Dine Brands Global, Inc. (NYSE:DIN) Given Consensus Rating of “Hold” by Brokerages

Shares of Dine Brands Global, Inc. (NYSE:DIN) have been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $26.29.

A number of research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Dine Brands Global from $21.00 to $24.00 and gave the company an “equal weight” rating in a report on Thursday, May 8th. Truist Financial lowered their price target on shares of Dine Brands Global from $27.00 to $23.00 and set a “hold” rating for the company in a report on Thursday, May 8th. UBS Group lowered their price target on shares of Dine Brands Global from $25.00 to $21.00 and set a “neutral” rating for the company in a report on Thursday, May 8th. Sanford C. Bernstein set a $26.00 price target on shares of Dine Brands Global in a report on Thursday, March 6th. Finally, KeyCorp lowered their price target on shares of Dine Brands Global from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Thursday, May 8th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DIN. Mountain Hill Investment Partners Corp. acquired a new position in shares of Dine Brands Global in the 4th quarter valued at $30,000. Ancora Advisors LLC acquired a new position in shares of Dine Brands Global in the 4th quarter valued at $40,000. KLP Kapitalforvaltning AS acquired a new position in shares of Dine Brands Global in the 4th quarter valued at $89,000. GAMMA Investing LLC boosted its holdings in shares of Dine Brands Global by 5,126.3% in the 1st quarter. GAMMA Investing LLC now owns 6,167 shares of the restaurant operator’s stock valued at $144,000 after buying an additional 6,049 shares in the last quarter. Finally, AdvisorShares Investments LLC boosted its holdings in shares of Dine Brands Global by 243.1% in the 4th quarter. AdvisorShares Investments LLC now owns 5,074 shares of the restaurant operator’s stock valued at $153,000 after buying an additional 3,595 shares in the last quarter. Institutional investors and hedge funds own 92.83% of the company’s stock.

Dine Brands Global Stock Performance

Dine Brands Global stock opened at $27.86 on Wednesday. The company’s 50 day simple moving average is $22.65 and its 200-day simple moving average is $25.88. The company has a market capitalization of $435.45 million, a price-to-earnings ratio of 7.72 and a beta of 1.18. Dine Brands Global has a 1 year low of $18.63 and a 1 year high of $39.21.

Dine Brands Global (NYSE:DIN) last announced its quarterly earnings data on Wednesday, May 7th. The restaurant operator reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.15). The business had revenue of $214.78 million during the quarter, compared to analyst estimates of $216.19 million. Dine Brands Global had a net margin of 6.69% and a negative return on equity of 34.70%. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.33 EPS. Equities analysts expect that Dine Brands Global will post 5.84 earnings per share for the current year.

Dine Brands Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 20th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 7.32%. The ex-dividend date of this dividend is Friday, June 20th. Dine Brands Global’s payout ratio is 56.51%.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.