NASDAQ:BLMN - Bloomin' Brands Stock Price, News, & Analysis

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$19.77 +0.24 (+1.23 %)
(As of 03/26/2019 08:00 AM ET)
Previous Close$19.53
Today's Range$19.41 - $19.85
52-Week Range$17.08 - $25.00
Volume1.25 million shs
Average Volume1.56 million shs
Market Capitalization$1.81 billion
P/E Ratio13.18
Dividend Yield2.05%
Beta0.33
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.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:BLMN
CUSIP09423510
Phone813-282-1225

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.13 billion
Cash Flow$4.1017 per share
Book Value$0.60 per share

Profitability

Net Income$107.10 million

Miscellaneous

Employees93,000
Market Cap$1.81 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Friday, February 15th. Shareholders of record on Monday, February 25th will be paid a dividend of $0.10 per share on Friday, March 8th. This represents a $0.40 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, February 22nd. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.09. View Bloomin' Brands' Dividend History.

How will Bloomin' Brands' stock buyback program work?

Bloomin' Brands declared that its board has initiated a share repurchase program on Friday, February 23rd 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings results on Thursday, February, 14th. The restaurant operator reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.04. The restaurant operator earned $1.01 billion during the quarter, compared to analyst estimates of $1 billion. Bloomin' Brands had a net margin of 2.60% and a return on equity of 178.97%. The business's revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 EPS. View Bloomin' Brands' Earnings History.

When is Bloomin' Brands' next earnings date?

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Bloomin' Brands.

What guidance has Bloomin' Brands issued on next quarter's earnings?

Bloomin' Brands issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51. Bloomin' Brands also updated its FY 2019 guidance to $1.53-1.61 EPS.

What price target have analysts set for BLMN?

10 analysts have issued 1 year price objectives for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they expect Bloomin' Brands' share price to reach $21.6250 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

What is the consensus analysts' recommendation for Bloomin' Brands?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.

Has Bloomin' Brands been receiving favorable news coverage?

News stories about BLMN stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news 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 coverage optimism score of -1.5 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of Bloomin' Brands' key competitors?

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), Intelsat (I), Comcast (CMCSA), Fossil Group (FOSL), AMC Entertainment (AMC), Chaarat Gold (CGH), Tesla (TSLA), Apollo Global Management (APO), Associated British Foods (ABF) and Ciena (CIEN).

Who are Bloomin' Brands' key executives?

Bloomin' Brands' management team includes the folowing 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.

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. (7.50%), Millennium Management LLC (3.72%), Dimensional Fund Advisors LP (3.25%), Prudential Financial Inc. (2.70%), D. E. Shaw & Co. Inc. (2.36%) and LSV Asset Management (2.26%). Company insiders that own Bloomin' Brands stock include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt, Mindy F Grossman and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

Which major investors are selling Bloomin' Brands stock?

BLMN stock was sold by a variety of institutional investors in the last quarter, including Tyvor Capital LLC, Millennium Management LLC, LSV Asset Management, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., Wedge Capital Management L L P NC, GSA Capital Partners LLP and Public Employees Retirement System of Ohio. Company insiders that have sold Bloomin' Brands company stock in the last year include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Mindy F Grossman. View Insider Buying and Selling for Bloomin' Brands.

Which major investors are buying Bloomin' Brands stock?

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Prudential Financial Inc., Canada Pension Plan Investment Board, Rothschild & Co. Asset Management US Inc., D. E. Shaw & Co. Inc., Fort Washington Investment Advisors Inc. OH, Burney Co. and Dimensional Fund Advisors LP. 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 $19.77.

How big of a company is Bloomin' Brands?

Bloomin' Brands has a market capitalization of $1.81 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.

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]


MarketBeat Community Rating for Bloomin' Brands (NASDAQ BLMN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  421 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  792
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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