Analysts predict that Domino’s Pizza, Inc. (NYSE:DPZ) will post earnings per share (EPS) of $2.66 for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Domino’s Pizza’s earnings, with estimates ranging from $2.56 to $2.74. Domino’s Pizza reported earnings of $1.94 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 37.1%. The business is expected to report its next quarterly earnings report on Tuesday, February 19th.
On average, analysts expect that Domino’s Pizza will report full year earnings of $8.45 per share for the current fiscal year, with EPS estimates ranging from $8.35 to $8.53. For the next fiscal year, analysts anticipate that the business will report earnings of $9.39 per share, with EPS estimates ranging from $9.00 to $9.67. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Domino’s Pizza.
Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, October 16th. The restaurant operator reported $1.95 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.20. The company had revenue of $786.00 million for the quarter, compared to analyst estimates of $789.10 million. Domino’s Pizza had a net margin of 10.60% and a negative return on equity of 11.92%. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period last year, the business posted $1.27 earnings per share.
DPZ traded down $9.49 during mid-day trading on Tuesday, hitting $266.87. The stock had a trading volume of 25,890 shares, compared to its average volume of 524,538. Domino’s Pizza has a 1-year low of $177.24 and a 1-year high of $305.34. The firm has a market cap of $11.54 billion, a PE ratio of 50.13, a price-to-earnings-growth ratio of 1.91 and a beta of 0.41.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Thursday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.20%.
In related news, CEO Richard E. Allison, Jr. sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 29th. The shares were sold at an average price of $279.31, for a total value of $1,396,550.00. Following the completion of the transaction, the chief executive officer now owns 44,864 shares of the company’s stock, valued at $12,530,963.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.97% of the stock is currently owned by company insiders.
A number of institutional investors have recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC grew its position in Domino’s Pizza by 10.1% in the third quarter. Great Lakes Advisors LLC now owns 929 shares of the restaurant operator’s stock valued at $274,000 after purchasing an additional 85 shares in the last quarter. Cookson Peirce & Co. Inc. grew its position in Domino’s Pizza by 0.6% in the third quarter. Cookson Peirce & Co. Inc. now owns 29,485 shares of the restaurant operator’s stock valued at $8,692,000 after purchasing an additional 185 shares in the last quarter. Eagle Asset Management Inc. grew its position in Domino’s Pizza by 13.3% in the second quarter. Eagle Asset Management Inc. now owns 1,632 shares of the restaurant operator’s stock valued at $460,000 after purchasing an additional 191 shares in the last quarter. V Wealth Management LLC grew its position in Domino’s Pizza by 13.5% in the third quarter. V Wealth Management LLC now owns 1,644 shares of the restaurant operator’s stock valued at $485,000 after purchasing an additional 195 shares in the last quarter. Finally, AMP Capital Investors Ltd grew its position in Domino’s Pizza by 1.3% in the third quarter. AMP Capital Investors Ltd now owns 14,957 shares of the restaurant operator’s stock valued at $4,390,000 after purchasing an additional 196 shares in the last quarter. 90.51% of the stock is owned by institutional investors and hedge funds.
About Domino’s Pizza
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.
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