Brokers Offer Predictions for EAT Q3 Earnings

Brinker International, Inc. (NYSE:EAT) – Investment analysts at KeyCorp issued their Q3 2026 earnings per share estimates for Brinker International in a research report issued on Wednesday, April 1st. KeyCorp analyst C. Carril expects that the restaurant operator will post earnings of $2.86 per share for the quarter. KeyCorp has a “Overweight” rating and a $177.00 price objective on the stock. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share. KeyCorp also issued estimates for Brinker International’s Q4 2026 earnings at $3.08 EPS, FY2027 earnings at $12.56 EPS and FY2028 earnings at $13.82 EPS.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company posted $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS.

Several other research analysts have also recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Zacks Research downgraded Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 target price on the stock in a research note on Wednesday, January 21st. Finally, Citigroup boosted their target price on shares of Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $186.11.

Brinker International Price Performance

Shares of NYSE:EAT opened at $145.05 on Friday. The firm has a 50 day simple moving average of $149.65 and a 200 day simple moving average of $141.46. The company has a market cap of $6.32 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 1.02 and a beta of 1.34. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. Brinker International has a one year low of $100.30 and a one year high of $187.12.

Institutional Investors Weigh In On Brinker International

A number of hedge funds and other institutional investors have recently bought and sold shares of EAT. NewEdge Advisors LLC lifted its position in shares of Brinker International by 1,118.9% during the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after acquiring an additional 1,063 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Brinker International by 2.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 11,074 shares of the restaurant operator’s stock valued at $1,997,000 after purchasing an additional 234 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Brinker International by 29.9% during the 2nd quarter. Hsbc Holdings PLC now owns 16,214 shares of the restaurant operator’s stock valued at $2,921,000 after purchasing an additional 3,736 shares during the period. Norges Bank purchased a new stake in Brinker International during the 2nd quarter worth about $98,731,000. Finally, Schroder Investment Management Group lifted its holdings in Brinker International by 286.3% during the 2nd quarter. Schroder Investment Management Group now owns 74,303 shares of the restaurant operator’s stock worth $13,399,000 after purchasing an additional 55,068 shares in the last quarter.

Insider Buying and Selling at Brinker International

In other Brinker International news, CMO George S. Felix sold 10,431 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the transaction, the chief marketing officer owned 8,064 shares in the company, valued at $1,298,304. This trade represents a 56.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James C. Katzman sold 447 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $164.19, for a total transaction of $73,392.93. Following the completion of the sale, the director directly owned 28,994 shares in the company, valued at approximately $4,760,524.86. This trade represents a 1.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 97,678 shares of company stock valued at $15,700,372. Insiders own 1.43% of the company’s stock.

Brinker International Company Profile

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.