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Cracker Barrel Old Country Store

Nasdaq:CBRL
Snowflake Description

Established dividend payer with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CBRL
Nasdaq
$4B
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The last earnings update was 16 days ago. More info.


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CBRL Share Price and Events
7 Day Returns
1.2%
NasdaqGS:CBRL
0.9%
US Hospitality
1.2%
US Market
1 Year Returns
2.7%
NasdaqGS:CBRL
-9.1%
US Hospitality
2.3%
US Market
CBRL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cracker Barrel Old Country Store (CBRL) 1.2% -0.2% 5.6% 2.7% -2% 68.1%
US Hospitality 0.9% 1.2% 2.4% -9.1% 41.6% 21.5%
US Market 1.2% 2% 2% 2.3% 37.9% 39.8%
1 Year Return vs Industry and Market
  • CBRL outperformed the Hospitality industry which returned -9.1% over the past year.
Price Volatility
CBRL
Industry
5yr Volatility vs Market

Value

 Is Cracker Barrel Old Country Store undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cracker Barrel Old Country Store to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cracker Barrel Old Country Store.

NasdaqGS:CBRL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:CBRL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.926 (1 + (1- 21%) (9.9%))
0.999
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.999 * 5.96%)
8.68%

Discounted Cash Flow Calculation for NasdaqGS:CBRL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cracker Barrel Old Country Store is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:CBRL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.68%)
2019 207.40 Analyst x2 190.83
2020 194.80 Analyst x2 164.92
2021 186.10 Analyst x1 144.96
2022 181.67 Est @ -2.38% 130.20
2023 180.13 Est @ -0.85% 118.79
2024 180.54 Est @ 0.23% 109.54
2025 182.30 Est @ 0.98% 101.77
2026 185.04 Est @ 1.5% 95.05
2027 188.50 Est @ 1.87% 89.09
2028 192.51 Est @ 2.13% 83.72
Present value of next 10 years cash flows $1,228.88
NasdaqGS:CBRL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $192.51 × (1 + 2.73%) ÷ (8.68% – 2.73%)
$3,321.89
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,321.89 ÷ (1 + 8.68%)10
$1,444.60
NasdaqGS:CBRL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,228.88 + $1,444.60
$2,673.47
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,673.47 / 24.04
$111.19
NasdaqGS:CBRL Discount to Share Price
Calculation Result
Value per share (USD) From above. $111.19
Current discount Discount to share price of $168.78
= -1 x ($168.78 - $111.19) / $111.19
-51.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Cracker Barrel Old Country Store is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cracker Barrel Old Country Store's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cracker Barrel Old Country Store's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:CBRL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-03) in USD $9.15
NasdaqGS:CBRL Share Price ** NasdaqGS (2019-06-19) in USD $168.78
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 22.6x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cracker Barrel Old Country Store.

NasdaqGS:CBRL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CBRL Share Price ÷ EPS (both in USD)

= 168.78 ÷ 9.15

18.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cracker Barrel Old Country Store is good value based on earnings compared to the US Hospitality industry average.
  • Cracker Barrel Old Country Store is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Cracker Barrel Old Country Store's expected growth come at a high price?
Raw Data
NasdaqGS:CBRL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
4.9%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 55 Publicly-Listed Hospitality Companies 1.98x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NasdaqGS:CBRL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.46x ÷ 4.9%

3.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cracker Barrel Old Country Store is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Cracker Barrel Old Country Store's assets?
Raw Data
NasdaqGS:CBRL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-03) in USD $26.95
NasdaqGS:CBRL Share Price * NasdaqGS (2019-06-19) in USD $168.78
United States of America Hospitality Industry PB Ratio Median Figure of 112 Publicly-Listed Hospitality Companies 2.22x
United States of America Market PB Ratio Median Figure of 5,246 Publicly-Listed Companies 1.8x
NasdaqGS:CBRL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CBRL Share Price ÷ Book Value per Share (both in USD)

= 168.78 ÷ 26.95

6.26x

* Primary Listing of Cracker Barrel Old Country Store.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cracker Barrel Old Country Store is overvalued based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Cracker Barrel Old Country Store's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Cracker Barrel Old Country Store has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cracker Barrel Old Country Store expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cracker Barrel Old Country Store expected to grow at an attractive rate?
  • Cracker Barrel Old Country Store's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Cracker Barrel Old Country Store's earnings growth is positive but not above the United States of America market average.
  • Cracker Barrel Old Country Store's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:CBRL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:CBRL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 4.9%
NasdaqGS:CBRL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 2.5%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:CBRL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:CBRL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-07-31 3,243 246 2
2020-07-31 3,141 371 225 8
2019-07-31 3,066 352 218 8
NasdaqGS:CBRL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-05-03 3,096 362 220
2019-02-01 3,078 373 218
2018-11-02 3,054 352 248
2018-08-03 3,030 331 248
2018-04-27 2,963 339 240
2018-01-26 2,942 320 238
2017-10-27 2,927 324 200
2017-07-28 2,926 321 202
2017-04-28 2,929 325 199
2017-01-27 2,928 335 201
2016-10-28 2,920 311 197
2016-07-29 2,912 271 189

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cracker Barrel Old Country Store's earnings are expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
  • Cracker Barrel Old Country Store's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:CBRL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Cracker Barrel Old Country Store Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CBRL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-07-31 10.26 11.30 9.21 2.00
2020-07-31 9.36 10.06 9.15 6.00
2019-07-31 9.06 9.12 9.00 6.00
NasdaqGS:CBRL Past Financials Data
Date (Data in USD Millions) EPS *
2019-05-03 9.15
2019-02-01 9.08
2018-11-02 10.35
2018-08-03 10.31
2018-04-27 10.00
2018-01-26 9.92
2017-10-27 8.32
2017-07-28 8.40
2017-04-28 8.29
2017-01-27 8.39
2016-10-28 8.21
2016-07-29 7.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Cracker Barrel Old Country Store is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Cracker Barrel Old Country Store's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cracker Barrel Old Country Store has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cracker Barrel Old Country Store performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cracker Barrel Old Country Store's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cracker Barrel Old Country Store's year on year earnings growth rate has been positive over the past 5 years.
  • Cracker Barrel Old Country Store's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Cracker Barrel Old Country Store's 1-year earnings growth is negative, it can't be compared to the US Hospitality industry average.
Earnings and Revenue History
Cracker Barrel Old Country Store's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cracker Barrel Old Country Store Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CBRL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-03 3,095.75 219.73 769.75
2019-02-01 3,077.56 218.06 762.97
2018-11-02 3,053.62 248.45 756.35
2018-08-03 3,030.45 247.62 745.65
2018-04-27 2,962.78 240.16 734.83
2018-01-26 2,941.78 238.34 724.04
2017-10-27 2,926.69 199.92 713.41
2017-07-28 2,926.29 201.90 704.71
2017-04-28 2,928.65 199.03 699.52
2017-01-27 2,928.37 201.27 698.69
2016-10-28 2,919.69 196.79 699.50
2016-07-29 2,912.35 189.30 697.52
2016-04-29 2,885.95 185.68 685.83
2016-01-29 2,869.52 171.82 682.46
2015-10-30 2,861.49 170.74 674.01
2015-07-31 2,842.28 163.90 667.35
2015-05-01 2,815.85 155.69 661.62
2015-01-30 2,775.44 149.10 171.71
2014-10-31 2,717.96 138.99 400.31
2014-08-01 2,683.68 132.13 635.92
2014-05-02 2,665.03 127.25 882.45
2014-01-31 2,662.14 123.12 1,598.60
2013-11-01 2,666.32 121.23 1,603.11
2013-08-02 2,644.63 117.27 625.86
2013-05-03 2,670.54 117.66 1,602.10
2013-02-01 2,638.65 112.03 1,587.64
2012-11-02 2,609.21 102.47 1,576.86
2012-08-03 2,580.20 103.08 1,560.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cracker Barrel Old Country Store has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Cracker Barrel Old Country Store used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Cracker Barrel Old Country Store's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cracker Barrel Old Country Store's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cracker Barrel Old Country Store has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cracker Barrel Old Country Store's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cracker Barrel Old Country Store's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cracker Barrel Old Country Store's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cracker Barrel Old Country Store's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cracker Barrel Old Country Store's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cracker Barrel Old Country Store Company Filings, last reported 1 month ago.

NasdaqGS:CBRL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-03 648.02 401.68 167.59
2019-02-01 628.62 400.51 169.81
2018-11-02 600.18 400.00 102.07
2018-08-03 581.78 400.00 114.83
2018-04-27 640.38 400.04 174.30
2018-01-26 615.63 401.71 168.89
2017-10-27 547.70 404.08 120.24
2017-07-28 544.51 406.88 161.03
2017-04-28 601.96 406.52 183.69
2017-01-27 581.72 406.54 185.70
2016-10-28 547.11 416.14 125.11
2016-07-29 526.44 422.25 150.97
2016-04-29 580.43 417.57 176.69
2016-01-29 554.87 415.99 171.64
2015-10-30 533.51 411.98 127.54
2015-07-31 538.27 409.82 265.46
2015-05-01 584.07 409.70 202.05
2015-01-30 561.63 414.59 182.61
2014-10-31 538.16 402.35 105.85
2014-08-01 528.64 407.94 119.36
2014-05-02 487.20 407.91 88.24
2014-01-31 497.18 409.76 91.35
2013-11-01 475.85 411.30 57.54
2013-08-02 484.03 411.64 121.72
2013-05-03 455.33 416.95 58.46
2013-02-01 434.29 546.96 186.15
2012-11-02 402.90 554.00 118.87
2012-08-03 382.68 559.52 151.96
  • Cracker Barrel Old Country Store's level of debt (62%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (83.6% vs 62% today).
  • Debt is well covered by operating cash flow (90.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.9x coverage).
X
Financial health checks
We assess Cracker Barrel Old Country Store's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cracker Barrel Old Country Store has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cracker Barrel Old Country Store's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.86%
Current annual income from Cracker Barrel Old Country Store dividends. Estimated to be 4.12% next year.
If you bought $2,000 of Cracker Barrel Old Country Store shares you are expected to receive $97 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cracker Barrel Old Country Store's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Cracker Barrel Old Country Store's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).
Upcoming dividend payment

Purchase Cracker Barrel Old Country Store before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:CBRL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 47 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:CBRL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-07-31 8.45 1.00
2020-07-31 6.93 4.00
2019-07-31 6.61 4.00
NasdaqGS:CBRL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-04 8.200 4.909
2019-03-05 8.750 5.447
2019-02-26 8.750 5.428
2018-11-30 8.750 5.198
2018-11-27 8.750 4.809
2018-09-28 8.750 5.458
2018-09-18 8.750 6.006
2018-05-29 8.750 5.712
2018-05-22 8.750 5.509
2018-02-20 8.300 5.157
2017-09-29 8.300 5.147
2017-05-23 8.300 5.304
2017-02-27 7.850 4.904
2017-02-21 7.850 4.884
2016-09-26 7.850 5.170
2016-09-14 7.850 5.642
2016-02-29 4.400 2.834
2015-12-09 4.400 3.405
2015-09-28 4.400 3.201
2015-06-02 4.400 2.957
2015-02-27 4.000 2.776
2015-02-24 4.000 2.679
2014-10-03 4.000 3.209
2014-04-30 4.000 4.016
2014-02-28 3.000 3.068
2013-12-06 3.000 2.903
2013-09-26 3.000 2.777
2013-06-03 3.000 3.038
2013-03-04 2.000 2.431
2012-12-10 2.000 3.053
2012-09-19 2.000 3.101
2012-04-26 1.600 2.614
2012-02-24 1.000 1.785
2011-12-20 1.000 1.899
2011-09-13 1.000 2.296
2011-05-26 0.880 1.981
2011-02-24 0.880 1.774
2010-12-02 0.880 1.645
2010-09-24 0.880 1.649
2010-05-27 0.800 1.668
2010-02-25 0.800 1.655
2009-12-03 0.800 2.076
2009-09-14 0.800 2.295

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Cracker Barrel Old Country Store's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Cracker Barrel Old Country Store's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cracker Barrel Old Country Store afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cracker Barrel Old Country Store has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cracker Barrel Old Country Store's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sandy Cochran
COMPENSATION $6,234,602
AGE 60
TENURE AS CEO 7.8 years
CEO Bio

Ms. Sandra Brophy Cochran, also known as Sandy, has been the Chief Executive Officer of Cracker Barrel Old Country Store, Inc. since September 12, 2011 and also its President since November 3, 2010. Ms. Cochran served as the Chief Operating Officer of Cracker Barrel from November 3, 2010 to September 12, 2011. She served as the Chief Financial Officer and Executive Vice President of Cracker Barrel from April 6, 2009 to November 3, 2010. She joined Cracker Barrel in April 2009. She served as President of Books-A-Million Inc. from August 1999 to March 11, 2009 and as its Chief Executive Officer from February 1, 2004 to March 11, 2009. She served as Secretary of Books-A-Million Inc. since June 1998 until March 11, 2009. She served as the Executive Vice President of Books-A-Million Inc. from February 1996 to August 1999 and as its Chief Financial Officer from September 1993 to August 1999. Ms. Cochran served as Vice President and Assistant Secretary of Books-A-Million Inc. from August 1992 to September 1993 and also served as its Vice President, Finance. Ms. Cochran has 25 years of experience in the retail industry and nine years of experience in the restaurant industry. Ms. Cochran served as a Vice President (as well as in other capacities) of SunTrust Securities, Inc., a subsidiary of SunTrust Banks, Inc. for more than five years and also served as its Vice President, Corporate Finance for seven years. She has been a Director of Dollar General Corporation since December 5, 2012. She has been an Independent Director of Lowe's Companies, Inc. since January 29, 2016. She has been a Director of Cracker Barrel Old Country Store, Inc., since September 12, 2011. She served as a Director of Books-A-Million Inc. since June 2006 until March 11, 2009. She served in United States Army where she ultimately served as a Captain in the Ninth Infantry Division. She holds a chemical engineering degree from Vanderbilt University and a master of business administration from Pacific Lutheran University.

CEO Compensation
  • Sandy's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sandy's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Cracker Barrel Old Country Store management team in years:

4
Average Tenure
54.5
Average Age
  • The tenure for the Cracker Barrel Old Country Store management team is about average.
Management Team

Sandy Cochran

TITLE
President
COMPENSATION
$6M
AGE
60
TENURE
7.8 yrs

Jill Golder

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
56
TENURE
3 yrs

Rich Wolfson

TITLE
Senior VP
COMPENSATION
$1M
AGE
51
TENURE
1.9 yrs

Laura Daily

TITLE
Senior Vice President of Retail
COMPENSATION
$760K
AGE
55
TENURE
7.1 yrs

Jeff Wilson

TITLE
Principal Accounting Officer
AGE
43
TENURE
4 yrs

Adam Hannon

TITLE
Manager of Investor Relations

Doug Couvillion

TITLE
Senior Vice President of Sourcing & Supply Chain
AGE
54
TENURE
7.9 yrs

Michael Hackney

TITLE
Senior Vice President of Restaurant & Retail Operations
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Cracker Barrel Old Country Store board of directors in years:

7.4
Average Tenure
67.5
Average Age
  • The tenure for the Cracker Barrel Old Country Store board of directors is about average.
Board of Directors

Jim Bradford

TITLE
Independent Chairman
COMPENSATION
$305K
AGE
71
TENURE
6.6 yrs

Sandy Cochran

TITLE
President
COMPENSATION
$6M
AGE
60
TENURE
7.8 yrs

Andrea Weiss

TITLE
Independent Director
COMPENSATION
$228K
AGE
62
TENURE
15.8 yrs

Richard Dobkin

TITLE
Independent Director
COMPENSATION
$225K
AGE
73
TENURE
13.9 yrs

Coleman Peterson

TITLE
Independent Director
COMPENSATION
$216K
AGE
70
TENURE
8 yrs

Norman Johnson

TITLE
Independent Director
COMPENSATION
$221K
AGE
69
TENURE
6.8 yrs

Bill McCarten

TITLE
Independent Director
COMPENSATION
$214K
AGE
69
TENURE
7.8 yrs

Tom Barr

TITLE
Independent Director
COMPENSATION
$200K
AGE
50
TENURE
7.1 yrs

Meg Crofton

TITLE
Director
COMPENSATION
$235K
AGE
64
TENURE
1.9 yrs

Carl Berquist

TITLE
Director
AGE
66
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
25. May 19 Sell Biglari Capital Corp. Company 22. May 19 22. May 19 -2,520 $169.90 $-428,148
14. May 19 Sell Biglari Capital Corp. Company 10. May 19 10. May 19 -12,130 $170.02 $-2,062,343
20. Feb 19 Sell Biglari Capital Corp. Company 15. Feb 19 19. Feb 19 -29,704 $172.01 $-5,107,461
15. Feb 19 Sell Biglari Capital Corp. Company 12. Feb 19 14. Feb 19 -134,752 $170.11 $-22,898,628
12. Feb 19 Sell Biglari Capital Corp. Company 07. Feb 19 11. Feb 19 -78,673 $170.49 $-13,326,783
07. Feb 19 Sell Biglari Capital Corp. Company 04. Feb 19 06. Feb 19 -171,978 $170.30 $-29,223,413
29. Jan 19 Sell Biglari Capital Corp. Company 25. Jan 19 29. Jan 19 -166,179 $169.54 $-28,162,225
24. Jan 19 Sell Biglari Capital Corp. Company 22. Jan 19 24. Jan 19 -56,494 $169.19 $-9,557,989
19. Jan 19 Sell Biglari Capital Corp. Company 16. Jan 19 18. Jan 19 -9,461 $170.00 $-1,600,414
16. Jan 19 Sell Biglari Capital Corp. Company 16. Jan 19 16. Jan 19 -1,685 $170.00 $-286,450
15. Jan 19 Sell Biglari Capital Corp. Company 11. Jan 19 15. Jan 19 -149,683 $169.43 $-25,335,780
19. Dec 18 Sell Biglari Capital Corp. Company 14. Dec 18 18. Dec 18 -42,258 $172.42 $-7,236,050
14. Dec 18 Sell Biglari Capital Corp. Company 11. Dec 18 13. Dec 18 -129,600 $175.20 $-22,684,180
04. Dec 18 Sell Biglari Capital Corp. Company 29. Nov 18 03. Dec 18 -243,718 $182.57 $-44,420,151
27. Sep 18 Sell Laura Daily Individual 27. Sep 18 27. Sep 18 -2,740 $145.60 $-398,944
24. Sep 18 Sell Nicholas Flanagan Individual 24. Sep 18 24. Sep 18 -4,991 $145.81 $-727,760
X
Management checks
We assess Cracker Barrel Old Country Store's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cracker Barrel Old Country Store has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing Cracker Barrel Old Country Store (NASDAQ:CBRL), A Stock That Climbed 61% In The Last Five Years

Over half a decade, Cracker Barrel Old Country Store managed to grow its earnings per share at 11% a year. … NasdaqGS:CBRL Past and Future Earnings, June 10th 2019 Dive deeper into Cracker Barrel Old Country Store's key metrics by checking this interactive graph of Cracker Barrel Old Country Store's earnings, revenue and cash flow. … A Different Perspective We're pleased to report that Cracker Barrel Old Country Store shareholders have received a total shareholder return of 9.7% over one year.

Simply Wall St -

Estimating The Intrinsic Value Of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. … Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $216.70 $227.40 $228.59 $231.30 $235.11 $239.75 $245.02 $250.80 $257.00 $263.55 Growth Rate Estimate Source Analyst x1 Analyst x1 Est @ 0.52% Est @ 1.19% Est @ 1.65% Est @ 1.97% Est @ 2.2% Est @ 2.36% Est @ 2.47% Est @ 2.55% Present Value ($, Millions) Discounted @ 8.69% $199.37 $192.48 $178.02 $165.72 $154.98 $145.40 $136.71 $128.75 $121.38 $114.52 Present Value of 10-year Cash Flow (PVCF)= $1.54b "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … NasdaqGS:CBRL Intrinsic value, May 24th 2019 Important assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Why Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Is A Star In A Falling Market

High quality companies, such as Cracker Barrel Old Country Store, Inc., are impacted by general market panic and sell-off, but the fundamentals of these companies stay the same. … See our latest analysis for Cracker Barrel Old Country Store Cracker Barrel Old Country Store, Inc. … Characteristics I value in a long term investment are proven in Cracker Barrel Old Country Store, and I can continue to sleep easy at night with the stock as part of my portfolio.

Simply Wall St -

Should Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Be Part Of Your Dividend Portfolio?

(NASDAQ:CBRL) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. If you are hoping to live on your dividends, it's important to be more stringent with your investments than the average punter. Regular readers know we like to apply the same approach to each dividend stock, and we hope you'll find our analysis useful. With Cracker Barrel Old Country Store yielding 5.2% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. We'd guess that plenty of investors have purchased it for the income. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Cracker Barrel Old Country Store has been paying dividends for a long time, but for the purpose of this analysis, we only examine the past 10 years of payments. … Dividend Growth Potential While dividend payments have been relatively reliable, it would also be nice if earnings per share (EPS) were growing, as this is essential to maintaining the dividend's purchasing power over the long term. It's good to see Cracker Barrel Old Country Store has been growing its earnings per share at 13% a year over the past 5 years. Cracker Barrel Old Country Store's earnings per share have grown rapidly in recent years, although more than half of its profits are being paid out as dividends, which makes us wonder if the company has a limited number of reinvestment opportunities in its business. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

With A -8.6% Earnings Drop, Did Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Really Underperform?

Measuring Cracker Barrel Old Country Store, Inc.'s (NASDAQ:CBRL) track record of past performance is a valuable exercise for investors. … Commentary On CBRL's Past Performance. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 13%, indicating the rate at which CBRL is growing has slowed down

Simply Wall St -

How Many Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Shares Have Insiders Sold, In The Last Year?

But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Cracker Barrel Old Country Store Insider Transactions Over The Last Year. … In the last year Cracker Barrel Old Country Store insiders didn't buy any company stock

Simply Wall St -

What Does Cracker Barrel Old Country Store, Inc.'s (NASDAQ:CBRL) Balance Sheet Tell Us About It?

(NASDAQ:CBRL) with its market cap of US$3.7b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Assessing first and foremost the financial health is. … We'll look at some basic checks that can form a snapshot the company’s financial strength.

Simply Wall St -

Here's What We Think About Cracker Barrel Old Country Store, Inc.'s (NASDAQ:CBRL) CEO Pay

Sandy Cochran has been the CEO of Cracker Barrel Old Country Store, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Sandy Cochran's Compensation Compare With Similar Sized Companies.

Simply Wall St -

Why We Like Cracker Barrel Old Country Store, Inc.’s (NASDAQ:CBRL) 24% Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … First up, we'll look at what ROCE is and how we calculate it. … Return On Capital Employed (ROCE): What is it?

Simply Wall St -

How Many Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Shares Do Institutions Own?

A look at the shareholders of Cracker Barrel Old Country Store, Inc. … With a market capitalization of US$3.8b, Cracker Barrel Old Country Store is rather large. … See our latest analysis for Cracker Barrel Old Country Store

Simply Wall St -

Company Info

Description

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of a restaurant with a gift shop. The company’s restaurants serve breakfast, lunch, and dinner. Its gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparel, music CDs, cookware, and various other gift items, as well as pies, cornbread mixes, coffee, syrups, pancake mixes, candies, preserves, and other food items. As of September 20, 2018, the company operated 655 Cracker Barrel Old Country stores in 45 states. Cracker Barrel Old Country Store, Inc. was founded in 1969 and is headquartered in Lebanon, Tennessee.

Details
Name: Cracker Barrel Old Country Store, Inc.
CBRL
Exchange: NasdaqGS
Founded: 1969
$4,059,175,945
24,044,402
Website: http://www.crackerbarrel.com
Address: Cracker Barrel Old Country Store, Inc.
305 Hartmann Drive,
Lebanon,
Tennessee, 37087,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CBRL Common Shares Nasdaq Global Select US USD 05. Nov 1981
DB OLD Common Shares Deutsche Boerse AG DE EUR 05. Nov 1981
Number of employees
Current staff
Staff numbers
73,000
Cracker Barrel Old Country Store employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/20 00:20
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2019/06/05
Last earnings filing: 2019/06/04
Last earnings reported: 2019/05/03
Last annual earnings reported: 2018/08/03


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.