NASDAQ:BLMNBloomin' Brands Stock Price, Forecast & News

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BLMN stock has decreased by 17.5% and is now trading at $9.69. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 7 hold ratings and 7 buy ratings 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, July 24th 2020. View our earnings forecast for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Friday, July 24th 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) posted its quarterly earnings results on Friday, May, 8th. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.14. The restaurant operator earned $1.01 billion during the quarter, compared to analysts' expectations of $575.35 million. Bloomin' Brands had a return on equity of 57.88% and a net margin of 0.79%. Bloomin' Brands's revenue was down 10.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 EPS. View Bloomin' Brands' earnings history.

Bloomin' Brands declared 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 yield of 8.26%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.10. View Bloomin' Brands' dividend history.

Bloomin' Brands issued an update on its first quarter earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of $0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.19.

14 Wall Street analysts have issued 1 year price objectives for Bloomin' Brands' shares. Their forecasts range from $10.00 to $25.00. On average, they expect Bloomin' Brands' stock price to reach $14.07 in the next twelve months. This suggests a possible upside of 45.2% from the stock's current price. View analysts' price targets for Bloomin' Brands.

News coverage about BLMN stock has trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Bloomin' Brands earned a news impact score of -2.3 on InfoTrie's scale. They also gave news headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Bloomin' Brands.

Bloomin' Brands saw a increase in short interest in June. As of June 30th, there was short interest totaling 10,430,000 shares, an increase of 5.7% from the June 15th total of 9,870,000 shares. Based on an average trading volume of 4,210,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 13.0% of the company's stock are sold short. View Bloomin' Brands' Current Options Chain.

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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), 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 Bank of America (BAC), AT&T (T), Exxon Mobil (XOM), Walt Disney (DIS), Ford Motor (F), AMC Entertainment (AMC), Target (TGT), Tesla (TSLA), Caterpillar (CAT) and Carnival (CCL).

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

Bloomin' Brands' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (1.39%), Envestnet Asset Management Inc. (0.02%) and 6 Meridian (0.01%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, 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 Reinhart Partners Inc., and 6 Meridian. View insider buying and selling activity for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $9.69.

Bloomin' Brands has a market capitalization of $847.74 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.

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]