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

Dine Brands Global (NYSE:DIN) is scheduled to announce its earnings results before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of $1.37 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 issued its quarterly earnings data on Wednesday, August 7th. The restaurant operator reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.07. The firm had revenue of $206.30 million during the quarter, compared to the consensus estimate of $210.46 million. Dine Brands Global had a negative return on equity of 35.88% and a net margin of 11.14%. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.82 EPS. On average, analysts expect Dine Brands Global to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Dine Brands Global Stock Down 2.6 %

DIN stock opened at $29.85 on Tuesday. The company has a market cap of $456.68 million, a P/E ratio of 5.01 and a beta of 1.71. Dine Brands Global has a twelve month low of $28.25 and a twelve month high of $52.05. The business has a fifty day moving average of $30.95 and a 200-day moving average of $35.12.

Dine Brands Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th were given a dividend of $0.51 per share. The ex-dividend date was Friday, September 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.83%. Dine Brands Global’s payout ratio is currently 34.23%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DIN shares. Wedbush raised Dine Brands Global from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $34.00 to $47.00 in a research note on Tuesday, October 1st. KeyCorp cut their price target on Dine Brands Global from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday, October 18th. UBS Group cut their price target on Dine Brands Global from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Barclays dropped their target price on Dine Brands Global from $54.00 to $38.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Finally, CL King lowered Dine Brands Global from a “buy” rating to a “neutral” rating in a research note on Monday. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Dine Brands Global currently has a consensus rating of “Moderate Buy” and an average price target of $46.43.

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.