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Dine Brands Global Inc (DIN)
NYSE:DIN
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Dine Brands Global (DIN) AI Stock Analysis

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DIN

Dine Brands Global

(NYSE:DIN)

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Outperform 70 (OpenAI - 4o)
Rating:70Outperform
Price Target:
$31.00
▲(15.33% Upside)
Dine Brands Global's stock score is driven by strong technical indicators and attractive valuation, despite financial performance challenges. The company's strategic initiatives and revenue growth are positive, but high leverage and declining profitability present risks.
Positive Factors
Revenue Growth
Strong revenue growth indicates successful business strategies and market demand, supporting long-term financial health and expansion potential.
Off-Premise Sales
Increased off-premise sales reflect adaptability to consumer trends, enhancing revenue streams and reducing reliance on in-dining traffic.
International Expansion
International expansion into non-traditional venues diversifies market presence and opens new revenue channels, bolstering global brand strength.
Negative Factors
High Leverage
High leverage can strain financial flexibility, increasing risk during economic downturns and limiting capacity for future investments.
IHOP Sales Decline
Declining IHOP sales suggest challenges in maintaining brand competitiveness, potentially impacting overall profitability and market share.
Decreasing Profitability
Decreasing EBITDA highlights pressure on profitability, which could affect long-term financial performance and shareholder returns.

Dine Brands Global (DIN) vs. SPDR S&P 500 ETF (SPY)

Dine Brands Global Business Overview & Revenue Model

Company DescriptionDine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates through five segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and IHOP in the family dining category of the restaurant industry. Its Applebee's restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2021, the company had 1,611 Applebee's franchised restaurants, and 1,751 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 598 IHOP franchised restaurants and two Applebee's franchised restaurants; and the financing of franchise fees and equipment leases. the company was formerly known as DineEquity, Inc. and changed its name to Dine Brands Global, Inc. in February 2018. Dine Brands Global, Inc. was founded in 1958 and is headquartered in Glendale, California.
How the Company Makes MoneyDine Brands generates revenue primarily through its franchise and company-operated restaurant segments. The company earns money from franchise fees, which include initial fees, ongoing royalties based on a percentage of sales, and contributions to marketing funds. Additionally, revenue is generated through company-operated restaurants, where it retains all sales revenue. The brand's strength and recognition contribute significantly to its earnings, bolstered by strategic partnerships with suppliers and marketing companies that enhance operational efficiencies and customer outreach. Moreover, Dine Brands has been adapting its business model to include more off-premise sales, such as delivery and takeout, which have become increasingly important in the current dining landscape.

Dine Brands Global Earnings Call Summary

Earnings Call Date:Aug 06, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 05, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mix of positive and negative aspects. Applebee's showed significant growth in sales and traffic, bolstered by successful marketing strategies and new menu innovations. Social media engagement and off-premise sales also saw substantial improvements. However, IHOP faced challenges with declining comp sales and increased commodity costs. Financially, the company experienced a decrease in adjusted EBITDA and EPS, alongside rising G&A expenses.
Q2-2025 Updates
Positive Updates
Applebee's Sales and Traffic Growth
Applebee's reported a 4.9% increase in comp sales, achieving positive comp sales for the first time in 2 years and outperforming Black Box in both sales and traffic.
Social Media Engagement Increase
Significant expansion in social media capabilities led to a 500% increase in TikTok video views, a 760% increase in user reach, and a nearly 1,000% increase in likes.
Off-Premise Sales Growth
Off-premise sales saw a positive 7.6% lift in Q2, contributing to overall sales improvement.
Dual Brand Restaurants Success
The second domestic dual-brand restaurant opened in Uvalde, Texas, performing at 2x to 3x higher sales than the pre-dual brand restaurant.
International Expansion
Opened the first dual-brand non-traditional travel center in Mexico and the first non-traditional IHOP at an airport in Mexico City.
Record Revenue Growth
Consolidated total revenues increased 11.9% to $230.8 million in Q2 versus $206.3 million in the prior year.
Negative Updates
IHOP Comp Sales Decline
IHOP posted comp sales of negative 2.3%, although it was a sequential improvement from Q1.
Adjusted EBITDA Decrease
Adjusted EBITDA decreased to $56 million from $67 million in the same quarter last year.
Increase in G&A Expenses
G&A expenses increased to $50.8 million in Q2 of 2025 from $46.9 million in the same period last year due to increased compensation-related expenses and professional services fees.
Adjusted Diluted EPS Decline
Adjusted diluted EPS for the second quarter of 2025 was $1.17 compared to $1.71 for the second quarter of 2024.
Company Guidance
During the Dine Brands Second Quarter 2025 Earnings Conference Call, John Peyton, CEO, highlighted several key financial metrics and strategic initiatives. Applebee's reported a 4.9% increase in comparable sales, marking the first positive traffic since Q1 2023, while IHOP experienced a 2.3% decline in comparable sales. Adjusted EBITDA for the quarter was $56 million, down from $67 million the previous year, with adjusted free cash flow at $49 million compared to $53 million in 2024. The company is focusing on menu innovation, marketing enhancements, and guest experience improvements, alongside a strategic push in off-premise sales, which saw a 7.6% increase in Q2. Dine Brands also completed a refinancing initiative, issuing $600 million in senior secured notes with a 6.72% interest rate. The company's guidance for the full year was updated, with Applebee's expected to achieve domestic system-wide comparable sales growth between 1% and 3%, and IHOP's revised to a range of -1% to 1%.

Dine Brands Global Financial Statement Overview

Summary
Dine Brands Global shows strong revenue growth and cash flow generation. However, the high debt-to-equity ratio and negative stockholders' equity indicate significant financial risk. Improving profitability and reducing leverage are crucial for long-term stability.
Income Statement
65
Positive
Dine Brands Global shows strong revenue growth in the TTM, with a remarkable increase compared to previous periods. The company maintains healthy gross and EBIT margins, indicating efficient cost management and operational performance. However, the net profit margin is relatively low, suggesting room for improvement in profitability.
Balance Sheet
40
Negative
The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage and potential financial risk. The negative stockholders' equity is concerning, reflecting accumulated losses or high debt levels. Return on equity is negative, highlighting challenges in generating returns for shareholders.
Cash Flow
70
Positive
Cash flow analysis shows robust free cash flow growth in the TTM, suggesting strong cash generation capabilities. The operating cash flow to net income ratio is healthy, indicating good cash conversion. However, the high leverage could pose risks to sustaining cash flow levels in the future.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue845.37M812.31M831.07M909.40M896.17M689.27M
Gross Profit361.15M375.31M396.68M377.36M375.23M248.72M
EBITDA178.32M200.84M217.38M213.69M225.10M1.16M
Net Income46.25M64.89M97.18M81.11M97.86M-103.99M
Balance Sheet
Total Assets1.79B1.79B1.74B1.88B2.00B2.07B
Cash, Cash Equivalents and Short-Term Investments194.20M186.65M146.03M269.65M361.41M383.37M
Total Debt1.64B1.63B1.59B1.74B1.77B2.03B
Total Liabilities2.00B2.01B1.99B2.18B2.24B2.43B
Stockholders Equity-212.54M-216.02M-250.97M-301.08M-242.81M-354.65M
Cash Flow
Free Cash Flow92.53M94.09M93.97M54.02M178.99M85.58M
Operating Cash Flow109.09M108.16M131.14M89.34M195.84M96.50M
Investing Cash Flow-12.56M-8.45M-30.10M-80.90M3.86M18.73M
Financing Cash Flow-51.71M-51.70M-225.44M-108.80M-230.40M168.35M

Dine Brands Global Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price26.88
Price Trends
50DMA
24.71
Positive
100DMA
24.23
Positive
200DMA
23.81
Positive
Market Momentum
MACD
0.86
Positive
RSI
52.15
Neutral
STOCH
43.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DIN, the sentiment is Neutral. The current price of 26.88 is below the 20-day moving average (MA) of 27.27, above the 50-day MA of 24.71, and above the 200-day MA of 23.81, indicating a neutral trend. The MACD of 0.86 indicates Positive momentum. The RSI at 52.15 is Neutral, neither overbought nor oversold. The STOCH value of 43.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DIN.

Dine Brands Global Risk Analysis

Dine Brands Global disclosed 43 risk factors in its most recent earnings report. Dine Brands Global reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Dine Brands Global Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$426.47M9.267.59%2.92%-49.77%
$429.48M12.397.36%3.62%17.67%
$283.76M11.599.46%1.85%-0.99%
$442.08M18.741.88%6.38%9.98%
$18.38B12.79-2.54%3.03%1.52%-15.83%
$256.46M15.980.06%-12.14%
$334.79M-5.0310.17%-6.66%-71.87%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DIN
Dine Brands Global
26.88
-1.96
-6.80%
DENN
Denny's
4.93
-1.77
-26.42%
JACK
Jack In The Box
17.30
-32.07
-64.96%
NATH
Nathan's Famous
106.40
23.92
29.00%
LOCO
El Pollo LoCo
9.76
-2.79
-22.23%
PTLO
Portillo's
5.66
-7.66
-57.51%

Dine Brands Global Corporate Events

Executive/Board Changes
Dine Brands Global Appoints New Chief Accounting Officer
Neutral
Sep 17, 2025

Dine Brands Global, Inc. announced that Allison Hall, Senior Vice President and Chief Accounting Officer, will retire on January 2, 2026. She will step down from her current role on November 6, 2025, and serve as Chief Accounting Officer Emeritus until her retirement to aid in the transition. Joseph F. Camperlingo will join the company as Senior Vice President, Chief Accounting Officer Designee on September 29, 2025, and will assume Hall’s role on November 6, 2025. Camperlingo, previously with The Walt Disney Company, will receive a comprehensive compensation package, including a salary of $370,000, participation in incentive plans, and a special grant of restricted stock.

The most recent analyst rating on (DIN) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Dine Brands Global stock, see the DIN Stock Forecast page.

Dividends
Dine Brands Global Declares Q3 2025 Cash Dividend
Positive
Sep 4, 2025

On September 4, 2025, Dine Brands Global announced a third quarter 2025 cash dividend of $0.51 per share, payable on October 8, 2025, to stockholders of record as of September 19, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders and may positively influence investor confidence and market perception.

The most recent analyst rating on (DIN) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Dine Brands Global stock, see the DIN Stock Forecast page.

Dividends
Dine Brands Global Announces Q3 2025 Cash Dividend
Positive
Sep 4, 2025

On September 4, 2025, Dine Brands Global announced a third quarter 2025 cash dividend of $0.51 per share, payable on October 8, 2025, to stockholders of record as of September 19, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders and may impact its financial strategies and stakeholder relations.

The most recent analyst rating on (DIN) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Dine Brands Global stock, see the DIN Stock Forecast page.

Dine Brands Global Reports Mixed Q2 2025 Results
Aug 7, 2025

Dine Brands Global, Inc., headquartered in Pasadena, California, is a leading full-service restaurant company operating well-known brands such as Applebee’s Neighborhood Grill + Bar, IHOP, and Fuzzy’s Taco Shop across 19 international markets.

Dine Brands Earnings Call: Mixed Sentiment and Strategic Moves
Aug 7, 2025

The recent earnings call from Dine Brands presented a mixed outlook, reflecting both optimism and challenges. Applebee’s has shown significant improvements in sales and traffic, marking a positive shift, while IHOP’s performance and adjusted EBITDA figures were less encouraging. Strategic initiatives such as menu innovation and dual-brand expansion show promise, but financial metrics indicate some hurdles ahead.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 22, 2025