TheStreet downgraded shares of DineEquity, Inc (NYSE:DIN) from a c rating to a d+ rating in a research report sent to investors on Friday.

Other analysts have also issued research reports about the company. Raymond James Financial, Inc. reiterated a market perform rating on shares of DineEquity in a report on Monday, July 24th. Zacks Investment Research lowered DineEquity from a hold rating to a sell rating in a report on Monday. Maxim Group upped their price objective on DineEquity from $55.00 to $62.00 and gave the company a buy rating in a research note on Thursday, November 9th. They noted that the move was a valuation call. ValuEngine lowered DineEquity from a buy rating to a hold rating in a research note on Friday, September 1st. Finally, BidaskClub upgraded DineEquity from a strong sell rating to a sell rating in a research note on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $57.64.

DineEquity (NYSE:DIN) traded down $2.25 on Friday, reaching $44.38. The company had a trading volume of 336,600 shares, compared to its average volume of 336,051. DineEquity has a fifty-two week low of $36.71 and a fifty-two week high of $88.00. The company has a market capitalization of $798.31, a price-to-earnings ratio of 9.71 and a beta of 0.53. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of -6.40.

DineEquity (NYSE:DIN) last released its earnings results on Thursday, November 9th. The restaurant operator reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. DineEquity had a positive return on equity of 64.43% and a negative net margin of 64.74%. The business had revenue of $144.67 million for the quarter, compared to analyst estimates of $146.92 million. During the same quarter in the prior year, the company posted $1.46 earnings per share. DineEquity’s revenue was down 7.3% on a year-over-year basis. equities research analysts anticipate that DineEquity will post 4.15 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Monday, December 18th will be paid a $0.97 dividend. The ex-dividend date is Friday, December 15th. This represents a $3.88 annualized dividend and a yield of 8.74%. DineEquity’s dividend payout ratio is -17.73%.

In other DineEquity news, Director Msd Capital L. P acquired 39,689 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were purchased at an average price of $39.23 per share, for a total transaction of $1,556,999.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.15% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in DIN. BlackRock Inc. increased its stake in shares of DineEquity by 66,627.1% during the first quarter. BlackRock Inc. now owns 2,055,863 shares of the restaurant operator’s stock worth $111,881,000 after purchasing an additional 2,052,782 shares during the period. FMR LLC increased its stake in shares of DineEquity by 59.4% during the second quarter. FMR LLC now owns 2,697,013 shares of the restaurant operator’s stock worth $118,803,000 after purchasing an additional 1,005,504 shares during the period. Koch Industries Inc. bought a new position in shares of DineEquity during the second quarter worth approximately $305,000. Contrarius Investment Management Ltd bought a new position in shares of DineEquity during the third quarter worth approximately $12,803,000. Finally, EdgePoint Investment Group Inc. increased its stake in shares of DineEquity by 41.7% during the second quarter. EdgePoint Investment Group Inc. now owns 599,055 shares of the restaurant operator’s stock worth $26,388,000 after purchasing an additional 176,412 shares during the period. Institutional investors own 92.12% 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.

Analyst Recommendations for DineEquity (NYSE:DIN)

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