|Bid||72.22 x 1100|
|Ask||72.33 x 1100|
|Day's Range||71.37 - 72.33|
|52 Week Range||65.63 - 104.00|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||12.75|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||2.76 (3.81%)|
|1y Target Est||105.00|
IHOP® is offering fans a once-in-a-lifetime dining experience: a meal in the world’s tiniest IHOP restaurant. Created in partnership with A&E’s “Tiny House Nation,” the Tiny IHOP is a mere 170 square feet and equipped with a functional kitchen, pancake griddle, restaurant seating for six and IHOP staples such as a syrup caddy stowed in custom-built shelving. IHOP is opening the miniature restaurant’s doors for four nights in December, with a reservation-only dinner series in Los Angeles featuring a one-of-a-kind menu inspired by popular IHOP dishes.
Dine Brands Global, Inc. (DIN), the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants, will announce its third quarter 2019 financial results on October 30, 2019 before the stock market opens. The Company will host a conference call to discuss its results on the same day at 9:00 a.m. Pacific Time. International callers, please dial (847) 585-4405 and reference passcode 49091078.
Dine Brands Global, Inc. (DIN), the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants, today announced that its Board of Directors declared a cash dividend of $0.69 per share of common stock for the fourth quarter of 2019. The dividend will be payable on January 10, 2020 to the Company's stockholders of record at the close of business on December 20, 2019. Based in Glendale, California, Dine Brands Global, Inc. (DIN), through its subsidiaries, franchises restaurants under both the Applebee's Neighborhood Grill + Bar and IHOP brands.
Dividend stocks are the Swiss army knives of the stock market.When dividend stocks go up, you make money. When they don't go up -- you still make money (from the dividend). Heck, even when a dividend stock goes down in price, it's not all bad news, because the dividend yield (the absolute dividend amount, divided by the stock price) gets richer the more the stock falls in price.Knowing all this, wouldn't you like to own find great dividend stocks? Of course you would!And thanks to the Stock Screener at TipRanks, you can. In today's screen, we've sought out stocks receiving "strong buy" recommendations on Wall Street, with price targets significantly above where they trade today -- and dividend yields better than the S&P 500's average 2% yield.Here's what we've found:Energizer (ENR)With a stock price down 30% over the past year, you might think that Energizer is running out of juice -- but Wall Street begs to differ. TipRanks' survey of stock analyst ratings shows that, on average, Wall Street considers the world's second-most-famous battery maker a "strong buy," and capable of delivering nearly 40% profit if it reaches its $60 consensus price target. (See ENR's price targets and analyst ratings on TipRanks)Energizer's trailing profits have slipped from more than $200 million earned in 2017, to just $6.4 million earned over the last 12 months, hurt, as UBS analyst Steven Strycula explains, by "early-stage integration setbacks" of its Spectrum Auto Care subsidiary, and "higher debt leverage."That being said, the consensus of analysts who follow the stock is that Energizer will pull out a win this year, earning perhaps $1.96 per share -- then double that by 2021, when earnings are expected to climb to $3.95 per share. Strycula argued in August that the bear case on this stock is now fully "priced-in," whereas the problems that have hurt earnings are "fixable." At "9.5x Consensus EBITDA" with a 3% dividend yield, he thinks the stock is a 'buy'.Evercore ISI analyst Robert Ottenstein added, "ENR screens as the most undervalued stock in our coverage, reflecting controversies over i) the strategic rationale of Energizer’s diversification into Auto Care; ii) structural changes in the battery industry and whether a constructive pricing can be supported and; iii) risks of integration hiccups that could derail the delivery of financial targets."Ottenstein has recently raised his price target on ENR to $60 (from $50), which implies nearly 50% upside from current levels. (To watch Ottenstein's track record, click here)Dine Brands Global (DIN)It's hard to find a stock with less sex appeal than batteries, but Dine Brands -- the restaurateur behind the IHOP and Applebee's chains -- is a close second. Regardless, Wall Street loves this stock as well, predicting the stock could rise as much as 50% over the next 12 months -- and for good reason.Last quarter, Dine Brands posted an impressive 24% gain in sales, and 68% growth in earnings. With profits on the rise, the stock now sells for a P/E of less than 13, and pays a 3.6% dividend yield to boot!Recently, MKM analyst Brett Levy initiated coverage of Dine Brands with a "buy" rating and a $90 price target (Dine Brands stock costs less than $73 today). The analyst likes Dine Equity's existing dual-branded franchising model, which has produced positive same-store sales since late 2017, and notes that management is working hard to prepare for further "evolution" in its business.With shares basically flat over the past 52 weeks, Levy thinks there's still time to get in before the stock takes off. (To watch Levy's track record, click here)Levy is not the only fan of Dine Brands on Wall Street. Deutsche Bank's Brian Mullan believes DIN's valuation seems "too cheap to us absent a variant view that calls for persistently negative SSS and / or persistent unit closures (at either brand) in the out years, which we don't have. As such, we are sticking with the Buy rating, and see a better setup for the balance of the year. Our PT of $104 implies ~27% upside from today's close, with a 12 month time horizon in mind."CVS Health (CVS)Coming at last to perhaps Wall Street's highest profile pick, CVS Health is the nation's largest retail pharmacy chain, with 24% market share as of the end of last year (more than one-third more than second-place Walgreens).Surprisingly for a category leader, CVS sells for a very reasonable 17 times trailing earnings (the average P/E on the S&P 500 is 21.5), and pays its shareholders a market-beating 3.2% dividend yield to boot.Last month, RBC Capital analyst Anton Hie initiated coverage of CVS with an 'outperform' rating and an $85 price target, which is even better than the consensus price target of $72.80 (which itself would mean an 18% profit from today's price levels). (To watch Hie's track record, click here)Hie said his 'buy' thesis is predicated "on our belief that CVS is positioned to lead the transformation of healthcare delivery with its unique set of vertically-integrated assets." As CVS executes on said transformation, Hie predicts "patient investors will be rewarded" as management "delivers strong value creation."It's even possible that not too much patience will be required. Already, CVS showed strong revenue growth of 35% last quarter, which is pretty impressive for a company already doing $226 billion in business annually. That being said, even if it does take a while for investors to see the value in this one, CVS shareholders can sit back and quietly enjoy their 3.2% dividend checks until the market discovers what analysts already see in CVS stock. (See CVS's price targets and analyst ratings on TipRanks)
Applebee’s® is celebrating the scariest time of the year with a brand new Neighborhood Drink of the Month. Starting today, and for the rest of October, participating Applebee’s across the country are sucking you in with the $1 Vampire. Served in a 10-ounce mug, the $1 Vampire is bloody delicious with a mix of rum, strawberry, dragon fruit, passion fruit and a dash of pineapple.
With so many craveable options for grilled entrées and delicious pastas, Applebee’s is eliminating the problem of having to pick just one with NEW Pasta & Grill Combos, starting at just $9.99 for a limited time*. Guests select their choice of one grilled entrée, such as a Crispy Shrimp with a Grilled Shrimp Skewer, and one pasta, including the NEW Smoky Mozzarella Ravioli, for a custom dynamic duo fit to satisfy all their cravings. For even more abundant value, each Pasta & Grill Combo comes with a side of steamed broccoli and garlic mashed potatoes, topped off with crispy onions and a signature breadstick.
For more than 60 years, IHOP® has innovated around its namesake and today marks another milestone for the brand with the addition of gluten-friendly* Buttermilk pancakes to the menu. The new gluten-friendly pancakes are one of several new gluten-friendly options, which also includes gluten-friendly waffles and gluten-friendly Ultimate Steakburgers. The entire gluten-friendly menu is now available at IHOP restaurants nationwide.
Restaurant stocks have been on fire the past two months. With just one quarter left in 2019 the sector overall is closing the performance gap with the S&P 500 (+22%) and outperforming the Russell 2000 (+15%), and Russell Microcap (+9.5%) indices year to date. A basket of 38 restaurant stocks I track (large and small) is up about 20% -- and there's a new performance leader at the head of the pack.
Plus, Kids Eat Free is Back! IHOP is Treating Parents Every Day from 4-10 PM, Now Through November 3
One of Applebee’s® favorite holidays is just around the corner! On Wednesday, September 18, Applebee’s restaurants nationwide will celebrate National Cheeseburger Day by offering one of its most popular Handcrafted Burgers – the Classic Bacon Cheeseburger – with an endless supply of delectable fries for only $6.99*. Applebee’s Classic Bacon Cheeseburger is made with your choice of two cheese slices (American, Cheddar, Swiss, or Pepper Jack), two strips of Applewood-smoked bacon and topped with lettuce, tomato, onion and pickles, all packaged up on a Brioche bun. As with all Handcrafted Burgers, each Classic Bacon Cheeseburger is made to order, with 100% fresh, never-frozen ground beef, and smashed on the grill to seal in the deliciousness.
Dine Brands Global Inc. said Tuesday that it has added nearly triple the number of Applebee's and IHOP locations to the GrubHub Inc. marketplace, bringing the total to more than 3,000 restaurants. Franchisees who work with GrubHub will receive added marketing and analytics benefits. Dine Brands stock is up 12% for the year to date, GrubHub stock is down nearly 24%, and the S&P 500 index has gained almost 15% for 2019 so far.
NEW YORK and GLENDALE, Calif., Aug. 27, 2019 /PRNewswire/ -- Grubhub (GRUB), the nation's leading online and mobile food-ordering and delivery marketplace, today announced its expanded partnership with Dine Brands (DIN), the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants. Nearly triple the number of Applebee's and IHOP locations will be available on the Grubhub marketplace, and the collaboration will also build a deep integration to maximize incremental growth. Grubhub's marketplace will extend coverage to more than 3,000 locations between Applebee's and IHOP brands, giving diners even more opportunity to get their favorite dishes delivered.
Dividend paying stocks like Dine Brands Global, Inc. (NYSE:DIN) tend to be popular with investors, and for good reason...
More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra (NSANY) and the wedding band and engagement ring he bought on a credit card for his bride. With all their money tied up in their cars and debts, they couldn’t afford to spend on other activities or experiences, said Ryan, a 35-year-old police lieutenant at a large law enforcement agency in Arizona.
Applebee's Neighborhood Grill + Bar said Wednesday that it has added nationwide delivery through a partnership with DoorDash. To launch, free delivery will be available through September 1. And to celebrate a partnership with NBC Sports' Football Night in America, free delivery will be available every Sunday of the season, from September 8 to December 29. Applebee's and IHOP are part of the Dine Brands Global Inc. portfolio. Dine Brands stock has gained 17.5% for the year to date while the S&P 500 index is up 16.7% for the period.