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

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

Bloomin' Brands declared 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 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, May 4th. This is a boost from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its board has initiated a stock buyback 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. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Bloomin' Brands (NASDAQ:BLMN) announced its quarterly earnings data on Thursday, April, 26th. The restaurant operator reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.13. The restaurant operator had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.10 billion. Bloomin' Brands had a net margin of 2.91% and a return on equity of 198.45%. The company's revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. View Bloomin' Brands' Earnings History.

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

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

11 brokerages have issued 12 month target prices for Bloomin' Brands' shares. Their predictions range from $18.00 to $28.00. On average, they anticipate Bloomin' Brands' stock price to reach $23.8750 in the next twelve months. View Analyst Ratings for Bloomin' Brands.

Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Arcos Dorados (ARCO), Wingstop (WING), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), Sonic Drive-In (SONC), BJ's Restaurants (BJRI) and Denny's (DENN).

Media coverage about BLMN stock has trended somewhat positive this week, Accern reports. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bloomin' Brands earned a news impact score of 0.14 on Accern's scale. They also assigned news articles about the restaurant operator an impact score of 45.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Bloomin' Brands' stock is owned by a variety 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.

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.

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.

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.

One share of BLMN stock can currently be purchased for approximately $22.30.

Bloomin' Brands has a market capitalization of $2.07 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.

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]