Barclays Has Lowered Expectations for Dine Brands Global (NYSE:DIN) Stock Price

Dine Brands Global (NYSE:DIN - Get Free Report) had its price objective reduced by research analysts at Barclays from $26.00 to $21.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an "equal weight" rating on the restaurant operator's stock. Barclays's price objective suggests a potential upside of 3.12% from the company's current price.

A number of other research analysts have also recently commented on DIN. UBS Group decreased their target price on shares of Dine Brands Global from $32.00 to $25.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Truist Financial decreased their price objective on shares of Dine Brands Global from $37.00 to $27.00 and set a "hold" rating on the stock in a report on Thursday, March 6th. KeyCorp dropped their target price on shares of Dine Brands Global from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Sanford C. Bernstein set a $26.00 price target on Dine Brands Global in a research note on Thursday, March 6th. Finally, Wedbush lowered their price target on Dine Brands Global from $28.00 to $26.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $28.29.

Dine Brands Global Stock Down 0.0 %

NYSE:DIN traded down $0.01 on Tuesday, hitting $20.37. The stock had a trading volume of 199,554 shares, compared to its average volume of 569,723. The company has a fifty day moving average price of $23.71 and a two-hundred day moving average price of $28.43. The stock has a market cap of $318.43 million, a price-to-earnings ratio of 3.40 and a beta of 1.44. Dine Brands Global has a 1-year low of $18.63 and a 1-year high of $46.26.

Dine Brands Global (NYSE:DIN - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The restaurant operator reported $0.87 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.48). Dine Brands Global had a negative return on equity of 37.75% and a net margin of 11.31%. The business had revenue of $204.80 million during the quarter, compared to analysts' expectations of $200.75 million. During the same quarter in the previous year, the company posted $1.40 earnings per share. The company's revenue was down .7% on a year-over-year basis. As a group, analysts anticipate that Dine Brands Global will post 5.84 earnings per share for the current year.

Institutional Trading of Dine Brands Global

A number of large investors have recently made changes to their positions in DIN. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Dine Brands Global in the 4th quarter valued at approximately $30,000. Ancora Advisors LLC acquired a new stake in Dine Brands Global in the fourth quarter valued at $40,000. KLP Kapitalforvaltning AS purchased a new stake in Dine Brands Global during the 4th quarter worth about $89,000. EMC Capital Management increased its holdings in shares of Dine Brands Global by 2,570.0% in the 4th quarter. EMC Capital Management now owns 2,937 shares of the restaurant operator's stock valued at $88,000 after acquiring an additional 2,827 shares during the last quarter. Finally, AdvisorShares Investments LLC raised its position in shares of Dine Brands Global by 243.1% during the 4th quarter. AdvisorShares Investments LLC now owns 5,074 shares of the restaurant operator's stock worth $153,000 after acquiring an additional 3,595 shares in the last quarter. 92.83% of the stock is currently owned by hedge funds and other institutional investors.

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.

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