Bloomin' Brands Stock Forecast, Price & News

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLMN stock has increased by 45.6% and is now trading at $17.11.
View which stocks have been most impacted by COVID-19.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 7 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Bloomin' Brands.

Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
View our earnings forecast for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Friday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its quarterly earnings data on Friday, July, 24th. The restaurant operator reported ($0.74) EPS for the quarter, beating the consensus estimate of ($1.15) by $0.41. The restaurant operator earned $578.50 million during the quarter, compared to analysts' expectations of $591.05 million. Bloomin' Brands had a negative return on equity of 10.37% and a negative net margin of 2.51%. Bloomin' Brands's quarterly revenue was down 43.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.36 earnings per share.
View Bloomin' Brands' earnings history.

Bloomin' Brands announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.20 per share on Friday, March 13th. This represents a $0.80 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Thursday, February 27th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.10.
View Bloomin' Brands' dividend history.

16 brokerages have issued 12-month target prices for Bloomin' Brands' stock. Their forecasts range from $10.00 to $25.00. On average, they anticipate Bloomin' Brands' stock price to reach $15.33 in the next year. This suggests that the stock has a possible downside of 10.4%.
View analysts' price targets for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 13,330,000 shares, an increase of 13.6% from the August 31st total of 11,730,000 shares. Based on an average trading volume of 3,000,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 16.6% of the company's stock are sold short.
View Bloomin' Brands' Short Interest.

Some companies that are related to Bloomin' Brands include McDonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin' Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE) and Dine Brands Global (DIN).
View all competitors.

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), The Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL).

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

Bloomin' Brands' stock is owned by many different institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.63%), State of Alaska Department of Revenue (0.09%), Louisiana State Employees Retirement System (0.04%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith, Gregg Scarlett 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, State of Alaska Department of Revenue, and Envestnet Asset Management Inc..
View insider buying and selling activity for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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.

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 $17.11.

Bloomin' Brands has a market capitalization of $1.50 billion and generates $4.14 billion in revenue each year. The restaurant operator earns $130.57 million in net income (profit) each year or $1.54 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.

The official website for Bloomin' Brands is 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]