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

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$20.92 +0.05 (+0.24 %)
(As of 11/19/2018 09:28 AM ET)
Previous Close$20.87
Today's Range$20.15 - $20.94
52-Week Range$17.77 - $25.00
Volume1.20 million shs
Average Volume1.36 million shs
Market Capitalization$1.92 billion
P/E Ratio15.38
Dividend Yield1.72%
Beta0.24
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:BLMN
Previous Symbol
CUSIP09423510
Phone813-282-1225

Debt

Debt-to-Equity Ratio18.69
Current Ratio0.37
Quick Ratio0.29

Price-To-Earnings

Trailing P/E Ratio15.38
Forward P/E Ratio14.33
P/E Growth1.52

Sales & Book Value

Annual Sales$4.21 billion
Price / Sales0.46
Cash Flow$3.9176 per share
Price / Cash5.34
Book Value$0.54 per share
Price / Book38.74

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$100.24 million
Net Margins2.68%
Return on Equity196.28%
Return on Assets6.22%

Miscellaneous

Employees94,000
Outstanding Shares91,900,000
Market Cap$1.92 billion
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 declared a quarterly dividend on Tuesday, October 30th. Shareholders of record on Wednesday, November 14th will be paid a dividend of $0.09 per share on Wednesday, November 21st. This represents a $0.36 annualized dividend and a yield of 1.72%. The ex-dividend date is Tuesday, November 13th. View Bloomin' Brands' Dividend History.

How will Bloomin' Brands' stock buyback program work?

Bloomin' Brands declared that its board has authorized a share buyback plan 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 plans are often an indication that the company's management believes its stock is undervalued.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands Inc (NASDAQ:BLMN) posted its quarterly earnings results on Monday, October, 29th. The restaurant operator reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The restaurant operator earned $965 million during the quarter, compared to analyst estimates of $965.17 million. Bloomin' Brands had a return on equity of 196.28% and a net margin of 2.68%. Bloomin' Brands's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 EPS. View Bloomin' Brands' Earnings History.

When is Bloomin' Brands' next earnings date?

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Bloomin' Brands.

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

Bloomin' Brands issued an update on its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $1.38-1.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43. Bloomin' Brands also updated its FY 2018 guidance to $1.41-1.47 EPS.

What price target have analysts set for BLMN?

11 equities research analysts have issued 12 month target prices for Bloomin' Brands' shares. Their forecasts range from $18.00 to $29.00. On average, they anticipate Bloomin' Brands' stock price to reach $23.2222 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

What is the consensus analysts' recommendation 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.

Has Bloomin' Brands been receiving favorable news coverage?

Media coverage about BLMN stock has trended somewhat positive on Monday, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bloomin' Brands earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave media headlines about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Bloomin' Brands' key competitors?

Who are Bloomin' Brands' key executives?

Bloomin' Brands' management team includes the folowing people:
  • Ms. Elizabeth A. Smith, Chairman, CEO & Pres (Age 55)
  • Mr. David J. Deno, Exec. VP, Chief Financial & Admin. Officer & Principal Accounting Officer (Age 60)
  • Mr. Sukhdev Singh, Exec. VP & Global Chief Devel. and Franchising Officer (Age 54)
  • Mr. Donagh M. Herlihy, Exec. VP & CTO (Age 54)
  • 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 shareholders include BlackRock Inc. (7.65%), Alliancebernstein L.P. (6.64%), LSV Asset Management (3.17%), Dimensional Fund Advisors LP (3.09%), Glenmede Trust Co. NA (2.77%) and Prudential Financial Inc. (2.09%). 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 Man Group plc, Wells Fargo & Company MN, Deprince Race & Zollo Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Hsbc Holdings PLC and Highbridge Capital Management 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, Michael Kappitt and Mindy F Grossman. View Insider Buying and Selling for Bloomin' Brands.

Which institutional investors are buying Bloomin' Brands stock?

BLMN stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Tyvor Capital LLC, Fort Washington Investment Advisors Inc. OH, Point72 Asset Management L.P., Putnam Investments LLC, Strs Ohio, Moody National Bank Trust Division and AQR Capital Management LLC. 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 $20.92.

How big of a company is Bloomin' Brands?

Bloomin' Brands has a market capitalization of $1.92 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.

What is Bloomin' Brands' official website?

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  403 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  752
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.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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