Reports First Quarter 2020 Results Dine Brands Global (NYSE:DIN)

Earnings results for Dine Brands Global (NYSE:DIN)

Dine Brands Global, Inc. is expected* to report earnings on 05/05/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.86. The reported EPS for the same quarter last year was $1.45.

Dine Brands Global last issued its quarterly earnings results on March 1st, 2021. The restaurant operator reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by $0.28. The company earned $196 million during the quarter, compared to analysts’ expectations of $192.49 million. Its revenue for the quarter was down 13.8% on a year-over-year basis. Dine Brands Global has generated $6.95 earnings per share over the last year. Dine Brands Global has confirmed that its next quarterly earnings report will be published on Wednesday, May 5th, 2021. Dine Brands Global will be holding an earnings conference call on Wednesday, May 5th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Dine Brands Global (NYSE:DIN)

8 Wall Street analysts have issued ratings and price targets for Dine Brands Global in the last 12 months. Their average twelve-month price target is $97.22, predicting that the stock has a possible upside of 0.77%. The high price target for DIN is $107.00 and the low price target for DIN is $80.00. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Dine Brands Global has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $97.22, Dine Brands Global has a forecasted upside of 0.8% from its current price of $96.48. Dine Brands Global has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Dine Brands Global (NYSE:DIN)

Dine Brands Global does not currently pay a dividend. Dine Brands Global does not have a long track record of dividend growth.

Insiders buying/selling: Dine Brands Global (NYSE:DIN)

In the past three months, Dine Brands Global insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,206,301.00 in company stock. Only 2.75% of the stock of Dine Brands Global is held by insiders. 85.43% of the stock of Dine Brands Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Dine Brands Global (NYSE:DIN

Earnings for Dine Brands Global are expected to grow by 141.51% in the coming year, from $2.12 to $5.12 per share. The P/E ratio of Dine Brands Global is -21.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Dine Brands Global is -21.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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