NASDAQ:BLMN - Bloomin' Brands Stock Price, Price Target & More

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

Bloomin' Brands announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Monday, May 7th will be given a dividend of $0.09 per share on Friday, May 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Friday, May 4th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its board has authorized a share buyback plan on Friday, February 23rd 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's management believes its stock is undervalued.

Bloomin' Brands (NASDAQ:BLMN) released its earnings results on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping the Zacks' consensus estimate of $0.58 by $0.13. The restaurant operator earned $1.12 billion during the quarter, compared to analysts' expectations of $1.10 billion. Bloomin' Brands had a return on equity of 198.45% and a net margin of 2.91%. The company's revenue was down 3.3% compared to the same quarter last year. During the same period last year, the business earned $0.58 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40.

11 Wall Street analysts have issued 12-month target prices for Bloomin' Brands' shares. Their predictions range from $18.00 to $28.00. On average, they expect Bloomin' Brands' stock price to reach $23.8750 in the next year. View Analyst Ratings for Bloomin' Brands.

Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Wingstop (WING), Arcos Dorados (ARCO), Dine Brands Global (DIN), MITCHELLS &BUTLERS (MBPFF), Sonic Drive-In (SONC), BJ's Restaurants (BJRI) and Denny's (DENN).

Media coverage about BLMN stock has trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bloomin' Brands earned a media sentiment score of 0.24 on Accern's scale. They also gave media coverage about the restaurant operator an impact score of 46.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Bloomin' Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.16%), Earnest Partners LLC (5.78%), LSV Asset Management (3.17%), Dimensional Fund Advisors LP (3.07%), Millennium Management LLC (2.65%) and Ceredex Value Advisors LLC (2.60%). Company insiders that own Bloomin' Brands stock include Chris Thomas Sullivan, Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Point72 Asset Management L.P., Sei Investments Co., JPMorgan Chase & Co., UBS Group AG, Prudential Financial Inc., Alambic Investment Management L.P. and BlackRock Inc.. Company insiders that have sold Bloomin' Brands company stock in the last year include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Michael Kappitt. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Millennium Management LLC, Landscape Capital Management L.L.C., Russell Investments Group Ltd., Mackay Shields LLC, Earnest Partners LLC, Summit Trail Advisors LLC and GSA Capital Partners LLP. 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, Scottrade, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $22.54.

Bloomin' Brands has a market capitalization of $2.09 billion and generates $4.21 billion in revenue each year. The restaurant operator earns $100.24 million in net income (profit) each year or $1.36 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.

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]