Bloomin' Brands, Inc. (NASDAQ:BLMN) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Bloomin’ Brands, with two sells, eight holds and one strong buy among 11 firms. The average 12-month price target is $9.75, below the stock’s reported $11.44 price.
• Recent analyst actions were mixed: Goldman Sachs and Morgan Stanley raised their price targets, while Zacks Research upgraded the stock to “strong buy” and Weiss Ratings downgraded it to “sell.”
• Bloomin’ Brands beat quarterly expectations, reporting $0.39 in EPS versus a $0.29 consensus estimate and $1.02 billion in revenue. However, profitability remained thin, with a 0.70% net margin, and the company guided to full-year 2026 EPS of $0.90–$1.00.

Shares of Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) have received a consensus recommendation of "Hold" from the eleven ratings firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $9.75.

A number of equities research analysts have recently issued reports on BLMN shares. The Goldman Sachs Group boosted their price target on shares of Bloomin' Brands from $6.00 to $8.50 and gave the company a "neutral" rating in a research note on Thursday, May 7th. Zacks Research raised shares of Bloomin' Brands from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. Morgan Stanley lifted their target price on shares of Bloomin' Brands from $8.00 to $12.00 and gave the company an "equal weight" rating in a report on Thursday, August 6th. Sanford C. Bernstein set a $9.00 target price on Bloomin' Brands in a research report on Thursday, May 7th. Finally, Weiss Ratings cut Bloomin' Brands from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, August 19th.

Hedge Funds Weigh In On Bloomin' Brands

Several hedge funds have recently bought and sold shares of BLMN. Quarry LP acquired a new position in Bloomin' Brands in the 4th quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Bloomin' Brands by 83,825.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 3,353 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Bloomin' Brands during the fourth quarter worth about $31,000. PNC Financial Services Group Inc. boosted its stake in shares of Bloomin' Brands by 44.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 1,662 shares during the period. Finally, Allworth Financial LP purchased a new position in shares of Bloomin' Brands in the second quarter valued at approximately $55,000.

Bloomin' Brands Stock Performance

NASDAQ BLMN opened at $11.44 on Tuesday. The stock has a market cap of $979.49 million, a PE ratio of 36.90, a P/E/G ratio of 3.00 and a beta of 1.22. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62. Bloomin' Brands has a twelve month low of $5.19 and a twelve month high of $12.63. The stock has a fifty day simple moving average of $9.16 and a 200-day simple moving average of $7.54.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.10. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Bloomin' Brands had a net margin of 0.70% and a return on equity of 28.95%. Bloomin' Brands's revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 EPS. Bloomin' Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270--0.220 EPS. Equities analysts anticipate that Bloomin' Brands will post 0.98 earnings per share for the current year.

Bloomin' Brands Company Profile

Bloomin' Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company's portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba's Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming's Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.

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