Equities analysts predict that Dine Brands Global Inc (NYSE:DIN) will announce earnings per share (EPS) of $1.88 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Dine Brands Global’s earnings, with estimates ranging from $1.85 to $1.90. Dine Brands Global reported earnings of $1.03 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 82.5%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, August 7th.

On average, analysts expect that Dine Brands Global will report full year earnings of $7.17 per share for the current financial year, with EPS estimates ranging from $7.15 to $7.18. For the next fiscal year, analysts anticipate that the firm will report earnings of $7.91 per share, with EPS estimates ranging from $7.86 to $7.96. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Dine Brands Global.

Dine Brands Global (NYSE:DIN) last announced its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.04. The firm had revenue of $237.18 million during the quarter, compared to analysts’ expectations of $248.96 million. Dine Brands Global had a net margin of 11.30% and a negative return on equity of 53.27%. The company’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.11 earnings per share.

A number of brokerages have issued reports on DIN. Wedbush reiterated an “outperform” rating and set a $135.00 price objective on shares of Dine Brands Global in a research note on Friday, February 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Dine Brands Global from a “hold” rating to a “buy” rating and set a $109.00 price target on the stock in a research note on Thursday, February 28th. Finally, Maxim Group reiterated a “buy” rating on shares of Dine Brands Global in a research report on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Dine Brands Global currently has an average rating of “Hold” and a consensus target price of $116.00.

In other Dine Brands Global news, Director Larry Alan Kay sold 400 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $88.92, for a total transaction of $35,568.00. Following the sale, the director now directly owns 7,739 shares of the company’s stock, valued at $688,151.88. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.71% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its stake in shares of Dine Brands Global by 1.8% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 6,859 shares of the restaurant operator’s stock worth $626,000 after purchasing an additional 124 shares during the period. Bank of Montreal Can boosted its position in Dine Brands Global by 8.1% in the 1st quarter. Bank of Montreal Can now owns 1,729 shares of the restaurant operator’s stock valued at $158,000 after buying an additional 130 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in Dine Brands Global by 1.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 8,653 shares of the restaurant operator’s stock valued at $790,000 after buying an additional 130 shares during the last quarter. Piedmont Investment Advisors Inc. boosted its position in Dine Brands Global by 3.4% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 4,198 shares of the restaurant operator’s stock valued at $283,000 after buying an additional 137 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of Dine Brands Global by 6.8% during the first quarter. Oppenheimer Asset Management Inc. now owns 2,796 shares of the restaurant operator’s stock worth $255,000 after purchasing an additional 179 shares during the last quarter.

NYSE:DIN traded down $1.02 during mid-day trading on Friday, reaching $93.82. 3,292 shares of the company’s stock were exchanged, compared to its average volume of 373,177. Dine Brands Global has a one year low of $65.63 and a one year high of $101.18. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 17.45 and a beta of 0.38.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 20th will be issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Wednesday, June 19th. Dine Brands Global’s dividend payout ratio is 51.40%.

About Dine Brands Global

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

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