Wall Street analysts expect that Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) will report sales of $213.53 million for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Dunkin’ Brands Group’s earnings, with the lowest sales estimate coming in at $210.87 million and the highest estimate coming in at $216.52 million. Dunkin’ Brands Group reported sales of $207.10 million during the same quarter last year, which indicates a positive year over year growth rate of 3.1%. The firm is scheduled to issue its next earnings results on Thursday, October 19th.

According to Zacks, analysts expect that Dunkin’ Brands Group will report full-year sales of $213.53 million for the current fiscal year, with estimates ranging from $830.60 million to $845.81 million. For the next fiscal year, analysts anticipate that the business will report sales of $873.87 million per share, with estimates ranging from $865.60 million to $887.75 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that cover Dunkin’ Brands Group.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. The business had revenue of $218.50 million for the quarter, compared to analyst estimates of $220.77 million. During the same quarter last year, the firm earned $0.57 EPS. Dunkin’ Brands Group’s revenue for the quarter was up 1.0% compared to the same quarter last year.

A number of equities analysts have recently weighed in on DNKN shares. BMO Capital Markets reaffirmed a “hold” rating on shares of Dunkin’ Brands Group in a research report on Wednesday, September 6th. Bank of America Corporation restated a “neutral” rating and set a $62.00 price target (up previously from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Maxim Group restated a “buy” rating and set a $64.00 price target on shares of Dunkin’ Brands Group in a research note on Thursday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a research note on Thursday, August 3rd. Finally, Argus raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and raised their price objective for the company from $58.84 to $68.00 in a research note on Tuesday, June 6th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the stock. Dunkin’ Brands Group presently has a consensus rating of “Hold” and an average price target of $57.95.

Shares of Dunkin’ Brands Group (NASDAQ DNKN) traded up 0.08% during trading on Wednesday, hitting $53.12. 297,114 shares of the stock traded hands. The firm has a market cap of $4.79 billion, a P/E ratio of 23.30 and a beta of 0.24. The company has a 50-day moving average of $52.52 and a 200-day moving average of $54.58. Dunkin’ Brands Group has a 52 week low of $46.55 and a 52 week high of $59.70.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Monday, August 28th were issued a $0.3225 dividend. The ex-dividend date was Thursday, August 24th. This represents a $1.29 annualized dividend and a dividend yield of 2.43%. Dunkin’ Brands Group’s payout ratio is currently 56.33%.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $52.80, for a total value of $1,742,400.00. Following the transaction, the senior vice president now directly owns 33,000 shares in the company, valued at approximately $1,742,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. Navellier & Associates Inc increased its holdings in shares of Dunkin’ Brands Group by 5.2% in the 2nd quarter. Navellier & Associates Inc now owns 94,229 shares of the restaurant operator’s stock worth $5,194,000 after buying an additional 4,658 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of Dunkin’ Brands Group during the 2nd quarter valued at $278,000. Piedmont Investment Advisors LLC lifted its holdings in shares of Dunkin’ Brands Group by 43.4% during the 2nd quarter. Piedmont Investment Advisors LLC now owns 35,933 shares of the restaurant operator’s stock worth $1,981,000 after acquiring an additional 10,879 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of Dunkin’ Brands Group by 1.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 27,578 shares of the restaurant operator’s stock worth $1,520,000 after acquiring an additional 476 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new stake in shares of Dunkin’ Brands Group during the 2nd quarter worth $316,000. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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