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. Investors 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 yield of 1.68%. The ex-dividend date is Friday, May 4th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands announced that its board has initiated a share repurchase program on Friday, February 23rd 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Bloomin' Brands (NASDAQ:BLMN) issued its earnings results on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.13. The restaurant operator earned $1.12 billion during the quarter, compared to the consensus estimate of $1.10 billion. Bloomin' Brands had a return on equity of 198.45% and a net margin of 2.91%. Bloomin' Brands's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 EPS. 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 EPS guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.40.

11 brokerages have issued 12-month price targets for Bloomin' Brands' stock. Their forecasts range from $18.00 to $28.00. On average, they expect Bloomin' Brands' share 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), Jack in the Box (JACK), Cheesecake Factory (CAKE), Main Street Capital (MAIN), Brinker International (EAT), Papa John's Int'l (PZZA), Dave & Buster's (PLAY), Arcos Dorados (ARCO), Wingstop (WING), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Denny's (DENN) and Sonic Drive-In (SONC).

Media stories about BLMN stock have trended somewhat positive on Saturday, Accern reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bloomin' Brands earned a coverage optimism score of 0.03 on Accern's scale. They also assigned press coverage about the restaurant operator an impact score of 45.54 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Bloomin' Brands' stock is owned by a variety 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 acquired 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 $21.39.

Bloomin' Brands has a market capitalization of $2.00 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]