Denny's Corporation

NasdaqCM:DENN Stock Report

Market Cap: US$321.9m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Denny's Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Kelli Valade

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage17.85%
CEO tenure3.6yrs
CEO ownership0.7%
Management average tenure3.5yrs
Board average tenureno data

Recent management updates

Recent updates

Narrative Update Jan 21

DENN: Completed Takeout At US$6.25 Will Keep Shares Rangebound

Analysts have trimmed their price expectations for Denny's toward the agreed US$6.25 per share takeout level, citing the announced acquisition and updated views on revenue growth, margins and future P/E as key reasons for the shift. Analyst Commentary Recent research has largely framed Denny's around the agreed US$6.25 per share takeout price, with most commentary now centered on deal timing and closing conditions rather than long term earnings potential.
Narrative Update Jan 07

DENN: Takeout Offer Is Expected To Keep Shares Rangebound Into 2026

Analysts now anchor their Denny's price targets around the agreed US$6.25 per share takeout level, citing the announced acquisition by an investor group and limited expectations for a competing bid as the key drivers of this update. Analyst Commentary Recent research updates on Denny's have largely shifted toward a more neutral stance after the announced US$6.25 per share takeout.
Narrative Update Dec 23

DENN: Buyout Price Is Expected To Anchor Shares Near-Term

The analyst price target for Denny's has been raised slightly to $6.25 per share from $6.00, as analysts now anchor their outlook to the agreed acquisition price and the expectation that the transaction will close as planned without a competitive bidding process. Analyst Commentary Bullish analysts note that the agreed buyout price has effectively reset near term valuation expectations, with the modestly higher price target reflecting greater confidence that shareholders will ultimately realize the takeout premium embedded in the deal.
Narrative Update Dec 09

DENN: Take Private Deal Will Anchor Shares Near Agreed Cash Offer

We are raising our Denny's price target slightly to approximately $6.25 per share from about $6.12, as analysts now anchor valuation more closely to the announced takeout price and see limited upside beyond the agreed acquisition terms. Analyst Commentary Analysts largely view the announced acquisition as a valuation ceiling in the near term, prompting a recalibration of ratings and forward expectations for the stock.
Narrative Update Nov 25

DENN: Acquisition Agreement Will Define Upside As Shares Trade Toward $6.25 Closing

Analysts have slightly raised their price target for Denny's to $6.13 from $6.08 per share, noting the agreed acquisition price of $6.25 as a key anchor for valuation. Analyst Commentary Following the acquisition announcement, analysts have reassessed their outlook on Denny's, reflecting changes in both sentiment and expectations for the company's future valuation and execution.
Narrative Update Nov 07

DENN: Acquisition Will Cap Upside As Shareholders Await $6.25 Deal Closure

Analysts have raised their price target for Denny's from $5.55 to $6.08. They cite the impact of the announced $6.25 per share acquisition and expectations that the transaction will proceed without competing bids.
Narrative Update Aug 06

Digital Investments And Loyalty Programs Will Increase Guest Traffic

Denny’s consensus price target was revised downward from $6.55 to $5.95, primarily due to a higher discount rate and a lower future P/E multiple reflecting increased perceived risk and softer growth expectations. What's in the News Denny's launched new summer-themed merchandise and collectible mugs on DinerDrip.com, alongside promoting its "4 Slams for Under $10" value meal offers and surprise giveaways.
Analysis Article Jun 10

Should You Investigate Denny's Corporation (NASDAQ:DENN) At US$4.26?

Denny's Corporation ( NASDAQ:DENN ), might not be a large cap stock, but it led the NASDAQCM gainers with a relatively...
Seeking Alpha Jun 03

Denny's: The $1 Slam That Could Cost A Fortune

Summary Denny’s Q1 was rough: same-store sales and traffic declined, margins compressed, and free cash flow stayed negative, pressuring franchisee economics. Aggressive promotions like BOGO are boosting traffic, but risk further margin erosion and may not drive sustainable profitability for franchisees. My fair value estimate is $3.50–$4.50, well below Wall Street’s optimistic targets, reflecting weak unit-level returns and ongoing operational headwinds. Despite some upside from buybacks, I maintain a 'Hold' rating due to persistent margin pressure, franchisee challenges, and lack of clear turnaround catalysts. Read the full article on Seeking Alpha
Analysis Article May 15

Even With A 44% Surge, Cautious Investors Are Not Rewarding Denny's Corporation's (NASDAQ:DENN) Performance Completely

Those holding Denny's Corporation ( NASDAQ:DENN ) shares would be relieved that the share price has rebounded 44% in...
Analysis Article May 14

Denny's' (NASDAQ:DENN) Soft Earnings Are Actually Better Than They Appear

Denny's Corporation's ( NASDAQ:DENN ) recent soft profit numbers didn't appear to worry shareholders, as the stock...
Analysis Article Feb 08

Does This Valuation Of Denny's Corporation (NASDAQ:DENN) Imply Investors Are Overpaying?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Denny's fair value estimate is US$5.45 Denny's' US$7.04 share...
User avatar
New Narrative Sep 24

Denny's Innovations And Calculated Promotions Poised To Amplify Growth

Denny's menu innovations and value leadership strategies aim to drive customer traffic and increase revenue through a mix of premium and value offerings.

CEO Compensation Analysis

How has Kelli Valade's remuneration changed compared to Denny's's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 24 2025n/an/a

US$10m

Jun 25 2025n/an/a

US$16m

Mar 26 2025n/an/a

US$17m

Dec 25 2024US$5mUS$938k

US$22m

Sep 25 2024n/an/a

US$18m

Jun 26 2024n/an/a

US$19m

Mar 27 2024n/an/a

US$24m

Dec 27 2023US$5mUS$906k

US$20m

Sep 27 2023n/an/a

US$30m

Jun 28 2023n/an/a

US$39m

Mar 29 2023n/an/a

US$53m

Dec 28 2022US$3mUS$464k

US$75m

Compensation vs Market: Kelli's total compensation ($USD5.26M) is above average for companies of similar size in the US market ($USD2.29M).

Compensation vs Earnings: Kelli's compensation has been consistent with company performance over the past year.


CEO

Kelli Valade (55 yo)

3.6yrs
Tenure
US$5,257,477
Compensation

Ms. Kelli F. Valade is Chief Executive Officer of Denny's, Inc. and served as President since August 15, 2023 until September 30, 2024. She has been the Chief Executive Officer of Denny's Corporation since...


Leadership Team

NamePositionTenureCompensationOwnership
Kelli Valade
Chief Executive Officer3.6yrsUS$5.26m0.68%
$ 2.2m
Robert Verostek
Executive VP & CFO5.9yrsUS$1.81m0.18%
$ 594.7k
Gail E. Myers
Executive VP5.6yrsUS$1.74m0.19%
$ 622.4k
Christopher Bode
President & COO of Denny's Inc.1.3yrsUS$1.48m0.17%
$ 560.5k
David Schmidt
President of Keke’s3.3yrsUS$1.67m0.20%
$ 630.7k
Alex Williams
Senior VP & Chief Operating Officer2.7yrsno datano data
Jay Gilmore
Senior VP18.7yrsno data0.25%
$ 812.4k
Minh Le
Senior VP & Chief Technology Officer1.3yrsno data0.026%
$ 82.7k
Curtis Nichols
Vice President of Investor Relations and Financial Planning & Analysisno datano datano data
Monigo Saygbay-Hallie
Executive VP & Chief People Officer1.4yrsno data0.022%
$ 69.9k
Stephen Dunn
Executive VP & Chief Global Development Officer10.5yrsUS$1.35m0.22%
$ 710.4k
Thomas Starnes
VP of Brand Protection & Quality and Chief Food Safety Officerno datano datano data
3.5yrs
Average Tenure
54yo
Average Age

Experienced Management: DENN's management team is considered experienced (3.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/20 23:21
End of Day Share Price 2026/01/16 00:00
Earnings2025/09/24
Annual Earnings2024/12/25

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Denny's Corporation is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark KalinowskiBrean Capital Historical (Janney Montgomery)
Conrad LyonB. Riley Securities, Inc.
Jon TowerCitigroup Inc