Bloomin' Brands Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Bloomin' Brands stock.
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Bloomin' Brands saw a increase in short interest in August. As of August 31st, there was short interest totaling 14,420,000 shares, an increase of 26.7% from the August 15th total of 11,380,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is presently 9.5 days. Approximately 17.6% of the company's stock are sold short.
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Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, October 22nd 2021.
View our earnings forecast for Bloomin' Brands.

Bloomin' Brands, Inc. (NASDAQ:BLMN) released its quarterly earnings results on Thursday, July, 29th. The restaurant operator reported $0.81 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.14. The restaurant operator had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.05 billion. Bloomin' Brands had a net margin of 3.28% and a trailing twelve-month return on equity of 251.96%. Bloomin' Brands's revenue was up 86.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.74) earnings per share.
View Bloomin' Brands' earnings history.

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BLMN stock has increased by 116.3% and is now trading at $25.41.
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Bloomin' Brands issued an update on its third quarter 2021 earnings guidance on Friday, August, 6th. The company provided EPS guidance of $0.500-$ for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.300. The company issued revenue guidance of $1.02 B-, compared to the consensus revenue estimate of $983.83 million.

11 brokers have issued 12 month price targets for Bloomin' Brands' stock. Their forecasts range from $20.00 to $41.00. On average, they anticipate Bloomin' Brands' share price to reach $32.32 in the next year. This suggests a possible upside of 27.2% from the stock's current price.
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22 employees have rated Bloomin' Brands CEO David Deno on Glassdoor.com. David Deno has an approval rating of 48% among Bloomin' Brands' employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Bloomin' Brands include McDonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Darden Restaurants (DRI), Domino's Pizza (DPZ), Texas Roadhouse (TXRH), The Wendy's (WEN), Papa John's International (PZZA), Cracker Barrel Old Country Store (CBRL), The Cheesecake Factory (CAKE), Brinker International (EAT), Jack in the Box (JACK), Dine Brands Global (DIN) and Denny's (DENN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Coty (COTY), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Exxon Mobil (XOM), Carnival Co. & (CCL), The Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL).

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. (14.44%), Vanguard Group Inc. (11.53%), Invesco Ltd. (4.05%), State Street Corp (3.21%), Dimensional Fund Advisors LP (2.38%) and Bank of New York Mellon Corp (2.38%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith, Gregg Scarlett and Kelly Lefferts.
View institutional ownership trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., Citadel Advisors LLC, JPMorgan Chase & Co., Lisanti Capital Growth LLC, Clearbridge Investments LLC, Laurion Capital Management LP, and Bank of New York Mellon Corp. Company insiders that have sold Bloomin' Brands company stock in the last year include Elizabeth A Smith, Gregg Scarlett, and Kelly Lefferts.
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BLMN stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Jefferies Group LLC, Vanguard Group Inc., Islet Management LP, Bank of Montreal Can, Citigroup Inc., American Century Companies Inc., and Point72 Asset Management L.P.. 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 or or view top insider-buying stocks.

Shares of BLMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BLMN stock can currently be purchased for approximately $25.41.

Bloomin' Brands has a market capitalization of $2.27 billion and generates $3.17 billion in revenue each year. The restaurant operator earns $-158,710,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

Bloomin' Brands employs 77,000 workers across the globe.

The official website for Bloomin' Brands is www.bloominbrands.com.

Bloomin' Brands is headquartered at 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607.

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]