Dine Brands Global, Inc. (NYSE:DIN - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.27 and traded as high as $26.16. Dine Brands Global shares last traded at $25.38, with a volume of 268,279 shares traded.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on DIN. Barclays increased their price objective on Dine Brands Global from $21.00 to $24.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. UBS Group lowered their price target on Dine Brands Global from $25.00 to $21.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. KeyCorp reduced their price objective 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. Finally, Truist Financial lowered their target price on shares of Dine Brands Global from $27.00 to $23.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $26.29.
Get Our Latest Stock Analysis on DIN
Dine Brands Global Trading Down 1.8%
The stock has a fifty day moving average price of $24.55 and a 200 day moving average price of $25.27. The firm has a market cap of $396.69 million, a price-to-earnings ratio of 7.03 and a beta of 1.18.
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 analysts' consensus estimates of $1.18 by ($0.15). Dine Brands Global had a negative return on equity of 34.70% and a net margin of 6.69%. The business had revenue of $214.78 million during the quarter, compared to the consensus estimate of $216.19 million. During the same quarter in the previous year, the firm posted $1.33 earnings per share. The company's revenue for the quarter was up 4.1% on a year-over-year basis. On average, sell-side analysts forecast that Dine Brands Global, Inc. will post 5.84 EPS for the current year.
Dine Brands Global Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Friday, June 20th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 8.04%. The ex-dividend date of this dividend was Friday, June 20th. Dine Brands Global's dividend payout ratio (DPR) is presently 56.51%.
Institutional Trading of Dine Brands Global
Several institutional investors have recently bought and sold shares of the stock. Voya Investment Management LLC grew its holdings in Dine Brands Global by 40.3% during the 1st quarter. Voya Investment Management LLC now owns 18,711 shares of the restaurant operator's stock worth $435,000 after acquiring an additional 5,371 shares during the last quarter. Mork Capital Management LLC raised its position in shares of Dine Brands Global by 37.5% in the 1st quarter. Mork Capital Management LLC now owns 55,000 shares of the restaurant operator's stock valued at $1,280,000 after acquiring an additional 15,000 shares during the period. Millennium Management LLC lifted its holdings 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 worth $11,817,000 after acquiring an additional 172,013 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Dine Brands Global by 74.7% during the first quarter. AQR Capital Management LLC now owns 235,221 shares of the restaurant operator's stock worth $5,474,000 after acquiring an additional 100,580 shares in the last quarter. Finally, Maverick Capital Ltd. acquired a new stake in Dine Brands Global in the 1st quarter valued at approximately $3,602,000. Institutional investors and hedge funds own 92.83% of the company's stock.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Dine Brands Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dine Brands Global wasn't on the list.
While Dine Brands Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
