NASDAQ:BLMN - Bloomin' Brands Stock Price, Price Target & More

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$22.11 -0.43 (-1.91 %)
(As of 06/20/2018 11:01 AM ET)
Previous Close$22.41
Today's Range$22.11 - $22.48
52-Week Range$16.11 - $25.00
Volume26,387 shs
Average Volume1.70 million shs
Market Capitalization$2.09 billion
P/E Ratio16.47
Dividend Yield1.60%
Beta0.3
BloominBloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 31, 2017, the company owned and operated 1,075 restaurants and franchised 165 restaurants. Bloomin' Brands, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
SymbolNASDAQ:BLMN
CUSIP09423510
Phone813-282-1225

Debt

Debt-to-Equity Ratio10.30
Current Ratio0.41
Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio16.47
Forward P/E Ratio15.46
P/E Growth1.64

Sales & Book Value

Annual Sales$4.21 billion
Price / Sales0.49
Cash Flow$3.8385 per share
Price / Cash5.76
Book Value$0.54 per share
Price / Book40.94

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$100.24 million
Net Margins2.91%
Return on Equity198.45%
Return on Assets5.88%

Miscellaneous

Employees94,000
Outstanding Shares92,830,000

Bloomin' Brands (NASDAQ:BLMN) Frequently Asked Questions

What is Bloomin' Brands' stock symbol?

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

How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?

Bloomin' Brands announced a quarterly dividend on Tuesday, April 24th. Stockholders of record on Monday, May 7th will be given a dividend of $0.09 per share on Friday, May 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, May 4th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

How will Bloomin' Brands' stock buyback program work?

Bloomin' Brands announced that its Board of Directors has approved a share buyback program on Friday, February 23rd 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands (NASDAQ:BLMN) posted its quarterly earnings results on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping the consensus estimate of $0.58 by $0.13. The restaurant operator earned $1.12 billion during the quarter, compared to analyst estimates of $1.10 billion. Bloomin' Brands had a return on equity of 198.45% and a net margin of 2.91%. The company's quarterly revenue was down 3.3% on a year-over-year basis. During the same period last year, the company earned $0.58 EPS. View Bloomin' Brands' Earnings History.

When is Bloomin' Brands' next earnings date?

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Bloomin' Brands.

What guidance has Bloomin' Brands issued on next quarter's earnings?

Bloomin' Brands updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40.

What price target have analysts set for BLMN?

11 analysts have issued 12 month price objectives for Bloomin' Brands' shares. Their forecasts range from $18.00 to $28.00. On average, they expect Bloomin' Brands' stock price to reach $23.8750 in the next year. View Analyst Ratings for Bloomin' Brands.

Who are some of Bloomin' Brands' key competitors?

Who are Bloomin' Brands' key executives?

Bloomin' Brands' management team includes the folowing people:
  • Ms. Elizabeth A. Smith, Chairman, CEO & Pres (Age 55)
  • Mr. David J. Deno, Exec. VP, Chief Financial & Admin. Officer & Principal Accounting Officer (Age 60)
  • Mr. Sukhdev Singh, Exec. VP & Global Chief Devel. and Franchising Officer (Age 54)
  • Mr. Donagh M. Herlihy, Exec. VP & CTO (Age 54)
  • Mr. Joseph J. Kadow, Exec. VP, Chief Legal Officer & Assistant Sec. (Age 61)

Has Bloomin' Brands been receiving favorable news coverage?

Media coverage about BLMN stock has been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bloomin' Brands earned a media sentiment score of 0.12 on Accern's scale. They also assigned headlines about the restaurant operator an impact score of 46.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Bloomin' Brands' major shareholders?

Bloomin' Brands' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.16%), Earnest Partners LLC (5.78%), LSV Asset Management (3.17%), Dimensional Fund Advisors LP (3.07%), Millennium Management LLC (2.65%) and Ceredex Value Advisors LLC (2.60%). Company insiders that own Bloomin' Brands stock include Chris Thomas Sullivan, Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

Which institutional investors are selling Bloomin' Brands stock?

BLMN stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Point72 Asset Management L.P., Sei Investments Co., JPMorgan Chase & Co., UBS Group AG, Prudential Financial Inc., Alambic Investment Management L.P. and BlackRock Inc.. Company insiders that have sold Bloomin' Brands company stock in the last year include Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett and Michael Kappitt. View Insider Buying and Selling for Bloomin' Brands.

Which institutional investors are buying Bloomin' Brands stock?

BLMN stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Millennium Management LLC, Landscape Capital Management L.L.C., Russell Investments Group Ltd., Mackay Shields LLC, Earnest Partners LLC, Summit Trail Advisors LLC and GSA Capital Partners LLP. View Insider Buying and Selling for Bloomin' Brands.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Bloomin' Brands' stock price today?

One share of BLMN stock can currently be purchased for approximately $22.11.

How big of a company is Bloomin' Brands?

Bloomin' Brands has a market capitalization of $2.09 billion and generates $4.21 billion in revenue each year. The restaurant operator earns $100.24 million in net income (profit) each year or $1.36 on an earnings per share basis. Bloomin' Brands employs 94,000 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 restaurant operator can be reached via phone at 813-282-1225 or via email at [email protected]ominbrands.com.


MarketBeat Community Rating for Bloomin' Brands (BLMN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  668
MarketBeat's community ratings are surveys of what our community members think about Bloomin' Brands and other stocks. Vote "Outperform" if you believe BLMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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