Dine Brands Global, Inc. Common with ticker code (DIN) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 92 and 83 with the average target price sitting at $86.33. Given that the stocks previous close was at $67.83 and the analysts are correct then we can expect a percentage increase in value of 27.3%. Also worth taking note is the 50 day moving average now sits at $72.03 while the 200 day moving average is $70.70. The market capitalization for the company is $1,040m. Company Website: https://www.dinebrands.com
The potential market cap would be $1,323m based on the market consensus.
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), Fuzzy’s franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. It owns and franchises three restaurant concepts, including Applebee’s Neighborhood Grill + Bar within the casual dining category; and IHOP in the family dining category of the restaurant industry; Fuzzy’s Taco Shop within the fast-casual dining category. In addition, its Applebee’s restaurants offer American fare with drinks and local draft beers; IHOP restaurants provide full table services, food and beverage; and Fuzzy’s Taco Shop offers baja-style mexican food like baja tacos, chips and queso, guacamole and salsa made in house, and a full bar including margaritas, and cold draft beer. The company was formerly known as DineEquity, Inc. and changed its name to Dine Brands Global, Inc. in February 2018. Dine Brands Global, Inc. was founded in 1958 and is headquartered in Glendale, California.
The company has a dividend yield of 2.99% with the ex dividend date set at 17-3-2023 (DMY).
Other points of data to note are a P/E ratio of 13.34, revenue per share of 57.29 and a 5.68% return on assets.
