NASDAQ:BLMNBloomin' Brands Stock Price, Forecast & News

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BLMN stock has decreased by 17.5% and is now trading at $9.69. View which stocks have been most impacted by Coronavirus.

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

Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Friday, July 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its earnings results on Friday, May, 8th. The restaurant operator reported $0.14 EPS for the quarter, hitting the Zacks' consensus estimate of $0.14. The restaurant operator earned $1.01 billion during the quarter, compared to the consensus estimate of $575.35 million. Bloomin' Brands had a net margin of 0.79% and a return on equity of 57.88%. Bloomin' Brands's revenue for the quarter was down 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 earnings per share. View Bloomin' Brands' earnings history.

Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Investors 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 annualized dividend and a dividend yield of 8.26%. 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.

Bloomin' Brands updated its first quarter earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.19.

14 brokerages have issued 1 year price targets for Bloomin' Brands' stock. Their forecasts range from $10.00 to $25.00. On average, they expect Bloomin' Brands' share price to reach $14.07 in the next year. This suggests a possible upside of 45.2% from the stock's current price. View analysts' price targets for Bloomin' Brands.

Media stories about BLMN stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news 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 news impact score of -2.4 on InfoTrie's scale. They also assigned news coverage about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news about Bloomin' Brands.

Bloomin' Brands saw a increase in short interest in June. As of June 30th, there was short interest totaling 10,430,000 shares, an increase of 5.7% from the June 15th total of 9,870,000 shares. Based on an average daily trading volume, of 4,210,000 shares, the short-interest ratio is currently 2.5 days. Currently, 13.0% of the shares of the company are short sold. View Bloomin' Brands' Current Options Chain.

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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Dine Brands Global (DIN). View all competitors.

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).

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

Bloomin' Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (1.39%), Wedge Capital Management L L P NC (0.64%), Xcel Wealth Management LLC (0.23%), Envestnet Asset Management Inc. (0.02%) and 6 Meridian (0.01%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett 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 Reinhart Partners Inc., 6 Meridian, and Wedge Capital Management L L P NC. View insider buying and selling activity for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Xcel Wealth Management LLC, and Envestnet Asset Management Inc.. 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 $9.69.

Bloomin' Brands has a market capitalization of $847.74 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.

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]