Analysts Anticipate Dunkin’ Brands (DNKN) to Post $0.52 Earnings Per Share
Brokerages expect Dunkin’ Brands (NASDAQ:DNKN) to announce $0.52 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Dunkin’ Brands’ earnings, with estimates ranging from $0.44 to $0.56. Dunkin’ Brands posted earnings of $0.54 per share in the same quarter last year, which would suggest a negative year over year growth rate of 3.7%. The firm is scheduled to announce its next earnings results before the market opens on Thursday, April 26th.
According to Zacks, analysts expect that Dunkin’ Brands will report full year earnings of $2.66 per share for the current year, with EPS estimates ranging from $2.44 to $2.80. For the next fiscal year, analysts anticipate that the business will post earnings of $3.00 per share, with EPS estimates ranging from $2.90 to $3.15. Zacks’ EPS averages are a mean average based on a survey of research firms that that provide coverage for Dunkin’ Brands.
Dunkin’ Brands (NASDAQ:DNKN) last announced its earnings results on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The business had revenue of $227.10 million during the quarter, compared to analyst estimates of $220.54 million. Dunkin’ Brands had a negative return on equity of 190.44% and a net margin of 40.77%. Dunkin’ Brands’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $0.64 EPS.
Shares of NASDAQ:DNKN opened at $60.24 on Friday. The firm has a market cap of $4,989.87, a P/E ratio of 24.83, a P/E/G ratio of 1.70 and a beta of 0.30. The company has a debt-to-equity ratio of 361.71, a current ratio of 2.79 and a quick ratio of 2.79. Dunkin’ Brands has a 12-month low of $50.89 and a 12-month high of $68.45.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 12th were given a $0.3475 dividend. The ex-dividend date of this dividend was Friday, March 9th. This is a positive change from Dunkin’ Brands’s previous quarterly dividend of $0.32. This represents a $1.39 annualized dividend and a dividend yield of 2.31%. Dunkin’ Brands’s dividend payout ratio (DPR) is 57.20%.
In other news, SVP Karen Raskopf sold 42,486 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $62.44, for a total value of $2,652,825.84. Following the completion of the sale, the senior vice president now directly owns 2,500 shares in the company, valued at approximately $156,100. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Richard J. Emmett sold 4,500 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $62.84, for a total value of $282,780.00. Following the completion of the sale, the insider now owns 16,542 shares of the company’s stock, valued at $1,039,499.28. The disclosure for this sale can be found here. Over the last three months, insiders sold 455,581 shares of company stock valued at $28,320,199. Corporate insiders own 3.00% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of DNKN. Cerebellum GP LLC acquired a new stake in shares of Dunkin’ Brands in the 4th quarter valued at about $117,000. Aevitas Wealth Management Inc. acquired a new stake in shares of Dunkin’ Brands in the 4th quarter valued at about $130,000. Capital Analysts LLC acquired a new stake in shares of Dunkin’ Brands in the 4th quarter valued at about $134,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Dunkin’ Brands in the 4th quarter valued at about $135,000. Finally, Aviance Capital Management LLC acquired a new stake in shares of Dunkin’ Brands in the 4th quarter valued at about $169,000. Institutional investors own 97.14% of the company’s stock.
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About Dunkin’ Brands
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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