DineEquity, Inc (NYSE:DIN) Given Price Target Of $100.666


As per DineEquity, Inc (NYSE:DIN)’s news release on 2016-07-29, its shareholders will get cash dividend of $0.92 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-16 and 2016-10-07, respectively.

The stock will commence trading ex-dividend from 2016-09-14, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year DineEquity, Inc (NYSE:DIN) disbursed $0.92 in dividend compared to distribution of $0.92, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 13.44%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated DineEquity, Inc (NYSE:DIN) to attain a price target of $100.666. It is an average estimate figure given by 3 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $107. The low price range is set at $90 for next year while the arithmetic mean is seen at 1.33.

Eyeing Earnings DineEquity, Inc (NYSE:DIN) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $1.38 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, DineEquity, Inc (NYSE:DIN) earnings came at $1.59 suggesting a deviation of $0. The brokerages targeted EPS of $1.59 for the quarter.

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