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. Investors of record on Monday, November 18th will be paid a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 annualized dividend and a yield of 1.80%. The ex-dividend date is Friday, November 15th. This is an increase from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands announced that its Board of Directors has approved a share buyback program 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 buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its quarterly earnings results on Wednesday, November, 6th. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to analysts' expectations of $967.04 million. Bloomin' Brands had a net margin of 2.75% and a return on equity of 89.62%. Bloomin' Brands's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company 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 issued an update on 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.

12 brokerages have issued 1 year price targets for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they anticipate Bloomin' Brands' stock price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for Bloomin' Brands.

12 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloomin' Brands.

Headlines about BLMN stock have been trending positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. 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 news impact score of 2.5 on InfoTrie's scale. They also assigned media coverage about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,640,000 shares, an increase of 11.8% from the December 15th total of 4,150,000 shares. Based on an average daily trading volume, of 961,000 shares, the short-interest ratio is currently 4.8 days. Approximately 5.8% of the company's stock 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), Papa John's Int'l (PZZA), Jack in the Box (JACK), Cheesecake Factory (CAKE), 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), Intelsat (I), Comcast (CMCSA), AMC Entertainment (AMC), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), Tesla (TSLA), 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 Dalton Greiner Hartman Maher & Co. (0.82%), Wedge Capital Management L L P NC (0.59%), State of Alaska Department of Revenue (0.08%), 6 Meridian (0.04%) and Cerebellum GP LLC (0.02%). 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 Wedge Capital Management L L P NC and State of Alaska Department of Revenue. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Cerebellum GP LLC and 6 Meridian. 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 $22.19.

Bloomin' Brands has a market capitalization of $1.93 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]