Bloomin' Brands Stock Forecast, Price & News

10 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, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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, October 22nd 2021.
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Bloomin' Brands, Inc. (NASDAQ:BLMN) released its quarterly earnings data on Friday, July, 30th. The restaurant operator reported $0.81 EPS for the quarter, topping the consensus estimate of $0.67 by $0.14. The restaurant operator earned $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. Bloomin' Brands had a negative net margin of 1.75% and a negative trailing twelve-month return on equity of 17.90%. The business's quarterly revenue was up 86.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.74) earnings per share.
View Bloomin' Brands' earnings history.

Bloomin' Brands' stock was trading at $11.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLMN shares have increased by 113.9% and is now trading at $25.13.
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Bloomin' Brands issued an update on its third quarter earnings guidance on Friday, July, 30th. The company provided earnings per share (EPS) guidance of at least $0.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.34. The company issued revenue guidance of at least $1.015 billion, compared to the consensus revenue estimate of $997.77 million.

10 equities research analysts have issued 1-year price targets for Bloomin' Brands' shares. Their forecasts range from $20.00 to $41.00. On average, they anticipate Bloomin' Brands' share price to reach $30.95 in the next year. This suggests a possible upside of 23.2% 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), Domino's Pizza (DPZ), Darden Restaurants (DRI), Texas Roadhouse (TXRH), The Wendy's (WEN), Papa John's International (PZZA), Cracker Barrel Old Country Store (CBRL), Brinker International (EAT), Jack in the Box (JACK), 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 many different retail and institutional investors. Top institutional shareholders include Chartwell Investment Partners LLC (0.22%), Monarch Partners Asset Management LLC (0.21%), Alliancebernstein L.P. (0.16%), State of Alaska Department of Revenue (0.06%), NEXT Financial Group Inc (0.01%) and Convergence Investment Partners LLC (0.01%). Company insiders that own Bloomin' Brands stock include David J Deno, Elizabeth A Smith, Gregg Scarlett and Kelly Lefferts.
View institutional ownership trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc, Chartwell Investment Partners LLC, and Convergence Investment Partners LLC. Company insiders that have sold Bloomin' Brands company stock in the last year include Elizabeth A Smith, Gregg Scarlett, and Kelly Lefferts.
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 Monarch Partners Asset Management LLC, Alliancebernstein L.P., Patriot Financial Group Insurance Agency LLC, and State of Alaska Department of Revenue. Company insiders that have bought Bloomin' Brands stock in the last two years include David J Deno, and Gregg Scarlett.
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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 $25.13.

Bloomin' Brands has a market capitalization of $2.23 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]