About Bloomin' Brands (NASDAQ:BLMN)
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.
Industry, Sector and Symbol
Industry Eating places
Trailing P/E Ratio16.40
Forward P/E Ratio15.59
Sales & Book Value
Annual Sales$4.21 billion
Price / Sales0.49
Cash Flow$3.9192 per share
Price / Cash5.69
Book Value$0.54 per share
Price / Book41.30
EPS (Most Recent Fiscal Year)$1.36
Net Income$100.24 million
Return on Equity198.45%
Return on Assets5.88%
Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions
What is Bloomin' Brands' stock symbol?
Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN."
How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?
Bloomin' Brands declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Monday, May 7th will be given a dividend of $0.09 per share on Friday, May 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, May 4th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.
How will Bloomin' Brands' stock buyback program work?
Bloomin' Brands declared that its board has initiated a stock buyback plan on Friday, February 23rd 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.
How were Bloomin' Brands' earnings last quarter?
Bloomin' Brands (NASDAQ:BLMN) announced its quarterly earnings data on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.13. The restaurant operator had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.10 billion. Bloomin' Brands had a net margin of 2.91% and a return on equity of 198.45%. The company's revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. View Bloomin' Brands' Earnings History.
When is Bloomin' Brands' next earnings date?
What guidance has Bloomin' Brands issued on next quarter's earnings?
Bloomin' Brands updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40.
What price target have analysts set for BLMN?
11 brokerages have issued 12 month target prices for Bloomin' Brands' shares. Their predictions range from $18.00 to $28.00. On average, they anticipate Bloomin' Brands' stock price to reach $23.8750 in the next twelve months. View Analyst Ratings for Bloomin' Brands.
Who are some of Bloomin' Brands' key competitors?
Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Arcos Dorados (ARCO), Wingstop (WING), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), Sonic Drive-In (SONC), BJ's Restaurants (BJRI) and Denny's (DENN).
Who are Bloomin' Brands' key executives?
Bloomin' Brands' management team includes the folowing people:
- Ms. Elizabeth A. Smith, Chairman, CEO & Pres (Age 55)
- Mr. David J. Deno, Exec. VP, Chief Financial & Admin. Officer & Principal Accounting Officer (Age 60)
- Mr. Sukhdev Singh, Exec. VP & Global Chief Devel. and Franchising Officer (Age 54)
- Mr. Donagh M. Herlihy, Exec. VP & CTO (Age 54)
- Mr. Joseph J. Kadow, Exec. VP, Chief Legal Officer & Assistant Sec. (Age 61)
Has Bloomin' Brands been receiving favorable news coverage?
Media coverage about BLMN stock has trended somewhat positive this week, Accern reports. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bloomin' Brands earned a news impact score of 0.14 on Accern's scale. They also assigned news articles about the restaurant operator an impact score of 45.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Bloomin' Brands' major shareholders?
Bloomin' Brands' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.16%), Earnest Partners LLC (5.78%), LSV Asset Management (3.17%), Dimensional Fund Advisors LP (3.07%), Millennium Management LLC (2.65%) and Ceredex Value Advisors LLC (2.60%). Company insiders that own Bloomin' Brands stock include Chris Thomas Sullivan, Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Sukhdev Singh. 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 LSV Asset Management, Point72 Asset Management L.P., Sei Investments Co., JPMorgan Chase & Co., UBS Group AG, Prudential Financial Inc., Alambic Investment Management L.P. and BlackRock Inc.. Company insiders that have sold Bloomin' Brands company stock in the last year include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Michael Kappitt. View Insider Buying and Selling for Bloomin' Brands.
Which institutional investors are buying Bloomin' Brands stock?
BLMN stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Millennium Management LLC, Landscape Capital Management L.L.C., Russell Investments Group Ltd., Mackay Shields LLC, Earnest Partners LLC, Summit Trail Advisors LLC and GSA Capital Partners LLP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Bloomin' Brands' stock price today?
One share of BLMN stock can currently be purchased for approximately $22.30.
How big of a company is Bloomin' Brands?
Bloomin' Brands has a market capitalization of $2.07 billion and generates $4.21 billion in revenue each year. The restaurant operator earns $100.24 million in net income (profit) each year or $1.36 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.
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]
MarketBeat Community Rating for Bloomin' Brands (BLMN)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.