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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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Neutral 58 (OpenAI - 4o)
Rating:58Neutral
Price Target:
$33.00
▲(5.60% Upside)
Dine Brands Global's overall stock score reflects significant financial challenges, particularly high leverage and negative equity. While technical indicators show bullish momentum, the company's valuation is reasonable with an attractive dividend yield. The earnings call suggests cautious optimism, with positive sales growth at Applebee's but ongoing challenges at IHOP.
Positive Factors
Dual Brand Strategy
The dual-brand strategy significantly boosts sales and franchisee profitability, indicating a strong growth driver that enhances market position and operational efficiency.
Off-Premise Sales Growth
Growth in off-premise sales reflects adaptability to changing consumer preferences, enhancing revenue streams and supporting long-term business resilience.
Franchisee Alignment
Strong franchisee alignment ensures consistent execution of corporate strategy, fostering stability and potential for sustainable growth across markets.
Negative Factors
High Leverage
High leverage poses financial risk, potentially limiting flexibility and increasing vulnerability to economic downturns, impacting long-term stability.
Negative Equity
Negative equity indicates financial distress, challenging the company's ability to invest in growth and maintain investor confidence over time.
Decreased EBITDA
A decline in EBITDA suggests weakening profitability, which could hinder reinvestment capabilities and affect long-term financial health.

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 Global generates revenue primarily through franchise fees and royalties from its franchisees, who operate Applebee's and IHOP locations across the globe. The company charges a percentage of sales from franchisees, which contributes significantly to its income. Additionally, Dine Brands earns revenue from company-operated restaurants, as well as from the sale of food and beverage products to its franchisees. The company may also engage in strategic partnerships, marketing initiatives, and promotional campaigns that enhance brand visibility and drive customer traffic to its restaurants, further contributing to its financial performance.

Dine Brands Global Earnings Call Summary

Earnings Call Date:Nov 05, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 04, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted positive developments such as Applebee's sales growth, successful dual-brand strategy, and increased off-premise sales. However, challenges remain with IHOP's negative comparable sales, increased commodity costs, and decreased adjusted EBITDA. The sentiment leans towards a cautious optimism with significant progress in strategic initiatives.
Q3-2025 Updates
Positive Updates
Applebee's Positive Sales Growth
Applebee's reported a 3.1% increase in comparable sales, marking the second consecutive quarter of positive sales and traffic growth.
Successful Launch of New Menu Items
The introduction of new menu items, such as the Chicken Parmesan Fettuccine and Ultimate Trio appetizer, significantly contributed to transaction and sales growth at Applebee's.
IHOP Positive Traffic Trends
IHOP achieved positive traffic comps for the first time in many years, outperforming industry benchmarks every month in 2025.
Dual Brand Strategy Success
Dual-branded restaurants have shown sales performance 1.5x to 2.5x higher post-conversion, with franchisee profitability significantly increasing.
Increase in Off-Premise Sales
Applebee's off-premise sales saw a 9% increase in Q3, driven by pairing limited-time offers with digital promotions.
Strong Franchisee Alignment
Franchisees are aligned with company strategy, with resilient franchisee health and positive engagement in international markets.
Negative Updates
IHOP Negative Comparable Sales
IHOP reported a 1.5% decrease in comparable sales despite positive traffic trends.
Decrease in Adjusted EBITDA and Free Cash Flow
Adjusted EBITDA decreased to $49 million from $61.9 million year-over-year, and adjusted free cash flow decreased to $68.2 million from $77.8 million.
Increase in Commodity Costs
IHOP faced a 5.7% increase in commodity costs, with continued challenges due to elevated egg, pork, and coffee prices.
Company-Owned Store Losses
Company-owned stores faced a significant loss, impacted by temporary closures for remodels and dual brand conversions.
G&A Expenses Increase
General and administrative expenses increased to $50.2 million from $45.4 million, driven by compensation-related and travel expenses.
Company Guidance
During the third quarter of 2025, Dine Brands provided guidance reflecting a consistent momentum in sales and traffic from the previous quarter, driven by menu innovation and targeted marketing campaigns. Applebee's reported a 3.1% increase in comparable sales, while IHOP experienced a decline of 1.5%. The adjusted EBITDA was $49 million, down from $61.9 million in the same quarter of the previous year, and the year-to-date adjusted free cash flow was $68.2 million, compared to $77.8 million last year. The dual-brand strategy, particularly the combination of IHOP and Applebee's, is highlighted as a key growth driver, with expectations of approximately 30 dual-branded restaurants being opened or under construction by year-end. The company also completed its annual franchisee conferences, noting strong alignment and commitment from franchisees. The guidance maintained its full-year financial outlook, anticipating EBITDA to be on the lower end due to investments in company restaurants.

Dine Brands Global Financial Statement Overview

Summary
Dine Brands Global faces significant financial challenges, with high leverage and negative equity raising concerns about financial stability. While there are some positive cash flow trends, the company's profitability and operational efficiency need improvement. The volatile revenue growth and inconsistent margins highlight the need for strategic adjustments to enhance financial performance.
Income Statement
45
Neutral
Dine Brands Global shows a volatile revenue growth pattern with a significant spike in TTM data, but historical annual data indicates fluctuations and negative growth in some years. The gross profit margin is relatively stable, but net profit margins have been inconsistent, reflecting challenges in maintaining profitability. The EBIT and EBITDA margins are low, indicating operational inefficiencies.
Balance Sheet
30
Negative
The company has a high debt-to-equity ratio, indicating significant leverage and financial risk. Negative stockholders' equity suggests potential solvency issues. Return on equity is negative, highlighting challenges in generating returns for shareholders. The equity ratio is also negative, further emphasizing financial instability.
Cash Flow
55
Neutral
Cash flow metrics show some positive trends, with a strong free cash flow growth rate in TTM data. However, the operating cash flow to net income ratio is low, indicating potential issues in converting income into cash. The free cash flow to net income ratio is relatively healthy, suggesting some ability to generate cash from operations.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue866.50M812.31M831.07M909.40M896.17M689.27M
Gross Profit349.97M375.31M396.68M377.36M375.23M248.72M
EBITDA165.25M200.84M217.38M213.69M225.10M1.16M
Net Income34.51M64.89M97.18M81.11M97.86M-103.99M
Balance Sheet
Total Assets1.77B1.79B1.74B1.88B2.00B2.07B
Cash, Cash Equivalents and Short-Term Investments229.11M186.65M146.03M269.65M361.41M383.37M
Total Debt1.63B1.63B1.59B1.74B1.77B2.03B
Total Liabilities2.01B2.01B1.99B2.18B2.24B2.43B
Stockholders Equity-231.92M-216.02M-250.97M-301.08M-242.81M-354.65M
Cash Flow
Free Cash Flow87.19M94.09M93.97M54.02M178.99M85.58M
Operating Cash Flow113.77M108.16M131.14M89.34M195.84M96.50M
Investing Cash Flow-23.62M-8.45M-30.10M-80.90M3.86M18.73M
Financing Cash Flow-74.15M-51.70M-225.44M-108.80M-230.40M168.35M

Dine Brands Global Technical Analysis

Technical Analysis Sentiment
Positive
Last Price31.25
Price Trends
50DMA
26.45
Positive
100DMA
24.48
Positive
200DMA
23.73
Positive
Market Momentum
MACD
1.14
Negative
RSI
73.01
Negative
STOCH
91.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DIN, the sentiment is Positive. The current price of 31.25 is above the 20-day moving average (MA) of 26.63, above the 50-day MA of 26.45, and above the 200-day MA of 23.73, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 73.01 is Negative, neither overbought nor oversold. The STOCH value of 91.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
74
Outperform
$326.81M12.379.63%2.09%12.10%
67
Neutral
$392.70M14.405.82%2.40%-14.90%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
58
Neutral
$375.13M16.512.10%7.81%4.58%
58
Neutral
$451.32M14.008.01%6.47%-62.84%
55
Neutral
$317.75M31.510.93%-41.47%
52
Neutral
$372.46M8.93%-6.75%-118.94%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DIN
Dine Brands Global
31.25
-1.50
-4.58%
DENN
Denny's
6.17
-0.35
-5.37%
JACK
Jack In The Box
19.71
-28.50
-59.12%
NATH
Nathan's Famous
92.26
8.55
10.21%
LOCO
El Pollo LoCo
10.91
-1.74
-13.75%
PTLO
Portillo's
5.22
-5.87
-52.93%

Dine Brands Global Corporate Events

Dine Brands Global Reports Q3 2025 Financial Results
Nov 6, 2025

Dine Brands Global, Inc., headquartered in Pasadena, California, operates and franchises full-service restaurants under the Applebee’s Neighborhood Grill + Bar, IHOP, and Fuzzy’s Taco Shop brands, making it one of the largest companies in the sector with a presence in 20 international markets.

Stock BuybackDividendsFinancial Disclosures
Dine Brands Global Announces Q4 Dividend Amid Mixed Results
Neutral
Nov 5, 2025

On November 5, 2025, Dine Brands Global announced a fourth quarter cash dividend and reported its third quarter 2025 financial results. The company experienced positive sales trends at Applebee’s, but a slight decline at IHOP, with total revenues increasing due to acquisitions. However, net income and adjusted EBITDA decreased compared to the previous year, primarily due to higher general and administrative expenses and lower segment profit. The company plans to repurchase shares, demonstrating confidence in its strategic plan and business value.

The most recent analyst rating on (DIN) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Dine Brands Global stock, see the DIN Stock Forecast page.

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: Nov 27, 2025