Dine Brands Global (DIN) to Release Quarterly Earnings on Wednesday

Dine Brands Global (NYSE:DIN) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $1.59 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Dine Brands Global (NYSE:DIN) last released its quarterly earnings results on Wednesday, February 28th. The restaurant operator reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.28. Dine Brands Global had a negative return on equity of 37.72% and a net margin of 11.69%. The company had revenue of $206.30 million for the quarter, compared to analyst estimates of $206.24 million. During the same quarter in the prior year, the firm posted $1.34 EPS. Dine Brands Global’s quarterly revenue was down .8% compared to the same quarter last year. On average, analysts expect Dine Brands Global to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Dine Brands Global Stock Performance

NYSE:DIN opened at $44.13 on Wednesday. The stock’s fifty day moving average is $45.81 and its 200 day moving average is $46.43. Dine Brands Global has a fifty-two week low of $42.00 and a fifty-two week high of $69.71. The firm has a market capitalization of $681.81 million, a PE ratio of 7.08 and a beta of 1.68.

Dine Brands Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Wednesday, March 20th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $2.04 annualized dividend and a yield of 4.62%. Dine Brands Global’s payout ratio is presently 32.74%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. KeyCorp decreased their price target on Dine Brands Global from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, April 9th. StockNews.com lowered Dine Brands Global from a “buy” rating to a “hold” rating in a report on Monday, April 22nd. Barclays cut their price objective on Dine Brands Global from $64.00 to $57.00 and set an “overweight” rating on the stock in a research report on Thursday, February 29th. Wedbush upped their price objective on Dine Brands Global from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Finally, Benchmark upped their price objective on Dine Brands Global from $63.00 to $68.00 and gave the company a “buy” rating in a research report on Monday, March 4th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.43.

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.