Dine Brands Global, Inc. (NYSE:DIN) Given Consensus Rating of “Hold” by Brokerages

Dine Brands Global, Inc. (NYSE:DIN) has received an average rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $29.50.

Several research analysts have recently commented on the stock. KeyCorp dropped their price target on shares of Dine Brands Global from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Barclays lowered their target price on shares of Dine Brands Global from $32.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday. Wedbush lowered their target price on shares of Dine Brands Global from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday. UBS Group lowered their target price on shares of Dine Brands Global from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Piper Sandler lowered their target price on shares of Dine Brands Global from $40.00 to $38.00 and set a “neutral” rating on the stock in a research note on Monday, November 18th.

Institutional Investors Weigh In On Dine Brands Global

Several large investors have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Dine Brands Global during the fourth quarter worth $1,374,000. PharVision Advisers LLC bought a new stake in shares of Dine Brands Global during the fourth quarter worth $345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Dine Brands Global by 8.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,285 shares of the restaurant operator’s stock worth $1,423,000 after acquiring an additional 3,704 shares in the last quarter. WBI Investments LLC increased its position in shares of Dine Brands Global by 49.7% during the fourth quarter. WBI Investments LLC now owns 13,146 shares of the restaurant operator’s stock worth $396,000 after acquiring an additional 4,363 shares in the last quarter. Finally, Twinbeech Capital LP bought a new stake in shares of Dine Brands Global during the fourth quarter worth $256,000. Institutional investors own 92.83% of the company’s stock.

Dine Brands Global Stock Performance

Shares of DIN opened at $26.13 on Monday. The company’s 50 day moving average price is $27.80 and its 200 day moving average price is $30.39. Dine Brands Global has a 52 week low of $22.36 and a 52 week high of $50.59. The company has a market capitalization of $398.33 million, a PE ratio of 4.35 and a beta of 1.85.

Dine Brands Global (NYSE:DIN) last announced its quarterly earnings data on Wednesday, March 5th. The restaurant operator reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.48). Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. The company had revenue of $204.80 million for the quarter, compared to analysts’ expectations of $200.75 million. During the same period in the previous year, the firm posted $1.40 earnings per share. The business’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities analysts forecast that Dine Brands Global will post 5.84 earnings per share for the current fiscal year.

Dine Brands Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend is Monday, March 17th. Dine Brands Global’s dividend payout ratio (DPR) is 48.46%.

About Dine Brands Global

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.