Zacks Research Issues Positive Forecast for CBRL Earnings

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Cracker Barrel Old Country Store in a report released on Wednesday, March 18th. Zacks Research analyst Team now expects that the restaurant operator will post earnings of ($0.27) per share for the quarter, up from their prior forecast of ($0.41). Zacks Research has a “Hold” rating on the stock. The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is $2.76 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q4 2026 earnings at $0.01 EPS, FY2026 earnings at ($0.75) EPS, Q1 2027 earnings at ($0.27) EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.61 EPS, FY2027 earnings at $0.77 EPS, Q1 2028 earnings at ($0.10) EPS and FY2028 earnings at $1.81 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Wednesday, March 4th. The restaurant operator reported $0.25 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.35. Cracker Barrel Old Country Store had a negative net margin of 0.12% and a positive return on equity of 4.25%. The company had revenue of $874.82 million during the quarter, compared to the consensus estimate of $862.89 million. During the same quarter in the prior year, the company posted $1.38 earnings per share. The firm’s revenue for the quarter was down 7.9% on a year-over-year basis.

Other equities analysts also recently issued research reports about the company. Truist Financial boosted their target price on Cracker Barrel Old Country Store from $45.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a report on Monday, December 29th. Piper Sandler cut their price objective on Cracker Barrel Old Country Store from $49.00 to $27.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 10th. Citigroup upped their price objective on Cracker Barrel Old Country Store from $24.00 to $28.00 and gave the company a “sell” rating in a research note on Thursday, March 5th. Finally, UBS Group raised their target price on Cracker Barrel Old Country Store from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $37.75.

Cracker Barrel Old Country Store Trading Down 1.7%

NASDAQ:CBRL opened at $26.94 on Monday. Cracker Barrel Old Country Store has a 52 week low of $24.85 and a 52 week high of $71.93. The firm has a 50-day moving average price of $31.08 and a two-hundred day moving average price of $33.40. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.18 and a current ratio of 0.49. The firm has a market cap of $602.11 million, a price-to-earnings ratio of -149.66 and a beta of 1.24.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Friday, April 10th will be paid a $0.25 dividend. The ex-dividend date is Friday, April 10th. This represents a $1.00 annualized dividend and a yield of 3.7%. Cracker Barrel Old Country Store’s dividend payout ratio is presently -555.56%.

Insider Buying and Selling

In other Cracker Barrel Old Country Store news, major shareholder Gmt Capital Corp sold 42,400 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $25.56, for a total transaction of $1,083,744.00. Following the completion of the transaction, the insider directly owned 2,240,200 shares of the company’s stock, valued at approximately $57,259,512. This represents a 1.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.40% of the company’s stock.

Institutional Trading of Cracker Barrel Old Country Store

Several hedge funds have recently made changes to their positions in CBRL. GMT Capital Corp grew its stake in shares of Cracker Barrel Old Country Store by 39.7% during the 2nd quarter. GMT Capital Corp now owns 2,833,700 shares of the restaurant operator’s stock worth $173,082,000 after acquiring an additional 805,100 shares during the period. Alliancebernstein L.P. lifted its holdings in Cracker Barrel Old Country Store by 19.5% during the third quarter. Alliancebernstein L.P. now owns 1,459,983 shares of the restaurant operator’s stock valued at $64,327,000 after purchasing an additional 237,741 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Cracker Barrel Old Country Store by 13,737.1% during the third quarter. Franklin Resources Inc. now owns 930,131 shares of the restaurant operator’s stock valued at $40,982,000 after purchasing an additional 923,409 shares during the last quarter. State Street Corp boosted its position in Cracker Barrel Old Country Store by 1.1% during the fourth quarter. State Street Corp now owns 872,995 shares of the restaurant operator’s stock worth $22,174,000 after purchasing an additional 9,332 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Cracker Barrel Old Country Store by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 743,413 shares of the restaurant operator’s stock worth $32,756,000 after purchasing an additional 15,661 shares in the last quarter. 96.01% of the stock is currently owned by institutional investors.

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.