Bloomin' Brands (NASDAQ:BLMN - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of -0.150--0.100 for the period, compared to the consensus EPS estimate of 0.061. The company issued revenue guidance of -. Bloomin' Brands also updated its FY 2025 guidance to 1.000-1.100 EPS.
Analyst Ratings Changes
Several brokerages recently weighed in on BLMN. The Goldman Sachs Group dropped their target price on Bloomin' Brands from $8.00 to $6.50 and set a "sell" rating for the company in a report on Thursday. JPMorgan Chase & Co. upped their price target on Bloomin' Brands from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Wednesday, June 25th. Barclays lowered their price target on Bloomin' Brands from $9.00 to $7.00 and set an "equal weight" rating for the company in a research report on Wednesday. UBS Group lowered their price target on Bloomin' Brands from $13.00 to $8.50 and set a "neutral" rating for the company in a research report on Monday, May 5th. Finally, BMO Capital Markets lowered their price target on Bloomin' Brands from $10.00 to $8.00 and set a "market perform" rating for the company in a research report on Thursday. Two research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $11.00.
Get Our Latest Stock Report on BLMN
Bloomin' Brands Stock Down 1.8%
Shares of NASDAQ:BLMN traded down $0.12 during trading on Friday, hitting $6.63. The stock had a trading volume of 4,310,346 shares, compared to its average volume of 2,596,395. Bloomin' Brands has a 12 month low of $6.09 and a 12 month high of $18.72. The company has a market capitalization of $563.09 million, a PE ratio of -132.60 and a beta of 1.32. The firm's fifty day moving average is $9.00 and its 200 day moving average is $9.03. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 2.38.
Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its earnings results on Wednesday, August 6th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.05. Bloomin' Brands had a positive return on equity of 50.26% and a negative net margin of 0.12%. The firm had revenue of $1 billion during the quarter, compared to analyst estimates of $974.69 million. During the same quarter in the prior year, the company earned $0.51 EPS. The business's revenue was up .3% compared to the same quarter last year. Analysts anticipate that Bloomin' Brands will post 1.8 EPS for the current fiscal year.
Bloomin' Brands Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 19th will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a $0.60 annualized dividend and a dividend yield of 9.0%. Bloomin' Brands's dividend payout ratio is currently -1,200.00%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Caxton Associates LLP bought a new position in shares of Bloomin' Brands in the 1st quarter worth approximately $170,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Bloomin' Brands by 6.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator's stock worth $333,000 after acquiring an additional 2,622 shares in the last quarter. Creative Planning increased its position in Bloomin' Brands by 29.0% during the 2nd quarter. Creative Planning now owns 46,384 shares of the restaurant operator's stock valued at $399,000 after buying an additional 10,421 shares in the last quarter. Royal Bank of Canada increased its position in Bloomin' Brands by 50.4% during the 1st quarter. Royal Bank of Canada now owns 333,693 shares of the restaurant operator's stock valued at $2,393,000 after buying an additional 111,801 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in Bloomin' Brands by 156.1% during the 1st quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator's stock valued at $4,240,000 after buying an additional 360,450 shares in the last quarter.
About Bloomin' Brands
(
Get Free Report)
Bloomin' Brands, Inc engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.
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