Denny's (DENN) Stock Price, News & Analysis

Company Overview

Denny's Corporation, through its subsidiaries, owns and operates franchised full-service restaurant chains under the Denny's and Keke's Breakfast Cafe brands in the United States and internationally. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in July 2002. Denny's Corporation was founded in 1953 and is headquartered in Spartanburg, South Carolina.

Key Stats

• Today's Range: $5.72 to $6.03
• 50-Day Range: $5.47 to $7.39
• 52-Week Range: $5.37 to $11.16
• Volume: 1.45 million shs
• Average Volume: 601,423 shs
• Market Capitalization: $301.30 million
• P/E Ratio: 17.79
• Dividend Yield: N/A
• Price Target: $7.70
• Consensus Rating: Moderate Buy

Denny's Stock Analysis - MarketRank™

Denny's scored higher than 86% of companies evaluated by MarketBeat, and ranked 60th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Denny's has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Denny's has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.54%

Earnings Growth

Earnings for Denny's are expected to grow by 11.54% in the coming year, from $0.52 to $0.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Denny's is 17.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Denny's is 17.79, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 108.58.

Price to Earnings Growth Ratio

Denny's has a PEG Ratio of 1.33. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.07% of the float of Denny's has been sold short.

Short Interest Ratio / Days to Cover

Denny's has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Denny's has recently decreased by 21.94%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Denny's does not currently pay a dividend.

Dividend Growth

Denny's does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.07% of the float of Denny's has been sold short.

Short Interest Ratio / Days to Cover

Denny's has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Denny's has recently decreased by 21.94%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.25

News Sentiment

Denny's has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Denny's this week, compared to 20 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Denny's insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.20% of the stock of Denny's is held by insiders.

Percentage Held by Institutions

85.07% of the stock of Denny's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DENN Stock Analysis - Frequently Asked Questions

How have DENN shares performed this year?

Denny's' stock was trading at $10.88 at the start of the year. Since then, DENN shares have decreased by 46.0% and is now trading at $5.87.
View the best growth stocks for 2024 here.

How were Denny's' earnings last quarter?

Denny's Co. (NASDAQ:DENN) issued its quarterly earnings results on Tuesday, October, 22nd. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.01. Denny's's revenue for the quarter was down 2.1% compared to the same quarter last year.

Does Denny's have any subsidiaries?

Denny's subsidiaries include Denny's Inc., Denny's Realty LLC, DFO LLC, and East Main Insurance Company.

Who are Denny's' major shareholders?

Denny's' top institutional investors include Allspring Global Investments Holdings LLC (16.60%), Hotchkis & Wiley Capital Management LLC (2.69%), Wellington Management Group LLP (2.52%) and Geode Capital Management LLC (2.30%). Insiders that own company stock include John C Miller, Jay C Gilmore, Stephen C Dunn, Gail Sharps Myers, Robert P Verostek and Brenda J Lauderback.
View institutional ownership trends.

How do I buy shares of Denny's?

Shares of DENN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Denny's own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Denny's investors own include Chevron (CVX), Comcast (CMCSA), Bristol-Myers Squibb (BMY), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 10/22/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants
• Current Symbol: NASDAQ:DENN
• CUSIP: 24869P10
• CIK: 852772
• Web: www.dennys.com
• Phone: (864) 597-8000
• Fax: 864-597-8743
• Employees: 3,500
• Year Founded: 1953

Price Target and Rating

• Average Stock Price Target: $7.70
• High Stock Price Target: $10.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +31.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.33
• Trailing P/E Ratio: 17.79
• Forward P/E Ratio: 11.29
• P/E Growth: 1.33
• Net Income: $19.94 million
• Net Margins: 3.90%
• Pretax Margin: 5.21%
• Return on Equity: -48.64%
• Return on Assets: 5.96%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.39
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $453.01 million
• Price / Sales: 0.67
• Cash Flow: $0.85 per share
• Price / Cash Flow: 6.94
• Book Value: ($1.18) per share
• Price / Book: -4.97

Miscellaneous

• Outstanding Shares: 51,329,000
• Free Float: 49,173,000
• Market Cap: $301.30 million
• Optionable: Optionable
• Beta: 2.01