Dine Brands Global (NYSE:DIN) had its price objective lifted by SunTrust Banks from $88.00 to $92.00 in a research report report published on Thursday morning, BenzingaRatingsTable reports. SunTrust Banks currently has a buy rating on the restaurant operator’s stock. SunTrust Banks also issued estimates for Dine Brands Global’s Q1 2021 earnings at $1.30 EPS, Q2 2021 earnings at $1.48 EPS, Q3 2021 earnings at $1.38 EPS, Q4 2021 earnings at $1.52 EPS, FY2021 earnings at $5.67 EPS and FY2022 earnings at $6.99 EPS.

Several other equities research analysts also recently weighed in on the company. MKM Partners increased their price target on Dine Brands Global from $50.00 to $54.00 and gave the stock a neutral rating in a report on Thursday. ValuEngine raised Dine Brands Global from a sell rating to a hold rating in a report on Wednesday, May 27th. Deutsche Bank increased their price target on Dine Brands Global from $40.00 to $45.00 and gave the stock a hold rating in a report on Thursday. Zacks Investment Research raised Dine Brands Global from a hold rating to a buy rating and set a $44.00 price target for the company in a report on Monday, June 29th. Finally, Wedbush increased their price target on Dine Brands Global from $50.00 to $55.00 and gave the stock an outperform rating in a report on Thursday. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Dine Brands Global currently has an average rating of Buy and a consensus price target of $75.00.

Shares of DIN traded down $1.04 during mid-day trading on Thursday, reaching $45.43. 847,178 shares of the company’s stock were exchanged, compared to its average volume of 727,025. The stock has a market capitalization of $745.96 million, a PE ratio of -12.02 and a beta of 1.72. The business’s fifty day simple moving average is $41.46 and its 200-day simple moving average is $52.98. Dine Brands Global has a 52-week low of $14.16 and a 52-week high of $104.46.

Dine Brands Global (NYSE:DIN) last announced its earnings results on Wednesday, July 29th. The restaurant operator reported ($0.87) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.93) by $0.06. The business had revenue of $109.71 million for the quarter, compared to analyst estimates of $99.66 million. Dine Brands Global had a negative net margin of 8.13% and a negative return on equity of 24.91%. The company’s revenue for the quarter was down 51.9% compared to the same quarter last year. During the same period last year, the firm posted $1.71 earnings per share. As a group, equities analysts forecast that Dine Brands Global will post 1.81 EPS for the current year.

A number of institutional investors have recently bought and sold shares of DIN. HighTower Advisors LLC purchased a new stake in Dine Brands Global during the 1st quarter worth about $7,345,000. North Peak Capital Management LLC purchased a new stake in Dine Brands Global in the 1st quarter valued at about $6,708,000. Norges Bank purchased a new stake in Dine Brands Global in the 4th quarter valued at about $18,600,000. Goldman Sachs Group Inc. grew its holdings in Dine Brands Global by 122.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 209,314 shares of the restaurant operator’s stock valued at $17,482,000 after buying an additional 115,421 shares during the period. Finally, Contrarius Investment Management Ltd purchased a new stake in shares of Dine Brands Global during the 1st quarter worth about $2,203,000. Hedge funds and other institutional investors own 90.11% of the company’s stock.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

Further Reading: Profit margin is different from the revenue

Analyst Recommendations for Dine Brands Global (NYSE:DIN)

Receive News & Ratings for Dine Brands Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dine Brands Global and related companies with MarketBeat.com's FREE daily email newsletter.