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, October 30th. Shareholders of record on Wednesday, November 14th will be given a dividend of $0.09 per share on Wednesday, November 21st. This represents a $0.36 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Tuesday, November 13th. View Bloomin' Brands' Dividend History.

Bloomin' Brands announced that its Board of Directors has authorized a stock buyback program on Friday, February 23rd 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) posted its earnings results on Monday, October, 29th. The restaurant operator reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The restaurant operator had revenue of $965 million for the quarter, compared to the consensus estimate of $965.17 million. Bloomin' Brands had a net margin of 2.68% and a return on equity of 196.28%. Bloomin' Brands's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY18 earnings guidance on Monday, October, 29th. 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 $1.43. Bloomin' Brands also updated its FY 2018 guidance to $1.41-1.47 EPS.

11 Wall Street analysts have issued 1 year target prices for Bloomin' Brands' stock. Their predictions range from $18.00 to $25.00. On average, they expect Bloomin' Brands' share price to reach $22.3750 in the next year. This suggests a possible upside of 15.5% 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 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bloomin' Brands.

Press coverage about BLMN stock has trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bloomin' Brands earned a news impact score of 1.7 on InfoTrie's scale. They also gave headlines about the restaurant operator a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Bloomin' Brands saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,733,542 shares, a decline of 32.1% from the December 14th total of 5,499,624 shares. Based on an average trading volume of 1,239,550 shares, the short-interest ratio is currently 3.0 days. Currently, 4.5% of the shares of the stock are short sold. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Main Street Capital (MAIN), Cheesecake Factory (CAKE), Jack in the Box (JACK), Dave & Buster's Entertainment (PLAY), Wingstop (WING), Brinker International (EAT), Arcos Dorados (ARCO), Sonic (SONC), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), Papa John's Int'l (PZZA), BJ's Restaurants (BJRI) and Denny's (DENN).

Bloomin' Brands' stock is owned by many different of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.20%), Cerebellum GP LLC (0.02%) and Meeder Asset Management Inc. (0.01%). 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, Mindy F Grossman 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 Moody National Bank Trust Division. Company insiders that have sold Bloomin' Brands company stock in the last year include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Mindy F Grossman. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc. and Cerebellum GP LLC. 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 $19.37.

Bloomin' Brands has a market capitalization of $1.77 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.

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]