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

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

Bloomin' Brands declared a quarterly dividend on Thursday, October 24th. Stockholders of record on Monday, November 18th will be given a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its board has authorized a share 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. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) issued its earnings results on Wednesday, November, 6th. The restaurant operator reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to analysts' expectations of $967.04 million. Bloomin' Brands had a return on equity of 89.62% and a net margin of 2.75%. The company's revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 EPS. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $1.53-1.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.56.

12 brokers have issued twelve-month target prices for Bloomin' Brands' stock. Their forecasts range from $17.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $22.00 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloomin' Brands.

News articles about BLMN stock have been trending somewhat positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bloomin' Brands earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the near term. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,640,000 shares, an increase of 11.8% from the December 31st total of 4,150,000 shares. Based on an average daily trading volume, of 955,900 shares, the days-to-cover ratio is presently 4.9 days. Approximately 5.8% 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), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Cheesecake Factory (CAKE), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Intelsat (I), Comcast (CMCSA), AMC Entertainment (AMC), Exxon Mobil (XOM), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), AT&T (T) and Tesla (TSLA).

Bloomin' Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.82%), Reinhart Partners Inc. (0.78%), Wedge Capital Management L L P NC (0.59%), James Investment Research Inc. (0.39%), California Public Employees Retirement System (0.32%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt 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 Arizona State Retirement System, James Investment Research Inc., Wedge Capital Management L L P NC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Dalton Greiner Hartman Maher & Co., Convergence Investment Partners LLC, CWM LLC, Cerebellum GP LLC, California Public Employees Retirement System, New York State Teachers Retirement System and 6 Meridian. 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, Robinhood, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $20.66.

Bloomin' Brands has a market capitalization of $1.79 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.View Additional Information About Bloomin' Brands.

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]