Dunkin Brands Group Inc (NASDAQ:DNKN) – Research analysts at William Blair cut their Q1 2018 earnings estimates for Dunkin Brands Group in a research report issued to clients and investors on Thursday. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings of $0.52 per share for the quarter, down from their prior estimate of $0.56. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Dunkin Brands Group’s Q3 2018 earnings at $0.75 EPS, Q4 2018 earnings at $0.64 EPS, FY2018 earnings at $2.63 EPS and FY2019 earnings at $2.93 EPS.
Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. Dunkin Brands Group had a negative return on equity of 190.44% and a net margin of 40.77%. The business had revenue of $227.10 million for the quarter, compared to the consensus estimate of $220.54 million. During the same period in the prior year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis.
Dunkin Brands Group (NASDAQ DNKN) opened at $58.57 on Monday. Dunkin Brands Group has a 52 week low of $50.89 and a 52 week high of $68.45. The company has a debt-to-equity ratio of 361.71, a quick ratio of 1.43 and a current ratio of 2.79. The firm has a market capitalization of $5,290.00, a P/E ratio of 15.37, a P/E/G ratio of 1.43 and a beta of 0.21.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Monday, March 12th will be issued a $0.3475 dividend. The ex-dividend date of this dividend is Friday, March 9th. This is a positive change from Dunkin Brands Group’s previous quarterly dividend of $0.32. This represents a $1.39 annualized dividend and a dividend yield of 2.37%. Dunkin Brands Group’s dividend payout ratio is currently 33.86%.
Dunkin Brands Group declared that its board has initiated a stock repurchase plan on Thursday, October 26th that allows the company to repurchase $650.00 million in shares. This repurchase authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
Several hedge funds have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. grew its holdings in shares of Dunkin Brands Group by 1.8% in the second quarter. Ameritas Investment Partners Inc. now owns 27,578 shares of the restaurant operator’s stock valued at $1,520,000 after acquiring an additional 476 shares in the last quarter. New Jersey Better Educational Savings Trust grew its holdings in shares of Dunkin Brands Group by 11.1% in the third quarter. New Jersey Better Educational Savings Trust now owns 10,000 shares of the restaurant operator’s stock valued at $531,000 after acquiring an additional 1,000 shares in the last quarter. Parsons Capital Management Inc. RI grew its holdings in shares of Dunkin Brands Group by 1.4% in the third quarter. Parsons Capital Management Inc. RI now owns 72,662 shares of the restaurant operator’s stock valued at $3,857,000 after acquiring an additional 1,025 shares in the last quarter. Comerica Bank grew its holdings in shares of Dunkin Brands Group by 1.3% in the third quarter. Comerica Bank now owns 80,882 shares of the restaurant operator’s stock valued at $4,779,000 after acquiring an additional 1,044 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Dunkin Brands Group by 22.7% in the fourth quarter. US Bancorp DE now owns 6,187 shares of the restaurant operator’s stock valued at $399,000 after acquiring an additional 1,146 shares in the last quarter. 90.99% of the stock is owned by 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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