Dine Brands Global, Inc. (NYSE:DIN) Receives $29.00 Consensus PT from Analysts

Shares of Dine Brands Global, Inc. (NYSE:DIN) have earned a consensus rating of “Hold” from the eight research firms that are covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $29.00.

A number of equities research analysts recently weighed in on DIN shares. Wedbush decreased their price objective on Dine Brands Global from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. UBS Group decreased their price objective on Dine Brands Global from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. KeyCorp cut their price target on shares of Dine Brands Global from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Sanford C. Bernstein set a $26.00 price target on shares of Dine Brands Global in a report on Thursday, March 6th. Finally, Barclays cut their price objective on shares of Dine Brands Global from $32.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 6th.

Hedge Funds Weigh In On Dine Brands Global

A number of large investors have recently bought and sold shares of DIN. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Dine Brands Global during the fourth quarter worth $1,374,000. PharVision Advisers LLC acquired a new position in shares of Dine Brands Global during the 4th quarter worth about $345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Dine Brands Global by 8.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,285 shares of the restaurant operator’s stock worth $1,423,000 after purchasing an additional 3,704 shares during the last quarter. WBI Investments LLC lifted its stake in Dine Brands Global by 49.7% in the 4th quarter. WBI Investments LLC now owns 13,146 shares of the restaurant operator’s stock valued at $396,000 after buying an additional 4,363 shares in the last quarter. Finally, Twinbeech Capital LP acquired a new stake in Dine Brands Global in the 4th quarter worth about $256,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Dine Brands Global Price Performance

Shares of Dine Brands Global stock opened at $20.99 on Friday. Dine Brands Global has a 1 year low of $19.63 and a 1 year high of $46.26. The stock has a market cap of $328.20 million, a price-to-earnings ratio of 3.49 and a beta of 1.44. The firm’s 50-day moving average is $26.14 and its two-hundred day moving average is $29.49.

Dine Brands Global (NYSE:DIN) last released its quarterly earnings data 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 business had revenue of $204.80 million for the quarter, compared to the consensus estimate of $200.75 million. Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. Dine Brands Global’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.40 earnings per share. On average, equities analysts expect 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 was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were issued a $0.51 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.04 dividend on an annualized basis and a yield of 9.72%. Dine Brands Global’s payout ratio is 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.