NASDAQ:BLMN Bloomin' Brands (BLMN) Stock Forecast, Price & News $24.55 -0.04 (-0.16%) (As of 11:33 AM ET) Add Compare Share Share Today's Range$24.33▼$24.6350-Day Range$23.76▼$28.3952-Week Range$17.96▼$28.67Volume212,171 shsAverage Volume1.64 million shsMarket Capitalization$2.14 billionP/E Ratio9.52Dividend Yield3.91%Price Target$30.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Bloomin' Brands MarketRank™ ForecastAnalyst RatingHold2.42 Rating ScoreUpside/Downside22.6% Upside$30.00 Price TargetShort InterestBearish12.61% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.90Upright™ Environmental ScoreNews Sentiment0.40Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-2.73%From $2.93 to $2.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.40 out of 5 starsRetail/Wholesale Sector85th out of 216 stocksEating Places Industry22nd out of 40 stocks 3.2 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Bloomin' Brands has a forecasted upside of 22.6% from its current price of $24.46.Amount of Analyst CoverageBloomin' Brands has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted12.61% of the float of Bloomin' Brands has been sold short.Short Interest Ratio / Days to CoverBloomin' Brands has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Bloomin' Brands has recently decreased by 3.66%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 3.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBloomin' Brands has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 33.68% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBloomin' Brands has received a 5.07% net impact score from Upright. Bloomin' Brands seems to create the most significant positive value in categories "Jobs", "Nutrition", and "Taxes". The positive contribution in the "Nutrition" impact category is mostly driven by its "Steak", "Soup foods", "Salad dishes", and "Fried fish" products. See details.Environmental SustainabilityThe Environmental Impact score for Bloomin' Brands is -3.90. Previous Next 1.9 News and Social Media Coverage News SentimentBloomin' Brands has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Bloomin' Brands this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for BLMN on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows6 people have added Bloomin' Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloomin' Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.18% of the stock of Bloomin' Brands is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to decrease by -2.73% in the coming year, from $2.93 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 9.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 9.48, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 18.67.Price to Earnings Growth RatioBloomin' Brands has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 7.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bloomin' Brands (NASDAQ:BLMN) StockBloomin' 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. The company was founded in 1988 and is based in Tampa, Florida.Read More BLMN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLMN Stock News HeadlinesSeptember 20, 2023 | marketbeat.com3 Tasty Dividend Stocks With Value and Above-Average YieldsRestaurant stocks are moving lower and offering a discount on their cash flow, dividend, high yield, and share repurchasesOctober 1, 2023 | thestreet.comBloomin' Brands (BLMN) Stock Declines Today After Announcing Secondary Public OfferingOctober 2, 2023 | PressReach (Ad)Nuclear Revival Creates Opportunities for UraniumUranium companies set to benefit from increased demand for clean energy.September 25, 2023 | americanbankingnews.comWilliam Blair Analysts Lower Earnings Estimates for Bloomin' Brands, Inc. (NASDAQ:BLMN)September 24, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Trading Down 2.6%September 20, 2023 | finance.yahoo.comAn Intrinsic Calculation For Bloomin' Brands, Inc. (NASDAQ:BLMN) Suggests It's 32% UndervaluedSeptember 13, 2023 | msn.comBloomin' Brands: Valuation Remains Appealing, But There Are Still Near-Term UncertaintiesSeptember 12, 2023 | insidermonkey.comLong-Term Returns of Jana Partners’ 5 Activist TargetsOctober 2, 2023 | PressReach (Ad)Nuclear Revival Creates Opportunities for UraniumUranium companies set to benefit from increased demand for clean energy.September 9, 2023 | msn.comActivist Starboard has a variety of strategies to build value at Bloomin’ BrandsSeptember 8, 2023 | theglobeandmail.comWhy This Activist Investor Has Honed In On Outback SteakhouseSeptember 5, 2023 | bizjournals.comBloomin' shuffles board amid looming activist concernsSeptember 5, 2023 | finance.yahoo.comBloomin' shuffles board while activist shareholder takes a positionAugust 22, 2023 | bizjournals.comActivist hedge fund Starboard Value buys stake in Tampa's Bloomin’ BrandsAugust 21, 2023 | markets.businessinsider.comBloomin’ Brands (NASDAQ:BLMN): Activist Investor Interest Makes the Stock AppetizingAugust 20, 2023 | finance.yahoo.comWhat Is Bloomin' Brands, Inc.'s (NASDAQ:BLMN) Share Price Doing?August 19, 2023 | markets.businessinsider.comActivist Investor Starboard Value Takes A Stake In Bloomin' BrandsAugust 19, 2023 | msn.comActivist Starboard takes stake in Bloomin' Brands (update)August 18, 2023 | msn.comWhy Bloomin' Brands Surged TodayAugust 18, 2023 | benzinga.comThinking about trading options or stock in Bloomin' Brands, Macy's, Super Micro Computer, Apple, or Eli Lilly And Co?August 18, 2023 | baystreet.caOutback Owner Hikes as Activist Buys StakeAugust 18, 2023 | msn.comActivist Starboard takes stake in Bloomin' Brands - report (update)August 18, 2023 | finance.yahoo.comOutback Steakhouse Stock Surges After Activist Investor Builds Holdings As Restaurant, Grocery Consolidation WidensAugust 18, 2023 | finance.yahoo.comStarboard Value LP Acquires New Stake in Bloomin Brands IncAugust 18, 2023 | finance.yahoo.comActivist investor Starboard Value sets sights on Bloomin' BrandsAugust 18, 2023 | cnbc.comOutback Steakhouse owner's stock rises after activist Starboard Value buys stakeAugust 18, 2023 | investing.comBloomin' Brands gains on report activist investor Starboard Value built a stakeSee More Headlines Receive BLMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bloomin' Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address BLMN Company Calendar Last Earnings8/01/2023Ex-Dividend for 8/25 Dividend8/11/2023Dividend Payable8/25/2023Today10/02/2023Next Earnings (Estimated)10/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNASDAQ:BLMN CUSIP09423510 CIK1546417 Webwww.bloominbrands.com Phone(813) 282-1225Fax813-286-2247Employees87,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$30.00 High Stock Price Forecast$35.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+22.0%Consensus RatingHold Rating Score (0-4)2.42 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio9.53 Forward P/E Ratio8.39 P/E Growth0.86Net Income$101.91 million Net Margins5.49% Pretax Margin6.44% Return on Equity86.88% Return on Assets8.05% Debt Debt-to-Equity Ratio2.05 Current Ratio0.27 Quick Ratio0.20 Sales & Book Value Annual Sales$4.42 billion Price / Sales0.48 Cash Flow$4.90 per share Price / Cash Flow5.02 Book Value$3.12 per share Price / Book7.88Miscellaneous Outstanding Shares87,100,000Free Float83,456,000Market Cap$2.14 billion OptionableOptionable Beta1.89 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. David J. Deno (Age 65)CEO & Director Comp: $1.9MMr. Christopher Adkins Meyer (Age 51)Exec. VP & CFO Comp: $849.93kMs. Kelly M. Lefferts (Age 56)Exec. VP, Chief Legal Officer & Sec. Comp: $791.2kMr. Gregg D. Scarlett (Age 61)Exec. VP & COO of Casual Dining Restaurants Comp: $1.17MMr. Philip PaceSr. VP & Chief Accounting OfficerTara KurianVP of Corp. Financial & Investor RelationsMs. Astrid IsaacsSr. VP & CTOMs. Danielle M. Vona (Age 55)Sr. VP & Chief Marketing Officer Ms. Suzann TrevisanSr. VP & Chief HR OfficerMr. Mark GraffSr. VP of Bus. Devel. & Financial PlanningMore ExecutivesKey CompetitorsPapa John's InternationalNASDAQ:PZZACheesecake FactoryNASDAQ:CAKECracker Barrel Old Country StoreNASDAQ:CBRLJack in the BoxNASDAQ:JACKBrinker InternationalNYSE:EATView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpSold 10,662 shares on 8/24/2023Ownership: 0.154%Comerica BankBought 662,882 shares on 8/22/2023Ownership: 0.761%Virginia Retirement Systems ET ALBought 39,400 shares on 8/22/2023Ownership: 0.045%California State Teachers Retirement SystemBought 487 shares on 8/21/2023Ownership: 0.122%Teachers Retirement System of The State of KentuckyBought 1,568 shares on 8/21/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions BLMN Stock - 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 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLMN, but not buy additional shares or sell existing shares. View BLMN analyst ratings or view top-rated stocks. What is Bloomin' Brands' stock price forecast for 2023? 12 Wall Street research analysts have issued twelve-month target prices for Bloomin' Brands' shares. Their BLMN share price forecasts range from $27.00 to $35.00. On average, they expect the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for BLMN or view top-rated stocks among Wall Street analysts. How have BLMN shares performed in 2023? Bloomin' Brands' stock was trading at $20.12 on January 1st, 2023. Since then, BLMN shares have increased by 22.2% and is now trading at $24.59. View the best growth stocks for 2023 here. When is Bloomin' Brands' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023. View our BLMN earnings forecast. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands, Inc. (NASDAQ:BLMN) issued its quarterly earnings data on Tuesday, August, 1st. The restaurant operator reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.11. The restaurant operator earned $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. Bloomin' Brands had a net margin of 5.49% and a trailing twelve-month return on equity of 86.88%. The company's revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands declared a quarterly dividend on Tuesday, July 18th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.24 per share on Friday, August 25th. This represents a $0.96 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Friday, August 11th. Read our dividend analysis for BLMN. What ETFs hold Bloomin' Brands' stock? ETFs with the largest weight of Bloomin' Brands (NASDAQ:BLMN) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), American Century Quality Convertible Securities ETF (QCON), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Small Cap Growth AlphaDEX Fund (FYC), iShares US Small Cap Value Factor ETF (SVAL), Royce Quant Small-Cap Quality Value ETF (SQLV) and WisdomTree U.S. SmallCap Dividend Fund (DES). Is Bloomin' Brands a good dividend stock? Bloomin' Brands (NASDAQ:BLMN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.90%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BLMN will have a dividend payout ratio of 33.68% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BLMN. What guidance has Bloomin' Brands issued on next quarter's earnings? Bloomin' Brands updated its third quarter earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $0.41-0.46 for the period, compared to the consensus estimate of $0.43. What is David Deno's approval rating as Bloomin' Brands' CEO? 55 employees have rated Bloomin' Brands Chief Executive Officer David Deno on Glassdoor.com. David Deno has an approval rating of 48% among the company's employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Bloomin' Brands to a friend. 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." How do I buy shares of Bloomin' Brands? Shares of BLMN stock 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 $24.59. How much money does Bloomin' Brands make? Bloomin' Brands (NASDAQ:BLMN) has a market capitalization of $2.14 billion and generates $4.42 billion in revenue each year. The restaurant operator earns $101.91 million in net income (profit) each year or $2.58 on an earnings per share basis. How many employees does Bloomin' Brands have? The company employs 87,000 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 the company is www.bloominbrands.com. The restaurant operator can be reached via phone at (813) 282-1225, via email at investor@bloominbrands.com, or via fax at 813-286-2247. This page (NASDAQ:BLMN) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bloomin' Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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