Q4 EPS Estimate for Dine Brands Global Lowered by Analyst

Dine Brands Global, Inc. (NYSE:DIN) – Equities researchers at Wedbush dropped their Q4 2024 earnings per share estimates for shares of Dine Brands Global in a research report issued to clients and investors on Thursday, November 7th. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings per share of $1.40 for the quarter, down from their previous estimate of $1.49. Wedbush currently has a “Outperform” rating and a $47.00 target price on the stock. The consensus estimate for Dine Brands Global’s current full-year earnings is $5.83 per share. Wedbush also issued estimates for Dine Brands Global’s Q2 2025 earnings at $1.71 EPS, Q4 2025 earnings at $1.51 EPS and FY2025 earnings at $6.18 EPS.

DIN has been the subject of a number of other reports. StockNews.com cut Dine Brands Global from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Barclays lifted their price objective on Dine Brands Global from $38.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. UBS Group decreased their price objective on Dine Brands Global from $51.00 to $44.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Benchmark reaffirmed a “hold” rating on shares of Dine Brands Global in a research note on Tuesday, October 29th. Finally, CL King cut Dine Brands Global from a “buy” rating to a “neutral” rating in a research note on Monday, November 4th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $46.14.

Dine Brands Global Stock Up 0.3 %

Shares of Dine Brands Global stock opened at $33.72 on Monday. Dine Brands Global has a 12 month low of $28.25 and a 12 month high of $52.05. The business has a fifty day simple moving average of $31.17 and a 200 day simple moving average of $34.74. The stock has a market cap of $514.10 million, a PE ratio of 5.61 and a beta of 1.71.

Dine Brands Global (NYSE:DIN) last released its earnings results on Wednesday, November 6th. The restaurant operator reported $1.44 EPS for the quarter, beating the consensus estimate of $1.34 by $0.10. The company had revenue of $195.00 million during the quarter, compared to analysts’ expectations of $198.40 million. Dine Brands Global had a negative return on equity of 37.75% and a net margin of 11.31%. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm earned $1.46 EPS.

Institutional Trading of Dine Brands Global

Institutional investors have recently modified their holdings of the company. Headlands Technologies LLC lifted its holdings in shares of Dine Brands Global by 438.7% in the first quarter. Headlands Technologies LLC now owns 765 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 623 shares in the last quarter. Summit Securities Group LLC bought a new stake in shares of Dine Brands Global in the second quarter valued at about $35,000. Quarry LP lifted its holdings in shares of Dine Brands Global by 32.8% in the second quarter. Quarry LP now owns 2,296 shares of the restaurant operator’s stock valued at $83,000 after purchasing an additional 567 shares in the last quarter. EntryPoint Capital LLC bought a new stake in shares of Dine Brands Global in the first quarter valued at about $132,000. Finally, EMC Capital Management bought a new stake in shares of Dine Brands Global in the first quarter valued at about $137,000. 92.83% of the stock is currently owned by institutional investors.

Dine Brands Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.05%. Dine Brands Global’s dividend payout ratio (DPR) is 33.94%.

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.