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

Dine Brands Global (NYSE:DIN) will be announcing 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. Parties that wish to listen to the company’s conference call can do so using this link.

Dine Brands Global (NYSE:DIN) last released its quarterly earnings data on Wednesday, August 7th. The restaurant operator reported $1.71 EPS for the quarter, topping the consensus estimate of $1.64 by $0.07. Dine Brands Global had a negative return on equity of 35.88% and a net margin of 11.14%. The firm had revenue of $206.30 million for the quarter, compared to the consensus estimate of $210.46 million. During the same quarter in the previous year, the business earned $1.82 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. 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 Performance

Shares of DIN stock opened at $30.66 on Monday. The company has a market capitalization of $469.10 million, a P/E ratio of 5.14 and a beta of 1.71. Dine Brands Global has a fifty-two week low of $28.25 and a fifty-two week high of $52.05. The stock has a 50 day moving average price of $30.99 and a two-hundred day moving average price of $35.21.

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. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date was Friday, September 20th. Dine Brands Global’s payout ratio is 34.23%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DIN. UBS Group lowered their price target on Dine Brands Global from $56.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Wedbush raised Dine Brands Global from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $34.00 to $47.00 in a research note on Tuesday, October 1st. StockNews.com raised shares of Dine Brands Global from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th. KeyCorp dropped their target price on shares of Dine Brands Global from $37.00 to $36.00 and set an “overweight” rating for the company in a research report on Friday, October 18th. Finally, Benchmark reiterated a “hold” rating on shares of Dine Brands Global in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Dine Brands Global currently has a consensus rating of “Moderate Buy” and an average target price 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.