DIN - Dine Brands Global, Inc.

NYSE - NYSE Delayed Price. Currency in USD
37.69
+2.22 (+6.26%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close35.47
Open35.19
Bid0.00 x 1000
Ask0.00 x 1000
Day's Range34.31 - 37.81
52 Week Range14.16 - 104.47
Volume657,513
Avg. Volume1,061,850
Market Cap618.809M
Beta (5Y Monthly)1.73
PE Ratio (TTM)6.95
EPS (TTM)5.42
Earnings DateJul 29, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 19, 2020
1y Target Est63.86
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
22% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Denny's CEO is proud of its diverse board and number of minority-owned franchises
    Yahoo Finance

    Denny's CEO is proud of its diverse board and number of minority-owned franchises

    Denny can lay claim to something that rivals in the restaurant industry can't.

  • Reboot of Economy Stimulates US Service Sector: 5 Winners
    Zacks

    Reboot of Economy Stimulates US Service Sector: 5 Winners

    Reopening of economy and easing of lockdowns rev up the U.S. service sector in June. However, the recent spurt in coronavirus cases, thanks to a second-wave fear, mars the potential of a rapid recovery.

  • The Zacks Analyst Blog Highlights: Chevron, Devon Energy, Dine Brands Global, Ahold and Conagra Brands
    Zacks

    The Zacks Analyst Blog Highlights: Chevron, Devon Energy, Dine Brands Global, Ahold and Conagra Brands

    The Zacks Analyst Blog Highlights: Chevron, Devon Energy, Dine Brands Global, Ahold and Conagra Brands

  • Dine Brands Global, Inc. to Host Second Quarter 2020 Earnings Conference Call on July 29, 2020
    Business Wire

    Dine Brands Global, Inc. to Host Second Quarter 2020 Earnings Conference Call on July 29, 2020

    Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar® and IHOP® restaurants, will announce its second quarter 2020 financial results on July 29, 2020 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.

  • Applebee’s® Welcomes You Back to the Neighborhood with an Irresist-A-Bowl Deal
    Business Wire

    Applebee’s® Welcomes You Back to the Neighborhood with an Irresist-A-Bowl Deal

    Welcome Back, Neighbor! To celebrate, today Applebee’s is reintroducing Applebee’s® Irresist-A-Bowls as the official entrée to welcome guests back into dining rooms across the country. Irresist-A-Bowls are just $7.99* for a limited time and are piled high with abundant toppings and flavor that is truly irresistible!

  • Skyrocketing of COVID-19 cases around the U.S. slows dine-in restaurant recovery
    MarketWatch

    Skyrocketing of COVID-19 cases around the U.S. slows dine-in restaurant recovery

    Soaring cases of COVID-19 around the U.S. drove a week-over-week slowdown at casual-dining restaurants, according to data provided by Bernstein.

  • Why Dine Brands (DIN) Could Beat Earnings Estimates Again
    Zacks

    Why Dine Brands (DIN) Could Beat Earnings Estimates Again

    Dine Brands (DIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • How Are Planet Fitness and IHOP Securitizations Doing Now?
    Bloomberg

    How Are Planet Fitness and IHOP Securitizations Doing Now?

    (Bloomberg Opinion) -- It looked like the perfect feat of Wall Street ingenuity. Then the coronavirus pandemic struck.For the past few years, asset-backed securities known as “whole business securitizations” had become a steadily growing presence in the structured-finance market. Chain restaurants like Dunkin’, Hooters, TGI Friday’s and Wendy’s were among the first to take up bankers on this process, which involves companies selling almost all revenue-generating assets into bankruptcy-remote, special-purpose entities in exchange for investment-grade credit ratings and much cheaper financing. More recently, other franchise-focused enterprises like Planet Fitness Inc. and Massage Envy LLC followed.There’s a lot to like about these securities for fixed-income investors. They usually offer higher yields than comparably rated corporate bonds, for one. They’re backed by cash flow from hundreds, if not thousands, of individual locations across the country that each have unique demand dynamics and would likely keep operating and sending money to investors even if the parent company filed for bankruptcy.You might be able to guess where the story goes from here. Yes, some securitizations are doing fine, like Domino’s Pizza Inc., whose stock price reached a record this month. And Driven Brands, which has more than 3,200 automotive services shops across 49 U.S. states and all Canadian provinces, successfully priced $175 million of debt on Friday in the first such deal since March. But a handful of the bonds are showing signs of cracking under pressure from Covid-19. Specifically, restaurants that are overwhelmingly dine-in or concentrated in malls, as well as the aforementioned Planet Fitness and Massage Envy. Consider Dine Brands Global Inc., the parent of the Applebee’s and IHOP brands. Obviously, it’s hardly a boom time for going out for breakfast. Its whole-business securitization from 2019, rated triple-B by S&P Global Ratings, traded at more than 100 cents on the dollar on March 11, then tumbled to about 77 cents in April, Trace data show. While trading in this kind of debt is relatively sparse, it seems to have rebounded to 87 cents, equivalent to a yield of about 8%. The average junk bond yields 6.77%, according to a Bloomberg Barclays index.S&P said in a report last week that it could lower the transaction’s ratings within the next three months, given the sharp drop in dine-in revenue. In a sign of how serious this is for Dine Brands, it’s waiving its right to a management fee at least through the beginning of September and has redirected the residual to pre-fund debt service, S&P said. Dine Brands also voluntarily doubled the interest reserve to $32.8 million from $16.4 million.At least in S&P’s view, the situation is even worse for TGI Friday’s, which had already cut total restaurants to 796 in March from 894 three years earlier. In mid-May, the rating agency downgraded the chain’s 2017 notes to B+, four steps below investment grade, and said there’s a 50-50 chance it would drop it even further. “Though the pandemic has placed significant stress on the restaurant industry broadly, we believe TGIF will face near-term revenue stress that is particularly severe,” the S&P analysts wrote. They found the securitization can withstand a 43% decline in collections before experiencing an interest shortfall in the next several months. That’s a high hurdle, to be sure, but hardly impossible.Focus Brands, the parent of popular mall chains like Auntie Anne’s, Cinnabon and Jamba, is also having a rough time. Its whole-business securitization from 2017 traded at about 93 cents on the dollar last week, implying a yield of 12% (its expected maturity is April 2021). Kroll Bond Rating Agency has said it might downgrade the transaction, along with others that combined have a $3.1 billion outstanding balance.Planet Fitness’s whole-business securitization, which helped Guggenheim Securities win GlobalCapital’s 2019 best securitization bank of the year award, sunk to as low as 64 cents on the dollar in April, down from 103 cents previously. One of its gyms in West Virginia may have exposed more than 200 people to Covid-19, according to reports Monday. The company said the gym was closed “for an additional deep cleaning by a third party” but would quickly open again. Whether customers return just as swiftly is an open question.If there’s one company to watch, though, it just might be Massage Envy. The private-equity-backed spa chain, which had more than 1,000 locations when it issued its whole-business securitization, was always something of an outlier, given a 60-minute wellness massage or healthy skin facial costs about $50 for members. That’s a different price point than Domino’s, Five Guys or Taco Bell. The price of its securitization fell to 73 cents on the dollar in May. Now at 82 cents, that’s still equivalent to a yield of more than 12%, a level in the corporate-bond market that would indicate distress.It’s still quite likely that investors end up unimpaired, even in these struggling bonds. But this is certainly not what they thought they were signing up for, with plenty of competing forces now muddling the outlook. Anecdotally, I’ve made buffalo wings twice during lockdown that I’d consider better than TGI Friday’s and generally feel more adept in the kitchen than ever. I suspect others feel similarly. All else equal, how many people will want to venture out to support a dine-in chain over a small business, given all the painful stories about their struggles to make ends meet? Who exactly is eager to stroll around a shopping mall, let alone get their hands messy with a Cinnabon or Auntie Anne’s pretzel?I try not to get too committed to any one post-coronavirus future, but at least within the whole-business securitization market, a clear dichotomy is starting to emerge that roughly aligns with common-sense expectations. If a chain delivers food to customers in the comfort of their own home or car, it’ll be fine. If it’s a ubiquitous dine-in establishment, it’s a more dicey proposition. If it’s a gym that offered free at-home classes during lockdowns, people might very well just keep doing that, or make a one-time splurge on their own equipment. And it could be a while before customers feel truly relaxed when getting a massage or facial.That’s what this niche market is saying, at least. If investors think that assessment is out of whack, some huge yields beckon.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Beyond Meat founder: Our plant-based meat is on its way to being cheaper than animal protein
    Yahoo Finance

    Beyond Meat founder: Our plant-based meat is on its way to being cheaper than animal protein

    Yahoo Finance catches up with Beyond Meat founder and CEO Ethan Brown.

  • Burger King sales rebound as states reopen after COVID-19 lockdown
    Yahoo Finance

    Burger King sales rebound as states reopen after COVID-19 lockdown

    Burger King joins a list of restaurants starting to recover from the worst of the COVID-19 economic downturn.

  • Chili's owner says restaurant business will be fine post coronavirus pandemic
    Yahoo Finance

    Chili's owner says restaurant business will be fine post coronavirus pandemic

    Chili's owner Brinker International is on the comeback trail. CEO Wyman Roberts discusses the chain's future.

  • One dead, two wounded in shooting at Missouri Applebee’s
    MarketWatch

    One dead, two wounded in shooting at Missouri Applebee’s

    A man has been arrested in a shooting that left one woman dead and two others wounded, including a firefighter, at an Applebee’s restaurant in suburban St. Louis, authorities said.

  • Dine Brands Global, Inc. Announces International President; Chief Information Officer Appointments
    Business Wire

    Dine Brands Global, Inc. Announces International President; Chief Information Officer Appointments

    Dine Brands, the parent company of Applebee's Neighborhood Grill & Bar and IHOP restaurants, announces the appointment of Tony Moralejo as President, International and Global Development; and Justin Skelton, Chief Information Officer. Moralejo and Skelton are both experienced leaders who will make an immediate impact in the recovery and acceleration of the business post crisis. They will report to Thomas Song, Chief Financial Officer, and join the Dine Brands Executive Team.

  • Hedge Funds Getting More Bullish On Dine Brands Global, Inc. (DIN)
    Insider Monkey

    Hedge Funds Getting More Bullish On Dine Brands Global, Inc. (DIN)

    In this article you are going to find out whether hedge funds think Dine Brands Global, Inc. (NYSE:DIN) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]

  • Thomson Reuters StreetEvents

    Edited Transcript of DIN.N earnings conference call or presentation 29-Apr-20 4:00pm GMT

    Q1 2020 Dine Brands Global Inc Earnings Call

  • COVID-19 has made eating at McDonald's much cheaper: charts
    Yahoo Finance

    COVID-19 has made eating at McDonald's much cheaper: charts

    The deals are flowing at the Golden Arches in an effort to lure in traffic amidst the COVID-19 pandemic.

  • 3 Reasons to Take a Bite Out of Dine Brands Global
    Motley Fool

    3 Reasons to Take a Bite Out of Dine Brands Global

    The parent company of IHOP and Applebee's is managing the coronavirus pandemic negatives and finding ways to keep serving up earnings.

  • Starbucks acknowledges a harsh reality about life after COVID-19
    Yahoo Finance

    Starbucks acknowledges a harsh reality about life after COVID-19

    Is there a need for a Starbucks on every corner? Is there a need to have large Starbucks stores? Welcome to life after the COVID-19 pandemic.

  • Restaurants begin to reopen, here's what your contactless dining experience may look like
    Yahoo Finance Video

    Restaurants begin to reopen, here's what your contactless dining experience may look like

    Raj Suri, Presto Founder & CEO, joins Yahoo Finance to discuss the future of contactless dining, what chain restaurants are using the company's technology, how small restaurants can receive a Presto dining kit for free and more.

  • Dunkin' Donuts plans to hire 25,000 employees as states reopen
    Yahoo Finance

    Dunkin' Donuts plans to hire 25,000 employees as states reopen

    Dunkin' Brands makes a big new hiring push as states reopen for business.

  • Why These Restaurant Stocks Jumped on Wednesday
    Motley Fool

    Why These Restaurant Stocks Jumped on Wednesday

    Shares of Denny's (NASDAQ: DENN), Ruth's Hospitality Group (NASDAQ: RUTH), and Dine Brands Global (NYSE: DIN), various restaurant chains, all jumped today after positive sales data and trends from Cheesecake Factory and Red Robin Gourmet Burgers pushed the sector higher. At the close on Wednesday, Denny's was up 11.9%, Ruth's was up 8.8%, and Dine Brands was up 9.5%. The broader restaurant industry was feeling some relief Wednesday after Cheesecake Factory and Red Robin released business updates that emphasized dine-in crowds were rebounding.

  • Dine Brands Global, Inc. Announces CEO Search
    Business Wire

    Dine Brands Global, Inc. Announces CEO Search

    The Board of Directors of Dine Brands Global, Inc. today announced that it has retained the executive search firm, Spencer Stuart, to assist the Company in identifying an individual to succeed its Chief Executive Officer, Steve Joyce. Mr. Joyce’s employment agreement expires February 1, 2021.

  • Were Hedge Funds Right About DineEquity Inc (DIN)?
    Insider Monkey

    Were Hedge Funds Right About DineEquity Inc (DIN)?

    Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]