NASDAQ:BLMN Bloomin' Brands - BLMN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bloomin' Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $24.26 +0.01 (+0.04%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$23.30▼$24.4650-Day Range$20.12▼$24.2652-Week Range$15.89▼$25.51Volume1.47 million shsAverage Volume1.51 million shsMarket Capitalization$2.13 billionP/E Ratio25.81Dividend Yield2.37%Price Target$27.30 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Bloomin' Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside12.5% Upside$27.30 Price TargetShort InterestHealthy10.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.67Upright™ Environmental ScoreNews Sentiment0.68Based on 14 Articles This WeekInsider TradingSelling Shares$17.08 M Sold Last QuarterProj. Earnings Growth8.54%From $2.46 to $2.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.74 out of 5 starsRetail/Wholesale Sector21st out of 216 stocksEating Places Industry3rd out of 42 stocks 3.3 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.30, Bloomin' Brands has a forecasted upside of 12.5% from its current price of $24.26.Amount of Analyst CoverageBloomin' Brands has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.38% of the float of Bloomin' Brands has been sold short.Short Interest Ratio / Days to CoverBloomin' Brands has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Bloomin' Brands has recently decreased by 5.42%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldBloomin' Brands pays a meaningful dividend of 2.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBloomin' Brands does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 59.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 20.97% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBloomin' Brands has received a 29.47% net impact score from Upright. Bloomin' Brands seems to create the most significant positive value in categories "Jobs", "Taxes", and "Relationships". The positive contribution in the "Relationships" impact category is mostly driven by its "Fried fish", "Hamburger meals", "Wine served at a restaurant", and "Vegetarian spaghetti dishes" products. See details.Environmental SustainabilityThe Environmental Impact score for Bloomin' Brands is -2.67. Previous Next 3.2 News and Social Media Coverage News SentimentBloomin' Brands has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Bloomin' Brands this week, compared to 3 articles on an average week.Search Interest10 people have searched for BLMN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloomin' Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,083,646.00 in company stock.Percentage Held by InsidersOnly 4.85% of the stock of Bloomin' Brands is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to grow by 8.54% in the coming year, from $2.46 to $2.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 25.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 25.81, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 46.16.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 9.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bloomin' Brands (NASDAQ:BLMN) StockBloomin' Brands, Inc. engages in the acquisition, operation, design and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba's Italian Grill. Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in March 1988 and is headquartered in Tampa, FL.Read More Receive BLMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bloomin' Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address BLMN Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comBloomin' Brands, Inc. (NASDAQ:BLMN) Sees Large Decrease in Short InterestFebruary 1, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Bloomin' Brands, Inc. Issued By William Blair (NASDAQ:BLMN)February 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 29, 2023 | finance.yahoo.comThose who invested in Bloomin' Brands (NASDAQ:BLMN) a year ago are up 24%January 28, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Downgraded by BMO Capital MarketsJanuary 28, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Earns Neutral Rating from Analysts at Bank of AmericaJanuary 27, 2023 | finance.yahoo.comBloomin’ Brands, Inc. to Host Fourth Quarter and Fiscal Year 2022 Earnings Conference Call at 8:15 AM EST on February 16, 2023January 26, 2023 | americanbankingnews.comRaymond James Increases Bloomin' Brands (NASDAQ:BLMN) Price Target to $30.00February 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 25, 2023 | finance.yahoo.comBloomin' Brands Faces Downgrade By This Analyst Amid Concerns About Consumer SpendingJanuary 18, 2023 | markets.businessinsider.comAnalyst Expectations for Bloomin Brands's FutureJanuary 14, 2023 | thestreet.comWhy Bloomin' Brands (BLMN) Is Up TodayJanuary 9, 2023 | stocknews.com3 Restaurant Stocks to Think About Buying This JanuaryDecember 16, 2022 | finance.yahoo.comSlowing Rates Of Return At Bloomin' Brands (NASDAQ:BLMN) Leave Little Room For ExcitementDecember 13, 2022 | stocknews.com3 Restaurant Stocks That Look Tasty This WeekNovember 26, 2022 | seekingalpha.comBLMN Bloomin' Brands, Inc.November 23, 2022 | bizjournals.comBloomin’ Brands' Aussie Grille opens its first Orlando restaurantNovember 23, 2022 | benzinga.comBloomin Brands Insider Trades Send a SignalNovember 22, 2022 | finance.yahoo.comCan Bloomin' Brands, Inc.'s (NASDAQ:BLMN) ROE Continue To Surpass The Industry Average?November 17, 2022 | benzinga.comBloomin Brands Director Trades $4.84M In Company StockNovember 17, 2022 | benzinga.comCEO At This Consumer Discretionary Company Sells $1.47M of StockNovember 4, 2022 | finance.yahoo.comIs There An Opportunity With Bloomin' Brands, Inc.'s (NASDAQ:BLMN) 27% Undervaluation?October 29, 2022 | finance.yahoo.comBloomin' Brands Q3 Earnings Top Street ViewOctober 28, 2022 | seekingalpha.comBloomin' Brands notches narrow earnings beat, raises sales forecastsOctober 28, 2022 | msn.comBloomin Brands: Q3 Earnings InsightsOctober 28, 2022 | finance.yahoo.comBloomin’ Brands Announces 2022 Q3 Financial ResultsOctober 28, 2022 | finance.yahoo.comBloomin' Brands (BLMN) Tops Q3 Earnings and Revenue EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BLMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bloomin' Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address BLMN Company Calendar Last Earnings11/01/2021Ex-Dividend for 11/23 Dividend11/08/2022Dividend Payable11/23/2022Today2/01/2023Next Earnings (Confirmed)2/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNASDAQ:BLMN CUSIP09423510 CIK1546417 Webwww.bloominbrands.com Phone(813) 282-1225Fax813-286-2247Employees82,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.30 High Stock Price Forecast$35.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.94 Trailing P/E Ratio25.81 Forward P/E Ratio9.86 P/E GrowthN/ANet Income$215.55 million Net Margins2.39% Pretax Margin3.36% Return on Equity92.10% Return on Assets7.25% Debt Debt-to-Equity Ratio3.42 Current Ratio0.30 Quick Ratio0.21 Sales & Book Value Annual Sales$4.12 billion Price / Sales0.52 Cash Flow$5.30 per share Price / Cash Flow4.58 Book Value$2.50 per share Price / Book9.70Miscellaneous Outstanding Shares87,790,000Free Float83,536,000Market Cap$2.13 billion OptionableOptionable Beta1.82 Key ExecutivesDavid J. DenoChief Executive Officer & DirectorFatema Al-SaffarChief Financial OfficerAstrid IsaacsChief Technology OfficerKelly M. LeffertsSecretary, Chief Legal Officer & Executive VPChristopher A. MeyerExecutive Vice PresidentKey CompetitorsCheesecake FactoryNASDAQ:CAKECracker Barrel Old Country StoreNASDAQ:CBRLBrinker InternationalNYSE:EATJack in the BoxNASDAQ:JACKDine Brands GlobalNYSE:DINView All CompetitorsInsiders & InstitutionsState of New Jersey Common Pension Fund DSold 8,723 shares on 2/1/2023Ownership: 0.117%Mastrapasqua Asset Management Inc.Sold 6,570 shares on 2/1/2023Ownership: 0.049%Zurcher Kantonalbank Zurich Cantonalbank Bought 2,063 shares on 2/1/2023Ownership: 0.012%Pinnacle Associates Ltd.Bought 10,150 shares on 2/1/2023Ownership: 0.012%Kestra Advisory Services LLCBought 13,257 shares on 1/31/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions BLMN Stock - Frequently Asked Questions Should I buy or sell Bloomin' Brands stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BLMN shares. View BLMN analyst ratings or view top-rated stocks. What is Bloomin' Brands' stock price forecast for 2023? 12 equities research analysts have issued 12-month price objectives for Bloomin' Brands' shares. Their BLMN share price forecasts range from $23.00 to $35.00. On average, they expect the company's stock price to reach $27.30 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for BLMN or view top-rated stocks among Wall Street analysts. How have BLMN shares performed in 2023? Bloomin' Brands' stock was trading at $20.12 on January 1st, 2023. Since then, BLMN stock has increased by 20.6% and is now trading at $24.26. View the best growth stocks for 2023 here. Are investors shorting Bloomin' Brands? Bloomin' Brands saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 8,720,000 shares, a decline of 5.4% from the December 31st total of 9,220,000 shares. Based on an average trading volume of 1,580,000 shares, the short-interest ratio is currently 5.5 days. Currently, 10.4% of the shares of the company are sold short. View Bloomin' Brands' Short Interest. When is Bloomin' Brands' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023. View our BLMN earnings forecast. How can I listen to Bloomin' Brands' earnings call? Bloomin' Brands will be holding an earnings conference call on Thursday, February 16th at 8:15 AM Eastern. Interested parties can register for or listen to the call using this link. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands, Inc. (NASDAQ:BLMN) posted its quarterly earnings results on Monday, November, 1st. The restaurant operator reported $0.57 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.57. The restaurant operator had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.04 billion. Bloomin' Brands had a net margin of 2.39% and a trailing twelve-month return on equity of 92.10%. During the same quarter last year, the business posted ($0.12) earnings per share. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands declared a quarterly dividend on Tuesday, October 18th. Shareholders of record on Wednesday, November 9th will be paid a dividend of $0.14 per share on Wednesday, November 23rd. This represents a $0.56 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Tuesday, November 8th. Read our dividend analysis for BLMN. Is Bloomin' Brands a good dividend stock? Bloomin' Brands (NASDAQ:BLMN) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.37%. The dividend payout ratio is 59.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BLMN will have a dividend payout ratio of 20.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BLMN. What guidance has Bloomin' Brands issued on next quarter's earnings? Bloomin' Brands updated its fourth quarter 2022 earnings guidance on Sunday, November, 6th. The company provided earnings per share (EPS) guidance of $0.63-$0.73 for the period, compared to the consensus EPS estimate of $0.63. The company issued revenue guidance of $1.11 billion-$1.15 billion, compared to the consensus revenue estimate of $1.11 billion. What is David Deno's approval rating as Bloomin' Brands' CEO? 55 employees have rated Bloomin' Brands Chief Executive Officer David Deno on Glassdoor.com. David Deno has an approval rating of 48% among the company's employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Bloomin' Brands to a friend. What other stocks do shareholders of Bloomin' Brands own? 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), Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL). What is Bloomin' Brands' stock symbol? Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN." Who are Bloomin' Brands' major shareholders? Bloomin' Brands' stock is owned by many different institutional and retail investors. Top institutional shareholders include New York State Common Retirement Fund (0.54%), Wedge Capital Management L L P NC (0.49%), Xcel Wealth Management LLC (0.26%), Rye Brook Capital LLC (0.25%), Allspring Global Investments Holdings LLC (0.22%) and Comerica Bank (0.20%). Insiders that own company stock include David J Deno, Elizabeth A Smith, Gregg Scarlett and Kelly Lefferts. View institutional ownership trends. How do I buy shares of Bloomin' Brands? Shares of BLMN stock 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. Compare Top Brokerages Here. What is Bloomin' Brands' stock price today? One share of BLMN stock can currently be purchased for approximately $24.26. How much money does Bloomin' Brands make? Bloomin' Brands (NASDAQ:BLMN) has a market capitalization of $2.13 billion and generates $4.12 billion in revenue each year. The restaurant operator earns $215.55 million in net income (profit) each year or $0.94 on an earnings per share basis. How many employees does Bloomin' Brands have? The company employs 82,000 workers across the globe. How can I contact Bloomin' Brands? Bloomin' Brands' mailing address is 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607. The official website for the company is www.bloominbrands.com. The restaurant operator can be reached via phone at (813) 282-1225, via email at investor@bloominbrands.com, or via fax at 813-286-2247. This page (NASDAQ:BLMN) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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