Press coverage about DineEquity (NYSE:DIN) has trended somewhat positive this week, Alpha One Sentiment reports. The research firm, a service of Accern, identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DineEquity earned a media sentiment score of 0.23 on Alpha One’s scale. Alpha One also gave media coverage about the restaurant operator an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected AlphaOne Sentiment’s scoring:
DineEquity (NYSE:DIN) traded up 0.02% on Friday, hitting $52.56. The company had a trading volume of 246,242 shares. The stock has a market capitalization of $937.93 million, a PE ratio of 9.86 and a beta of 0.45. The stock has a 50 day moving average of $54.17 and a 200-day moving average of $68.74. DineEquity has a one year low of $49.53 and a one year high of $88.00.
DineEquity (NYSE:DIN) last announced its quarterly earnings results on Tuesday, May 2nd. The restaurant operator reported $1.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.02. The company earned $156.17 million during the quarter, compared to analysts’ expectations of $158.77 million. DineEquity had a return on equity of 44.00% and a net margin of 15.67%. Equities analysts anticipate that DineEquity will post $4.90 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 7th. Stockholders of record on Monday, March 20th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 7.38%. The ex-dividend date of this dividend was Thursday, March 16th. DineEquity’s dividend payout ratio (DPR) is presently 70.55%.
A number of equities research analysts have recently issued reports on the company. Maxim Group reiterated a “buy” rating on shares of DineEquity in a research note on Monday, April 10th. Instinet upped their price objective on DineEquity from $55.00 to $58.00 and gave the stock a “neutral” rating in a research note on Thursday. Zacks Investment Research upgraded DineEquity from a “sell” rating to a “hold” rating in a research note on Tuesday. Vetr upgraded DineEquity from a “buy” rating to a “strong-buy” rating and set a $61.82 price objective on the stock in a research note on Wednesday. Finally, Nomura reiterated a “hold” rating and set a $55.00 price objective on shares of DineEquity in a research note on Monday, April 17th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $71.55.
In related news, Chairman Richard J. Dahl purchased 2,000 shares of DineEquity stock in a transaction dated Friday, March 3rd. The stock was bought at an average cost of $52.30 per share, for a total transaction of $104,600.00. Following the completion of the transaction, the chairman now owns 1,381 shares in the company, valued at $72,226.30. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.55% of the stock is currently owned by insiders.
DineEquity Company Profile
DineEquity, Inc, through its subsidiaries, owns and franchises the Applebee’s Neighborhood Grill & Bar (Applebee’s) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry.