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

Dine Brands Global, Inc. (NYSE:DIN - Get Free Report) has been assigned an average rating of "Hold" from the eight research firms that are covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $26.29.

A number of equities analysts recently weighed in on DIN shares. 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 research report on Thursday, May 8th. Truist Financial lowered their price objective on shares of Dine Brands Global from $27.00 to $23.00 and set a "hold" rating on the stock in a research report on Thursday, May 8th. Wedbush lowered their price objective on shares of Dine Brands Global from $28.00 to $26.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. UBS Group lowered their price objective on shares of Dine Brands Global from $25.00 to $21.00 and set a "neutral" rating on the stock in a research report on Thursday, May 8th. Finally, KeyCorp lowered their price objective on shares of Dine Brands Global from $30.00 to $26.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th.

Hedge Funds Weigh In On Dine Brands Global

Institutional investors and hedge funds have recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Dine Brands Global in the 4th quarter valued at $30,000. Ancora Advisors LLC bought a new position in shares of Dine Brands Global in the 4th quarter worth about $40,000. EMC Capital Management raised its position in shares of Dine Brands Global by 2,570.0% in the 4th quarter. EMC Capital Management now owns 2,937 shares of the restaurant operator's stock worth $88,000 after acquiring an additional 2,827 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Dine Brands Global in the 4th quarter valued at about $89,000. Finally, GAMMA Investing LLC increased its position in 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. Institutional investors and hedge funds own 92.83% of the company's stock.

Dine Brands Global Stock Up 0.1%

DIN stock traded up $0.04 during mid-day trading on Friday, hitting $24.48. 411,949 shares of the company were exchanged, compared to its average volume of 595,711. The firm has a market capitalization of $382.46 million, a P/E ratio of 4.07 and a beta of 1.11. The business has a fifty day simple moving average of $21.91 and a 200-day simple moving average of $26.72. Dine Brands Global has a 12-month low of $18.63 and a 12-month high of $40.75.

Dine Brands Global (NYSE:DIN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The restaurant operator reported $1.03 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.15). Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. The business had revenue of $214.78 million during the quarter, compared to analysts' expectations of $216.19 million. During the same period in the previous year, the business posted $1.33 EPS. The company's revenue for the quarter was up 4.1% compared to the same quarter last year. Research analysts predict that Dine Brands Global will post 5.84 EPS for the current year.

Dine Brands Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 20th will be issued a dividend of $0.51 per share. The ex-dividend date is Friday, June 20th. This represents a $2.04 annualized dividend and a yield of 8.33%. Dine Brands Global's payout ratio is presently 56.51%.

About Dine Brands Global

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.