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

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

Bloomin' Brands declared a quarterly dividend on Tuesday, July 31st. Stockholders of record on Thursday, August 9th will be paid a dividend of $0.09 per share on Wednesday, August 22nd. This represents a $0.36 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Wednesday, August 8th. View Bloomin' Brands' Dividend History.

Bloomin' Brands announced that its Board of Directors has initiated a stock buyback 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 purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings results on Monday, July, 30th. The restaurant operator reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.08. The restaurant operator earned $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. Bloomin' Brands had a return on equity of 215.75% and a net margin of 2.70%. The company's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Friday, November, 2nd 2018. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $1.38-1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.41.

11 brokerages have issued 12-month price objectives for Bloomin' Brands' shares. Their predictions range from $18.00 to $29.00. On average, they anticipate Bloomin' Brands' stock price to reach $24.00 in the next year. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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), Main Street Capital (MAIN), Cheesecake Factory (CAKE), Dave & Buster's Entertainment (PLAY), Brinker International (EAT), Wingstop (WING), Dine Brands Global (DIN), Arcos Dorados (ARCO), BJ's Restaurants (BJRI), Papa John's Int'l (PZZA), MITCHELLS &BUTLERS (MBPFF), Sonic (SONC) and Ruth's Hospitality Group (RUTH).

Media headlines about BLMN stock have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bloomin' Brands earned a coverage optimism score of 0.16 on Accern's scale. They also assigned headlines about the restaurant operator an impact score of 45.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Bloomin' Brands.

Bloomin' Brands' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.77%), LSV Asset Management (3.16%), Glenmede Trust Co. NA (2.84%), Bank of America Corp DE (1.74%), Rothschild Asset Management Inc. (1.57%) and Fuller & Thaler Asset Management Inc. (1.48%). 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 Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Wells Fargo & Company MN, Thompson Siegel & Walmsley LLC, Foundry Partners LLC, Oppenheimer Asset Management Inc., BlueMountain Capital Management LLC, Wedge Capital Management L L P NC and Boston Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Tyvor Capital LLC, BlackRock Inc., Renaissance Technologies LLC, Bank of America Corp DE, Canada Pension Plan Investment Board, Schwab Charles Investment Management Inc. and Sei Investments Co.. 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 $19.19.

Bloomin' Brands has a market capitalization of $1.80 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]