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

Dine Brands Global (NYSE:DIN) is set 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 registering for the company’s conference call can do so using this link.

Dine Brands Global (NYSE:DIN) last released its earnings results on Wednesday, August 7th. The restaurant operator reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.07. The company had revenue of $206.30 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the business 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 Price Performance

NYSE DIN opened at $29.85 on Tuesday. The stock has a market capitalization of $456.68 million, a price-to-earnings ratio of 5.01 and a beta of 1.71. Dine Brands Global has a one year low of $28.25 and a one year high of $52.05. The business’s fifty day moving average is $30.95 and its 200-day moving average is $35.12.

Dine Brands Global Dividend Announcement

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

Analysts Set New Price Targets

DIN has been the topic of a number of research reports. UBS Group lowered their price objective on Dine Brands Global from $56.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. KeyCorp decreased their price target on Dine Brands Global from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Friday, October 18th. CL King cut Dine Brands Global from a “buy” rating to a “neutral” rating in a research report on Monday. Wedbush upgraded Dine Brands Global from a “neutral” rating to an “outperform” rating and upped their price target for the company from $34.00 to $47.00 in a research report on Tuesday, October 1st. Finally, Barclays decreased their price target on Dine Brands Global from $54.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average 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.