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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:BLMN

Bloomin' Brands Stock Forecast, Price & News

$18.06
+0.63 (+3.61%)
(As of 06/27/2022 05:07 AM ET)
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Today's Range
$17.34
$18.41
50-Day Range
$16.28
$23.08
52-Week Range
$15.89
$28.65
Volume
3.02 million shs
Average Volume
2.00 million shs
Market Capitalization
$1.60 billion
P/E Ratio
8.60
Dividend Yield
3.10%
Price Target
$28.45
30 days | 90 days | 365 days | Advanced Chart

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BLMN Stock Forecast (MarketRank)

Overall MarketRank

2.92 out of 5 stars

Retail/Wholesale Sector

45th out of 282 stocks

Eating Places Industry

11th out of 55 stocks

Analyst Opinion: 4.4Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
Bloomin

About Bloomin' Brands (NASDAQ:BLMN)

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; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 26, 2021, the company owned and operated 1,013 full-service restaurants and franchised 157 restaurants across 47 states; and 156 full-service restaurants and franchised 172 restaurants across 17 countries and Guam. The company was founded in 1988 and is based in Tampa, Florida.

BLMN Stock News Headlines

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Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
Current Symbol
NASDAQ:BLMN
CUSIP
09423510
Employees
82,000
Year Founded
N/A

Company Calendar

Last Earnings
4/29/2022
Ex-Dividend for 5/25 Dividend
5/10/2022
Dividend Payable
5/25/2022
Today
6/27/2022
Next Earnings (Estimated)
7/29/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$28.45
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+57.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$215.55 million
Pretax Margin
6.23%

Debt

Sales & Book Value

Annual Sales
$4.12 billion
Cash Flow
$5.16 per share
Book Value
$2.50 per share

Miscellaneous

Free Float
84,401,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.80














Bloomin' Brands Frequently Asked Questions

Should I buy or sell Bloomin' Brands stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Bloomin' Brands stock.
View analyst ratings for Bloomin' Brands
or view top-rated stocks.

What is Bloomin' Brands' stock price forecast for 2022?

12 brokers have issued 1 year target prices for Bloomin' Brands' shares. Their BLMN stock forecasts range from $19.00 to $36.00. On average, they predict Bloomin' Brands' stock price to reach $28.45 in the next year. This suggests a possible upside of 57.6% from the stock's current price.
View analysts' price targets for Bloomin' Brands
or view top-rated stocks among Wall Street analysts.

How has Bloomin' Brands' stock performed in 2022?

Bloomin' Brands' stock was trading at $20.98 at the start of the year. Since then, BLMN stock has decreased by 13.9% and is now trading at $18.06.
View the best growth stocks for 2022 here
.

When is Bloomin' Brands' next earnings date?

Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
View our earnings forecast for Bloomin' Brands
.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands, Inc. (NASDAQ:BLMN) announced its quarterly earnings data on Friday, April, 29th. The restaurant operator reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.06. The restaurant operator earned $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Bloomin' Brands had a trailing twelve-month return on equity of 131.48% and a net margin of 5.20%. Bloomin' Brands's quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS.
View Bloomin' Brands' earnings history
.

How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?

Bloomin' Brands announced a quarterly dividend on Monday, May 2nd. Investors of record on Wednesday, May 11th will be given a dividend of $0.14 per share on Wednesday, May 25th. This represents a $0.56 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Tuesday, May 10th.
View Bloomin' Brands' dividend history
.

Is Bloomin' Brands a good dividend stock?

Bloomin' Brands(NASDAQ:BLMN) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.10%. The dividend payout ratio of Bloomin' Brands is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 20.14% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend.
View Bloomin' Brands' dividend history.

What guidance has Bloomin' Brands issued on next quarter's earnings?

Bloomin' Brands issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $2.45-$2.55 for the period, compared to the consensus estimate of $2.39. The company issued revenue guidance of $4.35 billion-$4.40 billion, compared to the consensus revenue estimate of $4.34 billion.

Who are Bloomin' Brands' key executives?

Bloomin' Brands' management team includes the following people:
  • Mr. David J. Deno, CEO & Director (Age 64, Pay $2.92M)
  • Mr. Christopher Adkins Meyer, Exec. VP & CFO (Age 50, Pay $1.26M)
  • Ms. Kelly M. Lefferts, Exec. VP, Chief Legal Officer & Sec. (Age 55, Pay $1.11M) (LinkedIn Profile)
  • Mr. Patrick C. Murtha, Exec. VP of Fleming's, International & HR (Age 64, Pay $1.15M)
  • Ms. Elizabeth A. Smith, Exec. Director (Age 59, Pay $90k)
  • Mr. Gregg D. Scarlett, Exec. VP & COO of Casual Dining Restaurants (Age 60, Pay $1.89M) (LinkedIn Profile)
  • Ms. Astrid Isaacs, Sr. VP & CTO
  • Ms. Cathie Koch, VP of Corp. Affairs & Communications
  • Ms. Danielle M. Vona, Sr. VP & Chief Marketing Officer (Age 54)
  • Mr. Mark Graff, Sr. VP of Bus. Devel. & Financial Planning

What is David Deno's approval rating as Bloomin' Brands' CEO?

22 employees have rated Bloomin' Brands CEO David Deno on Glassdoor.com. David Deno has an approval rating of 48% among Bloomin' Brands' employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Bloomin' Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Coty (COTY), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Exxon Mobil (XOM), Carnival Co. & (CCL), Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL).

What is Bloomin' Brands' stock symbol?

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

Who are Bloomin' Brands' major shareholders?

Bloomin' Brands' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.08%), Vanguard Group Inc. (10.82%), Clearbridge Investments LLC (6.34%), State Street Corp (3.45%), Jennison Associates LLC (2.75%) and Bank of New York Mellon Corp (2.36%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith, Gregg Scarlett and Kelly Lefferts.
View institutional ownership trends for Bloomin' Brands
.

Which major investors are selling Bloomin' Brands stock?

BLMN stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Goldman Sachs Group Inc., Reinhart Partners Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, and William Blair Investment Management LLC. Company insiders that have sold Bloomin' Brands company stock in the last two years include Elizabeth A Smith, Gregg Scarlett, and Kelly Lefferts.
View insider buying and selling activity for Bloomin' Brands
or view top insider-selling stocks.

Which major investors are buying Bloomin' Brands stock?

BLMN stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, BlackRock Inc., American Century Companies Inc., First Manhattan Co., Natixis Advisors L.P., Weiss Multi Strategy Advisers LLC, Lisanti Capital Growth LLC, and MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income. Company insiders that have bought Bloomin' Brands stock in the last two years include David J Deno, and Gregg Scarlett.
View insider buying and selling activity for Bloomin' Brands
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bloomin' Brands' stock price today?

One share of BLMN stock can currently be purchased for approximately $18.06.

How much money does Bloomin' Brands make?

Bloomin' Brands (NASDAQ:BLMN) has a market capitalization of $1.60 billion and generates $4.12 billion in revenue each year. The restaurant operator earns $215.55 million in net income (profit) each year or $2.099990 on an earnings per share basis.

How many employees does Bloomin' Brands have?

Bloomin' Brands employs 82,000 workers across the globe.

How can I contact Bloomin' Brands?

Bloomin' Brands' mailing address is 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607. The official website for Bloomin' Brands is www.bloominbrands.com. The restaurant operator can be reached via phone at (813) 282-1225, via email at [email protected], or via fax at 813-286-2247.

This page (NASDAQ:BLMN) was last updated on 6/27/2022 by MarketBeat.com Staff

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