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 given a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its Board of Directors has authorized a stock repurchase plan on Friday, February 23rd 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings data on Wednesday, November, 6th. The restaurant operator reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The restaurant operator earned $967.14 million during the quarter, compared to analysts' expectations of $967.04 million. Bloomin' Brands had a return on equity of 89.62% and a net margin of 2.75%. The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 earnings per share. 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 EPS guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.56.

11 brokerages have issued twelve-month target prices for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they expect Bloomin' Brands' stock price to reach $21.22 in the next year. This suggests that the stock has a possible downside of 5.3%. 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.

News headlines about BLMN stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 media sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a drop in short interest in October. As of October 31st, there was short interest totalling 6,140,000 shares, a drop of 16.2% from the September 30th total of 7,330,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is currently 4.4 days. Currently, 7.7% of the company's shares are short sold. 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), Cheesecake Factory (CAKE), Papa John's Int'l (PZZA), 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 a variety of of institutional and retail investors. Top institutional investors 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 acquired 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 $22.41.

Bloomin' Brands has a market capitalization of $1.95 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]