NASDAQ:BLMN - Bloomin' Brands Stock Price, Forecast & News

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

Bloomin' Brands declared a quarterly dividend on Thursday, October 24th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Friday, November 15th. This is an increase from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its Board of Directors has authorized a share repurchase plan on Friday, February 23rd 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings results on Wednesday, November, 6th. The restaurant operator reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. The restaurant operator earned $967.14 million during the quarter, compared to analysts' expectations of $967.04 million. Bloomin' Brands had a net margin of 2.75% and a return on equity of 89.62%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the business earned $0.08 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of $1.85-$1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.72.

10 brokerages have issued 12-month price targets for Bloomin' Brands' shares. Their forecasts range from $20.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $22.56 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloomin' Brands.

Media coverage about BLMN stock has trended neutral recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bloomin' Brands earned a news impact score of 0.3 on InfoTrie's scale. They also gave news stories about the restaurant operator a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,900,000 shares, an increase of 5.6% from the January 15th total of 4,640,000 shares. Based on an average trading volume of 937,300 shares, the short-interest ratio is presently 5.2 days. Currently, 6.1% of the company's stock are short sold. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Cheesecake Factory (CAKE), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Intelsat (I), Comcast (CMCSA), AMC Entertainment (AMC), Exxon Mobil (XOM), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), AT&T (T) and Tesla (TSLA).

Bloomin' Brands' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (5.83%), State Street Corp (3.04%), Rothschild & Co. Asset Management US Inc. (2.25%), Westwood Holdings Group Inc. (2.24%), Copeland Capital Management LLC (1.81%) and Bank of New York Mellon Corp (1.51%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Mindy F Grossman. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Russell Investments Group Ltd., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Man Group plc, Rothschild & Co. Asset Management US Inc., Westwood Holdings Group Inc. and Mutual of America Capital Management LLC. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Alliancebernstein L.P., Reinhart Partners Inc., Dalton Greiner Hartman Maher & Co., LSV Asset Management, Great West Life Assurance Co. Can, Foundry Partners LLC and Landscape Capital Management L.L.C.. View Insider Buying and Selling 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 $21.65.

Bloomin' Brands has a market capitalization of $1.88 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.View Additional Information About Bloomin' Brands.

The official website for Bloomin' Brands is http://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]