Dunkin Brands Group Inc (NASDAQ:DNKN) – Investment analysts at KeyCorp upped their Q1 2019 earnings per share (EPS) estimates for Dunkin Brands Group in a report issued on Thursday, February 7th. KeyCorp analyst E. Gonzalez now anticipates that the restaurant operator will earn $0.61 per share for the quarter, up from their prior forecast of $0.60. KeyCorp also issued estimates for Dunkin Brands Group’s Q3 2019 earnings at $0.82 EPS, Q4 2019 earnings at $0.72 EPS, Q1 2020 earnings at $0.66 EPS, Q3 2020 earnings at $0.89 EPS and FY2020 earnings at $3.22 EPS.
Several other research analysts have also recently weighed in on the stock. UBS Group set a $72.00 price target on shares of Dunkin Brands Group and gave the company a “hold” rating in a report on Friday. Mizuho set a $61.00 price target on shares of Dunkin Brands Group and gave the company a “sell” rating in a report on Friday. BMO Capital Markets lowered their price target on shares of Dunkin Brands Group to $75.00 and set an “outperform” rating on the stock in a report on Friday. Maxim Group reissued a “buy” rating and issued a $79.00 price target (down from $83.00) on shares of Dunkin Brands Group in a report on Friday. Finally, Zacks Investment Research raised shares of Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Tuesday, January 29th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $70.79.
Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, February 7th. The restaurant operator reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.06. The firm had revenue of $319.60 million for the quarter, compared to analysts’ expectations of $329.83 million. Dunkin Brands Group had a net margin of 17.40% and a negative return on equity of 31.51%. The business’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.64 EPS.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Friday, March 8th. This is a positive change from Dunkin Brands Group’s previous quarterly dividend of $0.35. Dunkin Brands Group’s dividend payout ratio is presently 47.93%.
Large investors have recently made changes to their positions in the business. Thrivent Financial for Lutherans lifted its stake in Dunkin Brands Group by 5.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 20,022 shares of the restaurant operator’s stock valued at $1,476,000 after purchasing an additional 1,118 shares during the last quarter. First Hawaiian Bank bought a new position in Dunkin Brands Group in the 3rd quarter valued at approximately $110,000. State of Alaska Department of Revenue lifted its stake in Dunkin Brands Group by 6.6% in the 4th quarter. State of Alaska Department of Revenue now owns 34,320 shares of the restaurant operator’s stock valued at $2,200,000 after purchasing an additional 2,126 shares during the last quarter. Lido Advisors LLC bought a new position in Dunkin Brands Group in the 3rd quarter valued at approximately $240,000. Finally, Hilltop Holdings Inc. lifted its stake in Dunkin Brands Group by 24.7% in the 3rd quarter. Hilltop Holdings Inc. now owns 5,018 shares of the restaurant operator’s stock valued at $370,000 after purchasing an additional 993 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.
About Dunkin Brands Group
Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.
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