News coverage about Dunkin’ Brands (NASDAQ:DNKN) has trended positive on Thursday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dunkin’ Brands earned a coverage optimism score of 0.40 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 46.3087661556496 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Dunkin’ Brands Sees Unusually High Options Volume (DNKN) (americanbankingnews.com)
- Hot Stock’s Trend Recap – Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) – The Investor Guide (wallstreetnews24.com)
- 1 Low-Rewarding Stock to Observe: Dunkin’ Brands Group, Inc. (DNKN) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Notable Active Stock’s Momentum: Dunkin’ Brands Group, Inc., (NASDAQ: DNKN), The Charles Schwab Corporation … – Global Export Lines (press release) (globalexportlines.com)
- The Market Is Missing This Big Starbucks Tailwind — The Motley Fool – Motley Fool (fool.com)
Several brokerages have recently issued reports on DNKN. Bank of America cut their price target on Dunkin’ Brands from $68.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 7th. Maxim Group upped their price objective on Dunkin’ Brands from $64.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, January 2nd. BidaskClub upgraded Dunkin’ Brands from a “hold” rating to a “buy” rating in a report on Thursday, December 21st. Wells Fargo dropped their price objective on Dunkin’ Brands from $56.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, February 9th. Finally, Zacks Investment Research downgraded Dunkin’ Brands from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $63.20.
Dunkin’ Brands (NASDAQ:DNKN) last released 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. Dunkin’ Brands had a negative return on equity of 190.44% and a net margin of 40.77%. The company had revenue of $227.10 million during the quarter, compared to analysts’ expectations of $220.54 million. During the same period last year, the firm posted $0.64 earnings per share. The business’s revenue was up 5.3% on a year-over-year basis. sell-side analysts forecast that Dunkin’ Brands will post 2.66 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 12th were given a $0.3475 dividend. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.31%. This is a boost from Dunkin’ Brands’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Friday, March 9th. Dunkin’ Brands’s dividend payout ratio (DPR) is presently 36.48%.
In other news, CEO Nigel Travis sold 205,665 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $62.02, for a total transaction of $12,755,343.30. Following the transaction, the chief executive officer now owns 419,333 shares in the company, valued at $26,007,032.66. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider William M. Mitchell sold 46,180 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $61.30, for a total value of $2,830,834.00. Following the transaction, the insider now owns 33,000 shares in the company, valued at approximately $2,022,900. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 455,581 shares of company stock valued at $28,320,199. Insiders own 3.10% of the company’s stock.
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About Dunkin’ Brands
Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.
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