themed restaurant chain has bounced back from last summer’s painful plunge. Unfortunately, the upswing is based on some clumsy business tactics.

  • You have already added five stocks to your watchlist.
  • Comparable store retail sales fell 8.1% from the prior-year quarter.
  • 8 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Cracker Barrel Old Country Store in the last year.
  • This represents a $5.20 annualized dividend and a yield of 7.03%.
  • The next Cracker Barrel Old (CBRL) dividend date is projected to be Thursday, January 18, 2024.

Sign-up to receive the latest news and ratings for Cracker Barrel Old Country Store and its competitors with MarketBeat’s FREE daily newsletter. Treasury hovering around a 15-year high, bonds have emerged as an attractive alternative to dividend-paying stocks. Fiscal fourth-quarter sales of $836.7 million at Cracker Barrel miss analysts’ forecasts. Analysts forecast ‘Revenues- Restaurant’ to reach $663.88 million. The estimate suggests a change of +2.6% year over year.

Add them to your StockStory watchlist and every time a stock we cover moves more than 5%, we provide you with a timely explanation straight to your inbox. The combined https://broker-review.org/ assessment of analysts suggests that ‘Revenues- Retail’ will likely reach $167.38 million. The estimate indicates a change of -5.5% from the prior-year quarter.

Price Target and Rating

Adjusted EBITDA was $45.7 million, or 5.5% of total revenue, a 16.6% decrease compared to the prior year’s quarter Adjusted EBITDA of $54.8 million, or 6.5% of total revenue. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. These restaurant stocks might have possibilities, even with coronavirus still active in the U.S. We’d like to share more about how we work and what drives our day-to-day business.

Cracker Barrel Old Country Store’s stock is owned by many different retail and institutional investors. Insiders that own company stock include Laura A Daily and Sandra B Cochran. This repurchase authorization authorizes the company to buy up to 9.9% https://forex-reviews.org/ of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued. Cracker Barrel Old Country Store declared a quarterly dividend on Thursday, November 30th.

News

Revenues are forecasted to be $826.15 million, representing a year-over-year decrease of 1.6%. Cracker Barrel’s shares are somewhat volatile and over the last year have had 9 moves greater than 5%. In context of that, today’s move is indicating the market considers this news meaningful but not something that would fundamentally change its perception of the business.

Newsstand

A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 1,243 employees have rated Cracker Barrel Old Country Store Chief https://forexbroker-listing.com/ Executive Officer Sandra B. Cochran on Glassdoor.com. Sandra B. Cochran has an approval rating of 71% among the company’s employees. Click the link below and we’ll send you MarketBeat’s list of seven best retirement stocks and why they should be in your portfolio.

Per-Share Earnings, Actuals and Estimates

The consensus among Wall Street analysts is that investors should “hold” CBRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBRL, but not buy additional shares or sell existing shares. According to the collective judgment of analysts, ‘Comparable-store sales – Retail – YoY change’ should come in at -6.5%. Compared to the present estimate, the company reported 4.3% in the same quarter last year. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.

About MarketBeat

Stockholders of record on Friday, January 19th will be given a dividend of $1.30 per share on Tuesday, February 13th. This represents a $5.20 annualized dividend and a yield of 7.03%. Typically, restaurants see sales rise during the summer, but as consumers’ financial challenges persist, Cracker Barrel is seeing its customers continue to pull back. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

CRACKER BARREL REPORTS FIRST QUARTER FISCAL 2024 RESULTS

As of September 15, 2021, it operated 664 Cracker Barrel stores in 45 states. The company was founded in 1969 and is headquartered in Lebanon, Tennessee. 8 Wall Street 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 2 buy ratings for the stock.