Tech Funds Are Hemorrhaging Cash: Sell This Stock Now
U.S. technology funds are HEMORRHAGING cash. It's the biggest selloff since the 2022 bear market. A 50-year Wall Street veteran just explained everything you need to know. For now, he's pounding the table on the No. 1 tech stock to BUY before 2024 comes to an end... And the No. 1 tech stock Wall Street says to sell NOW.
Shares Stats
| Shares Outstanding | 117,500,000 |
| Shares Float | 117,000,000 |
| Shares Short | 6,670,000 |
| Insider Holdings | 42% |
| Institution Holdings | 97.13% |
About Darden Restaurants, Inc
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.
General
| Name | Darden Restaurants, Inc |
| Ticker | DRI |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Restaurants |
| Currency | USD |
| Country | USA |
| Fiscal Year End | May |
| Full Time Employees | 191,105 |
Highlights
| Analyst Target | 195.44 |
| Market Cap | 22,540,600,000 |
| PE Ratio | 21.51 |
| PEG Ratio | 1.95 |
| EBITDA | 1,789,500,032 |
Financials
| Curr Year EPS Estimate | 8.84 |
| Profit Margin | 9.01% |
| Operating Margin | 11.74 |
| Return on Assets | 0.07 |
| Return on Equity | 0.49 |
| Revenue | 11.6B |
| Earnings Per Share | 8.95 |
| Revenue Per Share | 95.70 |
| Gross Profit | 1,995,000,000 |
| Quarterly Revenue Growth | 0.01 |
Valuation
| Trailing PE | 20.96 |
| Forward PE | 19.38 |
| Price/Sales (Trailing 12 Mt.) | 1.93 |
| Price/Book (Most Recent Quarter) | 10.41 |
Dividend
Darden Restaurants, Inc pays out a dividend of $5.67 per share, with a dividend yield of 3.02%.
DRI's last dividend payment was made to shareholders on November 1, 2024.
They pay out 61.60% of their earnings out as a dividend.
Recent Dividends
| Nov 1, 2024 | $1.40 |
| Aug 1, 2024 | $1.40 |
| May 1, 2024 | $1.31 |
| Feb 1, 2024 | $1.31 |
| Nov 1, 2023 | $1.31 |
| Aug 1, 2023 | $1.31 |
| May 1, 2023 | $1.21 |
| Feb 1, 2023 | $1.21 |
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