Headlines about Dunkin Brands Group (NASDAQ:DNKN) have trended positive on Wednesday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dunkin Brands Group earned a daily sentiment score of 0.40 on Accern’s scale. Accern also gave media coverage about the restaurant operator an impact score of 46.3087661556496 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
- Dunkin’ Brands Group, Inc. (DNKN) – Investors Roundup – Wall Street Morning (wallstreetmorning.com)
- Dunkin’ Tries Something New for St. Patrick’s Day (finance.yahoo.com)
- Dunkin’ Donuts Celebrates St. Patrick’s Day with a Lucky Dozen Sweepstakes – Franchising.com (franchising.com)
- Short Interest in Dunkin Brands Group Inc (DNKN) Increases By 160.4% (americanbankingnews.com)
A number of equities analysts have weighed in on the stock. Piper Jaffray Companies reaffirmed a “neutral” rating and issued a $62.00 target price (up from $59.00) on shares of Dunkin Brands Group in a research note on Thursday, February 22nd. Stephens boosted their price target on shares of Dunkin Brands Group from $54.00 to $66.00 and gave the stock a “weight” rating in a research note on Monday, February 5th. Zacks Investment Research downgraded shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Wedbush reissued a “hold” rating and set a $60.00 price target on shares of Dunkin Brands Group in a research note on Thursday, February 8th. Finally, Nomura boosted their price target on shares of Dunkin Brands Group from $52.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $63.20.
Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.01. The firm had revenue of $227.10 million during the quarter, compared to analysts’ expectations of $220.54 million. Dunkin Brands Group had a net margin of 40.77% and a negative return on equity of 190.44%. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.64 earnings per share. analysts forecast that Dunkin Brands Group will post 2.7 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Monday, March 12th will be issued a dividend of $0.3475 per share. The ex-dividend date is Friday, March 9th. This represents a $1.39 dividend on an annualized basis and a yield of 2.34%. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.32. Dunkin Brands Group’s payout ratio is currently 61.78%.
In other news, CEO Nigel Travis sold 57,296 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $63.24, for a total value of $3,623,399.04. Following the completion of the transaction, the chief executive officer now owns 327,957 shares in the company, valued at $20,740,000.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John L. Clare sold 13,388 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $62.02, for a total transaction of $830,323.76. Following the completion of the transaction, the insider now owns 29,772 shares of the company’s stock, valued at approximately $1,846,459.44. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 455,581 shares of company stock valued at $28,320,199. Corporate insiders own 3.10% of the company’s stock.
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About Dunkin Brands Group
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 through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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