Dine Brands Global (DIN) Projected to Post Earnings on Wednesday

Dine Brands Global (NYSE:DIN) is anticipated to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.36 per share and revenue of $200.75 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Dine Brands Global Trading Up 5.8 %

DIN opened at $27.48 on Wednesday. The stock’s fifty day simple moving average is $29.24 and its 200 day simple moving average is $30.97. The stock has a market cap of $418.88 million, a PE ratio of 4.57 and a beta of 1.75. Dine Brands Global has a 1-year low of $25.67 and a 1-year high of $51.35.

Dine Brands Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Friday, December 20th were paid a $0.51 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $2.04 annualized dividend and a yield of 7.42%. Dine Brands Global’s dividend payout ratio (DPR) is presently 33.94%.

Analysts Set New Price Targets

A number of research firms recently commented on DIN. CL King downgraded Dine Brands Global from a “buy” rating to a “neutral” rating in a research note on Monday, November 4th. Benchmark reissued a “hold” rating on shares of Dine Brands Global in a research report on Tuesday, October 29th. Piper Sandler lowered their target price on Dine Brands Global from $40.00 to $38.00 and set a “neutral” rating on the stock in a research report on Monday, November 18th. Wedbush reiterated an “outperform” rating and issued a $47.00 target price on shares of Dine Brands Global in a research note on Friday, November 15th. Finally, KeyCorp reduced their price target on shares of Dine Brands Global from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Dine Brands Global presently has a consensus rating of “Hold” and a consensus price target of $41.29.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.