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

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

Bloomin' Brands declared a quarterly dividend on Thursday, October 24th. Shareholders of record on Monday, November 18th will be given a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, November 15th. 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 of Directors has authorized a share repurchase 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 repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) posted its quarterly earnings data on Wednesday, November, 6th. The restaurant operator reported $0.10 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to the consensus estimate of $967.04 million. Bloomin' Brands had a return on equity of 89.62% and a net margin of 2.75%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.08 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.56.

12 brokerages have issued 1 year target prices for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they expect Bloomin' Brands' stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloomin' Brands.

Media coverage about BLMN stock has trended negative on Saturday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. 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 daily sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,640,000 shares, an increase of 11.8% from the December 15th total of 4,150,000 shares. Based on an average trading volume of 961,000 shares, the short-interest ratio is presently 4.8 days. Approximately 5.8% of the company's shares are short sold. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), 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), Cheesecake Factory (CAKE), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Intelsat (I), Comcast (CMCSA), AMC Entertainment (AMC), Exxon Mobil (XOM), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), AT&T (T) and Tesla (TSLA).

Bloomin' Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.82%), Wedge Capital Management L L P NC (0.59%), James Investment Research Inc. (0.39%), State of Alaska Department of Revenue (0.08%), New York State Teachers Retirement System (0.06%) and Convergence Investment Partners LLC (0.05%). Company insiders that own Bloomin' Brands stock include 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.

BLMN stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Wedge Capital Management L L P NC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Convergence Investment Partners LLC, Cerebellum GP LLC, New York State Teachers Retirement System and 6 Meridian. 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, Robinhood, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $21.35.

Bloomin' Brands has a market capitalization of $1.85 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.View Additional Information About Bloomin' Brands.

The official website for Bloomin' Brands is http://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]