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

Key Points

• Eight analysts give Dine Brands a consensus recommendation of Hold with an average 12‑month target of $29.50, and several firms (Barclays, UBS) have recently trimmed price targets.
• Latest quarter: EPS of $1.46 beat estimates by $0.36 while revenue of $217.6M missed expectations; revenue rose 6.3% YoY but the company shows a negative ROE (−27.12%) and a thin net margin (1.88%).
• The stock trades around $25.63 (below its 50‑ and 200‑day averages), pays a quarterly dividend of $0.19 (≈3.0% yield) with a high payout ratio (78%), and insiders have purchased shares amid ~92.8% institutional ownership.

Shares of Dine Brands Global, Inc. (NYSE:DIN - Get Free Report) have been given a consensus recommendation of "Hold" by the eight analysts that are covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $29.50.

Several equities analysts have recently weighed in on DIN shares. Barclays reduced their price objective on Dine Brands Global from $40.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 26th. KeyCorp reaffirmed a "sector weight" rating on shares of Dine Brands Global in a research note on Thursday, April 2nd. Zacks Research raised Dine Brands Global from a "strong sell" rating to a "hold" rating in a research note on Thursday, April 2nd. Benchmark reaffirmed a "hold" rating on shares of Dine Brands Global in a research note on Monday, March 2nd. Finally, UBS Group reduced their price objective on Dine Brands Global from $35.00 to $33.00 and set a "neutral" rating on the stock in a research note on Thursday, February 26th.

Dine Brands Global Trading Down 0.8%

Shares of NYSE:DIN opened at $25.63 on Tuesday. The stock's 50-day moving average price is $29.94 and its two-hundred day moving average price is $30.40. Dine Brands Global has a 12-month low of $19.00 and a 12-month high of $39.68. The firm has a market cap of $332.68 million, a price-to-earnings ratio of 26.42 and a beta of 0.97.

Dine Brands Global (NYSE:DIN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.36. The firm had revenue of $217.57 million for the quarter, compared to analyst estimates of $226.27 million. Dine Brands Global had a negative return on equity of 27.12% and a net margin of 1.88%.The firm's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the company earned $0.87 EPS. As a group, research analysts forecast that Dine Brands Global will post 5.84 earnings per share for the current fiscal year.

Dine Brands Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Wednesday, March 18th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, March 18th. Dine Brands Global's payout ratio is currently 78.35%.

Insider Buying and Selling at Dine Brands Global

In other news, Director Douglas M. Pasquale acquired 2,000 shares of Dine Brands Global stock in a transaction dated Thursday, March 12th. The shares were acquired at an average cost of $28.25 per share, with a total value of $56,500.00. Following the purchase, the director directly owned 31,469 shares of the company's stock, valued at approximately $888,999.25. This trade represents a 6.79% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders bought 6,000 shares of company stock valued at $173,310. Insiders own 6.73% of the company's stock.

Hedge Funds Weigh In On Dine Brands Global

Several hedge funds and other institutional investors have recently bought and sold shares of DIN. Royal Bank of Canada lifted its position in Dine Brands Global by 10.7% during the 1st quarter. Royal Bank of Canada now owns 71,451 shares of the restaurant operator's stock worth $1,662,000 after acquiring an additional 6,908 shares in the last quarter. Millennium Management LLC lifted its position in Dine Brands Global by 51.2% during the 1st quarter. Millennium Management LLC now owns 507,801 shares of the restaurant operator's stock worth $11,817,000 after acquiring an additional 172,013 shares in the last quarter. Invesco Ltd. lifted its position in Dine Brands Global by 16.3% during the 2nd quarter. Invesco Ltd. now owns 65,821 shares of the restaurant operator's stock worth $1,601,000 after acquiring an additional 9,226 shares in the last quarter. Jump Financial LLC acquired a new position in Dine Brands Global during the 2nd quarter worth approximately $921,000. Finally, Gamco Investors INC. ET AL acquired a new position in Dine Brands Global during the 2nd quarter worth approximately $747,000. 92.83% of the stock is owned by institutional investors and hedge funds.

Dine Brands Global Company Profile

Dine Brands Global, Inc is a leading franchisor and operator of full‐service restaurants in the casual dining and breakfast segments. The company's primary brands include IHOP®, known for its wide variety of breakfast offerings and pancakes, and Applebee's Neighborhood Grill + Bar®, a casual dining concept featuring a range of American entrées, appetizers and cocktails. Through its franchise model, Dine Brands works with independent restaurant owners to develop, market and support both domestic and international locations.

The origins of Dine Brands Global date back to the founding of the International House of Pancakes (IHOP) in 1958 in California.

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