Dine Brands Global (DIN) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dine Brands Global in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DIN shares.
View DIN analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 12-month price targets for Dine Brands Global's stock. Their DIN share price forecasts range from $63.00 to $78.00. On average, they predict the company's share price to reach $69.50 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for DIN or view top-rated stocks among Wall Street analysts.

Dine Brands Global's stock was trading at $64.60 at the beginning of the year. Since then, DIN stock has decreased by 16.3% and is now trading at $54.05.
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Dine Brands Global saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 809,000 shares, an increase of 28.2% from the July 31st total of 630,800 shares. Based on an average daily volume of 228,200 shares, the days-to-cover ratio is currently 3.5 days. Approximately 5.6% of the company's shares are sold short.
View Dine Brands Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our DIN earnings forecast.

Dine Brands Global, Inc. (NYSE:DIN) issued its quarterly earnings data on Thursday, August, 3rd. The restaurant operator reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.29. The restaurant operator earned $208.40 million during the quarter, compared to analyst estimates of $209.60 million. Dine Brands Global had a net margin of 9.03% and a negative trailing twelve-month return on equity of 36.32%. The firm's revenue for the quarter was down 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 EPS.

Dine Brands Global announced a quarterly dividend on Thursday, September 7th. Shareholders of record on Tuesday, September 19th will be given a dividend of $0.51 per share on Friday, September 29th. This represents a $2.04 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Monday, September 18th.
Read our dividend analysis for DIN.

AdvisorShares Restaurant ETF holds 736 shares of DIN stock, representing 1.61% of its portfolio.

Dine Brands Global (NYSE:DIN) pays an annual dividend of $2.04 per share and currently has a dividend yield of 3.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DIN will have a dividend payout ratio of 30.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DIN.

27 employees have rated Dine Brands Global Chief Executive Officer Steve Joyce on Glassdoor.com. Steve Joyce has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dine Brands Global investors own include Walt Disney (DIS), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM), AT&T (T), Gilead Sciences (GILD), NVIDIA (NVDA), Starbucks (SBUX), Boeing (BA) and Tesla (TSLA).

Dine Brands Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "DIN."

Dine Brands Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.98%), Alliancebernstein L.P. (10.84%), Allspring Global Investments Holdings LLC (7.31%), LSV Asset Management (4.45%), State Street Corp (3.54%) and Geode Capital Management LLC (1.95%). Insiders that own company stock include Bryan R Adel, Jay D Johns, Larry Alan Kay, Michael Hyter and Richard Bloxam.
View institutional ownership trends.

Shares of DIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DIN stock can currently be purchased for approximately $54.05.

Dine Brands Global (NYSE:DIN) has a market capitalization of $840.48 million and generates $909.40 million in revenue each year. The restaurant operator earns $81.11 million in net income (profit) each year or $4.94 on an earnings per share basis.

The company employs 3,008 workers across the globe.

Dine Brands Global's mailing address is 450 NORTH BRAND BOULEVARD, GLENDALE CA, 91203. The official website for the company is www.dinebrands.com. The restaurant operator can be reached via phone at (818) 240-6055, via email at ken.diptee@dinebrands.com, or via fax at 818-637-3131.