DineEquity, Inc (DIN) Set to Announce Earnings on Thursday
DineEquity, Inc (NYSE:DIN) is set to post its quarterly earnings results before the market opens on Thursday, November 9th. Analysts expect DineEquity to post earnings of $0.91 per share for the quarter.
DineEquity (NYSE:DIN) last posted its quarterly earnings results on Thursday, August 10th. The restaurant operator reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. DineEquity had a return on equity of 38.34% and a net margin of 13.02%. The company had revenue of $155.20 million during the quarter, compared to analysts’ expectations of $155.33 million. During the same quarter in the previous year, the firm earned $1.59 EPS. DineEquity’s revenue was down 3.2% on a year-over-year basis. On average, analysts expect DineEquity to post $4.32 EPS for the current fiscal year and $4.45 EPS for the next fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Monday, December 18th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 8.15%. The ex-dividend date of this dividend is Friday, December 15th. DineEquity’s payout ratio is currently 86.61%.
In other DineEquity news, Director Msd Capital L. P acquired 39,689 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average price of $39.23 per share, for a total transaction of $1,556,999.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.15% of the company’s stock.
A number of equities analysts have recently commented on the company. BidaskClub raised DineEquity from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Zacks Investment Research lowered DineEquity from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Maxim Group lowered their price objective on DineEquity from $77.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of DineEquity in a research report on Monday, July 24th. Finally, ValuEngine downgraded DineEquity from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. DineEquity currently has a consensus rating of “Hold” and a consensus price target of $56.47.
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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