Dine Brands Global, Inc. (NYSE:DIN) Receives $46.43 Average Price Target from Analysts

Shares of Dine Brands Global, Inc. (NYSE:DIN) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $46.14.

DIN has been the topic of several recent analyst reports. KeyCorp reduced their target price on shares of Dine Brands Global from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Friday, October 18th. Benchmark restated a “hold” rating on shares of Dine Brands Global in a research report on Tuesday, October 29th. UBS Group dropped their price objective on shares of Dine Brands Global from $51.00 to $44.00 and set a “buy” rating for the company in a report on Thursday. Wedbush reiterated an “outperform” rating and issued a $47.00 target price on shares of Dine Brands Global in a research note on Thursday. Finally, StockNews.com lowered Dine Brands Global from a “buy” rating to a “hold” rating in a research report on Tuesday.

Institutional Trading of Dine Brands Global

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of Dine Brands Global by 12.5% in the first quarter. BNP Paribas Financial Markets now owns 12,832 shares of the restaurant operator’s stock worth $596,000 after acquiring an additional 1,426 shares in the last quarter. Quantbot Technologies LP raised its stake in Dine Brands Global by 58.7% in the 1st quarter. Quantbot Technologies LP now owns 12,320 shares of the restaurant operator’s stock valued at $573,000 after acquiring an additional 4,557 shares during the period. Headlands Technologies LLC raised its position 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 during the period. First Eagle Investment Management LLC raised its holdings in Dine Brands Global by 9.9% in the 1st quarter. First Eagle Investment Management LLC now owns 260,032 shares of the restaurant operator’s stock valued at $12,086,000 after acquiring an additional 23,400 shares during the period. Finally, EntryPoint Capital LLC acquired a new stake in Dine Brands Global during the 1st quarter worth approximately $132,000. 92.83% of the stock is owned by institutional investors.

Dine Brands Global Trading Down 2.1 %

NYSE:DIN opened at $35.25 on Tuesday. Dine Brands Global has a 1 year low of $28.25 and a 1 year high of $52.05. The firm’s fifty day simple moving average is $31.07 and its 200 day simple moving average is $35.04. The firm has a market capitalization of $539.33 million, a PE ratio of 5.91 and a beta of 1.71.

Dine Brands Global (NYSE:DIN) last posted its quarterly 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 firm 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 35.88% and a net margin of 11.14%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.46 EPS. As a group, analysts anticipate that Dine Brands Global will post 5.77 EPS for the current fiscal year.

Dine Brands Global Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 20th were given 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 yield of 5.79%. Dine Brands Global’s payout ratio is 34.23%.

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.