NASDAQ:BLMN - Bloomin' Brands Stock Price, News, & Analysis

Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN."

Bloomin' Brands declared a quarterly dividend on Tuesday, July 31st. Stockholders of record on Thursday, August 9th will be given a dividend of $0.09 per share on Wednesday, August 22nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Wednesday, August 8th. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its board has initiated a stock repurchase program on Friday, February 23rd 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its quarterly earnings data on Monday, July, 30th. The restaurant operator reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.08. The restaurant operator had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.05 billion. Bloomin' Brands had a net margin of 2.70% and a return on equity of 215.75%. The company's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Friday, November, 2nd 2018. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $1.38-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.41.

11 brokers have issued twelve-month price objectives for Bloomin' Brands' stock. Their predictions range from $18.00 to $29.00. On average, they expect Bloomin' Brands' share price to reach $23.3333 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.

Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Dave & Buster's Entertainment (PLAY), Cheesecake Factory (CAKE), Main Street Capital (MAIN), Jack in the Box (JACK), Brinker International (EAT), Wingstop (WING), BJ's Restaurants (BJRI), Papa John's Int'l (PZZA), Dine Brands Global (DIN), MITCHELLS &BUTLERS (MBPFF), Arcos Dorados (ARCO), Sonic (SONC) and Ruth's Hospitality Group (RUTH).

News articles about BLMN stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bloomin' Brands earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media stories about the restaurant operator an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Bloomin' Brands.

Bloomin' Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.77%), LSV Asset Management (3.16%), Glenmede Trust Co. NA (2.84%), Bank of America Corp DE (1.74%), Rothschild Asset Management Inc. (1.57%) and Fuller & Thaler Asset Management Inc. (1.48%). Company insiders that own Bloomin' Brands stock include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Wells Fargo & Company MN, Thompson Siegel & Walmsley LLC, Foundry Partners LLC, Northern Trust Corp, Oppenheimer Asset Management Inc., BlueMountain Capital Management LLC and Wedge Capital Management L L P NC. Company insiders that have sold Bloomin' Brands company stock in the last year include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Michael Kappitt. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Davidson Kempner Capital Management LP, Spark Investment Management LLC, Tyvor Capital LLC, BlackRock Inc., Renaissance Technologies LLC, Bank of America Corp DE, Canada Pension Plan Investment Board and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Bloomin' Brands.

Shares of BLMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $20.34.

Bloomin' Brands has a market capitalization of $1.84 billion and generates $4.21 billion in revenue each year. The restaurant operator earns $100.24 million in net income (profit) each year or $1.36 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.

Bloomin' Brands' mailing address is 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607. The restaurant operator can be reached via phone at 813-282-1225 or via email at [email protected]