Bloomin' Brands Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Bloomin' Brands stock.
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Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Friday, July 23rd 2021.
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Bloomin' Brands, Inc. (NASDAQ:BLMN) posted its quarterly earnings results on Wednesday, April, 28th. The restaurant operator reported $0.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.40. The restaurant operator had revenue of $987.47 million for the quarter, compared to analyst estimates of $954.62 million. Bloomin' Brands had a negative trailing twelve-month return on equity of 17.90% and a negative net margin of 1.75%.
View Bloomin' Brands' earnings history.

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BLMN shares have increased by 130.9% and is now trading at $27.13.
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Bloomin' Brands issued an update on its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 0.600- for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.240. The company issued revenue guidance of $1.03 B-, compared to the consensus revenue estimate of $919.38 million.

12 Wall Street analysts have issued twelve-month price objectives for Bloomin' Brands' stock. Their forecasts range from $12.00 to $41.00. On average, they anticipate Bloomin' Brands' stock price to reach $28.35 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
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22 employees have rated Bloomin' Brands CEO David Deno on Glassdoor.com. David Deno has an approval rating of 48% among Bloomin' Brands' employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Bloomin' Brands include McDonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Darden Restaurants (DRI), Domino's Pizza (DPZ), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Jack in the Box (JACK), Brinker International (EAT), The Cheesecake Factory (CAKE), Dine Brands Global (DIN) and BJ's Restaurants (BJRI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Coty (COTY), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Exxon Mobil (XOM), Carnival Co. & (CCL), The Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL).

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

Bloomin' Brands' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.73%), Price T Rowe Associates Inc. MD (3.20%), Tremblant Capital Group (2.86%), Clearbridge Investments LLC (2.62%), Bank of New York Mellon Corp (2.55%) and Dimensional Fund Advisors LP (2.43%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith and Gregg Scarlett.
View institutional ownership trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Scopus Asset Management L.P., Foundry Partners LLC, Man Group plc, Morgan Stanley, Prudential Financial Inc., Russell Investments Group Ltd., and Canada Pension Plan Investment Board. Company insiders that have sold Bloomin' Brands company stock in the last year include Elizabeth A Smith, and Gregg Scarlett.
View insider buying and selling activity for Bloomin' Brands or view top insider-selling stocks.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Tremblant Capital Group, Clearbridge Investments LLC, Jennison Associates LLC, BlackRock Inc., Factorial Partners LLC, Lisanti Capital Growth LLC, and Corvex Management LP. 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 or or view top insider-buying stocks.

Shares of BLMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BLMN stock can currently be purchased for approximately $27.13.

Bloomin' Brands has a market capitalization of $2.41 billion and generates $3.17 billion in revenue each year. The restaurant operator earns $-158,710,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

Bloomin' Brands employs 77,000 workers across the globe.

The official website for Bloomin' Brands is www.bloominbrands.com.

Bloomin' Brands is headquartered at 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607.

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]