NASDAQ:BLMN Bloomin' Brands (BLMN) Stock Forecast, Price & News $25.47 +1.26 (+5.20%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$24.45▼$25.5450-Day Range$22.67▼$26.2852-Week Range$15.89▼$28.46Volume1.40 million shsAverage Volume1.86 million shsMarket Capitalization$2.22 billionP/E Ratio21.96Dividend Yield3.77%Price Target$29.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Bloomin' Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside15.8% Upside$29.50 Price TargetShort InterestBearish12.83% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.92Upright™ Environmental ScoreNews Sentiment0.70Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth5.46%From $2.93 to $3.09 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.2.11 out of 5 starsRetail/Wholesale Sector116th out of 208 stocksEating Places Industry22nd out of 44 stocks 2.3 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.50, Bloomin' Brands has a forecasted upside of 15.8% from its current price of $25.47.Amount of Analyst CoverageBloomin' Brands has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.83% 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 6.1.Change versus previous monthShort interest in Bloomin' Brands has recently increased by 6.39%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 3.97%, 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 82.76%. 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 31.07% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBloomin' Brands has received a -0.86% net impact score from Upright. The largest negative impact of Bloomin' Brands in category "Physical diseases" seems to be driven mostly by its "French fries", "Wine served at a restaurant", "Steak", "Fried fish", "Seafood", and "Vegetarian spaghetti dishes" products. See details.Environmental SustainabilityThe Environmental Impact score for Bloomin' Brands is -3.92. Previous Next 2.6 News and Social Media Coverage News SentimentBloomin' Brands has a news sentiment score of 0.70. 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 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Bloomin' Brands this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for BLMN on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.MarketBeat Follows4 people have added Bloomin' Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloomin' Brands insiders have not sold or bought any 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 5.46% in the coming year, from $2.93 to $3.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 21.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 21.96, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.10.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 6.88. 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 HeadlinesMay 30, 2023 | insidertrades.comThe Institutions Put A Bottom In Cracker Barrel June 1, 2023 | finance.yahoo.comWall Street Analysts See Bloomin' Brands (BLMN) as a Buy: Should You Invest?June 4, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.May 25, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Bloomin' Brands (NASDAQ:BLMN)May 18, 2023 | finance.yahoo.comBloomin' Brands, Inc. (BLMN) is Attracting Investor Attention: Here is What You Should KnowMay 18, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Earns Buy Rating from Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comShort Interest in Bloomin' Brands, Inc. (NASDAQ:BLMN) Declines By 5.7%May 16, 2023 | americanbankingnews.comBloomin' Brands, Inc. (NASDAQ:BLMN) Receives $29.00 Consensus PT from AnalystsJune 4, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 15, 2023 | realmoney.thestreet.comHere's Why Bloomin' Could Look Yummy to a Hungry BuyerMay 14, 2023 | msn.comBloomin' Brands: Valuation Is Attractive At 8x Forward EarningsMay 4, 2023 | finance.yahoo.comWhy You Might Be Interested In Bloomin' Brands, Inc. (NASDAQ:BLMN) For Its Upcoming DividendMay 3, 2023 | finance.yahoo.comBloomin' Brands, Inc. (BLMN) Is a Trending Stock: Facts to Know Before Betting on ItMay 2, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Robert Half (RHI), Bloomin’ Brands (BLMN) and Flight Centre Travel Group Limited (OtherFGETF)May 2, 2023 | finance.yahoo.comShould You Invest in Bloomin' Brands (BLMN) Based on Bullish Wall Street Views?May 2, 2023 | msn.comCredit Suisse Maintains Bloomin' Brands (BLMN) Outperform RecommendationMay 1, 2023 | finance.yahoo.comCan Bloomin' Brands, Inc. (NASDAQ:BLMN) Maintain Its Strong Returns?May 1, 2023 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Bloomin’ Brands (BLMN)May 1, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Bloomin’ Brands (BLMN)May 1, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Updates Q2 Earnings GuidanceMay 1, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Issues Q2 Earnings GuidanceMay 1, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Issues FY23 Earnings GuidanceMay 1, 2023 | americanbankingnews.comBloomin' Brands (NASDAQ:BLMN) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPSApril 30, 2023 | markets.businessinsider.comCitigroup Reaffirms Their Hold Rating on Bloomin’ Brands (BLMN)April 28, 2023 | msn.comBloomin’ Brands Rises on Q1 BeatApril 28, 2023 | msn.comBloomin' Brands Q1 Earnings Exceed Expectations; Reaffirms FY23 GuidanceApril 28, 2023 | finance.yahoo.comBloomin' Brands (BLMN) Surpasses Q1 Earnings and Revenue EstimatesSee More Headlines BLMN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLMN Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings4/28/2023Ex-Dividend for 5/24 Dividend5/09/2023Dividend Payable5/24/2023Today6/03/2023Next Earnings (Estimated)8/04/2023Fiscal 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$29.50 High Stock Price Forecast$35.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+16.0%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.16 Trailing P/E Ratio21.96 Forward P/E Ratio8.69 P/E Growth0.7Net Income$101.91 million Net Margins2.60% Pretax Margin3.68% Return on Equity92.23% Return on Assets7.80% Debt Debt-to-Equity Ratio2.37 Current Ratio0.27 Quick Ratio0.20 Sales & Book Value Annual Sales$4.42 billion Price / Sales0.50 Cash Flow$5.16 per share Price / Cash Flow4.94 Book Value$3.70 per share Price / Book6.88Miscellaneous Outstanding Shares87,290,000Free Float83,645,000Market Cap$2.22 billion OptionableOptionable Beta1.89 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:CBRLJack in the BoxNASDAQ:JACKPapa John's InternationalNASDAQ:PZZABrinker InternationalNYSE:EATCheesecake FactoryNASDAQ:CAKEView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,123 shares on 5/26/2023Ownership: 0.015%Ameriprise Financial Inc.Sold 10,160 shares on 5/22/2023Ownership: 0.897%Putnam Investments LLCSold 956 shares on 5/22/2023Ownership: 0.026%New York State Common Retirement FundSold 32,208 shares on 5/18/2023Ownership: 0.506%Steward Partners Investment Advisory LLCSold 1,989 shares on 5/16/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions BLMN Stock - Frequently Asked Questions Should I buy or sell Bloomin' Brands stock right now? 10 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, 3 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? 10 Wall Street analysts have issued 1-year target prices for Bloomin' Brands' stock. Their BLMN share price forecasts range from $26.00 to $35.00. On average, they predict the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 15.8% 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 26.6% and is now trading at $25.47. View the best growth stocks for 2023 here. Are investors shorting Bloomin' Brands? Bloomin' Brands saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 10,660,000 shares, an increase of 6.4% from the April 30th total of 10,020,000 shares. Based on an average trading volume of 1,750,000 shares, the days-to-cover ratio is presently 6.1 days. Approximately 12.8% of the company's shares 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, August 4th 2023. View our BLMN earnings forecast. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands, Inc. (NASDAQ:BLMN) issued its earnings results on Friday, April, 28th. The restaurant operator reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.09. The restaurant operator earned $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. Bloomin' Brands had a trailing twelve-month return on equity of 92.23% and a net margin of 2.60%. The company's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $0.80 EPS. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands declared a quarterly dividend on Tuesday, April 18th. Stockholders of record on Wednesday, May 10th will be given a dividend of $0.24 per share on Wednesday, May 24th. This represents a $0.96 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Tuesday, May 9th. 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), 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 3.97%. BLMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 82.76%. 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 31.07% 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 FY23 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of $2.91-3.00 for the period, compared to the consensus EPS estimate of $2.94. 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.71%), LSV Asset Management (4.33%), Clearbridge Investments LLC (3.93%), State Street Corp (3.62%), Jennison Associates LLC (3.42%) and Arrowstreet Capital Limited Partnership (3.03%). 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 $25.47. How much money does Bloomin' Brands make? Bloomin' Brands (NASDAQ:BLMN) has a market capitalization of $2.22 billion and generates $4.42 billion in revenue each year. The restaurant operator earns $101.91 million in net income (profit) each year or $1.16 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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