Bloomin' Brands Stock Forecast, Price & News

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BLMN stock has increased by 81.1% and is now trading at $21.2850.
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15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 1 sell rating, 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bloomin' Brands stock.
View analyst ratings for Bloomin' Brands or view MarketBeat's top 5 stock picks.

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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.

Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Bloomin' Brands.

Bloomin' Brands, Inc. (NASDAQ:BLMN) released its quarterly earnings results on Friday, October, 23rd. The restaurant operator reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.32) by $0.20. The restaurant operator had revenue of $771.30 million for the quarter, compared to analysts' expectations of $752.87 million. Bloomin' Brands had a negative net margin of 3.45% and a negative trailing twelve-month return on equity of 39.30%. The business's quarterly revenue was down 20.2% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share.
View Bloomin' Brands' earnings history.

Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Stockholders 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 3.76%. 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 pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.91%. The dividend payout ratio of Bloomin' Brands is 12.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 21.28% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend.
View Bloomin' Brands' dividend history.

15 Wall Street analysts have issued 1-year price targets for Bloomin' Brands' shares. Their forecasts range from $12.00 to $27.50. On average, they expect Bloomin' Brands' stock price to reach $18.17 in the next twelve months. This suggests that the stock has a possible downside of 14.7%.
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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), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE), Dine Brands Global (DIN) and Denny's (DENN).
View all of BLMN's competitors.

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 variety of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (1.27%), Wedge Capital Management L L P NC (0.55%), Xcel Wealth Management LLC (0.45%), Skyline Asset Management LP (0.07%), State of Alaska Department of Revenue (0.07%) and G&S Capital LLC (0.04%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith and Gregg Scarlett.
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., Wedge Capital Management L L P NC, State of Alaska Department of Revenue, and IFP Advisors Inc.
View insider buying and selling activity for Bloomin' Brands or view top insider-selling stocks.

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Xcel Wealth Management LLC, G&S Capital LLC, Janney Montgomery Scott LLC, Private Capital Group LLC, Huntington National Bank, and Nisa Investment Advisors LLC. 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.

One share of BLMN stock can currently be purchased for approximately $21.29.

Bloomin' Brands has a market capitalization of $1.86 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]