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

Dine Brands Global (NYSE:DIN) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $1.36 per share and revenue of $200.75 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Dine Brands Global Trading Down 4.3 %

Dine Brands Global stock opened at $24.00 on Tuesday. The firm has a 50-day moving average of $28.23 and a 200-day moving average of $30.61. The firm has a market cap of $365.90 million, a P/E ratio of 3.99 and a beta of 1.75. Dine Brands Global has a 1-year low of $23.82 and a 1-year high of $51.35.

Dine Brands Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.51 per share. The ex-dividend date is Monday, March 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.50%. Dine Brands Global’s dividend payout ratio is currently 33.94%.

Analyst Upgrades and Downgrades

DIN has been the subject of a number of analyst reports. Wedbush reiterated a “neutral” rating and set a $28.00 target price (down from $47.00) on shares of Dine Brands Global in a report on Friday. StockNews.com downgraded shares of Dine Brands Global from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. KeyCorp decreased 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 note on Friday, January 31st. Barclays reissued an “equal weight” rating and issued a $32.00 price target (down from $43.00) on shares of Dine Brands Global in a research note on Tuesday, January 7th. Finally, CL King downgraded shares of Dine Brands Global from a “buy” rating to a “neutral” rating in a research note on Monday, November 4th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $38.57.

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.