Media coverage about DineEquity (NYSE:DIN) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. DineEquity earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 46.4223844413029 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s analysis:
- BRIEF-DineEquity Inc posts Q2 adj. earnings per share $1.30 (businessinsider.com)
- Business briefs: PNC Bank to close three area branches; DineEquity could close up to 160 Applebee’s and IHOPs … - Pittsburgh Post-Gazette (post-gazette.com)
- DineEquity Inc (DIN) Awesome Oscillator Trending Lower - Evergreen Caller (evergreencaller.com)
- DineEquity (DIN) Q2 Earnings Beat, Revenues Lag, Stock Up - Nasdaq (nasdaq.com)
- DineEquity, Inc. Announces Third Quarter 2017 Dividend - PR Newswire (press release) (prnewswire.com)
Shares of DineEquity (DIN) traded down 0.88% during midday trading on Monday, hitting $39.37. 335,763 shares of the stock were exchanged. The firm’s 50 day moving average is $42.05 and its 200-day moving average is $51.51. DineEquity has a 1-year low of $36.71 and a 1-year high of $88.00. The stock has a market capitalization of $708.03 million, a price-to-earnings ratio of 8.77 and a beta of 0.39.
DineEquity (NYSE:DIN) last released its quarterly earnings results on Thursday, August 10th. The restaurant operator reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. DineEquity had a net margin of 13.02% and a return on equity of 38.34%. The business had revenue of $155.20 million for the quarter, compared to analysts’ expectations of $155.33 million. During the same period in the previous year, the company earned $1.59 earnings per share. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. On average, analysts predict that DineEquity will post $4.57 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 18th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 9.77%. The ex-dividend date is Friday, September 15th. DineEquity’s dividend payout ratio (DPR) is presently 86.61%.
A number of equities analysts recently weighed in on the stock. Vetr lowered shares of DineEquity from a “buy” rating to a “hold” rating and set a $58.82 target price for the company. in a research note on Wednesday, April 26th. Maxim Group reaffirmed a “buy” rating and issued a $77.00 target price on shares of DineEquity in a research note on Friday, April 28th. Nomura restated a “hold” rating and set a $55.00 price objective on shares of DineEquity in a research note on Monday, April 17th. Zacks Investment Research upgraded shares of DineEquity from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, Instinet increased their price objective on shares of DineEquity from $55.00 to $58.00 and gave the stock a “neutral” rating in a research note on Thursday, May 4th. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. DineEquity currently has a consensus rating of “Buy” and an average price target of $56.47.
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In other news, Director Stephen P. Joyce purchased 2,265 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The shares were acquired at an average cost of $44.07 per share, for a total transaction of $99,818.55. Following the completion of the acquisition, the director now owns 5,488 shares in the company, valued at $241,856.16. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.15% of the stock is currently owned by insiders.
About DineEquity
DineEquity, Inc, through its subsidiaries, owns and franchises the Applebee’s Neighborhood Grill & Bar (Applebee’s) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry.
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