Dunkin’ Brands Group, Inc. (DNKN) Expected to Post Q1 2017 Earnings of $0.47 Per Share

Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) – Investment analysts at William Blair reduced their Q1 2017 EPS estimates for Dunkin’ Brands Group in a research report issued to clients and investors on Thursday. William Blair analyst S. Zackfia now anticipates that the brokerage will post earnings per share of $0.47 for the quarter, down from their prior forecast of $0.49. William Blair also issued estimates for Dunkin’ Brands Group’s Q3 2017 earnings at $0.66 EPS, Q4 2017 earnings at $0.60 EPS, FY2017 earnings at $2.37 EPS and FY2018 earnings at $2.62 EPS.

Several other research firms have also issued reports on DNKN. Zacks Investment Research lowered shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research report on Tuesday, December 20th. Wedbush increased their price target on shares of Dunkin’ Brands Group from $49.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday. Jefferies Group LLC reissued an “underperform” rating and issued a $48.00 price target on shares of Dunkin’ Brands Group in a research report on Friday. Barclays PLC dropped their price target on shares of Dunkin’ Brands Group to $61.00 in a research report on Friday. Finally, Cowen and Company reissued a “market perform” rating and issued a $55.00 price target on shares of Dunkin’ Brands Group in a research report on Tuesday, December 13th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. Dunkin’ Brands Group has an average rating of “Hold” and an average target price of $51.75.

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

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Shares of Dunkin’ Brands Group (NASDAQ:DNKN) opened at 54.77 on Monday. The firm has a market cap of $5.04 billion, a PE ratio of 25.96 and a beta of 0.20. The stock’s 50 day moving average price is $52.03 and its 200 day moving average price is $50.47. Dunkin’ Brands Group has a 12-month low of $41.15 and a 12-month high of $56.30.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, February 9th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. Dunkin’ Brands Group had a negative return on equity of 108.58% and a net margin of 23.59%. The business had revenue of $215.70 million for the quarter, compared to analysts’ expectations of $215.66 million. During the same quarter last year, the firm earned $0.52 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis.

A number of institutional investors have recently made changes to their positions in DNKN. WASHINGTON TRUST Co raised its stake in Dunkin’ Brands Group by 6.0% in the second quarter. WASHINGTON TRUST Co now owns 85,510 shares of the company’s stock valued at $3,730,000 after buying an additional 4,840 shares during the period. TimesSquare Capital Management LLC raised its stake in Dunkin’ Brands Group by 4.3% in the second quarter. TimesSquare Capital Management LLC now owns 940,400 shares of the company’s stock valued at $41,020,000 after buying an additional 39,200 shares during the period. BlackRock Advisors LLC raised its stake in Dunkin’ Brands Group by 2.5% in the second quarter. BlackRock Advisors LLC now owns 68,763 shares of the company’s stock valued at $2,999,000 after buying an additional 1,666 shares during the period. Prudential Financial Inc. raised its stake in Dunkin’ Brands Group by 1.2% in the second quarter. Prudential Financial Inc. now owns 51,747 shares of the company’s stock valued at $2,257,000 after buying an additional 600 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Dunkin’ Brands Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 461,961 shares of the company’s stock valued at $20,153,000 after buying an additional 3,305 shares during the period. 97.53% of the stock is currently owned by hedge funds and other institutional investors.

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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 22nd. Shareholders of record on Monday, March 13th will be paid a $0.3225 dividend. The ex-dividend date of this dividend is Thursday, March 9th. This is a boost from Dunkin’ Brands Group’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a yield of 2.36%. Dunkin’ Brands Group’s dividend payout ratio (DPR) is presently 56.60%.

Dunkin’ Brands Group Company Profile

Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates its business through four segments, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

5 Day Chart for NASDAQ:DNKN

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