Dine Brands Global, Inc. (NYSE:DIN) Receives Average Rating of “Hold” from Analysts

Dine Brands Global, Inc. (NYSE:DIN) has been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $41.29.

A number of analysts recently weighed in on the stock. Wedbush reiterated an “outperform” rating and issued a $47.00 price target on shares of Dine Brands Global in a research report on Friday, November 15th. UBS Group reiterated a “neutral” rating and issued a $32.00 target price (down from $44.00) on shares of Dine Brands Global in a report on Tuesday, January 7th. Benchmark reissued a “hold” rating on shares of Dine Brands Global in a report on Tuesday, October 29th. CL King downgraded Dine Brands Global from a “buy” rating to a “neutral” rating in a research note on Monday, November 4th. Finally, StockNews.com lowered Dine Brands Global from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th.

Dine Brands Global Stock Down 2.7 %

Shares of Dine Brands Global stock opened at $26.35 on Thursday. Dine Brands Global has a 12 month low of $25.68 and a 12 month high of $51.35. The business has a fifty day simple moving average of $29.77 and a 200 day simple moving average of $31.21. The stock has a market cap of $401.84 million, a PE ratio of 4.38 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. Shareholders of record on Friday, December 20th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 7.74%. The ex-dividend date was Friday, December 20th. Dine Brands Global’s dividend payout ratio is 33.94%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Point72 DIFC Ltd acquired a new stake in Dine Brands Global in the 3rd quarter valued at approximately $29,000. Mountain Hill Investment Partners Corp. bought a new position in shares of Dine Brands Global during the 4th quarter worth approximately $30,000. EMC Capital Management raised its holdings in shares of Dine Brands Global by 2,570.0% in the fourth quarter. EMC Capital Management now owns 2,937 shares of the restaurant operator’s stock valued at $88,000 after purchasing an additional 2,827 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Dine Brands Global in the fourth quarter worth $89,000. Finally, Signaturefd LLC boosted its holdings in Dine Brands Global by 383.4% during the third quarter. Signaturefd LLC now owns 2,973 shares of the restaurant operator’s stock worth $93,000 after purchasing an additional 2,358 shares during the last quarter. 92.83% of the stock is owned by institutional investors and hedge funds.

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.