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. $24.84 -0.24 (-0.96%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$24.70▼$25.2950-Day Range$23.23▼$28.2452-Week Range$15.89▼$28.46Volume972,327 shsAverage Volume1.66 million shsMarket Capitalization$2.18 billionP/E Ratio25.88Dividend Yield3.86%Price Target$29.55 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Bloomin' Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside18.9% Upside$29.55 Price TargetShort InterestHealthy11.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.67Upright™ Environmental ScoreNews Sentiment1.10Based on 5 Articles This WeekInsider TradingSelling Shares$1.79 M Sold Last QuarterProj. Earnings Growth4.14%From $2.90 to $3.02 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.2.84 out of 5 starsRetail/Wholesale Sector27th out of 212 stocksEating Places Industry2nd out of 43 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 $29.55, Bloomin' Brands has a forecasted upside of 18.9% from its current price of $24.84.Amount of Analyst CoverageBloomin' Brands has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted11.52% 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 5.9.Change versus previous monthShort interest in Bloomin' Brands has recently decreased by 5.90%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBloomin' Brands has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 31.79% 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 2.8 News and Social Media Coverage News SentimentBloomin' Brands has a news sentiment score of 1.10. 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 0.42 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Bloomin' Brands this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for BLMN on MarketBeat in the last 30 days. This is a decrease of -80% 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 $1,793,188.00 in company stock.Percentage Held by InsidersOnly 4.18% of the stock of Bloomin' Brands is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to grow by 4.14% in the coming year, from $2.90 to $3.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 25.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 25.88, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.23.Price to Earnings Growth RatioBloomin' Brands has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 7.96. 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 U.S. and International geographical segments. The U.S. segment operates in the 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 and 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 HeadlinesMarch 1, 2023 | marketbeat.comCracker Barrel Stock: Range Bound, but High Yield For 2023 (BLMN)Cracker Barrel is the dog of the restaurant sector, but that has it trading at a value to sector leaders and paying the highest dividend in the group.March 19, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Coverage Initiated by Analysts at StockNews.comMarch 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 15, 2023 | bizjournals.comOutback Steakhouse to open at Ellsworth Place in Silver SpringMarch 15, 2023 | finance.yahoo.comHere’s Why ClearBridge Mid Cap Strategy Sold Bloomin’ Brands (BLMN)March 10, 2023 | nasdaq.comBloomin' Brands (BLMN) Shows Fast-paced Momentum But Is Still a Bargain StockMarch 9, 2023 | finance.yahoo.comWhat Does Bloomin' Brands, Inc.'s (NASDAQ:BLMN) Share Price Indicate?February 23, 2023 | msn.comBLMN or CMG: Which Is the Better Value Stock Right Now?March 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastFebruary 23, 2023 | finance.yahoo.comIs It Smart To Buy Bloomin' Brands, Inc. (NASDAQ:BLMN) Before It Goes Ex-Dividend?February 22, 2023 | finance.yahoo.comHere's Why Bloomin' Brands (BLMN) is a Great Momentum Stock to BuyFebruary 22, 2023 | finance.yahoo.comBloomin' Brands, Inc. (BLMN) Hit a 52 Week High, Can the Run Continue?February 21, 2023 | nasdaq.comBloomin' Brands Reaches Analyst Target PriceFebruary 19, 2023 | finance.yahoo.comBloomin' Brands' (NASDAQ:BLMN) Shareholders Will Receive A Bigger Dividend Than Last YearFebruary 18, 2023 | finance.yahoo.comBloomin' Brands Full Year 2022 Earnings: In Line With ExpectationsFebruary 17, 2023 | finance.yahoo.comRead Why Raymond James Remains Bullish On Bloomin' BrandsFebruary 17, 2023 | msn.comBloomin' Brands Blossoms After Raising The DividendFebruary 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Hyatt Hotels (H), Bloomin’ Brands (BLMN) and Texas Roadhouse (TXRH)February 17, 2023 | markets.businessinsider.comRaymond James Keeps Their Buy Rating on Bloomin’ Brands (BLMN)February 16, 2023 | msn.comOutback Steakhouse parent Bloomin’ Brands stock jumps 11% after better-than-expected fourth-quarter profit and upbeat guidanceFebruary 16, 2023 | msn.comWhy Bloomin' Brands Shares Are Rising TodayFebruary 16, 2023 | finance.yahoo.comBloomin' Brands Q4 Bottom-Line Exceeds Expectations; Hikes Dividend By 71%; Plans Stock BuybackFebruary 16, 2023 | msn.comBloomin’ Brands Surges despite Mixed EarningsFebruary 16, 2023 | msn.comBloomin’ Brands stock boosted by bottom-line beat, bullish forecastFebruary 16, 2023 | finance.yahoo.comBloomin’ Brands Announces 2022 Q4 Financial ResultsFebruary 16, 2023 | finance.yahoo.comOutback Steakhouse parent Bloomin’ Brands tops profit estimates for Q4 and offers upbeat guidance, sending stock up 5.8% premarketFebruary 16, 2023 | finance.yahoo.comBloomin' Brands (BLMN) Tops Q4 Earnings 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 Earnings2/16/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/28/2023Next Earnings (Estimated)5/05/2023Fiscal 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) 282-1225Fax813-286-2247Employees87,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.55 High Stock Price Forecast$35.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+17.0%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.96 Trailing P/E Ratio26.30 Forward P/E Ratio8.71 P/E Growth0.7Net Income$101.91 million Net Margins2.31% Pretax Margin3.44% Return on Equity89.75% Return on Assets7.40% Debt Debt-to-Equity Ratio3.04 Current Ratio0.35 Quick Ratio0.27 Sales & Book Value Annual Sales$4.42 billion Price / Sales0.50 Cash Flow$4.96 per share Price / Cash Flow5.09 Book Value$3.12 per share Price / Book8.09Miscellaneous Outstanding Shares87,610,000Free Float83,949,000Market Cap$2.21 billion OptionableOptionable Beta1.87 Key ExecutivesDavid J. DenoChief Executive Officer & DirectorChristopher A. MeyerChief Financial Officer & Executive Vice PresidentAstrid IsaacsChief Technology Officer & Senior Vice PresidentKelly M. LeffertsSecretary, Chief Legal Officer & Executive VPPhilip PaceChief Accounting Officer & Senior Vice PresidentKey CompetitorsCracker Barrel Old Country StoreNASDAQ:CBRLPapa John's InternationalNASDAQ:PZZACheesecake FactoryNASDAQ:CAKEJack in the BoxNASDAQ:JACKBrinker InternationalNYSE:EATView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 164,824 shares on 3/10/2023Ownership: 2.785%Rockefeller Capital Management L.P.Bought 557 shares on 3/6/2023Ownership: 0.003%Voya Investment Management LLCBought 8,119 shares on 2/28/2023Ownership: 0.080%Parallax Volatility Advisers L.P.Sold 9,500 shares on 2/27/2023Ownership: 0.000%Elizabeth A SmithSold 64,295 sharesTotal: $1.79 M ($27.89/share)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 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 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 target prices for Bloomin' Brands' shares. Their BLMN share price forecasts range from $26.00 to $35.00. On average, they predict the company's share price to reach $29.55 in the next twelve months. This suggests a possible upside of 17.0% 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 at the beginning of 2023. Since then, BLMN shares have increased by 25.5% and is now trading at $25.25. View the best growth stocks for 2023 here. Are investors shorting Bloomin' Brands? Bloomin' Brands saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 9,570,000 shares, a drop of 5.9% from the February 28th total of 10,170,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is presently 5.9 days. Currently, 11.5% 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 Friday, May 5th 2023. View our BLMN earnings forecast. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands, Inc. (NASDAQ:BLMN) issued its quarterly earnings results on Thursday, February, 16th. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.05. The restaurant operator earned $1.10 billion during the quarter, compared to analysts' expectations of $1.12 billion. Bloomin' Brands had a net margin of 2.31% and a trailing twelve-month return on equity of 89.75%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.60 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, February 7th. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.24 per share on Wednesday, March 15th. This represents a $0.96 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Tuesday, February 28th. This is an increase from the stock's previous quarterly dividend of $0.14. Read our dividend analysis for BLMN. What ETFs hold Bloomin' Brands' stock? ETFs with the largest weight of Bloomin' Brands (NASDAQ:BLMN) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), American Century Quality Convertible Securities ETF (QCON) and Invesco Raymond James SB-1 Equity ETF (RYJ). Is Bloomin' Brands a good dividend stock? Bloomin' Brands (NASDAQ:BLMN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.85%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BLMN will have a dividend payout ratio of 31.79% 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 issued an update on its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of $0.85-$0.90 for the period, compared to the consensus EPS estimate of $0.87. The company issued revenue guidance of -. 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 LSV Asset Management (4.12%), Clearbridge Investments LLC (4.11%), Jennison Associates LLC (3.37%), Arrowstreet Capital Limited Partnership (2.79%), Victory Capital Management Inc. (2.78%) and Victory Capital Management Inc. (2.78%). 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 $25.25. How much money does Bloomin' Brands make? Bloomin' Brands (NASDAQ:BLMN) has a market capitalization of $2.21 billion and generates $4.42 billion in revenue each year. The restaurant operator earns $101.91 million in net income (profit) each year or $0.96 on an earnings per share basis. How many employees does Bloomin' Brands have? The company employs 87,000 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 3/28/2023 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. 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