Bloomin' Brands Stock Forecast, Price & News

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 stock has increased by 54.4% and is now trading at $18.14.
View which stocks have been most impacted by COVID-19.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Bloomin' Brands or view MarketBeat's top 5 stock picks.

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Bloomin' Brands is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Bloomin' Brands.

Bloomin' Brands, Inc. (NASDAQ:BLMN) released its quarterly earnings results on Friday, October, 23rd. The restaurant operator reported ($0.12) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.32) by $0.20. The restaurant operator had revenue of $771.30 million for the quarter, compared to analysts' expectations of $752.87 million. Bloomin' Brands had a negative net margin of 3.45% and a negative return on equity of 39.30%. The business's revenue was down 20.2% on a year-over-year basis. During the same quarter last year, the business earned $0.10 EPS.
View Bloomin' Brands' earnings history.

Bloomin' Brands declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.20 per share on Friday, March 13th. This represents a $0.80 annualized dividend and a yield of 4.41%. The ex-dividend date is Thursday, February 27th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.10.
View Bloomin' Brands' dividend history.

15 analysts have issued 12 month target prices for Bloomin' Brands' shares. Their forecasts range from $12.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $17.33 in the next year. This suggests that the stock has a possible downside of 4.4%.
View analysts' price targets for Bloomin' Brands.

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), Dunkin' Brands Group (DNKN), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE) and Dine Brands Global (DIN).
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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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.59%), Jana Partners LLC (6.51%), State Street Corp (3.07%), Westwood Holdings Group Inc. (2.90%), Arrowstreet Capital Limited Partnership (2.66%) and Scopus Asset Management L.P. (1.88%). 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 Jana Partners LLC, BlackRock Inc., Westwood Holdings Group Inc., LSV Asset Management, Foundry Partners LLC, Samlyn Capital LLC, Rothschild & Co. Asset Management US Inc., and State Street Corp.
View insider buying and selling activity for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., J. Goldman & Co LP, Arrowstreet Capital Limited Partnership, Voloridge Investment Management LLC, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Victory Capital Management Inc., and SPX Equities Gestao de Recursos Ltda. 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.

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 $18.14.

Bloomin' Brands has a market capitalization of $1.59 billion and generates $4.14 billion in revenue each year. The restaurant operator earns $130.57 million in net income (profit) each year or $1.54 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.

The official website for Bloomin' Brands is 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]