Insider Trading Update: DineEquity, Inc $DIN

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DineEquity, Inc (NYSE:DIN) insider have most recently took part in a trading activity. On Jun 15, 2017 Joyce Stephen P, Director bought 2,265 shares having total worth of $99,819 at the price of $44.07 per share, following the transaction a total of 7,318 shares owned by Joyce Stephen P.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 8 times by insiders. In 4 of these trades, the insider was a seller while an employee of the company was the buyer in 4 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 -32.55%
12 Month 4 4 -45.8%

Shares of DineEquity, Inc (NYSE:DIN) traded down 0.33% on Jun 14, 2017, hitting $45.44. 362,318 shares of the company’s stock traded hands. DineEquity, Inc has a 52 week low of $44.76 and a 52 week high of $96.96. The company’s market cap is $1,460 million.

DineEquity, Inc (NYSE:DIN) last announced its earnings results on May 2, 2017. The company reported 1.22 earnings per share (EPS) for the quarter, higher than the consensus estimate of 1.19 by $0.03. The company had revenue of $156 million for the quarter, compared to the consensus estimate of $158 million. During the same quarter in the previous year, the company posted 0.46 earnings per share. The company’s revenue for the quarter was down 90% on a year-over-year basis.

2017-05-02 2017-03-01 2016-11-01 2016-08-03 2016-05-05 2016-02-24 2015-10-29 2015-07-29 2015-04-30 2015-02-25
earnings per share 1.22 1.37 1.46 1.59 0.46 1.59 1.43 1.53 1.64 1.16
Revenue(M) 156.17 154.17 156.02 160.26 1561 171.3 162.44 171.55 175.81 164.41

DineEquity, Inc has been the subject of a number of recent research reports. Analysts at Nomura Downgrades shares of DineEquity, Inc from a Buy rating to an Neutral rating in a research note. They now have a $77.00 price target on the stock.

DineEquity, Inc. was incorporated under the laws of the State of Delaware in 1976 with the name IHOP Corp. Effective June 2, 2008, the name of the Company was changed to DineEquity, Inc. The Company owns and operates two restaurant concepts: Applebee’s Neighborhood Grill and Bar, or Applebee’s, in the bar and grill segment of the casual dining category of the restaurant industry, and International House of Pancakes, or IHOP, in the family dining category of the restaurant industry. The franchise operations segment consists of restaurants operated by Applebee’s franchisees in the United States, one United States territory and 15 countries outside of the United States and restaurants operated by IHOP franchisees and area licensees in the United States, two United States territories and three countries outside of the United States. The company restaurant operations segment consists of Applebee’s company-operated restaurants, IHOP company-operated restaurants and five restaurants reacquired from franchisees and operated by IHOP on a temporary basis until refranchised. All Company-operated restaurants are located in the United States. The Company restaurant sales are retail sales at company-operated restaurants. The Company restaurant expenses are operating expenses at company-operated restaurants and include food, beverage, labor, benefits, utilities, rent and other restaurant operating costs. Rental operations revenue includes revenue from operating leases and interest income from direct financing leases. Rental operations expenses are costs of operating leases and interest expense on capital leases on franchisee-operated restaurants. As of December 31, 2011, there were a total of 1,550 IHOP restaurants, of which 1,369 were subject to franchise agreements, 166 were subject to area license agreements and 15 were company-operated restaurants. IHOP restaurants are located in all 50 states of the United States, two United States territories and three countries outside of the United States. As of December 31, 2011, there were a total of 2,019 Applebee’s restaurants, of which 1,842 were subject to franchise agreements and 177 were company-operated restaurants. The restaurants were located in 49 states, one United States territory and 15 countries outside of the United States. Applebee’s competes in the casual dining segment against national and multi-state operators such as Chili’s, T.G.I. Friday’s and Ruby Tuesday’s, among others. IHOP competes in the family dining segment against national and multi-state operators such as Denny’s, Cracker Barrel Old Country Store and Bob Evans Restaurants. IHOP also faces a growing level of competition from fast food chains that serve breakfast. The Company is subject to Federal Trade Commission regulation and a number of state laws which regulate the offer and sale of franchises.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.