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

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$18.37 +0.14 (+0.77 %)
(As of 05/26/2019 07:48 AM ET)
Previous Close$18.37
Today's Range$18.10 - $18.88
52-Week Range$17.08 - $23.16
Volume1.97 million shs
Average Volume1.35 million shs
Market Capitalization$1.68 billion
P/E Ratio12.25
Dividend Yield2.19%
Beta0.3
Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 31, 2017, the company owned and operated 1,075 restaurants and franchised 165 restaurants. Bloomin' Brands, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:BLMN
CUSIP09423510
Phone813-282-1225

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.13 billion
Cash Flow$3.5809 per share
Book Value$2.75 per share

Profitability

Net Income$107.10 million

Miscellaneous

Employees93,000
Market Cap$1.68 billion
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable

Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions

What is Bloomin' Brands' stock symbol?

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

How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?

Bloomin' Brands declared a quarterly dividend on Friday, May 3rd. Investors of record on Monday, May 13th will be given a dividend of $0.10 per share on Friday, May 24th. This represents a $0.40 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, May 10th. View Bloomin' Brands' Dividend History.

How will Bloomin' Brands' stock buyback program work?

Bloomin' Brands declared that its Board of Directors has initiated a stock repurchase program 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 purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands Inc (NASDAQ:BLMN) announced its quarterly earnings data on Friday, April, 26th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.02. The restaurant operator earned $1.13 billion during the quarter, compared to analyst estimates of $1.12 billion. Bloomin' Brands had a net margin of 2.56% and a return on equity of 124.00%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 earnings per share. View Bloomin' Brands' Earnings History.

When is Bloomin' Brands' next earnings date?

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Bloomin' Brands.

What guidance has Bloomin' Brands issued on next quarter's earnings?

Bloomin' Brands updated its FY19 earnings guidance on Friday, April, 26th. The company provided EPS guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. Bloomin' Brands also updated its FY 2019 guidance to $1.53-1.61 EPS.

What price target have analysts set for BLMN?

12 Wall Street analysts have issued twelve-month target prices for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they expect Bloomin' Brands' share price to reach $21.6667 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

What is the consensus analysts' recommendation for Bloomin' Brands?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.

Has Bloomin' Brands been receiving favorable news coverage?

Press coverage about BLMN stock has trended negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bloomin' Brands earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next several days.

Who are some of Bloomin' Brands' key competitors?

What other stocks do shareholders of Bloomin' Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), AMC Entertainment (AMC), Intelsat (I), Comcast (CMCSA), Fossil Group (FOSL), Tesla (TSLA), Associated British Foods (ABF), Chaarat Gold (CGH), Apollo Global Management (APO) and Ciena (CIEN).

Who are Bloomin' Brands' key executives?

Bloomin' Brands' management team includes the folowing people:
  • Ms. Elizabeth A. Smith, CEO & Chairman (Age 56)
  • Mr. David J. Deno, Exec. VP and Chief Financial & Admin. Officer (Age 61)
  • Mr. Sukhdev Singh, Exec. VP & Chief Devel. Officer of International and Franchising (Age 55)
  • Mr. Donagh M. Herlihy, Exec. VP & Chief Information Officer (Age 55)
  • Mark Graff, VP of Investor Relations and Corp. Fin.

Who are Bloomin' Brands' major shareholders?

Bloomin' Brands' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.15%), Dimensional Fund Advisors LP (3.36%), Westwood Holdings Group Inc. (2.30%), Rothschild & Co. Asset Management US Inc. (2.21%), Voya Investment Management LLC (1.57%) and Fort Washington Investment Advisors Inc. OH (1.52%). Company insiders that own Bloomin' Brands stock include Christopher W Brandt, 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.

Which major investors are selling Bloomin' Brands stock?

BLMN stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Barington Capital Group L.P., Wellington Management Group LLP, Marshall Wace North America L.P., Oxford Asset Management LLP, Voya Investment Management LLC, Man Group plc and Marshall Wace LLP. Company insiders that have sold Bloomin' Brands company stock in the last year include David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith and Mindy F Grossman. View Insider Buying and Selling for Bloomin' Brands.

Which major investors are buying Bloomin' Brands stock?

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Daruma Capital Management LLC, Copeland Capital Management LLC, BlackRock Inc., Jacobs Levy Equity Management Inc., Spark Investment Management LLC, Maverick Capital Ltd., JPMorgan Chase & Co. and Hsbc Holdings PLC. View Insider Buying and Selling for Bloomin' Brands.

How do I buy shares of 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.

What is Bloomin' Brands' stock price today?

One share of BLMN stock can currently be purchased for approximately $18.37.

How big of a company is Bloomin' Brands?

Bloomin' Brands has a market capitalization of $1.68 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.

What is Bloomin' Brands' official website?

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

How can I contact Bloomin' Brands?

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]


MarketBeat Community Rating for Bloomin' Brands (NASDAQ BLMN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  429 (Vote Outperform)
Underperform Votes:  386 (Vote Underperform)
Total Votes:  815
MarketBeat's community ratings are surveys of what our community members think about Bloomin' Brands and other stocks. Vote "Outperform" if you believe BLMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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