Dine Brands Global, Inc. (NYSE:DIN – Get Free Report) has earned an average rating of “Hold” from the eight analysts that are covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $29.00.
A number of research firms have recently issued reports on DIN. KeyCorp reduced their price target on shares of Dine Brands Global from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Piper Sandler reduced their price target on shares of Dine Brands Global from $40.00 to $38.00 and set a “neutral” rating for the company in a research report on Monday, November 18th. UBS Group reduced their price target on shares of Dine Brands Global from $32.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Wedbush reduced their price target on shares of Dine Brands Global from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Finally, Barclays reduced their price target on shares of Dine Brands Global from $32.00 to $26.00 and set an “equal weight” rating for the company in a research report on Thursday, March 6th.
Check Out Our Latest Stock Analysis on Dine Brands Global
Hedge Funds Weigh In On Dine Brands Global
Dine Brands Global Trading Up 1.9 %
DIN stock opened at $24.91 on Monday. Dine Brands Global has a one year low of $22.36 and a one year high of $48.39. The firm has a market capitalization of $379.90 million, a PE ratio of 4.14 and a beta of 1.86. The firm has a 50-day moving average of $27.35 and a two-hundred day moving average of $30.19.
Dine Brands Global (NYSE:DIN – Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The restaurant operator reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.48). The company had revenue of $204.80 million during the quarter, compared to analysts’ expectations of $200.75 million. Dine Brands Global had a negative return on equity of 37.75% and a net margin of 11.31%. Dine Brands Global’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the company earned $1.40 earnings per share. On average, equities research analysts anticipate that Dine Brands Global will post 5.84 earnings per share for the current year.
Dine Brands Global Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be issued a $0.51 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.04 dividend on an annualized basis and a yield of 8.19%. Dine Brands Global’s dividend payout ratio is currently 48.46%.
Dine Brands Global Company Profile
Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.
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