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

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

Bloomin' Brands announced a quarterly dividend on Thursday, October 24th. Stockholders of record on Monday, November 18th will be paid a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Friday, November 15th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

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

Bloomin' Brands Inc (NASDAQ:BLMN) posted its earnings results on Wednesday, November, 6th. The restaurant operator reported $0.10 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to analyst estimates of $967.04 million. Bloomin' Brands had a return on equity of 89.62% and a net margin of 2.75%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 EPS. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.56.

11 analysts have issued 12 month price targets for Bloomin' Brands' shares. Their forecasts range from $17.00 to $25.00. On average, they anticipate Bloomin' Brands' stock price to reach $21.22 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. 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 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.

Media headlines about BLMN stock have been trending somewhat negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bloomin' Brands earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave press coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 6,140,000 shares, a decline of 16.2% from the September 30th total of 7,330,000 shares. Based on an average trading volume of 1,400,000 shares, the short-interest ratio is currently 4.4 days. Currently, 7.7% of the company's shares are sold short. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Cheesecake Factory (CAKE), Jack in the Box (JACK), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Comcast (CMCSA), Intelsat (I), AMC Entertainment (AMC), Fossil Group (FOSL), Caterpillar (CAT), Tesla (TSLA), Abercrombie & Fitch (ANF), Ford Motor (F) and Procter & Gamble (PG).

Bloomin' Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (2.99%), Copeland Capital Management LLC (1.78%), Russell Investments Group Ltd. (1.28%), Voya Investment Management LLC (0.93%), Millennium Management LLC (0.82%) and Man Group plc (0.82%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Mindy F Grossman. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Man Group plc, Voya Investment Management LLC, Millennium Management LLC, Barclays PLC, State Street Corp, James Investment Research Inc. and Strs Ohio. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Point72 Asset Management L.P., Dalton Greiner Hartman Maher & Co., Nkcfo LLC, Chicago Equity Partners LLC, State of New Jersey Common Pension Fund D, 6 Meridian and Bowling Portfolio Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $21.87.

Bloomin' Brands has a market capitalization of $1.90 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.View Additional Information About Bloomin' Brands.

The official website for Bloomin' Brands is http://www.bloominbrands.com/.

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]