NASDAQ:BLMN - Bloomin' Brands Stock Price, Price Target & More

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

Bloomin' Brands declared a quarterly dividend on Tuesday, April 24th. Shareholders of record on Monday, May 7th will be given a dividend of $0.09 per share on Friday, May 18th. This represents a $0.36 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, May 4th. 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 authorized a stock repurchase plan on Friday, February 23rd 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings data on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.13. The restaurant operator earned $1.12 billion during the quarter, compared to analyst estimates of $1.10 billion. Bloomin' Brands had a net margin of 2.91% and a return on equity of 198.45%. The company's quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 EPS. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.40.

10 brokers have issued 1-year price targets for Bloomin' Brands' shares. Their forecasts range from $18.00 to $29.00. On average, they expect Bloomin' Brands' share price to reach $24.1429 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Ratings 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, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News stories about BLMN stock have been trending somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bloomin' Brands earned a media sentiment score of -0.04 on Accern's scale. They also assigned news headlines about the restaurant operator an impact score of 43.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Bloomin' Brands' stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.64%), Boston Advisors LLC (0.21%), James Investment Research Inc. (0.12%), Bank of Montreal Can (0.07%), Columbia Partners L L C Investment Management (0.06%) and Fox Run Management L.L.C. (0.03%). Company insiders that own Bloomin' Brands stock include Chris Thomas Sullivan, 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 Foundry Partners LLC and Boston Advisors LLC. 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 James Investment Research Inc., Bank of Montreal Can, Columbia Partners L L C Investment Management, Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC, Brookmont Capital Management and Cerebellum GP 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, Scottrade, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $21.42.

Bloomin' Brands has a market capitalization of $1.99 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]