NASDAQ:BLMN - Bloomin' Brands Stock Price, Forecast & 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 shares have decreased by 47.8% and is now trading at $6.13. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 4 hold ratings and 6 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, April 24th 2020. View our earnings forecast for Bloomin' Brands.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its quarterly earnings data on Tuesday, February, 18th. The restaurant operator reported $0.32 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.03. The restaurant operator had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.03 billion. Bloomin' Brands had a net margin of 3.15% and a return on equity of 74.91%. Bloomin' Brands's quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the company posted $0.30 EPS. View Bloomin' Brands' earnings history.

Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Investors 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 dividend on an annualized basis and a yield of 13.05%. 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.

Bloomin' Brands issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share (EPS) guidance of $1.85-$1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.72.

10 brokerages have issued 12 month price targets for Bloomin' Brands' stock. Their forecasts range from $20.00 to $30.00. On average, they expect Bloomin' Brands' stock price to reach $23.44 in the next twelve months. This suggests a possible upside of 282.5% from the stock's current price. View analysts' price targets for Bloomin' Brands.

News stories about BLMN stock have been trending neutral recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring 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 nearest to five being the most favorable. Bloomin' Brands earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutBloomin' Brands.

Bloomin' Brands saw a increase in short interest in 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 volume of 1,100,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 6.3% of the shares of the company are sold short. 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), 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), Cheesecake Factory (CAKE), Jack in the Box (JACK), Dine Brands Global (DIN) and Denny's (DENN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Intelsat (I), AT&T (T), AMC Entertainment (AMC), Comcast (CMCSA), Energy Transfer LP Unit (ET), Ford Motor (F), Exxon Mobil (XOM), Fossil Group (FOSL) and Abercrombie & Fitch (ANF).

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

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 $6.13.

Bloomin' Brands has a market capitalization of $533.49 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.

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]