Shares of DineEquity Inc (NYSE:DIN) have earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $59.36.

Several research firms recently issued reports on DIN. ValuEngine lowered shares of DineEquity from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Maxim Group raised their target price on shares of DineEquity from $55.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of DineEquity from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. TheStreet lowered shares of DineEquity from a “c” rating to a “d+” rating in a research report on Friday, November 10th. Finally, BidaskClub upgraded shares of DineEquity from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th.

Shares of DineEquity (DIN) opened at $49.50 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of -6.40. The stock has a market cap of $911.46, a P/E ratio of 10.56 and a beta of 0.50. DineEquity has a 52-week low of $36.71 and a 52-week high of $87.70.

DineEquity (NYSE:DIN) last posted its quarterly earnings results on Thursday, November 9th. The restaurant operator reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.01. The business had revenue of $144.67 million for the quarter, compared to analyst estimates of $146.92 million. DineEquity had a negative net margin of 64.74% and a positive return on equity of 64.43%. The firm’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.46 EPS. analysts forecast that DineEquity will post 4.06 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Monday, December 18th will be given a $0.97 dividend. The ex-dividend date of this dividend is Friday, December 15th. This represents a $3.88 dividend on an annualized basis and a yield of 7.84%. DineEquity’s dividend payout ratio is currently -17.77%.

In other news, Director Larry Alan Kay sold 778 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $45.14, for a total transaction of $35,118.92. Following the completion of the transaction, the director now owns 8,513 shares of the company’s stock, valued at $384,276.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.15% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in DIN. FMR LLC raised its stake in shares of DineEquity by 59.4% during the second quarter. FMR LLC now owns 2,697,013 shares of the restaurant operator’s stock valued at $118,803,000 after acquiring an additional 1,005,504 shares during the last quarter. Koch Industries Inc. bought a new position in shares of DineEquity during the second quarter valued at $305,000. Contrarius Investment Management Ltd bought a new position in shares of DineEquity during the third quarter valued at $12,803,000. EdgePoint Investment Group Inc. raised its stake in shares of DineEquity by 41.7% during the second quarter. EdgePoint Investment Group Inc. now owns 599,055 shares of the restaurant operator’s stock valued at $26,388,000 after acquiring an additional 176,412 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of DineEquity by 17.3% during the second quarter. Wells Fargo & Company MN now owns 886,539 shares of the restaurant operator’s stock valued at $39,051,000 after acquiring an additional 130,946 shares during the last quarter. 92.83% of the stock is owned by hedge funds and other institutional investors.

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About DineEquity

DineEquity, Inc, through its subsidiaries, owns and franchises the Applebee’s Neighborhood Grill & Bar (Applebee’s) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry.

Analyst Recommendations for DineEquity (NYSE:DIN)

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