Brokerages Anticipate Dunkin Brands Group Inc (NASDAQ:DNKN) Will Post Earnings of $0.70 Per Share

Wall Street analysts expect Dunkin Brands Group Inc (NASDAQ:DNKN) to announce earnings per share of $0.70 for the current quarter, Zacks Investment Research reports. Nine analysts have made estimates for Dunkin Brands Group’s earnings. The highest EPS estimate is $0.73 and the lowest is $0.68. Dunkin Brands Group posted earnings per share of $0.68 during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.9%. The business is scheduled to report its next quarterly earnings report on Thursday, February 6th.

On average, analysts expect that Dunkin Brands Group will report full-year earnings of $3.13 per share for the current year, with EPS estimates ranging from $3.11 to $3.16. For the next financial year, analysts anticipate that the company will report earnings of $3.30 per share, with EPS estimates ranging from $3.18 to $3.49. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Dunkin Brands Group.

Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.09. The business had revenue of $355.90 million during the quarter, compared to analysts’ expectations of $357.91 million. Dunkin Brands Group had a net margin of 17.54% and a negative return on equity of 38.96%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the company posted $0.83 earnings per share.

Several research analysts have issued reports on the company. Royal Bank of Canada assumed coverage on Dunkin Brands Group in a report on Monday. They issued a “sector perform” rating and a $79.00 price target on the stock. BTIG Research reiterated a “hold” rating on shares of Dunkin Brands Group in a report on Friday, November 1st. Longbow Research restated a “hold” rating on shares of Dunkin Brands Group in a report on Tuesday, September 24th. Stephens lifted their price objective on shares of Dunkin Brands Group from $75.00 to $82.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Finally, Wedbush reissued a “positive” rating on shares of Dunkin Brands Group in a research report on Friday, November 1st. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $79.88.

In related news, CFO Katherine D. Jaspon sold 15,198 shares of Dunkin Brands Group stock in a transaction on Friday, November 15th. The stock was sold at an average price of $75.99, for a total transaction of $1,154,896.02. Company insiders own 1.70% of the company’s stock.

A number of hedge funds have recently bought and sold shares of DNKN. Selective Wealth Management Inc. purchased a new stake in Dunkin Brands Group in the 3rd quarter worth about $26,000. Private Capital Group LLC boosted its holdings in Dunkin Brands Group by 29.7% in the 2nd quarter. Private Capital Group LLC now owns 529 shares of the restaurant operator’s stock valued at $37,000 after purchasing an additional 121 shares during the period. Oakworth Capital Inc. purchased a new position in shares of Dunkin Brands Group during the 2nd quarter valued at $42,000. Kings Point Capital Management grew its position in shares of Dunkin Brands Group by 253.3% during the 2nd quarter. Kings Point Capital Management now owns 530 shares of the restaurant operator’s stock valued at $42,000 after purchasing an additional 380 shares in the last quarter. Finally, Cutler Group LP grew its position in shares of Dunkin Brands Group by 136.8% during the 3rd quarter. Cutler Group LP now owns 554 shares of the restaurant operator’s stock valued at $43,000 after purchasing an additional 320 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dunkin Brands Group stock opened at $76.22 on Friday. Dunkin Brands Group has a one year low of $61.69 and a one year high of $84.74. The firm has a market capitalization of $6.34 billion, a price-to-earnings ratio of 26.28, a PEG ratio of 2.25 and a beta of 0.42. The business has a 50-day simple moving average of $75.58 and a 200 day simple moving average of $78.71.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Monday, December 2nd will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Friday, November 29th. Dunkin Brands Group’s payout ratio is 51.72%.

About Dunkin Brands Group

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.

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Earnings History and Estimates for Dunkin Brands Group (NASDAQ:DNKN)

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