Dine Brands Global (NYSE:DIN – Get Free Report) posted its quarterly earnings data on Wednesday. The restaurant operator reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.26), Briefing.com reports. The firm had revenue of $206.24 million during the quarter, compared to analysts’ expectations of $210.54 million. Dine Brands Global had a net margin of 11.69% and a negative return on equity of 37.72%. The business’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.97 earnings per share.
Dine Brands Global Price Performance
DIN stock traded down $0.51 during mid-day trading on Thursday, reaching $43.05. The company had a trading volume of 492,774 shares, compared to its average volume of 270,611. Dine Brands Global has a 52 week low of $41.76 and a 52 week high of $69.05. The company has a market capitalization of $665.25 million, a price-to-earnings ratio of 6.86 and a beta of 1.68. The stock has a 50 day simple moving average of $45.58 and a two-hundred day simple moving average of $46.17.
Dine Brands Global Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Wednesday, March 20th were paid a $0.51 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $2.04 dividend on an annualized basis and a yield of 4.74%. Dine Brands Global’s dividend payout ratio is 32.74%.
Analyst Upgrades and Downgrades
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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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