Dine Brands Global (DIN) Scheduled to Post Quarterly Earnings on Wednesday

Dine Brands Global (NYSE:DIN) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $1.59 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Dine Brands Global (NYSE:DIN) last posted its 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. The company had revenue of $206.30 million for the quarter, compared to analyst estimates of $206.24 million. Dine Brands Global had a negative return on equity of 37.72% and a net margin of 11.69%. The business’s revenue was down .8% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. 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

DIN opened at $43.83 on Monday. The company has a market cap of $677.17 million, a PE ratio of 7.04 and a beta of 1.68. The stock has a 50-day moving average of $45.72 and a 200-day moving average of $46.29. Dine Brands Global has a 52-week low of $42.00 and a 52-week high of $69.05.

Dine Brands Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Wednesday, March 20th were issued a $0.51 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $2.04 annualized dividend and a yield of 4.65%. Dine Brands Global’s dividend payout ratio (DPR) is currently 32.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. KeyCorp reduced their target price on Dine Brands Global from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Tuesday, April 9th. Wedbush boosted their target price on Dine Brands Global from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. StockNews.com upgraded Dine Brands Global from a “hold” rating to a “buy” rating in a report on Friday. Barclays reduced their target price on Dine Brands Global from $64.00 to $57.00 and set an “overweight” rating for the company in a report on Thursday, February 29th. Finally, Benchmark boosted their target price on Dine Brands Global from $63.00 to $68.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, 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.