Wall Street brokerages forecast that Dunkin Brands Group Inc (NASDAQ:DNKN) will announce earnings of $0.52 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Dunkin Brands Group’s earnings, with the highest EPS estimate coming in at $0.56 and the lowest estimate coming in at $0.44. Dunkin Brands Group reported earnings per share of $0.54 during the same quarter last year, which suggests a negative year-over-year growth rate of 3.7%. The company is expected to report its next earnings results on Thursday, May 3rd.
On average, analysts expect that Dunkin Brands Group will report full-year earnings of $2.70 per share for the current year, with EPS estimates ranging from $2.44 to $3.14. For the next year, analysts expect that the firm will post earnings of $2.99 per share, with EPS estimates ranging from $2.90 to $3.15. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Dunkin Brands Group.
Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. Dunkin Brands Group had a net margin of 40.77% and a negative return on equity of 190.44%. The firm had revenue of $227.10 million during the quarter, compared to analysts’ expectations of $220.54 million. During the same quarter in the previous year, the company posted $0.64 EPS. Dunkin Brands Group’s revenue was up 5.3% on a year-over-year basis.
In other news, insider Richard J. Emmett sold 4,500 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $62.84, for a total value of $282,780.00. Following the completion of the transaction, the insider now owns 16,542 shares of the company’s stock, valued at approximately $1,039,499.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider William M. Mitchell sold 46,180 shares of the business’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $61.30, for a total transaction of $2,830,834.00. Following the completion of the transaction, the insider now directly owns 33,000 shares of the company’s stock, valued at approximately $2,022,900. The disclosure for this sale can be found here. Insiders have sold a total of 455,581 shares of company stock valued at $28,320,199 in the last quarter. Corporate insiders own 3.10% of the company’s stock.
Several hedge funds have recently made changes to their positions in DNKN. Nationwide Fund Advisors grew its holdings in shares of Dunkin Brands Group by 1.7% in the 3rd quarter. Nationwide Fund Advisors now owns 183,364 shares of the restaurant operator’s stock valued at $9,733,000 after buying an additional 3,120 shares during the period. First Trust Advisors LP acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $675,000. Stevens Capital Management LP acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $405,000. Stoneridge Investment Partners LLC acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $313,000. Finally, Candriam Luxembourg S.C.A. acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $478,000. 97.85% of the stock is owned by institutional investors.
Dunkin Brands Group (NASDAQ:DNKN) opened at $60.21 on Friday. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 361.71. Dunkin Brands Group has a 1 year low of $50.89 and a 1 year high of $68.45. The firm has a market cap of $4,975.78, a P/E ratio of 24.89, a P/E/G ratio of 1.67 and a beta of 0.29.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Monday, March 12th will be given a dividend of $0.3475 per share. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, March 9th. This represents a $1.39 annualized dividend and a dividend yield of 2.31%. Dunkin Brands Group’s payout ratio is presently 36.48%.
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Dunkin Brands Group Company Profile
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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