News headlines about DineEquity (NYSE:DIN) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring 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 news impact score of 0.03 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 45.3241747436316 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
- Analysts Expect DineEquity, Inc (DIN) Will Post Quarterly Sales of $146.51 Million (americanbankingnews.com)
- Form 4 DineEquity, Inc For: Sep 12 Filed by: Joyce Stephen P (streetinsider.com)
- 5 Easy Ways To Get A Free (Or At Least Cheaper) Meal (finance.yahoo.com)
- 11 Places To Eat Free On Your Birthday (benzinga.com)
- Equifax data breach: What to know (whio.com)
DineEquity (NYSE DIN) opened at 41.5561 on Wednesday. The company’s 50-day moving average price is $39.83 and its 200-day moving average price is $47.45. The firm has a market cap of $747.93 million, a price-to-earnings ratio of 9.2594 and a beta of 0.40. DineEquity has a one year low of $36.71 and a one year high of $88.00.
DineEquity (NYSE:DIN) last announced its earnings results on Thursday, August 10th. The restaurant operator reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. The firm had revenue of $155.20 million for the quarter, compared to the consensus estimate of $155.33 million. DineEquity had a return on equity of 38.34% and a net margin of 13.02%. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.59 EPS. On average, analysts anticipate that DineEquity will post $4.38 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 18th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 9.56%. The ex-dividend date is Friday, September 15th. DineEquity’s dividend payout ratio (DPR) is presently 86.61%.
A number of research analysts have recently issued reports on the company. Raymond James Financial, Inc. reissued a “market perform” rating on shares of DineEquity in a report on Monday, July 24th. Maxim Group dropped their target price on DineEquity from $77.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, August 8th. ValuEngine lowered DineEquity from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised DineEquity from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Finally, BidaskClub raised DineEquity from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $56.47.
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In related news, Director Stephen P. Joyce bought 2,265 shares of the firm’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 acquisition, the director now directly owns 5,488 shares of the company’s stock, valued at approximately $241,856.16. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Msd Capital L. P bought 39,689 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of $39.23 per share, for a total transaction of $1,556,999.47. The disclosure for this purchase can be found here. 2.15% of the stock is currently owned by company insiders.
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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