Wall Street analysts forecast that DineEquity Inc (NYSE:DIN) will report $147.82 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for DineEquity’s earnings. The highest sales estimate is $149.84 million and the lowest is $145.80 million. DineEquity reported sales of $154.17 million during the same quarter last year, which indicates a negative year-over-year growth rate of 4.1%. The firm is scheduled to report its next earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that DineEquity will report full year sales of $147.82 million for the current year, with estimates ranging from $601.84 million to $605.89 million. For the next fiscal year, analysts anticipate that the business will report sales of $587.16 million per share, with estimates ranging from $585.87 million to $588.44 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for DineEquity.

DineEquity (NYSE:DIN) last posted its quarterly earnings data on Thursday, November 9th. The restaurant operator reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. The firm had revenue of $144.67 million during the quarter, compared to analysts’ expectations of $146.92 million. DineEquity had a negative net margin of 64.74% and a positive return on equity of 64.43%. The company’s quarterly revenue was down 7.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.46 EPS.

Several equities research analysts have weighed in on the stock. ValuEngine upgraded shares of DineEquity from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. TheStreet cut shares of DineEquity from a “c” rating to a “d+” rating in a research report on Friday, November 10th. Zacks Investment Research cut shares of DineEquity from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. Maxim Group lifted their price target on shares of DineEquity from $55.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. They noted that the move was a valuation call. Finally, BidaskClub upgraded shares of DineEquity from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. DineEquity currently has a consensus rating of “Hold” and a consensus price target of $57.64.

In other news, Director Larry Alan Kay sold 778 shares of DineEquity stock in a transaction that occurred 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 sale, the director now owns 8,513 shares in the company, valued at approximately $384,276.82. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.15% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan boosted its stake in 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 acquiring an additional 100 shares during the last quarter. Arizona State Retirement System boosted its stake in DineEquity by 1.1% during the 2nd quarter. Arizona State Retirement System now owns 8,857 shares of the restaurant operator’s stock worth $390,000 after acquiring an additional 100 shares during the last quarter. Texas Permanent School Fund boosted its stake in DineEquity by 1.6% during the 2nd quarter. Texas Permanent School Fund now owns 12,340 shares of the restaurant operator’s stock worth $544,000 after acquiring an additional 195 shares during the last quarter. New York State Common Retirement Fund boosted its stake in DineEquity by 0.9% during the 2nd quarter. New York State Common Retirement Fund now owns 25,412 shares of the restaurant operator’s stock worth $1,119,000 after acquiring an additional 215 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in DineEquity by 1.7% during the 1st quarter. Teachers Advisors LLC now owns 29,784 shares of the restaurant operator’s stock worth $1,621,000 after acquiring an additional 494 shares during the last quarter. Institutional investors own 92.83% of the company’s stock.

DineEquity (NYSE DIN) traded down $1.67 on Friday, reaching $49.13. 581,501 shares of the company’s stock traded hands, compared to its average volume of 361,206. 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 firm has a market cap of $883.76, a PE ratio of 10.24 and a beta of 0.51. DineEquity has a 52-week low of $36.71 and a 52-week high of $83.89.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Monday, December 18th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 7.90%. 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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