Dri stock price forecast analysts incorporating macroeconomic
Analysts incorporating macroeconomic metrics into the "DRI stock price forecast" note that declining unemployment rates correlate positively with higher discretionary dining spend. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return . The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Darden Restaurants, it has a TSR of -14% for the last 1 year. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! In other news, SVP Matthew R. Broad sold 733 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $218.50, for a total value of $160,160.50. Following the completion of the transaction, the senior vice president owned 14,367 shares of the company's stock, valued at $3,139,189.50. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Also, insider Laura B. Williamson sold 523 shares of Darden Restaurants stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $204.65, for a total transaction of $107,031.95. Following the completion of the sale, the insider directly owned 5,423 shares of the company's stock, valued at $1,109,816.95. The trade was a 8.80% decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 23,264 shares of company stock valued at $5,024,790 over the last quarter. Insiders own 0.49% of the company's stock. The "DRI stock price forecast" has gained relevance in sector ETFs tracking restaurant chains, with current weighting adjustments reflecting bullish sentiment on cost-efficient operators.
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