Streetbeat News

DENN

Denny's Corporation

https://www.dennys.com

Industry

Restaurants

Denny's Corporation, through its subsidiary, Denny's, Inc., owns and operates full-service restaurant chains under the Denny's brand. As of December 29, 2021, it had 1,640 franchised, licensed, and company restaurants worldwide. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in 2002. Denny's Corporation was founded in 1953 and is based in Spartanburg, South Carolina.

Open

6.40

Mkt cap

321M

Volume

445K

High

6.48

P/E Ratio

18.94

52-wk high

11.16

Low

6.24

Div yield

N/A

52-wk low

5.37

Denny's reported Q3 earnings of $0.14 per share, missing the $0.15 estimate, and sales of $111.76M, missing the $115.46M estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:15 am

Denny's is set to release its quarterly earnings report on October 22, 2024, with analysts estimating an EPS of $0.15. The market is hopeful for results that surpass estimates and provide positive guidance. In the previous quarter, Denny's missed its EPS estimate, resulting in a share price drop. Currently, Denny's shares are down 24.44% over the past year.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm

Citigroup analyst Jon Tower maintains a Neutral rating on Denny's and lowers the price target from $8 to $7.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 7:01 pm

Denny's Inc. (NASDAQ:DENN) has announced key leadership changes with Minh Le as CTO and Christopher Bode as President and COO. These appointments aim to drive technological innovation and operational growth, enhancing guest experiences and operational efficiencies.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:40 pm

Consumer discretionary stocks are rising due to strong consumer sentiment data, robust earnings from RH, and potential interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:48 pm

Shares of hotel, restaurant, and leisure companies are trading lower amid overall market weakness on US economic concerns.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:03 pm

Benchmark analyst Todd Brooks has reiterated a Buy rating on Denny's (NASDAQ:DENN) and maintained a $15 price target.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:29 pm

Denny's shares are trading lower after the company reported worse-than-expected Q2 financial results. Additionally, Wedbush and Oppenheimer lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 3:41 pm

Oppenheimer analyst Michael Tames maintains an Outperform rating on Denny's (NASDAQ:DENN) but lowers the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:47 pm

Wedbush analyst Nick Setyan maintains a Neutral rating on Denny's (NASDAQ:DENN) and lowers the price target from $8.5 to $8.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:00 am

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