NASDAQ:BLMNBloomin' Brands Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bloomin' Brands Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.06 +0.23 (+2.12 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$10.93Now: $11.06▼$11.5950-Day Range$5.83MA: $9.77▼$13.5352-Week Range$4.54Now: $11.06▼$24.29Volume4.41 million shsAverage Volume2.63 million shsMarket Capitalization$967.48 millionP/E Ratio35.68Dividend Yield3.69%Beta1.83 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.58, Bloomin' Brands has a potential upside of 22.8% from its current price of $11.06.Amount of Analyst CoverageBloomin' Brands has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesBloomin' Brands has received 488 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBloomin' Brands has received 492 “underperform” votes. (Add your “underperform” vote.)Community SentimentBloomin' Brands has received 50.20% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBloomin' Brands has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 25.97 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 66.67 % next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloomin' Brands insiders have bought more of their company's stock than they have sold. Specifically, they have bought $108,100.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.39% of the stock of Bloomin' Brands is held by insiders.Percentage Held by Institutions88.61% of the stock of Bloomin' Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to grow in the coming year, from ($1.64) to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 35.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 35.68, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.63.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 5.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.87 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNASDAQ:BLMN Previous Symbol CUSIP09423510 CIK1546417 Webwww.bloominbrands.com Phone813-282-1225Debt Debt-to-Equity Ratio26.67 Current Ratio0.68 Quick Ratio0.60Price-To-Earnings Trailing P/E Ratio35.68 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$4.14 billion Price / Sales0.23 Cash Flow$4.29 per share Price / Cash Flow2.58 Book Value$2.04 per share Price / Book5.42Profitability EPS (Most Recent Fiscal Year)$1.54 Net Income$130.57 million Net Margins0.79% Return on Equity57.88% Return on Assets2.37%Miscellaneous Employees94,000 Outstanding Shares87,476,000Market Cap$967.48 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:BLMN Rates by TradingView Receive BLMN News and Ratings via Email Sign-up to receive the latest news and ratings for BLMN and its competitors with MarketBeat's FREE daily newsletter. Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions How has Bloomin' Brands' stock been impacted by COVID-19 (Coronavirus)? Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BLMN stock has decreased by 5.9% and is now trading at $11.06. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Bloomin' Brands? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bloomin' Brands. When is Bloomin' Brands' next earnings date? Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Bloomin' Brands. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands Inc (NASDAQ:BLMN) announced its earnings results on Friday, May, 8th. The restaurant operator reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The restaurant operator earned $1.01 billion during the quarter, compared to analysts' expectations of $575.35 million. Bloomin' Brands had a return on equity of 57.88% and a net margin of 0.79%. The firm's revenue for the quarter was down 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. View Bloomin' Brands' earnings history. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Investors 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 7.23%. 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. What guidance has Bloomin' Brands issued on next quarter's earnings? Bloomin' Brands updated its first quarter earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of $0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.19. What price target have analysts set for BLMN? 12 brokers have issued twelve-month price targets for Bloomin' Brands' shares. Their forecasts range from $10.00 to $25.00. On average, they expect Bloomin' Brands' stock price to reach $13.58 in the next year. This suggests a possible upside of 22.8% from the stock's current price. View analysts' price targets for Bloomin' Brands. Has Bloomin' Brands been receiving favorable news coverage? Media headlines about BLMN stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bloomin' Brands earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news stories about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutBloomin' Brands. Are investors shorting Bloomin' Brands? Bloomin' Brands saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,310,000 shares, an increase of 10.3% from the April 30th total of 5,720,000 shares. Based on an average daily volume of 3,080,000 shares, the short-interest ratio is currently 2.0 days. Currently, 7.9% of the shares of the company are short sold. View Bloomin' Brands' Current Options Chain. Who are some of Bloomin' Brands' key competitors? 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), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Dine Brands Global (DIN). View all 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), AT&T (T), Exxon Mobil (XOM), Walt Disney (DIS), Ford Motor (F), AMC Entertainment (AMC), Target (TGT), Tesla (TSLA), Caterpillar (CAT) and Carnival (CCL). Who are Bloomin' Brands' key executives? Bloomin' Brands' management team includes the following 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. What is Bloomin' Brands' stock symbol? Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN." Who are Bloomin' Brands' major shareholders? Bloomin' Brands' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.75%), Jana Partners LLC (9.13%), State Street Corp (3.28%), Deprince Race & Zollo Inc. (2.49%), Rothschild & Co. Asset Management US Inc. (1.95%) and Reinhart Partners Inc. (1.68%). Company insiders that own Bloomin' Brands stock include David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett 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 Alliancebernstein L.P., Bessemer Group Inc., Morgan Stanley, Morgan Stanley, UBS Group AG, Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., and BlackRock Inc.. View insider buying and selling activity 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 Jana Partners LLC, Deprince Race & Zollo Inc., Reinhart Partners Inc., Prentice Capital Management LP, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co., Canada Pension Plan Investment Board, and Foundry Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Bloomin' Brands' stock price today? One share of BLMN stock can currently be purchased for approximately $11.06. How big of a company is Bloomin' Brands? Bloomin' Brands has a market capitalization of $967.48 million 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. What is Bloomin' Brands' official website? The official website for Bloomin' Brands is 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] This page was last updated on 5/27/2020 by MarketBeat.com Staff
