Equities analysts expect Dunkin Brands Group Inc (NASDAQ:DNKN) to announce $0.82 earnings per share for the current quarter, according to Zacks. Nine analysts have made estimates for Dunkin Brands Group’s earnings. The highest EPS estimate is $0.85 and the lowest is $0.79. Dunkin Brands Group reported earnings per share of $0.77 in the same quarter last year, which would indicate a positive year-over-year growth rate of 6.5%. The company is scheduled to issue its next quarterly earnings results on Thursday, July 25th.
According to Zacks, analysts expect that Dunkin Brands Group will report full-year earnings of $3.00 per share for the current fiscal year, with EPS estimates ranging from $2.97 to $3.08. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.24 per share, with EPS estimates ranging from $3.16 to $3.35. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Dunkin Brands Group.
Dunkin Brands Group (NASDAQ:DNKN) last issued its earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.05. Dunkin Brands Group had a negative return on equity of 33.52% and a net margin of 17.33%. The company had revenue of $319.10 million for the quarter, compared to the consensus estimate of $312.38 million. During the same quarter last year, the company earned $0.62 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis.
DNKN has been the topic of several recent research reports. UBS Group set a $72.00 target price on shares of Dunkin Brands Group and gave the stock a “hold” rating in a research report on Friday, May 3rd. Maxim Group reaffirmed a “buy” rating and set a $79.00 price target (down previously from $83.00) on shares of Dunkin Brands Group in a research report on Friday, February 8th. BMO Capital Markets reduced their price target on shares of Dunkin Brands Group to $75.00 and set an “outperform” rating on the stock in a research report on Friday, February 8th. OTR Global cut shares of Dunkin Brands Group to a “positive” rating in a research report on Friday, January 25th. Finally, Citigroup reduced their price target on shares of Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating on the stock in a research report on Thursday, February 14th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have assigned a buy rating to the stock. Dunkin Brands Group currently has an average rating of “Hold” and a consensus price target of $70.05.
Shares of DNKN traded down $0.74 during mid-day trading on Friday, reaching $74.60. The company had a trading volume of 15,625 shares, compared to its average volume of 691,154. Dunkin Brands Group has a 1-year low of $61.69 and a 1-year high of $77.50. The company has a market cap of $6.23 billion, a P/E ratio of 25.76, a PEG ratio of 2.33 and a beta of 0.47.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Monday, June 3rd will be issued a dividend of $0.375 per share. The ex-dividend date is Friday, May 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.01%. Dunkin Brands Group’s dividend payout ratio is currently 51.72%.
In other Dunkin Brands Group news, insider John L. Clare sold 8,367 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $75.00, for a total value of $627,525.00. Following the completion of the transaction, the insider now directly owns 29,412 shares of the company’s stock, valued at $2,205,900. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Scott Murphy sold 29,709 shares of the business’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $74.51, for a total transaction of $2,213,617.59. Following the completion of the transaction, the chief operating officer now directly owns 11,882 shares of the company’s stock, valued at $885,327.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,747 shares of company stock worth $3,710,932. Insiders own 1.70% of the company’s stock.
A number of large investors have recently modified their holdings of DNKN. Semmax Financial Advisors Inc. raised its holdings in shares of Dunkin Brands Group by 525.9% during the first quarter. Semmax Financial Advisors Inc. now owns 363 shares of the restaurant operator’s stock worth $27,000 after acquiring an additional 305 shares during the period. CENTRAL TRUST Co acquired a new position in shares of Dunkin Brands Group in the 1st quarter valued at approximately $29,000. Oregon Public Employees Retirement Fund raised its position in shares of Dunkin Brands Group by 6,312.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,073,384 shares of the restaurant operator’s stock valued at $32,000 after buying an additional 2,041,048 shares in the last quarter. Arrow Financial Corp raised its position in shares of Dunkin Brands Group by 430.0% in the 4th quarter. Arrow Financial Corp now owns 530 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 430 shares in the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Dunkin Brands Group during the 1st quarter valued at approximately $34,000. 93.15% of the stock is owned by hedge funds and other institutional investors.
Dunkin Brands Group Company Profile
Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.
Further Reading: How to calculate the annual rate of depreciation
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Dunkin Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.