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 shares have increased by 16.8% and is now trading at $13.72. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 5 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 Wednesday, July 29th 2020. View our earnings forecast for Bloomin' Brands.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings results on Friday, May, 8th. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. View Bloomin' Brands' earnings history.

Bloomin' Brands announced a quarterly dividend on Wednesday, February 19th. Shareholders 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 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend 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 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 earnings per share estimate of $0.19.

12 Wall Street analysts have issued 1-year price targets for Bloomin' Brands' shares. Their forecasts range from $10.00 to $25.00. On average, they expect Bloomin' Brands' share price to reach $14.08 in the next year. This suggests a possible upside of 2.6% from the stock's current price. View analysts' price targets for Bloomin' Brands.

Media headlines about BLMN stock have trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bloomin' Brands earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutBloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,310,000 shares, an increase of 10.3% from the April 30th total of 5,720,000 shares. Based on an average daily trading volume, of 3,080,000 shares, the short-interest ratio is currently 2.0 days. Approximately 7.9% of the shares of the stock are short sold. 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), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.75%), Jana Partners LLC (9.13%), State Street Corp (3.28%), Deprince Race & Zollo Inc. (2.49%), Rothschild & Co. Asset Management US Inc. (1.95%) and Reinhart Partners Inc. (1.68%). Company insiders that own Bloomin' Brands stock include 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 Alliancebernstein L.P., Bessemer Group Inc., Morgan Stanley, Morgan Stanley, UBS Group AG, Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., and BlackRock Inc.. View insider buying and selling activity for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Jana Partners LLC, Deprince Race & Zollo Inc., Reinhart Partners Inc., Prentice Capital Management LP, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co., Canada Pension Plan Investment Board, and Foundry Partners LLC. 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 $13.72.

Bloomin' Brands has a market capitalization of $1.20 billion 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]