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 stock has decreased by 14.1% and is now trading at $10.09. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 7 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 Friday, July 24th 2020. View our earnings forecast for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Friday, July 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Bloomin' Brands Inc (NASDAQ:BLMN) posted its earnings results on Friday, May, 8th. The restaurant operator reported $0.14 earnings per share for the quarter, hitting analysts' consensus estimates of $0.14. The restaurant operator had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $575.35 million. Bloomin' Brands had a return on equity of 57.88% and a net margin of 0.79%. The company's revenue was down 10.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 earnings per share. 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 7.93%. The ex-dividend date is Thursday, February 27th. This is an increase from Bloomin' Brands's previous quarterly dividend of $0.10. View Bloomin' Brands' dividend history.

Bloomin' Brands updated its first quarter earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.19.

14 equities research analysts have issued 12-month price targets for Bloomin' Brands' stock. Their forecasts range from $10.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $14.07 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price. View analysts' price targets for Bloomin' Brands.

Press coverage about BLMN stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. Bloomin' Brands earned a news impact score of -1.8 on InfoTrie's scale. They also gave media coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Bloomin' Brands.

Bloomin' Brands saw a increase in short interest in June. As of June 30th, there was short interest totaling 10,430,000 shares, an increase of 5.7% from the June 15th total of 9,870,000 shares. Based on an average daily trading volume, of 4,210,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 13.0% of the company's shares are sold short. 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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), 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 variety of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (1.39%), Wedge Capital Management L L P NC (0.64%), Xcel Wealth Management LLC (0.23%), Envestnet Asset Management Inc. (0.02%) and 6 Meridian (0.01%). Company insiders that own Bloomin' Brands stock include David J Deno, 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 Reinhart Partners Inc., 6 Meridian, and Wedge Capital Management L L P NC. View insider buying and selling activity for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Xcel Wealth Management LLC, and Envestnet Asset Management Inc.. 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.

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 $10.09.

Bloomin' Brands has a market capitalization of $882.73 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.

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]