DineEquity (DIN) Earns News Sentiment Score of 0.13
News stories about DineEquity (NYSE:DIN) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. DineEquity earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the restaurant operator an impact score of 45.5594833260504 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Applebee’s in Albuquerque Offer “DollaRitas” – Margaritas for a Buck – for the Month of October (restaurantnews.com)
- More chains commit to antibiotic-free chicken: survey (nrn.com)
- Applebee’s® Celebrates Neighborhood Appreciation Month with $1 ‘Dollaritas™’ All of October (bizjournals.com)
- IHOP set to open in Quincy this December (whig.com)
- Daniel del Olmo named CEO of SBE’s restaurant arm – Nation’s Restaurant News (nrn.com)
DineEquity (NYSE:DIN) opened at 42.98 on Friday. The stock’s 50 day moving average price is $39.60 and its 200-day moving average price is $46.76. The stock has a market cap of $773.55 million, a PE ratio of 9.58 and a beta of 0.40. DineEquity has a 12 month low of $36.71 and a 12 month high of $88.00.
DineEquity (NYSE:DIN) last released its quarterly earnings results on Thursday, August 10th. The restaurant operator reported $1.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.10. The firm had revenue of $155.20 million for the quarter, compared to the consensus estimate of $155.33 million. DineEquity had a return on equity of 38.34% and a net margin of 13.02%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period last year, the business posted $1.59 EPS. Analysts anticipate that DineEquity will post $4.38 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 18th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 9.03%. DineEquity’s dividend payout ratio (DPR) is currently 86.61%.
DIN has been the subject of a number of research analyst reports. BidaskClub upgraded DineEquity from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. ValuEngine downgraded DineEquity from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Raymond James Financial, Inc. restated a “market perform” rating on shares of DineEquity in a report on Monday, July 24th. Zacks Investment Research upgraded DineEquity from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, Maxim Group decreased their price objective on DineEquity from $77.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. DineEquity currently has a consensus rating of “Hold” and an average price target of $56.47.
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In other news, Director Msd Capital L. P purchased 39,689 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were purchased at an average cost of $39.23 per share, for a total transaction of $1,556,999.47. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.15% of the company’s stock.
DineEquity Company Profile
DineEquity, Inc, through its subsidiaries, owns and franchises the Applebee’s Neighborhood Grill & Bar (Applebee’s) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry.
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