Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 31, 2017, the company owned and operated 1,075 restaurants and franchised 165 restaurants. Bloomin' Brands, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.
Industry, Sector and Symbol
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Phone813-282-1225
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.13 billion
Profitability
Miscellaneous
Employees93,000
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions
What is Bloomin' Brands' stock symbol?
Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN."
How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?
Bloomin' Brands announced a quarterly dividend on Friday, February 15th. Investors of record on Monday, February 25th will be given a dividend of $0.10 per share on Friday, March 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, February 22nd. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.09. View Bloomin' Brands' Dividend History.
How will Bloomin' Brands' stock buyback program work?
Bloomin' Brands declared that its board has authorized a share repurchase plan on Friday, February 23rd 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.
How were Bloomin' Brands' earnings last quarter?
Bloomin' Brands Inc (NASDAQ:BLMN) announced its earnings results on Thursday, February, 14th. The restaurant operator reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. The restaurant operator had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. Bloomin' Brands had a return on equity of 178.97% and a net margin of 2.60%. The firm's revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.18 EPS. View Bloomin' Brands' Earnings History.
When is Bloomin' Brands' next earnings date?
What guidance has Bloomin' Brands issued on next quarter's earnings?
Bloomin' Brands updated its FY19 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51. Bloomin' Brands also updated its FY 2019 guidance to $1.53-1.61 EPS.
What price target have analysts set for BLMN?
10 equities research analysts have issued twelve-month price targets for Bloomin' Brands' shares. Their forecasts range from $17.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $21.6250 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.
What is the consensus analysts' recommendation for Bloomin' Brands?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.
Has Bloomin' Brands been receiving favorable news coverage?
News coverage about BLMN stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bloomin' Brands earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Who are some of Bloomin' Brands' key competitors?
Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Main Street Capital (MAIN), Wingstop (WING), Cheesecake Factory (CAKE), Jack in the Box (JACK), Dave & Buster's Entertainment (PLAY), Arcos Dorados (ARCO), Brinker International (EAT), Sonic (SONC), Dine Brands Global (DIN), Papa John's Int'l (PZZA), MITCHELLS &BUTLERS (MBPFF), Denny's (DENN) and BJ's Restaurants (BJRI).
What other stocks do shareholders of Bloomin' Brands own?
Who are Bloomin' Brands' key executives?
Bloomin' Brands' management team includes the folowing people:
- Ms. Elizabeth A. Smith, CEO & Chairman (Age 56)
- Mr. David J. Deno, Exec. VP and Chief Financial & Admin. Officer (Age 61)
- Mr. Sukhdev Singh, Exec. VP & Chief Devel. Officer of International and Franchising (Age 55)
- Mr. Donagh M. Herlihy, Exec. VP & Chief Information Officer (Age 55)
- Mark Graff, VP of Investor Relations and Corp. Fin.
Who are Bloomin' Brands' major shareholders?
Bloomin' Brands' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.50%), Millennium Management LLC (3.72%), Dimensional Fund Advisors LP (3.25%), Prudential Financial Inc. (2.70%), D. E. Shaw & Co. Inc. (2.36%) and LSV Asset Management (2.26%). 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, Mindy F Grossman and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.
Which institutional investors are selling Bloomin' Brands stock?
BLMN stock was sold by a variety of institutional investors in the last quarter, including Tyvor Capital LLC, Millennium Management LLC, LSV Asset Management, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., Wedge Capital Management L L P NC, GSA Capital Partners LLP and Public Employees Retirement System of Ohio. Company insiders that have sold Bloomin' Brands company stock in the last year include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Mindy F Grossman. View Insider Buying and Selling for Bloomin' Brands.
Which institutional investors are buying Bloomin' Brands stock?
BLMN stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Prudential Financial Inc., Canada Pension Plan Investment Board, Rothschild & Co. Asset Management US Inc., D. E. Shaw & Co. Inc., Fort Washington Investment Advisors Inc. OH, Burney Co. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Bloomin' Brands.
How do I buy shares of 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.
What is Bloomin' Brands' stock price today?
One share of BLMN stock can currently be purchased for approximately $19.53.
How big of a company is Bloomin' Brands?
Bloomin' Brands has a market capitalization of $1.79 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.
What is Bloomin' Brands' official website?
How can I contact Bloomin' Brands?
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]
MarketBeat Community Rating for Bloomin' Brands (NASDAQ BLMN)
MarketBeat's community ratings are surveys of what our community members think about Bloomin' Brands and other stocks. Vote "Outperform" if you believe BLMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
