NASDAQ:BLMNBloomin' Brands Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $8.98 +1.30 (+16.93 %) (As of 04/9/2020 03:36 PM ET) Add Compare Share Today's Range$8.26Now: $8.98▼$9.9150-Day Range$4.82MA: $12.70▼$23.4652-Week Range$4.54Now: $8.98▼$24.29Volume4.05 million shsAverage Volume3.50 million shsMarket Capitalization$781.53 millionP/E Ratio6.24Dividend Yield7.39%Beta1.2 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.90, Bloomin' Brands has a potential upside of 127.2% from its current price of $9.20.Amount of Analyst CoverageBloomin' Brands has only been the subject of 4 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesBloomin' Brands has received 481 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBloomin' Brands has received 479 “underperform” votes. (Add your “underperform” vote.)Community SentimentBloomin' Brands has received 50.10% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 7.39%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBloomin' Brands has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 32.47 %. 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 34.48 % next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend. Previous Next 1.0 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 4.39% of the stock of Bloomin' Brands is held by insiders.Percentage Held by Institutions96.17% of the stock of Bloomin' Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to grow by 457.69% in the coming year, from $0.26 to $1.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 6.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 6.39, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 17.11.Price to Earnings Growth RatioBloomin' Brands has a PEG Ratio of 3.22. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.66 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNASDAQ:BLMN Previous Symbol CUSIP09423510 CIK1546417 Webhttp://www.bloominbrands.com/ Phone813-282-1225Debt Debt-to-Equity Ratio12.97 Current Ratio0.35 Quick Ratio0.26Price-To-Earnings Trailing P/E Ratio6.24 Forward P/E Ratio34.54 P/E Growth3.22 Sales & Book Value Annual Sales$4.14 billion Price / Sales0.19 Cash Flow$5.54 per share Price / Cash Flow1.62 Book Value$2.04 per share Price / Book4.40Profitability EPS (Most Recent Fiscal Year)$1.54 Net Income$130.57 million Net Margins3.15% Return on Equity74.91% Return on Assets3.92%Miscellaneous Employees94,000 Outstanding Shares87,030,000Market Cap$781.53 million Next Earnings Date4/24/2020 (Estimated) OptionableOptionable Receive BLMN News and Ratings via Email Sign-up to receive the latest news and ratings for BLMN and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:BLMN Rates by TradingView Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions How has Bloomin' Brands' stock been impacted by COVID-19 (Coronavirus)? Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BLMN shares have decreased by 21.7% and is now trading at $9.20. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Bloomin' Brands? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bloomin' Brands. When is Bloomin' Brands' next earnings date? Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Bloomin' Brands. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands Inc (NASDAQ:BLMN) released its earnings results on Tuesday, February, 18th. The restaurant operator reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.03. The restaurant operator earned $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. Bloomin' Brands had a net margin of 3.15% and a return on equity of 74.91%. The company's revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 EPS. View Bloomin' Brands' earnings history. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Investors of record on Friday, February 28th will be given a dividend of $0.20 per share on Friday, March 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from Bloomin' Brands's previous quarterly dividend of $0.10. View Bloomin' Brands' dividend history. What guidance has Bloomin' Brands issued on next quarter's earnings? Bloomin' Brands issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $1.85-$1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.72. What price target have analysts set for BLMN? 11 equities research analysts have issued twelve-month target prices for Bloomin' Brands' shares. Their forecasts range from $11.00 to $30.00. On average, they anticipate Bloomin' Brands' stock price to reach $20.90 in the next twelve months. This suggests a possible upside of 127.2% from the stock's current price. View analysts' price targets for Bloomin' Brands. Has Bloomin' Brands been receiving favorable news coverage? News coverage about BLMN stock has been trending very negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bloomin' Brands earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutBloomin' Brands. Are investors shorting Bloomin' Brands? Bloomin' Brands saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 5,060,000 shares, an increase of 62.7% from the February 13th total of 3,110,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 6.3% of the company's stock are short sold. View Bloomin' Brands' Current Options Chain. Who are some of Bloomin' Brands' key competitors? Some companies that are related to Bloomin' Brands include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), 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 Int'l (PZZA), Jack in the Box (JACK), Cheesecake Factory (CAKE), Dine Brands Global (DIN) and Brinker International (EAT). 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 Bank of America (BAC), AT&T (T), AMC Entertainment (AMC), Intelsat (I), Comcast (CMCSA), Exxon Mobil (XOM), Energy Transfer LP Unit (ET), Tesla (TSLA), Caterpillar (CAT) and Coty (COTY). Who are Bloomin' Brands' key executives? Bloomin' Brands' management team includes the following people: Ms. Elizabeth A. Smith, CEO & Chairman (Age 56)Mr. David J. Deno, Exec. VP and Chief Financial & Admin. Officer (Age 61)Mr. Sukhdev Singh, Exec. VP & Chief Devel. Officer of International and Franchising (Age 55)Mr. Donagh M. Herlihy, Exec. VP & Chief Information Officer (Age 55)Mark Graff, VP of Investor Relations and Corp. Fin. What is Bloomin' Brands' stock symbol? Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN." Who are Bloomin' Brands' major shareholders? Bloomin' Brands' stock is owned by many different retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.80%), Xcel Wealth Management LLC (0.18%) and State of Alaska Department of Revenue (0.09%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith and Mindy F Grossman. 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 Dalton Greiner Hartman Maher & Co.. View insider buying and selling activity 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 Xcel Wealth Management LLC, and State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Bloomin' Brands' stock price today? One share of BLMN stock can currently be purchased for approximately $9.20. How big of a company is Bloomin' Brands? Bloomin' Brands has a market capitalization of $800.68 million 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. View additional information about Bloomin' Brands. 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] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Stock Portfolio Tracker
