Bloomin' Brands Stock Forecast, Price & News

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLMN stock has increased by 53.2% and is now trading at $18.00.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Bloomin' Brands or view MarketBeat's top 5 stock picks.

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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) issued its quarterly earnings results on Friday, October, 23rd. The restaurant operator reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.32) by $0.20. The restaurant operator earned $771.30 million during the quarter, compared to analysts' expectations of $752.87 million. Bloomin' Brands had a negative net margin of 3.45% and a negative return on equity of 39.30%. The firm's revenue for the quarter was down 20.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 EPS.
View Bloomin' Brands' earnings history.

Bloomin' Brands announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Friday, February 28th will be given 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 4.44%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.10.
View Bloomin' Brands' dividend history.

15 analysts have issued 12-month target prices for Bloomin' Brands' stock. Their forecasts range from $12.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $17.33 in the next twelve months. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for Bloomin' Brands.

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), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE) and Dine Brands Global (DIN).
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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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.59%), Jana Partners LLC (6.51%), State Street Corp (3.07%), Westwood Holdings Group Inc. (2.90%), Arrowstreet Capital Limited Partnership (2.66%) and Scopus Asset Management L.P. (1.88%). 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 Jana Partners LLC, BlackRock Inc., Westwood Holdings Group Inc., LSV Asset Management, Foundry Partners LLC, Samlyn Capital LLC, Rothschild & Co. Asset Management US Inc., and State Street Corp.
View insider buying and selling activity for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., J. Goldman & Co LP, Arrowstreet Capital Limited Partnership, Voloridge Investment Management LLC, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Victory Capital Management Inc., and SPX Equities Gestao de Recursos Ltda. 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 $18.00.

Bloomin' Brands has a market capitalization of $1.58 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]