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

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

Bloomin' Brands declared a quarterly dividend on Tuesday, July 31st. Shareholders 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 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Wednesday, August 8th. View Bloomin' Brands' Dividend History.

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

Bloomin' Brands Inc (NASDAQ:BLMN) posted its quarterly earnings results on Monday, July, 30th. The restaurant operator reported $0.38 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.08. The restaurant operator had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.05 billion. Bloomin' Brands had a net margin of 2.70% and a return on equity of 215.75%. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company 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 issued an update on its FY18 earnings guidance on Monday, July, 30th. The company provided EPS guidance of $1.38-1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.41.

11 analysts have issued 1-year price targets for Bloomin' Brands' shares. Their predictions range from $18.00 to $29.00. On average, they expect Bloomin' Brands' stock price to reach $24.00 in the next year. This suggests a possible upside of 26.1% 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), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), BJ's Restaurants (BJRI), Dine Brands Global (DIN), Papa John's Int'l (PZZA), Sonic (SONC) and Ruth's Hospitality Group (RUTH).

News headlines about BLMN stock have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than 20 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 news impact score of 0.04 on Accern's scale. They also gave news articles about the restaurant operator an impact score of 44.35 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Bloomin' Brands.

Bloomin' Brands' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.77%), LSV Asset Management (3.16%), Bank of America Corp DE (1.74%), Rothschild Asset Management Inc. (1.57%), Fuller & Thaler Asset Management Inc. (1.48%) and Schwab Charles Investment Management Inc. (1.17%). 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 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 bought 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 $19.03.

Bloomin' Brands has a market capitalization of $1.69 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]