Dine Brands Global (DIN) Expected to Announce Earnings on Wednesday

Dine Brands Global (NYSE:DIN) is projected 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. Parties that wish to listen to the company’s conference call can do so using this link.

Dine Brands Global Price Performance

NYSE:DIN opened at $27.48 on Wednesday. Dine Brands Global has a one year low of $25.67 and a one year high of $51.35. The company has a fifty day moving average price of $29.24 and a 200 day moving average price of $30.97. The stock has a market cap of $418.88 million, a P/E ratio of 4.57 and a beta of 1.75.

Dine Brands Global Dividend Announcement

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 dividend of $0.51 per share. The ex-dividend date was Friday, December 20th. This represents a $2.04 annualized dividend and a yield of 7.42%. Dine Brands Global’s dividend payout ratio is 33.94%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. StockNews.com lowered Dine Brands Global from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Barclays reissued an “equal weight” rating and issued a $32.00 target price (down from $43.00) on shares of Dine Brands Global in a research note on Tuesday, January 7th. Piper Sandler lowered their target price on shares of Dine Brands Global from $40.00 to $38.00 and set a “neutral” rating for the company in a report on Monday, November 18th. Benchmark reissued a “hold” rating on shares of Dine Brands Global in a research note on Tuesday, October 29th. Finally, Wedbush restated an “outperform” rating and issued a $47.00 price target on shares of Dine Brands Global in a report on Friday, November 15th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Dine Brands Global currently has an average rating of “Hold” and an average target price 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.