Dine Brands Global, Inc. (NYSE:DIN) Given Average Rating of "Hold" by Brokerages

Dine Brands Global, Inc. (NYSE:DIN - Get Free Report) has been assigned an average recommendation of "Hold" from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $28.29.

DIN has been the topic of several research reports. Sanford C. Bernstein set a $26.00 target price on Dine Brands Global in a research note on Thursday, March 6th. Barclays reduced their price target on shares of Dine Brands Global from $26.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. UBS Group dropped their price objective on shares of Dine Brands Global from $32.00 to $25.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. KeyCorp reduced their target price on shares of Dine Brands Global from $36.00 to $35.00 and set an "overweight" rating on the stock in a report on Friday, January 31st. Finally, Truist Financial decreased their price target on shares of Dine Brands Global from $37.00 to $27.00 and set a "hold" rating for the company in a research report on Thursday, March 6th.

Dine Brands Global Stock Down 0.0 %

Shares of DIN traded down $0.01 during trading on Tuesday, reaching $20.48. 416,489 shares of the company traded hands, compared to its average volume of 584,780. The stock has a 50-day simple moving average of $22.62 and a 200-day simple moving average of $27.80. The stock has a market cap of $320.15 million, a PE ratio of 3.41 and a beta of 1.44. Dine Brands Global has a twelve month low of $18.63 and a twelve month high of $45.69.

Dine Brands Global (NYSE:DIN - Get Free Report) last posted its earnings results on Wednesday, March 5th. The restaurant operator reported $0.87 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.48). Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. The company had revenue of $204.80 million during the quarter, compared to analyst estimates of $200.75 million. During the same quarter last year, the business posted $1.40 EPS. The firm's revenue for the quarter was down .7% on a year-over-year basis. On average, equities research analysts predict that Dine Brands Global will post 5.84 EPS for the current year.

Dine Brands Global Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 17th were given a dividend of $0.51 per share. The ex-dividend date was Monday, March 17th. This represents a $2.04 annualized dividend and a dividend yield of 9.96%. Dine Brands Global's dividend payout ratio (DPR) is currently 48.46%.

Hedge Funds Weigh In On Dine Brands Global

Several large investors have recently bought and sold shares of the business. Cibc World Market Inc. increased its holdings in shares of Dine Brands Global by 640.6% in the 4th quarter. Cibc World Market Inc. now owns 495,176 shares of the restaurant operator's stock valued at $14,905,000 after acquiring an additional 428,319 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its stake in Dine Brands Global by 691.0% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 290,403 shares of the restaurant operator's stock valued at $8,741,000 after purchasing an additional 253,688 shares during the last quarter. Seven Six Capital Management LLC acquired a new stake in Dine Brands Global during the fourth quarter worth approximately $5,475,000. Victory Capital Management Inc. lifted its position in shares of Dine Brands Global by 1,733.3% during the 4th quarter. Victory Capital Management Inc. now owns 132,073 shares of the restaurant operator's stock worth $3,975,000 after buying an additional 124,869 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Dine Brands Global in the 4th quarter valued at $2,780,000. Hedge funds and other institutional investors own 92.83% of the company's stock.

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.