DNKN has been the subject of a number of other research reports. Barclays PLC reduced their price objective on shares of Dunkin Brands Group to $61.00 in a research report on Friday, February 10th. Guggenheim restated a neutral rating on shares of Dunkin Brands Group in a research report on Thursday, February 16th. Zacks Investment Research downgraded shares of Dunkin Brands Group from a hold rating to a sell rating in a research report on Tuesday, December 20th. Credit Suisse Group AG raised their price objective on shares of Dunkin Brands Group from $53.00 to $57.00 and gave the company an outperform rating in a research report on Tuesday, November 29th. Finally, Wedbush reiterated a neutral rating and set a $49.00 price target on shares of Dunkin Brands Group in a research report on Saturday, January 28th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $51.60.
Shares of Dunkin Brands Group (NASDAQ:DNKN) opened at 56.68 on Wednesday. The stock has a 50 day moving average price of $53.95 and a 200-day moving average price of $51.74. The stock has a market capitalization of $5.21 billion, a price-to-earnings ratio of 26.86 and a beta of 0.20. Dunkin Brands Group has a 52-week low of $41.29 and a 52-week high of $56.91.
Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, February 9th. The company reported $0.64 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.03. The firm earned $215.70 million during the quarter, compared to the consensus estimate of $215.66 million. Dunkin Brands Group had a net margin of 23.59% and a negative return on equity of 108.58%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.52 earnings per share. On average, equities research analysts predict that Dunkin Brands Group will post $2.38 EPS for the current fiscal year.
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The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 22nd. Shareholders of record on Monday, March 13th will be paid a $0.3225 dividend. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, March 9th. Dunkin Brands Group’s payout ratio is presently 56.60%.
In other Dunkin Brands Group news, insider Paul E. Twohig sold 76,000 shares of Dunkin Brands Group stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $54.81, for a total value of $4,165,560.00. Following the completion of the sale, the insider now directly owns 64,423 shares of the company’s stock, valued at approximately $3,531,024.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John Varughese sold 9,000 shares of Dunkin Brands Group stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $54.58, for a total transaction of $491,220.00. Following the completion of the sale, the vice president now directly owns 4,000 shares of the company’s stock, valued at $218,320. The disclosure for this sale can be found here. Insiders sold a total of 135,038 shares of company stock valued at $7,427,180 over the last ninety days. 2.90% of the stock is owned by corporate insiders.
A number of hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in Dunkin Brands Group by 43.9% in the second quarter. IFP Advisors Inc now owns 2,663 shares of the company’s stock valued at $116,000 after buying an additional 812 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in Dunkin Brands Group during the fourth quarter valued at approximately $157,000. NEXT Financial Group Inc boosted its stake in Dunkin Brands Group by 8.0% in the third quarter. NEXT Financial Group Inc now owns 3,058 shares of the company’s stock valued at $159,000 after buying an additional 227 shares during the last quarter. National Asset Management Inc. purchased a new stake in Dunkin Brands Group during the third quarter valued at approximately $207,000. Finally, Boston Financial Mangement LLC purchased a new stake in Dunkin Brands Group during the third quarter valued at approximately $207,000. 97.53% of the stock is owned by hedge funds and other institutional investors.
Dunkin Brands Group Company Profile
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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