Dine Brands Global (DIN) Set to Announce Quarterly Earnings on Wednesday

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

Dine Brands Global (NYSE:DIN) last announced its quarterly earnings data on Wednesday, February 28th. The restaurant operator reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.28. Dine Brands Global had a net margin of 11.69% and a negative return on equity of 37.72%. The business had revenue of $206.30 million for the quarter, compared to analyst estimates of $206.24 million. During the same period in the prior year, the firm posted $1.34 EPS. The company’s revenue was down .8% on a year-over-year basis. 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

Dine Brands Global stock opened at $43.83 on Monday. Dine Brands Global has a 1 year low of $42.00 and a 1 year high of $69.05. The firm has a 50 day moving average price of $45.72 and a 200 day moving average price of $46.29. The company has a market cap of $677.17 million, a price-to-earnings ratio of 7.04 and a beta of 1.68.

Dine Brands Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 5th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.65%. Dine Brands Global’s dividend payout ratio (DPR) is presently 32.74%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Truist Financial lifted their target price on Dine Brands Global from $70.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, February 29th. Barclays decreased their price objective on shares of Dine Brands Global from $64.00 to $57.00 and set an “overweight” rating for the company in a research note on Thursday, February 29th. StockNews.com raised shares of Dine Brands Global from a “hold” rating to a “buy” rating in a research note on Friday. Benchmark upped their price target on shares of Dine Brands Global from $63.00 to $68.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Finally, Wedbush raised 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. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.