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

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

Bloomin' Brands announced a quarterly dividend on Thursday, October 24th. Investors of record on Monday, November 18th will be paid a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands announced that its Board of Directors has approved a stock repurchase program on Friday, February 23rd 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) announced its quarterly earnings data on Wednesday, November, 6th. The restaurant operator reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to analysts' expectations of $967.04 million. The business's revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $0.08 EPS. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 Wall Street analysts have issued twelve-month target prices for Bloomin' Brands' shares. Their forecasts range from $20.00 to $25.00. On average, they expect Bloomin' Brands' stock price to reach $22.56 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

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.

News stories about BLMN stock have trended somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bloomin' Brands earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,900,000 shares, an increase of 5.6% from the January 15th total of 4,640,000 shares. Based on an average daily volume of 937,300 shares, the days-to-cover ratio is currently 5.2 days. Approximately 6.1% of the shares of the company are short sold. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Del Frisco's Restaurant Group (DFRG), Biglari (BH), BJ's Restaurants (BJRI), Brinker International (EAT), Carrols Restaurant Group (TAST), Cheesecake Factory (CAKE), Chipotle Mexican Grill (CMG), Chuy's (CHUY), Cracker Barrel Old Country Store (CBRL), Darden Restaurants (DRI), Denny's (DENN), Dine Brands Global (DIN), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN) and Fiesta Restaurant Group (FRGI).

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), AMC Entertainment (AMC), Exxon Mobil (XOM), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), AT&T (T) and Tesla (TSLA).

Bloomin' Brands' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.04%), Rothschild & Co. Asset Management US Inc. (2.25%), Westwood Holdings Group Inc. (2.24%), Copeland Capital Management LLC (1.81%), Bank of New York Mellon Corp (1.51%) and Bessemer Group Inc. (1.29%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt 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 Ceredex Value Advisors LLC, Russell Investments Group Ltd., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Rothschild & Co. Asset Management US Inc., Westwood Holdings Group Inc., Mutual of America Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Reinhart Partners Inc., Dalton Greiner Hartman Maher & Co., LSV Asset Management, Great West Life Assurance Co. Can, Foundry Partners LLC, Landscape Capital Management L.L.C. and Cubist Systematic Strategies LLC. View Insider Buying and Selling 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 $21.54.