Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) released its quarterly earnings data on Thursday. The restaurant operator reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.02, Bloomberg Earnings reports. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The business had revenue of $218.50 million for the quarter, compared to analysts’ expectations of $220.77 million. During the same quarter in the previous year, the business posted $0.57 EPS. Dunkin’ Brands Group’s revenue for the quarter was up 1.0% on a year-over-year basis. Dunkin’ Brands Group updated its FY17 guidance to $2.40-2.43 EPS.

Dunkin’ Brands Group (NASDAQ DNKN) traded up 1.87% on Thursday, hitting $53.50. The company’s stock had a trading volume of 4,204,144 shares. The firm has a 50 day moving average of $55.03 and a 200-day moving average of $54.77. The stock has a market cap of $4.93 billion, a PE ratio of 24.10 and a beta of 0.22. Dunkin’ Brands Group has a 12 month low of $43.81 and a 12 month high of $59.70.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Monday, August 28th will be given a dividend of $0.3225 per share. This represents a $1.29 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Thursday, August 24th. Dunkin’ Brands Group’s dividend payout ratio (DPR) is 57.85%.

Institutional investors have recently bought and sold shares of the company. Sit Investment Associates Inc. raised its position in Dunkin’ Brands Group by 7.1% in the first quarter. Sit Investment Associates Inc. now owns 116,450 shares of the restaurant operator’s stock worth $6,367,000 after buying an additional 7,750 shares during the last quarter. Navellier & Associates Inc raised its position in Dunkin’ Brands Group by 5.6% in the first quarter. Navellier & Associates Inc now owns 89,571 shares of the restaurant operator’s stock worth $4,898,000 after buying an additional 4,722 shares during the last quarter. Retirement Systems of Alabama raised its position in Dunkin’ Brands Group by 12.2% in the first quarter. Retirement Systems of Alabama now owns 271,175 shares of the restaurant operator’s stock worth $14,828,000 after buying an additional 29,536 shares during the last quarter. State of Alaska Department of Revenue raised its position in Dunkin’ Brands Group by 5.2% in the first quarter. State of Alaska Department of Revenue now owns 18,645 shares of the restaurant operator’s stock worth $1,019,000 after buying an additional 919 shares during the last quarter. Finally, Anderson Hoagland & Co. raised its position in Dunkin’ Brands Group by 20.7% in the first quarter. Anderson Hoagland & Co. now owns 17,475 shares of the restaurant operator’s stock worth $956,000 after buying an additional 3,000 shares during the last quarter. 94.32% of the stock is owned by hedge funds and other institutional investors.

DNKN has been the topic of several recent analyst reports. Argus upgraded Dunkin’ Brands Group from a “hold” rating to a “buy” rating and lifted their price objective for the company from $58.84 to $68.00 in a report on Tuesday, June 6th. Citigroup Inc. cut their price objective on Dunkin’ Brands Group from $64.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, April 11th. Maxim Group reiterated a “buy” rating on shares of Dunkin’ Brands Group in a report on Monday, April 10th. Zacks Investment Research upgraded Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Monday, July 17th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $64.00 target price on shares of Dunkin’ Brands Group in a research report on Friday, July 21st. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $55.80.

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Dunkin’ Brands Group Company Profile

Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

Earnings History for Dunkin` Brands Group (NASDAQ:DNKN)

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