Cracker Barrel Old Country Store, Inc. (CBRL) To Go Ex-Dividend on January 16th

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) declared a quarterly dividend on Thursday, November 20th. Stockholders of record on Friday, January 16th will be given a dividend of 0.25 per share by the restaurant operator on Wednesday, February 11th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, January 16th.

Cracker Barrel Old Country Store has decreased its dividend by an average of 0.2%annually over the last three years. Cracker Barrel Old Country Store has a dividend payout ratio of 32.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Cracker Barrel Old Country Store to earn $3.10 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 32.3%.

Cracker Barrel Old Country Store Price Performance

Shares of NASDAQ CBRL opened at $32.06 on Wednesday. The stock’s 50 day moving average price is $27.97 and its 200-day moving average price is $44.02. The company has a quick ratio of 0.16, a current ratio of 0.51 and a debt-to-equity ratio of 0.93. Cracker Barrel Old Country Store has a twelve month low of $24.85 and a twelve month high of $71.93. The company has a market capitalization of $715.90 million, a PE ratio of 42.75 and a beta of 1.27.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, December 9th. The restaurant operator reported ($0.74) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.78) by $0.04. The firm had revenue of $797.19 million during the quarter, compared to analyst estimates of $806.71 million. Cracker Barrel Old Country Store had a return on equity of 9.74% and a net margin of 0.49%.The business’s revenue was down 5.7% compared to the same quarter last year. During the same period last year, the firm posted $0.45 EPS. On average, equities analysts anticipate that Cracker Barrel Old Country Store will post 2.76 EPS for the current year.

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.