Key Points
- Director purchase: Director Martha Poulter bought 650 shares at an average price of $33.16 on Dec. 5 (totaling $21,554), raising her holdings to 7,074 shares — a 10.12% increase in her position.
- Quarterly results missed: The company reported EPS of $0.73 versus a consensus of $0.82 and revenue of $216.17M versus expected $221.61M, with a net margin of 3.91% and a negative ROE of 26.01% despite 10.8% year‑over‑year revenue growth.
- Dividend details: Dine Brands disclosed a quarterly dividend of $0.19 ($0.76 annualized, 2.2% yield) payable Jan. 7 to holders of record Dec. 23, with a payout ratio of about 91.07%.
Dine Brands Global, Inc. (NYSE:DIN - Get Free Report) Director Martha Poulter bought 650 shares of Dine Brands Global stock in a transaction on Friday, December 5th. The stock was acquired at an average cost of $33.16 per share, with a total value of $21,554.00. Following the acquisition, the director owned 7,074 shares in the company, valued at approximately $234,573.84. This represents a 10.12% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Dine Brands Global Price Performance
DIN opened at $34.49 on Tuesday. The company has a 50 day simple moving average of $27.54 and a two-hundred day simple moving average of $25.27. The firm has a market cap of $497.33 million, a P/E ratio of 15.40 and a beta of 0.90. Dine Brands Global, Inc. has a 1-year low of $18.63 and a 1-year high of $35.17.
Dine Brands Global (NYSE:DIN - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The restaurant operator reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.09). The firm had revenue of $216.17 million for the quarter, compared to analysts' expectations of $221.61 million. Dine Brands Global had a net margin of 3.91% and a negative return on equity of 26.01%. The business's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 EPS. Equities analysts anticipate that Dine Brands Global, Inc. will post 5.84 earnings per share for the current year.
Dine Brands Global Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 23rd will be paid a $0.19 dividend. The ex-dividend date is Tuesday, December 23rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.2%. Dine Brands Global's dividend payout ratio is presently 91.07%.
Institutional Trading of Dine Brands Global
Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC grew its position in Dine Brands Global by 51.2% during the first quarter. Millennium Management LLC now owns 507,801 shares of the restaurant operator's stock valued at $11,817,000 after acquiring an additional 172,013 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Dine Brands Global during the third quarter worth approximately $4,175,000. Maverick Capital Ltd. acquired a new position in Dine Brands Global in the first quarter worth about $3,602,000. Landscape Capital Management L.L.C. boosted its holdings in Dine Brands Global by 670.2% in the first quarter. Landscape Capital Management L.L.C. now owns 127,451 shares of the restaurant operator's stock worth $2,966,000 after purchasing an additional 110,903 shares during the period. Finally, Vanguard Group Inc. raised its stake in Dine Brands Global by 10.8% during the third quarter. Vanguard Group Inc. now owns 1,041,335 shares of the restaurant operator's stock worth $25,742,000 after acquiring an additional 101,304 shares during the period. 92.83% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently weighed in on DIN. Barclays reduced their price target on shares of Dine Brands Global from $29.00 to $26.00 and set an "equal weight" rating for the company in a research report on Thursday, November 6th. Zacks Research raised shares of Dine Brands Global from a "strong sell" rating to a "hold" rating in a research report on Wednesday, December 3rd. KeyCorp lifted their price objective on shares of Dine Brands Global from $26.00 to $32.00 and gave the company an "overweight" rating in a report on Monday, October 20th. Sanford C. Bernstein set a $29.00 price target on shares of Dine Brands Global in a research note on Wednesday, October 22nd. Finally, Weiss Ratings raised Dine Brands Global from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $26.43.
View Our Latest Research Report on DIN
Dine Brands Global Company Profile
(
Get Free Report)
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.
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