Wall Street analysts expect DineEquity Inc (NYSE:DIN) to announce earnings per share (EPS) of $0.64 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for DineEquity’s earnings. The lowest EPS estimate is $0.61 and the highest is $0.67. DineEquity posted earnings of $1.37 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 53.3%. The firm is expected to issue its next quarterly earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that DineEquity will report full-year earnings of $4.06 per share for the current financial year, with EPS estimates ranging from $4.03 to $4.09. For the next financial year, analysts anticipate that the firm will report earnings of $3.78 per share, with EPS estimates ranging from $3.53 to $4.02. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow DineEquity.

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

DIN has been the subject of several recent analyst reports. BidaskClub raised DineEquity from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. ValuEngine cut DineEquity from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised DineEquity from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. Maxim Group reaffirmed a “buy” rating and set a $55.00 target price on shares of DineEquity in a research note on Monday, October 30th. Finally, TheStreet cut DineEquity from a “c” rating to a “d+” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $57.64.

In other news, Director Larry Alan Kay sold 778 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $45.14, for a total transaction of $35,118.92. Following the completion of the sale, the director now directly owns 8,513 shares of the company’s stock, valued at $384,276.82. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.15% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DIN. Municipal Employees Retirement System of Michigan raised its stake in shares of DineEquity by 2.6% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 3,990 shares of the restaurant operator’s stock worth $176,000 after purchasing an additional 100 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of DineEquity during the 3rd quarter worth about $189,000. Crossmark Global Holdings Inc. purchased a new stake in shares of DineEquity during the 3rd quarter worth about $228,000. WBI Investments Inc. purchased a new stake in shares of DineEquity during the 2nd quarter worth about $230,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of DineEquity during the 2nd quarter worth about $244,000. 92.83% of the stock is owned by hedge funds and other institutional investors.

DineEquity (NYSE:DIN) opened at $50.78 on Friday. DineEquity has a 52 week low of $36.71 and a 52 week high of $83.89. The stock has a market capitalization of $909.48, a price-to-earnings ratio of 10.57 and a beta of 0.51. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of -6.40.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Monday, December 18th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 7.64%. The ex-dividend date of this dividend is Friday, December 15th. DineEquity’s dividend payout ratio is -17.73%.

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DineEquity Company Profile

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.

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