DNKN has been the topic of a number of other reports. BMO Capital Markets upped their price target on shares of Dunkin Brands Group from $78.00 to $81.00 and gave the company an outperform rating in a research note on Friday, October 26th. Maxim Group restated a buy rating and set a $83.00 price target on shares of Dunkin Brands Group in a research note on Thursday, October 25th. BidaskClub cut shares of Dunkin Brands Group from a buy rating to a hold rating in a research note on Wednesday, January 16th. Gordon Haskett assumed coverage on shares of Dunkin Brands Group in a research note on Thursday, October 18th. They set a hold rating and a $70.00 price target on the stock. Finally, Wells Fargo & Co upped their price target on shares of Dunkin Brands Group from $66.00 to $67.00 and gave the company a market perform rating in a research note on Tuesday, October 16th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $70.79.
DNKN opened at $68.11 on Friday. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of 23.49, a P/E/G ratio of 1.84 and a beta of 0.53. Dunkin Brands Group has a twelve month low of $57.33 and a twelve month high of $77.13.
Dunkin Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, February 7th. The restaurant operator reported $0.68 earnings per share for the quarter, beating the Zacks’ 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 company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 earnings per share. As a group, equities research analysts anticipate that Dunkin Brands Group will post 2.97 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th will be paid a $0.375 dividend. The ex-dividend date is Friday, March 8th. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.35. This represents a $1.50 annualized dividend and a yield of 2.20%. Dunkin Brands Group’s dividend payout ratio is currently 47.93%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Martingale Asset Management L P purchased a new stake in Dunkin Brands Group in the 4th quarter worth approximately $1,309,000. Advisor Group Inc. lifted its stake in Dunkin Brands Group by 27.5% in the 4th quarter. Advisor Group Inc. now owns 6,639 shares of the restaurant operator’s stock worth $426,000 after purchasing an additional 1,430 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Dunkin Brands Group by 7.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 60,358 shares of the restaurant operator’s stock worth $3,870,000 after purchasing an additional 4,266 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its stake in Dunkin Brands Group by 91.6% in the 4th quarter. Ontario Teachers Pension Plan Board now owns 27,376 shares of the restaurant operator’s stock worth $1,755,000 after purchasing an additional 13,087 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Dunkin Brands Group by 2.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 151,338 shares of the restaurant operator’s stock worth $9,703,000 after purchasing an additional 3,869 shares in the last quarter. Institutional investors and hedge funds 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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