Dunkin Brands Group Inc (NASDAQ:DNKN) – Equities research analysts at KeyCorp upped their FY2019 earnings per share estimates for Dunkin Brands Group in a report released on Thursday, May 2nd. KeyCorp analyst E. Gonzalez now anticipates that the restaurant operator will post earnings per share of $2.99 for the year, up from their prior estimate of $2.97. KeyCorp also issued estimates for Dunkin Brands Group’s Q4 2019 earnings at $0.71 EPS.

Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.05. Dunkin Brands Group had a negative return on equity of 33.52% and a net margin of 17.33%. The business had revenue of $319.10 million during the quarter, compared to analyst estimates of $312.38 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. Dunkin Brands Group’s revenue for the quarter was up 5.9% on a year-over-year basis.

Several other brokerages also recently commented on DNKN. Maxim Group restated a “buy” rating and issued a $79.00 price objective (down from $83.00) on shares of Dunkin Brands Group in a research report on Friday, February 8th. BidaskClub upgraded Dunkin Brands Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 18th. Zacks Investment Research downgraded Dunkin Brands Group from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Citigroup lowered their price objective on Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating on the stock in a research report on Thursday, February 14th. Finally, UBS Group set a $72.00 price objective on Dunkin Brands Group and gave the company a “hold” rating in a research report on Friday, February 8th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have issued a buy rating to the company. Dunkin Brands Group currently has an average rating of “Hold” and a consensus target price of $70.05.

Shares of Dunkin Brands Group stock opened at $73.99 on Monday. Dunkin Brands Group has a 52 week low of $61.69 and a 52 week high of $77.50. The stock has a market capitalization of $6.12 billion, a PE ratio of 25.51, a price-to-earnings-growth ratio of 2.32 and a beta of 0.47.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.375 per share. The ex-dividend date is Friday, May 31st. This represents a $1.50 dividend on an annualized basis and a yield of 2.03%. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 51.72%.

In other Dunkin Brands Group news, insider John L. Clare sold 17,129 shares of the company’s stock in a transaction that occurred on Thursday, February 14th. The stock was sold at an average price of $69.00, for a total transaction of $1,181,901.00. Following the sale, the insider now directly owns 36,776 shares in the company, valued at $2,537,544. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.70% of the company’s stock.

A number of hedge funds have recently modified their holdings of DNKN. Oregon Public Employees Retirement Fund raised its position in Dunkin Brands Group by 6,312.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,073,384 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 2,041,048 shares during the period. Norges Bank bought a new position in shares of Dunkin Brands Group during the fourth quarter valued at approximately $37,948,000. Deutsche Bank AG grew its stake in shares of Dunkin Brands Group by 432.3% during the fourth quarter. Deutsche Bank AG now owns 516,822 shares of the restaurant operator’s stock valued at $33,135,000 after buying an additional 419,727 shares during the last quarter. BlackRock Inc. grew its stake in shares of Dunkin Brands Group by 5.6% during the fourth quarter. BlackRock Inc. now owns 7,659,515 shares of the restaurant operator’s stock valued at $491,126,000 after buying an additional 406,993 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Dunkin Brands Group by 96.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 542,930 shares of the restaurant operator’s stock valued at $34,813,000 after buying an additional 266,796 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

About Dunkin Brands Group

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Earnings History and Estimates for Dunkin Brands Group (NASDAQ:DNKN)

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