Dine BrandsDIN
Market Cap: $457M
About: Dine Brands Global Inc owns and franchises thousands of restaurants under the Applebee's and International House of Pancakes names. Almost all company restaurants are located in the United States and franchised. Royalty revenue, which the company gets from franchisees based on franchisees' sales, accounts for roughly three-quarters of total company revenue. The company also earns revenue by leasing restaurant sites to franchisees. The company has four reportable segments Franchise operations, (an aggregation of Applebee's and IHOP franchise operations), Rental operations, Financing operations, and Company-operated restaurant operations. The majority of revenue is derived from the Franchise operations segment.
Employees: 596
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
46% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 50
2.04% less ownership
Funds ownership: 97.18% [Q1] → 95.14% (-2.04%) [Q2]
9% less funds holding
Funds holding: 187 [Q1] → 170 (-17) [Q2]
23% less capital invested
Capital invested by funds: $689M [Q1] → $531M (-$158M) [Q2]
35% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 48
73% less call options, than puts
Call options by funds: $2.03M | Put options by funds: $7.58M
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Jeff Kessler 17% 1-year accuracy 1 / 6 met price target | 27%upside $38 | Overweight Maintained | 8 Aug 2024 |
Keybanc Eric Gonzalez 39% 1-year accuracy 9 / 23 met price target | 24%upside $37 | Overweight Maintained | 8 Aug 2024 |
UBS Dennis Geiger 50% 1-year accuracy 6 / 12 met price target | 71%upside $51 | Buy Maintained | 8 Aug 2024 |
Truist Securities Jake Bartlett 49% 1-year accuracy 31 / 63 met price target | 121%upside $66 | Buy Maintained | 8 Aug 2024 |
Wedbush Nick Setyan 71% 1-year accuracy 61 / 86 met price target | 14%upside $34 | Neutral Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 3 articles about DIN published over the past 30 days