CBRL Stock Gets Stronger EPS Forecast from Zacks Research

Posted by Brian Himes on Oct 9th, 2026

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Free Report) – Research analysts at Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for shares of Cracker Barrel Old Country Store in a research report issued to clients and investors on Wednesday, October 7th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings per share of ($0.10) for the quarter, up from their prior estimate of ($0.22). Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is $1.45 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q2 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.44 EPS, FY2027 earnings at $1.30 EPS, Q1 2028 earnings at $0.09 EPS and Q4 2028 earnings at $0.52 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last posted its quarterly earnings data on Wednesday, September 23rd. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.82. Cracker Barrel Old Country Store had a return on equity of 4.01% and a net margin of 0.95%.The firm had revenue of $849.34 million for the quarter, compared to the consensus estimate of $834.57 million. During the same quarter in the previous year, the company earned $0.74 EPS. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year.

A number of other research firms have also issued reports on CBRL. Bank of America restated an “underperform” rating and set a $48.00 price target on shares of Cracker Barrel Old Country Store in a report on Thursday, September 24th. Wall Street Zen upgraded shares of Cracker Barrel Old Country Store from a “strong sell” rating to a “hold” rating in a research report on Saturday, June 13th. Piper Sandler reiterated a “neutral” rating and set a $51.00 price objective on shares of Cracker Barrel Old Country Store in a research report on Wednesday, July 22nd. Weiss Ratings downgraded shares of Cracker Barrel Old Country Store from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Finally, Citigroup increased their target price on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the company a “sell” rating in a report on Friday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and a consensus price target of $50.86.

Check Out Our Latest Analysis on CBRL

Cracker Barrel Old Country Store Stock Performance

Shares of CBRL opened at $55.34 on Friday. The company has a 50-day moving average of $53.91 and a two-hundred day moving average of $43.96. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 39.53, a PEG ratio of 1.44 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.58 and a quick ratio of 0.24. Cracker Barrel Old Country Store has a one year low of $24.85 and a one year high of $60.26.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP bought a new stake in shares of Cracker Barrel Old Country Store in the 1st quarter valued at approximately $858,000. Biglari Sardar bought a new position in Cracker Barrel Old Country Store during the second quarter valued at approximately $3,685,215. Pinnacle Holdings LLC acquired a new stake in Cracker Barrel Old Country Store in the second quarter valued at approximately $1,639,000. Legal & General Group Plc acquired a new stake in Cracker Barrel Old Country Store in the second quarter valued at approximately $2,867,000. Finally, Fifth Third Bancorp lifted its stake in Cracker Barrel Old Country Store by 5,188.7% in the first quarter. Fifth Third Bancorp now owns 29,405 shares of the restaurant operator’s stock valued at $827,000 after acquiring an additional 28,849 shares during the last quarter. Institutional investors and hedge funds own 96.01% of the company’s stock.

Insider Activity at Cracker Barrel Old Country Store

In related news, SVP Donna Roberts sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $52.08, for a total transaction of $182,280.00. Following the completion of the sale, the senior vice president directly owned 43,702 shares in the company, valued at approximately $2,276,000.16. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.40% of the company’s stock.

Cracker Barrel Old Country Store Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 12th. Stockholders of record on Friday, October 16th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, October 16th. Cracker Barrel Old Country Store’s dividend payout ratio is 71.43%.

Key Cracker Barrel Old Country Store News

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

Positive Sentiment: Analysts raised forward earnings estimates. Zacks Research increased its EPS forecasts for Q3 2027 to $0.36 from $0.26, Q2 2028 to $0.75 from $0.68, Q3 2028 to $0.44 from $0.37 and fiscal 2028 to $1.81 from $1.75. The firm projects $2.52 in fiscal 2029 EPS and maintains a “Strong-Buy” rating, reinforcing expectations for sustained profit improvement. MarketBeat analyst estimates
Positive Sentiment: The turnaround narrative remains supportive. A Zacks analysis said CBRL’s shares have risen about 90% over six months as traffic, food quality and margins improve. The stock was also identified among companies considered likely to beat earnings estimates in upcoming results. Cracker Barrel Soars 90% in 6 Months: Buy or Sell the Stock?
Neutral Sentiment: Fiscal fourth-quarter results were reported. A report indicated that Cracker Barrel released its fiscal Q4 results, but the available article information did not provide the key financial figures or management outlook needed to assess the earnings impact. Cracker Barrel Old Country Store stock reports fiscal Q4 results
Negative Sentiment: Valuation and consumer risks could limit further gains. After its sharp rally, CBRL’s valuation leaves less room for disappointing results, while weakness in consumer spending could slow traffic and the broader recovery. Valuation and consumer risks analysis
Negative Sentiment: Shareholder activism adds uncertainty. The Accountability Board submitted a shareholder proposal, potentially increasing pressure on management and creating governance-related uncertainty for investors. The Accountability Board shareholder proposal

About Cracker Barrel Old Country Store

(Get Free Report)

Cracker Barrel Old Country Store, Inc operates full-service restaurants combined with country-themed retail stores under the Cracker Barrel Old Country Store brand. Its restaurants serve Southern-inspired comfort food, including breakfast items, lunch and dinner entrées, biscuits, desserts and beverages. The retail stores offer home décor, apparel, gifts, seasonal merchandise, toys and other products with a traditional country and Americana theme.

Founded in 1969 by Dan Evins, Cracker Barrel opened its first location in Lebanon, Tennessee.